Clear Street Group Inc. Purchases Shares of 3,079,500 Super Micro Computer, Inc. $SMCI

Clear Street Group Inc. acquired a new stake in shares of Super Micro Computer, Inc. (NASDAQ:SMCI) during the third quarter, Holdings Channel reports. The fund acquired 3,079,500 shares of the company’s stock, valued at approximately $147,631,000. Super Micro Computer makes up about 0.5% of Clear Street Group Inc.’s investment portfolio, making the stock its 12th biggest position.

Several other large investors have also recently modified their holdings of the stock. Clear Street LLC bought a new stake in shares of Super Micro Computer in the 2nd quarter valued at about $158,724,000. Norges Bank purchased a new stake in Super Micro Computer during the 2nd quarter valued at about $150,395,000. Marshall Wace LLP grew its position in Super Micro Computer by 596.4% during the 2nd quarter. Marshall Wace LLP now owns 3,437,714 shares of the company’s stock worth $168,482,000 after acquiring an additional 2,944,049 shares during the last quarter. Vanguard Group Inc. increased its stake in Super Micro Computer by 4.1% in the 3rd quarter. Vanguard Group Inc. now owns 68,848,777 shares of the company’s stock worth $3,300,610,000 after purchasing an additional 2,695,829 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in Super Micro Computer by 833.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,939,536 shares of the company’s stock worth $140,882,000 after purchasing an additional 2,624,746 shares during the period. Hedge funds and other institutional investors own 84.06% of the company’s stock.

Super Micro Computer Price Performance

Shares of SMCI stock opened at $30.75 on Friday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.01 and a current ratio of 1.70. Super Micro Computer, Inc. has a fifty-two week low of $27.60 and a fifty-two week high of $62.36. The firm has a market cap of $18.42 billion, a P/E ratio of 22.95, a P/E/G ratio of 0.61 and a beta of 1.52. The business’s 50 day moving average price is $31.23 and its 200-day moving average price is $37.93.

Super Micro Computer (NASDAQ:SMCI) last announced its earnings results on Tuesday, February 3rd. The company reported $0.69 EPS for the quarter, beating analysts’ consensus estimates of $0.49 by $0.20. Super Micro Computer had a return on equity of 13.22% and a net margin of 3.11%.The company had revenue of $12.68 billion during the quarter, compared to the consensus estimate of $10.34 billion. During the same quarter in the prior year, the company earned $0.59 earnings per share. The firm’s revenue for the quarter was up 123.4% on a year-over-year basis. Super Micro Computer has set its Q3 2026 guidance at 0.600- EPS. On average, equities research analysts anticipate that Super Micro Computer, Inc. will post 1.86 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on SMCI. Citigroup dropped their price objective on Super Micro Computer from $48.00 to $39.00 and set a “neutral” rating for the company in a research note on Tuesday, January 20th. Raymond James Financial decreased their target price on shares of Super Micro Computer from $50.00 to $35.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 4th. Needham & Company LLC lowered their price target on shares of Super Micro Computer from $51.00 to $40.00 and set a “buy” rating for the company in a report on Wednesday, February 4th. Sanford C. Bernstein dropped their price target on shares of Super Micro Computer from $42.00 to $37.00 and set a “market perform” rating for the company in a research report on Wednesday, February 4th. Finally, Wall Street Zen raised shares of Super Micro Computer from a “sell” rating to a “hold” rating in a report on Sunday, February 15th. Five investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $43.43.

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.