Director Liu Liang Chiu-Chu Sara sold 200,000 shares of SMCI at $60.00 for $12,000,000 on 2025-07-28
Director Liu sold 200,000 shares at $60.00 while SMCI trades at $60.71, just 14.8% below its 52-week high of $71.22. The sale follows a 23.9% surge in the 30-day period and an 85.5% rally over 90 days, reducing her holdings from 40.63M to 40.43M shares (a 0.5% reduction). Her cross-ticker track record shows 5 prior sells with a well-timed rate of 100.00%, and at SMCI specifically, 2 of 2 measurable prior sells generated negative 90-day returns (-31.7% and -88.6%), suggesting a pattern of selling before declines. However, the most recent SMCI sale on 2025-06-18 was followed by a +15.0% 30-day return, indicating variable timing outcomes. The company posted $4.6B revenue with +110.4% annual growth and net income of $108.8M, but the P/E of 31.46 reflects elevated valuation relative to historical and peer multiples.