Super Micro Computer, Inc. $SMCI Position Boosted by Needham Investment Management LLC

Key Points

• Needham Investment Management LLC has increased its stake in Super Micro Computer, Inc. (NASDAQ:SMCI) by 1.6%, now holding approximately 1,432,500 shares, which constitutes 4.6% of their investment portfolio.
• Several hedge funds have also taken positions in Super Micro Computer, with significant increases from firms like AlphaQuest LLC and Sequoia Financial Advisors LLC during the first quarter.
• Equities analysts have mixed ratings for the stock, with Needham & Company raising its price target from $39 to $60, while other firms have assigned hold or sell ratings as well; the average price target is currently $45.31.

Needham Investment Management LLC raised its holdings in Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) by 1.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,432,500 shares of the company's stock after acquiring an additional 22,500 shares during the period. Super Micro Computer makes up approximately 4.6% of Needham Investment Management LLC's investment portfolio, making the stock its largest position. Needham Investment Management LLC owned about 0.24% of Super Micro Computer worth $49,049,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Super Micro Computer by 6,368.8% in 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 during the last quarter. Vanguard Group Inc. boosted its position in Super Micro Computer by 3.9% in the 1st quarter. Vanguard Group Inc. now owns 64,407,769 shares of the company's stock valued at $2,205,322,000 after buying an additional 2,415,276 shares during the period. Nuveen LLC purchased a new position in Super Micro Computer in the 1st quarter valued at approximately $53,031,000. Nuveen Asset Management LLC boosted its position in Super Micro Computer by 796.5% in the 4th quarter. Nuveen Asset Management LLC now owns 1,446,722 shares of the company's stock valued at $44,096,000 after buying an additional 1,285,355 shares during the period. Finally, Voloridge Investment Management LLC boosted its position in Super Micro Computer by 1,224.2% in the 4th quarter. Voloridge Investment Management LLC now owns 1,145,913 shares of the company's stock valued at $34,927,000 after buying an additional 1,059,380 shares during the period. Hedge funds and other institutional investors own 84.06% of the company's stock.

Insider Activity at Super Micro Computer

In other Super Micro Computer news, CEO Charles Liang sold 300,000 shares of the company's stock in a transaction dated 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 sale, the chief executive officer owned 66,903,640 shares of the company's stock, valued at $3,010,663,800. This 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, CFO David E. Weigand sold 25,000 shares of the company's stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $40.29, for a total transaction of $1,007,250.00. Following the completion of the sale, the chief financial officer directly 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. Over the last three months, insiders have sold 1,065,000 shares of company stock valued at $53,762,450. 16.30% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research firms have recently issued reports on SMCI. Mizuho lifted their price objective on shares of Super Micro Computer from $40.00 to $47.00 and gave the stock a "neutral" rating in a research report on Thursday, July 3rd. Bank of America began coverage on shares of Super Micro Computer in a research report on Wednesday, July 9th. They set an "underperform" rating and a $35.00 price objective for the company. JPMorgan Chase & Co. decreased their price objective on shares of Super Micro Computer from $46.00 to $45.00 and set a "neutral" rating for the company in a research report on Wednesday, August 6th. Barclays boosted their price target on shares of Super Micro Computer from $29.00 to $45.00 and gave the company an "equal weight" rating in a research report on Thursday, August 7th. Finally, Wedbush reissued a "neutral" rating and issued a $30.00 price target on shares of Super Micro Computer in a research report on Monday, August 4th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $45.31.

Super Micro Computer Stock Performance

Shares of Super Micro Computer stock traded down $0.29 on Friday, reaching $40.41. 21,728,851 shares of the stock were exchanged, compared to its average volume of 23,659,368. 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 business has a fifty day moving average price of $48.51 and a two-hundred day moving average price of $42.33. The firm has a market capitalization of $24.01 billion, a PE ratio of 24.34, a PEG ratio of 1.01 and a beta of 1.56.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) last issued its quarterly 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). Super Micro Computer had a return on equity of 17.14% and a net margin of 4.77%.The firm had revenue of $5.76 billion for the quarter, compared to analyst estimates of $5.88 billion. During the same quarter last year, the firm earned $6.25 earnings per share. The company's 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. As a group, research analysts anticipate that Super Micro Computer, Inc. will post 1.86 earnings per share for the current fiscal 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.