Super Micro Computer (NASDAQ:SMCI) Shares Down 1% - Here's What Happened

Key Points

• Super Micro Computer's shares fell 1% to $51.96, with trading volume down 40% from the average session.
• Analyst ratings for SMCI include one Strong Buy, six Buy, ten Hold, and two Sell, with a consensus rating of "Hold" and an average target price of $45.36.
• The company reported a quarterly EPS of $0.41, missing estimates, with revenues of $5.76 billion, also below the consensus estimate.

Shares of Super Micro Computer, Inc. (NASDAQ:SMCI - Get Free Report) traded down 1% during trading on Friday . The stock traded as low as $50.80 and last traded at $51.96. 30,827,280 shares traded hands during mid-day trading, a decline of 40% from the average session volume of 50,980,836 shares. The stock had previously closed at $52.50.

Wall Street Analysts Forecast Growth

SMCI has been the topic of several research reports. Bank of America began coverage on Super Micro Computer in a research note on Wednesday, July 9th. They issued an "underperform" rating and a $35.00 target price on the stock. Raymond James Financial began coverage on shares of Super Micro Computer in a report on Wednesday, June 25th. They issued an "outperform" rating on the stock. Mizuho upped their target price on Super Micro Computer from $40.00 to $47.00 and gave the stock a "neutral" rating in a research note on Thursday, July 3rd. Zacks Research raised shares of Super Micro Computer to a "hold" rating in a report on Monday, August 11th. Finally, JPMorgan Chase & Co. reduced their price objective on Super Micro Computer from $46.00 to $45.00 and set a "neutral" rating on the stock in a research report on Wednesday, August 6th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $45.36.

Super Micro Computer Trading Down 1.0%

The stock has a market capitalization of $30.88 billion, a P/E ratio of 31.30, a price-to-earnings-growth ratio of 1.31 and a beta of 1.55. The stock has a 50-day moving average price of $46.87 and a two-hundred day moving average price of $42.90. The company has a debt-to-equity ratio of 0.74, a quick ratio of 3.25 and a current ratio of 5.25.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The company reported $0.41 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.03). The company had revenue of $5.76 billion during the quarter, compared to the consensus estimate of $5.88 billion. Super Micro Computer had a net margin of 4.77% and a return on equity of 17.14%. The business's revenue was up 8.5% on a year-over-year basis. During the same quarter last year, the firm earned $6.25 EPS. Super Micro Computer has set its Q1 2026 guidance at 0.400-0.520 EPS. FY 2026 guidance at EPS. On average, research analysts forecast that Super Micro Computer, Inc. will post 1.86 EPS for the current fiscal year.

Insider Transactions at Super Micro Computer

In other news, SVP George Kao sold 40,000 shares of the business's stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $43.88, for a total transaction of $1,755,200.00. Following the sale, the senior vice president owned 21,820 shares in the company, valued at approximately $957,461.60. The trade was a 64.70% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO David E. Weigand sold 25,000 shares of the business'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 value of $1,128,500.00. Following the completion of the sale, the chief financial officer directly owned 100,188 shares in the company, valued at approximately $4,522,486.32. This represents a 19.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 490,000 shares of company stock valued at $27,890,950. Company insiders own 16.30% of the company's stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. GAMMA Investing LLC lifted its position in Super Micro Computer by 18.2% in the 3rd quarter. GAMMA Investing LLC now owns 14,470 shares of the company's stock valued at $694,000 after acquiring an additional 2,223 shares in the last quarter. Rowlandmiller & PARTNERS.ADV lifted its stake in Super Micro Computer by 4.3% during the 3rd quarter. Rowlandmiller & PARTNERS.ADV now owns 95,123 shares of the company's stock valued at $4,560,000 after acquiring an additional 3,910 shares during the period. Praxis Investment Management Inc. lifted its position in Super Micro Computer by 65.4% during the third quarter. Praxis Investment Management Inc. now owns 19,866 shares of the company's stock valued at $952,000 after purchasing an additional 7,856 shares during the period. Valeo Financial Advisors LLC lifted its holdings in shares of Super Micro Computer by 18.8% during the 2nd quarter. Valeo Financial Advisors LLC now owns 19,322 shares of the company's stock valued at $947,000 after buying an additional 3,060 shares during the period. Finally, NWF Advisory Services Inc. bought a new position in shares of Super Micro Computer during the 2nd quarter valued at $275,000. Institutional investors own 84.06% of the company's stock.

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.

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