Shares of Super Micro Computer, Inc. (NASDAQ:SMCI – Get Free Report) were up 2% on Friday . The company traded as high as $32.57 and last traded at $32.19. Approximately 28,225,334 shares were traded during mid-day trading, a decline of 41% from the average daily volume of 47,955,848 shares. The stock had previously closed at $31.56.
Analyst Ratings Changes
SMCI has been the topic of several recent research reports. Mizuho decreased their price objective on shares of Super Micro Computer from $50.00 to $45.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 5th. The Goldman Sachs Group set a $34.00 target price on shares of Super Micro Computer and gave the stock a “sell” rating in a research report on Wednesday, November 5th. Wedbush lowered their price target on shares of Super Micro Computer from $48.00 to $42.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 5th. JPMorgan Chase & Co. dropped their price objective on shares of Super Micro Computer from $43.00 to $40.00 and set a “neutral” rating for the company in a research note on Wednesday, November 5th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Super Micro Computer in a research report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, seven have issued a Hold rating and three have issued 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 $48.38.
View Our Latest Stock Analysis on SMCI
Super Micro Computer Price Performance
Super Micro Computer (NASDAQ:SMCI – Get Free Report) last announced its quarterly earnings data on Tuesday, November 4th. The company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by ($0.11). The firm had revenue of $5.02 billion for the quarter, compared to analysts’ expectations of $6.48 billion. Super Micro Computer had a net margin of 4.77% and a return on equity of 17.14%. The business’s quarterly revenue was down 15.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.73 EPS. Super Micro Computer has set its Q2 2026 guidance at 0.460-0.540 EPS. FY 2026 guidance at EPS. On average, equities research analysts predict that Super Micro Computer, Inc. will post 1.86 earnings per share for the current fiscal year.
Insider Activity at Super Micro Computer
In related news, CFO David E. Weigand sold 25,000 shares of the company’s stock in a transaction on Monday, September 15th. The stock was sold at an average price of $45.14, for a total value 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. This represents a 19.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 16.30% of the stock is currently owned by corporate insiders.
Institutional Trading of Super Micro Computer
Several hedge funds and other institutional investors have recently added to or reduced their stakes in SMCI. Blue Trust Inc. lifted its holdings in shares of Super Micro Computer by 16.1% during the 2nd quarter. Blue Trust Inc. now owns 1,557 shares of the company’s stock worth $76,000 after acquiring an additional 216 shares during the period. Hartford Investment Management Co. increased its position in Super Micro Computer by 0.8% during the second quarter. Hartford Investment Management Co. now owns 30,976 shares of the company’s stock worth $1,518,000 after purchasing an additional 235 shares during the last quarter. Securian Asset Management Inc. increased its position in Super Micro Computer by 0.9% during the second quarter. Securian Asset Management Inc. now owns 26,834 shares of the company’s stock worth $1,315,000 after purchasing an additional 246 shares during the last quarter. Wealthcare Advisory Partners LLC boosted its holdings in shares of Super Micro Computer by 1.2% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 21,798 shares of the company’s stock valued at $1,068,000 after purchasing an additional 248 shares during the last quarter. Finally, TD Private Client Wealth LLC boosted its holdings in shares of Super Micro Computer by 46.0% in the 2nd quarter. TD Private Client Wealth LLC now owns 800 shares of the company’s stock valued at $39,000 after purchasing an additional 252 shares during the last quarter. 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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