Page 6 - Smart Global News Today

The company posts fiscal fourth-quarter net sales $316.7 million, well below analysts' estimates of $375 million.

SMART Global (NASDAQ:SGH – Get Free Report)‘s stock had its “buy” rating restated by investment analysts at Needham & Company LLC in a report issued on Friday, Benzinga reports. They currently have a $22.00 target price on the stock. Needham & Company LLC’s price objective suggests a potential upside of 66.92% from the stock’s current […]

Smart Global badly missed expectations with its latest quarter's results and its outlook.

Smart Global badly missed expectations with its latest quarter's results and its outlook.

SMART Global (NASDAQ:SGH – Get Free Report) updated its first quarter 2024 earnings guidance on Thursday. The company provided EPS guidance of 0-$0.30 for the period, compared to the consensus EPS estimate of $0.40. The company issued revenue guidance of $250.00 million-$300.00 million, compared to the consensus revenue estimate of $383.44 million. SMART Global also […]

Ameriprise Financial Inc. trimmed its stake in SMART Global Holdings, Inc. (NASDAQ:SGH – Free Report) by 62.1% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,129,432 shares of the company’s stock after selling 10,035,205 shares during the quarter. Ameriprise Financial Inc. owned about 12.49% […]

SMART Global Holdings, Inc. (NASDAQ:SGH – Get Free Report) COO Jack A. Pacheco sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 23rd. The stock was sold at an average price of $25.07, for a total transaction of $125,350.00. Following the completion of the transaction, the chief operating officer […]

SMART Global Holdings, Inc. (NASDAQ:SGH – Get Free Report) insider Joseph Gates Clark sold 2,519 shares of the firm’s stock in a transaction on Monday, July 17th. The stock was sold at an average price of $27.36, for a total value of $68,919.84. Following the sale, the insider now directly owns 92,754 shares in the […]

SMART Global Holdings, Inc. (NASDAQ:SGH – Get Free Report) has earned a consensus recommendation of “Buy” from the five brokerages that are covering the firm, Marketbeat reports. Five investment analysts have rated the stock with a buy recommendation. The average 1 year target price among brokers that have updated their coverage on the stock in […]

SMART Global Holdings, Inc. (NASDAQ:SGH – Free Report) Director Sandeep Nayyar sold 12,356 shares of the company’s stock in a transaction dated Wednesday, July 5th. The shares were sold at an average price of $27.39, for a total transaction of $338,430.84. Following the completion of the transaction, the director now owns 29,837 shares in the […]