Rep. Julie Johnson Sells Super Micro Computer, Inc. (NASDAQ:SMCI) Stock

Representative Julie Johnson (D-Texas) recently sold shares of Super Micro Computer, Inc. NASDAQ: SMCI. In a filing disclosed on May 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in Super Micro Computer stock on April 1st. The trade occurred in the Representative's "MERRILL LYNCH TAX EFFICIENT CORE" account.

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

• Purchased $1,001 - $15,000 in shares of Fidelity National Information Services NYSE: FIS on 4/30/2025.
• Sold $1,001 - $15,000 in shares of Blackstone NYSE: BX on 4/22/2025.
• Purchased $1,001 - $15,000 in shares of Fidelity National Information Services NYSE: FIS on 4/22/2025.
• Sold $1,001 - $15,000 in shares of United Parcel Service NYSE: UPS on 4/15/2025.
• Sold $1,001 - $15,000 in shares of United Parcel Service NYSE: UPS on 4/11/2025.
• Purchased $1,001 - $15,000 in shares of 3M NYSE: MMM on 4/11/2025.
• Sold $1,001 - $15,000 in shares of DT Midstream NYSE: DTM on 4/7/2025.
• Sold $1,001 - $15,000 in shares of Intuitive Surgical NASDAQ: ISRG on 4/7/2025.
• Sold $1,001 - $15,000 in shares of Howmet Aerospace NYSE: HWM on 4/7/2025.
• Sold $1,001 - $15,000 in shares of Carlisle Companies NYSE: CSL on 4/7/2025.

Super Micro Computer Trading Up 5.0%

NASDAQ:SMCI traded up $2.19 during trading hours on Friday, hitting $46.15. The company had a trading volume of 97,589,817 shares, compared to its average volume of 72,604,574. The company has a 50-day moving average of $35.58 and a 200 day moving average of $35.07. Super Micro Computer, Inc. has a 1 year low of $17.25 and a 1 year high of $101.40. The company has a market cap of $27.54 billion, a P/E ratio of 23.17 and a beta of 1.36. The company has a current ratio of 3.77, a quick ratio of 1.93 and a debt-to-equity ratio of 0.32.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) last posted its quarterly earnings results on Tuesday, May 6th. The company reported $0.31 earnings per share for the quarter, beating analysts' consensus estimates of $0.30 by $0.01. The firm had revenue of $4.60 billion for the quarter, compared to the consensus estimate of $5.40 billion. Super Micro Computer had a return on equity of 30.57% and a net margin of 8.09%. The company's revenue for the quarter was up 19.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.66 earnings per share. Sell-side analysts expect that Super Micro Computer, Inc. will post 1.86 earnings per share for the current year.

Insider Buying and Selling

In other Super Micro Computer news, CEO Charles Liang sold 46,293 shares of the company's stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $50.17, for a total transaction of $2,322,519.81. Following the transaction, the chief executive officer now owns 67,403,640 shares in the company, valued at approximately $3,381,640,618.80. This represents a 0.07% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Robert L. Blair sold 19,460 shares of the stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $42.58, for a total transaction of $828,606.80. The disclosure for this sale can be found here. Insiders have sold a total of 137,473 shares of company stock worth $6,771,552 in the last ninety days. Company insiders own 17.60% of the company's stock.

Institutional Trading of Super Micro Computer

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Murchinson Ltd. bought a new position in shares of Super Micro Computer in the first quarter worth about $428,000. Needham Investment Management LLC raised its position in shares of Super Micro Computer by 1.6% in the first quarter. Needham Investment Management LLC now owns 1,432,500 shares of the company's stock valued at $49,049,000 after purchasing an additional 22,500 shares during the period. Nissay Asset Management Corp Japan ADV increased its position in Super Micro Computer by 1.1% during the first quarter. Nissay Asset Management Corp Japan ADV now owns 66,795 shares of the company's stock worth $2,287,000 after acquiring an additional 723 shares during the period. NewEdge Advisors LLC increased its holdings in Super Micro Computer by 99.6% in the 1st quarter. NewEdge Advisors LLC now owns 71,747 shares of the company's stock valued at $2,457,000 after buying an additional 35,799 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Super Micro Computer by 61.2% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 519,716 shares of the company's stock valued at $17,795,000 after purchasing an additional 197,371 shares during the last quarter. 84.06% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

SMCI has been the topic of several research reports. KGI Securities assumed coverage on Super Micro Computer in a research note on Wednesday, May 7th. They set a "neutral" rating on the stock. Northland Securities set a $59.00 price target on Super Micro Computer in a research note on Wednesday, May 7th. Wedbush reissued a "neutral" rating and set a $30.00 price target (down from $40.00) on shares of Super Micro Computer in a report on Wednesday, May 7th. The Goldman Sachs Group lowered Super Micro Computer from a "neutral" rating to a "sell" rating and reduced their price objective for the stock from $40.00 to $32.00 in a research report on Monday, March 24th. Finally, Loop Capital restated a "buy" rating on shares of Super Micro Computer in a research report on Tuesday, February 18th. Three research analysts have rated the stock with a sell rating, eleven have issued a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Super Micro Computer currently has an average rating of "Hold" and a consensus price target of $45.25.

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.

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