Super Micro Computer (NASDAQ:SMCI) Stock Price Down 1.2% - Here's What Happened

Key Points

• Super Micro Computer shares fell by 1.2% to close at $40.29, with trading volume significantly down at 5.68 million shares compared to the average of 53.82 million.
• Analysts have mixed ratings on the stock, with target prices ranging from $24.00 to $59.00, while the current consensus rating is "Hold" with a price target of $45.31.
• The company reported Q2 earnings of $0.41 per share, which missed expectations, and a year-over-year revenue increase of 8.5%, totaling $5.76 billion.

Super Micro Computer, Inc. (NASDAQ:SMCI - Get Free Report) shares traded down 1.2% during trading on Wednesday . The stock traded as low as $40.30 and last traded at $40.29. 5,678,700 shares changed hands during trading, a decline of 89% from the average session volume of 53,823,113 shares. The stock had previously closed at $40.78.

Analyst Ratings Changes

Several analysts have commented on the company. JPMorgan Chase & Co. reduced their price objective on Super Micro Computer from $46.00 to $45.00 and set a "neutral" rating for the company in a research note on Wednesday, August 6th. The Goldman Sachs Group boosted their target price on Super Micro Computer from $24.00 to $27.00 and gave the stock a "sell" rating in a research report on Wednesday, August 6th. Barclays boosted their target price on Super Micro Computer from $29.00 to $45.00 and gave the stock an "equal weight" rating in a research report on Thursday, August 7th. Northland Securities set a $59.00 target price on Super Micro Computer in a research report on Wednesday, May 7th. Finally, KGI Securities started coverage on Super Micro Computer in a research report on Wednesday, May 7th. They set a "neutral" rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat, Super Micro Computer currently has a consensus rating of "Hold" and an average price target of $45.31.

Super Micro Computer Trading Down 1.7%

The firm has a market cap of $23.83 billion, a price-to-earnings ratio of 24.15, a PEG ratio of 1.04 and a beta of 1.56. The company has a debt-to-equity ratio of 0.74, a quick ratio of 3.32 and a current ratio of 5.25. The business has a fifty day moving average of $48.96 and a two-hundred day moving average of $42.75.

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

Insider Buying and Selling at Super Micro Computer

In other Super Micro Computer news, Director Liang Chiu-Chu Sara Liu sold 200,000 shares of the stock in a transaction on 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 sale, the director owned 40,426,120 shares in the company, valued at approximately $2,425,567,200. This represents a 0.49% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Charles Liang sold 200,000 shares of the stock in a transaction on Monday, July 28th. The shares were sold at an average price of $60.00, for a total value of $12,000,000.00. Following the sale, the chief executive officer owned 40,426,120 shares in the company, valued at approximately $2,425,567,200. This trade represents a 0.49% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 1,040,000 shares of company stock worth $52,755,200. 16.30% of the stock is owned by insiders.

Institutional Investors Weigh In On Super Micro Computer

Several hedge funds have recently made changes to their positions in the business. Centaurus Financial Inc. boosted its holdings in shares of Super Micro Computer by 15.1% during the second quarter. Centaurus Financial Inc. now owns 8,212 shares of the company's stock worth $402,000 after purchasing an additional 1,080 shares during the last quarter. Thrivent Financial for Lutherans boosted its holdings in shares of Super Micro Computer by 25.9% during the second quarter. Thrivent Financial for Lutherans now owns 24,847 shares of the company's stock worth $1,211,000 after purchasing an additional 5,109 shares during the last quarter. Pathway Financial Advisers LLC acquired a new stake in shares of Super Micro Computer during the second quarter worth $387,000. B. Riley Wealth Advisors Inc. acquired a new stake in shares of Super Micro Computer during the second quarter worth $1,169,000. Finally, Marex Group plc acquired a new stake in shares of Super Micro Computer during the second quarter worth $14,118,000. Institutional investors and hedge funds 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.