Super Micro Computer (NASDAQ:SMCI) Trading 9.3% Higher - What's Next?

Key Points

• Super Micro Computer's shares surged 9.3% to $52.39, but daily trading volume fell 6% compared to the average.
• Analysts have issued a mixed bag of ratings for SMCI, with one Strong Buy, six Buy, nine Hold, and two Sell ratings, bringing the consensus rating to "Hold".
• CEO Charles Liang sold 200,000 shares for $12 million, reducing his position slightly, while insiders collectively sold 490,000 shares valued at nearly $27.9 million over the last ninety days.

Shares of Super Micro Computer, Inc. (NASDAQ:SMCI - Get Free Report) were up 9.3% during mid-day trading on Wednesday . The stock traded as high as $52.48 and last traded at $52.39. Approximately 48,014,816 shares changed hands during trading, a decline of 6% from the average daily volume of 51,153,941 shares. The stock had previously closed at $47.94.

Wall Street Analysts Forecast Growth

SMCI has been the topic of several recent research reports. The Goldman Sachs Group upped their price target on Super Micro Computer from $24.00 to $27.00 and gave the stock a "sell" rating in a research note on Wednesday, August 6th. Zacks Research raised Super Micro Computer to a "hold" rating in a research note on Monday, August 11th. Sanford C. Bernstein upgraded Super Micro Computer to a "hold" rating in a report on Tuesday, September 16th. Citigroup reiterated a "neutral" rating and issued a $52.00 price target (up previously from $37.00) on shares of Super Micro Computer in a research note on Friday, July 11th. Finally, Wedbush restated 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 equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $45.36.

Super Micro Computer Stock Performance

The business's fifty day moving average price is $46.90 and its 200-day moving average price is $42.66. The stock has a market cap of $31.13 billion, a PE ratio of 31.56, a P/E/G ratio of 1.16 and a beta of 1.56. 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 data 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). Super Micro Computer had a net margin of 4.77% and a return on equity of 17.14%. The company had revenue of $5.76 billion for the quarter, compared to analysts' expectations of $5.88 billion. During the same period in the previous year, the firm earned $6.25 earnings per share. The firm's revenue for the quarter was up 8.5% on a year-over-year basis. Super Micro Computer has set its Q1 2026 guidance at 0.400-0.520 EPS. FY 2026 guidance at EPS. As a group, equities 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, CEO Charles Liang sold 200,000 shares of the company's stock in a transaction dated Monday, July 28th. The shares were 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 owned 40,426,120 shares of the company's stock, valued at $2,425,567,200. This represents a 0.49% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO David E. Weigand sold 25,000 shares of the firm'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 transaction of $1,128,500.00. Following the completion of the transaction, the chief financial officer directly owned 100,188 shares in the company, valued at approximately $4,522,486.32. The trade was a 19.97% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 490,000 shares of company stock worth $27,890,950 in the last ninety days. Insiders own 16.30% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of SMCI. Anfield Capital Management LLC bought a new position in Super Micro Computer in the 2nd quarter worth $25,000. Twin Peaks Wealth Advisors LLC purchased a new stake in Super Micro Computer in the second quarter worth about $25,000. TD Private Client Wealth LLC raised its stake in shares of Super Micro Computer by 46.0% in 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 purchased a new position in shares of Super Micro Computer during the 2nd quarter valued at about $39,000. Finally, Avion Wealth grew its stake in shares of Super Micro Computer by 434.6% during the 2nd quarter. Avion Wealth now owns 834 shares of the company's stock valued at $40,000 after acquiring an additional 678 shares during the period. Hedge funds and other 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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