Eaton Financial Holdings Company LLC Takes Position in Super Micro Computer, Inc. $SMCI

Key Points

• Eaton Financial Holdings Company LLC has acquired a new stake in Super Micro Computer, purchasing 8,526 shares valued at approximately $418,000 during the second quarter.
• Company insiders have recently sold significant amounts of stock, with SVP George Kao selling 40,000 shares and CFO David E. Weigand selling 25,000 shares, resulting in substantial decreases in their holdings.
• Analysts have mixed views on Super Micro Computer, with price targets ranging from $24.00 to $52.00, and a general rating of "Hold" with an average price target of $45.36.

Eaton Financial Holdings Company LLC bought a new stake in shares of Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 8,526 shares of the company's stock, valued at approximately $418,000.

Several other institutional investors have also recently made changes to their positions in SMCI. Eastern Bank purchased a new position in Super Micro Computer in the first quarter worth about $29,000. Bernard Wealth Management Corp. bought a new stake in shares of Super Micro Computer during the fourth quarter worth $33,000. Central Pacific Bank Trust Division bought a new stake in shares of Super Micro Computer during the first quarter worth $34,000. Beaird Harris Wealth Management LLC purchased a new stake in shares of Super Micro Computer during the first quarter valued at $34,000. Finally, IMG Wealth Management Inc. grew its holdings in shares of Super Micro Computer by 90.7% in the first quarter. IMG Wealth Management Inc. now owns 1,051 shares of the company's stock worth $36,000 after purchasing an additional 500 shares during the last quarter. Hedge funds and other institutional investors own 84.06% of the company's stock.

Insider Buying and Selling at Super Micro Computer

In other news, SVP George Kao sold 40,000 shares of the company's stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $43.88, for a total value of $1,755,200.00. Following the completion of the sale, the senior vice president directly owned 21,820 shares in the company, valued at $957,461.60. This represents a 64.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO David E. Weigand sold 25,000 shares of Super Micro Computer stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $45.14, for a total value of $1,128,500.00. Following the transaction, the chief financial officer owned 100,188 shares in the company, 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 a total of 490,000 shares of company stock worth $27,890,950 in the last 90 days. 16.30% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on SMCI shares. Sanford C. Bernstein upgraded shares of Super Micro Computer to a "hold" rating in a report on Tuesday, September 16th. The Goldman Sachs Group lifted their price target on shares of Super Micro Computer from $24.00 to $27.00 and gave the company a "sell" rating in a research note on Wednesday, August 6th. Citigroup reissued a "neutral" rating and issued a $52.00 price objective (up previously from $37.00) on shares of Super Micro Computer in a research note on Friday, July 11th. Bank of America initiated coverage on Super Micro Computer in a report on Wednesday, July 9th. They set an "underperform" rating and a $35.00 price objective on the stock. Finally, Wedbush restated a "neutral" rating and issued a $30.00 price target on shares of Super Micro Computer in a report on Monday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of "Hold" and an average price target of $45.36.

Super Micro Computer Stock Performance

Shares of NASDAQ:SMCI opened at $46.87 on Tuesday. The company has a debt-to-equity ratio of 0.74, a current ratio of 5.25 and a quick ratio of 3.25. The business's 50 day moving average price is $47.56 and its 200-day moving average price is $42.42. The firm has a market capitalization of $27.85 billion, a PE ratio of 28.23, a P/E/G ratio of 1.14 and a beta of 1.56. Super Micro Computer, Inc. has a 1 year low of $17.25 and a 1 year high of $66.44.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The company reported $0.41 EPS for the quarter, missing the consensus estimate 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 firm had revenue of $5.76 billion during the quarter, compared to analyst estimates of $5.88 billion. During the same period in the prior year, the company posted $6.25 earnings per share. The firm's revenue for the quarter 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. As a group, equities research analysts expect 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, 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.

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