Diversify Wealth Management LLC Purchases New Stake in Super Micro Computer, Inc. $SMCI

Diversify Wealth Management LLC acquired a new position in shares of Super Micro Computer, Inc. (NASDAQ:SMCI) in the first quarter, Holdings Channel.com reports. The institutional investor acquired 327,404 shares of the company’s stock, valued at approximately $7,455,000.

Several other hedge funds have also added to or reduced their stakes in the stock. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in Super Micro Computer by 0.5% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 117,205 shares of the company’s stock valued at $2,669,000 after acquiring an additional 564 shares during the last quarter. Fifth Third Bancorp grew its position in shares of Super Micro Computer by 240.0% during the 1st quarter. Fifth Third Bancorp now owns 65,217 shares of the company’s stock valued at $1,485,000 after acquiring an additional 46,037 shares during the period. Sequoia Financial Advisors LLC increased its stake in shares of Super Micro Computer by 42.8% during the 1st quarter. Sequoia Financial Advisors LLC now owns 28,204 shares of the company’s stock worth $642,000 after purchasing an additional 8,456 shares during the last quarter. Peterson Wealth Services increased its stake in shares of Super Micro Computer by 1,244.4% during the 1st quarter. Peterson Wealth Services now owns 17,128 shares of the company’s stock worth $390,000 after purchasing an additional 15,854 shares during the last quarter. Finally, Kestra Advisory Services LLC raised its holdings in shares of Super Micro Computer by 14.0% in the 1st quarter. Kestra Advisory Services LLC now owns 39,040 shares of the company’s stock worth $889,000 after purchasing an additional 4,788 shares during the period. Institutional investors own 84.06% of the company’s stock.

Super Micro Computer Stock Performance

Super Micro Computer stock opened at $28.31 on Monday. The stock has a market cap of $17.03 billion, a P/E ratio of 14.98, a PEG ratio of 0.36 and a beta of 1.94. Super Micro Computer, Inc. has a fifty-two week low of $19.48 and a fifty-two week high of $62.36. The firm’s fifty day moving average price is $33.66 and its 200-day moving average price is $30.73. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.29 and a current ratio of 2.66.

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 the consensus estimate of $0.63 by $0.21. Super Micro Computer had a return on equity of 17.49% and a net margin of 3.70%.The company had revenue of $10.24 billion during the quarter, compared to analyst estimates of $12.39 billion. During the same quarter last year, the company earned $0.31 earnings per share. The firm’s quarterly 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. Equities research analysts forecast that Super Micro Computer, Inc. will post 2.13 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

SMCI has been the topic of several research analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Super Micro Computer in a research note on Wednesday, June 24th. Barclays lowered their target price on Super Micro Computer from $38.00 to $34.00 and set an “equal weight” rating on the stock in a research note on Wednesday, May 6th. Wedbush dropped their price target on Super Micro Computer from $42.00 to $34.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 6th. Argus reiterated a “hold” rating on shares of Super Micro Computer in a research note on Friday, March 20th. Finally, JPMorgan Chase & Co. lifted their price objective on Super Micro Computer from $28.00 to $32.00 and gave the stock a “neutral” rating in a report on Wednesday, May 6th. Four equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Super Micro Computer has a consensus rating of “Hold” and an average target price of $38.57.

About Super Micro Computer

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.