Procyon Advisors LLC Reduces Stake in Super Micro Computer, Inc. $SMCI

Procyon Advisors LLC decreased its holdings in shares of Super Micro Computer, Inc. (NASDAQ:SMCI) by 32.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,704 shares of the company’s stock after selling 4,567 shares during the quarter. Procyon Advisors LLC’s holdings in Super Micro Computer were worth $476,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in SMCI. Garde Capital Inc. lifted its position in shares of Super Micro Computer by 42.1% during the 2nd quarter. Garde Capital Inc. now owns 1,013 shares of the company’s stock worth $50,000 after buying an additional 300 shares during the last quarter. Allspring Global Investments Holdings LLC raised its stake in Super Micro Computer by 1.3% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 24,367 shares of the company’s stock worth $854,000 after acquiring an additional 302 shares in the last quarter. Fairscale Capital LLC raised its stake in Super Micro Computer by 13.3% during the 1st quarter. Fairscale Capital LLC now owns 2,698 shares of the company’s stock worth $92,000 after acquiring an additional 317 shares in the last quarter. Horizon Investments LLC lifted its position in Super Micro Computer by 5.2% in the first quarter. Horizon Investments LLC now owns 7,234 shares of the company’s stock valued at $248,000 after acquiring an additional 355 shares during the last quarter. Finally, Smartleaf Asset Management LLC boosted its stake in Super Micro Computer by 32.9% in the first quarter. Smartleaf Asset Management LLC now owns 1,590 shares of the company’s stock valued at $54,000 after acquiring an additional 394 shares in the last quarter. 84.06% of the stock is currently owned by hedge funds and other institutional investors.

Super Micro Computer Stock Up 2.3%

SMCI stock opened at $45.94 on Friday. 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 company’s 50-day moving average price is $47.68 and its 200 day moving average price is $42.25. Super Micro Computer, Inc. has a 52 week low of $17.25 and a 52 week high of $66.44. The company has a market cap of $27.30 billion, a P/E ratio of 27.67, a P/E/G ratio of 1.12 and a beta of 1.56.

Super Micro Computer (NASDAQ:SMCI) last posted its quarterly earnings results on Tuesday, August 5th. The company reported $0.41 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.03). The company had revenue of $5.76 billion for the quarter, compared to analyst estimates of $5.88 billion. Super Micro Computer had a net margin of 4.77% and a return on equity of 17.14%. Super Micro Computer’s revenue was up 8.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $6.25 earnings per share. Super Micro Computer has set its Q1 2026 guidance at 0.400-0.520 EPS. FY 2026 guidance at EPS. On average, research analysts expect that Super Micro Computer, Inc. will post 1.86 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently commented on the company. JPMorgan Chase & Co. cut their target price on Super Micro Computer from $46.00 to $45.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 6th. Zacks Research raised Super Micro Computer to a “hold” rating in a research report on Monday, August 11th. Bank of America began coverage on Super Micro Computer in a research note on Wednesday, July 9th. They issued an “underperform” rating and a $35.00 price objective for the company. Needham & Company LLC raised their target price on shares of Super Micro Computer from $39.00 to $60.00 and gave the stock a “buy” rating in a research report on Wednesday, August 6th. Finally, Sanford C. Bernstein upgraded shares of Super Micro Computer to a “hold” rating in a research report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, Super Micro Computer has a consensus rating of “Hold” and a consensus target price of $45.36.

Insider Transactions at Super Micro Computer

In other Super Micro Computer news, SVP George Kao sold 40,000 shares of the business’s stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $43.88, for a total transaction of $1,755,200.00. Following the sale, the senior vice president directly owned 21,820 shares in the company, valued at approximately $957,461.60. The trade was a 64.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Charles Liang sold 200,000 shares of the company’s stock in a transaction on Monday, July 28th. The shares were sold at an average price of $60.00, for a total value of $12,000,000.00. Following the completion of the sale, the chief executive officer directly owned 40,426,120 shares in the company, valued at $2,425,567,200. This trade represents a 0.49% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 490,000 shares of company stock valued at $27,890,950. Company insiders own 16.30% of the company’s stock.

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.