Assenagon Asset Management S.A. Sells 343,528 Shares of Super Micro Computer, Inc. $SMCI

Assenagon Asset Management S.A. lessened its stake in Super Micro Computer, Inc. (NASDAQ:SMCI) by 74.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 116,275 shares of the company’s stock after selling 343,528 shares during the quarter. Assenagon Asset Management S.A.’s holdings in Super Micro Computer were worth $2,648,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of SMCI. Flagship Harbor Advisors LLC purchased a new stake in Super Micro Computer during the 4th quarter valued at about $25,000. Elyxium Wealth LLC purchased a new position in Super Micro Computer in the fourth quarter worth about $26,000. Arax Advisory Partners bought a new position in shares of Super Micro Computer in the fourth quarter worth approximately $28,000. SHP Wealth Management bought a new position in shares of Super Micro Computer in the fourth quarter worth approximately $29,000. Finally, Concord Wealth Partners lifted its stake in shares of Super Micro Computer by 2,564.1% in the fourth quarter. Concord Wealth Partners now owns 1,039 shares of the company’s stock worth $30,000 after buying an additional 1,000 shares in the last quarter. Institutional investors own 84.06% of the company’s stock.

More Super Micro Computer News

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

• Positive Sentiment: SMCI is rebounding in early Tuesday trading after Monday’s sharp selloff, suggesting some buyers are stepping in to take advantage of the pullback. Super Micro, Dell Gain 4% a Day After Super Micro’s Taiwan-Probe Plunge
• Neutral Sentiment: Broader market coverage noted that AI and chip stocks were moving higher in premarket trading, which may be helping offset some of the negative company-specific pressure. Strategy, Super Micro, Concentrix, and More Stocks That Explain Today’s Market
• Negative Sentiment: Taiwan authorities widened their probe into alleged Nvidia chip smuggling tied to Super Micro servers, raising the risk of compliance issues, customer disruption, and further headline volatility for SMCI. Super Micro Drops 8% as Taiwan Raids Expand
• Negative Sentiment: Monday’s raid-driven drop showed investors are treating the investigation as a serious overhang, with several reports describing the move as a significant selloff after authorities searched Super Micro’s Taiwan office. Taiwan Raid Hits Super Micro Office, Slamming SMCI Shares
• Negative Sentiment: Analysts and market commentators also said the probe could benefit competitors like Dell, reinforcing concerns that SMCI may face reputational and business headwinds if the investigation expands further. Super Micro’s Problems Are a ‘Slam Dunk’ for Dell Stock

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Super Micro Computer in a research report on Wednesday, June 24th. Rosenblatt Securities upped their price objective on Super Micro Computer from $32.00 to $40.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. JPMorgan Chase & Co. increased their target price on Super Micro Computer from $28.00 to $32.00 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. Barclays reduced their target price 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 restated a “hold” rating on shares of Super Micro Computer in a research note on Friday, March 20th. Four analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Super Micro Computer has a consensus rating of “Hold” and an average price target of $38.57.

Super Micro Computer Stock Performance

Shares of SMCI stock opened at $29.33 on Wednesday. The company has a 50 day moving average price of $33.73 and a 200-day moving average price of $30.95. Super Micro Computer, Inc. has a 52 week low of $19.48 and a 52 week high of $62.36. The firm has a market capitalization of $17.64 billion, a PE ratio of 15.52, a P/E/G ratio of 0.46 and a beta of 1.87. The company has a quick ratio of 1.29, a current ratio of 2.66 and a debt-to-equity ratio of 0.88.

Super Micro Computer (NASDAQ:SMCI) last released its quarterly earnings data on Tuesday, May 5th. The company reported $0.84 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.21. The firm had revenue of $10.24 billion during the quarter, compared to analysts’ expectations of $12.39 billion. Super Micro Computer had a net margin of 3.70% and a return on equity of 17.49%. The firm’s quarterly revenue was up 122.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.31 earnings per share. Super Micro Computer has set its Q4 2026 guidance at 0.650-0.790 EPS. As a group, equities research analysts expect that Super Micro Computer, Inc. will post 2.13 earnings per share for the current year.

Super Micro Computer 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.