Canada Pension Plan Investment Board Trims Position in Super Micro Computer, Inc. $SMCI

Key Points

• The Canada Pension Plan Investment Board significantly reduced its stake in Super Micro Computer, Inc. by 71.3%, holding approximately $6.02 million after selling more than 437,000 shares.
• Super Micro Computer's stock price recently traded at $40.10, with fluctuations noted from a fifty-two week low of $17.25 to a high of $66.44.
• Analysts have mixed ratings on the stock, with a consensus target price of $45.31 and a variety of ratings ranging from "Strong Buy" to "Sell."

Canada Pension Plan Investment Board decreased its stake in Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) by 71.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 175,711 shares of the company's stock after selling 437,202 shares during the period. Canada Pension Plan Investment Board's holdings in Super Micro Computer were worth $6,016,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. CreativeOne Wealth LLC increased its position in Super Micro Computer by 19.3% during the 1st quarter. CreativeOne Wealth LLC now owns 17,887 shares of the company's stock valued at $612,000 after purchasing an additional 2,895 shares during the period. Comerica Bank acquired a new stake in shares of Super Micro Computer during the first quarter worth $2,360,000. SVB Wealth LLC acquired a new stake in shares of Super Micro Computer during the first quarter worth $55,000. Smartleaf Asset Management LLC increased its position in shares of Super Micro Computer by 32.9% during the first quarter. Smartleaf Asset Management LLC now owns 1,590 shares of the company's stock worth $54,000 after buying an additional 394 shares during the period. Finally, Westwood Wealth Management acquired a new stake in Super Micro Computer during the 1st quarter worth about $1,459,000. Institutional investors and hedge funds own 84.06% of the company's stock.

Insider Transactions at Super Micro Computer

In other news, SVP George Kao sold 40,000 shares of Super Micro Computer stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $43.88, for a total transaction of $1,755,200.00. Following the sale, the senior vice president directly owned 21,820 shares in the company, valued at $957,461.60. The trade was a 64.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Charles Liang sold 200,000 shares of Super Micro Computer stock in a transaction dated 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 of the company's stock, valued at approximately $2,425,567,200. This trade represents a 0.49% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 1,040,000 shares of company stock worth $52,755,200 in the last ninety days. Company insiders own 16.30% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on SMCI. Northland Securities set a $59.00 price target on Super Micro Computer in a report on Wednesday, May 7th. Wedbush reaffirmed a "neutral" rating and set a $30.00 target price on shares of Super Micro Computer in a research note on Monday, August 4th. Zacks Research upgraded shares of Super Micro Computer to a "hold" rating in a research note on Monday, August 11th. Raymond James Financial started coverage on shares of Super Micro Computer in a research note on Wednesday, June 25th. They set an "outperform" rating on the stock. Finally, KGI Securities started coverage on shares of Super Micro Computer in a research note on Wednesday, May 7th. They set a "neutral" rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, eight have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Super Micro Computer has an average rating of "Hold" and a consensus target price of $45.31.

Super Micro Computer Stock Up 1.5%

Shares of NASDAQ SMCI traded up $0.60 during trading on Thursday, hitting $40.70. The stock had a trading volume of 22,437,449 shares, compared to its average volume of 53,733,066. Super Micro Computer, Inc. has a 12 month low of $17.25 and a 12 month high of $66.44. The company has a debt-to-equity ratio of 0.74, a current ratio of 5.25 and a quick ratio of 3.32. The company has a market capitalization of $24.19 billion, a PE ratio of 24.52, a PEG ratio of 1.04 and a beta of 1.56. The firm has a fifty day moving average of $48.83 and a two-hundred day moving average of $42.73.

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

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.