On December 7, a recent SEC filing unveiled that David E Weigand, SVP at Super Micro Computer (NASDAQ:SMCI) made an insider sell.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that Weigand sold 20,000 shares of Super Micro Computer. The total transaction amounted to $5,043,500.
Super Micro Computer's shares are actively trading at $255.0, experiencing a down of 0.45% during Friday's morning session.
All You Need to Know About 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 months. As of 30 September, 2023, the company ...