Centric Wealth Management Acquires 80,000 Shares of Super Micro Computer, Inc. $SMCI

Centric Wealth Management lifted its holdings in shares of Super Micro Computer, Inc. (NASDAQ:SMCI) by 109.6% in the first quarter, Holdings Channel.com reports. The fund owned 153,005 shares of the company’s stock after purchasing an additional 80,000 shares during the quarter. Super Micro Computer accounts for approximately 1.4% of Centric Wealth Management’s portfolio, making the stock its 14th largest position. Centric Wealth Management’s holdings in Super Micro Computer were worth $5,239,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Eastern Bank acquired a new stake in shares of Super Micro Computer during the 1st quarter worth about $29,000. Bernard Wealth Management Corp. acquired a new stake in shares of Super Micro Computer during the 4th quarter worth about $33,000. Quarry LP acquired a new stake in shares of Super Micro Computer during the 4th quarter worth about $34,000. Central Pacific Bank Trust Division acquired a new stake in Super Micro Computer in the 1st quarter valued at about $34,000. Finally, IMG Wealth Management Inc. increased its position in Super Micro Computer by 90.7% in the 1st quarter. IMG Wealth Management Inc. now owns 1,051 shares of the company’s stock valued at $36,000 after acquiring an additional 500 shares in the last quarter. Institutional investors and hedge funds own 84.06% of the company’s stock.

Analyst Upgrades and Downgrades

SMCI has been the subject of several research reports. Northland Securities set a $59.00 price objective on shares of Super Micro Computer in a research report on Wednesday, May 7th. Wedbush restated a “neutral” rating and issued a $30.00 price objective on shares of Super Micro Computer in a research report on Monday, August 4th. Wall Street Zen upgraded shares of Super Micro Computer to a “sell” rating in a research report on Thursday, May 8th. Bank of America initiated coverage on shares of 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. Finally, Barclays raised their price objective on shares of Super Micro Computer from $29.00 to $45.00 and gave the company an “equal weight” rating in a research report on Thursday, August 7th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $45.31.

Super Micro Computer Stock Down 5.5%

Shares of NASDAQ SMCI opened at $41.54 on Friday. The firm has a market capitalization of $24.79 billion, a PE ratio of 25.02, a price-to-earnings-growth ratio of 1.10 and a beta of 1.46. The company has a current ratio of 5.32, a quick ratio of 3.32 and a debt-to-equity ratio of 0.74. Super Micro Computer, Inc. has a 1 year low of $17.25 and a 1 year high of $66.44. The firm’s 50-day moving average is $48.99 and its 200-day moving average is $42.78.

Super Micro Computer (NASDAQ:SMCI) last issued its quarterly earnings data 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). The firm had revenue of $5.76 billion for the quarter, compared to analyst estimates of $5.88 billion. Super Micro Computer had a net margin of 4.77% and a return on equity of 17.14%. The firm’s revenue for the quarter was up 8.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $6.25 EPS. Super Micro Computer has set its Q1 2026 guidance at 0.400-0.520 EPS. FY 2026 guidance at EPS. Equities analysts expect that Super Micro Computer, Inc. will post 1.86 EPS for the current year.

Insider Activity at Super Micro Computer

In other news, CEO Charles Liang sold 300,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 18th. The shares were sold at an average price of $45.00, for a total value of $13,500,000.00. Following the completion of the transaction, the chief executive officer owned 66,903,640 shares in the company, valued at $3,010,663,800. This represents a 0.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP George Kao sold 40,000 shares of the business’s stock in a transaction on 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 completion of the sale, the senior vice president directly owned 21,820 shares in the company, valued at approximately $957,461.60. This represents a 64.70% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 1,040,000 shares of company stock worth $52,755,200. 16.30% of the stock is currently owned by company insiders.

Super Micro Computer 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.