Prime Capital Investment Advisors LLC increased its holdings in Super Micro Computer, Inc. (NASDAQ:SMCI – Free Report) by 28.3% during the 2nd quarter, Holdings Channel reports. The firm owned 64,370 shares of the company’s stock after buying an additional 14,183 shares during the period. Prime Capital Investment Advisors LLC’s holdings in Super Micro Computer were worth $3,155,000 at the end of the most recent quarter.
Several other large investors also recently modified their holdings of SMCI. Vanguard Group Inc. grew its stake in shares of Super Micro Computer by 3.9% in the first quarter. Vanguard Group Inc. now owns 64,407,769 shares of the company’s stock worth $2,205,322,000 after purchasing an additional 2,415,276 shares during the last quarter. Nuveen LLC bought a new stake in Super Micro Computer during the 1st quarter valued at approximately $53,031,000. Analog Century Management LP bought a new stake in Super Micro Computer during the 1st quarter valued at approximately $32,284,000. American Century Companies Inc. boosted its position in Super Micro Computer by 434.0% during the 1st quarter. American Century Companies Inc. now owns 859,821 shares of the company’s stock valued at $29,440,000 after acquiring an additional 698,814 shares in the last quarter. Finally, Woodline Partners LP boosted its position in Super Micro Computer by 1,946.1% during the 1st quarter. Woodline Partners LP now owns 618,768 shares of the company’s stock valued at $21,187,000 after acquiring an additional 588,526 shares in the last quarter. 84.06% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
Several analysts have weighed in on the company. JPMorgan Chase & Co. cut their price objective on Super Micro Computer from $46.00 to $45.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 6th. Raymond James Financial assumed coverage on Super Micro Computer in a research report on Wednesday, June 25th. They set an “outperform” rating on the stock. Zacks Research raised Super Micro Computer to a “hold” rating in a research report on Monday, August 11th. Wedbush reaffirmed a “neutral” rating and set a $30.00 price objective on shares of Super Micro Computer in a research report on Monday, August 4th. Finally, Bank of America began coverage on Super Micro Computer in a research report on Wednesday, July 9th. They set an “underperform” rating and a $35.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $45.36.
Insider Activity
In related news, CEO Charles Liang sold 200,000 shares of the business’s stock in a transaction that occurred on Monday, July 28th. The shares were sold at an average price of $60.00, for a total value of $12,000,000.00. Following the completion of the transaction, the chief executive officer directly owned 40,426,120 shares in the company, valued at $2,425,567,200. The trade was a 0.49% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO David E. Weigand sold 25,000 shares of the business’s stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $45.14, for a total transaction of $1,128,500.00. Following the completion of the transaction, the chief financial officer owned 100,188 shares of the company’s stock, valued at approximately $4,522,486.32. The trade was a 19.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 490,000 shares of company stock valued at $27,890,950 in the last quarter. Insiders own 16.30% of the company’s stock.
Super Micro Computer Price Performance
Shares of NASDAQ SMCI opened at $55.07 on Wednesday. Super Micro Computer, Inc. has a twelve month low of $17.25 and a twelve month high of $66.44. The firm has a market cap of $32.73 billion, a P/E ratio of 33.17, a PEG ratio of 1.36 and a beta of 1.55. The company has a 50 day moving average of $46.69 and a 200 day moving average of $43.12. The company has a quick ratio of 3.25, a current ratio of 5.25 and a debt-to-equity ratio of 0.74.
Super Micro Computer (NASDAQ:SMCI – Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The company reported $0.41 earnings per share for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.03). Super Micro Computer had a return on equity of 17.14% and a net margin of 4.77%.The firm had revenue of $5.76 billion during the quarter, compared to analysts’ expectations of $5.88 billion. During the same quarter in the previous year, the firm earned $6.25 earnings per share. Super Micro Computer’s revenue was up 8.5% on a year-over-year basis. Super Micro Computer has set its Q1 2026 guidance at 0.400-0.520 EPS. FY 2026 guidance at EPS. As a group, research analysts expect that Super Micro Computer, Inc. will post 1.86 EPS for the current fiscal year.
About Super Micro Computer
Super Micro Computer, Inc, together with its subsidiaries, develops and manufactures high performance server and storage solutions based on modular and open architecture in the United States, Europe, Asia, and internationally. Its solutions range from complete server, storage systems, modular blade servers, blades, workstations, full racks, networking devices, server sub-systems, server management software, and security software.
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