American Century Companies Inc. reduced its stake in shares of Super Micro Computer, Inc. (NASDAQ:SMCI – Free Report) by 31.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 591,635 shares of the company’s stock after selling 268,186 shares during the quarter. American Century Companies Inc. owned about 0.10% of Super Micro Computer worth $28,996,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in SMCI. Stevens Capital Management LP purchased a new position in shares of Super Micro Computer in the 2nd quarter worth approximately $2,475,000. Mufg Securities Americas Inc. boosted its stake in Super Micro Computer by 27.6% during the second quarter. Mufg Securities Americas Inc. now owns 11,375 shares of the company’s stock worth $557,000 after buying an additional 2,461 shares during the period. Evelyn Partners Investment Management Services Ltd increased its position in Super Micro Computer by 2,950.0% during the second quarter. Evelyn Partners Investment Management Services Ltd now owns 3,050 shares of the company’s stock valued at $149,000 after acquiring an additional 2,950 shares during the last quarter. Journey Strategic Wealth LLC purchased a new stake in shares of Super Micro Computer in the second quarter valued at $322,000. Finally, MAI Capital Management lifted its holdings in shares of Super Micro Computer by 75.2% in the 2nd quarter. MAI Capital Management now owns 7,355 shares of the company’s stock worth $360,000 after acquiring an additional 3,158 shares during the last quarter. 84.06% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
SMCI has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. reduced their price objective on shares of Super Micro Computer from $43.00 to $40.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 5th. Sanford C. Bernstein cut their target price on Super Micro Computer from $46.00 to $42.00 and set a “market perform” rating on the stock in a research note on Wednesday, November 5th. Barclays reduced their price target on Super Micro Computer from $45.00 to $43.00 and set an “equal weight” rating on the stock in a report on Wednesday, November 5th. Wall Street Zen cut Super Micro Computer from a “hold” rating to a “sell” rating in a report on Saturday, November 15th. Finally, KGI Securities upgraded Super Micro Computer from a “neutral” rating to an “outperform” rating and set a $60.00 target price on the stock in a research note on Wednesday, November 5th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, seven have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $48.38.
Super Micro Computer Trading Up 3.4%
SMCI opened at $33.96 on Monday. 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 fifty day moving average is $45.77 and its two-hundred day moving average is $46.03. The company has a market capitalization of $20.27 billion, a P/E ratio of 20.46, a PEG ratio of 1.30 and a beta of 1.50. Super Micro Computer, Inc. has a 52 week low of $25.71 and a 52 week high of $66.44.
Super Micro Computer (NASDAQ:SMCI – Get Free Report) last issued its earnings results on Tuesday, November 4th. The company reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.46 by ($0.11). The firm had revenue of $5.02 billion during the quarter, compared to analysts’ expectations of $6.48 billion. Super Micro Computer had a return on equity of 17.14% and a net margin of 4.77%.Super Micro Computer’s quarterly revenue was down 15.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.73 earnings per share. Super Micro Computer has set its Q2 2026 guidance at 0.460-0.540 EPS. FY 2026 guidance at EPS. Analysts forecast that Super Micro Computer, Inc. will post 1.86 earnings per share for the current year.
Insider Activity at Super Micro Computer
In other news, CFO David E. Weigand sold 25,000 shares of the business’s stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $45.14, for a total value of $1,128,500.00. Following the completion of the sale, the chief financial officer owned 100,188 shares in the company, valued at approximately $4,522,486.32. The trade was a 19.97% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 16.30% of the company’s stock.
Super Micro Computer 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.
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