George Kao Sells 40,000 Shares of Super Micro Computer (NASDAQ:SMCI) Stock

Key Points

• George Kao, Senior Vice President of Super Micro Computer, sold 40,000 shares of stock for a total of $1.76 million, marking a 64.70% decrease in his ownership.
• The company reported $0.41 earnings per share for the last quarter, missing estimates by $0.03, and had a revenue of $5.76 billion, which was below expectations of $5.88 billion.
• Hedge funds collectively own 84.06% of Super Micro Computer's stock, with Vanguard Group recently increasing its stake by 2.7% in the second quarter.

Super Micro Computer, Inc. (NASDAQ:SMCI - Get Free Report) SVP George Kao sold 40,000 shares of the stock in a transaction dated 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 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 sale was disclosed in a document filed with the SEC, which is accessible through this link.

Super Micro Computer Stock Performance

Shares of SMCI traded up $0.29 during mid-day trading on Tuesday, hitting $44.36. 18,086,128 shares of the company's stock were exchanged, compared to its average volume of 54,792,398. The firm has a market capitalization of $26.47 billion, a P/E ratio of 26.72, a P/E/G ratio of 1.09 and a beta of 1.46. Super Micro Computer, Inc. has a fifty-two week low of $17.25 and a fifty-two week high of $66.44. The business's 50 day moving average is $49.04 and its two-hundred day moving average is $42.73. The company has a current ratio of 5.32, a quick ratio of 3.32 and a debt-to-equity ratio of 0.74.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) last posted its quarterly earnings results on Tuesday, August 5th. The company reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.03). The firm had revenue of $5.76 billion for the quarter, compared to analysts' expectations of $5.88 billion. Super Micro Computer had a return on equity of 17.14% and a net margin of 4.77%.The company's revenue for the quarter was up 8.5% on a year-over-year basis. During the same period in the prior year, the company earned $6.25 earnings per share. Super Micro Computer has set its Q1 2026 guidance at 0.400-0.520 EPS. FY 2026 guidance at EPS. On average, equities analysts expect that Super Micro Computer, Inc. will post 1.86 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Vanguard Group Inc. increased its stake in shares of Super Micro Computer by 2.7% during the 2nd quarter. Vanguard Group Inc. now owns 66,152,948 shares of the company's stock worth $3,242,156,000 after purchasing an additional 1,745,179 shares in the last quarter. Geode Capital Management LLC boosted its position in Super Micro Computer by 2.7% during the second quarter. Geode Capital Management LLC now owns 13,752,581 shares of the company's stock worth $671,316,000 after acquiring an additional 364,411 shares during the last quarter. Disciplined Growth Investors Inc. MN boosted its position in Super Micro Computer by 16.5% during the second quarter. Disciplined Growth Investors Inc. MN now owns 9,730,773 shares of the company's stock worth $476,905,000 after acquiring an additional 1,381,046 shares during the last quarter. Invesco Ltd. boosted its position in Super Micro Computer by 31.6% during the second quarter. Invesco Ltd. now owns 8,639,784 shares of the company's stock worth $423,436,000 after acquiring an additional 2,073,978 shares during the last quarter. Finally, Northern Trust Corp boosted its position in Super Micro Computer by 1,573.8% during the fourth quarter. Northern Trust Corp now owns 4,897,876 shares of the company's stock worth $149,287,000 after acquiring an additional 4,605,260 shares during the last quarter. 84.06% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on SMCI. Mizuho increased their price target on shares of Super Micro Computer from $40.00 to $47.00 and gave the stock a "neutral" rating in a report on Thursday, July 3rd. Northland Securities set a $59.00 price target on shares of Super Micro Computer in a report on Wednesday, May 7th. Rosenblatt Securities cut their price target on shares of Super Micro Computer from $55.00 to $50.00 and set a "buy" rating for the company in a report on Wednesday, May 7th. The Goldman Sachs Group increased their target price on shares of Super Micro Computer from $24.00 to $27.00 and gave the company a "sell" rating in a report on Wednesday, August 6th. Finally, JPMorgan Chase & Co. dropped their target price 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. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, Super Micro Computer currently has a consensus rating of "Hold" and an average target price of $44.75.

Super Micro Computer Company Profile

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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