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

Key Points

• Assenagon Asset Management cut its Super Micro Computer stake by 70.3% in the third quarter, selling 1.53 million shares and retaining 645,677 shares valued at approximately $26.5 million. Institutional investors collectively own 84.06% of SMCI.
• Super Micro reported quarterly EPS of $1.70, well above the $0.92 analyst consensus, while revenue rose 93.2% year over year to $11.12 billion but fell short of estimates. The company guided to fiscal Q1 2027 EPS of $1.01–$1.10.
• Analysts maintain a consensus “Hold” rating with an average price target of $43.07, compared with the stock’s reported $31.63 price. Insiders also sold 400,000 shares worth $16.44 million over the past three months, including sales by CEO Charles Liang and director Chiu-Chu Liang.

Assenagon Asset Management S.A. lessened its holdings in shares of Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) by 70.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 645,677 shares of the company's stock after selling 1,529,186 shares during the period. Assenagon Asset Management S.A. owned 0.10% of Super Micro Computer worth $26,518,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of SMCI. Dimensional Fund Advisors LP increased its holdings in Super Micro Computer by 2.8% in the first quarter. Dimensional Fund Advisors LP now owns 4,082,780 shares of the company's stock valued at $92,872,000 after purchasing an additional 111,388 shares during the period. Swiss National Bank boosted its holdings in Super Micro Computer by 7.6% in the first quarter. Swiss National Bank now owns 1,576,800 shares of the company's stock valued at $35,904,000 after acquiring an additional 111,100 shares during the last quarter. Hsbc Holdings PLC boosted its holdings in Super Micro Computer by 13.7% in the fourth quarter. Hsbc Holdings PLC now owns 1,134,891 shares of the company's stock valued at $33,203,000 after acquiring an additional 137,180 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in Super Micro Computer by 1.3% in the first quarter. Principal Financial Group Inc. now owns 565,746 shares of the company's stock valued at $12,882,000 after acquiring an additional 7,373 shares during the last quarter. Finally, Ardmore Road Asset Management LP bought a new stake in Super Micro Computer in the first quarter valued at approximately $11,954,000. Institutional investors and hedge funds own 84.06% of the company's stock.

Super Micro Computer Stock Performance

Shares of SMCI stock opened at $31.63 on Monday. The company has a current ratio of 3.87, a quick ratio of 2.07 and a debt-to-equity ratio of 0.65. The firm has a fifty day simple moving average of $38.84 and a two-hundred day simple moving average of $33.51. Super Micro Computer, Inc. has a 12 month low of $19.48 and a 12 month high of $56.60. The firm has a market capitalization of $20.78 billion, a PE ratio of 9.88, a price-to-earnings-growth ratio of 0.61 and a beta of 2.02.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) last released its quarterly earnings data on Tuesday, August 11th. The company reported $1.70 earnings per share for the quarter, beating analysts' consensus estimates of $0.92 by $0.78. The firm had revenue of $11.12 billion for the quarter, compared to analyst estimates of $11.60 billion. Super Micro Computer had a net margin of 5.71% and a return on equity of 27.83%. The business's quarterly revenue was up 93.2% compared to the same quarter last year. During the same period last year, the firm earned $0.31 earnings per share. Super Micro Computer has set its Q1 2027 guidance at 1.010-1.100 EPS. Analysts forecast that Super Micro Computer, Inc. will post 3.94 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on SMCI shares. Weiss Ratings reiterated a "hold (c)" rating on shares of Super Micro Computer in a research report on Monday, September 21st. Stifel Nicolaus set a $42.00 target price on shares of Super Micro Computer in a report on Wednesday, August 12th. Northland Securities set a $36.00 target price on shares of Super Micro Computer in a report on Wednesday, July 22nd. Barclays set a $39.00 target price on Super Micro Computer and gave the stock an "equal weight" rating in a report on Wednesday, August 12th. Finally, Sanford C. Bernstein set a $42.00 target price on Super Micro Computer in a report on Thursday, August 13th. Four equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $43.07.

Insiders Place Their Bets

In other Super Micro Computer news, CEO Charles Liang sold 100,000 shares of the firm's stock in a transaction on Wednesday, October 7th. The stock was sold at an average price of $45.02, for a total transaction of $4,502,000.00. Following the transaction, the chief executive officer directly owned 337,506 shares in the company, valued at approximately $15,194,520.12. This trade represents a 22.86% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Chiu-Chu Liang sold 100,000 shares of the firm's stock in a transaction on Wednesday, October 7th. The shares were sold at an average price of $45.02, for a total value of $4,502,000.00. Following the transaction, the director owned 337,506 shares in the company, valued at approximately $15,194,520.12. This trade represents a 22.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 400,000 shares of company stock valued at $16,442,000 over the last three months. 16.10% of the stock is currently owned by insiders.

Key Stories Impacting Super Micro Computer

Here are the key news stories impacting Super Micro Computer this week:

• Positive Sentiment: New CFO could improve financial oversight: Super Micro appointed Mark Long, a former Western Digital finance executive, as chief financial officer effective October 15. His experience may help strengthen accounting, reporting, and cash-management processes. Super Micro appoints Mark Long as chief financial officer
• Positive Sentiment: Some analysts still see substantial upside: Rosenblatt Securities reaffirmed its “buy” rating with a $51 price target, while one longer-term analysis estimated a potential target near $72. These targets reflect confidence in Super Micro’s exposure to AI server demand. Wall Street sets SMCI stock price target
• Neutral Sentiment: Valuation is inexpensive but may reflect execution risks: Super Micro trades at roughly 9.8 times earnings, well below the S&P 500 median cited in the analysis. Investors must determine whether the discount represents a bargain or reflects concerns that reported profits are not translating into cash. Is SMCI Stock A Real Bargain?
• Negative Sentiment: The CFO transition raises governance concerns: The replacement came nearly two years after an advisory committee reportedly sought the former CFO’s removal. Coverage also highlights a nearly $7 billion use of free cash flow and prior legal and compliance controversies, increasing scrutiny of Super Micro’s financial controls. Super Micro’s CFO is out after change was slow-walked
• Negative Sentiment: AI hardware-sector concerns are weighing on SMCI: Investors are questioning the timing and financing of enterprise AI infrastructure spending, pressuring Super Micro alongside Dell and Hewlett Packard Enterprise. The sector-wide risk-off move is adding to company-specific concerns. AI financing worries extend hardware selloff

Super Micro Computer Profile

Super Micro Computer, Inc develops and sells high-performance server and storage systems for data centers, cloud computing, enterprise IT, telecommunications, and other demanding computing environments. The company offers application-optimized servers, workstations, blade and rack systems, storage solutions, networking products, and related infrastructure.

Supermicro also provides systems designed for artificial intelligence, machine learning, accelerated computing, and other workloads that use graphics processing units and specialized processors.

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