Raymond James Financial Inc. Has $25.18 Million Position in Super Micro Computer, Inc. $SMCI

Key Points

• Raymond James Financial Inc. increased its holdings in Super Micro Computer, Inc. by 191.2%, owning approximately 0.12% of the company worth $25,175,000 after acquiring 482,756 shares.
• Insiders, including Director Liang Chiu-Chu Sara Liu and CEO Charles Liang, sold 300,000 shares each at an average price of $45.00, totaling $27 million in sales which represents a 0.45% decrease in their respective positions.
• The company reported $0.41 EPS in its latest quarterly results, missing estimates, while analysts predict an annual EPS of 1.86 with a consensus price target of $44.75.

Raymond James Financial Inc. increased its position in Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) by 191.2% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 735,249 shares of the company's stock after buying an additional 482,756 shares during the period. Raymond James Financial Inc. owned about 0.12% of Super Micro Computer worth $25,175,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the stock. Eastern Bank purchased a new stake in shares of Super Micro Computer during the 1st quarter valued at about $29,000. Bernard Wealth Management Corp. bought a new position in shares of Super Micro Computer during the fourth quarter valued at approximately $33,000. Quarry LP purchased a new stake in Super Micro Computer during the fourth quarter valued at approximately $34,000. Central Pacific Bank Trust Division purchased a new stake in Super Micro Computer during the first quarter valued at approximately $34,000. Finally, IMG Wealth Management Inc. raised its holdings 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 worth $36,000 after buying an additional 500 shares during the last quarter. Hedge funds and other institutional investors own 84.06% of the company's stock.

Super Micro Computer Price Performance

SMCI stock traded up $0.29 during trading on Tuesday, hitting $44.36. The company had a trading volume of 18,086,128 shares, compared to its average volume of 38,313,720. Super Micro Computer, Inc. has a fifty-two week low of $17.25 and a fifty-two week high of $66.44. The company has a current ratio of 5.32, a quick ratio of 3.32 and a debt-to-equity ratio of 0.74. The firm has a market capitalization of $26.47 billion, a price-to-earnings ratio of 26.72, a P/E/G ratio of 1.10 and a beta of 1.46. The business has a 50 day moving average of $49.07 and a 200 day moving average of $42.74.

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 for the quarter, missing analysts' consensus estimates of $0.44 by ($0.03). The business had revenue of $5.76 billion during the quarter, compared to analyst estimates of $5.88 billion. Super Micro Computer had a net margin of 4.77% and a return on equity of 17.14%. Super Micro Computer's revenue was up 8.5% compared to the same quarter last year. During the same period in the previous year, the company posted $6.25 earnings per share. 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 predict that Super Micro Computer, Inc. will post 1.86 earnings per share for the current year.

Insiders Place Their Bets

In other Super Micro Computer news, Director Liang Chiu-Chu Sara Liu sold 200,000 shares of the business's stock in a transaction dated Monday, July 28th. The stock was sold at an average price of $60.00, for a total transaction of $12,000,000.00. Following the sale, the director owned 40,426,120 shares in the company, valued at approximately $2,425,567,200. The trade was a 0.49% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Charles Liang sold 200,000 shares of the stock in a transaction that occurred 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 transaction, the chief executive officer owned 40,426,120 shares in the company, valued at $2,425,567,200. This represents a 0.49% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 1,040,000 shares of company stock worth $52,755,200. Company insiders own 16.30% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. The Goldman Sachs Group upped their price objective on shares of Super Micro Computer from $24.00 to $27.00 and gave the stock a "sell" rating in a research report on Wednesday, August 6th. Barclays lifted their target price on shares of Super Micro Computer from $29.00 to $45.00 and gave the stock an "equal weight" rating in a research note on Thursday, August 7th. Northland Securities set a $59.00 price target on shares of Super Micro Computer in a research note on Wednesday, May 7th. Zacks Research raised shares of Super Micro Computer to a "hold" rating in a research report on Monday, August 11th. Finally, Rosenblatt Securities decreased their price target on shares of Super Micro Computer from $55.00 to $50.00 and set a "buy" rating for the company in a research note on Wednesday, May 7th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $44.75.

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.