Cibc World Market Inc. reduced its position in Super Micro Computer, Inc. (NASDAQ:SMCI – Free Report) by 46.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 95,889 shares of the company’s stock after selling 82,199 shares during the quarter. Cibc World Market Inc.’s holdings in Super Micro Computer were worth $2,807,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Fairscale Capital LLC grew its holdings in shares of Super Micro Computer by 12.5% during the third quarter. Fairscale Capital LLC now owns 2,693 shares of the company’s stock valued at $129,000 after purchasing an additional 300 shares during the last quarter. CI Investments Inc. grew its holdings in shares of Super Micro Computer by 12.1% during the third quarter. CI Investments Inc. now owns 3,001 shares of the company’s stock valued at $144,000 after purchasing an additional 324 shares during the last quarter. CIBC Private Wealth Group LLC grew its holdings in shares of Super Micro Computer by 11.8% during the third quarter. CIBC Private Wealth Group LLC now owns 3,206 shares of the company’s stock valued at $154,000 after purchasing an additional 339 shares during the last quarter. Murphy & Mullick Capital Management Corp grew its holdings in shares of Super Micro Computer by 42.1% during the third quarter. Murphy & Mullick Capital Management Corp now owns 1,165 shares of the company’s stock valued at $57,000 after purchasing an additional 345 shares during the last quarter. Finally, City State Bank grew its holdings in shares of Super Micro Computer by 4.9% during the fourth quarter. City State Bank now owns 7,500 shares of the company’s stock valued at $220,000 after purchasing an additional 350 shares during the last quarter. 84.06% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
SMCI has been the subject of several recent research reports. Argus reaffirmed a “hold” rating on shares of Super Micro Computer in a report on Friday, March 20th. Wall Street Zen raised Super Micro Computer from a “sell” rating to a “hold” rating in a report on Sunday, February 15th. Citigroup reaffirmed a “neutral” rating and set a $31.00 target price (up from $25.00) on shares of Super Micro Computer in a report on Wednesday, May 6th. Needham & Company LLC reaffirmed a “buy” rating and set a $40.00 target price on shares of Super Micro Computer in a report on Wednesday, May 6th. Finally, Bank of America lowered their target price on 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, eleven have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $39.00.
Super Micro Computer Stock Performance
Shares of SMCI stock opened at $43.99 on Tuesday. Super Micro Computer, Inc. has a 12-month low of $19.48 and a 12-month high of $62.36. The firm has a market capitalization of $26.46 billion, a price-to-earnings ratio of 23.28, a price-to-earnings-growth ratio of 0.69 and a beta of 1.86. The business has a 50 day simple moving average of $31.46 and a 200 day simple moving average of $31.19. The company has a debt-to-equity ratio of 0.88, a current ratio of 2.66 and a quick ratio of 1.29.
Super Micro Computer (NASDAQ:SMCI – Get Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $0.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.63 by $0.21. Super Micro Computer had a return on equity of 17.49% and a net margin of 3.70%.The business had revenue of $10.24 billion during the quarter, compared to analyst estimates of $12.39 billion. During the same period in the prior year, the company posted $0.31 EPS. The business’s revenue for the quarter was up 122.7% compared to the same quarter last year. Super Micro Computer has set its Q4 2026 guidance at 0.650-0.790 EPS. On average, equities research analysts anticipate that Super Micro Computer, Inc. will post 2.12 EPS for the current year.
Super Micro Computer Company Profile
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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