Cigna Investments Inc. New Takes Position in Super Micro Computer, Inc. $SMCI

Cigna Investments Inc. New acquired a new position in Super Micro Computer, Inc. (NASDAQ:SMCI) during the second quarter, Holdings Channel reports. The institutional investor acquired 5,148 shares of the company’s stock, valued at approximately $253,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its holdings in Super Micro Computer by 3.9% in the 1st quarter. Vanguard Group Inc. now owns 64,407,769 shares of the company’s stock valued at $2,205,322,000 after buying an additional 2,415,276 shares during the last quarter. Nuveen LLC bought a new stake in shares of Super Micro Computer in the first quarter valued at approximately $53,031,000. Analog Century Management LP acquired a new stake in shares of Super Micro Computer in the first quarter worth $32,284,000. California State Teachers Retirement System increased its position in Super Micro Computer by 916.9% during the fourth quarter. California State Teachers Retirement System now owns 872,355 shares of the company’s stock worth $26,589,000 after acquiring an additional 786,568 shares during the period. Finally, American Century Companies Inc. increased its position in Super Micro Computer by 434.0% during the first quarter. American Century Companies Inc. now owns 859,821 shares of the company’s stock worth $29,440,000 after acquiring an additional 698,814 shares during the period. Institutional investors own 84.06% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on SMCI shares. The Goldman Sachs Group increased their price target on shares of Super Micro Computer from $24.00 to $27.00 and gave the company a “sell” rating in a report on Wednesday, August 6th. Needham & Company LLC upped their price objective on shares of Super Micro Computer from $39.00 to $60.00 and gave the company a “buy” rating in a research report on Wednesday, August 6th. Sanford C. Bernstein raised Super Micro Computer to a “hold” rating in a research report on Tuesday, September 16th. Citigroup restated a “neutral” rating and set a $52.00 price target (up from $37.00) on shares of Super Micro Computer in a research note on Friday, July 11th. Finally, Raymond James Financial assumed coverage on Super Micro Computer in a report on Wednesday, June 25th. They issued an “outperform” rating for the company. One 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 issued a Sell rating to the company. According to MarketBeat.com, Super Micro Computer currently has an average rating of “Hold” and a consensus target price of $45.36.

Insider Buying and Selling

In other Super Micro Computer news, CEO Charles Liang sold 200,000 shares of the company’s stock in a transaction on Monday, July 28th. The stock was sold at an average price of $60.00, for a total value of $12,000,000.00. Following the sale, the chief executive officer directly owned 40,426,120 shares in the company, valued at $2,425,567,200. This represents a 0.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Liang Chiu-Chu Sara Liu sold 200,000 shares of the stock in a transaction on Monday, July 28th. The stock was sold at an average price of $60.00, for a total value of $12,000,000.00. Following the transaction, the director owned 40,426,120 shares of the company’s stock, valued at $2,425,567,200. This represents a 0.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 490,000 shares of company stock worth $27,890,950 in the last quarter. Corporate insiders own 16.30% of the company’s stock.

Super Micro Computer Stock Performance

NASDAQ SMCI opened at $46.24 on Friday. Super Micro Computer, Inc. has a twelve month low of $17.25 and a twelve month high of $66.44. The company has a quick ratio of 3.25, a current ratio of 5.25 and a debt-to-equity ratio of 0.74. The stock has a market cap of $27.48 billion, a P/E ratio of 27.86, a PEG ratio of 1.15 and a beta of 1.56. The company’s 50-day simple moving average is $47.16 and its 200 day simple moving average is $42.54.

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

About Super Micro Computer

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.