3,068,667 Shares in Super Micro Computer, Inc. $SMCI Purchased by Norges Bank

Key Points

• Norges Bank established a new stake in Super Micro Computer by buying 3,068,667 shares (~$150.4M), representing about 0.51% ownership.
• Analysts have trimmed price targets and ratings, leaving the consensus at "Hold" with an average price target of $48.38 (1 Strong Buy, 8 Buy, 7 Hold, 3 Sell).
• Super Micro's latest quarter missed expectations—EPS $0.35 vs. $0.46 expected and revenue $5.02B (down 15.5% YoY)—and the company guided Q2 FY2026 EPS to $0.460–$0.540.

Norges Bank purchased a new stake in Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 3,068,667 shares of the company's stock, valued at approximately $150,395,000. Norges Bank owned approximately 0.51% of Super Micro Computer as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Anfield Capital Management LLC bought a new position in shares of Super Micro Computer in the second quarter valued at approximately $25,000. Beaird Harris Wealth Management LLC bought a new position in Super Micro Computer during the 1st quarter valued at $34,000. TD Private Client Wealth LLC boosted its holdings in Super Micro Computer by 46.0% during the 2nd quarter. TD Private Client Wealth LLC now owns 800 shares of the company's stock worth $39,000 after acquiring an additional 252 shares during the last quarter. Orion Capital Management LLC bought a new stake in shares of Super Micro Computer in the 2nd quarter worth $39,000. Finally, Advisors Asset Management Inc. bought a new stake in shares of Super Micro Computer in the 1st quarter worth $39,000. 84.06% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts recently weighed in on SMCI shares. Raymond James Financial cut their price target on shares of Super Micro Computer from $53.00 to $50.00 and set an "outperform" rating on the stock in a report on Wednesday, November 5th. Sanford C. Bernstein cut their target price on Super Micro Computer from $46.00 to $42.00 and set a "market perform" rating on the stock in a research note on Wednesday, November 5th. The Goldman Sachs Group set a $34.00 price target on Super Micro Computer and gave the company a "sell" rating in a research report on Wednesday, November 5th. JPMorgan Chase & Co. dropped their price target on Super Micro Computer from $43.00 to $40.00 and set a "neutral" rating on the stock in a report on Wednesday, November 5th. Finally, Wedbush reduced their price objective on Super Micro Computer from $48.00 to $42.00 and set a "neutral" rating for the company in a research note on Wednesday, November 5th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $48.38.

Insiders Place Their Bets

In other news, CFO David E. Weigand sold 25,000 shares of the business's stock in a transaction that occurred on 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 sale, the chief financial officer owned 100,188 shares of the company's stock, valued at $4,522,486.32. The trade was a 19.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 16.30% of the stock is owned by corporate insiders.

Super Micro Computer Price Performance

Shares of NASDAQ SMCI opened at $32.92 on Wednesday. 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 stock has a fifty day simple moving average of $45.22 and a two-hundred day simple moving average of $45.86. Super Micro Computer, Inc. has a 1-year low of $25.71 and a 1-year high of $66.44. The firm has a market cap of $19.65 billion, a price-to-earnings ratio of 19.83, a price-to-earnings-growth ratio of 1.30 and a beta of 1.50.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) last issued its quarterly earnings results on Tuesday, November 4th. The company reported $0.35 EPS for the quarter, missing analysts' consensus estimates of $0.46 by ($0.11). Super Micro Computer had a net margin of 4.77% and a return on equity of 17.14%. The firm had revenue of $5.02 billion for the quarter, compared to analysts' expectations of $6.48 billion. During the same period in the prior year, the company earned $0.73 EPS. The firm's quarterly revenue was down 15.5% on a year-over-year basis. Super Micro Computer has set its Q2 2026 guidance at 0.460-0.540 EPS. Analysts anticipate 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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