Spire Wealth Management Purchases 3,390 Shares of Super Micro Computer, Inc. $SMCI

Spire Wealth Management raised its position in shares of Super Micro Computer, Inc. (NASDAQ:SMCI) by 41.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 11,585 shares of the company’s stock after purchasing an additional 3,390 shares during the period. Spire Wealth Management’s holdings in Super Micro Computer were worth $568,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of SMCI. Eastern Bank bought a new position in Super Micro Computer during the first quarter valued at $29,000. Beaird Harris Wealth Management LLC bought a new position in shares of Super Micro Computer in the first quarter worth $34,000. TD Private Client Wealth LLC boosted its holdings in shares of Super Micro Computer by 46.0% in the second quarter. TD Private Client Wealth LLC now owns 800 shares of the company’s stock worth $39,000 after acquiring an additional 252 shares during the period. Orion Capital Management LLC bought a new position in shares of Super Micro Computer in the second quarter worth $39,000. Finally, Advisors Asset Management Inc. bought a new position in shares of Super Micro Computer in the first quarter worth $39,000. 84.06% of the stock is owned by institutional investors.

Super Micro Computer Stock Performance

Shares of SMCI opened at $51.96 on Monday. The company has a market cap of $30.88 billion, a PE ratio of 31.30, a price-to-earnings-growth ratio of 1.30 and a beta of 1.55. The company has a current ratio of 5.25, a quick ratio of 3.25 and a debt-to-equity ratio of 0.74. The stock has a 50-day moving average price of $48.26 and a 200-day moving average price of $45.59. Super Micro Computer, Inc. has a 12-month low of $17.25 and a 12-month high of $66.44.

Super Micro Computer (NASDAQ:SMCI) last issued its quarterly earnings results on Tuesday, August 5th. The company reported $0.41 earnings per share (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 business had revenue of $5.76 billion for the quarter, compared to the consensus estimate of $5.88 billion. During the same quarter last year, the business posted $6.25 EPS. The business’s revenue was up 8.5% compared to the same quarter last year. Super Micro Computer has set its Q1 2026 guidance at 0.400-0.520 EPS. FY 2026 guidance at EPS. As a group, equities analysts forecast that Super Micro Computer, Inc. will post 1.86 earnings per share for the current fiscal year.

Insider Activity

In other Super Micro Computer news, SVP George Kao sold 40,000 shares of Super Micro Computer stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $43.88, for a total transaction of $1,755,200.00. Following the completion of the sale, the senior vice president owned 21,820 shares of the company’s stock, valued at $957,461.60. The trade was a 64.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO David E. Weigand sold 25,000 shares of Super Micro Computer stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $45.14, for a total value of $1,128,500.00. Following the sale, the chief financial officer directly owned 100,188 shares of the company’s stock, valued at approximately $4,522,486.32. This trade represents a 19.97% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 90,000 shares of company stock valued at $3,890,950. Corporate insiders own 16.30% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently commented on SMCI. Needham & Company LLC raised their price target on Super Micro Computer from $39.00 to $60.00 and gave the stock a “buy” rating in a report on Wednesday, August 6th. Raymond James Financial reaffirmed an “outperform” rating and issued a $53.00 price target on shares of Super Micro Computer in a report on Thursday, October 23rd. Wedbush reaffirmed a “neutral” rating and issued a $30.00 price target on shares of Super Micro Computer in a report on Monday, August 4th. Zacks Research raised Super Micro Computer to a “hold” rating in a report on Monday, August 11th. Finally, Barclays raised their price target on Super Micro Computer from $29.00 to $45.00 and gave the stock an “equal weight” rating in a report on Thursday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $47.57.

Super Micro Computer Profile

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.