It was reported on December 7, that SHERMAN TUAN, Board Member at Super Micro Computer (NASDAQ:SMCI) executed a significant insider sell, according to an SEC filing.
What Happened: TUAN's recent Form 4 filing with the U.S. Securities and Exchange Commission on Thursday unveiled the sale of 500 shares of Super Micro Computer. The total transaction value is $126,087.
Super Micro Computer shares are trading up 1.87% at $260.95 at the time of this writing on Friday morning.
Delving into Super Micro Computer's Background
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.
Financial Insights: Super Micro Computer
Revenue Growth: Over the 3 months period, Super Micro Computer showcased positive performance, achieving a revenue growth rate of ...