Lbmc Investment Advisors LLC Takes $344,000 Position in Super Micro Computer, Inc. (NASDAQ:SMCI)

Lbmc Investment Advisors LLC purchased a new stake in Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 11,300 shares of the company's stock, valued at approximately $344,000.

Several other hedge funds and other institutional investors also recently modified their holdings of SMCI. Trust Co. of Vermont boosted its stake in Super Micro Computer by 900.0% in the 4th quarter. Trust Co. of Vermont now owns 1,000 shares of the company's stock worth $30,000 after purchasing an additional 900 shares during the period. B & T Capital Management DBA Alpha Capital Management lifted its holdings in shares of Super Micro Computer by 2,129.8% in the fourth quarter. B & T Capital Management DBA Alpha Capital Management now owns 12,777 shares of the company's stock worth $389,000 after buying an additional 12,204 shares in the last quarter. Bouvel Investment Partners LLC boosted its position in shares of Super Micro Computer by 1,719.0% in the fourth quarter. Bouvel Investment Partners LLC now owns 46,785 shares of the company's stock valued at $1,426,000 after acquiring an additional 44,213 shares during the period. BluePath Capital Management LLC grew its stake in Super Micro Computer by 2,415.8% during the fourth quarter. BluePath Capital Management LLC now owns 27,875 shares of the company's stock valued at $866,000 after acquiring an additional 26,767 shares in the last quarter. Finally, Armstrong Advisory Group Inc. bought a new stake in Super Micro Computer during the 4th quarter worth approximately $56,000. Institutional investors own 84.06% of the company's stock.

Analyst Ratings Changes

SMCI has been the subject of several analyst reports. The Goldman Sachs Group cut 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. StockNews.com cut Super Micro Computer from a "hold" rating to a "sell" rating in a report on Wednesday, October 9th. Loop Capital cut their price objective on Super Micro Computer from $150.00 to $100.00 and set a "buy" rating for the company in a report on Monday, September 23rd. Northland Capmk raised shares of Super Micro Computer to a "strong-buy" rating in a research note on Friday, December 20th. Finally, Wedbush reissued a "neutral" rating and issued a $32.00 price target (down previously from $62.00) on shares of Super Micro Computer in a research note on Monday, November 4th. 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 assigned a strong buy rating to the stock. According to data from MarketBeat, Super Micro Computer presently has an average rating of "Hold" and a consensus price target of $66.89.

Super Micro Computer Stock Down 1.0 %

Shares of SMCI stock traded down $0.30 during midday trading on Friday, reaching $30.82. 24,271,941 shares of the stock were exchanged, compared to its average volume of 36,148,280. Super Micro Computer, Inc. has a 1 year low of $17.25 and a 1 year high of $122.90. The firm has a market cap of $17.24 billion, a PE ratio of 15.47 and a beta of 1.31. The company's 50 day moving average is $32.59 and its two-hundred day moving average is $46.94. The company has a current ratio of 3.77, a quick ratio of 1.93 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.