NEOS Investment Management LLC Buys 14,830 Shares of Super Micro Computer, Inc. $SMCI

Key Points

• NEOS Investment Management increased its Super Micro Computer stake by 20.6% in the second quarter, purchasing 14,830 additional shares and bringing its holdings to 86,833 shares valued at approximately $2.55 million.
• Super Micro Computer reported quarterly EPS of $1.70, beating estimates of $0.92, while revenue rose 93.2% year over year to $11.12 billion but fell short of the $11.60 billion consensus forecast.
• Analyst sentiment remains cautious, with the stock carrying a consensus “Hold” rating and an average price target of $42.13; institutional investors collectively own 84.06% of the company.

NEOS Investment Management LLC grew its stake in Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) by 20.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 86,833 shares of the company's stock after buying an additional 14,830 shares during the period. NEOS Investment Management LLC's holdings in Super Micro Computer were worth $2,547,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. MCF Advisors LLC boosted its holdings in Super Micro Computer by 9.6% in the fourth quarter. MCF Advisors LLC now owns 3,696 shares of the company's stock worth $108,000 after acquiring an additional 325 shares in the last quarter. CIBC Private Wealth Group LLC increased its holdings in shares of Super Micro Computer by 11.8% during the third quarter. CIBC Private Wealth Group LLC now owns 3,206 shares of the company's stock valued at $154,000 after acquiring an additional 339 shares in the last quarter. World Equity Group Inc. increased its holdings in shares of Super Micro Computer by 3.8% during the first quarter. World Equity Group Inc. now owns 9,877 shares of the company's stock valued at $225,000 after acquiring an additional 362 shares in the last quarter. Sunbelt Securities Inc. raised its position in shares of Super Micro Computer by 26.4% in the 3rd quarter. Sunbelt Securities Inc. now owns 1,870 shares of the company's stock valued at $90,000 after purchasing an additional 390 shares during the last quarter. Finally, Gulf International Bank UK Ltd raised its position in shares of Super Micro Computer by 1.7% in the 4th quarter. Gulf International Bank UK Ltd now owns 26,748 shares of the company's stock valued at $783,000 after purchasing an additional 455 shares during the last quarter. Hedge funds and other institutional investors own 84.06% of the company's stock.

Super Micro Computer Price Performance

NASDAQ:SMCI opened at $39.59 on Tuesday. The company has a debt-to-equity ratio of 0.65, a current ratio of 3.87 and a quick ratio of 2.07. The company's fifty day moving average price is $31.87 and its 200-day moving average price is $31.30. Super Micro Computer, Inc. has a 1-year low of $19.48 and a 1-year high of $58.78. The firm has a market capitalization of $26.01 billion, a P/E ratio of 12.37, a PEG ratio of 0.75 and a beta of 2.00.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) last posted its quarterly earnings results on Tuesday, August 11th. The company reported $1.70 EPS for the quarter, beating the consensus estimate of $0.92 by $0.78. The company had revenue of $11.12 billion for the quarter, compared to analyst estimates of $11.60 billion. Super Micro Computer had a net margin of 5.71% and a return on equity of 27.83%. The firm's revenue was up 93.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.31 earnings per share. Super Micro Computer has set its Q1 2027 guidance at 1.010-1.100 EPS. As a group, equities research analysts anticipate that Super Micro Computer, Inc. will post 4.04 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms have weighed in on SMCI. Weiss Ratings reissued a "hold (c)" rating on shares of Super Micro Computer in a research report on Wednesday, June 24th. Stifel Nicolaus set a $42.00 price target on shares of Super Micro Computer in a report on Wednesday, August 12th. Citigroup lifted their price objective on shares of Super Micro Computer from $33.00 to $39.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 12th. Bank of America reissued an "underperform" rating on shares of Super Micro Computer in a report on Wednesday, August 12th. Finally, Wolfe Research assumed coverage on Super Micro Computer in a research report on Thursday, June 11th. They issued a "peer perform" rating on the stock. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Super Micro Computer has an average rating of "Hold" and an average price target of $42.13.

Super Micro Computer Company Profile

Super Micro Computer, Inc (Supermicro) is a technology company that designs, develops and manufactures high-performance server, storage and networking solutions for enterprise, cloud, data center, high performance computing (HPC) and edge computing customers. The company's product portfolio includes rackmount and blade servers, storage subsystems, motherboards, chassis, power supplies and networking components, with an emphasis on high-density, energy-efficient configurations and platforms optimized for GPU-accelerated workloads and artificial intelligence applications.

Headquartered in San Jose, California, Supermicro combines in-house engineering with a global manufacturing and distribution footprint to deliver configurable, application-specific systems.

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