International Assets Investment Management LLC increased its position in shares of Super Micro Computer, Inc. (NASDAQ:SMCI – Free Report) by 18.3% during the second quarter, Holdings Channel.com reports. The institutional investor owned 31,675 shares of the company’s stock after purchasing an additional 4,906 shares during the period. International Assets Investment Management LLC’s holdings in Super Micro Computer were worth $1,552,000 as of its most recent SEC filing.
Other institutional investors have also added to or reduced their stakes in the company. Eastern Bank acquired a new position in Super Micro Computer during the first quarter worth $29,000. Beaird Harris Wealth Management LLC acquired a new position in Super Micro Computer during the first quarter worth $34,000. IMG Wealth Management Inc. increased its holdings in Super Micro Computer by 90.7% during the first quarter. IMG Wealth Management Inc. now owns 1,051 shares of the company’s stock worth $36,000 after buying an additional 500 shares during the last quarter. Advisors Asset Management Inc. acquired a new position in Super Micro Computer during the first quarter worth $39,000. Finally, TD Private Client Wealth LLC increased its holdings in 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 buying an additional 252 shares during the last quarter. 84.06% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at Super Micro Computer
In related news, CFO David E. Weigand sold 25,000 shares of the company’s stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $45.14, for a total value of $1,128,500.00. Following the transaction, the chief financial officer directly owned 100,188 shares in the company, valued at approximately $4,522,486.32. This represents a 19.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Liang Chiu-Chu Sara Liu sold 200,000 shares of the company’s stock in a transaction dated Monday, July 28th. The shares were sold at an average price of $60.00, for a total transaction of $12,000,000.00. Following the completion of the transaction, the director owned 40,426,120 shares in the company, valued at $2,425,567,200. This trade represents a 0.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 490,000 shares of company stock valued at $27,890,950. 16.30% of the stock is currently owned by insiders.
Super Micro Computer Trading Down 3.1%
Super Micro Computer (NASDAQ:SMCI – Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The company reported $0.41 EPS for the quarter, missing the consensus estimate 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 business had revenue of $5.76 billion during the quarter, compared to analyst estimates of $5.88 billion. During the same quarter last year, the company posted $6.25 earnings per share. The company’s revenue was up 8.5% on a year-over-year basis. Super Micro Computer has set its Q1 2026 guidance at 0.400-0.520 EPS. FY 2026 guidance at EPS. As a group, sell-side analysts anticipate that Super Micro Computer, Inc. will post 1.86 earnings per share for the current year.
Analysts Set New Price Targets
A number of brokerages recently weighed in on SMCI. Needham & Company LLC boosted their target price on shares of Super Micro Computer from $39.00 to $60.00 and gave the stock a “buy” rating in a report on Wednesday, August 6th. Citigroup reiterated a “neutral” rating and issued a $52.00 price objective (up from $37.00) on shares of Super Micro Computer in a report on Friday, July 11th. Raymond James Financial assumed coverage on shares of Super Micro Computer in a report on Wednesday, June 25th. They issued an “outperform” rating on the stock. Bank of America assumed coverage on shares of Super Micro Computer in a report on Wednesday, July 9th. They issued an “underperform” rating and a $35.00 price objective on the stock. Finally, Sanford C. Bernstein upgraded shares of Super Micro Computer to a “hold” rating in a report on Tuesday, September 16th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Super Micro Computer presently has an average rating of “Hold” and a consensus price target of $45.36.
Check Out Our Latest Report on SMCI
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.
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