Post #1161

On 2/7/2025, Blackrock reported a new position in SuperMicro $SMCI on Form 13F as of 12 /31/2024 for a whopping 41,543,545 shares, worth $1.266B. Do they have a surprise in store? SMCI is confirmed to report earnings on Tuesday, February 11, 2025 at 4:20 PM ET. The consensus earnings estimate is $0.54 per share on revenue of $5.80 billion, representing 58.3% YoY revenue growth. Investors are bearish going into the company's earnings release but with 83.7% expecting a beat. The stock is 33.2% below its 200 day moving average of $54.33. Option Traders are pricing in a 20.3% move on earnings. On Thursday, February 06, 2025 there was some notable buying of 26,235 contracts of the $45.00 call expiring on Friday, February 14, 2025.