Super Micro Computer Inc (SMCI, Financial), a frontrunner in providing high-performance server technology services, caters to a broad spectrum of markets, including cloud computing, data center, Big Data, high-performance computing, and the "Internet of Things" embedded markets. Its modular architectural approach allows the company to deliver customized solutions, which has helped it secure a significant market share in the United States, Europe, Asia, and other regions.
Overview of Ownership and Performance
As per the latest data, Super Micro Computer Inc (SMCI, Financial) boasts an outstanding share count of 52.91 million. Institutional investors hold 29.04 million shares, making up 55.32% of the total shares, whereas insiders account for 13.97% with 7.33 million shares.
Super Micro Computer Inc experienced a drop of about 16.49% in its stock value over the past week. However, as of Oct 10 2023, the stock rose by 8.73%, aligning with its three-month return of 16.5%. The company's market cap has seen a significant increase, rising to $13.19 billion in the most recent quarter from $5.59 billion in the preceding one. This volatility has been a subject of interest for investors looking to understand the company's ownership trends.
Income Breakdown
Institutional Ownership and Key Players
Super Micro Computer Inc's institutional ownership history reveals the levels of trust and confidence that major players have in the company's future. As of 2023-09-30, Super Micro Computer Inc's institutional ownership level is 55.32%, down from institutional ownership of 55.49% as of 2023-06-30 and up from institutional ownership of 52.79% from a year ago.
Among the most significant stakeholders, the top fund managers owning chunks of Super Micro Computer Inc's stock are HOTCHKIS & WILEY (Trades, Portfolio), Joel Greenblatt (Trades, Portfolio), and Jefferies Group (Trades, Portfolio), with 0.08%, 0.07%, and 0.07% of shares outstanding respectively.
Delving into Earnings: Past and Future
Over the past three years, Super Micro Computer Inc's Ebitda growth averaged 86.9% per year, outperforming 96.72% of 1954 companies in the Hardware industry. This growth extends to the five-year marker, with a growth of 44.4%.
However, future projections are not as promising. The estimated earnings growth for Super Micro Computer Inc is 0% per year, which is lower than the earnings growth of 92.6% during the past three years.
Insider Ownership and Activities
Insider ownership offers insights into the convictions of the company's board directors and C-level employees. Super Micro Computer Inc's insider ownership is approximately 13.97% as of 2023-08-31, compared to insider ownership of 13.89% from a year ago, reflecting the increased faith of those intimately familiar with the company's operations.
Conclusion
In the ever-evolving realm of stocks, understanding the nuances of ownership and earnings is critical. Super Micro Computer Inc's recent dip is a case study in how major players react to market shifts, and their movements offer crucial insights for potential investors. As always, a holistic view, combining both past performance and future projections, remains key to sound investment decisions.
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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
