Super Micro Computer Inc is in the red today after an insider sold 5,000 shares of the artificial intelligence server company.How many shares of $SMCI did he sell?Copy link to sectionSherman Tuan – an independent director of Supermicro unloaded about $4.37 million worth of $SMCI on Monday. He still, however, owns over 22,000 shares of the California-based company. The insider trimmed his stake in Super Micro Computer following a close to 300% year-to-date rally in its shares.Earlier this week, a Goldman Sac ...

One of the hottest trades - Super Micro Computer (SMCI) – is set to enter the S&P 500 Index on quarterly rebalance, replacing Whirlpool. The move came on the back of its historic rally as the stock soared more than twentyfold over the past two years and over 200% just since the start of 2024. Super Micro jumped 19% to a new all-time high following the news, propelling its market cap to $60 billion (read: Time to Buy Super Micro (SMCI) Heavy ETFs as It Joins S&P 500?).Super Micro’s inclusion in the S&P 500 i ...

Super Micro Computer (SMCI -3.75%) stock is slipping in Tuesday's trading. The server-technology specialist's share price was down 5.5% as of 12:15 p.m. ET, according to data from S&P Global Market Intelligence.While there isn't any business-specific news pulling Supermicro stock lower today, the company's share price is slipping as investors weigh risks in the artificial intelligence (AI) space. In particular, investors are feeling a bit more cautious about companies in the category after reports emerged t ...

With just two months into the year, it has already been an odd-defying one for artificial intelligence (AI)-related stocks. Making this a moot point was Super Micro Computer (NASDAQ: SMCI), which rallied above $1,000 yesterday, March 4, 2024. As the server and computer infrastructure company continues its relentless rise, it experienced a price jump of $168.86 (18.65%) on Monday, with its current price now standing at $1,075.SMCI Stock Price Chart. Source: TradingView Yesterday’s surge comes after the techn ...

To understand the influence of artificial intelligence on the S&P 500, look no further than the story of Super Micro Computer (NASDAQ: SMCI) stock. It is a prime example of how AI advancements have boosted the semiconductor industry.In 2024 alone, Super Micro Computer’s stock has soared by over 270%, marking an almost 1,000% increase over the past year. With a market capitalization of $64 billion, the company now stands as the 138th largest in the US, a remarkable ascent considering its absence from the top ...

Super Micro Computer (SMCI) saw a 12.7% surge in its shares during after-hours trading on Mar 1, 2024 just after the announcement that the provider of AI-optimized servers would be included in the S&P 500 index.The news puts focus on Super Micro-heavy ETFs like Invesco S&P MidCap Momentum ETF (XMMO) (SMCI’s exposure is 10.22%), iShares U.S. Digital Infrastructure and Real Estate ETF (IDGT) (SMCI’s exposure is 9.91%), Pacer Lunt MidCap Multi-Factor Alternator ETF (PAMC) (SMCI’s exposure is 8.22%) and Amplify ...

Lan Zhang/E+ via Getty ImagesSuper Micro Computer, Inc. (NASDAQ:SMCI) is one of the largest quant-rated stocks in the Technology Hardware, Storage and Peripherals industry. Delivering over 10x since the Quant Team selected Super Micro Computer as its #1 stock pick on January 10, 2023, SMCI’s price has surged 1,287%. SMCI Stock offers strong Quant ratings (SA Premium) With a market cap of $50.65B, SMCI capitalizes on the growing demand for artificial intelligence, tech storage solutions, and a strong pa ...

After more than tripling just so far in 2024, the rally in shares of Super Micro Computer (SMCI 26.39%) continued Monday. Supermicro, as it's known, will be added to the S&P 500 index before the opening of trading on March 18.That's just the latest catalyst for the stock of the maker of servers for artificial intelligence (AI) applications. And it shouldn't be unexpected since the stock's market cap has now soared to about $60 billion. What investors need to know now is whether the company is worth that val ...

Shares of server and storage-solution specialist Super Micro Computer (SMCI 24.65%), also known as Supermicro, resumed their relentless rise Monday, surging as much as 21.1%. As of 10:43 a.m. ET, the stock was still up 18.4%.The catalyst that sent the artificial intelligence (AI) stock higher was an announcement it would be joining a major trading index.Joining the S&P 500An announcement released after market close on Friday revealed that Supermicro would be joining the S&P 500. The stock will be replacing ...

Super Micro Computer Inc. is a proven “AI winner” according to Goldman Sachs analyst Michael Ng, but that doesn’t necessarily mean you should buy the stock. With the shares up nearly 1,000% since the start of 2023, they’re “fairly valued,” in Ng’s view. He initiated coverage of Super Micro’s stock SMCI, +25.29% with a neutral rating and $941 target price Monday, writing of its “premium valuation” after that big run higher. Super Micro has mirrored Nvidia Corp. with its revenue growth and inflection in earni ...