Super Micro Computer (NASDAQ:SMCI) Shares Up 3.2% – Here’s What Happened

Super Micro Computer, Inc. (NASDAQ:SMCI)’s share price shot up 3.2% on Friday . The stock traded as high as $52.99 and last traded at $51.96. 19,716,591 shares traded hands during mid-day trading, a decline of 60% from the average session volume of 49,045,773 shares. The stock had previously closed at $50.37.

Wall Street Analyst Weigh In

SMCI has been the topic of a number of recent research reports. Needham & Company LLC raised their price objective on Super Micro Computer from $39.00 to $60.00 and gave the company a “buy” rating in a research note on Wednesday, August 6th. Wedbush restated a “neutral” rating and set a $30.00 price target on shares of Super Micro Computer in a research report on Monday, August 4th. Bank of America began coverage on Super Micro Computer in a research report on Wednesday, July 9th. They issued an “underperform” rating and a $35.00 price objective for the company. Weiss Ratings reissued a “hold (c+)” rating on shares of Super Micro Computer in a research note on Wednesday, October 8th. Finally, JPMorgan Chase & Co. lowered their price target on shares of Super Micro Computer from $45.00 to $43.00 and set a “neutral” rating for the company in a report on Friday, October 24th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $47.57.

Super Micro Computer Stock Up 3.2%

The company’s fifty day simple moving average is $48.26 and its 200 day simple moving average is $45.49. The company has a current ratio of 5.25, a quick ratio of 3.25 and a debt-to-equity ratio of 0.74. The firm has a market capitalization of $30.88 billion, a P/E ratio of 31.30, a price-to-earnings-growth ratio of 1.30 and a beta of 1.55.

Super Micro Computer (NASDAQ:SMCI) last released its quarterly earnings results on Tuesday, August 5th. The company reported $0.41 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.03). The company had revenue of $5.76 billion during the quarter, compared to the consensus estimate of $5.88 billion. Super Micro Computer had a return on equity of 17.14% and a net margin of 4.77%.Super Micro Computer’s quarterly revenue was up 8.5% on a year-over-year basis. During the same period in the previous year, the company earned $6.25 earnings per share. Super Micro Computer has set its Q1 2026 guidance at 0.400-0.520 EPS. FY 2026 guidance at EPS. Research analysts expect that Super Micro Computer, Inc. will post 1.86 EPS for the current year.

Insiders Place Their Bets

In other news, CFO David E. Weigand sold 25,000 shares of the business’s stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $45.14, for a total value of $1,128,500.00. Following the sale, the chief financial officer directly owned 100,188 shares of the company’s stock, valued at $4,522,486.32. The trade was a 19.97% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, 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 value of $1,755,200.00. Following the transaction, the senior vice president owned 21,820 shares of the company’s stock, valued at $957,461.60. The trade was a 64.70% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 90,000 shares of company stock valued at $3,890,950. 16.30% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Sagespring Wealth Partners LLC lifted its position in Super Micro Computer by 16.2% in the 3rd quarter. Sagespring Wealth Partners LLC now owns 5,372 shares of the company’s stock valued at $258,000 after acquiring an additional 748 shares in the last quarter. International Assets Investment Management LLC lifted its holdings in shares of Super Micro Computer by 1.6% during the third quarter. International Assets Investment Management LLC now owns 32,195 shares of the company’s stock valued at $1,520,000 after purchasing an additional 520 shares in the last quarter. Seelaus Asset Management LLC boosted its position in shares of Super Micro Computer by 18.3% during the third quarter. Seelaus Asset Management LLC now owns 11,075 shares of the company’s stock valued at $531,000 after buying an additional 1,715 shares during the last quarter. Acorn Wealth Advisors LLC bought a new stake in Super Micro Computer in the 3rd quarter worth about $384,000. Finally, PFG Investments LLC raised its position in Super Micro Computer by 13.8% in the 3rd quarter. PFG Investments LLC now owns 14,395 shares of the company’s stock worth $690,000 after buying an additional 1,745 shares during the last quarter. 84.06% of the stock is 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.