Royal Bank of Canada Decreases Stake in Super Micro Computer, Inc. $SMCI

Royal Bank of Canada lowered its position in Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) by 12.6% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 652,403 shares of the company's stock after selling 94,407 shares during the period. Royal Bank of Canada owned approximately 0.11% of Super Micro Computer worth $22,338,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Eastern Bank purchased a new stake in Super Micro Computer during the 1st quarter worth approximately $29,000. Central Pacific Bank Trust Division purchased a new stake in Super Micro Computer during the 1st quarter worth approximately $34,000. IMG Wealth Management Inc. grew its position in Super Micro Computer by 90.7% during the 1st quarter. IMG Wealth Management Inc. now owns 1,051 shares of the company's stock worth $36,000 after purchasing an additional 500 shares during the last quarter. Bernard Wealth Management Corp. purchased a new stake in Super Micro Computer during the 4th quarter worth approximately $33,000. Finally, Versant Capital Management Inc grew its position in Super Micro Computer by 664.9% during the 1st quarter. Versant Capital Management Inc now owns 1,178 shares of the company's stock worth $40,000 after purchasing an additional 1,024 shares during the last quarter. Hedge funds and other institutional investors own 84.06% of the company's stock.

Insider Buying and Selling at Super Micro Computer

In other news, SVP George Kao sold 40,000 shares of Super Micro Computer 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 transaction, the senior vice president directly owned 21,820 shares of the company's stock, valued at $957,461.60. The trade was a 64.70% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Liang Chiu-Chu Sara Liu sold 300,000 shares of Super Micro Computer stock in a transaction on Wednesday, June 18th. The shares were sold at an average price of $45.00, for a total transaction of $13,500,000.00. Following the completion of the transaction, the director owned 66,903,640 shares in the company, valued at approximately $3,010,663,800. This trade represents a 0.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 1,065,000 shares of company stock valued at $53,762,450. Insiders own 16.30% of the company's stock.

Super Micro Computer Trading Up 7.2%

Shares of SMCI traded up $2.88 during mid-day trading on Tuesday, reaching $42.92. The stock had a trading volume of 37,265,479 shares, compared to its average volume of 23,017,740. The company has a debt-to-equity ratio of 0.74, a current ratio of 5.25 and a quick ratio of 3.25. Super Micro Computer, Inc. has a 52-week low of $17.25 and a 52-week high of $66.44. The business's fifty day moving average is $48.25 and its 200 day moving average is $42.23. The firm has a market cap of $25.51 billion, a price-to-earnings ratio of 25.86, a P/E/G ratio of 1.00 and a beta of 1.56.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) last announced its earnings results on Tuesday, August 5th. The company reported $0.41 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.03). The company had revenue of $5.76 billion for the quarter, compared to analysts' expectations of $5.88 billion. Super Micro Computer had a return on equity of 17.14% and a net margin of 4.77%.The company's quarterly revenue was up 8.5% compared to the same quarter last year. During the same period last year, the business earned $6.25 EPS. Super Micro Computer has set its Q1 2026 guidance at 0.400-0.520 EPS. FY 2026 guidance at EPS. On average, sell-side analysts predict that Super Micro Computer, Inc. will post 1.86 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts have weighed in on SMCI shares. Zacks Research raised shares of Super Micro Computer to a "hold" rating in a research report on Monday, August 11th. Wedbush restated a "neutral" rating and set a $30.00 price objective on shares of Super Micro Computer in a research note on Monday, August 4th. Needham & Company LLC lifted their price objective on shares of Super Micro Computer from $39.00 to $60.00 and gave the company a "buy" rating in a research note on Wednesday, August 6th. Bank of America assumed coverage on shares of Super Micro Computer in a research note on Wednesday, July 9th. They set an "underperform" rating and a $35.00 price objective for the company. Finally, Raymond James Financial initiated coverage on shares of Super Micro Computer in a research note on Wednesday, June 25th. They set an "outperform" rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target 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.