Super Micro Computer, Inc. (NASDAQ:SMCI) Stock Now Rated “Hold” by Sell-Side Brokerages

Shares of Super Micro Computer, Inc. (NASDAQ:SMCI) have been assigned an average recommendation of “Hold” from the eighteen analysts that are currently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and four have given a buy rating to the company. The average 1-year price target among analysts that have covered the stock in the last year is $43.07.

SMCI has been the subject of a number of research analyst reports. Bank of America reaffirmed an “underperform” rating on shares of Super Micro Computer in a research note on Wednesday, August 12th. Zacks Research downgraded shares of Super Micro Computer from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 12th. Needham & Company LLC restated a “buy” rating and issued a $46.00 price objective on shares of Super Micro Computer in a report on Wednesday, August 12th. Sanford C. Bernstein set a $42.00 price objective on shares of Super Micro Computer in a report on Thursday, August 13th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $51.00 target price on shares of Super Micro Computer in a research report on Friday.

Super Micro Computer Trading Up 1.5%

NASDAQ SMCI opened at $32.10 on Tuesday. Super Micro Computer has a fifty-two week low of $19.48 and a fifty-two week high of $56.60. The company has a debt-to-equity ratio of 0.65, a quick ratio of 2.07 and a current ratio of 3.87. The stock has a 50 day simple moving average of $38.85 and a two-hundred day simple moving average of $33.57. The stock has a market cap of $21.09 billion, a P/E ratio of 10.03, a price-to-earnings-growth ratio of 0.61 and a beta of 2.02.

Super Micro Computer (NASDAQ:SMCI) last issued its quarterly earnings data on Tuesday, August 11th. The company reported $1.70 earnings per share for the quarter, topping analysts’ consensus estimates of $0.92 by $0.78. Super Micro Computer had a return on equity of 27.83% and a net margin of 5.71%. The firm had revenue of $11.12 billion for the quarter, compared to analyst estimates of $11.60 billion. During the same period last year, the company earned $0.31 EPS. The business’s quarterly revenue was up 93.2% compared to the same quarter last year. Super Micro Computer has set its Q1 2027 guidance at 1.010-1.100 EPS. On average, analysts forecast that Super Micro Computer will post 3.94 earnings per share for the current year.

Insider Activity

In related news, CEO Charles Liang sold 100,000 shares of the business’s stock in a transaction dated Wednesday, October 7th. The shares were sold at an average price of $45.02, for a total transaction of $4,502,000.00. Following the transaction, the chief executive officer owned 337,506 shares in the company, valued at $15,194,520.12. The trade was a 22.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Chiu-Chu Liang sold 100,000 shares of the stock in a transaction dated Wednesday, October 7th. The stock was sold at an average price of $45.02, for a total transaction of $4,502,000.00. Following the completion of the transaction, the director directly owned 337,506 shares of the company’s stock, valued at approximately $15,194,520.12. The trade was a 22.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 400,000 shares of company stock worth $16,442,000 in the last quarter. 16.10% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. SHP Wealth Management purchased a new position in shares of Super Micro Computer in the 4th quarter valued at approximately $29,000. TOP Private Wealth LLC. bought a new stake in shares of Super Micro Computer during the second quarter valued at approximately $42,000. Comprehensive Financial Planning Inc. PA bought a new stake in shares of Super Micro Computer during the second quarter valued at approximately $43,000. Banque Cantonale Vaudoise purchased a new stake in Super Micro Computer in the first quarter worth $37,000. Finally, Contravisory Investment Management Inc. purchased a new stake in Super Micro Computer in the second quarter worth $49,000. Hedge funds and other institutional investors own 84.06% of the company’s stock.

About Super Micro Computer

Super Micro Computer, Inc develops and sells high-performance server and storage systems for data centers, cloud computing, enterprise IT, telecommunications, and other demanding computing environments. The company offers application-optimized servers, workstations, blade and rack systems, storage solutions, networking products, and related infrastructure.

Supermicro also provides systems designed for artificial intelligence, machine learning, accelerated computing, and other workloads that use graphics processing units and specialized processors.