Super Micro Computer, Inc. $SMCI Shares Sold by Texas Permanent School Fund Corp

Key Points

• Texas Permanent School Fund Corp reduced its stake in Super Micro Computer (NASDAQ:SMCI) by 32.8%, selling 17,622 shares and leaving it with 36,149 shares worth about $1.77 million.
• Super Micro reported a quarterly EPS of $0.35 versus $0.46 expected and revenue of $5.02 billion (vs. $6.48B expected), with revenue down 15.5% year-over-year and Q2 2026 guidance of $0.460–$0.540 EPS.
• Analysts are mixed: the consensus rating is Hold with an average target of $48.38, comprising 8 Buys, 8 Holds and 2 Sells, and several firms recently cut price targets.

Texas Permanent School Fund Corp lowered its stake in shares of Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) by 32.8% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 36,149 shares of the company's stock after selling 17,622 shares during the quarter. Texas Permanent School Fund Corp's holdings in Super Micro Computer were worth $1,772,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of SMCI. Twin Peaks Wealth Advisors LLC purchased a new stake in Super Micro Computer in the second quarter valued at approximately $25,000. Anfield Capital Management LLC acquired a new position in shares of Super Micro Computer in the 2nd quarter valued at $25,000. Beaird Harris Wealth Management LLC acquired a new position in shares of Super Micro Computer in the 1st quarter valued at $34,000. Advisors Asset Management Inc. purchased a new stake in Super Micro Computer in the 1st quarter valued at $39,000. Finally, Orion Capital Management LLC acquired a new stake in Super Micro Computer during the 2nd quarter worth $39,000. Institutional investors and hedge funds own 84.06% of the company's stock.

Analyst Ratings Changes

SMCI has been the topic of several analyst reports. Rosenblatt Securities lowered their target price on Super Micro Computer from $60.00 to $55.00 and set a "buy" rating on the stock in a research note on Wednesday, November 5th. Argus set a $64.00 price objective on shares of Super Micro Computer in a research report on Thursday, November 6th. Wedbush cut their price objective on shares of Super Micro Computer from $48.00 to $42.00 and set a "neutral" rating for the company in a research report on Wednesday, November 5th. The Goldman Sachs Group set a $34.00 target price on shares of Super Micro Computer and gave the company a "sell" rating in a report on Wednesday, November 5th. Finally, Barclays dropped their price target on shares of Super Micro Computer from $45.00 to $43.00 and set an "equal weight" rating on the stock in a research note on Wednesday, November 5th. Eight analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat, Super Micro Computer has a consensus rating of "Hold" and an average target price of $48.38.

Super Micro Computer Stock Performance

NASDAQ SMCI opened at $31.07 on Tuesday. Super Micro Computer, Inc. has a fifty-two week low of $25.71 and a fifty-two week high of $66.44. The stock has a market cap of $18.55 billion, a price-to-earnings ratio of 24.86, a price-to-earnings-growth ratio of 0.64 and a beta of 1.53. The business has a fifty day moving average of $39.93 and a 200-day moving average of $44.97. The company has a quick ratio of 2.95, a current ratio of 5.39 and a debt-to-equity ratio of 0.72.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) last announced its quarterly earnings data on Tuesday, November 4th. The company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by ($0.11). Super Micro Computer had a net margin of 3.77% and a return on equity of 12.70%. The firm had revenue of $5.02 billion for the quarter, compared to analysts' expectations of $6.48 billion. During the same period in the previous year, the company posted $0.73 EPS. The business's quarterly revenue was down 15.5% on a year-over-year basis. Super Micro Computer has set its Q2 2026 guidance at 0.460-0.540 EPS. As a group, analysts predict that Super Micro Computer, Inc. will post 1.86 earnings per share for the current fiscal year.

Super Micro Computer Company Profile

Super Micro Computer, Inc (Supermicro) is a technology company that designs, develops and manufactures high-performance server, storage and networking solutions for enterprise, cloud, data center, high performance computing (HPC) and edge computing customers. The company's product portfolio includes rackmount and blade servers, storage subsystems, motherboards, chassis, power supplies and networking components, with an emphasis on high-density, energy-efficient configurations and platforms optimized for GPU-accelerated workloads and artificial intelligence applications.

Headquartered in San Jose, California, Supermicro combines in-house engineering with a global manufacturing and distribution footprint to deliver configurable, application-specific systems.

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