Sumitomo Mitsui Trust Group Inc. Has $27.67 Million Holdings in Super Micro Computer, Inc. $SMCI

Sumitomo Mitsui Trust Group Inc. cut its holdings in Super Micro Computer, Inc. (NASDAQ:SMCI) by 3.3% in the 1st quarter, Holdings Channel.com reports. The firm owned 1,215,051 shares of the company’s stock after selling 41,733 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in Super Micro Computer were worth $27,667,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. Seelaus Asset Management LLC grew its stake in shares of Super Micro Computer by 96.8% during the 1st quarter. Seelaus Asset Management LLC now owns 21,085 shares of the company’s stock worth $480,000 after acquiring an additional 10,370 shares in the last quarter. Cvfg LLC bought a new stake in shares of Super Micro Computer in the first quarter worth $2,731,000. Bogart Wealth LLC boosted its holdings in Super Micro Computer by 34.6% during the first quarter. Bogart Wealth LLC now owns 5,594 shares of the company’s stock worth $127,000 after purchasing an additional 1,437 shares during the last quarter. Ascentis Independent Advisors boosted its holdings in Super Micro Computer by 62.1% during the first quarter. Ascentis Independent Advisors now owns 14,620 shares of the company’s stock worth $333,000 after purchasing an additional 5,600 shares during the last quarter. Finally, QRG Capital Management Inc. grew its position in Super Micro Computer by 14.1% in the first quarter. QRG Capital Management Inc. now owns 76,682 shares of the company’s stock valued at $1,746,000 after purchasing an additional 9,470 shares in the last quarter. 84.06% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Weiss Ratings reissued a “hold (c)” rating on shares of Super Micro Computer in a research report on Wednesday, June 24th. Rosenblatt Securities boosted their price target on Super Micro Computer from $32.00 to $40.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Northland Securities upped their price objective on Super Micro Computer from $22.00 to $34.00 in a research note on Wednesday, May 6th. Argus reissued a “hold” rating on shares of Super Micro Computer in a report on Friday, March 20th. Finally, CJS Securities raised shares of Super Micro Computer from a “market underperform” rating to a “market perform” rating in a research note on Wednesday, May 6th. Four investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $38.71.

Super Micro Computer Price Performance

Shares of NASDAQ SMCI opened at $27.66 on Tuesday. The firm has a market cap of $16.64 billion, a P/E ratio of 14.63, a price-to-earnings-growth ratio of 0.36 and a beta of 1.94. The business’s 50 day moving average is $33.67 and its 200-day moving average is $30.71. The company has a current ratio of 2.66, a quick ratio of 1.29 and a debt-to-equity ratio of 0.88. Super Micro Computer, Inc. has a 1-year low of $19.48 and a 1-year high of $62.36.

Super Micro Computer (NASDAQ:SMCI) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $0.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.63 by $0.21. The firm had revenue of $10.24 billion during the quarter, compared to the consensus estimate of $12.39 billion. Super Micro Computer had a net margin of 3.70% and a return on equity of 17.49%. The business’s revenue for the quarter was up 122.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.31 EPS. Super Micro Computer has set its Q4 2026 guidance at 0.650-0.790 EPS. Equities research analysts predict 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.