Banco Bilbao Vizcaya Argentaria S.A. Cuts Stake in Super Micro Computer, Inc. $SMCI

Key Points

• Banco Bilbao Vizcaya Argentaria S.A. reduced its stake in Super Micro Computer by 68.8%, now owning 64,581 shares valued at $2,195,000 after selling 142,578 shares in the first quarter.
• Several institutional investors have adjusted their holdings, with Vanguard Group Inc. increasing its stake by 3.9%, now owning over 64 million shares valued at approximately $2.2 billion.
• Analyst ratings vary, with Barclays setting a price objective of $45.00 and Bank of America initiating coverage with a price target of $35.00, while the average target price stands at $44.75.

Banco Bilbao Vizcaya Argentaria S.A. lessened its holdings in Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) by 68.8% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 64,581 shares of the company's stock after selling 142,578 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in Super Micro Computer were worth $2,195,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. grew its stake in shares of Super Micro Computer by 3.9% during the first quarter. Vanguard Group Inc. now owns 64,407,769 shares of the company's stock valued at $2,205,322,000 after buying an additional 2,415,276 shares during the last quarter. Northern Trust Corp boosted its holdings in Super Micro Computer by 1,573.8% during the 4th quarter. Northern Trust Corp now owns 4,897,876 shares of the company's stock valued at $149,287,000 after acquiring an additional 4,605,260 shares during the period. Charles Schwab Investment Management Inc. grew its position in Super Micro Computer by 3.3% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 3,771,630 shares of the company's stock worth $129,141,000 after acquiring an additional 120,496 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Super Micro Computer by 6,368.8% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,815,996 shares of the company's stock worth $85,832,000 after purchasing an additional 2,772,464 shares during the period. Finally, Nuveen LLC bought a new stake in Super Micro Computer in the first quarter valued at approximately $53,031,000. 84.06% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. Barclays increased their price objective on Super Micro Computer from $29.00 to $45.00 and gave the company an "equal weight" rating in a research note on Thursday, August 7th. Bank of America began coverage on shares of Super Micro Computer in a research report on Wednesday, July 9th. They set an "underperform" rating and a $35.00 price target for the company. Northland Securities set a $59.00 price objective on shares of Super Micro Computer in a research report on Wednesday, May 7th. Zacks Research raised shares of Super Micro Computer to a "hold" rating in a research note on Monday, August 11th. Finally, Mizuho increased their price objective on Super Micro Computer from $40.00 to $47.00 and gave the stock a "neutral" rating in a report on Thursday, July 3rd. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Super Micro Computer presently has an average rating of "Hold" and an average target price of $44.75.

Insider Transactions at Super Micro Computer

In related news, Director Liang Chiu-Chu Sara Liu sold 200,000 shares of the business's stock in a transaction dated Monday, July 28th. The shares were sold at an average price of $60.00, for a total transaction of $12,000,000.00. Following the sale, the director owned 40,426,120 shares of the company's stock, valued at $2,425,567,200. The trade was a 0.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, 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 completion of the sale, the chief executive officer directly owned 40,426,120 shares in the company, valued at approximately $2,425,567,200. This represents a 0.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 1,000,000 shares of company stock worth $51,000,000 over the last ninety days. Insiders own 16.30% of the company's stock.

Super Micro Computer Price Performance

SMCI stock opened at $42.31 on Friday. The company has a debt-to-equity ratio of 0.74, a current ratio of 5.32 and a quick ratio of 3.32. Super Micro Computer, Inc. has a 1 year low of $17.25 and a 1 year high of $66.44. The firm has a 50-day moving average of $48.99 and a 200 day moving average of $42.43. The company has a market cap of $25.25 billion, a P/E ratio of 25.49, a PEG ratio of 1.06 and a beta of 1.46.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) last posted its earnings results on Tuesday, August 5th. The company reported $0.41 earnings per share for the quarter, missing analysts' consensus estimates of $0.44 by ($0.03). Super Micro Computer had a return on equity of 17.14% and a net margin of 4.77%.The firm had revenue of $5.76 billion for the quarter, compared to analysts' expectations of $5.88 billion. During the same quarter last year, the company posted $6.25 EPS. The firm's revenue was up 8.5% on a year-over-year basis. Super Micro Computer has set its Q1 2026 guidance at 0.400-0.520 EPS. FY 2026 guidance at EPS. On average, sell-side analysts forecast that Super Micro Computer, Inc. will post 1.86 EPS for the current year.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.