Super Micro Executives Sell Millions in Stock Following Delayed SEC Filings

The company avoided Nasdaq delisting by submitting overdue financial reports, but faces ongoing legal and regulatory challenges.

Super Micro co-founder Sara Liang and SVP George Kao sold a combined $5.9 million in stock after the company's delayed filings were submitted to the SEC.
The delayed filings, caused by the resignation of Ernst & Young as auditors, allowed the company to regain Nasdaq compliance and avoid delisting.
Super Micro remains under investigation by the SEC and DOJ, with at least five lawsuits stemming from the delayed filings adding to its challenges.
Despite its leadership in AI server technology and a $40 billion revenue target for 2026, analysts warn of a shrinking competitive edge and potential investor skepticism due to past controversies.
The company's stock has been highly volatile, with a year-to-date gain of 36% but a 54% drop over the past year, reflecting ongoing uncertainty among investors.