Strs Ohio Sells 225,018 Shares of Super Micro Computer, Inc. $SMCI

Strs Ohio decreased its holdings in shares of Super Micro Computer, Inc. (NASDAQ:SMCI) by 94.8% in the first quarter, HoldingsChannel reports. The fund owned 12,281 shares of the company’s stock after selling 225,018 shares during the quarter. Strs Ohio’s holdings in Super Micro Computer were worth $280,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of SMCI. Flagship Harbor Advisors LLC bought a new stake in shares of Super Micro Computer during the 4th quarter valued at $25,000. Elyxium Wealth LLC purchased a new stake in Super Micro Computer in the 4th quarter worth $26,000. Arax Advisory Partners purchased a new stake in shares of Super Micro Computer in the fourth quarter worth about $28,000. SHP Wealth Management purchased a new stake in shares of Super Micro Computer during the 4th quarter worth approximately $29,000. Finally, Concord Wealth Partners lifted its position in 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 during the last quarter. 84.06% of the stock is owned by hedge funds and other institutional investors.

Super Micro Computer Stock Up 0.2%

Super Micro Computer stock traded up $0.07 during midday trading on Friday, hitting $28.31. 25,037,879 shares of the company’s stock were exchanged, compared to its average volume of 52,085,608. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.29 and a current ratio of 2.66. Super Micro Computer, Inc. has a 12 month low of $19.48 and a 12 month high of $62.36. The firm has a 50-day moving average of $33.66 and a two-hundred day moving average of $30.73. The company has a market cap of $17.03 billion, a PE ratio of 14.98, a P/E/G ratio of 0.36 and a beta of 1.94.

Super Micro Computer (NASDAQ:SMCI) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $0.84 EPS for the quarter, beating the consensus estimate 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 analyst estimates of $12.39 billion. During the same quarter in the previous year, the business posted $0.31 EPS. The company’s quarterly revenue was up 122.7% compared to the same quarter last year. Super Micro Computer has set its Q4 2026 guidance at 0.650-0.790 EPS. As a group, analysts expect that Super Micro Computer, Inc. will post 2.13 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Wedbush decreased their price target on Super Micro Computer from $42.00 to $34.00 and set a “neutral” rating on the stock in a report on Wednesday, May 6th. Raymond James Financial dropped their target price on shares of Super Micro Computer from $45.00 to $39.00 in a research note on Friday, June 12th. Rosenblatt Securities lifted 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 note on Wednesday, May 6th. Barclays lowered their price target on Super Micro Computer from $38.00 to $34.00 and set an “equal weight” rating for the company in a report on Wednesday, May 6th. Finally, Argus reissued a “hold” rating on shares of Super Micro Computer in a research note on Friday, March 20th. Four equities research 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, Super Micro Computer has an average 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.