66,015 Shares in Super Micro Computer, Inc. $SMCI Acquired by Quantitative Investment Management LLC

Key Points

• Quantitative Investment Management LLC acquired 66,015 shares of Super Micro Computer worth approximately $1.94 million during the second quarter. Institutional investors collectively own 84.06% of SMCI.
• Analyst sentiment remains mixed, with a consensus rating of “Hold” and an average price target of $42.13; targets range from $32 to $46.
• Super Micro Computer reported quarterly EPS of $1.70, well above the $0.92 consensus estimate, while revenue rose 93.2% year over year to $11.12 billion but fell short of expectations.

Quantitative Investment Management LLC bought a new stake in Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm bought 66,015 shares of the company's stock, valued at approximately $1,936,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. New Mexico Educational Retirement Board grew its stake in shares of Super Micro Computer by 10.1% during the second quarter. New Mexico Educational Retirement Board now owns 25,100 shares of the company's stock worth $736,000 after buying an additional 2,300 shares during the last quarter. Mufg Securities Americas Inc. raised its holdings in Super Micro Computer by 21.8% in the 2nd quarter. Mufg Securities Americas Inc. now owns 16,951 shares of the company's stock valued at $497,000 after buying an additional 3,029 shares during the last quarter. Livforsakringsbolaget Skandia Omsesidigt acquired a new stake in Super Micro Computer during the 2nd quarter worth approximately $110,000. Public Employees Retirement System of Ohio acquired a new stake in Super Micro Computer during the 2nd quarter worth approximately $4,658,000. Finally, Great Lakes Advisors LLC bought a new stake in Super Micro Computer during the 2nd quarter worth approximately $391,000. 84.06% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on SMCI shares. JPMorgan Chase & Co. raised their price target on shares of Super Micro Computer from $28.00 to $32.00 and gave the company a "neutral" rating in a research note on Wednesday, May 6th. CJS Securities raised shares of Super Micro Computer from a "market underperform" rating to a "market perform" rating in a research note on Wednesday, May 6th. The Goldman Sachs Group restated a "sell" rating and issued a $34.00 price objective (up from $30.00) on shares of Super Micro Computer in a report on Wednesday, August 12th. Stifel Nicolaus set a $42.00 target price on Super Micro Computer in a research report on Wednesday, August 12th. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $46.00 target price on shares of Super Micro Computer in a report on Wednesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $42.13.

Super Micro Computer Price Performance

SMCI stock opened at $37.28 on Tuesday. The company has a quick ratio of 2.07, a current ratio of 3.87 and a debt-to-equity ratio of 0.65. The firm has a market cap of $22.42 billion, a price-to-earnings ratio of 11.65, a PEG ratio of 0.81 and a beta of 1.95. The company's fifty day simple moving average is $31.17 and its 200 day simple moving average is $31.04. Super Micro Computer, Inc. has a 12-month low of $19.48 and a 12-month high of $58.78.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) last issued its quarterly earnings results on Tuesday, August 11th. The company reported $1.70 earnings per share for the quarter, topping analysts' consensus estimates of $0.92 by $0.78. The firm had revenue of $11.12 billion during the quarter, compared to the consensus estimate of $11.60 billion. Super Micro Computer had a return on equity of 27.83% and a net margin of 5.71%.The business's revenue was up 93.2% compared to the same quarter last year. During the same period last year, the business posted $0.31 EPS. Super Micro Computer has set its Q1 2027 guidance at 1.010-1.100 EPS. On average, analysts expect that Super Micro Computer, Inc. will post 4.04 earnings per share for the current year.

Super Micro Computer Profile

Super Micro Computer, Inc (Supermicro) is a technology company that designs, develops and manufactures high-performance server, storage and networking solutions for enterprise, cloud, data center, high performance computing (HPC) and edge computing customers. The company's product portfolio includes rackmount and blade servers, storage subsystems, motherboards, chassis, power supplies and networking components, with an emphasis on high-density, energy-efficient configurations and platforms optimized for GPU-accelerated workloads and artificial intelligence applications.

Headquartered in San Jose, California, Supermicro combines in-house engineering with a global manufacturing and distribution footprint to deliver configurable, application-specific systems.

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