D.A. Davidson & CO. Has $456,000 Stock Position in Super Micro Computer, Inc. $SMCI

D.A. Davidson & CO. lessened its stake in Super Micro Computer, Inc. (NASDAQ:SMCI) by 31.4% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,306 shares of the company’s stock after selling 4,255 shares during the quarter. D.A. Davidson & CO.’s holdings in Super Micro Computer were worth $456,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. TD Private Client Wealth LLC raised its stake in Super Micro Computer by 46.0% in the second quarter. TD Private Client Wealth LLC now owns 800 shares of the company’s stock valued at $39,000 after purchasing an additional 252 shares in the last quarter. Eastern Bank acquired a new position in Super Micro Computer in the first quarter valued at about $29,000. Beaird Harris Wealth Management LLC acquired a new position in Super Micro Computer in the first quarter valued at about $34,000. Garde Capital Inc. raised its stake in Super Micro Computer by 42.1% in the second quarter. Garde Capital Inc. now owns 1,013 shares of the company’s stock valued at $50,000 after purchasing an additional 300 shares in the last quarter. Finally, Concord Wealth Partners raised its stake in Super Micro Computer by 2,564.1% in the second quarter. Concord Wealth Partners now owns 1,039 shares of the company’s stock valued at $51,000 after purchasing an additional 1,000 shares in the last quarter. Institutional investors and hedge funds own 84.06% of the company’s stock.

Super Micro Computer Stock Performance

NASDAQ:SMCI opened at $52.69 on Thursday. The stock’s 50-day moving average is $47.93 and its 200-day moving average is $45.24. Super Micro Computer, Inc. has a 1-year low of $17.25 and a 1-year high of $66.44. The stock has a market cap of $31.31 billion, a P/E ratio of 31.74, a price-to-earnings-growth ratio of 1.25 and a beta of 1.55. The company has a current ratio of 5.25, a quick ratio of 3.25 and a debt-to-equity ratio of 0.74.

Super Micro Computer (NASDAQ:SMCI) last announced its earnings results on Tuesday, August 5th. The company reported $0.41 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.03). Super Micro Computer had a net margin of 4.77% and a return on equity of 17.14%. The company had revenue of $5.76 billion during the quarter, compared to the consensus estimate of $5.88 billion. During the same quarter in the previous year, the company earned $6.25 earnings per share. The business’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. Equities research analysts anticipate that Super Micro Computer, Inc. will post 1.86 earnings per share for the current year.

Insider Activity at Super Micro Computer

In related news, CFO David E. Weigand sold 25,000 shares of the company’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 value of $1,128,500.00. Following the sale, the chief financial officer directly owned 100,188 shares in the company, valued at $4,522,486.32. This represents a 19.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP George Kao sold 40,000 shares of the stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $43.88, for a total value of $1,755,200.00. Following the transaction, the senior vice president owned 21,820 shares in the company, valued at $957,461.60. The trade was a 64.70% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 90,000 shares of company stock worth $3,890,950 over the last quarter. 16.30% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Bank of America assumed coverage on Super Micro Computer in a research report on Wednesday, July 9th. They issued an “underperform” rating and a $35.00 target price on the stock. Needham & Company LLC lifted their target price on Super Micro Computer from $39.00 to $60.00 and gave the company a “buy” rating in a research report on Wednesday, August 6th. Wedbush reiterated a “neutral” rating and issued a $30.00 target price on shares of Super Micro Computer in a research report on Monday, August 4th. Barclays increased their price target on Super Micro Computer from $29.00 to $45.00 and gave the company an “equal weight” rating in a research note on Thursday, August 7th. Finally, Wall Street Zen raised Super Micro Computer from a “sell” rating to a “hold” rating in a report on Saturday, October 18th. 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’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $47.57.

Super Micro Computer Company Profile

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.