Assenagon Asset Management S.A. Increases Stake in Super Micro Computer, Inc. $SMCI

Assenagon Asset Management S.A. grew its holdings in Super Micro Computer, Inc. (NASDAQ:SMCI) by 65.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 219,314 shares of the company’s stock after acquiring an additional 86,936 shares during the period. Assenagon Asset Management S.A.’s holdings in Super Micro Computer were worth $10,514,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of SMCI. Raymond James Financial Inc. increased its stake in shares of Super Micro Computer by 191.2% in the 1st quarter. Raymond James Financial Inc. now owns 735,249 shares of the company’s stock worth $25,175,000 after purchasing an additional 482,756 shares in the last quarter. Price T Rowe Associates Inc. MD grew its holdings in Super Micro Computer by 15.7% during the first quarter. Price T Rowe Associates Inc. MD now owns 1,642,682 shares of the company’s stock valued at $56,246,000 after purchasing an additional 223,427 shares during the period. Summit Financial LLC purchased a new stake in Super Micro Computer in the first quarter worth about $277,000. Norinchukin Bank The increased its position in Super Micro Computer by 15.3% in the first quarter. Norinchukin Bank The now owns 26,154 shares of the company’s stock worth $896,000 after buying an additional 3,462 shares in the last quarter. Finally, Compound Planning Inc. bought a new position in shares of Super Micro Computer in the first quarter worth about $244,000. Hedge funds and other institutional investors own 84.06% of the company’s stock.

Super Micro Computer Trading Up 5.9%

Shares of SMCI opened at $31.11 on Friday. The firm has a market cap of $18.57 billion, a P/E ratio of 24.89, a price-to-earnings-growth ratio of 0.64 and a beta of 1.52. The company has a debt-to-equity ratio of 0.72, a current ratio of 5.39 and a quick ratio of 2.95. Super Micro Computer, Inc. has a 1 year low of $25.71 and a 1 year high of $66.44. The company has a 50 day simple moving average of $40.40 and a two-hundred day simple moving average of $45.03.

Super Micro Computer (NASDAQ:SMCI) last issued its earnings results on Tuesday, November 4th. The company reported $0.35 earnings per share for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.11). The company had revenue of $5.02 billion for the quarter, compared to the consensus estimate of $6.48 billion. Super Micro Computer had a return on equity of 12.70% and a net margin of 3.77%.Super Micro Computer’s 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 EPS. Super Micro Computer has set its Q2 2026 guidance at 0.460-0.540 EPS. On average, equities analysts expect that Super Micro Computer, Inc. will post 1.86 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

SMCI has been the subject of a number of recent research reports. Northland Securities set a $63.00 price objective on Super Micro Computer in a research note on Wednesday, November 5th. Argus set a $64.00 price target on shares of Super Micro Computer in a report on Thursday, November 6th. Needham & Company LLC dropped their price target on shares of Super Micro Computer from $60.00 to $51.00 and set a “buy” rating for the company in a research report on Wednesday, November 5th. Wedbush reduced their price objective on shares of Super Micro Computer from $48.00 to $42.00 and set a “neutral” rating for the company in a research note on Wednesday, November 5th. Finally, JPMorgan Chase & Co. lowered their target price on shares of 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. Eight equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $48.38.

Super Micro Computer Profile

Super Micro Computer, Inc (Supermicro) is a technology company that designs, develops and manufactures high-performance server, storage and networking solutions for enterprise, cloud, data center, high performance computing (HPC) and edge computing customers. The company’s product portfolio includes rackmount and blade servers, storage subsystems, motherboards, chassis, power supplies and networking components, with an emphasis on high-density, energy-efficient configurations and platforms optimized for GPU-accelerated workloads and artificial intelligence applications.

Headquartered in San Jose, California, Supermicro combines in-house engineering with a global manufacturing and distribution footprint to deliver configurable, application-specific systems.