Super Micro Computer (NASDAQ:SMCI) Stock Acquired Rep. Julie Johnson

Representative Julie Johnson (D-Texas) recently bought shares of Super Micro Computer, Inc. NASDAQ: SMCI. In a filing disclosed on February 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Super Micro Computer stock on January 15th. The trade occurred in the Representative's "MERRILL LYNCH TAX EFFICIENT CORE" account.

Representative Julie Johnson also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Dell Technologies NYSE: DELL on 1/28/2025.
• Sold $1,001 - $15,000 in shares of PepsiCo NASDAQ: PEP on 1/28/2025.
• Sold $1,001 - $15,000 in shares of Intuit NASDAQ: INTU on 1/28/2025.
• Sold $1,001 - $15,000 in shares of ALLETE NYSE: ALE on 1/28/2025.
• Sold $1,001 - $15,000 in shares of PPG Industries NYSE: PPG on 1/27/2025.
• Purchased $1,001 - $15,000 in shares of Progressive NYSE: PGR on 1/24/2025.
• Purchased $1,001 - $15,000 in shares of The Goldman Sachs Group NYSE: GS on 1/24/2025.
• Sold $1,001 - $15,000 in shares of Chubb NYSE: CB on 1/24/2025.
• Sold $1,001 - $15,000 in shares of Morgan Stanley NYSE: MS on 1/24/2025.
• Purchased $1,001 - $15,000 in shares of Merck & Co., Inc. NYSE: MRK on 1/17/2025.

Super Micro Computer Stock Up 13.3 %

NASDAQ:SMCI traded up $5.63 during trading hours on Monday, hitting $47.91. 132,026,965 shares of the stock traded hands, compared to its average volume of 35,788,788. The firm has a 50 day moving average price of $33.59 and a 200 day moving average price of $39.97. The firm has a market cap of $28.05 billion, a price-to-earnings ratio of 24.05 and a beta of 1.30. Super Micro Computer, Inc. has a fifty-two week low of $17.25 and a fifty-two week high of $122.90. The company has a current ratio of 3.77, a quick ratio of 1.93 and a debt-to-equity ratio of 0.32.

Hedge Funds Weigh In On Super Micro Computer

Several large investors have recently made changes to their positions in the business. CWM LLC boosted its holdings in Super Micro Computer by 11.7% during the third quarter. CWM LLC now owns 2,773 shares of the company's stock valued at $1,155,000 after purchasing an additional 290 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt grew its holdings in shares of Super Micro Computer by 252.8% in the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 374 shares of the company's stock worth $156,000 after purchasing an additional 268 shares during the last quarter. Exchange Traded Concepts LLC lifted its holdings in Super Micro Computer by 276.9% during the 3rd quarter. Exchange Traded Concepts LLC now owns 1,779 shares of the company's stock valued at $741,000 after purchasing an additional 1,307 shares during the last quarter. Creative Planning boosted its position in Super Micro Computer by 9.1% in the third quarter. Creative Planning now owns 9,038 shares of the company's stock valued at $3,763,000 after buying an additional 755 shares in the last quarter. Finally, Ulland Investment Advisors LLC grew its stake in Super Micro Computer by 19.9% during the third quarter. Ulland Investment Advisors LLC now owns 5,000 shares of the company's stock worth $2,082,000 after buying an additional 830 shares during the last quarter. Institutional investors and hedge funds own 84.06% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on SMCI shares. Northland Securities reissued an "outperform" rating and set a $57.00 price target (up from $54.00) on shares of Super Micro Computer in a research report on Wednesday, February 12th. JPMorgan Chase & Co. increased their price target on shares of Super Micro Computer from $23.00 to $35.00 and gave the stock an "underweight" rating in a research report on Wednesday, February 12th. Wedbush boosted their price objective on shares of Super Micro Computer from $24.00 to $40.00 and gave the company a "neutral" rating in a research report on Wednesday, February 12th. The Goldman Sachs Group cut their target price on shares of Super Micro Computer from $67.50 to $28.00 and set a "neutral" rating for the company in a research report on Wednesday, November 6th. Finally, Loop Capital boosted their price target on shares of Super Micro Computer from $40.00 to $50.00 and gave the company a "buy" rating in a report on Wednesday, February 12th. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Super Micro Computer presently has a consensus rating of "Hold" and a consensus target price of $60.20.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas' 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027. Johnson (Democratic Party) ran for election to the U.S. House to represent Texas' 32nd Congressional District. She won in the general election on November 5, 2024. Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson's career experience includes working as an attorney.

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.