Torrey Growth & Income Advisors lessened its holdings in shares of Super Micro Computer, Inc. (NASDAQ:SMCI – Free Report) by 47.2% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,495 shares of the company’s stock after selling 18,285 shares during the quarter. Torrey Growth & Income Advisors’ holdings in Super Micro Computer were worth $834,000 at the end of the most recent reporting period.
Several other large investors have also recently modified their holdings of SMCI. Quest 10 Wealth Builders Inc. raised its position in shares of Super Micro Computer by 235.2% in the third quarter. Quest 10 Wealth Builders Inc. now owns 600 shares of the company’s stock valued at $25,000 after purchasing an additional 421 shares during the period. TOP Private Wealth LLC. purchased a new stake in shares of Super Micro Computer during the 2nd quarter valued at approximately $42,000. Comprehensive Financial Planning Inc. PA bought a new position in Super Micro Computer in the 2nd quarter worth approximately $43,000. Heritage Family Offices LLP bought a new position in Super Micro Computer in the 3rd quarter worth approximately $43,000. Finally, Contravisory Investment Management Inc. bought a new position in Super Micro Computer in the 2nd quarter worth approximately $49,000. Hedge funds and other institutional investors own 84.06% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities research analysts have issued reports on the stock. Bank of America boosted their target price on shares of Super Micro Computer from $38.00 to $39.00 and gave the company an “underperform” rating in a report on Wednesday, November 4th. Wedbush increased their target price on Super Micro Computer from $34.00 to $40.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 12th. Mizuho raised their price target on Super Micro Computer from $35.00 to $43.00 and gave the stock a “neutral” rating in a report on Tuesday, October 6th. Oppenheimer raised Super Micro Computer to an “outperform” rating in a report on Wednesday, November 4th. Finally, Raymond James Financial reiterated an “outperform” rating and issued a $65.00 price target on shares of Super Micro Computer in a research report on Wednesday, November 4th. Four investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $43.08.
View Our Latest Report on SMCI
Insider Activity at Super Micro Computer
In other news, Director Chiu-Chu Liang sold 100,000 shares of the business’s stock in a transaction on Wednesday, October 7th. The shares were sold at an average price of $45.02, for a total transaction of $4,502,000.00. Following the completion of the transaction, the director directly owned 337,506 shares in the company, valued at $15,194,520.12. The trade was a 22.86% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Charles Liang sold 100,000 shares of the business’s stock in a transaction on Wednesday, October 7th. The shares were sold at an average price of $45.02, for a total transaction of $4,502,000.00. Following the transaction, the chief executive officer owned 337,506 shares of the company’s stock, valued at $15,194,520.12. This trade represents a 22.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 400,000 shares of company stock worth $16,442,000 over the last quarter. Corporate insiders own 16.10% of the company’s stock.
Key Stories Impacting Super Micro Computer
Here are the key news stories impacting Super Micro Computer this week:
- Positive Sentiment: Super Micro raised its fiscal 2027 revenue outlook to $72 billion–$82 billion from $65 billion–$72 billion. CEO commentary that even the higher range is “very, very conservative” reinforces confidence in demand for the company’s AI servers. Article: Super Micro CEO Calls a $72 Billion to $82 Billion Outlook “Very, Very Conservative”
- Positive Sentiment: Northland Securities raised its Q4 2028 EPS estimate to $1.64 from $1.56, signaling improved expectations for future earnings.
- Positive Sentiment: Zacks added SMCI to its Rank #1 (Strong Buy) list and its Strong Buy value-stocks list, which may support investor sentiment. Article: New Strong Buy Stocks for November 10th Article: Best Value Stocks to Buy for November 10th
- Negative Sentiment: Broader concerns about tighter rules for AI data centers have weighed on technology stocks. If restrictions affect data-center expansion, they could temper demand expectations for AI-server suppliers such as Super Micro. Article: Lumentum Holdings And 2 AI Infrastructure Stocks To Own
Super Micro Computer Trading Down 0.6%
Shares of Super Micro Computer stock opened at $28.60 on Tuesday. Super Micro Computer, Inc. has a 12-month low of $19.48 and a 12-month high of $51.40. The company has a market cap of $18.79 billion, a price-to-earnings ratio of 6.10, a PEG ratio of 0.46 and a beta of 2.17. The company has a current ratio of 3.02, a quick ratio of 2.07 and a debt-to-equity ratio of 0.56. The company’s 50-day moving average price is $37.27 and its 200-day moving average price is $32.64.
Super Micro Computer (NASDAQ:SMCI – Get Free Report) last released its quarterly earnings data on Tuesday, November 3rd. The company reported $1.81 EPS for the quarter, beating analysts’ consensus estimates of $1.28 by $0.53. The company had revenue of $19.95 billion during the quarter, compared to analyst estimates of $16.29 billion. Super Micro Computer had a net margin of 6.77% and a return on equity of 38.97%. Super Micro Computer’s revenue was up 297.5% compared to the same quarter last year. During the same period last year, the business earned $0.35 earnings per share. On average, equities analysts expect that Super Micro Computer, Inc. will post 4.31 earnings per share for the current fiscal year.
About Super Micro Computer
Super Micro Computer, Inc designs and sells server and storage systems, networking equipment, and related software and services. Its offerings include systems for data centers, cloud computing, enterprise applications, high-performance computing, artificial intelligence, and edge computing.
The company emphasizes application-optimized solutions, including integrated rack-scale systems that combine computing, storage, networking, and management tools. It also provides system configuration, deployment, and support services.
Founded in 1993 and headquartered in San Jose, California, Super Micro serves customers around the world.
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