Super Micro Computer (NASDAQ:SMCI) Shares Down 1.9% Following Insider Selling

Key Points

• Super Micro Computer (SMCI) shares fell 1.9% during trading, reaching a low of $39.74, with volume significantly down at 8,058,199 shares compared to the average of 53,449,215 shares.
• Analyst price targets for Super Micro Computer show a range from $30.00 to $52.00, indicating mixed sentiments as the stock has a current average rating of "Hold" and an average price target of $45.31.
• In recent insider activity, SVP George Kao sold 40,000 shares for approximately $1.76 million, marking a significant decrease in ownership, while company insiders have collectively sold over 1 million shares valued at over $52 million in the last quarter.

Super Micro Computer, Inc. (NASDAQ:SMCI - Get Free Report) traded down 1.9% on Friday after an insider sold shares in the company. The stock traded as low as $39.74 and last traded at $39.93. 8,058,199 shares were traded during mid-day trading, a decline of 85% from the average session volume of 53,449,215 shares. The stock had previously closed at $40.70.

Specifically, CFO David E. Weigand sold 25,000 shares of the business's stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $40.29, for a total transaction of $1,007,250.00. Following the completion of the sale, the chief financial officer owned 100,188 shares in the company, valued at approximately $4,036,574.52. The trade was a 19.97% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Analysts Set New Price Targets

A number of analysts have commented on the stock. Wedbush restated a "neutral" rating and set a $30.00 price target on shares of Super Micro Computer in a research note on Monday, August 4th. Mizuho boosted their price target 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. Raymond James Financial initiated coverage on shares of Super Micro Computer in a report on Wednesday, June 25th. They issued an "outperform" rating on the stock. Barclays raised their price objective on shares of Super Micro Computer from $29.00 to $45.00 and gave the company an "equal weight" rating in a research report on Thursday, August 7th. Finally, Zacks Research raised shares of Super Micro Computer to a "hold" rating in a report on Monday, August 11th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $45.31.

Super Micro Computer Stock Performance

The company has a quick ratio of 3.25, a current ratio of 5.25 and a debt-to-equity ratio of 0.74. The company's 50-day moving average is $48.51 and its two-hundred day moving average is $42.45. The company has a market capitalization of $24.01 billion, a P/E ratio of 24.34, a PEG ratio of 1.01 and a beta of 1.56.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) last posted 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). The company 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 firm's revenue for the quarter was up 8.5% on a year-over-year basis. During the same quarter last year, the company posted $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. Equities analysts anticipate that Super Micro Computer, Inc. will post 1.86 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of SMCI. Anfield Capital Management LLC bought a new position in shares of Super Micro Computer in the second quarter worth approximately $25,000. Twin Peaks Wealth Advisors LLC bought a new position in Super Micro Computer during the second quarter valued at approximately $25,000. Eastern Bank bought a new position in Super Micro Computer during the first quarter valued at approximately $29,000. Bernard Wealth Management Corp. bought a new position in Super Micro Computer during the fourth quarter valued at approximately $33,000. Finally, Central Pacific Bank Trust Division bought a new position in Super Micro Computer during the first quarter valued at approximately $34,000. 84.06% of the stock is currently owned by institutional investors.

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.