QRG Capital Management Inc. Purchases 48,377 Shares of Super Micro Computer, Inc. $SMCI

Key Points

• QRG Capital Management Inc. increased its stake in Super Micro Computer, Inc. by 270.7%, purchasing an additional 48,377 shares, bringing its total holdings to 66,247 shares valued at approximately $3.25 million.
• Institutional investors currently own 84.06% of Super Micro Computer's stock, with notable increases in stakes from other major funds like Vanguard and Price T Rowe Associates.
• Super Micro Computer recently reported quarterly earnings with an EPS of $0.41, falling short of estimates, while year-over-year revenue rose by 8.5%.

QRG Capital Management Inc. raised its position in Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) by 270.7% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 66,247 shares of the company's stock after buying an additional 48,377 shares during the period. QRG Capital Management Inc.'s holdings in Super Micro Computer were worth $3,247,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. lifted its stake in Super Micro Computer by 3.9% in the first quarter. Vanguard Group Inc. now owns 64,407,769 shares of the company's stock valued at $2,205,322,000 after purchasing an additional 2,415,276 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Super Micro Computer by 3.3% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 3,771,630 shares of the company's stock valued at $129,141,000 after purchasing an additional 120,496 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Super Micro Computer by 2.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,892,772 shares of the company's stock worth $99,049,000 after buying an additional 76,776 shares in the last quarter. Price T Rowe Associates Inc. MD increased its stake in Super Micro Computer by 15.7% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,642,682 shares of the company's stock worth $56,246,000 after acquiring an additional 223,427 shares during the last quarter. Finally, Nuveen LLC purchased a new stake in shares of Super Micro Computer in the 1st quarter valued at about $53,031,000. 84.06% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages have recently commented on SMCI. Raymond James Financial began coverage on Super Micro Computer in a report on Wednesday, June 25th. They set an "outperform" rating for the company. Wedbush reiterated a "neutral" rating and set a $30.00 target price on shares of Super Micro Computer in a research report on Monday, August 4th. Sanford C. Bernstein raised shares of Super Micro Computer to a "hold" rating in a research note on Tuesday, September 16th. Weiss Ratings restated a "hold (c+)" rating on shares of Super Micro Computer in a research report on Saturday, September 27th. Finally, Zacks Research raised shares of Super Micro Computer to a "hold" rating in a report on Monday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Super Micro Computer has an average rating of "Hold" and an average price target of $45.36.

Super Micro Computer Price Performance

SMCI stock opened at $54.62 on Tuesday. The firm has a market cap of $32.46 billion, a P/E ratio of 32.90, a P/E/G ratio of 1.30 and a beta of 1.55. The firm's fifty day moving average is $46.76 and its 200 day moving average is $43.03. Super Micro Computer, Inc. has a 52 week low of $17.25 and a 52 week high of $66.44. The company has a debt-to-equity ratio of 0.74, a quick ratio of 3.25 and a current ratio of 5.25.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) last posted its quarterly earnings results on Tuesday, August 5th. The company reported $0.41 earnings per share for the quarter, missing the consensus estimate 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 during the quarter, compared to the consensus estimate of $5.88 billion. During the same period in the prior year, the firm earned $6.25 earnings per share. The business'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. Research analysts predict that Super Micro Computer, Inc. will post 1.86 earnings per share for the current year.

Insider Buying and Selling

In other news, Director Liang Chiu-Chu Sara Liu sold 200,000 shares of the firm's stock in a transaction that occurred 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 transaction, the director owned 40,426,120 shares in the company, valued at approximately $2,425,567,200. This trade represents a 0.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP George Kao sold 40,000 shares of Super Micro Computer stock in a transaction on Friday, August 22nd. The stock was 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 in the company, valued at approximately $957,461.60. The trade was a 64.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 490,000 shares of company stock valued at $27,890,950 in the last 90 days. 16.30% of the stock is owned by insiders.

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.

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