Super Micro Computer (NASDAQ:SMCI) Shares Down 1.5% – Here’s Why

Shares of Super Micro Computer, Inc. (NASDAQ:SMCI) traded down 1.5% during trading on Tuesday . The company traded as low as $32.89 and last traded at $32.92. 19,165,668 shares changed hands during trading, a decline of 59% from the average session volume of 47,237,957 shares. The stock had previously closed at $33.41.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on SMCI shares. Rosenblatt Securities dropped their target price on Super Micro Computer from $60.00 to $55.00 and set a “buy” rating on the stock in a report on Wednesday, November 5th. Raymond James Financial lowered their price objective on Super Micro Computer from $53.00 to $50.00 and set an “outperform” rating for the company in a research report on Wednesday, November 5th. Zacks Research lowered Super Micro Computer from a “hold” rating to a “strong sell” rating in a research report on Friday, November 7th. Needham & Company LLC decreased their target price on Super Micro Computer from $60.00 to $51.00 and set a “buy” rating for the company in a research note on Wednesday, November 5th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Super Micro Computer in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $48.38.

Super Micro Computer Stock Down 1.5%

The stock has a market cap of $19.65 billion, a PE ratio of 19.83, a P/E/G ratio of 1.30 and a beta of 1.50. The business has a 50 day moving average of $45.50 and a 200-day moving average of $45.95. The company has a current ratio of 5.25, a quick ratio of 3.25 and a debt-to-equity ratio of 0.74.

Super Micro Computer (NASDAQ:SMCI) last posted its quarterly earnings data on Tuesday, November 4th. The company reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.46 by ($0.11). The firm had revenue of $5.02 billion during the quarter, compared to analyst estimates of $6.48 billion. Super Micro Computer had a net margin of 4.77% and a return on equity of 17.14%. Super Micro Computer’s revenue was down 15.5% compared to the same quarter last year. During the same period 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. Equities research analysts predict that Super Micro Computer, Inc. will post 1.86 EPS for the current fiscal year.

Insider Transactions at Super Micro Computer

In other Super Micro Computer news, CFO David E. Weigand sold 25,000 shares of Super Micro Computer stock in a transaction on Monday, September 15th. The shares were sold at an average price of $45.14, for a total value of $1,128,500.00. Following 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 16.30% of the company’s stock.

Hedge Funds Weigh In On Super Micro Computer

A number of hedge funds and other institutional investors have recently made changes to their positions in SMCI. Mackenzie Financial Corp grew its stake in shares of Super Micro Computer by 13.0% in the 1st quarter. Mackenzie Financial Corp now owns 35,771 shares of the company’s stock valued at $1,225,000 after purchasing an additional 4,111 shares during the last quarter. Banque Cantonale Vaudoise acquired a new stake in shares of Super Micro Computer during the first quarter worth $43,000. Arkadios Wealth Advisors purchased a new position in Super Micro Computer in the 1st quarter valued at $318,000. Natixis Advisors LLC increased its stake in Super Micro Computer by 62.3% in the 1st quarter. Natixis Advisors LLC now owns 16,612 shares of the company’s stock valued at $569,000 after buying an additional 6,379 shares during the period. Finally, Harbour Investments Inc. raised its position in Super Micro Computer by 779.0% during the 1st quarter. Harbour Investments Inc. now owns 23,646 shares of the company’s stock worth $810,000 after buying an additional 20,956 shares during the last quarter. Hedge funds and other institutional investors own 84.06% of the company’s stock.

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.