Super Micro Computer stock is trading -38.24% below its average target price of $77.4 after marking a 2.9% during today's afternoon session. Analysts are giving the Large-Cap Computer Hardware company an average rating of buy and target prices ranging from $32.5 to $130.0 per share.
Super Micro Computer has an elevated short interest of 21.2%. The stock's short ratio, or the number of days needed for all shorts to cover their positions, is 1.24. The company's insiders own 14.36% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. 57.0% 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 |
|---|---|---|---|---|
| 2024-06-30 | Blackrock Inc. | 81% | 40,175,800 | $1,920,403,209 |
| 2024-06-30 | State Street Corporation | 41% | 20,494,500 | $979,637,084 |
| 2024-06-30 | Geode Capital Management, LLC | 25% | 12,500,330 | $597,515,764 |
| 2024-06-30 | Disciplined Growth Investors, Inc. | 20% | 10,124,050 | $483,929,582 |
| 2024-06-30 | Susquehanna International Group, LLP | 17% | 8,533,630 | $407,907,507 |
| 2024-06-30 | Jane Street Group, LLC | 17% | 8,261,140 | $394,882,485 |
| 2024-06-30 | Morgan Stanley | 16% | 8,065,480 | $385,529,937 |
| 2024-06-30 | JP Morgan Chase & Company | 16% | 7,905,330 | $377,874,767 |
| 2024-06-30 | Millennium Management Llc | 12% | 6,219,170 | $297,276,321 |
| 2024-06-30 | Vanguard Group Inc | 0% | 59,616,780 | $2,849,682,038 |
For these reasons, we consider that the Super Micro Computer is the subject of mixed market sentiment.
