SuperX AI Technology (NASDAQ:SUPX) Announces Earnings Results

SuperX AI Technology (NASDAQ:SUPX) announced its quarterly earnings results on Monday. The semiconductor company reported ($1.22) EPS for the quarter, FiscalAI reports. The business had revenue of $1.42 million for the quarter.

SuperX AI Technology Stock Performance

SUPX opened at $7.97 on Wednesday. SuperX AI Technology has a 12 month low of $6.61 and a 12 month high of $76.50. The company has a fifty day simple moving average of $9.14 and a 200 day simple moving average of $11.89.

Institutional Trading of SuperX AI Technology

Several large investors have recently modified their holdings of the stock. Public Employees Retirement System of Ohio acquired a new position in SuperX AI Technology in the fourth quarter valued at about $33,000. Barclays PLC acquired a new position in shares of SuperX AI Technology in the 4th quarter valued at approximately $41,000. Aristides Capital LLC bought a new stake in shares of SuperX AI Technology during the 4th quarter worth approximately $167,000. California State Teachers Retirement System bought a new stake in shares of SuperX AI Technology during the 4th quarter worth approximately $168,000. Finally, SG Americas Securities LLC boosted its position in shares of SuperX AI Technology by 14.9% during the 1st quarter. SG Americas Securities LLC now owns 101,111 shares of the semiconductor company’s stock worth $809,000 after acquiring an additional 13,084 shares in the last quarter.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on SUPX shares. Wall Street Zen downgraded SuperX AI Technology from a “hold” rating to a “sell” rating in a research note on Sunday, March 15th. Weiss Ratings reiterated a “sell (e+)” rating on shares of SuperX AI Technology in a research note on Friday, May 8th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.

About SuperX AI Technology

Supertex, Inc is a producer of high voltage analog and mixed signal semiconductor components. The Company designs, develops, manufactures, and markets integrated circuits (ICs), utilizing high voltage DMOS, HVCMOS and HVBiCMOS analog and mixed signal technologies. These ICs are used in the medical ultrasound imaging, light emitting diodes (LED) backlighting for monitors and liquid-crystal display (LCD) television (TVs), LED general lighting, telecommunications, printer, flat panel display, industrial and consumer product industries.