Super Micro Computer, Inc. $SMCI Stake Lessened by Credit Agricole S A

Key Points

• Credit Agricole S A significantly reduced its holdings in Super Micro Computer, Inc. by 68.5%, now holding 79,773 shares worth approximately $2.73 million.
• In the first quarter, several hedge funds are actively buying and selling shares of Super Micro Computer, with institutional investors currently owning 84.06% of the stock.
• Analysts have mixed ratings for the stock, with a consensus rating of "Hold" and a target price of $44.75, and the stock recently reported earnings that missed expectations.

Credit Agricole S A cut its position in shares of Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) by 68.5% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 79,773 shares of the company's stock after selling 173,812 shares during the quarter. Credit Agricole S A's holdings in Super Micro Computer were worth $2,731,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Eastern Bank acquired a new position in Super Micro Computer in the 1st quarter worth $29,000. Bernard Wealth Management Corp. acquired a new stake in Super Micro Computer during the 4th quarter valued at approximately $33,000. Quarry LP acquired a new stake in Super Micro Computer during the 4th quarter valued at approximately $34,000. Central Pacific Bank Trust Division acquired a new stake in Super Micro Computer during the 1st quarter valued at approximately $34,000. Finally, IMG Wealth Management Inc. grew its stake in Super Micro Computer by 90.7% during the 1st quarter. IMG Wealth Management Inc. now owns 1,051 shares of the company's stock valued at $36,000 after purchasing an additional 500 shares in the last quarter. Institutional investors and hedge funds own 84.06% of the company's stock.

Super Micro Computer Stock Performance

Shares of NASDAQ SMCI traded up $0.19 during mid-day trading on Monday, hitting $44.07. The company had a trading volume of 18,721,536 shares, compared to its average volume of 55,019,859. The stock has a market cap of $26.30 billion, a price-to-earnings ratio of 26.55, a PEG ratio of 1.09 and a beta of 1.46. 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 5.32 and a quick ratio of 3.32. The firm's 50 day simple moving average is $49.04 and its two-hundred day simple moving average is $42.67.

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 the consensus estimate of $0.44 by ($0.03). The company had revenue of $5.76 billion during 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 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. As a group, equities research analysts forecast that Super Micro Computer, Inc. will post 1.86 earnings per share for the current year.

Analysts Set New Price Targets

SMCI has been the subject of a number of recent analyst reports. The Goldman Sachs Group raised their price objective on Super Micro Computer from $24.00 to $27.00 and gave the company a "sell" rating in a research note on Wednesday, August 6th. JPMorgan Chase & Co. lowered their price objective on Super Micro Computer from $46.00 to $45.00 and set a "neutral" rating for the company in a research note on Wednesday, August 6th. Barclays raised their price objective on Super Micro Computer from $29.00 to $45.00 and gave the company an "equal weight" rating in a research note on Thursday, August 7th. Needham & Company LLC raised their price objective on Super Micro Computer from $39.00 to $60.00 and gave the company a "buy" rating in a research note on Wednesday, August 6th. Finally, Mizuho raised their price objective on Super Micro Computer from $40.00 to $47.00 and gave the company a "neutral" rating in a research note on Thursday, July 3rd. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $44.75.

Insider Buying and Selling at Super Micro Computer

In other Super Micro Computer news, Director Liang Chiu-Chu Sara Liu sold 200,000 shares of Super Micro Computer stock in a transaction on Monday, July 28th. The stock was sold at an average price of $60.00, for a total transaction 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Charles Liang sold 200,000 shares of Super Micro Computer stock in a transaction on Monday, July 28th. The shares were sold at an average price of $60.00, for a total value of $12,000,000.00. Following the sale, the chief executive officer directly owned 40,426,120 shares in the company, valued at $2,425,567,200. The trade was a 0.49% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 1,000,000 shares of company stock worth $51,000,000 in the last ninety days. 16.30% of the stock is owned by company insiders.

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.