Super Micro Computer (NASDAQ:SMCI) Trading 2% Higher Following Analyst Upgrade

Super Micro Computer, Inc. (NASDAQ:SMCI)’s stock price traded up 2% during trading on Monday after Zacks Research upgraded the stock from a strong sell rating to a hold rating. The company traded as high as $35.88 and last traded at $35.37. 20,993,877 shares were traded during mid-day trading, a decline of 55% from the average session volume of 46,748,098 shares. The stock had previously closed at $34.69.

SMCI has been the topic of a number of other reports. The Goldman Sachs Group set a $34.00 price target on shares of Super Micro Computer and gave the stock a “sell” rating in a research report on Wednesday, November 5th. JPMorgan Chase & Co. reduced their target price on shares of Super Micro Computer from $43.00 to $40.00 and set a “neutral” rating for the company in a report on Wednesday, November 5th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Super Micro Computer in a research report on Monday. Wedbush cut their target price on shares of Super Micro Computer from $48.00 to $42.00 and set a “neutral” rating for the company in a research note on Wednesday, November 5th. Finally, KGI Securities upgraded Super Micro Computer from a “neutral” rating to an “outperform” rating and set a $60.00 price objective for the company in a report on Wednesday, November 5th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $48.38.

Insider Buying and Selling at Super Micro Computer

In other news, CFO David E. Weigand sold 25,000 shares of the company’s stock in a transaction that occurred 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 owned 100,188 shares of the company’s stock, valued at $4,522,486.32. This represents a 19.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Company insiders own 16.30% of the company’s stock.

Institutional Investors Weigh In On Super Micro Computer

A number of institutional investors have recently added to or reduced their stakes in SMCI. Blue Trust Inc. raised 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 valued at $76,000 after buying an additional 216 shares in the last quarter. Hartford Investment Management Co. boosted its stake in Super Micro Computer by 0.8% in the second quarter. Hartford Investment Management Co. now owns 30,976 shares of the company’s stock worth $1,518,000 after buying an additional 235 shares in the last quarter. Securian Asset Management Inc. grew 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 valued at $1,315,000 after acquiring an additional 246 shares during the last quarter. Wealthcare Advisory Partners LLC grew its position in Super Micro Computer by 1.2% during the second quarter. Wealthcare Advisory Partners LLC now owns 21,798 shares of the company’s stock valued at $1,068,000 after acquiring an additional 248 shares during the last quarter. Finally, TD Private Client Wealth LLC lifted 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 worth $39,000 after acquiring an additional 252 shares during the last quarter. 84.06% of the stock is owned by institutional investors.

Super Micro Computer Trading Down 0.3%

The stock has a market capitalization of $20.83 billion, a P/E ratio of 27.92, a price-to-earnings-growth ratio of 0.71 and a beta of 1.52. The stock’s fifty day moving average price is $43.68 and its two-hundred day moving average price is $45.52. The company has a current ratio of 5.39, a quick ratio of 2.95 and a debt-to-equity ratio of 0.72.

Super Micro Computer (NASDAQ:SMCI) last posted its quarterly earnings results 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 business 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 3.77% and a return on equity of 12.70%. The business’s quarterly revenue was down 15.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.73 earnings per share. Super Micro Computer has set its Q2 2026 guidance at 0.460-0.540 EPS. Equities research analysts forecast that Super Micro Computer, Inc. will post 1.86 EPS for the current year.

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.