Super Micro Computer, Inc. $SMCI Shares Bought by Korea Investment CORP

Key Points

• Korea Investment CORP increased its stake in Super Micro Computer, Inc. by 78.7% during the 1st quarter, owning a total of 328,275 shares worth approximately $11.24 million after acquiring 144,604 additional shares.
• Several institutional investors, including Vanguard Group and Northern Trust Corp, have significantly raised their positions in Super Micro Computer, highlighting a strong interest among major stakeholders.
• Super Micro Computer's shares opened at $42.31, with a one-year performance range between $17.25 and $66.44, reflecting considerable volatility in the stock.

Korea Investment CORP grew its holdings in shares of Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) by 78.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 328,275 shares of the company's stock after buying an additional 144,604 shares during the quarter. Korea Investment CORP owned 0.06% of Super Micro Computer worth $11,240,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in SMCI. Envestnet Asset Management Inc. purchased a new position in shares of Super Micro Computer during the 4th quarter valued at approximately $1,624,000. NewEdge Advisors LLC lifted its stake in Super Micro Computer by 223.3% during the fourth quarter. NewEdge Advisors LLC now owns 35,948 shares of the company's stock worth $1,096,000 after purchasing an additional 24,830 shares during the last quarter. GeoWealth Management LLC bought a new position in Super Micro Computer during the fourth quarter worth $120,000. Dimensional Fund Advisors LP bought a new position in Super Micro Computer during the fourth quarter worth $8,991,000. Finally, MetLife Investment Management LLC lifted its stake in Super Micro Computer by 910.5% during the fourth quarter. MetLife Investment Management LLC now owns 154,979 shares of the company's stock worth $4,724,000 after purchasing an additional 139,642 shares during the last quarter. 84.06% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on SMCI. Raymond James Financial began coverage on Super Micro Computer in a research note on Wednesday, June 25th. They set an "outperform" rating on the stock. Wall Street Zen upgraded Super Micro Computer to a "sell" rating in a research note on Thursday, May 8th. Zacks Research upgraded Super Micro Computer to a "hold" rating in a research note on Monday, August 11th. Barclays raised their price objective on 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. Finally, Citigroup restated a "neutral" rating and set a $52.00 price objective (up from $37.00) on shares of Super Micro Computer in a research note on Friday, July 11th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $44.75.

Super Micro Computer Stock Performance

SMCI stock traded up $1.57 during mid-day trading on Friday, reaching $43.88. The company had a trading volume of 23,984,837 shares, compared to its average volume of 41,514,528. The company has a quick ratio of 3.32, a current ratio of 5.32 and a debt-to-equity ratio of 0.74. The stock has a market capitalization of $26.19 billion, a P/E ratio of 26.43, a P/E/G ratio of 1.09 and a beta of 1.46. Super Micro Computer, Inc. has a one year low of $17.25 and a one year high of $66.44. The stock's 50-day simple moving average is $49.04 and its two-hundred day simple moving average is $42.61.

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 company had revenue of $5.76 billion during the quarter, compared to the consensus estimate of $5.88 billion. Super Micro Computer had a net margin of 4.77% and a return on equity of 17.14%. The business's quarterly revenue was up 8.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $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. Research analysts anticipate that Super Micro Computer, Inc. will post 1.86 EPS for the current year.

Insiders Place Their Bets

In other news, Director Liang Chiu-Chu Sara Liu sold 300,000 shares of the firm's stock in a transaction on Wednesday, June 18th. The stock was sold at an average price of $45.00, for a total transaction of $13,500,000.00. Following the transaction, the director directly owned 66,903,640 shares of the company's stock, valued at approximately $3,010,663,800. This trade represents a 0.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Charles Liang sold 300,000 shares of the firm's stock in a transaction on Wednesday, June 18th. The shares were sold at an average price of $45.00, for a total value of $13,500,000.00. Following the transaction, the chief executive officer directly owned 66,903,640 shares in the company, valued at $3,010,663,800. This trade represents a 0.45% 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 over the last three months. 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.