513,592 Shares in SuperX AI Technology Limited $SUPX Bought by CloudAlpha Capital Management Limited Hong Kong

CloudAlpha Capital Management Limited Hong Kong bought a new stake in shares of SuperX AI Technology Limited (NASDAQ:SUPX) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 513,592 shares of the semiconductor company’s stock, valued at approximately $8,053,000. SuperX AI Technology comprises approximately 0.4% of CloudAlpha Capital Management Limited Hong Kong’s investment portfolio, making the stock its 28th biggest holding.

Separately, Yong Rong HK Asset Management Ltd acquired a new stake in SuperX AI Technology in the 4th quarter worth $43,091,000.

SuperX AI Technology Stock Down 7.4%

Shares of SUPX stock opened at $9.50 on Wednesday. The stock’s fifty day simple moving average is $8.67 and its 200 day simple moving average is $17.76. SuperX AI Technology Limited has a one year low of $6.61 and a one year high of $76.50.

Analyst Upgrades and Downgrades

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

SuperX AI Technology 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.