Korea Investment CORP Buys 144,604 Shares of Super Micro Computer, Inc. $SMCI
Key Points
- Korea Investment CORP increased its stake in Super Micro Computer, Inc. by 78.7% during the 1st quarter, owning a total of 328,275 shares worth approximately $11.24 million after acquiring 144,604 additional shares.
- Several institutional investors, including Vanguard Group and Northern Trust Corp, have significantly raised their positions in Super Micro Computer, highlighting a strong interest among major stakeholders.
- Super Micro Computer’s shares opened at $42.31, with a one-year performance range between $17.25 and $66.44, reflecting considerable volatility in the stock.
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Korea Investment CORP raised its stake in shares of Super Micro Computer, Inc. (NASDAQ:SMCI – Free Report) by 78.7% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 328,275 shares of the company’s stock after purchasing an additional 144,604 shares during the period. Korea Investment CORP owned 0.06% of Super Micro Computer worth $11,240,000 at the end of the most recent quarter.
- Hyperscaler Spending Could Supercharge Super Micro Computer Stock
Several other large investors have also bought and sold shares of the stock. Vanguard Group Inc. raised its position in 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 purchasing an additional 2,415,276 shares during the last quarter. Northern Trust Corp raised its position in Super Micro Computer by 1,573.8% during the 4th quarter. Northern Trust Corp now owns 4,897,876 shares of the company’s stock worth $149,287,000 after purchasing an additional 4,605,260 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in Super Micro Computer by 3.3% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 3,771,630 shares of the company’s stock worth $129,141,000 after purchasing an additional 120,496 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Super Micro Computer by 6,368.8% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,815,996 shares of the company’s stock worth $85,832,000 after purchasing an additional 2,772,464 shares during the last quarter. Finally, Nuveen LLC bought a new position in Super Micro Computer during the 1st quarter worth $53,031,000. 84.06% of the stock is owned by institutional investors.
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Wall Street Analyst Weigh In
SMCI has been the subject of several research analyst reports. Rosenblatt Securities lowered their price objective on Super Micro Computer from $55.00 to $50.00 and set a “buy” rating for the company in a research report on Wednesday, May 7th. Zacks Research raised Super Micro Computer to a “hold” rating in a research report on Monday, August 11th. Bank of America initiated coverage on Super Micro Computer in a research report on Wednesday, July 9th. They issued an “underperform” rating and a $35.00 price objective for the company. Wedbush reissued a “neutral” rating and issued a $30.00 price objective on shares of Super Micro Computer in a research report on Monday, August 4th. Finally, Needham & Company LLC lifted their price objective on Super Micro Computer from $39.00 to $60.00 and gave the stock a “buy” rating in a research report on Wednesday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $44.75.
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Read Our Latest Research Report on Super Micro Computer
Super Micro Computer Stock Performance
Shares of Super Micro Computer stock opened at $42.31 on Friday. Super Micro Computer, Inc. has a one year low of $17.25 and a one year high of $66.44. The firm has a market capitalization of $25.25 billion, a price-to-earnings ratio of 25.49, a PEG ratio of 1.06 and a beta of 1.46. The business has a 50-day simple moving average of $48.99 and a 200 day simple moving average of $42.43. The company has a debt-to-equity ratio of 0.74, a current ratio of 5.32 and a quick ratio of 3.32.
- Don’t Mix the Signal for Noise in Super Micro Computer’s Earnings
Super Micro Computer (NASDAQ:SMCI – Get Free Report) last issued its earnings results on Tuesday, August 5th. The company reported $0.41 EPS for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.03). Super Micro Computer had a net margin of 4.77% and a return on equity of 17.14%. The firm had revenue of $5.76 billion during the quarter, compared to the consensus estimate of $5.88 billion. During the same period in the previous year, the firm earned $6.25 earnings per share. The business’s quarterly revenue was up 8.5% on a year-over-year basis. Super Micro Computer has set its Q1 2026 guidance at 0.400-0.520 EPS. FY 2026 guidance at EPS. On average, research analysts anticipate that Super Micro Computer, Inc. will post 1.86 earnings per share for the current fiscal year.
Insider Transactions at Super Micro Computer
In other Super Micro Computer news, Director Liang Chiu-Chu Sara Liu sold 200,000 shares of Super Micro Computer stock in a transaction dated Monday, July 28th. The stock was sold at an average price of $60.00, for a total transaction of $12,000,000.00. Following the completion of the transaction, the director owned 40,426,120 shares in the company, valued at approximately $2,425,567,200. The trade was a 0.49% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Charles Liang sold 200,000 shares of Super Micro Computer stock in a transaction dated Monday, July 28th. The shares were sold at an average price of $60.00, for a total value of $12,000,000.00. Following the transaction, the chief executive officer owned 40,426,120 shares of the company’s stock, valued at $2,425,567,200. This trade represents a 0.49% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 1,000,000 shares of company stock valued at $51,000,000 over the last ninety days. 16.30% of the stock is currently owned by corporate insiders.
Super Micro Computer Profile
(Free Report)
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.
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