CTC Alternative Strategies Ltd. Raises Position in Super Micro Computer, Inc. $SMCI

Key Points

• CTC Alternative Strategies Ltd. increased its stake in Super Micro Computer by 58% after purchasing 15,202 shares, making the company its 15th largest position with a valuation of approximately $1.4 million.
• Several institutional investors have significantly boosted their holdings in Super Micro Computer, with UBS AM raising its stake by 6,368.8% and Vanguard Group increasing by 3.9%.
• Super Micro Computer reported a net margin of 4.77% and a return on equity of 17.14% in its latest earnings release, but missed earnings expectations with $0.41 EPS compared to a consensus of $0.44.

CTC Alternative Strategies Ltd. increased its stake in Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) by 58.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,400 shares of the company's stock after acquiring an additional 15,202 shares during the period. Super Micro Computer makes up approximately 1.7% of CTC Alternative Strategies Ltd.'s investment portfolio, making the stock its 15th biggest position. CTC Alternative Strategies Ltd.'s holdings in Super Micro Computer were worth $1,418,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SMCI. Murchinson Ltd. bought a new stake in Super Micro Computer in the first quarter worth about $428,000. Needham Investment Management LLC lifted its stake in Super Micro Computer by 1.6% in the first quarter. Needham Investment Management LLC now owns 1,432,500 shares of the company's stock worth $49,049,000 after purchasing an additional 22,500 shares during the last quarter. Nissay Asset Management Corp Japan ADV lifted its stake in Super Micro Computer by 1.1% in the first quarter. Nissay Asset Management Corp Japan ADV now owns 66,795 shares of the company's stock worth $2,287,000 after purchasing an additional 723 shares during the last quarter. NewEdge Advisors LLC lifted its stake in Super Micro Computer by 99.6% in the first quarter. NewEdge Advisors LLC now owns 71,747 shares of the company's stock worth $2,457,000 after purchasing an additional 35,799 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Super Micro Computer by 61.2% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 519,716 shares of the company's stock worth $17,795,000 after purchasing an additional 197,371 shares during the last quarter. Hedge funds and other institutional investors own 84.06% of the company's stock.

Insider Activity

In related news, Director Liang Chiu-Chu Sara Liu 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 transaction of $13,500,000.00. Following the completion of the sale, the director owned 66,903,640 shares of the company's stock, valued at approximately $3,010,663,800. This represents a 0.45% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP George Kao sold 40,000 shares of the company's stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $43.88, for a total transaction of $1,755,200.00. Following the sale, the senior vice president directly 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 disclosure for this sale can be found here. In the last ninety days, insiders have sold 1,065,000 shares of company stock worth $53,762,450. 16.30% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. The Goldman Sachs Group raised their price objective on shares of Super Micro Computer from $24.00 to $27.00 and gave the stock a "sell" rating in a research note on Wednesday, August 6th. Mizuho lifted their price target on shares of Super Micro Computer from $40.00 to $47.00 and gave the company a "neutral" rating in a research note on Thursday, July 3rd. JPMorgan Chase & Co. decreased their price target on shares of 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 lifted their price target on shares of 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. Finally, Zacks Research raised shares of Super Micro Computer to a "hold" rating in a research note on Monday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat, Super Micro Computer has a consensus rating of "Hold" and an average target price of $45.31.

Super Micro Computer Stock Performance

Shares of SMCI traded up $2.88 during trading hours on Tuesday, reaching $42.92. 37,265,479 shares of the company traded hands, compared to its average volume of 23,017,740. The stock has a market capitalization of $25.51 billion, a P/E ratio of 23.83, a P/E/G ratio of 1.00 and a beta of 1.56. The business has a fifty day moving average price of $48.34 and a 200-day moving average price of $42.22. Super Micro Computer, Inc. has a 12-month low of $17.25 and a 12-month high of $66.44. 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 posted its 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). The business had revenue of $5.76 billion for the quarter, compared to analyst estimates of $5.88 billion. Super Micro Computer had a net margin of 4.77% and a return on equity of 17.14%. The company's revenue for the quarter was up 8.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $6.25 earnings per share. Super Micro Computer has set its Q1 2026 guidance at 0.400-0.520 EPS. FY 2026 guidance at EPS. Equities analysts anticipate that Super Micro Computer, Inc. will post 1.86 EPS for the current fiscal 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.