Super Micro Computer Inc’s recent filing unveils that its Director BLAIR ROBERT L unloaded Company’s shares for reported $0.83 million on Feb 28 ’25. In the deal valued at $42.58 per share,19,460 shares were sold. As a result of this transaction, BLAIR ROBERT L now holds 0 shares worth roughly $0.0.
Then, BLAIR ROBERT L bought 19,460 shares, generating $828,568 in total proceeds.
Before that, Liang Charles sold 46,293 shares. Super Micro Computer Inc shares valued at $2,322,566 were divested by the President and CEO at a price of $50.17 per share. As a result of the transaction, Liang Charles now holds 0 shares, worth roughly $0.0.
A number of analysts have revised their coverage, including CFRA’s analysts, who increased its forecast for the stock in mid February from “a Hold” to “a Buy”. JP Morgan also remained covering SMCI and has decreased its forecast on November 06, 2024 with a “an Underweight” recommendation from previously “Neutral” rating. Argus revised its rating on October 31, 2024. It rated SMCI as “a Hold” which previously was an “a Buy”.
Price Performance Review of SMCI
On Tuesday, Super Micro Computer Inc [NASDAQ:SMCI] saw its stock jump 8.51% to $39.14. Over the last five days, the stock has lost -14.05%. Super Micro Computer Inc shares have risen nearly 28.41% since the year began. Nevertheless, the stocks have fallen -54.81% over the past one year. While a 52-week high of $122.90 was reached on 02/19/25, a 52-week low of $17.25 was recorded on 02/03/25. SMA at 50 days reached $36.52, while 200 days put it at $51.92.
Levels Of Support And Resistance For SMCI Stock
The 24-hour chart illustrates a support level at 35.56, which if violated will result in even more drops to 31.99. On the upside, there is a resistance level at 41.66. A further resistance level may holdings at 44.19. The Relative Strength Index (RSI) on the 14-day chart is 47.06, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -8.91, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 85.50%. Stochastics %K at 10.03% indicates the stock is a buying.
The most recent change occurred on September 18, 2024 when Needham began covering the stock and recommended ‘”a Buy”‘ rating along with a $600 price target.
