Centric Wealth Management Takes Position in Super Micro Computer, Inc. $SMCI

Centric Wealth Management bought a new position in Super Micro Computer, Inc. (NASDAQ:SMCIFree Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 53,005 shares of the company’s stock, valued at approximately $1,575,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its position in Super Micro Computer by 4.1% during the 3rd quarter. Vanguard Group Inc. now owns 68,848,777 shares of the company’s stock worth $3,300,610,000 after buying an additional 2,695,829 shares in the last quarter. Disciplined Growth Investors Inc. MN lifted its position in Super Micro Computer by 16.5% during the 2nd quarter. Disciplined Growth Investors Inc. MN now owns 9,730,773 shares of the company’s stock valued at $476,905,000 after purchasing an additional 1,381,046 shares during the period. Legal & General Group Plc lifted its position in Super Micro Computer by 5.2% during the 3rd quarter. Legal & General Group Plc now owns 3,892,849 shares of the company’s stock valued at $186,623,000 after purchasing an additional 192,714 shares during the period. Clear Street Group Inc. acquired a new position in Super Micro Computer during the 3rd quarter valued at about $147,631,000. Finally, Dimensional Fund Advisors LP lifted its position in Super Micro Computer by 833.8% during the 3rd quarter. Dimensional Fund Advisors LP now owns 2,939,536 shares of the company’s stock valued at $140,882,000 after purchasing an additional 2,624,746 shares during the period. Institutional investors and hedge funds own 84.06% of the company’s stock.

Super Micro Computer Stock Performance

NASDAQ SMCI opened at $35.37 on Monday. The stock has a 50 day moving average of $27.70 and a 200-day moving average of $32.31. Super Micro Computer, Inc. has a 12 month low of $19.48 and a 12 month high of $62.36. The company has a market cap of $21.19 billion, a PE ratio of 18.71, a PEG ratio of 0.65 and a beta of 1.69. The company has a current ratio of 2.66, a quick ratio of 1.29 and a debt-to-equity ratio of 0.88.

Super Micro Computer (NASDAQ:SMCIGet Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.21. The business had revenue of $10.24 billion during the quarter, compared to the consensus estimate of $12.39 billion. Super Micro Computer had a return on equity of 17.49% and a net margin of 3.70%.The company’s quarterly revenue was up 122.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.31 EPS. Super Micro Computer has set its Q4 2026 guidance at 0.650-0.790 EPS. On average, equities research analysts anticipate that Super Micro Computer, Inc. will post 1.9 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have issued reports on SMCI shares. Needham & Company LLC restated a “buy” rating and set a $40.00 target price on shares of Super Micro Computer in a research report on Wednesday, May 6th. The Goldman Sachs Group restated a “sell” rating on shares of Super Micro Computer in a research report on Wednesday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Super Micro Computer in a research note on Friday, March 27th. Barclays lowered their price target on Super Micro Computer from $38.00 to $34.00 and set an “equal weight” rating for the company in a research note on Wednesday, May 6th. Finally, Mizuho set a $30.00 price target on Super Micro Computer in a research note on Wednesday. Four research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $38.00.

View Our Latest Analysis on SMCI

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Super Micro Computer Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Super Micro Computer (NASDAQ:SMCI)

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