Super Micro Computer (NASDAQ:SMCI) Trading 2% Higher – Here’s Why

Shares of Super Micro Computer, Inc. (NASDAQ:SMCI) traded up 2% during mid-day trading on Monday . The company traded as high as $35.88 and last traded at $35.37. 20,993,877 shares changed hands during trading, a decline of 55% from the average session volume of 46,748,098 shares. The stock had previously closed at $34.69.

Wall Street Analyst Weigh In

A number of brokerages have commented on SMCI. The Goldman Sachs Group set a $34.00 price objective on Super Micro Computer and gave the stock a “sell” rating in a report on Wednesday, November 5th. Weiss Ratings reiterated a “hold (c)” rating on shares of Super Micro Computer in a report on Monday, December 1st. Argus set a $64.00 price objective on Super Micro Computer in a research note on Thursday, November 6th. Needham & Company LLC cut their price objective on shares of Super Micro Computer from $60.00 to $51.00 and set a “buy” rating on the stock in a report on Wednesday, November 5th. Finally, Sanford C. Bernstein reduced their target price on shares of Super Micro Computer from $46.00 to $42.00 and set a “market perform” rating for the company in a research note on Wednesday, November 5th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, Super Micro Computer currently has an average rating of “Hold” and an average price target of $48.38.

Super Micro Computer Stock Up 2.0%

The firm has a market capitalization of $21.11 billion, a PE ratio of 28.30, a P/E/G ratio of 0.70 and a beta of 1.53. The stock has a 50-day simple moving average of $44.51 and a 200-day simple moving average of $45.67. The company has a quick ratio of 2.95, a current ratio of 5.39 and a debt-to-equity ratio of 0.72.

Super Micro Computer (NASDAQ:SMCI) last posted its quarterly 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). Super Micro Computer had a return on equity of 12.70% and a net margin of 3.77%.The firm had revenue of $5.02 billion for the quarter, compared to the consensus estimate of $6.48 billion. During the same quarter in the previous year, the company posted $0.73 EPS. The firm’s revenue 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. Analysts forecast that Super Micro Computer, Inc. will post 1.86 EPS for the current year.

Insider Buying and Selling at Super Micro Computer

In other news, CFO David E. Weigand sold 25,000 shares of the business’s stock in a transaction that occurred on 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 sale, the chief financial officer owned 100,188 shares of the company’s stock, valued at $4,522,486.32. The trade was a 19.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 16.30% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of SMCI. Anfield Capital Management LLC purchased a new stake in shares of Super Micro Computer during the second quarter worth $25,000. Twin Peaks Wealth Advisors LLC bought a new stake in shares of Super Micro Computer during the 2nd quarter valued at $25,000. Armstrong Advisory Group Inc. purchased a new stake in Super Micro Computer during the 3rd quarter worth about $29,000. Hazlett Burt & Watson Inc. boosted its stake in Super Micro Computer by 68.6% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 661 shares of the company’s stock worth $31,000 after purchasing an additional 269 shares during the period. Finally, Beaird Harris Wealth Management LLC purchased a new position in Super Micro Computer during the 1st quarter valued at about $34,000. 84.06% of the stock is currently owned by hedge funds and other institutional investors.

About Super Micro Computer

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.