NewEdge Advisors LLC Purchases 35,799 Shares of Super Micro Computer, Inc. $SMCI

Key Points

• NewEdge Advisors LLC increased its stake in Super Micro Computer by 99.6%, acquiring an additional 35,799 shares, bringing its total holdings to 71,747 shares, valued at approximately $2.46 million.
• Super Micro Computer reported a quarterly EPS of $0.41, missing the consensus estimate of $0.44, with revenues of $5.76 billion, which was also below the expected $5.88 billion.
• Despite recent share sales by insiders totaling over 1 million shares, institutional ownership in Super Micro Computer remains robust at 84.06%.

NewEdge Advisors LLC grew its stake in shares of Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) by 99.6% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 71,747 shares of the company's stock after buying an additional 35,799 shares during the period. NewEdge Advisors LLC's holdings in Super Micro Computer were worth $2,457,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. Eastern Bank purchased a new stake in shares of Super Micro Computer in the first quarter valued at $29,000. Central Pacific Bank Trust Division purchased a new stake in shares of Super Micro Computer in the first quarter valued at $34,000. Beaird Harris Wealth Management LLC purchased a new stake in shares of Super Micro Computer in the first quarter valued at $34,000. IMG Wealth Management Inc. grew its position in shares of Super Micro Computer by 90.7% in the first quarter. IMG Wealth Management Inc. now owns 1,051 shares of the company's stock valued at $36,000 after purchasing an additional 500 shares during the period. Finally, Bernard Wealth Management Corp. purchased a new stake in shares of Super Micro Computer in the fourth quarter valued at $33,000. Hedge funds and other institutional investors own 84.06% of the company's stock.

Insider Buying and Selling at Super Micro Computer

In other news, CEO Charles Liang sold 200,000 shares of the business's stock in a transaction 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 completion of the transaction, the chief executive officer owned 40,426,120 shares of the company's stock, valued at $2,425,567,200. The trade was a 0.49% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP George Kao sold 40,000 shares of the business's stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $43.88, for a total transaction of $1,755,200.00. Following the completion of the transaction, the senior vice president directly owned 21,820 shares of the company's stock, valued at $957,461.60. This trade represents a 64.70% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 1,065,000 shares of company stock worth $53,762,450 over the last quarter. 16.30% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on SMCI. Zacks Research raised Super Micro Computer to a "hold" rating in a research report on Monday, August 11th. Wedbush reissued a "neutral" rating and issued a $30.00 price objective on shares of Super Micro Computer in a report on Monday, August 4th. Barclays upped their target price on Super Micro Computer from $29.00 to $45.00 and gave the company an "equal weight" rating in a report on Thursday, August 7th. JPMorgan Chase & Co. decreased their price objective on Super Micro Computer from $46.00 to $45.00 and set a "neutral" rating for the company in a report on Wednesday, August 6th. Finally, Raymond James Financial assumed coverage on Super Micro Computer in a research report on Wednesday, June 25th. They issued an "outperform" rating for the company. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $45.31.

Super Micro Computer Stock Performance

SMCI stock traded up $1.05 during trading on Friday, reaching $45.00. 38,049,164 shares of the stock were exchanged, compared to its average volume of 52,923,988. The company has a market capitalization of $26.74 billion, a P/E ratio of 27.11, a price-to-earnings-growth ratio of 1.09 and a beta of 1.56. The company has a current ratio of 5.25, a quick ratio of 3.25 and a debt-to-equity ratio of 0.74. Super Micro Computer, Inc. has a twelve month low of $17.25 and a twelve month high of $66.44. The stock has a 50 day simple moving average of $48.06 and a 200-day simple moving average of $42.19.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The company reported $0.41 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 business had revenue of $5.76 billion for the quarter, compared to the consensus estimate of $5.88 billion. During the same quarter in the prior year, the business earned $6.25 EPS. The firm's revenue for the quarter was up 8.5% on a year-over-year basis. Super Micro Computer has set its Q1 2026 guidance at 0.400-0.520 EPS. FY 2026 guidance at EPS. As a group, sell-side analysts anticipate that Super Micro Computer, Inc. will post 1.86 earnings per share for the current year.

About Super Micro Computer

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.