Legal & General Group Plc Sells 244,287 Shares of Super Micro Computer, Inc. $SMCI

Legal & General Group Plc reduced its position in shares of Super Micro Computer, Inc. (NASDAQ:SMCI) by 6.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,700,135 shares of the company’s stock after selling 244,287 shares during the period. Legal & General Group Plc owned about 0.62% of Super Micro Computer worth $181,344,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the business. Anfield Capital Management LLC bought a new stake in Super Micro Computer during the 2nd quarter worth approximately $25,000. Eastern Bank bought a new position in shares of Super Micro Computer during the first quarter valued at $29,000. Beaird Harris Wealth Management LLC acquired a new position in shares of Super Micro Computer during the first quarter worth $34,000. TD Private Client Wealth LLC lifted its holdings 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 worth $39,000 after purchasing an additional 252 shares during the period. Finally, Orion Capital Management LLC bought a new stake in shares of Super Micro Computer in the second quarter worth $39,000. Institutional investors own 84.06% of the company’s stock.

Insider Transactions at Super Micro Computer

In other Super Micro Computer news, CFO David E. Weigand sold 25,000 shares of the firm’s 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 completion of the sale, the chief financial officer owned 100,188 shares of the company’s stock, valued at approximately $4,522,486.32. This trade represents a 19.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 16.30% of the company’s stock.

Super Micro Computer Trading Up 2.0%

NASDAQ:SMCI opened at $32.19 on Monday. Super Micro Computer, Inc. has a 12 month low of $25.71 and a 12 month high of $66.44. The company has a current ratio of 5.25, a quick ratio of 3.25 and a debt-to-equity ratio of 0.74. The stock has a market capitalization of $19.22 billion, a price-to-earnings ratio of 19.39, a PEG ratio of 1.30 and a beta of 1.50. The firm has a fifty day simple moving average of $47.00 and a two-hundred day simple moving average of $46.14.

Super Micro Computer (NASDAQ:SMCI) last released 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). 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 17.14% and a net margin of 4.77%.Super Micro Computer’s revenue for the quarter was down 15.5% compared to the same quarter last year. During the same period last year, the company earned $0.73 EPS. Super Micro Computer has set its Q2 2026 guidance at 0.460-0.540 EPS. FY 2026 guidance at EPS. Analysts expect that Super Micro Computer, Inc. will post 1.86 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on SMCI. Sanford C. Bernstein lowered their target price on Super Micro Computer from $46.00 to $42.00 and set a “market perform” rating for the company in a research report on Wednesday, November 5th. Wall Street Zen cut Super Micro Computer from a “hold” rating to a “sell” rating in a research note on Saturday, November 15th. Rosenblatt Securities cut their price objective on Super Micro Computer from $60.00 to $55.00 and set a “buy” rating on the stock in a research note on Wednesday, November 5th. Argus set a $64.00 target price on Super Micro Computer in a report on Thursday, November 6th. Finally, Barclays decreased their target price on shares of Super Micro Computer from $45.00 to $43.00 and set an “equal weight” rating for the company in a research report on Wednesday, November 5th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $48.38.

Super Micro Computer Company 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.