Super Micro Computer (NASDAQ:SMCI) Stock Price Up 4.9% - Here's What Happened

Key Points

• Super Micro Computer's stock price increased by 4.9%, reaching $45.03 during trading, though the trading volume was significantly lower than average at about 18.7 million shares.
• Several analysts upgraded their ratings for Super Micro Computer, with Barclays raising its price target to $45.00 and Mizuho to $47.00, while the average target price across analysts sits at $45.31.
• In recent insider trading, CEO Charles Liang sold 300,000 shares for approximately $13.5 million, indicating significant insider activity in the company's stock.

Shares of Super Micro Computer, Inc. (NASDAQ:SMCI - Get Free Report) traded up 4.9% on Wednesday . The company traded as high as $45.57 and last traded at $45.03. 18,692,372 shares traded hands during trading, a decline of 65% from the average session volume of 53,032,086 shares. The stock had previously closed at $42.92.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on SMCI shares. JPMorgan Chase & Co. cut their price target on Super Micro Computer from $46.00 to $45.00 and set a "neutral" rating for the company in a report on Wednesday, August 6th. Raymond James Financial initiated coverage on shares of Super Micro Computer in a report on Wednesday, June 25th. They set an "outperform" rating for the company. Barclays upped their price target on shares of Super Micro Computer from $29.00 to $45.00 and gave the company an "equal weight" rating in a research note on Thursday, August 7th. Needham & Company LLC boosted their price objective on Super Micro Computer from $39.00 to $60.00 and gave the stock a "buy" rating in a report on Wednesday, August 6th. Finally, Wedbush reiterated a "neutral" rating and set a $30.00 target price on shares of Super Micro Computer in a research note on Monday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eight have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Super Micro Computer currently has a consensus rating of "Hold" and an average target price of $45.31.

Super Micro Computer Stock Performance

The stock has a market cap of $26.74 billion, a P/E ratio of 27.11, a price-to-earnings-growth ratio of 1.10 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. The stock has a 50 day simple moving average of $47.99 and a 200 day simple moving average of $42.18.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) last posted its quarterly earnings results on Tuesday, August 5th. The company reported $0.41 EPS for the quarter, missing analysts' consensus estimates of $0.44 by ($0.03). The company had revenue of $5.76 billion during the quarter, compared to analyst estimates of $5.88 billion. Super Micro Computer had a net margin of 4.77% and a return on equity of 17.14%. The firm's revenue for the quarter was up 8.5% compared to the same quarter last year. During the same period 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, equities analysts expect that Super Micro Computer, Inc. will post 1.86 earnings per share for the current year.

Insider Activity

In other news, Director Liang Chiu-Chu Sara Liu sold 300,000 shares of the firm's stock in a transaction that occurred on Wednesday, June 18th. The shares were sold at an average price of $45.00, for a total value of $13,500,000.00. Following the sale, the director directly owned 66,903,640 shares in the company, valued at approximately $3,010,663,800. This trade represents a 0.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO David E. Weigand sold 25,000 shares of the stock in a transaction on 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 owned 100,188 shares of the company's stock, valued at $4,036,574.52. The trade was a 19.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 1,065,000 shares of company stock valued at $53,762,450 in the last three months. Company insiders own 16.30% of the company's stock.

Hedge Funds Weigh In On Super Micro Computer

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Anfield Capital Management LLC acquired a new stake in Super Micro Computer during the 2nd quarter valued at approximately $25,000. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of Super Micro Computer during the second quarter worth $25,000. TD Private Client Wealth LLC increased its position in shares of Super Micro Computer by 46.0% during the second quarter. TD Private Client Wealth LLC now owns 800 shares of the company's stock worth $39,000 after buying an additional 252 shares during the period. Orion Capital Management LLC bought a new position in Super Micro Computer during the second quarter worth $39,000. Finally, Avion Wealth lifted its stake in shares of Super Micro Computer by 434.6% in the 2nd quarter. Avion Wealth now owns 834 shares of the company's stock valued at $40,000 after purchasing an additional 678 shares during the period. 84.06% of the stock is owned by institutional investors and hedge funds.

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.