Super Micro Computer (NASDAQ:SMCI) Stock Price Down 3.9% – Time to Sell?

Shares of Super Micro Computer, Inc. (NASDAQ:SMCI) fell 3.9% during mid-day trading on Monday . The company traded as low as $37.68 and last traded at $38.28. Approximately 54,892,406 shares were traded during mid-day trading, an increase of 21% from the average session volume of 45,486,539 shares. The stock had previously closed at $39.84.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. Citigroup boosted their target price on Super Micro Computer from $33.00 to $39.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 12th. Sanford C. Bernstein set a $42.00 price target on Super Micro Computer in a research report on Thursday. Stifel Nicolaus set a $42.00 price objective on Super Micro Computer in a report on Wednesday, August 12th. Barclays set a $39.00 price objective on shares of Super Micro Computer and gave the stock an “equal weight” rating in a research report on Wednesday, August 12th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $46.00 target price on shares of Super Micro Computer in a research note on Wednesday, August 12th. Four research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $42.13.

Super Micro Computer Trading Down 3.9%

The stock has a 50 day moving average of $30.20 and a 200 day moving average of $30.60. The company has a debt-to-equity ratio of 0.65, a current ratio of 3.87 and a quick ratio of 2.07. The firm has a market cap of $23.02 billion, a P/E ratio of 11.96, a PEG ratio of 1.19 and a beta of 1.95.

Super Micro Computer (NASDAQ:SMCI) last issued its quarterly earnings results on Tuesday, August 11th. The company reported $1.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.92 by $0.78. Super Micro Computer had a return on equity of 27.83% and a net margin of 5.71%.The firm had revenue of $11.12 billion during the quarter, compared to analyst estimates of $11.60 billion. During the same quarter in the previous year, the company posted $0.31 earnings per share. The company’s revenue was up 93.2% compared to the same quarter last year. Super Micro Computer has set its Q1 2027 guidance at 1.010-1.100 EPS. As a group, equities research analysts predict that Super Micro Computer, Inc. will post 2.97 EPS for the current year.

Institutional Trading of Super Micro Computer

Hedge funds and other institutional investors have recently bought and sold shares of the company. Advisors Asset Management Inc. purchased a new stake in shares of Super Micro Computer in the 1st quarter valued at $39,000. EverSource Wealth Advisors LLC raised its position in Super Micro Computer by 42.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,479 shares of the company’s stock worth $171,000 after purchasing an additional 1,036 shares during the period. Baird Financial Group Inc. lifted its stake in Super Micro Computer by 54.9% in the second quarter. Baird Financial Group Inc. now owns 18,955 shares of the company’s stock worth $929,000 after purchasing an additional 6,718 shares during the last quarter. Flow Traders U.S. LLC bought a new stake in Super Micro Computer in the second quarter worth $277,000. Finally, Daiwa Securities Group Inc. boosted its position in Super Micro Computer by 3.4% during the second quarter. Daiwa Securities Group Inc. now owns 85,647 shares of the company’s stock valued at $4,198,000 after buying an additional 2,799 shares during the period. Hedge funds and other institutional investors own 84.06% of the company’s stock.

Super Micro Computer Company Profile

Super Micro Computer, Inc (Supermicro) is a technology company that designs, develops and manufactures high-performance server, storage and networking solutions for enterprise, cloud, data center, high performance computing (HPC) and edge computing customers. The company’s product portfolio includes rackmount and blade servers, storage subsystems, motherboards, chassis, power supplies and networking components, with an emphasis on high-density, energy-efficient configurations and platforms optimized for GPU-accelerated workloads and artificial intelligence applications.

Headquartered in San Jose, California, Supermicro combines in-house engineering with a global manufacturing and distribution footprint to deliver configurable, application-specific systems.