Gulf International Bank UK Ltd Has $1.05 Million Stock Holdings in Super Micro Computer, Inc. $SMCI

Key Points

• Gulf International Bank UK Ltd has reduced its stake in Super Micro Computer, Inc. by 24.6%, selling 10,005 shares and retaining 30,620 shares valued at approximately $1,048,000.
• Insiders have sold a total of 1,067,000 shares in recent months, including significant sales by the CFO and a director, indicating possible changes in confidence among leadership.
• Analysts have set varying target prices for Super Micro Computer's shares, with Needham & Company raising their price target from $39.00 to $60.00 while others maintain a more conservative outlook with a consensus target price of $44.75.

Gulf International Bank UK Ltd trimmed its position in shares of Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) by 24.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,620 shares of the company's stock after selling 10,005 shares during the period. Gulf International Bank UK Ltd's holdings in Super Micro Computer were worth $1,048,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Eastern Bank acquired a new stake in shares of Super Micro Computer in the 1st quarter worth about $29,000. Bernard Wealth Management Corp. acquired a new stake in shares of Super Micro Computer in the fourth quarter valued at approximately $33,000. Quarry LP bought a new stake in shares of Super Micro Computer during the fourth quarter valued at approximately $34,000. Central Pacific Bank Trust Division acquired a new position in shares of Super Micro Computer during the first quarter worth approximately $34,000. Finally, IMG Wealth Management Inc. boosted its position in shares of Super Micro Computer by 90.7% during the first quarter. IMG Wealth Management Inc. now owns 1,051 shares of the company's stock worth $36,000 after buying an additional 500 shares during the period. 84.06% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related 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 value of $12,000,000.00. Following the completion of the transaction, the director owned 40,426,120 shares of the company's stock, valued at $2,425,567,200. This represents a 0.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Charles Liang sold 200,000 shares of Super Micro Computer stock in a transaction that occurred 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 ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 1,000,000 shares of company stock worth $51,000,000 in the last quarter. Corporate insiders own 16.30% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on SMCI. Wedbush reaffirmed a "neutral" rating and set a $30.00 target price on shares of Super Micro Computer in a research note on Monday, August 4th. Northland Securities set a $59.00 target price on Super Micro Computer in a report on Wednesday, May 7th. KGI Securities began coverage on shares of Super Micro Computer in a research report on Wednesday, May 7th. They issued a "neutral" rating for the company. The Goldman Sachs Group boosted their price target 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. Finally, Barclays increased their price target on shares of Super Micro Computer from $29.00 to $45.00 and gave the stock an "equal weight" rating in a research note on Thursday, August 7th. One 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 company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $44.75.

Super Micro Computer Stock Performance

SMCI stock traded down $1.5420 on Tuesday, reaching $44.3180. 12,686,030 shares of the company were exchanged, compared to its average volume of 55,724,289. The firm has a market capitalization of $26.45 billion, a PE ratio of 26.66, a PEG ratio of 1.13 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 stock's fifty day moving average price is $49.01 and its 200 day moving average price is $42.32. The company has a debt-to-equity ratio of 0.74, a current ratio of 5.32 and a quick ratio of 3.32.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) last posted its quarterly 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 firm had revenue of $5.76 billion during 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 was up 8.5% on a year-over-year basis. During the same period last year, the company earned $6.25 EPS. Super Micro Computer has set its Q1 2026 guidance at 0.400-0.520 EPS. FY 2026 guidance at EPS. On average, research analysts anticipate that Super Micro Computer, Inc. will post 1.86 EPS 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.