Mitsubishi UFJ Trust & Banking Corp trimmed its holdings in shares of Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) by 14.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 228,100 shares of the company's stock after selling 37,060 shares during the period. Mitsubishi UFJ Trust & Banking Corp's holdings in Super Micro Computer were worth $6,952,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently bought and sold shares of the company. Cerity Partners LLC boosted its position in Super Micro Computer by 22.5% during the third quarter. Cerity Partners LLC now owns 2,707 shares of the company's stock valued at $1,127,000 after purchasing an additional 497 shares during the last quarter. Townsquare Capital LLC grew its stake in shares of Super Micro Computer by 66.5% in the 3rd quarter. Townsquare Capital LLC now owns 1,307 shares of the company's stock valued at $544,000 after buying an additional 522 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Super Micro Computer by 18.6% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 15,315 shares of the company's stock worth $6,377,000 after buying an additional 2,403 shares during the last quarter. Captrust Financial Advisors grew its position in Super Micro Computer by 132.2% in the third quarter. Captrust Financial Advisors now owns 18,905 shares of the company's stock worth $7,872,000 after acquiring an additional 10,763 shares in the last quarter. Finally, Verition Fund Management LLC raised its holdings in shares of Super Micro Computer by 296.0% during the 3rd quarter. Verition Fund Management LLC now owns 15,213 shares of the company's stock valued at $6,335,000 after purchasing an additional 11,371 shares in the last quarter. 84.06% of the stock is owned by institutional investors and hedge funds.
Insider Activity
In other Super Micro Computer news, CEO Charles Liang sold 46,293 shares of the company's stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $50.17, for a total transaction of $2,322,519.81. Following the transaction, the chief executive officer now directly owns 67,403,640 shares in the company, 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 is accessible through this hyperlink. Also, Director Robert L. Blair sold 19,460 shares of Super Micro Computer stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $42.58, for a total transaction of $828,606.80. The disclosure for this sale can be found here. Insiders have sold 137,473 shares of company stock valued at $6,771,552 over the last three months. 17.60% of the stock is owned by insiders.
Super Micro Computer Price Performance
SMCI traded up $0.81 during trading on Tuesday, hitting $35.05. The company's stock had a trading volume of 41,590,666 shares, compared to its average volume of 73,308,567. Super Micro Computer, Inc. has a 12 month low of $17.25 and a 12 month high of $106.90. The stock has a market capitalization of $20.80 billion, a price-to-earnings ratio of 17.60 and a beta of 1.21. The company has a quick ratio of 1.93, a current ratio of 3.77 and a debt-to-equity ratio of 0.32. The firm's 50 day moving average price is $39.40 and its two-hundred day moving average price is $37.65.
Analyst Ratings Changes
Several equities analysts have commented on SMCI shares. Loop Capital reissued a "buy" rating on shares of Super Micro Computer in a research report on Tuesday, February 18th. StockNews.com upgraded Super Micro Computer to a "sell" rating in a report on Friday, February 28th. Northland Capmk raised shares of Super Micro Computer to a "strong-buy" rating in a report on Friday, December 20th. Rosenblatt Securities started coverage on shares of Super Micro Computer in a research report on Monday, March 10th. They set a "buy" rating and a $60.00 target price for the company. Finally, Barclays started coverage on Super Micro Computer in a research note on Thursday, February 27th. They issued an "equal weight" rating and a $59.00 price objective on the stock. Three research analysts have rated the stock with a sell rating, ten have given a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $53.00.
Check Out Our Latest Stock Report on Super Micro Computer
Super Micro Computer Company Profile
(
Free Report)
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.
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