6,100 Shares in Super Micro Computer, Inc. $SMCI Acquired by McAlister Sweet & Associates Inc.

Key Points

• McAlister Sweet & Associates Inc. has acquired 6,100 shares of Super Micro Computer, Inc. ($SMCI), valued at approximately $299,000, making it the fund's 23rd largest position.
• Super Micro Computer reported a EPS of $0.41 for the last quarter, missing the consensus estimate of $0.44, while revenue increased by 8.5% year-over-year to $5.76 billion.
• Insider transactions saw SVP George Kao and CFO David E. Weigand selling a combined total of 65,000 shares, reflecting a significant reduction in their ownership stakes.

McAlister Sweet & Associates Inc. bought a new position in Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 6,100 shares of the company's stock, valued at approximately $299,000. Super Micro Computer makes up about 0.3% of McAlister Sweet & Associates Inc.'s investment portfolio, making the stock its 23rd biggest position.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Rowlandmiller & PARTNERS.ADV raised its holdings in shares of Super Micro Computer by 6.7% in the 2nd quarter. Rowlandmiller & PARTNERS.ADV now owns 91,213 shares of the company's stock worth $4,470,000 after purchasing an additional 5,688 shares in the last quarter. Inspire Investing LLC raised its holdings in shares of Super Micro Computer by 19.0% in the 1st quarter. Inspire Investing LLC now owns 74,395 shares of the company's stock worth $2,547,000 after purchasing an additional 11,864 shares in the last quarter. Strs Ohio bought a new stake in shares of Super Micro Computer in the 1st quarter worth approximately $3,424,000. Geneos Wealth Management Inc. raised its holdings in shares of Super Micro Computer by 15.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 7,917 shares of the company's stock worth $271,000 after purchasing an additional 1,045 shares in the last quarter. Finally, Integrity Alliance LLC. acquired a new stake in shares of Super Micro Computer during the first quarter valued at approximately $753,000. 84.06% of the stock is currently owned by institutional investors.

Super Micro Computer Stock Performance

Shares of SMCI opened at $45.00 on Friday. The company's 50 day moving average price is $47.99 and its 200 day moving average price is $42.18. Super Micro Computer, Inc. has a 52 week low of $17.25 and a 52 week high of $66.44. The company has a market capitalization of $26.74 billion, a PE ratio of 27.11, a PEG ratio of 1.10 and a beta of 1.56. The company has a debt-to-equity ratio of 0.74, a quick ratio of 3.25 and a current ratio of 5.25.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) last posted its 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). The business had revenue of $5.76 billion during the quarter, compared to the consensus estimate of $5.88 billion. Super Micro Computer had a return on equity of 17.14% and a net margin of 4.77%.The business's revenue was up 8.5% on a year-over-year basis. During the same period in the prior year, the firm earned $6.25 earnings per share. Super Micro Computer has set its Q1 2026 guidance at 0.400-0.520 EPS. FY 2026 guidance at EPS. Research analysts expect that Super Micro Computer, Inc. will post 1.86 EPS for the current fiscal year.

Insider Buying and Selling at Super Micro Computer

In other Super Micro Computer news, SVP George Kao sold 40,000 shares of the business's stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $43.88, for a total value of $1,755,200.00. Following the completion of the sale, the senior vice president directly owned 21,820 shares of the company's stock, valued at $957,461.60. The trade was a 64.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO David E. Weigand sold 25,000 shares of the business's stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $40.29, for a total transaction 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 $4,036,574.52. This represents a 19.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 1,065,000 shares of company stock valued at $53,762,450. 16.30% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

SMCI has been the topic of a number of recent analyst reports. Raymond James Financial initiated coverage on shares of Super Micro Computer in a report on Wednesday, June 25th. They set an "outperform" rating on the stock. Zacks Research upgraded shares of Super Micro Computer to a "hold" rating in a report on Monday, August 11th. Needham & Company LLC boosted their price target on shares of Super Micro Computer from $39.00 to $60.00 and gave the company a "buy" rating in a report on Wednesday, August 6th. JPMorgan Chase & Co. cut their price target on shares of Super Micro Computer from $46.00 to $45.00 and set a "neutral" rating on the stock in a report on Wednesday, August 6th. Finally, Citigroup restated a "neutral" rating and set a $52.00 price target (up previously from $37.00) on shares of Super Micro Computer in a report on Friday, July 11th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat, Super Micro Computer has a consensus rating of "Hold" and a consensus target price of $45.31.

Super Micro Computer Profile

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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