Avantax Advisory Services Inc. Buys 11,462 Shares of Super Micro Computer, Inc. $SMCI

Avantax Advisory Services Inc. raised its stake in shares of Super Micro Computer, Inc. (NASDAQ:SMCI) by 13.5% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 96,430 shares of the company’s stock after acquiring an additional 11,462 shares during the quarter. Avantax Advisory Services Inc.’s holdings in Super Micro Computer were worth $4,726,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in SMCI. Eastern Bank acquired a new stake in shares of Super Micro Computer during the 1st quarter worth about $29,000. Beaird Harris Wealth Management LLC acquired a new position in shares of Super Micro Computer during the first quarter worth approximately $34,000. TD Private Client Wealth LLC grew its stake in shares of Super Micro Computer by 46.0% during 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 during the last quarter. Orion Capital Management LLC bought a new stake in shares of Super Micro Computer during the second quarter valued at approximately $39,000. Finally, Advisors Asset Management Inc. acquired a new stake in shares of Super Micro Computer in the first quarter valued at approximately $39,000. Institutional investors and hedge funds own 84.06% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on SMCI shares. The Goldman Sachs Group set a $34.00 price objective on Super Micro Computer and gave the stock a “sell” rating in a report on Wednesday, November 5th. Raymond James Financial cut their price objective on shares of Super Micro Computer from $53.00 to $50.00 and set an “outperform” rating on the stock in a report on Wednesday, November 5th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Super Micro Computer in a research note on Monday. Needham & Company LLC cut their price target on shares of Super Micro Computer from $60.00 to $51.00 and set a “buy” rating on the stock in a research report on Wednesday, November 5th. Finally, JPMorgan Chase & Co. lowered their price target on Super Micro Computer from $43.00 to $40.00 and set a “neutral” rating for the company in a report on Wednesday, November 5th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, seven have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, Super Micro Computer has an average rating of “Hold” and a consensus price target of $48.38.

Super Micro Computer Stock Up 2.3%

NASDAQ:SMCI opened at $34.90 on Wednesday. The company has a quick ratio of 3.25, a current ratio of 5.25 and a debt-to-equity ratio of 0.74. The stock’s 50 day moving average price is $47.71 and its two-hundred day moving average price is $46.14. Super Micro Computer, Inc. has a twelve month low of $24.82 and a twelve month high of $66.44. The firm has a market capitalization of $20.83 billion, a price-to-earnings ratio of 21.02, a price-to-earnings-growth ratio of 1.30 and a beta of 1.50.

Super Micro Computer (NASDAQ:SMCI) last announced its quarterly earnings data on Tuesday, November 4th. The company reported $0.35 EPS for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.11). Super Micro Computer had a net margin of 4.77% and a return on equity of 17.14%. The firm had revenue of $5.02 billion during the quarter, compared to the consensus estimate of $6.48 billion. During the same period last year, the business earned $0.73 EPS. The business’s revenue was down 15.5% on a year-over-year basis. Super Micro Computer has set its Q2 2026 guidance at 0.460-0.540 EPS. FY 2026 guidance at EPS. Equities research analysts expect that Super Micro Computer, Inc. will post 1.86 earnings per share for the current fiscal year.

Insider Transactions at Super Micro Computer

In other Super Micro Computer news, SVP George Kao sold 40,000 shares of the stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $43.88, for a total value of $1,755,200.00. Following the transaction, the senior vice president directly owned 21,820 shares of the company’s stock, valued at $957,461.60. This represents a 64.70% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO David E. Weigand sold 25,000 shares of Super Micro Computer 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 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 is available in the SEC filing. In the last quarter, insiders sold 90,000 shares of company stock worth $3,890,950. 16.30% of the stock is owned by company insiders.

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.