Defender Capital LLC. Acquires New Position in Super Micro Computer, Inc. (NASDAQ:SMCI)

Defender Capital LLC. bought a new position in shares of Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 10,000 shares of the company's stock, valued at approximately $305,000.

Other large investors have also added to or reduced their stakes in the company. State Street Corp raised its position in Super Micro Computer by 4.3% during the third quarter. State Street Corp now owns 2,138,142 shares of the company's stock worth $890,322,000 after acquiring an additional 88,692 shares in the last quarter. Geode Capital Management LLC raised its position in Super Micro Computer by 1.3% during the third quarter. Geode Capital Management LLC now owns 1,266,040 shares of the company's stock worth $529,753,000 after acquiring an additional 16,007 shares in the last quarter. Disciplined Growth Investors Inc. MN raised its position in shares of Super Micro Computer by 3.1% in the third quarter. Disciplined Growth Investors Inc. MN now owns 1,043,469 shares of the company's stock valued at $434,500,000 after purchasing an additional 31,064 shares during the period. International Assets Investment Management LLC raised its position 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 valued at $381,629,000 after purchasing an additional 915,058 shares during the period. Finally, Nepsis Inc. bought a new position in shares of Super Micro Computer in the fourth quarter valued at about $13,625,000. Institutional investors and hedge funds own 84.06% of the company's stock.

Super Micro Computer Stock Performance

Shares of NASDAQ:SMCI traded up $0.64 during midday trading on Thursday, reaching $28.44. The company had a trading volume of 15,457,679 shares, compared to its average volume of 32,347,295. The company's 50 day moving average price is $34.01 and its 200 day moving average price is $43.48. The company has a current ratio of 3.77, a quick ratio of 1.93 and a debt-to-equity ratio of 0.32. The stock has a market cap of $15.91 billion, a P/E ratio of 14.28 and a beta of 1.31. Super Micro Computer, Inc. has a 52-week low of $17.25 and a 52-week high of $122.90.

Analysts Set New Price Targets

SMCI has been the topic of a number of recent research reports. Barclays lowered their price target on shares of Super Micro Computer from $438.00 to $42.00 and set an "equal weight" rating on the stock in a research report on Wednesday, October 2nd. Argus downgraded shares of Super Micro Computer from a "buy" rating to a "hold" rating in a research note on Thursday, October 31st. Wedbush restated a "neutral" rating and issued a $32.00 price target (down from $62.00) on shares of Super Micro Computer in a research note on Monday, November 4th. Northland Capmk upgraded shares of Super Micro Computer to a "strong-buy" rating in a report on Friday, December 20th. Finally, The Goldman Sachs Group lowered their price target on shares of Super Micro Computer from $67.50 to $28.00 and set a "neutral" rating for the company in a report on Wednesday, November 6th. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $62.89.

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.