Super Micro Computer (NASDAQ:SMCI) Stock Price Up 1.1% – Here’s What Happened

Super Micro Computer, Inc. (NASDAQ:SMCI) was up 1.1% during mid-day trading on Monday . The company traded as high as $41.63 and last traded at $40.19. Approximately 26,119,341 shares were traded during trading, a decline of 46% from the average daily volume of 48,674,469 shares. The stock had previously closed at $39.76.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Rosenblatt Securities cut their price target on Super Micro Computer from $60.00 to $55.00 and set a “buy” rating for the company in a report on Wednesday, November 5th. Zacks Research upgraded Super Micro Computer to a “hold” rating in a research note on Monday, August 11th. The Goldman Sachs Group set a $34.00 price target on Super Micro Computer and gave the stock a “sell” rating in a research note on Wednesday, November 5th. Wall Street Zen upgraded Super Micro Computer from a “sell” rating to a “hold” rating in a report on Saturday, October 18th. Finally, JPMorgan Chase & Co. cut their price objective on shares of Super Micro Computer from $43.00 to $40.00 and set a “neutral” rating on the stock in a report on Wednesday, November 5th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Super Micro Computer has a consensus rating of “Hold” and a consensus target price of $48.38.

Super Micro Computer Price Performance

The company has a 50 day simple moving average of $48.29 and a 200 day simple moving average of $46.04. The company has a market capitalization of $23.88 billion, a price-to-earnings ratio of 24.21, a price-to-earnings-growth ratio of 1.30 and a beta of 1.50. The company has a quick ratio of 3.25, a current ratio of 5.25 and a debt-to-equity ratio of 0.74.

Super Micro Computer (NASDAQ:SMCI) last released its quarterly earnings data on Tuesday, November 4th. The company reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.46 by ($0.11). The firm had revenue of $5.02 billion during the quarter, compared to analyst estimates of $6.48 billion. Super Micro Computer had a net margin of 4.77% and a return on equity of 17.14%. The business’s revenue for the quarter was down 15.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.73 earnings per share. Super Micro Computer has set its Q2 2026 guidance at 0.460-0.540 EPS. FY 2026 guidance at EPS. As a group, research analysts predict that Super Micro Computer, Inc. will post 1.86 EPS for the current year.

Insiders Place Their Bets

In related news, SVP George Kao sold 40,000 shares of Super Micro Computer stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $43.88, for a total transaction of $1,755,200.00. Following the transaction, the senior vice president owned 21,820 shares in the company, valued at approximately $957,461.60. The trade was a 64.70% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO David E. Weigand sold 25,000 shares of the stock in a transaction on Monday, September 15th. The shares were sold at an average price of $45.14, for a total value of $1,128,500.00. Following the completion of the sale, the chief financial officer owned 100,188 shares of the company’s stock, valued at approximately $4,522,486.32. This represents a 19.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 90,000 shares of company stock worth $3,890,950. Insiders own 16.30% of the company’s stock.

Institutional Investors Weigh In On Super Micro Computer

Several hedge funds have recently modified their holdings of the stock. Park Avenue Securities LLC acquired a new position in shares of Super Micro Computer in the second quarter worth about $310,000. Bank Hapoalim BM purchased a new stake in Super Micro Computer during the 2nd quarter worth approximately $748,000. Fiduciary Planning LLC acquired a new position in shares of Super Micro Computer in the 2nd quarter valued at approximately $255,000. AlphaQuest LLC boosted its stake in shares of Super Micro Computer by 352.4% during the 1st quarter. AlphaQuest LLC now owns 4,927 shares of the company’s stock valued at $169,000 after buying an additional 3,838 shares during the last quarter. Finally, Public Employees Retirement System of Ohio boosted its stake in shares of Super Micro Computer by 4.7% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 161,091 shares of the company’s stock valued at $7,895,000 after buying an additional 7,171 shares during the last quarter. 84.06% of the stock is currently owned by hedge funds and other institutional investors.

Super Micro Computer Company Profile

Super Micro Computer, Inc, together with its subsidiaries, develops and manufactures high performance server and storage solutions based on modular and open architecture in the United States, Europe, Asia, and internationally. Its solutions range from complete server, storage systems, modular blade servers, blades, workstations, full racks, networking devices, server sub-systems, server management software, and security software.