Meridian Wealth Management LLC Has $263,000 Position in Super Micro Computer, Inc. $SMCI

Meridian Wealth Management LLC cut its position in shares of Super Micro Computer, Inc. (NASDAQ:SMCI) by 30.9% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 5,373 shares of the company’s stock after selling 2,403 shares during the quarter. Meridian Wealth Management LLC’s holdings in Super Micro Computer were worth $263,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. grew its stake in shares of Super Micro Computer by 3.9% during the 1st quarter. Vanguard Group Inc. now owns 64,407,769 shares of the company’s stock worth $2,205,322,000 after acquiring an additional 2,415,276 shares in the last quarter. Nuveen LLC acquired a new position in Super Micro Computer during the first quarter worth $53,031,000. Analog Century Management LP bought a new position in Super Micro Computer in the first quarter valued at $32,284,000. American Century Companies Inc. increased its stake in Super Micro Computer by 434.0% in the 1st quarter. American Century Companies Inc. now owns 859,821 shares of the company’s stock valued at $29,440,000 after buying an additional 698,814 shares during the last quarter. Finally, Woodline Partners LP lifted its position in Super Micro Computer by 1,946.1% during the 1st quarter. Woodline Partners LP now owns 618,768 shares of the company’s stock worth $21,187,000 after buying an additional 588,526 shares in the last quarter. Institutional investors and hedge funds own 84.06% of the company’s stock.

Super Micro Computer Stock Up 2.3%

SMCI stock opened at $34.90 on Wednesday. Super Micro Computer, Inc. has a 1-year low of $24.82 and a 1-year high of $66.44. The business’s 50 day simple moving average is $47.71 and its 200 day simple moving average is $46.14. The company has a current ratio of 5.25, a quick ratio of 3.25 and a debt-to-equity ratio of 0.74. The firm has a market capitalization of $20.83 billion, a PE ratio of 21.02, a PEG ratio of 1.30 and a beta of 1.50.

Super Micro Computer (NASDAQ:SMCI) last released its quarterly earnings data on Tuesday, November 4th. The company reported $0.35 EPS for the quarter, missing analysts’ consensus estimates 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 company’s revenue for the quarter was down 15.5% compared to the same quarter last year. During the same period last year, the firm earned $0.73 earnings per share. Super Micro Computer has set its Q2 2026 guidance at 0.460-0.540 EPS. FY 2026 guidance at EPS. As a group, research analysts anticipate that Super Micro Computer, Inc. will post 1.86 EPS for the current year.

Insider Transactions at Super Micro Computer

In other news, CFO David E. Weigand sold 25,000 shares of the company’s stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $45.14, for a total value of $1,128,500.00. Following the transaction, the chief financial officer owned 100,188 shares of the company’s stock, valued at approximately $4,522,486.32. This represents a 19.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP George Kao sold 40,000 shares of the stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $43.88, for a total value of $1,755,200.00. Following the transaction, the senior vice president owned 21,820 shares in the company, valued at approximately $957,461.60. This trade represents a 64.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 90,000 shares of company stock worth $3,890,950. 16.30% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Needham & Company LLC decreased their price objective on Super Micro Computer from $60.00 to $51.00 and set a “buy” rating for the company in a report on Wednesday, November 5th. Mizuho decreased their price target on Super Micro Computer from $50.00 to $45.00 and set a “neutral” rating for the company in a research note on Wednesday, November 5th. Sanford C. Bernstein dropped their price objective on Super Micro Computer from $46.00 to $42.00 and set a “market perform” rating on the stock in a research note on Wednesday, November 5th. The Goldman Sachs Group set a $34.00 price objective on Super Micro Computer and gave the company a “sell” rating in a report on Wednesday, November 5th. Finally, KGI Securities raised shares of Super Micro Computer from a “neutral” rating to an “outperform” rating and set a $60.00 target price for the company in a research note on Wednesday, November 5th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Super Micro Computer currently has a consensus rating of “Hold” and an average price target of $48.38.

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.