Super Micro Computer (NASDAQ:SMCI) Trading Up 1.6% – Should You Buy?

Super Micro Computer, Inc. (NASDAQ:SMCI) shares traded up 1.6% during mid-day trading on Thursday . The stock traded as high as $34.41 and last traded at $34.23. 17,015,707 shares were traded during mid-day trading, a decline of 64% from the average session volume of 46,975,930 shares. The stock had previously closed at $33.68.

Analyst Ratings Changes

A number of research analysts have commented on SMCI shares. Mizuho reduced 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 note on Wednesday, November 5th. Rosenblatt Securities reduced their price target on shares of Super Micro Computer from $60.00 to $55.00 and set a “buy” rating on the stock in a research report on Wednesday, November 5th. Wedbush lowered their price objective on Super Micro Computer from $48.00 to $42.00 and set a “neutral” rating for the company in a report on Wednesday, November 5th. Weiss Ratings restated a “hold (c)” rating on shares of Super Micro Computer in a research note on Monday. Finally, KGI Securities upgraded Super Micro Computer from a “neutral” rating to an “outperform” rating and set a $60.00 target price for the company in a research report on Wednesday, November 5th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $48.38.

Super Micro Computer Stock Up 1.3%

The stock has a market cap of $20.71 billion, a P/E ratio of 27.75, a PEG ratio of 0.70 and a beta of 1.52. The stock’s fifty day simple moving average is $44.51 and its 200-day simple moving average is $45.62. The company has a debt-to-equity ratio of 0.72, a current ratio of 5.39 and a quick ratio of 2.95.

Super Micro Computer (NASDAQ:SMCI) last announced its quarterly earnings results on Tuesday, November 4th. The company reported $0.35 earnings per share for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.11). The company had revenue of $5.02 billion for the quarter, compared to analyst estimates of $6.48 billion. Super Micro Computer had a return on equity of 12.70% and a net margin of 3.77%.The firm’s revenue for the quarter was down 15.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.73 earnings per share. Super Micro Computer has set its Q2 2026 guidance at 0.460-0.540 EPS. On average, research analysts anticipate that Super Micro Computer, Inc. will post 1.86 earnings per share for the current year.

Insider Activity

In other news, CFO David E. Weigand sold 25,000 shares of the company’s stock in a transaction dated Monday, September 15th. The shares were 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 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 legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 16.30% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of SMCI. Blue Trust Inc. increased its position in shares of Super Micro Computer by 16.1% in the second quarter. Blue Trust Inc. now owns 1,557 shares of the company’s stock valued at $76,000 after acquiring an additional 216 shares during the last quarter. Hartford Investment Management Co. boosted 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 valued at $1,518,000 after purchasing an additional 235 shares during the last quarter. Securian Asset Management Inc. grew its stake in Super Micro Computer by 0.9% in the second quarter. Securian Asset Management Inc. now owns 26,834 shares of the company’s stock valued at $1,315,000 after purchasing an additional 246 shares in the last quarter. Wealthcare Advisory Partners LLC increased its position in shares of Super Micro Computer by 1.2% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 21,798 shares of the company’s stock worth $1,068,000 after purchasing an additional 248 shares during the last quarter. Finally, TD Private Client Wealth LLC increased its position in shares of Super Micro Computer by 46.0% during the 2nd quarter. TD Private Client Wealth LLC now owns 800 shares of the company’s stock worth $39,000 after purchasing an additional 252 shares during the last quarter. 84.06% of the stock is owned by institutional investors and hedge funds.

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.