Hussman Strategic Advisors Inc. Has $1.28 Million Stock Position in Super Micro Computer, Inc. (NASDAQ:SMCI)

Hussman Strategic Advisors Inc. boosted its holdings in Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) by 1,233.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 42,000 shares of the company's stock after acquiring an additional 38,850 shares during the period. Hussman Strategic Advisors Inc.'s holdings in Super Micro Computer were worth $1,280,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Emerald Mutual Fund Advisers Trust acquired a new position in Super Micro Computer during the 3rd quarter worth $87,000. Retirement Systems of Alabama increased its stake in Super Micro Computer by 2.3% during the 3rd quarter. Retirement Systems of Alabama now owns 11,367 shares of the company's stock valued at $4,733,000 after buying an additional 258 shares during the period. TrueWealth Advisors LLC lifted its stake in shares of Super Micro Computer by 99.0% in the 3rd quarter. TrueWealth Advisors LLC now owns 593 shares of the company's stock worth $247,000 after acquiring an additional 295 shares during the period. Miller Wealth Advisors LLC acquired a new stake in shares of Super Micro Computer in the 3rd quarter worth approximately $152,000. Finally, Signaturefd LLC increased its stake in shares of Super Micro Computer by 47.4% during the third quarter. Signaturefd LLC now owns 1,191 shares of the company's stock valued at $496,000 after acquiring an additional 383 shares during the period. 84.06% of the stock is currently owned by institutional investors and hedge funds.

Super Micro Computer Stock Performance

NASDAQ:SMCI traded down $3.20 during mid-day trading on Friday, hitting $56.07. 103,031,428 shares of the company's stock traded hands, compared to its average volume of 71,541,281. The firm has a market capitalization of $32.83 billion, a price-to-earnings ratio of 28.15 and a beta of 1.30. The firm has a 50 day moving average of $34.83 and a two-hundred day moving average of $39.86. The company has a current ratio of 3.77, a quick ratio of 1.93 and a debt-to-equity ratio of 0.32. Super Micro Computer, Inc. has a 12 month low of $17.25 and a 12 month high of $122.90.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on SMCI shares. Northland Securities restated an "outperform" rating and issued a $57.00 target price (up from $54.00) on shares of Super Micro Computer in a research report on Wednesday, February 12th. Argus cut Super Micro Computer from a "buy" rating to a "hold" rating in a research note on Thursday, October 31st. The Goldman Sachs Group dropped their price target on shares of Super Micro Computer from $67.50 to $28.00 and set a "neutral" rating on the stock in a research report on Wednesday, November 6th. Northland Capmk upgraded shares of Super Micro Computer to a "strong-buy" rating in a report on Friday, December 20th. Finally, Wedbush boosted their price objective on shares of Super Micro Computer from $24.00 to $40.00 and gave the company a "neutral" rating in a research report on Wednesday, February 12th. Three analysts have rated the stock with a sell rating, ten have issued a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Super Micro Computer presently has a consensus rating of "Hold" and a consensus price target of $60.20.

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.