Super Micro Computer (NASDAQ:SMCI) Stock Price Down 6.4% – Here’s What Happened

Super Micro Computer, Inc. (NASDAQ:SMCI)’s stock price traded down 6.4% during mid-day trading on Thursday . The company traded as low as $31.45 and last traded at $31.56. 37,328,031 shares traded hands during mid-day trading, a decline of 22% from the average session volume of 48,042,543 shares. The stock had previously closed at $33.73.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on SMCI shares. The Goldman Sachs Group set a $34.00 price objective on Super Micro Computer and gave the stock a “sell” rating in a research report on Wednesday, November 5th. JPMorgan Chase & Co. lowered their price target 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. Northland Securities set a $63.00 price target on shares of Super Micro Computer in a research report on Wednesday, November 5th. Mizuho decreased their price objective on shares of Super Micro Computer from $50.00 to $45.00 and set a “neutral” rating for the company in a research report on Wednesday, November 5th. Finally, Wedbush lowered their target price on shares of Super Micro Computer from $48.00 to $42.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 5th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, Super Micro Computer currently has a consensus rating of “Hold” and an average target price of $48.38.

Super Micro Computer Price Performance

The stock’s 50-day moving average price is $47.51 and its 200 day moving average price is $46.05. The company has a quick ratio of 3.25, a current ratio of 5.25 and a debt-to-equity ratio of 0.74. The firm has a market capitalization of $18.84 billion, a price-to-earnings ratio of 19.01, a PEG ratio of 1.30 and a beta of 1.50.

Super Micro Computer (NASDAQ:SMCI) last posted its quarterly earnings results on Tuesday, November 4th. The company reported $0.35 earnings per share for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.11). The business had revenue of $5.02 billion for the quarter, compared to analyst estimates of $6.48 billion. Super Micro Computer had a return on equity of 17.14% and a net margin of 4.77%.The business’s revenue was down 15.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $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. Equities research analysts expect that Super Micro Computer, Inc. will post 1.86 earnings per share for the current fiscal year.

Insider Activity at Super Micro Computer

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

Institutional Investors Weigh In On Super Micro Computer

A number of hedge funds have recently modified their holdings of the company. Vanguard Group Inc. raised its stake in Super Micro Computer by 4.1% during the third quarter. Vanguard Group Inc. now owns 68,848,777 shares of the company’s stock worth $3,300,610,000 after purchasing an additional 2,695,829 shares during the period. Geode Capital Management LLC grew its stake in shares of Super Micro Computer by 2.7% in the 2nd quarter. Geode Capital Management LLC now owns 13,752,581 shares of the company’s stock valued at $671,316,000 after buying an additional 364,411 shares during the period. Disciplined Growth Investors Inc. MN increased its holdings in shares of Super Micro Computer by 16.5% during the 2nd quarter. Disciplined Growth Investors Inc. MN now owns 9,730,773 shares of the company’s stock worth $476,905,000 after buying an additional 1,381,046 shares during the last quarter. Invesco Ltd. increased its holdings in shares of Super Micro Computer by 31.6% during the 2nd quarter. Invesco Ltd. now owns 8,639,784 shares of the company’s stock worth $423,436,000 after buying an additional 2,073,978 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its position in shares of Super Micro Computer by 5.3% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 3,971,739 shares of the company’s stock valued at $194,655,000 after buying an additional 200,109 shares during the period. Hedge funds and other institutional investors own 84.06% of the company’s stock.

About Super Micro Computer

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.