Everstar Asset Management LLC Takes $1.47 Million Position in Super Micro Computer, Inc. $SMCI

Key Points

• Everstar Asset Management LLC acquired a new stake in Super Micro Computer, Inc. by purchasing 42,799 shares valued at approximately $1,465,000 in the first quarter.
• Significant changes in institutional holdings were reported, with 84.06% of the stock now owned by institutional investors, including various new positions from several banks and wealth management firms.
• The consensus rating for Super Micro Computer is currently a "Hold", with a target price averaging $45.31, as analysts have mixed ratings ranging from 'Strong Buy' to 'Sell'.

Everstar Asset Management LLC purchased a new stake in shares of Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 42,799 shares of the company's stock, valued at approximately $1,465,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Vanguard Group Inc. raised its holdings in shares of Super Micro Computer by 3.9% during the 1st quarter. Vanguard Group Inc. now owns 64,407,769 shares of the company's stock valued at $2,205,322,000 after purchasing an additional 2,415,276 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Super Micro Computer by 3.3% during 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 in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Super Micro Computer by 6,368.8% during 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 valued at $85,832,000 after purchasing an additional 2,772,464 shares in the last quarter. Price T Rowe Associates Inc. MD raised its holdings in shares of Super Micro Computer by 15.7% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,642,682 shares of the company's stock valued at $56,246,000 after purchasing an additional 223,427 shares in the last quarter. Finally, Nuveen LLC bought a new position in shares of Super Micro Computer during the 1st quarter valued at $53,031,000. Institutional investors own 84.06% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on SMCI shares. Raymond James Financial started coverage on shares of Super Micro Computer in a report on Wednesday, June 25th. They set an "outperform" rating 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 lifted 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. Bank of America assumed coverage on Super Micro Computer in a research note on Wednesday, July 9th. They issued an "underperform" rating and a $35.00 price objective on the stock. Finally, Wedbush reiterated a "neutral" rating and issued a $30.00 price objective on shares of Super Micro Computer in a research note on Monday, August 4th. One equities research 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 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.

Super Micro Computer Price Performance

Shares of NASDAQ SMCI traded up $2.88 during midday trading on Tuesday, reaching $42.92. 37,265,479 shares of the company traded hands, compared to its average volume of 23,017,740. The firm has a market cap of $25.51 billion, a PE ratio of 23.83, a PEG ratio of 1.00 and a beta of 1.56. The company has a debt-to-equity ratio of 0.74, a quick ratio of 3.25 and a current ratio of 5.25. Super Micro Computer, Inc. has a 12 month low of $17.25 and a 12 month high of $66.44. The stock's 50-day simple moving average is $48.34 and its 200-day simple moving average is $42.22.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) last announced its earnings results on Tuesday, August 5th. The company reported $0.41 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.03). The business had revenue of $5.76 billion during the quarter, compared to analyst estimates of $5.88 billion. Super Micro Computer had a return on equity of 17.14% and a net margin of 4.77%.The firm's revenue was up 8.5% compared to the same quarter last year. During the same period in the previous 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. As a group, equities analysts anticipate that Super Micro Computer, Inc. will post 1.86 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Liang Chiu-Chu Sara Liu sold 200,000 shares of the stock in a transaction dated Monday, July 28th. The shares were sold at an average price of $60.00, for a total transaction of $12,000,000.00. Following the completion of the transaction, the director directly owned 40,426,120 shares in the company, valued at $2,425,567,200. This represents a 0.49% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP George Kao sold 40,000 shares of the firm'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 completion of the sale, the senior vice president owned 21,820 shares of the company's stock, valued at $957,461.60. This trade represents a 64.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 1,065,000 shares of company stock worth $53,762,450 in the last 90 days. Corporate insiders own 16.30% of the company's stock.

Super Micro Computer Company 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.