Clearline Capital LP Invests $11.67 Million in Super Micro Computer, Inc. $SMCI

Key Points

• Clearline Capital LP acquired a new stake in Super Micro Computer, Inc. during the first quarter, purchasing 340,843 shares valued at approximately $11.67 million.
• Super Micro Computer's stock price has ranged from a one-year low of $17.25 to a high of $66.44, and currently has a market cap of $24.01 billion.
• Insiders, including CEO Charles Liang, sold significant shares of the company, totaling 1,065,000 shares worth about $53.76 million in the last ninety days.

Clearline Capital LP acquired a new position in Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 340,843 shares of the company's stock, valued at approximately $11,670,000. Clearline Capital LP owned approximately 0.06% of Super Micro Computer at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in Super Micro Computer by 3.9% in the first quarter. Vanguard Group Inc. now owns 64,407,769 shares of the company's stock worth $2,205,322,000 after acquiring an additional 2,415,276 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Super Micro Computer by 3.3% in 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 boosted its stake in Super Micro Computer by 6,368.8% in 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 purchasing an additional 2,772,464 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its stake in Super Micro Computer by 15.7% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,642,682 shares of the company's stock worth $56,246,000 after purchasing an additional 223,427 shares in the last quarter. Finally, Nuveen LLC purchased a new stake in Super Micro Computer during the 1st quarter worth approximately $53,031,000. 84.06% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on SMCI. Barclays raised their price target 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. Bank of America began coverage on Super Micro Computer in a research note on Wednesday, July 9th. They issued an "underperform" rating and a $35.00 target price for the company. Zacks Research upgraded Super Micro Computer to a "hold" rating in a research note on Monday, August 11th. The Goldman Sachs Group raised their price objective on Super Micro Computer from $24.00 to $27.00 and gave the stock a "sell" rating in a research note on Wednesday, August 6th. Finally, Mizuho lifted their target price on Super Micro Computer from $40.00 to $47.00 and gave the stock a "neutral" rating in a report on Thursday, July 3rd. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eight have given a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $45.31.

Insider Activity

In other Super Micro Computer news, CEO Charles Liang sold 300,000 shares of the company's stock in a transaction dated Wednesday, June 18th. The shares were sold at an average price of $45.00, for a total value of $13,500,000.00. Following the completion of the transaction, the chief executive officer owned 66,903,640 shares in the company, valued at approximately $3,010,663,800. This represents a 0.45% decrease in their ownership of the stock. 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 the stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $40.29, for a total transaction of $1,007,250.00. Following the sale, the chief financial officer directly owned 100,188 shares in the company, valued at approximately $4,036,574.52. The trade was a 19.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 1,065,000 shares of company stock valued at $53,762,450. 16.30% of the stock is currently owned by company insiders.

Super Micro Computer Stock Performance

Shares of SMCI traded up $2.88 during mid-day trading on Tuesday, reaching $42.92. The company had a trading volume of 37,265,479 shares, compared to its average volume of 23,017,740. The stock has a market capitalization of $25.51 billion, a P/E ratio of 25.86, a PEG ratio of 1.00 and a beta of 1.56. Super Micro Computer, Inc. has a 52-week low of $17.25 and a 52-week high of $66.44. The stock has a 50 day moving average of $48.25 and a two-hundred day moving average of $42.23. The company has a quick ratio of 3.25, a current ratio of 5.25 and a debt-to-equity ratio of 0.74.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) last announced its quarterly earnings results 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 during the quarter, compared to analyst estimates of $5.88 billion. During the same period in the previous year, the firm posted $6.25 earnings per share. The company's 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, analysts expect that Super Micro Computer, Inc. will post 1.86 earnings per share for the current 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.