SuperX AI Technology (NASDAQ:SUPX) Upgraded to Sell at Wall Street Zen

Wall Street Zen upgraded shares of SuperX AI Technology (NASDAQ:SUPX) from a strong sell rating to a sell rating in a report published on Saturday.

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of SuperX AI Technology in a research note on Friday, May 8th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has an average rating of “Sell”.

SuperX AI Technology Stock Performance

NASDAQ:SUPX opened at $6.49 on Friday. The company has a fifty day simple moving average of $8.27 and a two-hundred day simple moving average of $10.12. SuperX AI Technology has a 52 week low of $5.61 and a 52 week high of $76.50.

SuperX AI Technology (NASDAQ:SUPX) last posted its quarterly earnings data on Monday, June 22nd. The semiconductor company reported ($1.22) earnings per share for the quarter. The firm had revenue of $1.42 million during the quarter.

Hedge Funds Weigh In On SuperX AI Technology

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Renaissance Technologies LLC increased its stake in SuperX AI Technology by 32.8% in the first quarter. Renaissance Technologies LLC now owns 57,400 shares of the semiconductor company’s stock valued at $459,000 after purchasing an additional 14,190 shares during the last quarter. SG Americas Securities LLC raised its holdings in SuperX AI Technology by 14.9% during the first quarter. SG Americas Securities LLC now owns 101,111 shares of the semiconductor company’s stock worth $809,000 after purchasing an additional 13,084 shares in the last quarter. Aristides Capital LLC purchased a new stake in shares of SuperX AI Technology during the 4th quarter worth approximately $167,000. XTX Topco Ltd purchased a new stake in shares of SuperX AI Technology during the 4th quarter worth approximately $252,000. Finally, Quadrature Capital Ltd acquired a new position in shares of SuperX AI Technology in the 4th quarter valued at $354,000.

SuperX AI Technology Company Profile

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.