Needham Investment Management LLC Has $40.39 Million Stock Position in Super Micro Computer, Inc. $SMCI

Needham Investment Management LLC decreased its holdings in shares of Super Micro Computer, Inc. (NASDAQ:SMCI) by 1.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,380,000 shares of the company’s stock after selling 25,000 shares during the period. Super Micro Computer accounts for 2.6% of Needham Investment Management LLC’s portfolio, making the stock its 6th largest position. Needham Investment Management LLC owned approximately 0.23% of Super Micro Computer worth $40,393,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Flagship Harbor Advisors LLC bought a new position in shares of Super Micro Computer during the fourth quarter valued at approximately $25,000. Elyxium Wealth LLC bought a new position in shares of Super Micro Computer during the fourth quarter valued at approximately $26,000. Arax Advisory Partners bought a new position in shares of Super Micro Computer during the fourth quarter valued at approximately $28,000. Concord Wealth Partners increased its stake in shares of Super Micro Computer by 2,564.1% during the fourth quarter. Concord Wealth Partners now owns 1,039 shares of the company’s stock valued at $30,000 after purchasing an additional 1,000 shares in the last quarter. Finally, Aventura Private Wealth LLC bought a new stake in shares of Super Micro Computer during the fourth quarter valued at approximately $35,000. Institutional investors own 84.06% of the company’s stock.

Super Micro Computer Price Performance

Shares of SMCI opened at $30.85 on Tuesday. The company has a market capitalization of $18.55 billion, a P/E ratio of 16.32, a price-to-earnings-growth ratio of 0.51 and a beta of 1.86. The company has a quick ratio of 1.29, a current ratio of 2.66 and a debt-to-equity ratio of 0.88. The firm has a 50 day moving average of $32.49 and a 200 day moving average of $31.19. Super Micro Computer, Inc. has a twelve month low of $19.48 and a twelve month high of $62.36.

Super Micro Computer (NASDAQ:SMCI) last posted its earnings results on Tuesday, May 5th. The company reported $0.84 EPS for the quarter, topping analysts’ consensus estimates of $0.63 by $0.21. Super Micro Computer had a net margin of 3.70% and a return on equity of 17.49%. The business had revenue of $10.24 billion during the quarter, compared to the consensus estimate of $12.39 billion. During the same quarter in the previous year, the firm posted $0.31 EPS. The firm’s revenue was up 122.7% on a year-over-year basis. Super Micro Computer has set its Q4 2026 guidance at 0.650-0.790 EPS. As a group, equities research analysts anticipate that Super Micro Computer, Inc. will post 2.12 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on SMCI. Barclays reduced their price target on shares of Super Micro Computer from $38.00 to $34.00 and set an “equal weight” rating for the company in a research report on Wednesday, May 6th. Citigroup reissued a “neutral” rating and set a $31.00 price target (up from $25.00) on shares of Super Micro Computer in a research report on Wednesday, May 6th. Wolfe Research began coverage on shares of Super Micro Computer in a research report on Thursday, June 11th. They set a “peer perform” rating for the company. Mizuho raised their price target on shares of Super Micro Computer from $36.00 to $44.00 and gave the company a “neutral” rating in a research report on Monday, June 1st. Finally, Rosenblatt Securities raised their price target on shares of Super Micro Computer from $32.00 to $40.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Four analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $38.57.

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.