Super Micro Computer, Inc. $SMCI Shares Sold by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. trimmed its position in shares of Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) by 19.2% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 132,378 shares of the company's stock after selling 31,399 shares during the period. Assenagon Asset Management S.A.'s holdings in Super Micro Computer were worth $6,488,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Eastern Bank acquired a new stake in shares of Super Micro Computer in the 1st quarter worth approximately $29,000. Bernard Wealth Management Corp. acquired a new stake in shares of Super Micro Computer in the 4th quarter worth approximately $33,000. Central Pacific Bank Trust Division acquired a new stake in shares of Super Micro Computer in the 1st quarter worth approximately $34,000. Beaird Harris Wealth Management LLC acquired a new stake in shares of Super Micro Computer in the 1st quarter worth approximately $34,000. Finally, IMG Wealth Management Inc. lifted its stake in shares of Super Micro Computer by 90.7% in the 1st quarter. IMG Wealth Management Inc. now owns 1,051 shares of the company's stock worth $36,000 after acquiring an additional 500 shares during the period. 84.06% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on SMCI shares. Needham & Company LLC upped their price target on shares of Super Micro Computer from $39.00 to $60.00 and gave the stock a "buy" rating in a research note on Wednesday, August 6th. JPMorgan Chase & Co. cut their target price on shares of Super Micro Computer from $46.00 to $45.00 and set a "neutral" rating for the company in a research note on Wednesday, August 6th. Wedbush reissued a "neutral" rating and set a $30.00 target price on shares of Super Micro Computer in a research note on Monday, August 4th. The Goldman Sachs Group increased their target price on shares of Super Micro Computer from $24.00 to $27.00 and gave the company a "sell" rating in a research note on Wednesday, August 6th. Finally, Citigroup reissued a "neutral" rating and set a $52.00 target price (up from $37.00) on shares of Super Micro Computer in a research note on Friday, July 11th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Super Micro Computer currently has an average rating of "Hold" and an average price target of $45.36.

Super Micro Computer Stock Performance

Shares of SMCI opened at $46.99 on Wednesday. The company's fifty day moving average is $47.43 and its 200-day moving average is $42.45. Super Micro Computer, Inc. has a 12 month low of $17.25 and a 12 month high of $66.44. The firm has a market cap of $27.92 billion, a price-to-earnings ratio of 28.31, a price-to-earnings-growth ratio of 1.17 and a beta of 1.56. The company has a quick ratio of 3.25, a current ratio of 5.25 and a debt-to-equity ratio of 0.74.

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 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 for the quarter, compared to analyst estimates of $5.88 billion. During the same quarter last year, the company earned $6.25 EPS. The business'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. Equities analysts expect that Super Micro Computer, Inc. will post 1.86 EPS for the current fiscal year.

Insider Activity

In other Super Micro Computer news, SVP George Kao sold 40,000 shares of the stock in a transaction on Friday, August 22nd. The shares were 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 directly owned 21,820 shares of the company's stock, valued at $957,461.60. This represents a 64.70% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Liang Chiu-Chu Sara Liu sold 200,000 shares of the stock in a transaction on Monday, July 28th. The shares were sold at an average price of $60.00, for a total transaction of $12,000,000.00. Following the completion of the sale, the director directly owned 40,426,120 shares of the company's stock, valued at approximately $2,425,567,200. This trade represents a 0.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 490,000 shares of company stock valued at $27,890,950 in the last quarter. 16.30% of the stock is currently owned by corporate insiders.

Super Micro Computer Company Profile

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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