Adage Capital Partners GP L.L.C. Sells 10,900 Shares of Super Micro Computer, Inc. $SMCI

Adage Capital Partners GP L.L.C. reduced its position in Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) by 3.0% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 349,600 shares of the company's stock after selling 10,900 shares during the quarter. Adage Capital Partners GP L.L.C. owned approximately 0.06% of Super Micro Computer worth $11,970,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Eastern Bank bought a new stake in shares of Super Micro Computer in the 1st quarter valued at $29,000. Bernard Wealth Management Corp. acquired a new stake in shares of Super Micro Computer during the 4th quarter worth approximately $33,000. Central Pacific Bank Trust Division acquired a new position in shares of Super Micro Computer during the 1st quarter valued at $34,000. IMG Wealth Management Inc. lifted its position in shares of Super Micro Computer by 90.7% during the 1st 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. Finally, Versant Capital Management Inc lifted its position in shares of Super Micro Computer by 664.9% during the 1st quarter. Versant Capital Management Inc now owns 1,178 shares of the company's stock valued at $40,000 after acquiring an additional 1,024 shares during the period. 84.06% of the stock is owned by institutional investors.

Insider Activity

In other news, CEO Charles Liang sold 200,000 shares of the business'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 transaction, the chief executive officer owned 40,426,120 shares in the company, valued at $2,425,567,200. The trade was a 0.49% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP George Kao sold 40,000 shares of the business's stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $43.88, for a total value of $1,755,200.00. Following the completion of the transaction, the senior vice president owned 21,820 shares in the company, valued at $957,461.60. The trade was a 64.70% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 1,065,000 shares of company stock worth $53,762,450. Company insiders own 16.30% of the company's stock.

Analysts Set New Price Targets

SMCI has been the topic of a number of research reports. Zacks Research upgraded shares of Super Micro Computer to a "hold" rating in a research report on Monday, August 11th. The Goldman Sachs Group boosted their target price on shares of Super Micro Computer from $24.00 to $27.00 and gave the company a "sell" rating in a research report on Wednesday, August 6th. Mizuho boosted their target price on shares of Super Micro Computer from $40.00 to $47.00 and gave the company a "neutral" rating in a research report on Thursday, July 3rd. Bank of America initiated coverage on shares of Super Micro Computer in a research report on Wednesday, July 9th. They set an "underperform" rating and a $35.00 target price on the stock. Finally, JPMorgan Chase & Co. decreased their price objective on Super Micro Computer from $46.00 to $45.00 and set a "neutral" rating for the company in a report on Wednesday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eight have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $45.31.

Super Micro Computer Stock Performance

Shares of Super Micro Computer stock opened at $40.41 on Friday. The company has a market cap of $24.01 billion, a PE ratio of 24.34, a price-to-earnings-growth ratio of 1.01 and a beta of 1.56. Super Micro Computer, Inc. has a 52 week low of $17.25 and a 52 week high of $66.44. The business has a 50 day moving average price of $48.51 and a 200-day moving average price of $42.45. 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 announced 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 firm had revenue of $5.76 billion during the quarter, compared to analysts' expectations of $5.88 billion. Super Micro Computer had a net margin of 4.77% and a return on equity of 17.14%. The business's revenue for the quarter was up 8.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $6.25 EPS. Super Micro Computer has set its Q1 2026 guidance at 0.400-0.520 EPS. FY 2026 guidance at EPS. Equities analysts anticipate that Super Micro Computer, Inc. will post 1.86 earnings per share for the current fiscal year.

Super Micro Computer Company 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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