US Bancorp DE Buys 9,662 Shares of Super Micro Computer, Inc. $SMCI

US Bancorp DE grew its stake in shares of Super Micro Computer, Inc. (NASDAQ:SMCI) by 24.6% in the 2nd quarter, Holdings Channel.com reports. The fund owned 48,969 shares of the company’s stock after acquiring an additional 9,662 shares during the period. US Bancorp DE’s holdings in Super Micro Computer were worth $2,400,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of SMCI. Farther Finance Advisors LLC increased its holdings in shares of Super Micro Computer by 25.1% during the first quarter. Farther Finance Advisors LLC now owns 6,204 shares of the company’s stock valued at $217,000 after acquiring an additional 1,245 shares in the last quarter. GAMMA Investing LLC increased its stake in Super Micro Computer by 129.3% during the 1st quarter. GAMMA Investing LLC now owns 14,543 shares of the company’s stock valued at $498,000 after purchasing an additional 8,202 shares in the last quarter. CX Institutional bought a new stake in Super Micro Computer during the 1st quarter valued at about $104,000. Fifth Third Bancorp increased its position in shares of Super Micro Computer by 73.8% during the first quarter. Fifth Third Bancorp now owns 21,323 shares of the company’s stock valued at $730,000 after acquiring an additional 9,057 shares in the last quarter. Finally, Exchange Traded Concepts LLC increased its position in shares of Super Micro Computer by 1,408.1% during the first quarter. Exchange Traded Concepts LLC now owns 84,513 shares of the company’s stock valued at $2,894,000 after acquiring an additional 78,909 shares in the last quarter. 84.06% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on SMCI shares. The Goldman Sachs Group raised their price target on shares of Super Micro Computer from $24.00 to $27.00 and gave the company a “sell” rating in a research report on Wednesday, August 6th. Bank of America began coverage on Super Micro Computer in a report on Wednesday, July 9th. They issued an “underperform” rating and a $35.00 target price for the company. Zacks Research raised Super Micro Computer to a “hold” rating in a report on Monday, August 11th. Sanford C. Bernstein upgraded Super Micro Computer to a “hold” rating in a report on Tuesday, September 16th. Finally, JPMorgan Chase & Co. reduced their price objective on Super Micro Computer from $46.00 to $45.00 and set a “neutral” rating for the company in a report on Wednesday, August 6th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $45.36.

Super Micro Computer Trading Down 3.0%

Super Micro Computer stock opened at $53.11 on Wednesday. The business has a 50-day simple moving average of $46.40 and a two-hundred day simple moving average of $43.74. The company has a market cap of $31.56 billion, a P/E ratio of 31.99, a P/E/G ratio of 1.36 and a beta of 1.55. Super Micro Computer, Inc. has a 52-week low of $17.25 and a 52-week high of $66.44. 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) last released its quarterly earnings results on Tuesday, August 5th. The company reported $0.41 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.03). The firm had revenue of $5.76 billion for the quarter, compared to the consensus estimate of $5.88 billion. Super Micro Computer had a net margin of 4.77% and a return on equity of 17.14%. The company’s revenue for the quarter was up 8.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $6.25 earnings per share. Super Micro Computer has set its Q1 2026 guidance at 0.400-0.520 EPS. FY 2026 guidance at EPS. Analysts predict that Super Micro Computer, Inc. will post 1.86 EPS for the current year.

Insider Buying and Selling

In other Super Micro Computer news, CFO David E. Weigand sold 25,000 shares of the business’s stock in a transaction dated 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 sale, 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 transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, 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 transaction, the chief executive officer owned 40,426,120 shares of the company’s stock, valued at approximately $2,425,567,200. This trade represents a 0.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 490,000 shares of company stock worth $27,890,950. Company insiders own 16.30% of the company’s stock.

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.