Redwood Wealth Management Group LLC Reduces Position in Super Micro Computer, Inc. $SMCI

Redwood Wealth Management Group LLC decreased its stake in shares of Super Micro Computer, Inc. (NASDAQ:SMCI) by 46.2% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 11,395 shares of the company’s stock after selling 9,800 shares during the quarter. Redwood Wealth Management Group LLC’s holdings in Super Micro Computer were worth $558,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. Tredje AP fonden increased its position in Super Micro Computer by 10.7% during the second quarter. Tredje AP fonden now owns 43,767 shares of the company’s stock worth $2,145,000 after buying an additional 4,247 shares in the last quarter. Lifeworks Advisors LLC grew its position in shares of Super Micro Computer by 621.3% in the second quarter. Lifeworks Advisors LLC now owns 77,892 shares of the company’s stock valued at $3,818,000 after purchasing an additional 67,093 shares during the period. Creative Financial Designs Inc. ADV grew its position in shares of Super Micro Computer by 23.2% in the second quarter. Creative Financial Designs Inc. ADV now owns 12,607 shares of the company’s stock valued at $618,000 after purchasing an additional 2,377 shares during the period. Kovack Advisors Inc. grew its position in shares of Super Micro Computer by 171.6% in the second quarter. Kovack Advisors Inc. now owns 15,902 shares of the company’s stock valued at $779,000 after purchasing an additional 10,046 shares during the period. Finally, Simon Quick Advisors LLC purchased a new stake in shares of Super Micro Computer in the second quarter valued at $227,000. Hedge funds and other institutional investors own 84.06% of the company’s stock.

Insider Transactions at Super Micro Computer

In other news, SVP George Kao sold 40,000 shares of the stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $43.88, for a total value of $1,755,200.00. Following the completion of the sale, the senior vice president owned 21,820 shares in the company, valued at approximately $957,461.60. This trade represents a 64.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO David E. Weigand sold 25,000 shares of the stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $45.14, for a total value of $1,128,500.00. Following the completion of the sale, the chief financial officer owned 100,188 shares of the company’s stock, valued at approximately $4,522,486.32. This trade represents a 19.97% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 90,000 shares of company stock valued at $3,890,950. Insiders own 16.30% of the company’s stock.

Super Micro Computer Price Performance

SMCI stock opened at $51.96 on Friday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 3.25 and a current ratio of 5.25. Super Micro Computer, Inc. has a 1 year low of $17.25 and a 1 year high of $66.44. The firm has a market cap of $30.88 billion, a P/E ratio of 31.30, a price-to-earnings-growth ratio of 1.30 and a beta of 1.55. The stock has a 50-day simple moving average of $48.26 and a 200-day simple moving average of $45.49.

Super Micro Computer (NASDAQ:SMCI) last posted its earnings results on Tuesday, August 5th. The company reported $0.41 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.03). Super Micro Computer had a net margin of 4.77% and a return on equity of 17.14%. The company had revenue of $5.76 billion during the quarter, compared to analyst estimates of $5.88 billion. During the same quarter last year, the business posted $6.25 EPS. Super Micro Computer’s quarterly revenue was up 8.5% compared to the same quarter last year. Super Micro Computer has set its Q1 2026 guidance at 0.400-0.520 EPS. FY 2026 guidance at EPS. On average, equities analysts predict that Super Micro Computer, Inc. will post 1.86 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on SMCI shares. Raymond James Financial reaffirmed an “outperform” rating and issued a $53.00 price objective on shares of Super Micro Computer in a research report on Thursday, October 23rd. Sanford C. Bernstein raised Super Micro Computer to a “hold” rating in a research report on Tuesday, September 16th. Zacks Research raised Super Micro Computer to a “hold” rating in a research report on Monday, August 11th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Super Micro Computer in a research report on Wednesday, October 8th. Finally, Bank of America started coverage on Super Micro Computer in a research report on Wednesday, July 9th. They issued an “underperform” rating and a $35.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Super Micro Computer currently has a consensus rating of “Hold” and a consensus price target of $47.57.

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.