Rep. Robert Bresnahan, Jr. Sells Off Shares of Super Micro Computer, Inc. (NASDAQ:SMCI)

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of Super Micro Computer, Inc. (NASDAQ:SMCI). In a filing disclosed on May 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in Super Micro Computer stock on April 8th. The trade occurred in the Representative’s “JP MORGAN BROKERAGE ACCOUNT” account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 4/17/2025.
• Sold $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 4/16/2025.
• Sold $1,001 – $15,000 in shares of Western Digital (NASDAQ:WDC) on 4/11/2025.
• Sold $1,001 – $15,000 in shares of Western Digital (NASDAQ:WDC) on 4/10/2025.
• Sold $1,001 – $15,000 in shares of DexCom (NASDAQ:DXCM) on 4/8/2025.
• Sold $1,001 – $15,000 in shares of Invesco (NYSE:IVZ) on 4/8/2025.
• Sold $1,001 – $15,000 in shares of Generac (NYSE:GNRC) on 4/8/2025.
• Sold $15,001 – $50,000 in shares of Occidental Petroleum (NYSE:OXY) on 4/8/2025.
• Sold $15,001 – $50,000 in shares of Pfizer (NYSE:PFE) on 4/8/2025.
• Sold $1,001 – $15,000 in shares of QUALCOMM (NASDAQ:QCOM) on 4/8/2025.

Super Micro Computer Price Performance

NASDAQ:SMCI opened at $32.02 on Monday. Super Micro Computer, Inc. has a 52-week low of $17.25 and a 52-week high of $101.40. The stock has a fifty day moving average of $35.37 and a 200 day moving average of $35.09. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.93 and a current ratio of 3.77. The firm has a market capitalization of $19.11 billion, a price-to-earnings ratio of 16.07 and a beta of 1.36.

Super Micro Computer (NASDAQ:SMCI) last issued its quarterly earnings data on Tuesday, May 6th. The company reported $0.31 EPS for the quarter, topping the consensus estimate of $0.30 by $0.01. Super Micro Computer had a return on equity of 30.57% and a net margin of 8.09%. The company had revenue of $4.60 billion during the quarter, compared to analyst estimates of $5.40 billion. During the same quarter in the previous year, the firm earned $0.66 earnings per share. Super Micro Computer’s revenue was up 19.5% on a year-over-year basis. On average, research analysts expect that Super Micro Computer, Inc. will post 1.86 EPS for the current fiscal year.

Insider Activity

In other Super Micro Computer news, SVP George Kao sold 71,720 shares of the firm’s stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $50.48, for a total transaction of $3,620,425.60. Following the completion of the transaction, the senior vice president now owns 19,449 shares of the company’s stock, valued at approximately $981,785.52. This trade represents a 78.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Charles Liang sold 46,293 shares of the business’s stock in a transaction on 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 sale, the chief executive officer now owns 67,403,640 shares in the company, valued at approximately $3,381,640,618.80. This trade represents a 0.07% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 137,473 shares of company stock valued at $6,771,552. Corporate insiders own 17.60% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently commented on SMCI. Loop Capital reissued a “buy” rating on shares of Super Micro Computer in a research note on Tuesday, February 18th. StockNews.com upgraded Super Micro Computer to a “sell” rating in a research report on Thursday. KGI Securities began coverage on Super Micro Computer in a research report on Wednesday. They issued a “neutral” rating for the company. Mizuho set a $34.00 price target on shares of Super Micro Computer in a research report on Tuesday, May 6th. Finally, Citigroup assumed coverage on shares of Super Micro Computer in a research note on Tuesday, May 6th. They set a “neutral” rating and a $39.00 price target on the stock. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Super Micro Computer has an average rating of “Hold” and a consensus price target of $45.53.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Clear Creek Financial Management LLC purchased a new position in shares of Super Micro Computer during the fourth quarter valued at approximately $635,000. Nepsis Inc. bought a new stake in Super Micro Computer in the fourth quarter valued at $13,625,000. Fifth Third Bancorp increased its position in Super Micro Computer by 1,476.6% during the 4th quarter. Fifth Third Bancorp now owns 12,266 shares of the company’s stock valued at $374,000 after purchasing an additional 11,488 shares during the period. Oak Thistle LLC bought a new position in Super Micro Computer in the 4th quarter worth $277,000. Finally, Diversify Advisory Services LLC purchased a new stake in shares of Super Micro Computer in the 4th quarter worth about $5,113,000. Institutional investors own 84.06% of the company’s stock.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania’s 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania’s 8th Congressional District. He declared candidacy for the 2026 election.

Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

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.