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

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

Wall Street Analyst Weigh In

Several brokerages have recently commented on SMCI. Rosenblatt Securities lowered their price objective 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. Northland Securities set a $63.00 target price on Super Micro Computer in a research note on Wednesday, November 5th. JPMorgan Chase & Co. dropped their price target on Super Micro Computer from $43.00 to $40.00 and set a “neutral” rating for the company in a research note on Wednesday, November 5th. Barclays cut 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. Finally, Wall Street Zen downgraded shares of Super Micro Computer from a “hold” rating to a “sell” rating in a report on Saturday, November 15th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $48.38.

Super Micro Computer Stock Up 1.3%

The business has a 50-day moving average price of $44.73 and a 200 day moving average price of $45.69. The company has a current ratio of 5.39, a quick ratio of 2.95 and a debt-to-equity ratio of 0.72. The stock has a market capitalization 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 released its quarterly 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 net margin of 3.77% and a return on equity of 12.70%. The business had revenue of $5.02 billion for the quarter, compared to analysts’ expectations of $6.48 billion. During the same period in the previous year, the company earned $0.73 EPS. Super Micro Computer’s revenue for the quarter 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, equities analysts expect that Super Micro Computer, Inc. will post 1.86 EPS for the current fiscal year.

Insiders Place Their Bets

In other Super Micro Computer news, CFO David E. Weigand sold 25,000 shares of the company’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 transaction of $1,128,500.00. Following the sale, the chief financial officer directly owned 100,188 shares in the company, valued at $4,522,486.32. This represents a 19.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. 16.30% of the stock is owned by insiders.

Hedge Funds Weigh In On Super Micro Computer

Several large investors have recently modified their holdings of SMCI. Natixis Advisors LLC increased its position in Super Micro Computer by 62.3% during the first quarter. Natixis Advisors LLC now owns 16,612 shares of the company’s stock valued at $569,000 after acquiring an additional 6,379 shares during the last quarter. US Bancorp DE raised its position in Super Micro Computer by 36.2% in the 1st quarter. US Bancorp DE now owns 39,307 shares of the company’s stock worth $1,346,000 after purchasing an additional 10,444 shares during the period. PNC Financial Services Group Inc. lifted its stake in Super Micro Computer by 20.2% in the first quarter. PNC Financial Services Group Inc. now owns 48,396 shares of the company’s stock worth $1,657,000 after purchasing an additional 8,148 shares during the last quarter. Blair William & Co. IL purchased a new position in shares of Super Micro Computer during the first quarter valued at approximately $451,000. Finally, Atria Wealth Solutions Inc. grew its stake in shares of Super Micro Computer by 29.5% during the first quarter. Atria Wealth Solutions Inc. now owns 41,038 shares of the company’s stock valued at $1,405,000 after buying an additional 9,349 shares during the last quarter. 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.