Super Micro Computer, Inc. $SMCI Stock Holdings Cut by Cibc World Market Inc.

Cibc World Market Inc. reduced its position in shares of Super Micro Computer, Inc. (NASDAQ:SMCI) by 46.2% in the fourth quarter, HoldingsChannel.com reports. The firm owned 95,889 shares of the company’s stock after selling 82,199 shares during the period. Cibc World Market Inc.’s holdings in Super Micro Computer were worth $2,807,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Flagship Harbor Advisors LLC bought a new position in Super Micro Computer during the 4th quarter valued at $25,000. Elyxium Wealth LLC bought a new position in Super Micro Computer during the 4th quarter valued at $26,000. Concord Wealth Partners boosted its stake in Super Micro Computer by 2,564.1% during the 4th quarter. Concord Wealth Partners now owns 1,039 shares of the company’s stock valued at $30,000 after purchasing an additional 1,000 shares in the last quarter. Aventura Private Wealth LLC bought a new position in Super Micro Computer during the 4th quarter valued at $35,000. Finally, Torren Management LLC bought a new position in Super Micro Computer during the 4th quarter valued at $38,000. 84.06% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have issued reports on SMCI. Wall Street Zen raised Super Micro Computer from a “sell” rating to a “hold” rating in a research note on Sunday, February 15th. Northland Securities increased their price target on Super Micro Computer from $22.00 to $34.00 in a research note on Wednesday, May 6th. CJS Securities upgraded Super Micro Computer from a “market underperform” rating to a “market perform” rating in a research report on Wednesday, May 6th. JPMorgan Chase & Co. increased their price objective on Super Micro Computer from $28.00 to $32.00 and gave the company a “neutral” rating in a research report on Wednesday, May 6th. Finally, Wedbush cut their price objective on Super Micro Computer from $42.00 to $34.00 and set a “neutral” rating for the company in a research report on Wednesday, May 6th. 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 stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $39.00.

Super Micro Computer Price Performance

Shares of NASDAQ:SMCI opened at $43.99 on Tuesday. Super Micro Computer, Inc. has a one year low of $19.48 and a one year high of $62.36. The stock has a fifty day moving average of $31.46 and a 200-day moving average of $31.19. The company has a market capitalization of $26.46 billion, a PE ratio of 23.28, a price-to-earnings-growth ratio of 0.69 and a beta of 1.86. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.29 and a current ratio of 2.66.

Super Micro Computer (NASDAQ:SMCI) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $0.84 EPS for the quarter, beating analysts’ consensus estimates of $0.63 by $0.21. Super Micro Computer had a return on equity of 17.49% and a net margin of 3.70%.The company had revenue of $10.24 billion during the quarter, compared to the consensus estimate of $12.39 billion. During the same quarter in the prior year, the firm earned $0.31 EPS. The company’s quarterly revenue was up 122.7% compared to the same quarter last year. Super Micro Computer has set its Q4 2026 guidance at 0.650-0.790 EPS. As a group, equities analysts anticipate that Super Micro Computer, Inc. will post 2.12 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.