Great Lakes Advisors LLC Trims Position in Super Micro Computer, Inc. $SMCI

Key Points

• Great Lakes Advisors LLC has reduced its stake in Super Micro Computer, Inc. by 22.6%, now holding 19,519 shares worth approximately $668,000.
• Insider trading activity includes CFO David E. Weigand selling 25,000 shares for over $1 million, and Director Liang Chiu-Chu Sara Liu selling 200,000 shares for $12 million.
• Super Micro Computer's recent quarterly earnings missed estimates, reporting $0.41 earnings per share against a consensus of $0.44 and revenues of $5.76 billion compared to expectations of $5.88 billion.

Great Lakes Advisors LLC decreased its holdings in Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) by 22.6% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,519 shares of the company's stock after selling 5,701 shares during the quarter. Great Lakes Advisors LLC's holdings in Super Micro Computer were worth $668,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Clearline Capital LP acquired a new stake in Super Micro Computer during the 1st quarter worth about $11,670,000. Strait & Sound Wealth Management LLC lifted its position in Super Micro Computer by 204.5% during the 1st quarter. Strait & Sound Wealth Management LLC now owns 9,200 shares of the company's stock worth $140,000 after acquiring an additional 18,000 shares during the period. Everstar Asset Management LLC acquired a new stake in Super Micro Computer during the 1st quarter worth about $1,465,000. CTC Alternative Strategies Ltd. lifted its position in Super Micro Computer by 58.0% during the 1st quarter. CTC Alternative Strategies Ltd. now owns 41,400 shares of the company's stock worth $1,418,000 after acquiring an additional 15,202 shares during the period. Finally, Murchinson Ltd. acquired a new stake in Super Micro Computer during the 1st quarter worth about $428,000. Institutional investors and hedge funds own 84.06% of the company's stock.

Insiders Place Their Bets

In other news, SVP George Kao sold 40,000 shares of Super Micro Computer stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $43.88, for a total transaction of $1,755,200.00. Following the sale, the senior vice president owned 21,820 shares in the company, valued at approximately $957,461.60. The trade was 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 accessible through this link. Also, CFO David E. Weigand sold 25,000 shares of the business's stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $40.29, for a total value of $1,007,250.00. Following the completion of the transaction, the chief financial officer owned 100,188 shares in the company, valued at $4,036,574.52. This trade represents a 19.97% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 1,065,000 shares of company stock valued at $53,762,450. 16.30% of the stock is owned by insiders.

Analyst Ratings Changes

A number of brokerages have commented on SMCI. Bank of America began coverage on Super Micro Computer in a research report on Wednesday, July 9th. They set an "underperform" rating and a $35.00 price target for the company. Needham & Company LLC lifted their price target on Super Micro Computer from $39.00 to $60.00 and gave the stock a "buy" rating in a research report on Wednesday, August 6th. Mizuho lifted their price target on Super Micro Computer from $40.00 to $47.00 and gave the stock a "neutral" rating in a research report on Thursday, July 3rd. Zacks Research raised Super Micro Computer to a "hold" rating in a report on Monday, August 11th. Finally, JPMorgan Chase & Co. cut their target price on shares of Super Micro Computer from $46.00 to $45.00 and set a "neutral" rating for the company in a report on Wednesday, August 6th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $45.31.

Super Micro Computer Trading Up 2.4%

Super Micro Computer stock traded up $1.05 during mid-day trading on Friday, hitting $45.00. The company's stock had a trading volume of 38,072,140 shares, compared to its average volume of 24,186,834. The firm has a market capitalization of $26.74 billion, a PE ratio of 27.11, a price-to-earnings-growth ratio of 1.10 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. The company has a current ratio of 5.25, a quick ratio of 3.25 and a debt-to-equity ratio of 0.74. The stock's fifty day moving average is $47.99 and its two-hundred day moving average is $42.18.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) last posted its quarterly earnings data 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). 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 analysts' expectations of $5.88 billion. During the same quarter in the prior year, the firm posted $6.25 EPS. Super Micro Computer's quarterly 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 anticipate that Super Micro Computer, Inc. will post 1.86 EPS for the current year.

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.