Super Micro Computer plummeted to $850.09 per share this morning, but it remains 12.89% above its mean target price of $753.05. There may still be room for more downwards movement — even after today's -3.0% drop. Analysts are giving the Large-Cap Computer Hardware stock on average rating of buy, with target prices ranging from $250.0 to $1300.0 per share.
The stock has an above average percentage of its shares sold short at 12.0%, and a short ratio of 0.66. The company's insiders own 15.03% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that an average number of institutional investors are invested in the stock, with 71.7% of Super Micro Computer's shares being owned by this investor type.
Institutions Invested in Super Micro Computer
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-12-31 | Blackrock Inc. | 13% | 6,381,749 | $5,425,061,178 |
| 2023-12-31 | Vanguard Group Inc | 10% | 4,929,065 | $4,190,148,998 |
| 2023-12-31 | Disciplined Growth Investors, Inc. | 5% | 2,725,280 | $2,316,733,348 |
| 2023-12-31 | State Street Corporation | 4% | 1,843,055 | $1,566,762,674 |
| 2023-12-31 | Jane Street Group, LLC | 2% | 1,115,960 | $948,666,466 |
| 2023-12-31 | Geode Capital Management, LLC | 2% | 1,064,932 | $905,288,072 |
| 2023-12-31 | JP Morgan Chase & Company | 2% | 922,656 | $784,340,663 |
| 2023-12-31 | Morgan Stanley | 2% | 895,631 | $761,366,980 |
| 2023-12-31 | Neuberger Berman Group, LLC | 1% | 636,340 | $540,946,287 |
| 2023-12-31 | Northern Trust Corporation | 1% | 640,729 | $544,677,332 |
Besides an analyst belief that shares are overpriced, other market factors point to there being mixed market sentiment on Super Micro Computer.
