Advisory Research Inc. Takes Position in Super Micro Computer, Inc. (NASDAQ:SMCI)

Advisory Research Inc. bought a new position in shares of Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 39,188 shares of the company's stock, valued at approximately $1,194,000.

Other large investors have also added to or reduced their stakes in the company. Salem Investment Counselors Inc. acquired a new position in Super Micro Computer in the 4th quarter valued at $30,000. Trust Co. of Vermont grew its stake in shares of Super Micro Computer by 900.0% during the fourth quarter. Trust Co. of Vermont now owns 1,000 shares of the company's stock worth $30,000 after buying an additional 900 shares during the last quarter. Parkside Financial Bank & Trust boosted its stake in shares of Super Micro Computer by 2,890.9% during the fourth quarter. Parkside Financial Bank & Trust now owns 987 shares of the company's stock valued at $30,000 after purchasing an additional 954 shares in the last quarter. Larson Financial Group LLC grew its position in shares of Super Micro Computer by 902.0% in the 4th quarter. Larson Financial Group LLC now owns 992 shares of the company's stock valued at $30,000 after buying an additional 893 shares during the last quarter. Finally, Toth Financial Advisory Corp bought a new position in Super Micro Computer during the 4th quarter worth approximately $31,000. Institutional investors own 84.06% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Cfra raised shares of Super Micro Computer from a "hold" rating to a "buy" rating and set a $48.00 price target on the stock in a research report on Tuesday, February 11th. StockNews.com upgraded Super Micro Computer to a "sell" rating in a report on Friday, February 28th. JPMorgan Chase & Co. reduced their price objective on shares of Super Micro Computer from $45.00 to $39.00 and set a "neutral" rating for the company in a report on Thursday. The Goldman Sachs Group lowered Super Micro Computer from a "neutral" rating to a "sell" rating and decreased their price objective for the stock from $40.00 to $32.00 in a report on Monday, March 24th. Finally, Rosenblatt Securities assumed coverage on Super Micro Computer in a research report on Monday, March 10th. They issued a "buy" rating and a $60.00 price target for the company. Three research analysts have rated the stock with a sell rating, ten have given a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, Super Micro Computer currently has a consensus rating of "Hold" and a consensus price target of $52.57.

Insider Activity at Super Micro Computer

In related news, SVP George Kao sold 71,720 shares of the stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $50.48, for a total value of $3,620,425.60. Following the sale, the senior vice president now directly owns 19,449 shares of the company's stock, valued at $981,785.52. This represents a 78.67 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Robert L. Blair sold 19,460 shares of the stock in a transaction on Friday, February 28th. The stock was sold at an average price of $42.58, for a total value of $828,606.80. The disclosure for this sale can be found here. In the last quarter, insiders sold 137,473 shares of company stock valued at $6,771,552. Insiders own 17.60% of the company's stock.

Super Micro Computer Price Performance

NASDAQ:SMCI traded down $2.20 during trading hours on Monday, reaching $29.31. The stock had a trading volume of 16,923,869 shares, compared to its average volume of 72,663,574. The stock has a market capitalization of $17.39 billion, a PE ratio of 14.71 and a beta of 1.22. The company has a 50 day moving average price of $39.73 and a two-hundred day moving average price of $36.50. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.93 and a current ratio of 3.77. Super Micro Computer, Inc. has a 52 week low of $17.25 and a 52 week high of $101.40.

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.