Vident Advisory LLC Purchases 90,777 Shares of Super Micro Computer, Inc. $SMCI

Key Points

• Vident Advisory LLC has increased its position in Super Micro Computer, purchasing 90,777 shares and now owns a total of 235,920 shares valued at approximately $8.08 million.
• A number of hedge funds, including Eastern Bank and Bernard Wealth Management Corp., have recently acquired new positions in Super Micro Computer, indicating a strong interest among institutional investors.
• Different analysts have provided various ratings for Super Micro Computer, with Needham & Company upgrading the stock to a "buy" and setting a target price of $60.00, while Goldman Sachs issued a "sell" rating with a target price of $27.00.

Vident Advisory LLC raised its position in Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) by 62.5% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 235,920 shares of the company's stock after acquiring an additional 90,777 shares during the quarter. Vident Advisory LLC's holdings in Super Micro Computer were worth $8,078,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of SMCI. Gordian Capital Singapore Pte Ltd grew its holdings in Super Micro Computer by 60,000.0% during the 1st quarter. Gordian Capital Singapore Pte Ltd now owns 3,005 shares of the company's stock valued at $103,000 after buying an additional 3,000 shares in the last quarter. CreativeOne Wealth LLC increased its holdings in Super Micro Computer by 19.3% during the 1st quarter. CreativeOne Wealth LLC now owns 17,887 shares of the company's stock worth $612,000 after purchasing an additional 2,895 shares during the period. Comerica Bank bought a new stake in shares of Super Micro Computer in the 1st quarter valued at about $2,360,000. SVB Wealth LLC bought a new stake in Super Micro Computer during the 1st quarter valued at $55,000. Finally, Smartleaf Asset Management LLC boosted its holdings in shares of Super Micro Computer by 32.9% in the 1st quarter. Smartleaf Asset Management LLC now owns 1,590 shares of the company's stock valued at $54,000 after buying an additional 394 shares in the last quarter. Hedge funds and other institutional investors own 84.06% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on SMCI shares. Barclays upped their price target on shares of Super Micro Computer from $29.00 to $45.00 and gave the company an "equal weight" rating in a report on Thursday, August 7th. JPMorgan Chase & Co. decreased their price objective on Super Micro Computer from $46.00 to $45.00 and set a "neutral" rating on the stock in a report on Wednesday, August 6th. Needham & Company LLC upped their price target on Super Micro Computer from $39.00 to $60.00 and gave the stock a "buy" rating in a research note on Wednesday, August 6th. The Goldman Sachs Group upped their price objective on Super Micro Computer from $24.00 to $27.00 and gave the stock a "sell" rating in a research report on Wednesday, August 6th. Finally, Bank of America assumed coverage on shares of Super Micro Computer in a report on Wednesday, July 9th. They set an "underperform" rating and a $35.00 price target 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 issued a Sell rating to the company. According to MarketBeat, Super Micro Computer currently has a consensus rating of "Hold" and a consensus target price of $45.31.

Insider Activity

In related news, CEO Charles Liang sold 200,000 shares of Super Micro Computer stock in a transaction dated 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 transaction, the chief executive officer directly owned 40,426,120 shares of the company's stock, valued at $2,425,567,200. The trade was a 0.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP George Kao sold 40,000 shares of the 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 sale, the senior vice president owned 21,820 shares of the company's stock, valued at $957,461.60. This trade represents a 64.70% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 1,040,000 shares of company stock worth $52,755,200. 16.30% of the stock is currently owned by insiders.

Super Micro Computer Price Performance

Shares of SMCI traded down $2.43 during trading hours on Friday, reaching $41.54. The company had a trading volume of 36,727,979 shares, compared to its average volume of 33,210,516. The firm has a 50 day simple moving average of $48.99 and a 200-day simple moving average of $42.81. The company has a market capitalization of $24.69 billion, a price-to-earnings ratio of 25.02, a PEG ratio of 1.04 and a beta of 1.56. Super Micro Computer, Inc. has a 12-month low of $17.25 and a 12-month high of $66.44. The company has a current ratio of 5.25, a quick ratio of 3.25 and a debt-to-equity ratio of 0.74.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The company reported $0.41 EPS for the quarter, missing analysts' consensus estimates of $0.44 by ($0.03). Super Micro Computer had a net margin of 4.77% and a return on equity of 17.14%. The company had revenue of $5.76 billion for the quarter, compared to analyst estimates of $5.88 billion. During the same period in the previous year, the business earned $6.25 EPS. The firm's 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. Research analysts expect that Super Micro Computer, Inc. will post 1.86 earnings per share 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.