Super Micro Computer, Inc. $SMCI Stock Sold by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. cut its stake in shares of Super Micro Computer, Inc. (NASDAQ:SMCI) by 21.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 65,253 shares of the company’s stock after selling 17,802 shares during the period. TD Waterhouse Canada Inc.’s holdings in Super Micro Computer were worth $2,737,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. SLT Holdings LLC grew its position in shares of Super Micro Computer by 3.0% in the third quarter. SLT Holdings LLC now owns 10,400 shares of the company’s stock valued at $427,000 after purchasing an additional 300 shares during the last quarter. World Equity Group Inc. increased its stake in shares of Super Micro Computer by 3.8% during the first quarter. World Equity Group Inc. now owns 9,877 shares of the company’s stock worth $225,000 after purchasing an additional 362 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in Super Micro Computer by 0.5% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 117,205 shares of the company’s stock worth $2,669,000 after purchasing an additional 564 shares during the last quarter. Focused Wealth Management Inc lifted its holdings in Super Micro Computer by 3.3% during the 1st quarter. Focused Wealth Management Inc now owns 21,245 shares of the company’s stock worth $484,000 after purchasing an additional 677 shares during the last quarter. Finally, MCF Advisors LLC lifted its holdings in Super Micro Computer by 22.8% during the 2nd quarter. MCF Advisors LLC now owns 3,667 shares of the company’s stock worth $108,000 after purchasing an additional 680 shares during the last quarter. Institutional investors own 84.06% of the company’s stock.

Super Micro Computer Price Performance

Shares of NASDAQ SMCI opened at $32.47 on Wednesday. The stock has a market capitalization of $21.33 billion, a PE ratio of 10.15, a P/E/G ratio of 0.62 and a beta of 2.02. The company has a debt-to-equity ratio of 0.65, a current ratio of 3.87 and a quick ratio of 2.07. The business has a fifty day moving average price of $38.87 and a two-hundred day moving average price of $33.64. Super Micro Computer, Inc. has a fifty-two week low of $19.48 and a fifty-two week high of $55.35.

Super Micro Computer (NASDAQ:SMCI) last released its earnings results on Tuesday, August 11th. The company reported $1.70 earnings per share for the quarter, beating analysts’ consensus estimates of $0.92 by $0.78. The firm had revenue of $11.12 billion during the quarter, compared to the consensus estimate of $11.60 billion. Super Micro Computer had a return on equity of 27.83% and a net margin of 5.71%. The company’s revenue was up 93.2% compared to the same quarter last year. During the same period in the prior year, the company posted $0.31 EPS. Super Micro Computer has set its Q1 2027 guidance at 1.010-1.100 EPS. As a group, equities analysts predict that Super Micro Computer, Inc. will post 3.94 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Barclays set a $39.00 price target on Super Micro Computer and gave the company an “equal weight” rating in a research note on Wednesday, August 12th. Citigroup reiterated a “neutral” rating and set a $45.00 price objective (up from $39.00) on shares of Super Micro Computer in a research report on Thursday, October 8th. Bank of America reiterated an “underperform” rating on shares of Super Micro Computer in a research report on Wednesday, August 12th. The Goldman Sachs Group reissued a “sell” rating and set a $34.00 target price (up from $30.00) on shares of Super Micro Computer in a report on Wednesday, August 12th. Finally, Sanford C. Bernstein set a $42.00 target price on shares of Super Micro Computer in a research report on Thursday, August 13th. Four analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Super Micro Computer currently has a consensus rating of “Hold” and an average price target of $43.07.

Key Super Micro Computer News

Here are the key news stories impacting Super Micro Computer this week:

• Positive Sentiment: Supermicro expects fiscal Q1 2027 revenue of $18.5 billion to $19.5 billion, well above its prior guidance of $14.5 billion to $15.5 billion and the roughly $14.94 billion analyst estimate. The sharp increase, attributed to stronger AI-platform demand, is the primary catalyst for the stock’s rise. Super Micro expects first-quarter revenue above estimates
• Positive Sentiment: The preliminary sales outlook suggests Supermicro is benefiting from continued spending on high-performance computing and AI data centers. The news also lifted other server makers, including Dell Technologies and Hewlett Packard Enterprise, in sympathy. Super Micro Computer Surges On Blowout Preliminary Revenue
• Positive Sentiment: Supermicro recently introduced Open Compute Project-based AI and high-performance-computing systems, racks, liquid-cooling equipment and networking hardware. The expanded portfolio could strengthen its position in dense, rack-scale AI deployments. The company also appointed Mark Long, formerly of Western Digital, as chief financial officer. Super Micro Computer Unveils OCP AI Systems And Names Mark Long CFO

Insider Transactions at Super Micro Computer

In other news, Director Chiu-Chu Liang sold 100,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 7th. The shares were sold at an average price of $45.02, for a total value of $4,502,000.00. Following the completion of the transaction, the director directly owned 337,506 shares in the company, valued at approximately $15,194,520.12. The trade was a 22.86% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 that occurred 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 chief executive officer owned 337,506 shares of the company’s stock, valued at $15,194,520.12. The trade was a 22.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 400,000 shares of company stock valued at $16,442,000. 16.10% of the stock is owned by insiders.

About Super Micro Computer

Super Micro Computer, Inc develops and sells high-performance server and storage systems for data centers, cloud computing, enterprise IT, telecommunications, and other demanding computing environments. The company offers application-optimized servers, workstations, blade and rack systems, storage solutions, networking products, and related infrastructure.

Supermicro also provides systems designed for artificial intelligence, machine learning, accelerated computing, and other workloads that use graphics processing units and specialized processors.