Super Micro Computer, Inc. $SMCI Stock Position Cut by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. decreased its holdings in shares of Super Micro Computer, Inc. (NASDAQ:SMCI) by 21.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 65,253 shares of the company’s stock after selling 17,802 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Super Micro Computer were worth $2,737,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in SMCI. Annex Advisory Services LLC bought a new stake in shares of Super Micro Computer during the 3rd quarter valued at approximately $10,282,000. SLT Holdings LLC increased its position in Super Micro Computer by 3.0% during the 3rd quarter. SLT Holdings LLC now owns 10,400 shares of the company’s stock worth $427,000 after purchasing an additional 300 shares in the last quarter. Mather Group LLC. increased its position in Super Micro Computer by 292.5% during the 3rd quarter. Mather Group LLC. now owns 13,424 shares of the company’s stock worth $551,000 after purchasing an additional 10,004 shares in the last quarter. Triumph Capital Management increased its position in Super Micro Computer by 21.5% during the 3rd quarter. Triumph Capital Management now owns 9,605 shares of the company’s stock worth $394,000 after purchasing an additional 1,700 shares in the last quarter. Finally, Krilogy Financial LLC lifted its stake in Super Micro Computer by 23.1% in the 3rd quarter. Krilogy Financial LLC now owns 15,709 shares of the company’s stock valued at $628,000 after purchasing an additional 2,950 shares during the last quarter. Institutional investors own 84.06% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Super Micro Computer in a research report on Monday, September 21st. Needham & Company LLC reaffirmed a “buy” rating and set a $46.00 target price on shares of Super Micro Computer in a research note on Wednesday, August 12th. The Goldman Sachs Group reaffirmed a “sell” rating and set a $34.00 target price (up from $30.00) on shares of Super Micro Computer in a research note on Wednesday, August 12th. Barclays set a $39.00 price target on shares of Super Micro Computer and gave the stock an “equal weight” rating in a report on Wednesday, August 12th. Finally, Zacks Research downgraded shares of Super Micro Computer from a “strong-buy” rating to a “hold” rating in a report on Monday, October 12th. Four research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $43.07.

Trending Headlines about Super Micro Computer

Here are the key news stories impacting Super Micro Computer this week:

• Positive Sentiment: Supermicro expects fiscal Q1 2027 revenue of $18.5 billion to $19.5 billion, well above its prior guidance of $14.5 billion to $15.5 billion and the roughly $14.94 billion analyst estimate. The sharp increase, attributed to stronger AI-platform demand, is the primary catalyst for the stock’s rise. Super Micro expects first-quarter revenue above estimates
• Positive Sentiment: The preliminary sales outlook suggests Supermicro is benefiting from continued spending on high-performance computing and AI data centers. The news also lifted other server makers, including Dell Technologies and Hewlett Packard Enterprise, in sympathy. Super Micro Computer Surges On Blowout Preliminary Revenue
• Positive Sentiment: Supermicro recently introduced Open Compute Project-based AI and high-performance-computing systems, racks, liquid-cooling equipment and networking hardware. The expanded portfolio could strengthen its position in dense, rack-scale AI deployments. The company also appointed Mark Long, formerly of Western Digital, as chief financial officer. Super Micro Computer Unveils OCP AI Systems And Names Mark Long CFO

Super Micro Computer Price Performance

SMCI stock opened at $32.47 on Wednesday. The company has a fifty day moving average price of $38.87 and a 200-day moving average price of $33.64. The company has a market capitalization of $21.33 billion, a P/E ratio of 10.15, a PEG ratio of 0.62 and a beta of 2.02. Super Micro Computer, Inc. has a 52-week low of $19.48 and a 52-week high of $55.35. The company has a debt-to-equity ratio of 0.65, a quick ratio of 2.07 and a current ratio of 3.87.

Super Micro Computer (NASDAQ:SMCI) last issued its quarterly earnings results on Tuesday, August 11th. The company reported $1.70 EPS for the quarter, topping analysts’ consensus estimates of $0.92 by $0.78. Super Micro Computer had a net margin of 5.71% and a return on equity of 27.83%. The company had revenue of $11.12 billion for the quarter, compared to analyst estimates of $11.60 billion. During the same quarter in the previous year, the business earned $0.31 earnings per share. Super Micro Computer’s revenue was up 93.2% compared to the same quarter last year. Super Micro Computer has set its Q1 2027 guidance at 1.010-1.100 EPS. As a group, equities analysts expect that Super Micro Computer, Inc. will post 3.94 EPS for the current year.

Insiders Place Their Bets

In other Super Micro Computer news, Director Chiu-Chu Liang sold 100,000 shares of Super Micro Computer stock in a transaction dated Wednesday, October 7th. The stock was sold at an average price of $45.02, for a total transaction of $4,502,000.00. Following the transaction, the director directly owned 337,506 shares of the company’s stock, valued at approximately $15,194,520.12. The trade was a 22.86% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Charles Liang sold 100,000 shares of Super Micro Computer stock in a transaction dated Wednesday, October 7th. The stock was sold at an average price of $45.02, for a total value of $4,502,000.00. Following the transaction, the chief executive officer directly owned 337,506 shares in the company, valued at $15,194,520.12. The trade was a 22.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 400,000 shares of company stock valued at $16,442,000 over the last 90 days. 16.10% of the stock is currently owned by company insiders.

Super Micro Computer Profile

Super Micro Computer, Inc develops and sells high-performance server and storage systems for data centers, cloud computing, enterprise IT, telecommunications, and other demanding computing environments. The company offers application-optimized servers, workstations, blade and rack systems, storage solutions, networking products, and related infrastructure.

Supermicro also provides systems designed for artificial intelligence, machine learning, accelerated computing, and other workloads that use graphics processing units and specialized processors.