State of Michigan Retirement System Has $6.84 Million Holdings in Super Micro Computer, Inc. $SMCI

State of Michigan Retirement System lifted its holdings in Super Micro Computer, Inc. (NASDAQ:SMCI) by 2.2% in the 2nd quarter, Holdings Channel reports. The firm owned 139,600 shares of the company’s stock after buying an additional 3,000 shares during the quarter. State of Michigan Retirement System’s holdings in Super Micro Computer were worth $6,842,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Vanguard Group Inc. lifted its stake in shares of Super Micro Computer by 3.9% in the 1st quarter. Vanguard Group Inc. now owns 64,407,769 shares of the company’s stock valued at $2,205,322,000 after purchasing an additional 2,415,276 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in Super Micro Computer by 3.3% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 3,771,630 shares of the company’s stock worth $129,141,000 after acquiring an additional 120,496 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Super Micro Computer by 2.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,892,772 shares of the company’s stock worth $99,049,000 after acquiring an additional 76,776 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its position in Super Micro Computer by 15.7% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,642,682 shares of the company’s stock worth $56,246,000 after acquiring an additional 223,427 shares during the last quarter. Finally, Nuveen LLC acquired a new position in Super Micro Computer during the 1st quarter worth $53,031,000. Institutional investors and hedge funds own 84.06% of the company’s stock.

Super Micro Computer Stock Performance

NASDAQ:SMCI opened at $47.61 on Wednesday. The firm’s 50-day moving average is $48.45 and its 200-day moving average is $45.84. Super Micro Computer, Inc. has a 52-week low of $17.25 and a 52-week high of $66.44. The company has a debt-to-equity ratio of 0.74, a quick ratio of 3.25 and a current ratio of 5.25. The company has a market cap of $28.29 billion, a price-to-earnings ratio of 28.68, a PEG ratio of 1.30 and a beta of 1.55.

Super Micro Computer (NASDAQ:SMCI) last posted its quarterly earnings data on Tuesday, November 4th. The company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by ($0.11). The company had revenue of $5.02 billion for the quarter, compared to the consensus estimate of $6.48 billion. Super Micro Computer had a return on equity of 17.14% and a net margin of 4.77%.The business’s revenue for the quarter was down 15.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.73 EPS. Super Micro Computer has set its Q2 2026 guidance at 0.460-0.540 EPS. FY 2026 guidance at EPS. Equities research analysts anticipate that Super Micro Computer, Inc. will post 1.86 earnings per share for the current year.

Wall Street Analyst Weigh In

SMCI has been the subject of a number of research analyst reports. Sanford C. Bernstein raised shares of Super Micro Computer to a “hold” rating in a research report on Tuesday, September 16th. Wall Street Zen raised shares of Super Micro Computer from a “sell” rating to a “hold” rating in a research report on Saturday, October 18th. Citigroup reissued a “neutral” rating and set a $52.00 target price (up previously from $37.00) on shares of Super Micro Computer in a research report on Friday, July 11th. Wedbush restated a “neutral” rating and set a $30.00 price objective on shares of Super Micro Computer in a report on Monday, August 4th. Finally, Northland Securities boosted their price objective on shares of Super Micro Computer from $59.00 to $67.00 in a report on Friday, October 24th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $47.57.

Insider Transactions at Super Micro Computer

In related news, CFO David E. Weigand sold 25,000 shares of the company’s 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 sale, the chief financial officer owned 100,188 shares of the company’s stock, valued at $4,522,486.32. The trade was a 19.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP George Kao sold 40,000 shares of the company’s stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $43.88, for a total transaction of $1,755,200.00. Following the sale, the senior vice president directly owned 21,820 shares in the company, valued at $957,461.60. This represents a 64.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 90,000 shares of company stock worth $3,890,950. 16.30% of the stock is currently owned by insiders.

About Super Micro Computer

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.