Bouvel Investment Partners LLC Buys 44,213 Shares of Super Micro Computer, Inc. (NASDAQ:SMCI)

Bouvel Investment Partners LLC raised its holdings in shares of Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) by 1,719.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 46,785 shares of the company's stock after buying an additional 44,213 shares during the period. Bouvel Investment Partners LLC's holdings in Super Micro Computer were worth $1,426,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. International Assets Investment Management LLC grew its holdings in shares of Super Micro Computer by 63,634.1% in the third quarter. International Assets Investment Management LLC now owns 916,496 shares of the company's stock worth $381,629,000 after purchasing an additional 915,058 shares during the last quarter. Bridgewater Associates LP grew its holdings in Super Micro Computer by 921.1% in the 3rd quarter. Bridgewater Associates LP now owns 161,104 shares of the company's stock worth $67,084,000 after acquiring an additional 145,327 shares during the last quarter. Van ECK Associates Corp grew its holdings in Super Micro Computer by 1,169.5% in the 3rd 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% in the third quarter. Inspire Investing LLC now owns 107,421 shares of the company's stock valued at $44,730,000 after acquiring an additional 101,552 shares during the period. Finally, Czech National Bank raised its stake in shares of Super Micro Computer by 963.7% during the fourth quarter. Czech National Bank now owns 109,175 shares of the company's stock valued at $3,328,000 after acquiring an additional 98,911 shares during the last quarter. 84.06% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several analysts recently issued reports on the company. Argus cut Super Micro Computer from a "buy" rating to a "hold" rating in a research note on Thursday, October 31st. Northland Capmk upgraded Super Micro Computer to a "strong-buy" rating in a report on Friday, December 20th. Loop Capital reduced their target price on 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. JPMorgan Chase & Co. lowered Super Micro Computer from a "neutral" rating to an "underweight" rating and dropped their price target for the stock from $50.00 to $23.00 in a research note on Wednesday, November 6th. Finally, StockNews.com cut shares of Super Micro Computer from a "hold" rating to a "sell" rating in a report on Wednesday, October 9th. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $66.89.

Super Micro Computer Stock Down 1.0 %

Super Micro Computer stock traded down $0.30 during trading hours on Friday, hitting $30.82. The stock had a trading volume of 24,271,941 shares, compared to its average volume of 30,744,043. The stock's 50-day moving average price is $32.46 and its 200-day moving average price is $47.30. The stock has a market capitalization of $17.24 billion, a P/E ratio of 15.47 and a beta of 1.31. Super Micro Computer, Inc. has a 12-month low of $17.25 and a 12-month high of $122.90. The company has a quick ratio of 1.93, a current ratio of 3.77 and a debt-to-equity ratio of 0.32.

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.