Cavalier Investments LLC Acquires New Shares in Super Micro Computer, Inc. $SMCI

Key Points

• Cavalier Investments LLC has acquired 50,100 shares of Super Micro Computer, Inc. ($SMCI), valued at approximately $2.45 million, during the second quarter.
• Analysts have varied price targets for SMCI, with Needham & Company raising their target from $39 to $60, and JPMorgan lowering theirs from $46 to $45, indicating mixed sentiment among brokerages.
• Recent transactions revealed that insiders, including the CEO and a director, sold a combined total of 490,000 shares, valued at nearly $28 million, which may influence market perception of the stock.

Cavalier Investments LLC acquired a new stake in shares of Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 50,100 shares of the company's stock, valued at approximately $2,455,000.

Several other institutional investors also recently modified their holdings of the business. Securian Asset Management Inc. boosted its position in shares of Super Micro Computer by 0.9% during the second quarter. Securian Asset Management Inc. now owns 26,834 shares of the company's stock valued at $1,315,000 after buying an additional 246 shares during the last quarter. Phoenix Financial Ltd. purchased a new stake in shares of Super Micro Computer during the second quarter valued at $234,000. Bogart Wealth LLC boosted its position in shares of Super Micro Computer by 18.9% during the second quarter. Bogart Wealth LLC now owns 5,976 shares of the company's stock valued at $293,000 after buying an additional 951 shares during the last quarter. Fiduciary Planning LLC purchased a new stake in shares of Super Micro Computer during the second quarter valued at $255,000. Finally, International Assets Investment Management LLC boosted its position in shares of Super Micro Computer by 18.3% during the second quarter. International Assets Investment Management LLC now owns 31,675 shares of the company's stock valued at $1,552,000 after buying an additional 4,906 shares during the last quarter. 84.06% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have issued reports on SMCI. JPMorgan Chase & Co. dropped their target price on Super Micro Computer from $46.00 to $45.00 and set a "neutral" rating on the stock in a research report on Wednesday, August 6th. Needham & Company LLC raised their target price on Super Micro Computer from $39.00 to $60.00 and gave the stock a "buy" rating in a research report on Wednesday, August 6th. Mizuho raised their target price on Super Micro Computer from $40.00 to $47.00 and gave the stock a "neutral" rating in a research report on Thursday, July 3rd. Raymond James Financial started coverage on Super Micro Computer in a research report on Wednesday, June 25th. They issued an "outperform" rating on the stock. Finally, Wall Street Zen raised Super Micro Computer from a "sell" rating to a "hold" rating in a research report on Saturday. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat, Super Micro Computer presently has a consensus rating of "Hold" and an average price target of $45.36.

Super Micro Computer Stock Down 0.4%

Shares of SMCI opened at $54.82 on Wednesday. The business's 50 day moving average is $47.20 and its 200 day moving average is $44.45. The company has a market capitalization of $32.58 billion, a PE ratio of 33.02, a price-to-earnings-growth ratio of 1.37 and a beta of 1.55. Super Micro Computer, Inc. has a 12-month low of $17.25 and a 12-month high of $66.44. The company has a current ratio of 5.25, a quick ratio of 3.25 and a debt-to-equity ratio of 0.74.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) last issued its earnings results on Tuesday, August 5th. The company reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate 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 net margin of 4.77% and a return on equity of 17.14%. The firm's revenue for the quarter was up 8.5% compared to the same quarter last year. During the same period last year, the business posted $6.25 EPS. Super Micro Computer has set its Q1 2026 guidance at 0.400-0.520 EPS. FY 2026 guidance at EPS. Research analysts expect that Super Micro Computer, Inc. will post 1.86 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Super Micro Computer news, Director Liang Chiu-Chu Sara Liu sold 200,000 shares of Super Micro Computer 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 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 position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Charles Liang sold 200,000 shares of Super Micro Computer 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. The trade was a 0.49% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 490,000 shares of company stock worth $27,890,950 over the last quarter. Company insiders own 16.30% of the company's stock.

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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