Chapin Davis Inc. Invests $3.95 Million in Super Micro Computer, Inc. $SMCI

Key Points

• Chapin Davis Inc. has acquired 80,570 shares of Super Micro Computer, Inc. ($SMCI), valued at approximately $3.95 million, making it the firm's 25th largest position.
• Super Micro Computer's stock currently has a consensus rating of "Hold", with an average price target of $45.36 as set by various analysts.
• Recent insider activity includes CFO David E. Weigand selling 25,000 shares and CEO Charles Liang selling 200,000 shares, reflecting a decrease in ownership for both executives.

Chapin Davis Inc. acquired a new position in shares of Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 80,570 shares of the company's stock, valued at approximately $3,949,000. Super Micro Computer accounts for approximately 1.1% of Chapin Davis Inc.'s investment portfolio, making the stock its 25th biggest position.

Several other institutional investors and hedge funds have also recently bought and sold shares of SMCI. Quantinno Capital Management LP raised its stake in shares of Super Micro Computer by 3,294.5% during the fourth quarter. Quantinno Capital Management LP now owns 20,503 shares of the company's stock worth $625,000 after purchasing an additional 19,899 shares during the last quarter. Royal Bank of Canada grew its holdings in shares of Super Micro Computer by 597,348.0% during the fourth quarter. Royal Bank of Canada now owns 746,810 shares of the company's stock valued at $22,762,000 after buying an additional 746,685 shares in the last quarter. Two Sigma Investments LP acquired a new stake in shares of Super Micro Computer in the fourth quarter worth about $5,129,000. Woodline Partners LP acquired a new position in Super Micro Computer in the 4th quarter valued at approximately $922,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Super Micro Computer by 6,368.8% during 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 acquiring an additional 2,772,464 shares during the last quarter. 84.06% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, SVP George Kao sold 40,000 shares of the stock in a transaction dated 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 transaction, the senior vice president owned 21,820 shares of the company's stock, valued at approximately $957,461.60. This represents a 64.70% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO David E. Weigand sold 25,000 shares of Super Micro Computer 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 owned 100,188 shares of the company's stock, valued at approximately $4,522,486.32. The trade was a 19.97% decrease in their position. The disclosure for this sale can be found here. Insiders sold 490,000 shares of company stock valued at $27,890,950 over the last three months. Corporate insiders own 16.30% of the company's stock.

Super Micro Computer Price Performance

Shares of NASDAQ:SMCI traded up $1.06 during midday trading on Monday, hitting $46.87. 39,850,196 shares of the stock were exchanged, compared to its average volume of 24,379,914. The stock has a market cap of $27.85 billion, a P/E ratio of 28.23, a PEG ratio of 1.14 and a beta of 1.56. 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, Inc. has a twelve month low of $17.25 and a twelve month high of $66.44. The company has a 50 day moving average price of $47.56 and a 200-day moving average price of $42.42.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) last released its quarterly 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). 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 analyst estimates of $5.88 billion. During the same period last year, the firm earned $6.25 EPS. 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, research analysts forecast that Super Micro Computer, Inc. will post 1.86 earnings per share for the current year.

Analyst Upgrades and Downgrades

SMCI has been the subject of a number of research analyst reports. Needham & Company LLC boosted their price objective on Super Micro Computer from $39.00 to $60.00 and gave the stock a "buy" rating in a report on Wednesday, August 6th. Sanford C. Bernstein raised shares of Super Micro Computer to a "hold" rating in a research note on Tuesday, September 16th. Citigroup restated a "neutral" rating and set a $52.00 price objective (up previously from $37.00) on shares of Super Micro Computer in a research report on Friday, July 11th. Barclays raised their target price on shares of Super Micro Computer from $29.00 to $45.00 and gave the stock an "equal weight" rating in a report on Thursday, August 7th. Finally, Zacks Research raised shares of Super Micro Computer to a "hold" rating in a research report on Monday, August 11th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average price target 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.