It was reported on December 7, that ROBERT BLAIR, Board Member at Super Micro Computer (NASDAQ:SMCI) executed a significant insider sell, according to an SEC filing.
What Happened: According to a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday, BLAIR sold 800 shares of Super Micro Computer. The total transaction value is $201,740.
Super Micro Computer shares are trading down 0.45% at $255.0 at the time of this writing on Friday morning.
Unveiling the Story Behind Super Micro Computer
Super Micro Computer Inc provides high-performance server technology services to cloud computing, data center, Big Data, high-performance computing, and "Internet of Things" embedded markets. Its solutions include server, storage, blade and workstations to full racks, networking devices, and server management software. The firm follows a modular architectural approach, which provides flexibility to deliver customized solutions. The Company operates in one operating segment that develops and provides high-performance server solutions based upon an innovative, modular and open-standard architecture. More than half of the firm's revenue is generated in the United States, with the rest coming from Europe, Asia, and other regions.
Super Micro Computer's Economic Impact: An Analysis
Revenue Growth: Super Micro Computer displayed positive results in 3 ...