66,015 Shares in Super Micro Computer, Inc. $SMCI Bought by Quantitative Investment Management LLC

Quantitative Investment Management LLC purchased a new position in Super Micro Computer, Inc. (NASDAQ:SMCI) in the second quarter, Holdings Channel.com reports. The institutional investor purchased 66,015 shares of the company’s stock, valued at approximately $1,936,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Norges Bank bought a new stake in Super Micro Computer during the 4th quarter worth approximately $136,569,000. Assenagon Asset Management S.A. lifted its holdings in shares of Super Micro Computer by 1,770.4% in the second quarter. Assenagon Asset Management S.A. now owns 2,174,863 shares of the company’s stock valued at $63,789,000 after purchasing an additional 2,058,588 shares in the last quarter. Invesco Ltd. lifted its holdings in shares of Super Micro Computer by 21.2% in the fourth quarter. Invesco Ltd. now owns 9,953,780 shares of the company’s stock valued at $291,347,000 after purchasing an additional 1,738,749 shares in the last quarter. Amundi boosted its position in shares of Super Micro Computer by 188.8% during the fourth quarter. Amundi now owns 2,421,891 shares of the company’s stock valued at $70,889,000 after buying an additional 1,583,229 shares during the last quarter. Finally, Disciplined Growth Investors Inc. MN grew its holdings in Super Micro Computer by 16.5% during the second quarter. Disciplined Growth Investors Inc. MN now owns 9,730,773 shares of the company’s stock worth $476,905,000 after buying an additional 1,381,046 shares in the last quarter. 84.06% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Weiss Ratings restated a “hold (c)” rating on shares of Super Micro Computer in a research note on Wednesday, June 24th. Stifel Nicolaus set a $42.00 target price on shares of Super Micro Computer in a report on Wednesday, August 12th. CJS Securities raised shares of Super Micro Computer from a “market underperform” rating to a “market perform” rating in a research report on Wednesday, May 6th. The Goldman Sachs Group restated a “sell” rating and set a $34.00 price target (up from $30.00) on shares of Super Micro Computer in a report on Wednesday, August 12th. Finally, Northland Securities set a $36.00 price objective on shares of Super Micro Computer in a research report on Wednesday, July 22nd. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Super Micro Computer has an average rating of “Hold” and an average target price of $42.13.

Super Micro Computer Stock Up 0.5%

Shares of NASDAQ:SMCI opened at $37.28 on Tuesday. The company has a market capitalization of $22.42 billion, a PE ratio of 11.65, a price-to-earnings-growth ratio of 0.81 and a beta of 1.95. The company has a debt-to-equity ratio of 0.65, a current ratio of 3.87 and a quick ratio of 2.07. The business has a fifty day moving average price of $31.17 and a two-hundred day moving average price of $31.04. Super Micro Computer, Inc. has a 1 year low of $19.48 and a 1 year high of $58.78.

Super Micro Computer (NASDAQ:SMCI) last announced its earnings results on Tuesday, August 11th. The company reported $1.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.92 by $0.78. The firm had revenue of $11.12 billion during the quarter, compared to analyst estimates of $11.60 billion. Super Micro Computer had a return on equity of 27.83% and a net margin of 5.71%.The business’s revenue was up 93.2% compared to the same quarter last year. During the same period last year, the firm posted $0.31 EPS. Super Micro Computer has set its Q1 2027 guidance at 1.010-1.100 EPS. Analysts forecast that Super Micro Computer, Inc. will post 4.04 earnings per share for the current year.

Super Micro Computer Company Profile

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.