Weigand, Super Micro Computer CFO, sells $1m in SMCI stock

Published 05/09/2025, 23:24
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David E. Weigand, the SVP and Chief Financial Officer of Super Micro Computer (NASDAQ:SMCI), sold a total of 25,000 shares of common stock on September 3, 2025. The sales, executed in two separate transactions, amounted to $1,007,280. The prices for the sales ranged from $40.2844 to $40.8533. The technology hardware company, currently valued at $23.9 billion, has demonstrated robust growth with revenue increasing by 46.6% over the last twelve months. According to InvestingPro analysis, the stock appears slightly undervalued at current levels.

On the same day, Weigand also exercised options to acquire 25,000 shares of Super Micro Computer common stock at a price of $5.304, for a total value of $132,600. The company maintains strong financial health with a "GREAT" rating from InvestingPro, which offers 12 additional key insights about SMCI’s performance and prospects in its comprehensive Pro Research Report.

In other recent news, Digi Power X Inc. has released its interim financial results for the three and six months ending June 30, 2025. The company also filed management’s discussion and analysis for the same period, including certifications from its CEO and CFO. Additionally, Digi Power X’s subsidiary, US Data Centers, Inc., achieved Tier 3 certification for its ARMS 200 modular data center platform, confirming its compliance with global standards for resilience and reliability. Meanwhile, Lambda has expanded its AI infrastructure by deploying Supermicro’s GPU-optimized servers, including NVIDIA Blackwell-based systems, at Cologix’s data center in Ohio.

Supermicro, Inc. announced an expansion of its NVIDIA Blackwell system lineup with new cooling options designed for large-scale AI training and cloud-scale inference workloads. Needham has raised its price target for Super Micro Computer to $60, maintaining a Buy rating, despite the company’s fourth-quarter fiscal 2025 results missing market expectations. The earnings shortfall was attributed to insufficient capital access, which hindered the acceleration of volume production. These developments reflect ongoing changes and strategic moves within these companies.

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