231,919 Shares in Super Micro Computer, Inc. (NASDAQ:SMCI) Acquired by ExodusPoint Capital Management LP

ExodusPoint Capital Management LP purchased a new position in Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 231,919 shares of the company's stock, valued at approximately $7,069,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Benjamin Edwards Inc. bought a new position in Super Micro Computer in the 3rd quarter worth $383,000. Janus Henderson Group PLC grew its position in shares of Super Micro Computer by 36.0% during the third quarter. Janus Henderson Group PLC now owns 6,560 shares of the company's stock worth $2,732,000 after purchasing an additional 1,736 shares in the last quarter. Jacobs Levy Equity Management Inc. bought a new stake in Super Micro Computer during the 3rd quarter valued at approximately $906,000. Investment Management Corp of Ontario boosted its stake in Super Micro Computer by 53.0% in the 3rd quarter. Investment Management Corp of Ontario now owns 1,732 shares of the company's stock worth $721,000 after purchasing an additional 600 shares during the period. Finally, Royal London Asset Management Ltd. boosted its holdings in shares of Super Micro Computer by 279.8% during the 3rd quarter. Royal London Asset Management Ltd. now owns 29,483 shares of the company's stock valued at $12,277,000 after purchasing an additional 21,721 shares during the last quarter. Hedge funds and other institutional investors own 84.06% of the company's stock.

Insider Transactions at Super Micro Computer

In related news, CEO Charles Liang sold 46,293 shares of the company's stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $50.17, for a total value of $2,322,519.81. Following the completion of the transaction, the chief executive officer now owns 67,403,640 shares of the company's stock, valued at approximately $3,381,640,618.80. This represents a 0.07 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Robert L. Blair sold 19,460 shares of the business's stock in a transaction that occurred on Friday, February 28th. The shares were 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. Insiders have sold 137,473 shares of company stock worth $6,771,552 over the last quarter. 17.60% of the stock is currently owned by insiders.

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Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Loop Capital reiterated a "buy" rating on shares of Super Micro Computer in a research report on Tuesday, February 18th. Northland Capmk upgraded Super Micro Computer to a "strong-buy" rating in a research report on Friday, December 20th. Barclays started coverage on Super Micro Computer in a research report on Thursday, February 27th. They set an "equal weight" rating and a $59.00 target price on the stock. The Goldman Sachs Group lowered shares of Super Micro Computer from a "neutral" rating to a "sell" rating and dropped their price objective for the stock from $40.00 to $32.00 in a research note on Monday, March 24th. Finally, JPMorgan Chase & Co. raised shares of Super Micro Computer from an "underweight" rating to a "neutral" rating and raised their price objective for the stock from $35.00 to $45.00 in a research note on Friday, March 21st. Three analysts have rated the stock with a sell rating, ten have issued a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $53.00.

Super Micro Computer Stock Up 0.1 %

SMCI stock traded up $0.03 on Tuesday, hitting $33.03. 44,831,323 shares of the company's stock were exchanged, compared to its average volume of 73,275,694. 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 12-month low of $17.25 and a 12-month high of $102.03. The stock has a market cap of $19.60 billion, a P/E ratio of 16.77 and a beta of 1.22. The firm has a 50 day moving average price of $39.47 and a two-hundred day moving average price of $37.25.

Super Micro Computer 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.