Natixis Advisors LLC Invests $312,000 in Super Micro Computer, Inc. (NASDAQ:SMCI)

Natixis Advisors LLC bought a new stake in shares of Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 10,233 shares of the company's stock, valued at approximately $312,000.

Several other large investors also recently modified their holdings of the stock. Salem Investment Counselors Inc. purchased a new position in shares of Super Micro Computer in the fourth quarter worth about $30,000. Trust Co. of Vermont grew 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 valued at $30,000 after buying an additional 900 shares in the last quarter. Parkside Financial Bank & Trust raised its holdings in Super Micro Computer by 2,890.9% during the 4th quarter. Parkside Financial Bank & Trust now owns 987 shares of the company's stock valued at $30,000 after acquiring an additional 954 shares during the period. Larson Financial Group LLC lifted its position in shares of Super Micro Computer by 902.0% during the fourth quarter. Larson Financial Group LLC now owns 992 shares of the company's stock worth $30,000 after acquiring an additional 893 shares in the last quarter. Finally, Toth Financial Advisory Corp bought a new position in shares of Super Micro Computer in the fourth quarter worth $31,000. Hedge funds and other institutional investors own 84.06% of the company's stock.

Super Micro Computer Trading Down 1.3 %

Shares of NASDAQ:SMCI traded down $0.46 during trading on Monday, reaching $33.80. 27,850,274 shares of the company traded hands, compared to its average volume of 73,374,545. 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 52-week low of $17.25 and a 52-week high of $106.90. The business's fifty day moving average is $39.33 and its 200-day moving average is $37.72. The firm has a market capitalization of $20.06 billion, a price-to-earnings ratio of 16.97 and a beta of 1.21.

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Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Wedbush reissued a "hold" rating on shares of Super Micro Computer in a report on Tuesday, February 18th. Loop Capital reissued a "buy" rating on shares of Super Micro Computer in a report on Tuesday, February 18th. JPMorgan Chase & Co. raised shares of Super Micro Computer from an "underweight" rating to a "neutral" rating and raised their target price for the company from $35.00 to $45.00 in a research note on Friday, March 21st. Cfra raised shares of Super Micro Computer from a "hold" rating to a "buy" rating and set a $48.00 price target on the stock in a report on Tuesday, February 11th. Finally, The Goldman Sachs Group downgraded 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 report on Monday, March 24th. Three research analysts have rated the stock with a sell rating, ten have given a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $53.00.

Insiders Place Their Bets

In other Super Micro Computer news, Director Robert L. Blair sold 19,460 shares of the company's stock in a transaction on Friday, February 28th. The shares were sold at an average price of $42.58, for a total value of $828,606.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Charles Liang sold 46,293 shares of Super Micro Computer 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 sale, the chief executive officer now directly owns 67,403,640 shares in the company, valued at $3,381,640,618.80. The trade was a 0.07 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 137,473 shares of company stock valued at $6,771,552 in the last quarter. Insiders own 17.60% of the company's stock.

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.