Janney Montgomery Scott LLC Lowers Stock Position in Super Micro Computer, Inc. $SMCI

Janney Montgomery Scott LLC trimmed its holdings in Super Micro Computer, Inc. (NASDAQ:SMCI) by 59.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,319 shares of the company’s stock after selling 23,664 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Super Micro Computer were worth $372,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Flagship Harbor Advisors LLC acquired a new stake in Super Micro Computer during the 4th quarter worth $25,000. Elyxium Wealth LLC acquired a new position in Super Micro Computer in the fourth quarter valued at $26,000. Arax Advisory Partners purchased a new stake in shares of Super Micro Computer in the fourth quarter valued at about $28,000. SHP Wealth Management purchased a new stake in shares of Super Micro Computer in the fourth quarter valued at about $29,000. Finally, Concord Wealth Partners boosted its stake in shares of Super Micro Computer by 2,564.1% during 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 during the period. Hedge funds and other institutional investors own 84.06% of the company’s stock.

Analysts Set New Price Targets

SMCI has been the topic of a number of research reports. Barclays lowered their price target on Super Micro Computer from $38.00 to $34.00 and set an “equal weight” rating on the stock in a report on Wednesday, May 6th. JPMorgan Chase & Co. lifted 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. Wolfe Research began coverage on Super Micro Computer in a report on Thursday, June 11th. They issued a “peer perform” rating on the stock. The Goldman Sachs Group restated a “sell” rating on shares of Super Micro Computer in a research note on Wednesday, May 6th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Super Micro Computer in a report on Wednesday, June 24th. Four analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Super Micro Computer currently has an average rating of “Hold” and a consensus price target of $38.71.

Super Micro Computer Price Performance

Shares of SMCI opened at $24.18 on Friday. The stock’s 50 day moving average is $33.11 and its two-hundred day moving average is $30.58. The company has a current ratio of 2.66, a quick ratio of 1.29 and a debt-to-equity ratio of 0.88. The firm has a market capitalization of $14.54 billion, a PE ratio of 12.79, a P/E/G ratio of 0.31 and a beta of 1.94. Super Micro Computer, Inc. has a twelve month low of $19.48 and a twelve month high of $62.36.

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