Super Micro Computer (NASDAQ:SMCI) Shares Down 4% Following Analyst Downgrade

Super Micro Computer, Inc. (NASDAQ:SMCI)’s stock price traded down 4% during trading on Thursday after Raymond James Financial lowered their price target on the stock from $53.00 to $50.00. Raymond James Financial currently has an outperform rating on the stock. Super Micro Computer traded as low as $40.30 and last traded at $40.34. 31,873,640 shares traded hands during trading, a decline of 35% from the average session volume of 48,852,820 shares. The stock had previously closed at $42.03.

SMCI has been the subject of a number of other reports. Mizuho dropped their price objective on Super Micro Computer from $50.00 to $45.00 and set a “neutral” rating for the company in a report on Wednesday. Weiss Ratings restated a “hold (c+)” rating on shares of Super Micro Computer in a report on Wednesday, October 8th. Northland Securities set a $63.00 price objective on Super Micro Computer in a report on Wednesday. Bank of America initiated coverage on Super Micro Computer in a report on Wednesday, July 9th. They issued an “underperform” rating and a $35.00 price target for the company. Finally, Argus upgraded Super Micro Computer from a “hold” rating to a “buy” rating and set a $64.00 price target for the company in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $48.38.

Insider Activity

In other news, CFO David E. Weigand sold 25,000 shares of the stock in a transaction dated Monday, September 15th. The shares were 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 of the company’s stock, 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 document filed with the SEC, which is accessible through this hyperlink. Also, SVP George Kao sold 40,000 shares of the stock in a transaction dated 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 directly owned 21,820 shares in the company, valued at $957,461.60. The trade was a 64.70% 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 valued at $3,890,950 over the last 90 days. Insiders own 16.30% of the company’s stock.

Hedge Funds Weigh In On Super Micro Computer

Several large investors have recently modified their holdings of the stock. Ameritas Advisory Services LLC bought a new position in shares of Super Micro Computer during the third quarter worth about $504,000. Abich Financial Wealth Management LLC bought a new position in shares of Super Micro Computer during the third quarter worth about $102,000. Public Sector Pension Investment Board lifted its position in shares of Super Micro Computer by 5.2% during the third quarter. Public Sector Pension Investment Board now owns 52,191 shares of the company’s stock worth $2,502,000 after purchasing an additional 2,584 shares during the last quarter. Rhumbline Advisers lifted its position in shares of Super Micro Computer by 1.5% during the third quarter. Rhumbline Advisers now owns 1,049,081 shares of the company’s stock worth $50,293,000 after purchasing an additional 15,829 shares during the last quarter. Finally, Krilogy Financial LLC bought a new position in shares of Super Micro Computer during the third quarter worth about $401,000. Institutional investors own 84.06% of the company’s stock.

Super Micro Computer Stock Down 4.0%

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’s 50-day moving average price is $48.40 and its 200 day moving average price is $45.81. The firm has a market cap of $23.97 billion, a P/E ratio of 24.30, a PEG ratio of 1.30 and a beta of 1.55.

Super Micro Computer (NASDAQ:SMCI) 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 17.14% and a net margin of 4.77%.The business had revenue of $5.02 billion during the quarter, compared to the consensus estimate of $6.48 billion. During the same period in the prior year, the business earned $0.73 EPS. The business’s revenue was down 15.5% on a year-over-year basis. Super Micro Computer has set its Q2 2026 guidance at 0.460-0.540 EPS. FY 2026 guidance at EPS. On average, equities research analysts expect that Super Micro Computer, Inc. will post 1.86 earnings per share for the current fiscal year.

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.