Super Micro Computer, Inc. $SMCI Stock Position Lifted by QRG Capital Management Inc.

Key Points

• QRG Capital Management increased its Super Micro Computer position by 17.6% in the second quarter to 90,158 shares valued at approximately $2.64 million. Other institutional investors also raised their stakes, with institutions owning 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 expectations.
• Analyst sentiment remains cautious, with an overall “Hold” rating and an average price target of $42.13. Meanwhile, the CEO and a director each sold 100,000 shares at $37.19 under pre-arranged Rule 10b5-1 trading plans.

QRG Capital Management Inc. raised its holdings in Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) by 17.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 90,158 shares of the company's stock after purchasing an additional 13,476 shares during the quarter. QRG Capital Management Inc.'s holdings in Super Micro Computer were worth $2,644,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in SMCI. MCF Advisors LLC raised its stake in shares of Super Micro Computer by 22.8% during the 2nd quarter. MCF Advisors LLC now owns 3,667 shares of the company's stock worth $108,000 after purchasing an additional 680 shares during the period. National Pension Service grew its position in Super Micro Computer by 191.7% during the second quarter. National Pension Service now owns 99,868 shares of the company's stock valued at $2,929,000 after buying an additional 65,632 shares during the period. NewEdge Advisors LLC increased its holdings in Super Micro Computer by 183.5% during the second quarter. NewEdge Advisors LLC now owns 158,321 shares of the company's stock worth $4,644,000 after buying an additional 102,474 shares during the last quarter. Baird Financial Group Inc. purchased a new stake in Super Micro Computer during the second quarter worth about $292,000. Finally, Allworth Financial LP raised its position in Super Micro Computer by 11.3% in the second quarter. Allworth Financial LP now owns 37,880 shares of the company's stock worth $1,111,000 after acquiring an additional 3,858 shares during the period. 84.06% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Super Micro Computer

In other news, Director Chiu-Chu Liang sold 100,000 shares of the company's stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $37.19, for a total transaction of $3,719,000.00. Following the sale, the director directly owned 537,506 shares in the company, valued at $19,989,848.14. This represents a 15.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Charles Liang sold 100,000 shares of the stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $37.19, for a total transaction of $3,719,000.00. Following the completion of the sale, the chief executive officer directly owned 537,506 shares in the company, valued at approximately $19,989,848.14. The trade was a 15.69% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 16.10% of the company's stock.

Super Micro Computer Price Performance

Shares of NASDAQ:SMCI opened at $43.26 on Friday. The firm has a market capitalization of $28.42 billion, a PE ratio of 13.52, a P/E/G ratio of 0.82 and a beta of 2.00. The company has a quick ratio of 2.07, a current ratio of 3.87 and a debt-to-equity ratio of 0.65. The company has a 50-day moving average price of $35.34 and a two-hundred day moving average price of $32.07. Super Micro Computer, Inc. has a twelve month low of $19.48 and a twelve month high of $58.78.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) last issued its earnings results on Tuesday, August 11th. The company reported $1.70 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.92 by $0.78. Super Micro Computer had a net margin of 5.71% and a return on equity of 27.83%. The business had revenue of $11.12 billion for the quarter, compared to analysts' expectations of $11.60 billion. During the same quarter in the previous year, the firm posted $0.31 EPS. The business's revenue for the quarter was up 93.2% compared to the same quarter last year. Super Micro Computer has set its Q1 2027 guidance at 1.010-1.100 EPS. Equities analysts forecast that Super Micro Computer, Inc. will post 4.04 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. Mizuho set a $35.00 target price on shares of Super Micro Computer and gave the company a "neutral" rating in a research note on Wednesday, August 12th. The Goldman Sachs Group restated a "sell" rating and set a $34.00 price target (up from $30.00) on shares of Super Micro Computer in a research note on Wednesday, August 12th. Northland Securities set a $36.00 price objective on Super Micro Computer in a research note on Wednesday, July 22nd. Citigroup increased their price objective on Super Micro Computer from $33.00 to $39.00 and gave the company a "neutral" rating in a report on Wednesday, August 12th. Finally, Bank of America reissued an "underperform" rating on shares of Super Micro Computer in a report on Wednesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Super Micro Computer currently has an average rating of "Hold" and an average price target of $42.13.

Trending Headlines about Super Micro Computer

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

• Positive Sentiment: Japan’s review of new AI financing initiatives is supporting interest in AI infrastructure suppliers, including Super Micro, by raising expectations for additional data-center and AI-server spending. What's Going On With Super Micro Stock Thursday
• Positive Sentiment: Super Micro has begun shipping NVIDIA’s Vera Rubin NVL72 liquid-cooled server racks. Its Data Center Building Block Solutions are designed to shorten deployment times, strengthening the company’s position as an integrated AI-infrastructure provider. Super Micro Computer Ships NVIDIA Vera Rubin NVL72 Racks
• Positive Sentiment: Reports cite a backlog of roughly $60 billion and a potential $72 billion revenue target, giving investors confidence in demand if Super Micro can convert orders into shipments and revenue. Super Micro’s Vera Rubin Shipments Put Its AI Infrastructure Advantage to the Test
• Positive Sentiment: Super Micro trades below 10 times forward earnings in one comparison, substantially below Hewlett Packard Enterprise’s roughly 14 times multiple. The discount may attract value-oriented investors, provided execution and margins hold up. HPE vs. Super Micro: Which AI Server Stock Offers the Better Risk-Reward?
• Neutral Sentiment: September short-interest data reported zero shares short and a zero-day short-interest ratio, an unusual result that offers little evidence of either significant bearish positioning or short-covering support.
• Negative Sentiment: The rollout of newer NVIDIA systems is also a competitive test: Super Micro must demonstrate that its rack integration, liquid cooling, supply chain, and margins can keep pace as AI-server designs change. Super Micro Stock Slips as New NVIDIA AI Systems Enter the Market
• Negative Sentiment: Broader AI stocks faced pressure as rising bond yields encouraged investors to reduce exposure to higher-growth technology shares, creating a market-related headwind for SMCI despite its company-specific catalysts. Intel, Marvell, Super Micro, Meta, MGM, and More Stocks That Explain Today’s Market

About Super Micro Computer

Super Micro Computer, Inc, doing business as Supermicro, develops and sells application-optimized server and storage systems. Its product portfolio includes servers, workstations, storage platforms, networking equipment, motherboards, chassis, power supplies and related software and support services.

The company also provides high-performance computing and data center infrastructure, including systems designed for artificial intelligence, machine learning, cloud computing, enterprise applications, telecommunications and edge computing.

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