Leonteq Securities AG raised its position in shares of Super Micro Computer, Inc. (NASDAQ:SMCI – Free Report) by 77.1% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 302,300 shares of the company’s stock after purchasing an additional 131,602 shares during the period. Leonteq Securities AG owned 0.05% of Super Micro Computer worth $6,883,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Advisors Asset Management Inc. acquired a new position in shares of Super Micro Computer during the first quarter worth approximately $39,000. EverSource Wealth Advisors LLC raised its stake in Super Micro Computer by 42.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,479 shares of the company’s stock valued at $171,000 after acquiring an additional 1,036 shares in the last quarter. Baird Financial Group Inc. raised its stake in Super Micro Computer by 54.9% during the 2nd quarter. Baird Financial Group Inc. now owns 18,955 shares of the company’s stock valued at $929,000 after acquiring an additional 6,718 shares in the last quarter. Flow Traders U.S. LLC acquired a new position in Super Micro Computer during the 2nd quarter worth $277,000. Finally, Daiwa Securities Group Inc. grew its stake in shares of Super Micro Computer by 3.4% in the second quarter. Daiwa Securities Group Inc. now owns 85,647 shares of the company’s stock worth $4,198,000 after purchasing an additional 2,799 shares in the last quarter. Institutional investors own 84.06% of the company’s stock.
Super Micro Computer Trading Down 1.6%
NASDAQ SMCI opened at $27.22 on Friday. The firm’s 50 day moving average price is $33.68 and its two-hundred day moving average price is $30.87. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.29 and a current ratio of 2.66. Super Micro Computer, Inc. has a twelve month low of $19.48 and a twelve month high of $62.36. The stock has a market cap of $16.37 billion, a price-to-earnings ratio of 14.40, a PEG ratio of 0.35 and a beta of 1.95.
Super Micro Computer News Summary
Here are the key news stories impacting Super Micro Computer this week:
- Positive Sentiment: Supermicro announced a partnership with StorMagic to deliver virtualized edge infrastructure solutions, which could support its growth in edge computing, remote offices, and small data centers. StorMagic, Supermicro (SMCI) Partner to Deliver Virtualized Edge Infrastructure Solutions
- Neutral Sentiment: GraniteShares announced monthly distributions for its Autocallable SMCI ETF, reflecting continued investor interest in SMCI-linked trading products rather than a direct operational change for Super Micro. GraniteShares Announces Monthly Distributions for its Autocallable ETFs
- Neutral Sentiment: Some market commentary continues to frame SMCI as a major AI-infrastructure play and a potential beneficiary of datacenter spending, helping keep the stock in focus despite the recent controversy. Forget Super Micro Computer: Google Wins as AI Infrastructure Rotation Gains Momentum in July
- Negative Sentiment: Investors remain worried about the Taiwan probe, which involves alleged illegal export of Nvidia chips and has already led to employee detentions and questioning by prosecutors. Super Micro Faces Export-Control Scrutiny in Taiwan
- Negative Sentiment: Super Micro’s attempt to reassure customers and say it is not the target of the investigation has not fully calmed the market, suggesting the headline risk is still weighing on sentiment. Super Micro’s Comments on Chip Smuggling Inquiry Lift the Stock
Wall Street Analyst Weigh In
A number of equities research analysts recently weighed in on the stock. Mizuho lifted their price objective on shares of Super Micro Computer from $36.00 to $44.00 and gave the company a “neutral” rating in a research note on Monday, June 1st. Needham & Company LLC reissued a “buy” rating and set a $40.00 target price on shares of Super Micro Computer in a research note on Wednesday, May 6th. Wolfe Research started coverage on shares of Super Micro Computer in a research report on Thursday, June 11th. They set a “peer perform” rating on the stock. JPMorgan Chase & Co. upped their price target on shares of Super Micro Computer from $28.00 to $32.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. Finally, Bank of America decreased their price objective on shares of Super Micro Computer from $34.00 to $24.00 and set an “underperform” rating for the company in a report on Tuesday, March 24th. Four investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $38.57.
Check Out Our Latest Report on Super Micro Computer
About Super Micro Computer
Super Micro Computer, Inc (Supermicro) is a technology company that designs, develops and manufactures high-performance server, storage and networking solutions for enterprise, cloud, data center, high performance computing (HPC) and edge computing customers. The company’s product portfolio includes rackmount and blade servers, storage subsystems, motherboards, chassis, power supplies and networking components, with an emphasis on high-density, energy-efficient configurations and platforms optimized for GPU-accelerated workloads and artificial intelligence applications.
Headquartered in San Jose, California, Supermicro combines in-house engineering with a global manufacturing and distribution footprint to deliver configurable, application-specific systems.
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