SuperX AI Technology (NASDAQ:SUPX) Releases Earnings Results

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

SuperX AI Technology Stock Down 2.9%

Shares of SuperX AI Technology stock opened at $7.95 on Tuesday. SuperX AI Technology has a 52 week low of $6.61 and a 52 week high of $76.50. The business’s fifty day simple moving average is $9.12 and its 200-day simple moving average is $12.02.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on SUPX shares. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of SuperX AI Technology in a report on Friday, May 8th. Wall Street Zen cut SuperX AI Technology from a “hold” rating to a “sell” rating in a report on Sunday, March 15th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.

Institutional Trading of SuperX AI Technology

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Public Employees Retirement System of Ohio purchased a new position in SuperX AI Technology during the fourth quarter worth about $33,000. Barclays PLC acquired a new position in shares of SuperX AI Technology in the 4th quarter worth approximately $41,000. Aristides Capital LLC acquired a new position in shares of SuperX AI Technology in the 4th quarter worth approximately $167,000. California State Teachers Retirement System purchased a new position in shares of SuperX AI Technology during the 4th quarter worth approximately $168,000. Finally, XTX Topco Ltd purchased a new position in shares of SuperX AI Technology during the 4th quarter worth approximately $252,000.

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.