GuruFocus - Director Daniel Fairfax (TSX:FFH) sold 300 shares of Super Micro Computer Inc (NASDAQ:SMCI) on June 3, 2024, as reported in a recent SEC Filing. Following this transaction, the insider now owns 18,887 shares of the company. The shares were sold at a price of $802 each.
Super Micro Computer Inc, headquartered in San Jose, California, is a global leader in high-performance, high-efficiency server technology and innovation. The company develops and provides end-to-end green computing solutions to the data center, cloud computing, enterprise IT, big data, high-performance computing, and embedded markets.
Over the past year, Daniel Fairfax has sold a total of 2,100 shares of the company and has not made any purchases. The insider transaction history for Super Micro Computer Inc shows a trend with 2 insider buys and 31 insider sells over the past year.
On the valuation front, Super Micro Computer Inc's shares are currently trading at a price-earnings ratio of 44.98, which is above the industry median of 23.61. The company's market cap is approximately $46.99 billion. According to the GF Value, the stock is considered significantly overvalued with a price-to-GF-Value ratio of 4.78.
The GF Value is calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
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