Rep. Tim Moore Buys Super Micro Computer, Inc. (NASDAQ:SMCI) Shares

Key Points

• Representative Tim Moore of North Carolina has purchased between $15,001 and $50,000 in shares of Super Micro Computer (NASDAQ:SMCI) on April 30th, as disclosed on June 13th.
• Super Micro Computer's stock price recently reached $53.48, experiencing a significant increase from its one-year low of $17.25 and high of $73.00.
• In the latest quarterly earnings report, Super Micro Computer reported $0.31 EPS, surpassing analysts' expectations, but missed revenue projections with $4.60 billion against the estimated $5.40 billion.
• Insider trading activity includes CEO Charles Liang selling 300,000 shares for $13.5 million, as well as recent significant buying activity from institutional investors, notably TD Private Client Wealth LLC increasing its stake by 46%.

Representative Tim Moore (R-North Carolina) recently bought shares of Super Micro Computer, Inc. NASDAQ: SMCI. In a filing disclosed on June 13th, the Representative disclosed that they had bought between $15,001 and $50,000 in Super Micro Computer stock on April 30th.

Representative Tim Moore also recently made the following trade(s):

• Sold $50,001 - $100,000 in shares of American Airlines Group NASDAQ: AAL on 6/17/2025.
• Purchased $100,001 - $250,000 in shares of American Airlines Group NASDAQ: AAL on 6/16/2025.
• Sold $50,001 - $100,000 in shares of American Airlines Group NASDAQ: AAL on 6/16/2025.
• Sold $100,001 - $250,000 in shares of Apple NASDAQ: AAPL on 6/2/2025.
• Purchased $50,001 - $100,000 in shares of Apple NASDAQ: AAPL on 6/2/2025.
• Sold $50,001 - $100,000 in shares of Harley-Davidson NYSE: HOG on 5/14/2025.
• Sold $250,001 - $500,000 in shares of American Airlines Group NASDAQ: AAL on 5/2/2025.
• Sold $15,001 - $50,000 in shares of Super Micro Computer NASDAQ: SMCI on 5/2/2025.
• Purchased $15,001 - $50,000 in shares of Harley-Davidson NYSE: HOG on 5/1/2025.
• Purchased $15,001 - $50,000 in shares of American Airlines Group NASDAQ: AAL on 4/22/2025.

Super Micro Computer Stock Up 3.7%

Shares of NASDAQ:SMCI traded up $1.95 during midday trading on Friday, reaching $54.47. The company had a trading volume of 34,065,757 shares, compared to its average volume of 33,038,150. The company has a debt-to-equity ratio of 0.38, a current ratio of 6.66 and a quick ratio of 3.95. The stock's fifty day moving average price is $45.94 and its 200-day moving average price is $39.96. The stock has a market capitalization of $32.51 billion, a P/E ratio of 28.65, a PEG ratio of 2.56 and a beta of 1.43. Super Micro Computer, Inc. has a one year low of $17.25 and a one year high of $73.00.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) last issued its quarterly earnings results on Tuesday, May 6th. The company reported $0.31 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.30 by $0.01. The business had revenue of $4.60 billion during the quarter, compared to analyst estimates of $5.40 billion. Super Micro Computer had a net margin of 5.61% and a return on equity of 20.41%. The business's revenue was up 19.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.66 earnings per share. Equities research analysts expect that Super Micro Computer, Inc. will post 1.86 earnings per share for the current fiscal year.

Insider Transactions at Super Micro Computer

In other news, CFO David E. Weigand sold 67,000 shares of the stock in a transaction that occurred on Tuesday, May 20th. The shares were sold at an average price of $44.02, for a total value of $2,949,340.00. Following the completion of the sale, the chief financial officer directly owned 88,599 shares of the company's stock, valued at $3,900,127.98. This represents a 43.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Charles Liang sold 300,000 shares of the stock in a transaction that occurred on Wednesday, June 18th. The stock was sold at an average price of $45.00, for a total transaction of $13,500,000.00. Following the completion of the sale, the chief executive officer directly owned 66,903,640 shares of the company's stock, valued at $3,010,663,800. This trade represents a 0.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 667,000 shares of company stock valued at $29,949,340 over the last three months. 17.60% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

SMCI has been the subject of several analyst reports. Needham & Company LLC reissued a "buy" rating and set a $39.00 price target on shares of Super Micro Computer in a report on Wednesday, May 7th. Raymond James Financial initiated coverage on shares of Super Micro Computer in a report on Wednesday, June 25th. They set an "outperform" rating for the company. Barclays reissued an "equal weight" rating and set a $34.00 price target on shares of Super Micro Computer in a report on Tuesday, May 6th. Rosenblatt Securities reduced 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. Finally, Wall Street Zen raised shares of Super Micro Computer to a "sell" rating in a report on Thursday, May 8th. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating, seven have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $42.89.

Institutional Trading of Super Micro Computer

Several institutional investors and hedge funds have recently bought and sold shares of SMCI. Stratos Wealth Partners LTD. acquired a new stake in Super Micro Computer during the 4th quarter worth about $386,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of Super Micro Computer in the fourth quarter worth approximately $79,000. Empowered Funds LLC lifted its position in shares of Super Micro Computer by 12.9% in the fourth quarter. Empowered Funds LLC now owns 10,010 shares of the company's stock worth $305,000 after purchasing an additional 1,140 shares in the last quarter. Kestra Private Wealth Services LLC lifted its position in shares of Super Micro Computer by 819.5% in the fourth quarter. Kestra Private Wealth Services LLC now owns 26,069 shares of the company's stock worth $795,000 after purchasing an additional 23,234 shares in the last quarter. Finally, Hartford Investment Management Co. purchased a new stake in shares of Super Micro Computer in the fourth quarter worth approximately $954,000. Institutional investors and hedge funds own 84.06% of the company's stock.

About Representative Moore

Timothy K. Moore (Republican Party) is a member of the U.S. House, representing North Carolina's 14th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Moore (Republican Party) ran for election to the U.S. House to represent North Carolina's 14th Congressional District. He won in the general election on November 5, 2024. Moore served as speaker of the House from 2015 to 2025. Timothy Moore earned his B.A. from the University of North Carolina-Chapel Hill in 1992 and his J.D. from the Oklahoma City University School of Law in 1995. His professional experience includes working as an attorney.

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.