Super Micro Computer (NASDAQ:SMCI) Shares Up 1.2% - Time to Buy?

Key Points

• Super Micro Computer (NASDAQ:SMCI) shares increased by 1.2% to $40.92, despite a significant decline in trading volume.
• Equities analysts have mixed ratings on SMCI, with target prices ranging from $29 to $60, while the consensus rating is currently "Hold" with an average price target of $45.31.
• Recent insider trading included CFO David E. Weigand selling 25,000 shares and CEO Charles Liang selling 200,000 shares, both indicating a reduction in their ownership stakes.

Super Micro Computer, Inc. (NASDAQ:SMCI - Get Free Report) rose 1.2% during trading on Monday . The stock traded as high as $41.12 and last traded at $40.92. Approximately 6,699,118 shares traded hands during trading, a decline of 87% from the average daily volume of 53,255,016 shares. The stock had previously closed at $40.41.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on SMCI shares. Barclays lifted their price target on shares of Super Micro Computer from $29.00 to $45.00 and gave the stock an "equal weight" rating in a report on Thursday, August 7th. JPMorgan Chase & Co. cut their target price on shares of Super Micro Computer from $46.00 to $45.00 and set a "neutral" rating for the company in a research report on Wednesday, August 6th. Mizuho lifted their target price on shares of Super Micro Computer from $40.00 to $47.00 and gave the stock a "neutral" rating in a report on Thursday, July 3rd. Needham & Company LLC increased their price objective on shares of Super Micro Computer from $39.00 to $60.00 and gave the company a "buy" rating in a report on Wednesday, August 6th. Finally, Wedbush reiterated a "neutral" rating and set a $30.00 price objective on shares of Super Micro Computer in a research note on Monday, August 4th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $45.31.

Super Micro Computer Stock Down 0.8%

The stock's 50-day moving average is $48.51 and its 200-day moving average is $42.33. The stock has a market cap of $23.82 billion, a P/E ratio of 24.12, a price-to-earnings-growth ratio of 1.01 and a beta of 1.56. The company has a current ratio of 5.25, a quick ratio of 3.25 and a debt-to-equity ratio of 0.74.

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 (EPS) for the quarter, missing analysts' consensus estimates of $0.44 by ($0.03). Super Micro Computer had a net margin of 4.77% and a return on equity of 17.14%. The business had revenue of $5.76 billion during the quarter, compared to the consensus estimate of $5.88 billion. During the same period in the prior year, the firm earned $6.25 earnings per share. The business's quarterly revenue was up 8.5% compared to the same quarter last year. Super Micro Computer has set its Q1 2026 guidance at 0.400-0.520 EPS. FY 2026 guidance at EPS. As a group, research analysts anticipate that Super Micro Computer, Inc. will post 1.86 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Super Micro Computer news, CFO David E. Weigand sold 25,000 shares of the stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $40.29, for a total value of $1,007,250.00. Following the completion of the transaction, the chief financial officer directly owned 100,188 shares of the company's stock, valued at approximately $4,036,574.52. This trade represents a 19.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Charles Liang sold 200,000 shares of the business's stock in a transaction dated Monday, July 28th. The stock was sold at an average price of $60.00, for a total transaction of $12,000,000.00. Following the completion of the sale, the chief executive officer directly owned 40,426,120 shares of the company's stock, valued at $2,425,567,200. The trade was a 0.49% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 1,065,000 shares of company stock worth $53,762,450. Company insiders own 16.30% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Clear Street LLC bought a new stake in Super Micro Computer during the second quarter worth $158,724,000. Norges Bank acquired a new position in shares of Super Micro Computer during the second quarter worth $150,395,000. Marshall Wace LLP boosted its position in Super Micro Computer by 596.4% during the second quarter. Marshall Wace LLP now owns 3,437,714 shares of the company's stock worth $168,482,000 after purchasing an additional 2,944,049 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Super Micro Computer by 6,368.8% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,815,996 shares of the company's stock valued at $85,832,000 after buying an additional 2,772,464 shares during the period. Finally, Vanguard Group Inc. boosted its holdings in Super Micro Computer by 3.9% during the first quarter. Vanguard Group Inc. now owns 64,407,769 shares of the company's stock worth $2,205,322,000 after buying an additional 2,415,276 shares in the last quarter. 84.06% of the stock is owned by institutional investors and hedge funds.

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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