Rafferty Asset Management LLC Sells 38,044 Shares of Super Micro Computer, Inc. $SMCI

Key Points

• Rafferty Asset Management LLC has reduced its stake in Super Micro Computer, Inc. by 19.4%, selling 38,044 shares and owning 158,138 shares worth approximately $5.4 million as of its latest SEC filing.
• Insider transactions showed significant sell-offs, with CEO Charles Liang selling 200,000 shares for $12 million, reflecting a 0.49% decrease in his position, while SVP George Kao sold 40,000 shares, decreasing his holding by 64.7%.
• Super Micro Computer's stock has a current market cap of $26.24 billion, with a P/E ratio of 26.49, and analysts maintain a consensus "Hold" rating with an average price target of $45.31.

Rafferty Asset Management LLC cut its stake in Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) by 19.4% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 158,138 shares of the company's stock after selling 38,044 shares during the quarter. Rafferty Asset Management LLC's holdings in Super Micro Computer were worth $5,415,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Eastern Bank bought a new stake in shares of Super Micro Computer in the first quarter worth approximately $29,000. Bernard Wealth Management Corp. bought a new position in shares of Super Micro Computer during the 4th quarter valued at $33,000. Quarry LP bought a new position in shares of Super Micro Computer during the 4th quarter valued at $34,000. Central Pacific Bank Trust Division bought a new position in shares of Super Micro Computer during the 1st quarter valued at $34,000. Finally, IMG Wealth Management Inc. lifted its holdings in shares of Super Micro Computer by 90.7% during the 1st quarter. IMG Wealth Management Inc. now owns 1,051 shares of the company's stock valued at $36,000 after buying an additional 500 shares during the period. 84.06% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Super Micro Computer news, SVP George Kao sold 40,000 shares of the stock in a transaction 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 completion of the sale, the senior vice president owned 21,820 shares in the company, valued at approximately $957,461.60. This represents a 64.70% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Charles Liang sold 200,000 shares of the stock in a transaction on Monday, July 28th. The stock was sold at an average price of $60.00, for a total value of $12,000,000.00. Following the completion of the sale, 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 disclosure for this sale can be found here. In the last quarter, insiders sold 1,040,000 shares of company stock worth $52,755,200. Corporate insiders own 16.30% of the company's stock.

Super Micro Computer Price Performance

Shares of Super Micro Computer stock opened at $43.97 on Friday. Super Micro Computer, Inc. has a one year low of $17.25 and a one year high of $66.44. The stock's fifty day moving average is $49.06 and its 200 day moving average is $42.76. The stock has a market cap of $26.24 billion, a P/E ratio of 26.49, a P/E/G ratio of 1.12 and a beta of 1.46. The company has a debt-to-equity ratio of 0.74, a quick ratio of 3.32 and a current ratio of 5.32.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) last announced its 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 company 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 business posted $6.25 earnings per share. Super Micro Computer's revenue for the quarter 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. Sell-side analysts anticipate that Super Micro Computer, Inc. will post 1.86 earnings per share for the current year.

Analyst Ratings Changes

SMCI has been the topic of several research analyst reports. Zacks Research raised Super Micro Computer to a "hold" rating in a report on Monday, August 11th. Bank of America initiated coverage on Super Micro Computer in a report on Wednesday, July 9th. They set an "underperform" rating and a $35.00 price target on the stock. Raymond James Financial initiated coverage on Super Micro Computer in a report on Wednesday, June 25th. They set an "outperform" rating on the stock. Northland Securities set a $59.00 price target on Super Micro Computer in a report on Wednesday, May 7th. Finally, The Goldman Sachs Group increased their price target on Super Micro Computer from $24.00 to $27.00 and gave the company a "sell" rating in a report on Wednesday, August 6th. One 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 assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $45.31.

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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