B & T Capital Management DBA Alpha Capital Management Purchases 12,204 Shares of Super Micro Computer, Inc. (NASDAQ:SMCI)

B & T Capital Management DBA Alpha Capital Management increased its stake in shares of Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) by 2,129.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,777 shares of the company's stock after buying an additional 12,204 shares during the quarter. B & T Capital Management DBA Alpha Capital Management's holdings in Super Micro Computer were worth $389,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Bouvel Investment Partners LLC grew its position in Super Micro Computer by 1,719.0% during the fourth quarter. Bouvel Investment Partners LLC now owns 46,785 shares of the company's stock worth $1,426,000 after buying an additional 44,213 shares in the last quarter. BluePath Capital Management LLC boosted its holdings in shares of Super Micro Computer by 2,415.8% in the 4th quarter. BluePath Capital Management LLC now owns 27,875 shares of the company's stock valued at $866,000 after purchasing an additional 26,767 shares in the last quarter. Armstrong Advisory Group Inc. acquired a new stake in shares of Super Micro Computer in the 4th quarter valued at $56,000. Burney Co. boosted its holdings in shares of Super Micro Computer by 547.2% in the 4th quarter. Burney Co. now owns 6,757 shares of the company's stock valued at $206,000 after purchasing an additional 5,713 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of Super Micro Computer by 1,266.2% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,197 shares of the company's stock valued at $97,000 after purchasing an additional 2,963 shares in the last quarter. Institutional investors and hedge funds own 84.06% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Wedbush reaffirmed a "neutral" rating and issued a $32.00 target price (down previously from $62.00) on shares of Super Micro Computer in a report on Monday, November 4th. Barclays dropped their price target on Super Micro Computer from $438.00 to $42.00 and set an "equal weight" rating for the company in a research note on Wednesday, October 2nd. JPMorgan Chase & Co. cut Super Micro Computer from a "neutral" rating to an "underweight" rating and dropped their price target for the company from $50.00 to $23.00 in a research note on Wednesday, November 6th. StockNews.com cut Super Micro Computer from a "hold" rating to a "sell" rating in a research note on Wednesday, October 9th. Finally, Loop Capital dropped their price target on Super Micro Computer from $150.00 to $100.00 and set a "buy" rating for the company in a research note on Monday, September 23rd. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Super Micro Computer currently has an average rating of "Hold" and a consensus target price of $66.89.

Super Micro Computer Trading Down 1.0 %

Shares of SMCI stock traded down $0.30 during mid-day trading on Friday, hitting $30.82. The company's stock had a trading volume of 24,271,941 shares, compared to its average volume of 36,148,280. The company's fifty day simple moving average is $32.59 and its 200-day simple moving average is $47.18. Super Micro Computer, Inc. has a 52 week low of $17.25 and a 52 week high of $122.90. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.93 and a current ratio of 3.77. The company has a market cap of $17.24 billion, a PE ratio of 15.47 and a beta of 1.31.

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.