This morning we watched Super Micro Computer rise 6.2% to a price of $899.34 per share. The Large-Cap Computer Hardware company is now trading -12.12% below its average target price of $1023.42. Analysts have set target prices ranging from $285.0 to $1500.0 per share for Super Micro Computer, and have given the stock an average rating of buy.
Super Micro Computer has an elevated short interest of 10.4%. The stock's short ratio, or the number of days needed for all shorts to cover their positions, is 0.76. The company's insiders own 14.38% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. 59.6% of Super Micro Computer shares are held by institutional investors, which indicates a high level of confidence in the stock.
Institutions Invested in Super Micro Computer
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-03-31 | Vanguard Group Inc | 12% | 6,194,607 | $5,571,058,025 |
| 2024-03-31 | Blackrock Inc. | 11% | 5,388,187 | $4,845,812,241 |
| 2024-03-31 | State Street Corporation | 5% | 2,325,802 | $2,091,686,833 |
| 2024-03-31 | Geode Capital Management, LLC | 3% | 1,546,972 | $1,391,253,840 |
| 2024-03-31 | GQG Partners LLC | 3% | 1,312,304 | $1,180,207,514 |
| 2024-03-31 | Disciplined Growth Investors, Inc. | 2% | 1,019,432 | $916,816,002 |
| 2024-03-31 | JP Morgan Chase & Company | 2% | 932,764 | $838,872,000 |
| 2024-03-31 | Morgan Stanley | 1% | 666,498 | $599,408,329 |
| 2024-03-31 | Northern Trust Corporation | 1% | 659,645 | $593,245,152 |
| 2024-03-31 | FMR, LLC | 1% | 629,183 | $565,849,456 |
For these reasons, we consider that the Super Micro Computer is the subject of mixed market sentiment.
