Avidian Wealth Enterprises LLC Has $316,000 Stock Holdings in Super Micro Computer, Inc. (NASDAQ:SMCI)

Market Beat
2024.11.08 09:26
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Avidian Wealth Enterprises LLC significantly reduced its stake in Super Micro Computer, Inc. (NASDAQ:SMCI) by 98.1% in Q3, now holding only 760 shares after selling 39,908 shares. Other institutional investors have also adjusted their positions, with Vanguard increasing its holdings by 25.7%. Analysts have mixed ratings on SMCI, with an average target price of $40.89. The stock opened at $40.48, showing a 12.2% increase. Super Micro reported a revenue of $1.31 billion for the last quarter, up 142.9% year-over-year, but missed EPS estimates.