First Trust Advisors LP increased its position in shares of Super Micro Computer, Inc. (NASDAQ:SMCI – Free Report) by 37.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,001,078 shares of the company’s stock after purchasing an additional 275,035 shares during the period. First Trust Advisors LP owned 0.17% of Super Micro Computer worth $47,992,000 at the end of the most recent quarter.
A number of other institutional investors have also recently added to or reduced their stakes in SMCI. Vanguard Group Inc. lifted its holdings in shares of Super Micro Computer by 2.7% during 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. Norges Bank purchased a new position in Super Micro Computer in the 2nd quarter worth about $150,395,000. Focus Financial Network Inc. increased its stake in Super Micro Computer by 4,042.2% in the 3rd quarter. Focus Financial Network Inc. now owns 264,688 shares of the company’s stock worth $12,689,000 after purchasing an additional 258,298 shares in the last quarter. BLKBRD Asset Management LP acquired a new stake in Super Micro Computer during the 2nd quarter worth about $9,486,000. Finally, Thames Capital Management LLC acquired a new stake in Super Micro Computer during the 2nd quarter worth about $12,760,000. 84.06% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
SMCI has been the subject of several recent analyst reports. Rosenblatt Securities reiterated a “buy” rating and issued a $55.00 target price on shares of Super Micro Computer in a report on Monday, February 2nd. Citigroup cut their price target on shares of Super Micro Computer from $48.00 to $39.00 and set a “neutral” rating on the stock in a report on Tuesday, January 20th. Sanford C. Bernstein reduced their price target on shares of Super Micro Computer from $42.00 to $37.00 and set a “market perform” rating for the company in a research report on Wednesday, February 4th. Barclays set a $38.00 price objective on shares of Super Micro Computer and gave the stock an “equal weight” rating in a research note on Wednesday, February 4th. Finally, Wall Street Zen raised shares of Super Micro Computer from a “sell” rating to a “hold” rating in a research note on Sunday, February 15th. Five equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $43.43.
Super Micro Computer Price Performance
SMCI opened at $31.79 on Thursday. The stock has a fifty day moving average price of $31.21 and a 200 day moving average price of $38.11. The company has a current ratio of 1.70, a quick ratio of 1.01 and a debt-to-equity ratio of 0.67. Super Micro Computer, Inc. has a 1 year low of $27.60 and a 1 year high of $62.36. The stock has a market cap of $19.04 billion, a price-to-earnings ratio of 23.72, a PEG ratio of 0.63 and a beta of 1.52.
Super Micro Computer (NASDAQ:SMCI – Get Free Report) last issued its earnings results on Tuesday, February 3rd. The company reported $0.69 earnings per share for the quarter, topping the consensus estimate of $0.49 by $0.20. Super Micro Computer had a return on equity of 13.22% and a net margin of 3.11%.The company had revenue of $12.68 billion for the quarter, compared to analyst estimates of $10.34 billion. During the same period in the prior year, the firm posted $0.59 EPS. The business’s revenue was up 123.4% compared to the same quarter last year. Super Micro Computer has set its Q3 2026 guidance at 0.600- EPS. Analysts forecast that Super Micro Computer, Inc. will post 1.86 EPS for the current fiscal year.
About Super Micro Computer
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.
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