The Manufacturers Life Insurance Company Has $6.06 Million Position in Super Micro Computer, Inc. $SMCI

The Manufacturers Life Insurance Company lessened its stake in shares of Super Micro Computer, Inc. (NASDAQ:SMCI) by 7.9% during the 1st quarter, HoldingsChannel reports. The firm owned 266,260 shares of the company’s stock after selling 22,716 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Super Micro Computer were worth $6,063,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. OVERSEA CHINESE BANKING Corp Ltd lifted its position in shares of Super Micro Computer by 210.8% during the 4th quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 49,806 shares of the company’s stock worth $1,498,000 after purchasing an additional 33,782 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its position in Super Micro Computer by 54.7% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 107,789 shares of the company’s stock worth $3,155,000 after buying an additional 38,098 shares during the period. Generali Asset Management SPA SGR lifted its holdings in shares of Super Micro Computer by 235.2% during the fourth quarter. Generali Asset Management SPA SGR now owns 70,389 shares of the company’s stock worth $2,060,000 after buying an additional 49,389 shares during the last quarter. Strs Ohio lifted its holdings in shares of Super Micro Computer by 41.9% during the fourth quarter. Strs Ohio now owns 237,299 shares of the company’s stock worth $6,946,000 after buying an additional 70,021 shares during the last quarter. Finally, Quent Capital LLC boosted its position in shares of Super Micro Computer by 27,103.4% in the fourth quarter. Quent Capital LLC now owns 48,694 shares of the company’s stock valued at $1,425,000 after acquiring an additional 48,515 shares during the period. 84.06% of the stock is currently owned by institutional investors and hedge funds.

Super Micro Computer News Summary

Here are the key news stories impacting Super Micro Computer this week:

• Positive Sentiment: Demand for AI data-center infrastructure is generating large backlogs for server, rack, cooling, networking and power-equipment suppliers. Super Micro is positioned to benefit from this spending through its AI server and rack offerings. AI Infrastructure Backlog: How Dell, HPE, SMCI, and GE Vernova Are Positioned
• Positive Sentiment: Super Micro’s new high-density AI data-center racks and H15 servers, along with relationships with Nvidia, AMD and Intel, reinforce its growth opportunity as customers expand AI computing capacity. Is Super Micro Computer (SMCI) Fully Valued On Its New AI Server Push?
• Neutral Sentiment: Investors are awaiting Super Micro’s upcoming earnings report. Recent coverage highlights expectations for earnings growth, but also questions whether the company has the conditions needed to exceed estimates, making the release an important near-term catalyst. Super Micro Computer Earnings Expected to Grow
• Negative Sentiment: AI and semiconductor stocks came under pressure after Elon Musk said his companies would exclusively use Nvidia chips. The comments raised concern about competitive positioning for AMD and other AI hardware suppliers, weighing on the broader group despite Nvidia’s gains. AI and Chip Stocks Drop After Musk’s Nvidia Bombshell
• Negative Sentiment: After a sharp short-term rebound, analysts questioned whether Super Micro’s new AI-server opportunity is already reflected in the stock price. Valuation concerns and ongoing margin scrutiny may be encouraging investors to lock in gains. Is Super Micro Computer Fully Valued On Its New AI Server Push?

Super Micro Computer Stock Down 4.3%

NASDAQ SMCI opened at $30.32 on Thursday. The stock’s 50 day simple moving average is $31.80 and its 200 day simple moving average is $30.48. The company has a debt-to-equity ratio of 0.88, a current ratio of 2.66 and a quick ratio of 1.29. The firm has a market cap of $18.24 billion, a PE ratio of 16.04, a price-to-earnings-growth ratio of 0.38 and a beta of 1.95. Super Micro Computer, Inc. has a one year low of $19.48 and a one year high of $58.78.

Super Micro Computer (NASDAQ:SMCI) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $0.84 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.21. The firm had revenue of $10.24 billion during the quarter, compared to analysts’ expectations of $12.39 billion. Super Micro Computer had a net margin of 3.70% and a return on equity of 17.49%. Super Micro Computer’s revenue was up 122.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.31 EPS. As a group, sell-side analysts forecast that Super Micro Computer, Inc. will post 2.1 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. CJS Securities upgraded shares of Super Micro Computer from a “market underperform” rating to a “market perform” rating in a research note on Wednesday, May 6th. Wolfe Research began coverage on shares of Super Micro Computer in a report on Thursday, June 11th. They issued a “peer perform” rating for the company. Rosenblatt Securities set a $45.00 price target on shares of Super Micro Computer and gave the stock a “buy” rating in a research report on Wednesday, July 22nd. The Goldman Sachs Group restated a “sell” rating on shares of Super Micro Computer in a report on Wednesday, May 6th. Finally, Northland Securities set a $36.00 price objective on shares of Super Micro Computer in a research report on Wednesday, July 22nd. Four equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $39.21.

About Super Micro Computer

Super Micro Computer, Inc (Supermicro) is a technology company that designs, develops and manufactures high-performance server, storage and networking solutions for enterprise, cloud, data center, high performance computing (HPC) and edge computing customers. The company’s product portfolio includes rackmount and blade servers, storage subsystems, motherboards, chassis, power supplies and networking components, with an emphasis on high-density, energy-efficient configurations and platforms optimized for GPU-accelerated workloads and artificial intelligence applications.

Headquartered in San Jose, California, Supermicro combines in-house engineering with a global manufacturing and distribution footprint to deliver configurable, application-specific systems.