Clear Street Group Inc. Purchases Shares of 3,079,500 Super Micro Computer, Inc. $SMCI

Key Points

• Clear Street Group Inc. purchased a new stake of 3,079,500 shares of Super Micro Computer (NASDAQ:SMCI) valued at about $147.6 million, making it the fund's 12th largest position and representing roughly 0.52% ownership of SMCI.
• Institutional investors own 84.06% of SMCI; notable recent moves include Vanguard increasing its holding to 66,152,948 shares and Norges Bank buying a new stake worth about $150.4 million.
• Super Micro recently beat estimates with $0.69 EPS (vs. $0.49 expected) and revenue of $12.68 billion (up 123.4% year-over-year), while analysts' consensus is a "Hold" with a $43.43 price target.

Clear Street Group Inc. purchased a new stake in shares of Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) in the third quarter, according to its most recent 13F filing with the SEC. The fund purchased 3,079,500 shares of the company's stock, valued at approximately $147,631,000. Super Micro Computer makes up 0.5% of Clear Street Group Inc.'s investment portfolio, making the stock its 12th largest position. Clear Street Group Inc. owned approximately 0.52% of Super Micro Computer at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in SMCI. Vanguard Group Inc. grew its position in Super Micro Computer by 2.7% during the second quarter. Vanguard Group Inc. now owns 66,152,948 shares of the company's stock worth $3,242,156,000 after buying an additional 1,745,179 shares in the last quarter. Norges Bank purchased a new stake in shares of Super Micro Computer in the 2nd quarter valued at about $150,395,000. Focus Financial Network Inc. boosted its position in shares of Super Micro Computer by 4,042.2% during the 3rd quarter. Focus Financial Network Inc. now owns 264,688 shares of the company's stock valued at $12,689,000 after acquiring an additional 258,298 shares during the last quarter. BLKBRD Asset Management LP bought a new stake in shares of Super Micro Computer during the 2nd quarter valued at about $9,486,000. Finally, Thames Capital Management LLC purchased a new position in shares of Super Micro Computer during the second quarter worth about $12,760,000. Institutional investors own 84.06% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on SMCI. Mizuho set a $33.00 price objective on shares of Super Micro Computer in a research report on Wednesday, February 4th. Sanford C. Bernstein dropped their target price on shares of Super Micro Computer from $42.00 to $37.00 and set a "market perform" rating for the company in a research report on Wednesday, February 4th. Citigroup cut their price target on shares of Super Micro Computer from $48.00 to $39.00 and set a "neutral" rating for the company in a research note on Tuesday, January 20th. Zacks Research raised shares of Super Micro Computer from a "strong sell" rating to a "hold" rating in a report on Monday, December 8th. Finally, Weiss Ratings restated a "hold (c)" rating on shares of Super Micro Computer in a research report on Monday, December 29th. Five analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Super Micro Computer presently has an average rating of "Hold" and a consensus price target of $43.43.

Super Micro Computer Stock Performance

NASDAQ:SMCI opened at $30.75 on Friday. The business has a 50 day moving average of $31.23 and a 200 day moving average of $37.93. The company has a market capitalization of $18.42 billion, a price-to-earnings ratio of 22.95, a PEG ratio of 0.61 and a beta of 1.52. Super Micro Computer, Inc. has a 1-year low of $27.60 and a 1-year high of $62.36. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.70 and a quick ratio of 1.01.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported $0.69 EPS for the quarter, beating analysts' consensus estimates of $0.49 by $0.20. The business had revenue of $12.68 billion for the quarter, compared to analysts' expectations of $10.34 billion. Super Micro Computer had a net margin of 3.11% and a return on equity of 13.22%. The business's quarterly revenue was up 123.4% on a year-over-year basis. During the same period last year, the business earned $0.59 earnings per share. Super Micro Computer has set its Q3 2026 guidance at 0.600- EPS. On average, sell-side analysts predict that Super Micro Computer, Inc. will post 1.86 earnings per share for the current fiscal year.

Super Micro Computer Profile

Super Micro Computer, Inc (Supermicro) is a technology company that designs, develops and manufactures high-performance server, storage and networking solutions for enterprise, cloud, data center, high performance computing (HPC) and edge computing customers. The company's product portfolio includes rackmount and blade servers, storage subsystems, motherboards, chassis, power supplies and networking components, with an emphasis on high-density, energy-efficient configurations and platforms optimized for GPU-accelerated workloads and artificial intelligence applications.

Headquartered in San Jose, California, Supermicro combines in-house engineering with a global manufacturing and distribution footprint to deliver configurable, application-specific systems.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.