12,500 Shares in Super Micro Computer, Inc. $SMCI Bought by Murchinson Ltd.

Key Points

• Murchinson Ltd. acquired a new stake in Super Micro Computer, purchasing 12,500 shares valued at approximately $428,000 during the first quarter.
• Insiders have sold a significant number of shares recently, with Director Liang Chiu-Chu Sara Liu selling 200,000 shares for $12 million and CFO David E. Weigand selling 25,000 shares for over $1 million.
• Research analysts have varied views on SMCI, with target prices ranging from $30 to $60, and a consensus rating of "Hold" based on their performance and earnings reports.

Murchinson Ltd. bought a new stake in Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 12,500 shares of the company's stock, valued at approximately $428,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SMCI. Eastern Bank acquired a new position in Super Micro Computer in the first quarter valued at about $29,000. Bernard Wealth Management Corp. acquired a new position in Super Micro Computer in the fourth quarter valued at about $33,000. Central Pacific Bank Trust Division acquired a new position in Super Micro Computer in the first quarter valued at about $34,000. Beaird Harris Wealth Management LLC acquired a new position in Super Micro Computer in the first quarter valued at about $34,000. Finally, IMG Wealth Management Inc. grew its stake in Super Micro Computer by 90.7% in the first quarter. IMG Wealth Management Inc. now owns 1,051 shares of the company's stock valued at $36,000 after acquiring an additional 500 shares during the period. 84.06% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Liang Chiu-Chu Sara Liu sold 200,000 shares of the firm's stock in a transaction that occurred 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 completion of the sale, the director directly owned 40,426,120 shares of the company's stock, valued at $2,425,567,200. This trade represents a 0.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CFO David E. Weigand sold 25,000 shares of the firm's stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $40.29, for a total value of $1,007,250.00. Following the completion of the sale, the chief financial officer directly owned 100,188 shares of the company's stock, valued at approximately $4,036,574.52. The trade was a 19.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 1,065,000 shares of company stock valued at $53,762,450. Corporate insiders own 16.30% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on SMCI shares. Bank of America started coverage on Super Micro Computer in a research note on Wednesday, July 9th. They issued an "underperform" rating and a $35.00 target price for the company. Needham & Company LLC boosted their target price on Super Micro Computer from $39.00 to $60.00 and gave the company a "buy" rating in a research note on Wednesday, August 6th. Barclays boosted their target price on Super Micro Computer from $29.00 to $45.00 and gave the company an "equal weight" rating in a research note on Thursday, August 7th. Zacks Research upgraded Super Micro Computer to a "hold" rating in a report on Monday, August 11th. Finally, Wedbush reiterated a "neutral" rating and set a $30.00 price objective on shares of Super Micro Computer in a report on Monday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $45.31.

Super Micro Computer Stock Performance

SMCI opened at $40.41 on Friday. Super Micro Computer, Inc. has a 12-month low of $17.25 and a 12-month high of $66.44. The stock has a market cap of $24.01 billion, a price-to-earnings ratio of 24.34, a PEG ratio of 1.01 and a beta of 1.56. The business has a 50 day moving average of $48.51 and a 200-day moving average of $42.57. The company has a quick ratio of 3.25, a current ratio of 5.25 and a debt-to-equity ratio of 0.74.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) last released its quarterly earnings data 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). 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 period in the previous year, the business earned $6.25 earnings per share. The business's quarterly 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. On average, equities research analysts expect that Super Micro Computer, Inc. will post 1.86 earnings per share for the current 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.

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