Truvestments Capital LLC Has $462,000 Stock Position in Super Micro Computer, Inc. $SMCI

Key Points

• Truvestments Capital LLC has reduced its stake in Super Micro Computer, Inc. by 57.1%, selling approximately 17,960 shares and leaving it with 13,491 shares valued at $462,000.
• Recent analyst reports show varied ratings on Super Micro Computer, with a consensus rating of "Hold" and average target price of $45.31.
• Despite a revenue increase of 8.5% year-over-year, Super Micro Computer reported a miss on earnings per share estimates, with Q1 earnings of $0.41 compared to analysts' expectations of $0.44.

Truvestments Capital LLC lessened its holdings in Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) by 57.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,491 shares of the company's stock after selling 17,960 shares during the period. Truvestments Capital LLC's holdings in Super Micro Computer were worth $462,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of SMCI. Eastern Bank acquired a new stake in shares of Super Micro Computer in the 1st quarter valued at approximately $29,000. Bernard Wealth Management Corp. bought a new position in Super Micro Computer in the 4th quarter valued at approximately $33,000. Quarry LP acquired a new stake in Super Micro Computer in the fourth quarter valued at approximately $34,000. Central Pacific Bank Trust Division bought a new stake in shares of Super Micro Computer during the first quarter worth $34,000. Finally, IMG Wealth Management Inc. increased its holdings in shares of Super Micro Computer by 90.7% during the first quarter. IMG Wealth Management Inc. now owns 1,051 shares of the company's stock worth $36,000 after buying an additional 500 shares in the last quarter. Institutional investors and hedge funds own 84.06% of the company's stock.

Super Micro Computer Trading Down 5.5%

SMCI stock traded down $2.43 during midday trading on Friday, hitting $41.54. The stock had a trading volume of 36,727,979 shares, compared to its average volume of 33,410,732. The company has a current ratio of 5.32, a quick ratio of 3.32 and a debt-to-equity ratio of 0.74. The firm has a market cap of $24.79 billion, a P/E ratio of 25.02, a price-to-earnings-growth ratio of 1.10 and a beta of 1.46. The business has a fifty day moving average price of $48.99 and a two-hundred day moving average price of $42.78. 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 issued its quarterly earnings results on Tuesday, August 5th. The company reported $0.41 EPS for the quarter, missing analysts' consensus estimates of $0.44 by ($0.03). The firm had revenue of $5.76 billion for the quarter, compared to the consensus estimate of $5.88 billion. Super Micro Computer had a net margin of 4.77% and a return on equity of 17.14%. The business's revenue was up 8.5% compared to the same quarter last year. During the same period last year, the company posted $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 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Super Micro Computer news, SVP George Kao sold 40,000 shares of the stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $43.88, for a total transaction of $1,755,200.00. Following the transaction, the senior vice president directly owned 21,820 shares in the company, valued at approximately $957,461.60. This represents a 64.70% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Liang Chiu-Chu Sara Liu sold 200,000 shares of the firm's stock in a transaction that occurred on Monday, July 28th. The stock was sold at an average price of $60.00, for a total transaction of $12,000,000.00. Following the sale, the director directly owned 40,426,120 shares of the company's stock, valued at approximately $2,425,567,200. This trade represents a 0.49% decrease in their position. The disclosure for this sale can be found here. Insiders sold 1,040,000 shares of company stock valued at $52,755,200 over the last 90 days. Company insiders own 16.30% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. Raymond James Financial started coverage on Super Micro Computer in a report on Wednesday, June 25th. They set an "outperform" rating on the stock. Bank of America began coverage on Super Micro Computer in a research note on Wednesday, July 9th. They set an "underperform" rating and a $35.00 price target on the stock. Mizuho boosted their price target on Super Micro Computer from $40.00 to $47.00 and gave the stock a "neutral" rating in a report on Thursday, July 3rd. JPMorgan Chase & Co. dropped their price objective on shares of Super Micro Computer from $46.00 to $45.00 and set a "neutral" rating for the company in a report on Wednesday, August 6th. Finally, The Goldman Sachs Group lifted their target price on shares of Super Micro Computer from $24.00 to $27.00 and gave the stock a "sell" rating in a research report on Wednesday, August 6th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average 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.