First Trust Advisors LP raised its position in Super Micro Computer, Inc. (NASDAQ:SMCI – Free Report) by 97.5% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 726,043 shares of the company’s stock after acquiring an additional 358,369 shares during the period. First Trust Advisors LP owned about 0.12% of Super Micro Computer worth $35,584,000 as of its most recent filing with the SEC.
Several other hedge funds also recently made changes to their positions in the business. Vanguard Group Inc. raised its holdings in shares of Super Micro Computer by 2.7% in the second quarter. Vanguard Group Inc. now owns 66,152,948 shares of the company’s stock valued at $3,242,156,000 after purchasing an additional 1,745,179 shares during the last quarter. Geode Capital Management LLC grew its position in Super Micro Computer by 2.7% in the second quarter. Geode Capital Management LLC now owns 13,752,581 shares of the company’s stock valued at $671,316,000 after purchasing an additional 364,411 shares in the last quarter. Invesco Ltd. increased its stake in Super Micro Computer by 31.6% in the 2nd quarter. Invesco Ltd. now owns 8,639,784 shares of the company’s stock valued at $423,436,000 after buying an additional 2,073,978 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in Super Micro Computer by 5.3% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 3,971,739 shares of the company’s stock worth $194,655,000 after buying an additional 200,109 shares in the last quarter. Finally, Norges Bank bought a new stake in Super Micro Computer during the 2nd quarter worth about $150,395,000. 84.06% of the stock is owned by institutional investors.
Insider Transactions at Super Micro Computer
In other Super Micro Computer news, CFO David E. Weigand sold 25,000 shares of the company’s stock in a transaction 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 transaction, the chief financial officer directly owned 100,188 shares of the company’s stock, valued at $4,522,486.32. This represents a 19.97% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 16.30% of the stock is owned by company insiders.
Super Micro Computer Stock Down 1.0%
Super Micro Computer (NASDAQ:SMCI – Get Free Report) last issued its quarterly earnings data on Tuesday, November 4th. The company reported $0.35 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.11). Super Micro Computer had a return on equity of 12.70% and a net margin of 3.77%.The firm had revenue of $5.02 billion for the quarter, compared to the consensus estimate of $6.48 billion. During the same quarter in the prior year, the firm earned $0.73 EPS. The company’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. As a group, analysts expect that Super Micro Computer, Inc. will post 1.86 EPS for the current year.
Analyst Upgrades and Downgrades
A number of research firms recently issued reports on SMCI. Wedbush lowered their target price on Super Micro Computer from $48.00 to $42.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 5th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Super Micro Computer in a research report on Monday, December 1st. JPMorgan Chase & Co. dropped their price objective on Super Micro Computer from $43.00 to $40.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 5th. Mizuho decreased their target price on shares of Super Micro Computer from $50.00 to $45.00 and set a “neutral” rating for the company in a research note on Wednesday, November 5th. Finally, Raymond James Financial lowered their target price 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. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $48.38.
Get Our Latest Analysis on Super Micro Computer
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.
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