Super Micro Computer (NASDAQ:SMCI) Trading Up 1.1% – Time to Buy?

Shares of Super Micro Computer, Inc. (NASDAQ:SMCI) shot up 1.1% during trading on Wednesday . The company traded as high as $33.42 and last traded at $32.83. 21,561,115 shares were traded during trading, a decline of 55% from the average session volume of 47,637,180 shares. The stock had previously closed at $32.48.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on SMCI shares. Northland Securities set a $63.00 price target on shares of Super Micro Computer in a research report on Wednesday, November 5th. Rosenblatt Securities reduced their target price on Super Micro Computer from $60.00 to $55.00 and set a “buy” rating for the company in a report on Wednesday, November 5th. Wall Street Zen lowered Super Micro Computer from a “hold” rating to a “sell” rating in a research note on Saturday, November 15th. Raymond James Financial reduced their price objective on Super Micro Computer from $53.00 to $50.00 and set an “outperform” rating for the company in a research note on Wednesday, November 5th. Finally, Wedbush decreased their price objective on Super Micro Computer from $48.00 to $42.00 and set a “neutral” rating on the stock in a report on Wednesday, November 5th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $48.38.

Super Micro Computer Trading Up 3.4%

The stock has a market cap of $20.27 billion, a PE ratio of 20.46, a price-to-earnings-growth ratio of 1.30 and a beta of 1.50. The company has a debt-to-equity ratio of 0.74, a quick ratio of 3.25 and a current ratio of 5.25. The company’s 50-day moving average price is $46.01 and its 200 day moving average price is $45.97.

Super Micro Computer (NASDAQ:SMCI) last posted its earnings results on Tuesday, November 4th. The company reported $0.35 EPS for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.11). The business had revenue of $5.02 billion during 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%. Super Micro Computer’s revenue for the quarter was down 15.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $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, sell-side analysts forecast 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 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 transaction of $1,128,500.00. Following the transaction, the chief financial officer directly owned 100,188 shares in the company, valued at $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 Securities & Exchange Commission, which is available at the SEC website. 16.30% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. AE Wealth Management LLC purchased a new stake in shares of Super Micro Computer during the first quarter worth $297,000. Cetera Investment Advisers boosted its holdings in shares of Super Micro Computer by 29.7% in the first quarter. Cetera Investment Advisers now owns 257,659 shares of the company’s stock valued at $8,822,000 after acquiring an additional 58,982 shares during the period. TD Asset Management Inc increased its stake in Super Micro Computer by 2.1% in the first quarter. TD Asset Management Inc now owns 247,645 shares of the company’s stock valued at $8,479,000 after purchasing an additional 5,022 shares during the period. LPL Financial LLC raised its stake in Super Micro Computer by 29.3% during the 1st quarter. LPL Financial LLC now owns 873,572 shares of the company’s stock valued at $29,911,000 after acquiring an additional 197,967 shares during the last quarter. Finally, Mackenzie Financial Corp raised its holdings in Super Micro Computer by 13.0% during the first quarter. Mackenzie Financial Corp now owns 35,771 shares of the company’s stock worth $1,225,000 after purchasing an additional 4,111 shares in the last quarter. Institutional investors and hedge funds 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.