Insider Buying: Super Micro Computer (NASDAQ:SMCI) Director Acquires $49,940.80 in Stock

Super Micro Computer, Inc. (NASDAQ:SMCI) Director Scott Angel acquired 1,715 shares of the stock in a transaction on Friday, November 6th. The shares were bought at an average cost of $29.12 per share, for a total transaction of $49,940.80. Following the purchase, the director directly owned 8,770 shares of the company’s stock, valued at $255,382.40. The trade was a 24.31% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website.

Super Micro Computer Stock Down 11.3%

NASDAQ SMCI opened at $26.99 on Friday. The business’s fifty day simple moving average is $36.76 and its 200-day simple moving average is $32.59. The company has a quick ratio of 1.66, a current ratio of 3.02 and a debt-to-equity ratio of 0.56. The firm has a market cap of $17.79 billion, a PE ratio of 5.75, a P/E/G ratio of 0.34 and a beta of 2.17. Super Micro Computer, Inc. has a 52 week low of $19.48 and a 52 week high of $51.40.

Super Micro Computer (NASDAQ:SMCI) last posted its quarterly earnings results on Tuesday, November 3rd. The company reported $1.81 earnings per share for the quarter, beating the consensus estimate of $1.28 by $0.53. Super Micro Computer had a net margin of 6.77% and a return on equity of 38.97%. The business had revenue of $19.95 billion during the quarter, compared to analysts’ expectations of $16.29 billion. During the same quarter in the prior year, the company posted $0.35 EPS. The business’s revenue for the quarter was up 297.5% on a year-over-year basis. As a group, equities analysts anticipate that Super Micro Computer, Inc. will post 5.90 earnings per share for the current year.

Key Super Micro Computer News

Here’s some of the latest news about SMCI:

• Positive Sentiment: Recent quarterly results beat analyst expectations, with revenue up sharply year over year. Zacks Research also upgraded SMCI from “hold” to “strong buy,” providing a positive analyst signal. Article: Buy 3 Top-Ranked Undervalued AI Infrastructure Giants
• Neutral Sentiment: Technology stocks also declined late Thursday, adding broader sector pressure, though company-specific regulatory concerns appear to be the more direct catalyst for SMCI. Article: Sector Update: Tech Stocks Fall Late Afternoon
• Negative Sentiment: Reports say the DOJ is investigating whether entities linked to Alice Huang were involved in attempts to smuggle Super Micro products into China. The allegations are not proof of wrongdoing, but the probe raises potential legal, compliance and reputational risks. Reports also say Singapore authorities have raised concerns about the company’s cooperation. Article: Super Micro Computer Slips on Report of DOJ Probe Into Alice Huang

Institutional Trading of Super Micro Computer

A number of hedge funds and other institutional investors have recently made changes to their positions in SMCI. Dimensional Fund Advisors LP increased its stake in shares of Super Micro Computer by 2.8% during the first quarter. Dimensional Fund Advisors LP now owns 4,082,780 shares of the company’s stock worth $92,872,000 after acquiring an additional 111,388 shares during the period. Assenagon Asset Management S.A. boosted its position in shares of Super Micro Computer by 1,770.4% during the 2nd quarter. Assenagon Asset Management S.A. now owns 2,174,863 shares of the company’s stock worth $63,789,000 after purchasing an additional 2,058,588 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its position in shares of Super Micro Computer by 1.8% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,158,768 shares of the company’s stock worth $47,591,000 after purchasing an additional 19,942 shares in the last quarter. Swiss National Bank increased its holdings in shares of Super Micro Computer by 7.6% in the 1st quarter. Swiss National Bank now owns 1,576,800 shares of the company’s stock valued at $35,904,000 after purchasing an additional 111,100 shares in the last quarter. Finally, Public Sector Pension Investment Board lifted its stake in shares of Super Micro Computer by 513.0% in the third quarter. Public Sector Pension Investment Board now owns 618,712 shares of the company’s stock valued at $24,210,000 after purchasing an additional 517,783 shares during the period. Institutional investors and hedge funds own 84.06% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Super Micro Computer in a research note on Monday, September 21st. Bank of America lifted their target price on Super Micro Computer from $38.00 to $39.00 and gave the company an “underperform” rating in a report on Wednesday, November 4th. Northland Securities set a $36.00 target price on shares of Super Micro Computer in a research note on Wednesday, July 22nd. Wall Street Zen raised shares of Super Micro Computer from a “hold” rating to a “buy” rating in a research report on Saturday, October 31st. Finally, Zacks Research raised Super Micro Computer from a “hold” rating to a “strong-buy” rating in a report on Tuesday. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, eleven have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $41.29.

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.