US Bancorp DE Purchases 9,662 Shares of Super Micro Computer, Inc. $SMCI

Key Points

• US Bancorp DE increased its stake in Super Micro Computer by 24.6%, acquiring an additional 9,662 shares, bringing their total ownership to approximately $2.4 million as of the latest reporting period.
• Insider transactions revealed that significant company executives, including SVP George Kao and CFO David E. Weigand, sold large quantities of shares recently, indicating a 64.7% and 19.97% decrease in their respective positions.
• Super Micro Computer's earnings report showed an EPS of $0.41, missing analysts' expectations, and the company forecasts a target EPS range of 0.400-0.520 for Q1 2026.

US Bancorp DE grew its holdings in shares of Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) by 24.6% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 48,969 shares of the company's stock after purchasing an additional 9,662 shares during the quarter. US Bancorp DE's holdings in Super Micro Computer were worth $2,400,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Vontobel Holding Ltd. boosted its holdings in shares of Super Micro Computer by 50.2% in the second quarter. Vontobel Holding Ltd. now owns 46,309 shares of the company's stock worth $2,270,000 after acquiring an additional 15,478 shares during the period. Maryland State Retirement & Pension System boosted its stake in Super Micro Computer by 7.8% in the 2nd quarter. Maryland State Retirement & Pension System now owns 24,955 shares of the company's stock worth $1,223,000 after purchasing an additional 1,796 shares during the period. Fluent Financial LLC bought a new position in Super Micro Computer in the 2nd quarter worth about $2,831,000. Trust Asset Management LLC bought a new position in Super Micro Computer in the 2nd quarter worth about $283,000. Finally, KLP Kapitalforvaltning AS boosted its position in shares of Super Micro Computer by 1.8% in the second quarter. KLP Kapitalforvaltning AS now owns 176,700 shares of the company's stock valued at $8,660,000 after acquiring an additional 3,200 shares during the period. 84.06% of the stock is owned by institutional investors.

Insider Transactions at Super Micro Computer

In related news, SVP George Kao sold 40,000 shares of the stock in a transaction dated 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 completion of the transaction, the senior vice president directly owned 21,820 shares in the company, valued at $957,461.60. This trade represents a 64.70% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, 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 transaction, the chief financial officer directly owned 100,188 shares of the company's stock, valued at $4,522,486.32. This represents a 19.97% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 490,000 shares of company stock worth $27,890,950 in the last ninety days. 16.30% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on SMCI. Bank of America assumed coverage on shares of Super Micro Computer in a research report on Wednesday, July 9th. They issued an "underperform" rating and a $35.00 price objective for the company. Citigroup reiterated a "neutral" rating and set a $52.00 price target (up previously from $37.00) on shares of Super Micro Computer in a research report on Friday, July 11th. Barclays lifted their target price on shares of Super Micro Computer from $29.00 to $45.00 and gave the company an "equal weight" rating in a research report on Thursday, August 7th. 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, Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Super Micro Computer in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Super Micro Computer has an average rating of "Hold" and a consensus target price of $45.36.

Super Micro Computer Trading Down 3.0%

SMCI opened at $53.11 on Wednesday. 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 firm has a market capitalization of $31.56 billion, a price-to-earnings ratio of 31.99, a PEG ratio of 1.36 and a beta of 1.55. The business has a 50 day simple moving average of $46.40 and a two-hundred day simple moving average of $43.74. Super Micro Computer, Inc. has a one year low of $17.25 and a one 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 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 company had revenue of $5.76 billion during the quarter, compared to the consensus estimate of $5.88 billion. During the same period in the previous year, the company earned $6.25 earnings per share. Super Micro Computer's quarterly revenue was up 8.5% on a year-over-year basis. Super Micro Computer has set its Q1 2026 guidance at 0.400-0.520 EPS. FY 2026 guidance at EPS. Analysts predict that Super Micro Computer, Inc. will post 1.86 EPS for the current year.

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.

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