Super Micro Computer, Inc. $SMCI Shares Sold by Diligent Investors LLC

Key Points

• Diligent Investors LLC significantly reduced its stake in Super Micro Computer, Inc. by 57.4% during the 2nd quarter, leaving it with 4,680 shares valued at $229,000.
• Analysts have mixed views on the stock; major firms like JPMorgan and Goldman Sachs have decreased their price targets, with the consensus target price now at $45.36.
• Insiders have recently sold significant amounts of their stock, including CFO David E. Weigand and Director Liang Chiu-Chu Sara Liu, indicating potential concerns about future performance.

Diligent Investors LLC reduced its stake in Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) by 57.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,680 shares of the company's stock after selling 6,318 shares during the quarter. Diligent Investors LLC's holdings in Super Micro Computer were worth $229,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its stake in shares of Super Micro Computer by 3.9% during the 1st quarter. Vanguard Group Inc. now owns 64,407,769 shares of the company's stock worth $2,205,322,000 after purchasing an additional 2,415,276 shares during the last quarter. Nuveen LLC purchased a new position in shares of Super Micro Computer during the first quarter valued at approximately $53,031,000. Analog Century Management LP purchased a new position in shares of Super Micro Computer during the first quarter valued at approximately $32,284,000. American Century Companies Inc. boosted its position in Super Micro Computer by 434.0% during the first quarter. American Century Companies Inc. now owns 859,821 shares of the company's stock worth $29,440,000 after acquiring an additional 698,814 shares during the last quarter. Finally, Woodline Partners LP grew its stake in Super Micro Computer by 1,946.1% in the 1st quarter. Woodline Partners LP now owns 618,768 shares of the company's stock worth $21,187,000 after acquiring an additional 588,526 shares during the period. Hedge funds and other institutional investors own 84.06% of the company's stock.

Analysts Set New Price Targets

SMCI has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. decreased their price objective on Super Micro Computer from $46.00 to $45.00 and set a "neutral" rating on the stock in a report on Wednesday, August 6th. Barclays raised their price target on 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. The Goldman Sachs Group lifted 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. Wedbush reiterated a "neutral" rating and set a $30.00 price objective on shares of Super Micro Computer in a report on Monday, August 4th. Finally, Mizuho boosted their target price on shares of Super Micro Computer from $40.00 to $47.00 and gave the company a "neutral" rating in a report on Thursday, July 3rd. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, ten have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $45.36.

Insiders Place Their Bets

In other news, CFO David E. Weigand sold 25,000 shares of the firm's stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $45.14, for a total transaction of $1,128,500.00. Following the completion of the sale, the chief financial officer owned 100,188 shares of the company's stock, valued at approximately $4,522,486.32. This trade represents a 19.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Liang Chiu-Chu Sara Liu sold 200,000 shares of the company's 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 in the company, valued at $2,425,567,200. This represents a 0.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 490,000 shares of company stock valued at $27,890,950. Corporate insiders own 16.30% of the company's stock.

Super Micro Computer Stock Down 1.0%

Shares of Super Micro Computer stock opened at $51.96 on Friday. The business has a 50-day moving average of $46.87 and a 200-day moving average of $42.92. The company has a debt-to-equity ratio of 0.74, a current ratio of 5.25 and a quick ratio of 3.25. The company has a market capitalization of $30.88 billion, a PE ratio of 31.30, a P/E/G ratio of 1.30 and a beta of 1.55. Super Micro Computer, Inc. has a 1-year low of $17.25 and a 1-year high of $66.44.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) last released 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 during the quarter, compared to analyst estimates of $5.88 billion. During the same quarter last year, the firm posted $6.25 EPS. The company's revenue 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. As a group, equities analysts forecast that Super Micro Computer, Inc. will post 1.86 EPS for the current fiscal year.

Super Micro Computer 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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