Super Micro Computer (NASDAQ:SMCI) Shares Up 4.9% - What's Next?

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.

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

Analyst Ratings Changes

SMCI has been the subject of several research reports. Wedbush reiterated a "neutral" rating and set a $30.00 price target on shares of Super Micro Computer in a report on Monday, August 4th. The Goldman Sachs Group lifted their price target on Super Micro Computer from $24.00 to $27.00 and gave the company a "sell" rating in a report on Wednesday, August 6th. Mizuho raised their price objective on Super Micro Computer from $40.00 to $47.00 and gave the company a "neutral" rating in a research note on Thursday, July 3rd. Citigroup reissued a "neutral" rating and issued a $52.00 price objective (up from $37.00) on shares of Super Micro Computer in a research note on Friday, July 11th. Finally, Barclays raised their price objective on 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. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Super Micro Computer has an average rating of "Hold" and an average target price of $45.31.

Super Micro Computer Trading Up 2.4%

The company has a debt-to-equity ratio of 0.74, a quick ratio of 3.25 and a current ratio of 5.25. The company has a 50-day simple moving average of $47.99 and a 200 day simple moving average of $42.12. The company has a market capitalization of $26.74 billion, a P/E ratio of 27.11, a P/E/G ratio of 1.10 and a beta of 1.56.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The company reported $0.41 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.03). The business had revenue of $5.76 billion during the quarter, compared to the consensus estimate 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 quarterly revenue was up 8.5% on a year-over-year basis. During the same period in the prior year, the firm earned $6.25 earnings per share. Super Micro Computer has set its Q1 2026 guidance at 0.400-0.520 EPS. FY 2026 guidance at EPS. Sell-side analysts expect that Super Micro Computer, Inc. will post 1.86 earnings per share for the current year.

Insider Transactions at Super Micro Computer

In other news, Director Liang Chiu-Chu Sara Liu sold 200,000 shares of Super Micro Computer stock in a transaction that occurred 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 of the company's stock, valued at approximately $2,425,567,200. This trade represents a 0.49% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO David E. Weigand sold 25,000 shares of Super Micro Computer stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $40.29, for a total value of $1,007,250.00. Following the sale, the chief financial officer directly owned 100,188 shares in the company, valued at $4,036,574.52. The trade was a 19.97% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 1,065,000 shares of company stock worth $53,762,450 over the last quarter. 16.30% of the stock is owned by company insiders.

Institutional Trading of Super Micro Computer

Several institutional investors have recently modified their holdings of SMCI. Vanguard Group Inc. boosted its stake in Super Micro Computer by 2.7% in the 2nd quarter. Vanguard Group Inc. now owns 66,152,948 shares of the company's stock valued at $3,242,156,000 after buying an additional 1,745,179 shares in the last quarter. Geode Capital Management LLC boosted its stake in Super Micro Computer by 2.7% in the 2nd quarter. Geode Capital Management LLC now owns 13,752,581 shares of the company's stock valued at $671,316,000 after buying an additional 364,411 shares in the last quarter. Disciplined Growth Investors Inc. MN boosted its stake in Super Micro Computer by 16.5% in the 2nd quarter. Disciplined Growth Investors Inc. MN now owns 9,730,773 shares of the company's stock valued at $476,905,000 after buying an additional 1,381,046 shares in the last quarter. Invesco Ltd. boosted its stake in Super Micro Computer by 31.6% in the 2nd quarter. Invesco Ltd. now owns 8,639,784 shares of the company's stock valued at $423,436,000 after buying an additional 2,073,978 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in Super Micro Computer by 5.3% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 3,971,739 shares of the company's stock valued at $194,655,000 after buying an additional 200,109 shares in the last quarter. Institutional investors and hedge funds own 84.06% of the company's stock.

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.