Super Micro Computer (NASDAQ:SMCI) Shares Down 2.5% – Should You Sell?

Super Micro Computer, Inc. (NASDAQ:SMCI)’s stock price traded down 2.5% during trading on Thursday . The stock traded as low as $32.91 and last traded at $34.02. 22,985,593 shares changed hands during mid-day trading, a decline of 50% from the average session volume of 46,390,539 shares. The stock had previously closed at $34.90.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on SMCI shares. JPMorgan Chase & Co. lowered their target price 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. Rosenblatt Securities lowered their price target on Super Micro Computer from $60.00 to $55.00 and set a “buy” rating on the stock in a report on Wednesday, November 5th. Wedbush lowered their price objective on shares of Super Micro Computer from $48.00 to $42.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 5th. Raymond James Financial cut their target price on Super Micro Computer from $53.00 to $50.00 and set an “outperform” rating for the company in a research report on Wednesday, November 5th. Finally, KGI Securities upgraded Super Micro Computer from a “neutral” rating to an “outperform” rating and set a $60.00 price target on the stock in a research report on Wednesday, November 5th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eight have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Super Micro Computer currently has a consensus rating of “Hold” and a consensus target price of $48.38.

Super Micro Computer Price Performance

The stock has a 50-day moving average of $43.68 and a two-hundred day moving average of $45.52. The firm has a market cap of $20.31 billion, a price-to-earnings ratio of 27.22, a price-to-earnings-growth ratio of 0.71 and a beta of 1.52. The company has a current ratio of 5.39, a quick ratio of 2.95 and a debt-to-equity ratio of 0.72.

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

Insider Activity

In related news, CFO David E. Weigand sold 25,000 shares of Super Micro Computer stock in a transaction 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 completion of the sale, 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 16.30% of the company’s stock.

Institutional Investors Weigh In On Super Micro Computer

A number of hedge funds and other institutional investors have recently made changes to their positions in SMCI. Nuveen LLC acquired a new position in Super Micro Computer in the first quarter worth approximately $53,031,000. Meridian Wealth Management LLC bought a new position in shares of Super Micro Computer during the 1st quarter valued at $266,000. Public Sector Pension Investment Board lifted its stake in shares of Super Micro Computer by 7.5% in the 1st quarter. Public Sector Pension Investment Board now owns 75,469 shares of the company’s stock valued at $2,584,000 after purchasing an additional 5,293 shares during the last quarter. Resona Asset Management Co. Ltd. lifted its stake in shares of Super Micro Computer by 5.0% in the 1st quarter. Resona Asset Management Co. Ltd. now owns 162,713 shares of the company’s stock valued at $5,572,000 after purchasing an additional 7,744 shares during the last quarter. Finally, Russell Investments Group Ltd. boosted its holdings in Super Micro Computer by 118.5% in the first quarter. Russell Investments Group Ltd. now owns 289,928 shares of the company’s stock worth $9,927,000 after purchasing an additional 157,240 shares in the last quarter. 84.06% of the stock is owned by hedge funds and other institutional investors.

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.