Belpointe Asset Management LLC Buys Shares of 7,695 Super Micro Computer, Inc. $SMCI

Key Points

• Belpointe Asset Management LLC acquired 7,695 shares of Super Micro Computer, Inc. (NASDAQ:SMCI) valued at approximately $377,000 in the second quarter.
• Institutional investors, including Vanguard Group Inc. and Charles Schwab Investment Management Inc., have recently increased their holdings in Super Micro Computer, which is now owned by 84.06% of institutional investors.
• Super Micro Computer reported $0.41 earnings per share for its latest quarter, missing analyst expectations of $0.44 and showing an 8.5% year-over-year revenue growth.

Belpointe Asset Management LLC purchased a new stake in shares of Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 7,695 shares of the company's stock, valued at approximately $377,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Vanguard Group Inc. increased its position in shares of Super Micro Computer by 3.9% during the 1st quarter. Vanguard Group Inc. now owns 64,407,769 shares of the company's stock valued at $2,205,322,000 after purchasing an additional 2,415,276 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of 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 valued at $129,141,000 after purchasing an additional 120,496 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Super Micro Computer by 2.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,892,772 shares of the company's stock valued at $99,049,000 after purchasing an additional 76,776 shares during the last quarter. Price T Rowe Associates Inc. MD increased its position in shares of Super Micro Computer by 15.7% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,642,682 shares of the company's stock valued at $56,246,000 after purchasing an additional 223,427 shares during the last quarter. Finally, Nuveen LLC purchased a new stake in shares of Super Micro Computer during the 1st quarter valued at about $53,031,000. Hedge funds and other institutional investors own 84.06% of the company's stock.

Insider Buying and Selling at Super Micro Computer

In related news, CFO David E. Weigand sold 25,000 shares of the firm's stock in a transaction on Monday, September 15th. The shares were sold at an average price of $45.14, for a total value of $1,128,500.00. Following the completion of the transaction, the chief financial officer directly owned 100,188 shares of the company's stock, valued at approximately $4,522,486.32. This trade represents a 19.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP George Kao sold 40,000 shares of the firm's stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $43.88, for a total transaction of $1,755,200.00. Following the completion of the transaction, the senior vice president directly owned 21,820 shares of the company's stock, valued at approximately $957,461.60. This trade represents a 64.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 490,000 shares of company stock valued at $27,890,950. 16.30% of the stock is owned by company insiders.

Super Micro Computer Trading Down 8.8%

Shares of SMCI opened at $52.86 on Friday. The company has a debt-to-equity ratio of 0.74, a current ratio of 5.25 and a quick ratio of 3.25. Super Micro Computer, Inc. has a 1 year low of $17.25 and a 1 year high of $66.44. The company has a 50 day simple moving average of $46.55 and a two-hundred day simple moving average of $43.42. The firm has a market cap of $31.41 billion, a P/E ratio of 31.84, a price-to-earnings-growth ratio of 1.45 and a beta of 1.55.

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

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on SMCI shares. Wedbush reaffirmed a "neutral" rating and set a $30.00 price target on shares of Super Micro Computer in a research report on Monday, August 4th. Citigroup reissued a "neutral" rating and issued a $52.00 target price (up from $37.00) on shares of Super Micro Computer in a report on Friday, July 11th. Raymond James Financial assumed coverage on shares of Super Micro Computer in a report on Wednesday, June 25th. They issued an "outperform" rating for the company. Bank of America assumed coverage on shares of Super Micro Computer in a report on Wednesday, July 9th. They issued an "underperform" rating and a $35.00 target price for the company. Finally, Zacks Research raised shares of Super Micro Computer to a "hold" rating in a report on Monday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $45.36.

About Super Micro Computer

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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