Super Micro Computer (NASDAQ:SMCI) Stock Price Up 1.3% – Here’s Why

Shares of Super Micro Computer, Inc. (NASDAQ:SMCI) rose 1.3% during trading on Friday . The stock traded as high as $34.79 and last traded at $34.69. Approximately 19,283,783 shares traded hands during mid-day trading, a decline of 59% from the average daily volume of 46,857,992 shares. The stock had previously closed at $34.23.

Analyst Upgrades and Downgrades

SMCI has been the subject of a number of research analyst reports. Barclays decreased their price objective on shares of Super Micro Computer from $45.00 to $43.00 and set an “equal weight” rating for the company in a report on Wednesday, November 5th. Argus set a $64.00 price target on shares of Super Micro Computer in a research note on Thursday, November 6th. Raymond James Financial dropped their price objective on Super Micro Computer from $53.00 to $50.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 5th. The Goldman Sachs Group set a $34.00 target price on Super Micro Computer and gave the company a “sell” rating in a research report on Wednesday, November 5th. Finally, Rosenblatt Securities dropped their price target on Super Micro Computer from $60.00 to $55.00 and set a “buy” rating on the stock 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, seven have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $48.38.

Super Micro Computer Stock Up 1.3%

The business’s 50 day moving average is $44.73 and its 200 day moving average is $45.69. The company has a quick ratio of 2.95, a current ratio of 5.39 and a debt-to-equity ratio of 0.72. The company has a market cap of $20.71 billion, a P/E ratio of 27.75, a P/E/G ratio of 0.69 and a beta of 1.52.

Super Micro Computer (NASDAQ:SMCI) last announced its earnings results on Tuesday, November 4th. The company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by ($0.11). The company had revenue of $5.02 billion for the quarter, compared to the consensus estimate of $6.48 billion. Super Micro Computer had a net margin of 3.77% and a return on equity of 12.70%. The firm’s revenue was down 15.5% compared to the same quarter last year. During the same period last year, the business posted $0.73 EPS. Super Micro Computer has set its Q2 2026 guidance at 0.460-0.540 EPS. As a group, equities analysts anticipate that Super Micro Computer, Inc. will post 1.86 earnings per share for the current fiscal year.

Insider Transactions at Super Micro Computer

In other Super Micro Computer news, CFO David E. Weigand sold 25,000 shares of the business’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 approximately $4,522,486.32. The trade was a 19.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 16.30% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Vanguard Group Inc. increased its holdings in shares of Super Micro Computer by 2.7% in the second quarter. Vanguard Group Inc. now owns 66,152,948 shares of the company’s stock valued at $3,242,156,000 after purchasing an additional 1,745,179 shares during the last quarter. Park Avenue Securities LLC acquired a new stake in shares of Super Micro Computer in the 2nd quarter worth $310,000. Norges Bank purchased a new position in shares of Super Micro Computer during the 2nd quarter worth $150,395,000. Bank Hapoalim BM acquired a new position in shares of Super Micro Computer during the 2nd quarter valued at about $748,000. Finally, Fiduciary Planning LLC purchased a new stake in shares of Super Micro Computer in the second quarter valued at about $255,000. Hedge funds and other institutional investors own 84.06% of the company’s stock.

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.