BluePath Capital Management LLC Increases Stock Holdings in Super Micro Computer, Inc. (NASDAQ:SMCI)

BluePath Capital Management LLC raised its holdings in Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) by 2,415.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 27,875 shares of the company's stock after purchasing an additional 26,767 shares during the period. BluePath Capital Management LLC's holdings in Super Micro Computer were worth $866,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in SMCI. International Assets Investment Management LLC lifted its stake in Super Micro Computer by 63,634.1% in the 3rd quarter. International Assets Investment Management LLC now owns 916,496 shares of the company's stock valued at $381,629,000 after buying an additional 915,058 shares in the last quarter. Bridgewater Associates LP lifted its position in shares of Super Micro Computer by 921.1% in the third quarter. Bridgewater Associates LP now owns 161,104 shares of the company's stock valued at $67,084,000 after acquiring an additional 145,327 shares in the last quarter. Van ECK Associates Corp boosted its stake in shares of Super Micro Computer by 1,169.5% in the third quarter. Van ECK Associates Corp now owns 134,670 shares of the company's stock worth $56,077,000 after acquiring an additional 124,062 shares during the last quarter. Inspire Investing LLC increased its position in shares of Super Micro Computer by 1,730.3% during the third quarter. Inspire Investing LLC now owns 107,421 shares of the company's stock worth $44,730,000 after purchasing an additional 101,552 shares in the last quarter. Finally, Czech National Bank raised its stake in Super Micro Computer by 963.7% in the 4th quarter. Czech National Bank now owns 109,175 shares of the company's stock valued at $3,328,000 after purchasing an additional 98,911 shares during the last quarter. 84.06% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on SMCI. Loop Capital lowered their target price on shares of Super Micro Computer from $150.00 to $100.00 and set a "buy" rating on the stock in a research note on Monday, September 23rd. Barclays cut their price objective on shares of Super Micro Computer from $438.00 to $42.00 and set an "equal weight" rating for the company in a report on Wednesday, October 2nd. Northland Capmk raised shares of Super Micro Computer to a "strong-buy" rating in a research note on Friday, December 20th. Needham & Company LLC initiated coverage on Super Micro Computer in a research report on Wednesday, September 18th. They issued a "buy" rating and a $60.00 price target for the company. Finally, Argus cut Super Micro Computer from a "buy" rating to a "hold" rating in a report on Thursday, October 31st. Three analysts have rated the stock with a sell rating, eleven have given a hold rating, four have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $66.89.

Super Micro Computer Trading Up 0.4 %

Shares of SMCI traded up $0.13 during trading on Thursday, reaching $31.12. 26,647,038 shares of the company traded hands, compared to its average volume of 31,379,459. The stock has a 50-day simple moving average of $32.35 and a 200-day simple moving average of $47.41. The company has a quick ratio of 1.93, a current ratio of 3.77 and a debt-to-equity ratio of 0.32. Super Micro Computer, Inc. has a twelve month low of $17.25 and a twelve month high of $122.90. The stock has a market cap of $17.41 billion, a PE ratio of 15.62 and a beta of 1.31.

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.