Assenagon Asset Management S.A. Has $63.79 Million Stock Holdings in Super Micro Computer, Inc. $SMCI

Key Points

• Assenagon Asset Management increased its Super Micro Computer stake by 1,770.4% in the second quarter, buying 2.06 million additional shares to hold 2.17 million shares worth approximately $63.8 million. Institutional investors and hedge funds collectively own 84.06% of the stock.
• Wall Street maintains a cautious outlook, with a consensus “Hold” rating from 18 analysts and an average price target of $39.21. Ratings include four Buys, 12 Holds and two Sells.
• Super Micro’s AI infrastructure expansion and strong projected demand provide growth potential, but investors remain focused on margin pressure, delayed deployments and the company’s dependence on Nvidia. Shares opened at $31.13, while the company’s latest quarter delivered $0.84 in EPS and 122.7% year-over-year revenue growth.

Assenagon Asset Management S.A. boosted its holdings in shares of Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) by 1,770.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,174,863 shares of the company's stock after purchasing an additional 2,058,588 shares during the period. Assenagon Asset Management S.A. owned about 0.36% of Super Micro Computer worth $63,789,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Trust Asset Management LLC bought a new stake in Super Micro Computer in the second quarter valued at $164,000. CX Institutional lifted its holdings in shares of Super Micro Computer by 244.1% during the second quarter. CX Institutional now owns 20,043 shares of the company's stock valued at $588,000 after acquiring an additional 14,218 shares during the period. Pacer Advisors Inc. boosted its stake in shares of Super Micro Computer by 1.7% in the 1st quarter. Pacer Advisors Inc. now owns 101,611 shares of the company's stock valued at $2,314,000 after purchasing an additional 1,719 shares in the last quarter. Militia Capital Management LLC acquired a new stake in shares of Super Micro Computer in the 1st quarter valued at $488,000. Finally, NewEdge Advisors LLC grew its holdings in shares of Super Micro Computer by 6.3% in the 1st quarter. NewEdge Advisors LLC now owns 55,847 shares of the company's stock worth $1,272,000 after purchasing an additional 3,308 shares during the last quarter. 84.06% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on SMCI shares. Northland Securities set a $36.00 price target on shares of Super Micro Computer in a report on Wednesday, July 22nd. Citigroup reissued a "neutral" rating and issued a $33.00 target price (up from $31.00) on shares of Super Micro Computer in a report on Monday, July 13th. Weiss Ratings restated a "hold (c)" rating on shares of Super Micro Computer in a research report on Wednesday, June 24th. The Goldman Sachs Group reiterated a "sell" rating on shares of Super Micro Computer in a research report on Wednesday, May 6th. Finally, Wedbush reduced their price objective on Super Micro Computer from $42.00 to $34.00 and set a "neutral" rating on the stock in a research note on Wednesday, May 6th. Four research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Super Micro Computer currently has a consensus rating of "Hold" and an average target price of $39.21.

Super Micro Computer News Summary

Here are the key news stories impacting Super Micro Computer this week:

• Positive Sentiment: An analyst reiterated a Buy rating, citing strong fourth-quarter demand, a robust backlog, better pricing power and gross margins expected to outperform earlier forecasts. The company’s valuation is also near multiyear lows, potentially limiting downside if earnings meet expectations. Super Micro Computer Is A Bargain Heading Into Q4 Earnings
• Positive Sentiment: News highlighting Supermicro’s AI rack expansion and its AMD Instinct Coder role reinforced expectations that the company is broadening its AI infrastructure offerings beyond traditional configurations. Why Super Micro Is Up After AI Rack Expansion And AMD Instinct Coder Role
• Positive Sentiment: Supermicro’s Open Storage Summit will feature 21 ecosystem partners and focus on enterprise AI, inference, agentic AI and cloud storage, supporting the company’s positioning as a provider of complete AI and data-center systems. Supermicro’s Seventh Annual Open Storage Summit
• Positive Sentiment: A projected expansion of the global data-center solutions market to $1.33 trillion by 2031 provides a favorable long-term demand backdrop for Super Micro and other AI infrastructure suppliers. Data Center Solutions Market Forecast
• Neutral Sentiment: Wall Street is awaiting the Aug. 11 earnings report. Investors will assess whether AI infrastructure demand and delayed deployment conversions can offset concerns about margin pressure; revenue may come in near the low end of guidance. Super Micro Q4 Earnings Preview
• Negative Sentiment: Super Micro’s dependence on Nvidia remains a risk, particularly as major customers such as SpaceX reportedly plan to build AI infrastructure around Nvidia chips, potentially intensifying supplier concentration concerns. Super Micro’s Nvidia Dependence

Super Micro Computer Stock Performance

NASDAQ SMCI opened at $31.13 on Friday. The firm has a market capitalization of $18.72 billion, a P/E ratio of 16.47, a price-to-earnings-growth ratio of 0.35 and a beta of 1.95. The company has a current ratio of 2.66, a quick ratio of 1.29 and a debt-to-equity ratio of 0.88. The firm's fifty day moving average price is $31.26 and its two-hundred day moving average price is $30.46. Super Micro Computer, Inc. has a 1 year low of $19.48 and a 1 year high of $58.78.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $0.84 EPS for the quarter, topping analysts' consensus estimates of $0.63 by $0.21. Super Micro Computer had a return on equity of 17.49% and a net margin of 3.70%.The business had revenue of $10.24 billion during the quarter, compared to analysts' expectations of $12.39 billion. During the same quarter last year, the company posted $0.31 earnings per share. Super Micro Computer's quarterly revenue was up 122.7% on a year-over-year basis. As a group, research analysts anticipate that Super Micro Computer, Inc. will post 2.1 EPS 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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