Mitsubishi UFJ Asset Management Co. Ltd. Buys 48,561 Shares of Super Micro Computer, Inc. $SMCI

Key Points

• Mitsubishi UFJ Asset Management increased its stake in Super Micro by 5.1%, buying 48,561 shares to hold 999,074 shares (about 0.17%) valued at roughly $48.97 million.
• Super Micro missed quarterly estimates, reporting $0.35 EPS vs. $0.46 expected and $5.02B revenue vs. $6.48B expected (revenue down 15.5% YoY), and analysts have trimmed price targets leaving an average rating of "Hold" with a $48.38 target.
• Insiders sold 90,000 shares in the last 90 days (insiders own 16.3%), while institutional investors hold 84.06% of the stock, highlighting heavy institutional ownership amid recent insider selling.

Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in shares of Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) by 5.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 999,074 shares of the company's stock after purchasing an additional 48,561 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.17% of Super Micro Computer worth $48,965,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Eastern Bank purchased a new stake in Super Micro Computer during the 1st quarter valued at $29,000. Beaird Harris Wealth Management LLC bought a new stake in shares of Super Micro Computer in the first quarter worth $34,000. TD Private Client Wealth LLC increased its position in Super Micro Computer by 46.0% during the second quarter. TD Private Client Wealth LLC now owns 800 shares of the company's stock valued at $39,000 after acquiring an additional 252 shares during the last quarter. Orion Capital Management LLC bought a new position in Super Micro Computer in the second quarter valued at about $39,000. Finally, Advisors Asset Management Inc. purchased a new position in Super Micro Computer in the first quarter worth about $39,000. Hedge funds and other institutional investors own 84.06% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on SMCI shares. JPMorgan Chase & Co. reduced their price target on shares of Super Micro Computer from $43.00 to $40.00 and set a "neutral" rating for the company in a research report on Wednesday, November 5th. Raymond James Financial cut their target price on shares of Super Micro Computer from $53.00 to $50.00 and set an "outperform" rating for the company in a research report on Wednesday, November 5th. Sanford C. Bernstein decreased their price target on shares of Super Micro Computer from $46.00 to $42.00 and set a "market perform" rating on the stock in a research report on Wednesday, November 5th. Argus set a $64.00 price objective on shares of Super Micro Computer in a research report on Thursday. Finally, Barclays decreased their target price on Super Micro Computer from $45.00 to $43.00 and set an "equal weight" rating on the stock in a report on Wednesday, November 5th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Super Micro Computer has an average rating of "Hold" and an average target price of $48.38.

Super Micro Computer Stock Performance

Shares of NASDAQ SMCI opened at $40.19 on Tuesday. The stock has a market cap of $23.88 billion, a PE ratio of 24.21, a price-to-earnings-growth ratio of 1.30 and a beta of 1.50. Super Micro Computer, Inc. has a 1 year low of $17.25 and a 1 year high of $66.44. The firm has a fifty day moving average price of $48.26 and a 200-day moving average price of $46.08. The company has a debt-to-equity ratio of 0.74, a current ratio of 5.25 and a quick ratio of 3.25.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) last released its earnings results on Tuesday, November 4th. The company reported $0.35 earnings per share for the quarter, missing analysts' consensus estimates of $0.46 by ($0.11). Super Micro Computer had a net margin of 4.77% and a return on equity of 17.14%. The firm had revenue of $5.02 billion for the quarter, compared to analysts' expectations of $6.48 billion. During the same quarter last year, the firm posted $0.73 EPS. The firm's quarterly revenue was down 15.5% compared to the same quarter last year. Super Micro Computer has set its Q2 2026 guidance at 0.460-0.540 EPS. FY 2026 guidance at EPS. Equities analysts anticipate that Super Micro Computer, Inc. will post 1.86 earnings per share for the current fiscal year.

Insider Transactions at Super Micro Computer

In related news, SVP George Kao sold 40,000 shares of the business'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 transaction, the senior vice president directly owned 21,820 shares of the company's stock, valued at approximately $957,461.60. The trade was a 64.70% decrease in their position. 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 company's 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 completion of the transaction, the chief financial officer owned 100,188 shares of the company's stock, valued at $4,522,486.32. The trade was a 19.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 90,000 shares of company stock valued at $3,890,950. Corporate insiders own 16.30% of the company's stock.

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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