Super Micro Computer (NASDAQ:SMCI) Trading Down 2.3% – Here’s Why

Shares of Super Micro Computer, Inc. (NASDAQ:SMCI) traded down 2.3% during trading on Wednesday . The company traded as low as $37.57 and last traded at $37.91. 24,541,059 shares traded hands during trading, a decline of 49% from the average session volume of 48,440,387 shares. The stock had previously closed at $38.82.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on SMCI shares. Argus set a $64.00 target price on shares of Super Micro Computer in a research report on Thursday, November 6th. The Goldman Sachs Group set a $34.00 price target on Super Micro Computer and gave the stock a “sell” rating in a report on Wednesday, November 5th. Barclays decreased their target price on Super Micro Computer from $45.00 to $43.00 and set an “equal weight” rating on the stock in a research report on Wednesday, November 5th. Mizuho dropped their price target on 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, Raymond James Financial decreased their price objective on shares of Super Micro Computer from $53.00 to $50.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 5th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, Super Micro Computer presently has an average rating of “Hold” and an average price target of $48.38.

Super Micro Computer Price Performance

The company has a debt-to-equity ratio of 0.74, a current ratio of 5.25 and a quick ratio of 3.25. The firm has a market capitalization of $22.53 billion, a PE ratio of 22.84, a P/E/G ratio of 1.30 and a beta of 1.50. The company has a 50-day moving average price of $48.23 and a 200-day moving average price of $46.09.

Super Micro Computer (NASDAQ:SMCI) last announced its earnings results 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 company’s revenue for the quarter was down 15.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.73 EPS. Super Micro Computer has set its Q2 2026 guidance at 0.460-0.540 EPS. FY 2026 guidance at EPS. Sell-side analysts forecast that Super Micro Computer, Inc. will post 1.86 EPS for the current year.

Insider Activity at Super Micro Computer

In other Super Micro Computer news, SVP George Kao sold 40,000 shares of the stock in a transaction on Friday, August 22nd. The stock was 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 of the company’s stock, valued at $957,461.60. This represents a 64.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CFO David E. Weigand sold 25,000 shares of the firm’s stock in a transaction 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 owned 100,188 shares in the company, valued at $4,522,486.32. This trade represents a 19.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 90,000 shares of company stock worth $3,890,950 in the last three months. Insiders own 16.30% of the company’s stock.

Institutional Trading of Super Micro Computer

A number of hedge funds have recently added to or reduced their stakes in the business. Anfield Capital Management LLC acquired a new stake in shares of Super Micro Computer in the second quarter worth approximately $25,000. Twin Peaks Wealth Advisors LLC purchased a new position in Super Micro Computer during the second quarter worth approximately $25,000. Armstrong Advisory Group Inc. acquired a new position in shares of Super Micro Computer in the 3rd quarter valued at $29,000. Hazlett Burt & Watson Inc. grew its stake in shares of Super Micro Computer by 68.6% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 661 shares of the company’s stock valued at $31,000 after buying an additional 269 shares during the period. Finally, TD Private Client Wealth LLC increased its holdings in shares of Super Micro Computer by 46.0% during the 2nd quarter. TD Private Client Wealth LLC now owns 800 shares of the company’s stock worth $39,000 after buying an additional 252 shares during the last quarter. 84.06% of the stock is owned by institutional investors and hedge funds.

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.