Super Micro Computer (NASDAQ:SMCI) Stock Price Down 2.5% – Here’s What Happened

by · The Cerbat Gem

Super Micro Computer, Inc. (NASDAQ:SMCI – Get Free Report) was down 2.5% on Thursday . The company traded as low as $32.91 and last traded at $34.02. Approximately 22,985,593 shares traded hands during trading, a decline of 50% from the average daily volume of 46,390,539 shares. The stock had previously closed at $34.90.

Analyst Ratings Changes

Several equities research analysts recently weighed in on SMCI shares. KGI Securities raised shares of Super Micro Computer from a “neutral” rating to an “outperform” rating and set a $60.00 price objective for the company in a report on Wednesday, November 5th. Weiss Ratings restated a “hold (c)” rating on shares of Super Micro Computer in a research report on Monday. 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 report on Wednesday, November 5th. Raymond James Financial dropped their target price on Super Micro Computer from $53.00 to $50.00 and set an “outperform” rating on the stock in a report on Wednesday, November 5th. Finally, Northland Securities set a $63.00 target price on Super Micro Computer in a research report on Wednesday, November 5th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, Super Micro Computer has an average rating of “Hold” and an average target price of $48.38.

Get Our Latest Stock Report on SMCI

Super Micro Computer Price Performance

The company has a fifty day simple moving average of $42.92 and a 200-day simple moving average of $45.38. The company has a market cap of $19.30 billion, a P/E ratio of 25.86, a PEG ratio of 0.69 and a beta of 1.52. The company has a debt-to-equity ratio of 0.72, a current ratio of 5.39 and a quick ratio of 2.95.

Super Micro Computer (NASDAQ:SMCI – Get Free Report) last issued its earnings results on Tuesday, November 4th. The company reported $0.35 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.11). Super Micro Computer had a return on equity of 12.70% and a net margin of 3.77%.The company had revenue of $5.02 billion during the quarter, compared to analyst estimates of $6.48 billion. During the same quarter in the previous year, the firm earned $0.73 earnings per share. The business’s revenue was down 15.5% compared to the same quarter last year. Super Micro Computer has set its Q2 2026 guidance at 0.460-0.540 EPS. On average, sell-side analysts predict that Super Micro Computer, Inc. will post 1.86 earnings per share for the current year.

Insider Buying and Selling

In other Super Micro Computer news, CFO David E. Weigand sold 25,000 shares of the firm’s stock in a transaction dated 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 transaction, the chief financial officer directly owned 100,188 shares in the company, valued at $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 is available through this link. Corporate insiders own 16.30% of the company’s stock.

Institutional Investors Weigh In On Super Micro Computer

Several hedge funds have recently made changes to their positions in SMCI. Blue Trust Inc. grew its stake in shares of Super Micro Computer by 16.1% in the 2nd quarter. Blue Trust Inc. now owns 1,557 shares of the company’s stock worth $76,000 after acquiring an additional 216 shares in the last quarter. Hartford Investment Management Co. boosted its holdings in Super Micro Computer by 0.8% during the second quarter. Hartford Investment Management Co. now owns 30,976 shares of the company’s stock worth $1,518,000 after purchasing an additional 235 shares during the last quarter. Securian Asset Management Inc. boosted its holdings in Super Micro Computer by 0.9% during the second quarter. Securian Asset Management Inc. now owns 26,834 shares of the company’s stock worth $1,315,000 after purchasing an additional 246 shares during the last quarter. Wealthcare Advisory Partners LLC grew its position in Super Micro Computer by 1.2% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 21,798 shares of the company’s stock worth $1,068,000 after purchasing an additional 248 shares in the last quarter. Finally, TD Private Client Wealth LLC increased its stake in Super Micro Computer by 46.0% in the 2nd quarter. TD Private Client Wealth LLC now owns 800 shares of the company’s stock valued at $39,000 after buying an additional 252 shares during the last quarter. Hedge funds and other institutional investors own 84.06% of the company’s stock.

About Super Micro Computer

(Get Free Report)

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.

Featured Articles