Torrey Growth & Income Advisors trimmed its stake in Super Micro Computer, Inc. (NASDAQ:SMCI – Free Report) by 47.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 20,495 shares of the company’s stock after selling 18,285 shares during the period. Torrey Growth & Income Advisors’ holdings in Super Micro Computer were worth $834,000 as of its most recent SEC filing.
Several other institutional investors also recently modified their holdings of the stock. Quest 10 Wealth Builders Inc. raised its stake in Super Micro Computer by 235.2% in the third quarter. Quest 10 Wealth Builders Inc. now owns 600 shares of the company’s stock valued at $25,000 after purchasing an additional 421 shares in the last quarter. TOP Private Wealth LLC. bought a new stake in Super Micro Computer during the second quarter valued at approximately $42,000. Comprehensive Financial Planning Inc. PA purchased a new position in Super Micro Computer in the 2nd quarter worth approximately $43,000. Heritage Family Offices LLP purchased a new position in Super Micro Computer in the 3rd quarter worth approximately $43,000. Finally, Contravisory Investment Management Inc. purchased a new position in Super Micro Computer in the 2nd quarter worth approximately $49,000. 84.06% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
A number of equities analysts have recently commented on the stock. Mizuho increased their price target on shares of Super Micro Computer from $35.00 to $43.00 and gave the stock a “neutral” rating in a report on Tuesday, October 6th. Stifel Nicolaus set a $42.00 price objective on shares of Super Micro Computer in a report on Wednesday, August 12th. The Goldman Sachs Group reiterated a “sell” rating and issued a $34.00 target price (up from $30.00) on shares of Super Micro Computer in a research report on Wednesday, August 12th. Northland Securities set a $36.00 target price on Super Micro Computer in a research note on Wednesday, July 22nd. Finally, Bank of America raised their price target on Super Micro Computer from $38.00 to $39.00 and gave the company an “underperform” rating in a research report on Wednesday, November 4th. Four investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $43.08.
View Our Latest Research Report on SMCI
Super Micro Computer Trading Down 0.6%
NASDAQ SMCI opened at $28.60 on Tuesday. Super Micro Computer, Inc. has a 1-year low of $19.48 and a 1-year high of $51.40. The company has a current ratio of 3.02, a quick ratio of 2.07 and a debt-to-equity ratio of 0.56. The stock has a 50-day moving average of $37.27 and a 200-day moving average of $32.64. The firm has a market cap of $18.79 billion, a PE ratio of 6.10, a price-to-earnings-growth ratio of 0.46 and a beta of 2.17.
Super Micro Computer (NASDAQ:SMCI – Get Free Report) last issued its earnings results on Tuesday, November 3rd. The company reported $1.81 earnings per share for the quarter, beating the consensus estimate of $1.28 by $0.53. Super Micro Computer had a return on equity of 38.97% and a net margin of 6.77%. The company had revenue of $19.95 billion during the quarter, compared to analysts’ expectations of $16.29 billion. During the same period in the prior year, the business posted $0.35 EPS. Super Micro Computer’s quarterly revenue was up 297.5% compared to the same quarter last year. As a group, sell-side analysts forecast that Super Micro Computer, Inc. will post 4.31 EPS for the current year.
More Super Micro Computer News
Here are the key news stories impacting Super Micro Computer this week:
- Positive Sentiment: Super Micro raised its fiscal 2027 revenue outlook to $72 billion–$82 billion from $65 billion–$72 billion. CEO commentary that even the higher range is “very, very conservative” reinforces confidence in demand for the company’s AI servers. Article: Super Micro CEO Calls a $72 Billion to $82 Billion Outlook “Very, Very Conservative”
- Positive Sentiment: Northland Securities raised its Q4 2028 EPS estimate to $1.64 from $1.56, signaling improved expectations for future earnings.
- Positive Sentiment: Zacks added SMCI to its Rank #1 (Strong Buy) list and its Strong Buy value-stocks list, which may support investor sentiment. Article: New Strong Buy Stocks for November 10th Article: Best Value Stocks to Buy for November 10th
- Negative Sentiment: Broader concerns about tighter rules for AI data centers have weighed on technology stocks. If restrictions affect data-center expansion, they could temper demand expectations for AI-server suppliers such as Super Micro. Article: Lumentum Holdings And 2 AI Infrastructure Stocks To Own
Insider Activity at Super Micro Computer
In other news, CEO Charles Liang sold 100,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 7th. The shares were sold at an average price of $45.02, for a total value of $4,502,000.00. Following the transaction, the chief executive officer owned 337,506 shares in the company, valued at approximately $15,194,520.12. This trade represents a 22.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Chiu-Chu Liang sold 100,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 7th. The stock was sold at an average price of $45.02, for a total transaction of $4,502,000.00. Following the completion of the transaction, the director owned 337,506 shares in the company, valued at $15,194,520.12. This represents a 22.86% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 400,000 shares of company stock valued at $16,442,000 in the last quarter. Corporate insiders own 16.10% of the company’s stock.
About Super Micro Computer
Super Micro Computer, Inc designs and sells server and storage systems, networking equipment, and related software and services. Its offerings include systems for data centers, cloud computing, enterprise applications, high-performance computing, artificial intelligence, and edge computing.
The company emphasizes application-optimized solutions, including integrated rack-scale systems that combine computing, storage, networking, and management tools. It also provides system configuration, deployment, and support services.
Founded in 1993 and headquartered in San Jose, California, Super Micro serves customers around the world.
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