12,000 Shares in Super Micro Computer, Inc. (NASDAQ:SMCI) Acquired by Rockline Wealth Management LLC

Rockline Wealth Management LLC bought a new stake in Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 12,000 shares of the company's stock, valued at approximately $366,000.

A number of other institutional investors have also added to or reduced their stakes in SMCI. Emerald Mutual Fund Advisers Trust bought a new position in Super Micro Computer in the 3rd quarter valued at about $87,000. Wealth Effects LLC raised its stake in shares of Super Micro Computer by 90.7% in the third quarter. Wealth Effects LLC now owns 515 shares of the company's stock worth $214,000 after purchasing an additional 245 shares during the last quarter. Retirement Systems of Alabama lifted its holdings in shares of Super Micro Computer by 2.3% in the third quarter. Retirement Systems of Alabama now owns 11,367 shares of the company's stock valued at $4,733,000 after purchasing an additional 258 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt boosted its position in shares of Super Micro Computer by 252.8% during the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 374 shares of the company's stock valued at $156,000 after buying an additional 268 shares during the last quarter. Finally, CWM LLC raised its position in Super Micro Computer by 11.7% in the 3rd quarter. CWM LLC now owns 2,773 shares of the company's stock valued at $1,155,000 after buying an additional 290 shares during the last quarter. 84.06% of the stock is owned by institutional investors and hedge funds.

Super Micro Computer Price Performance

Shares of NASDAQ SMCI traded up $2.44 during mid-day trading on Friday, reaching $36.28. The company's stock had a trading volume of 72,267,735 shares, compared to its average volume of 38,494,109. The stock has a fifty day moving average of $33.55 and a two-hundred day moving average of $41.46. The firm has a market capitalization of $21.24 billion, a PE ratio of 18.21 and a beta of 1.30. Super Micro Computer, Inc. has a 52 week low of $17.25 and a 52 week high of $122.90. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.77 and a quick ratio of 1.93.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on SMCI. Argus cut Super Micro Computer from a "buy" rating to a "hold" rating in a research note on Thursday, October 31st. Loop Capital increased their price target on Super Micro Computer from $35.00 to $40.00 and gave the stock a "buy" rating in a research note on Thursday, January 23rd. Northland Capmk upgraded shares of Super Micro Computer to a "strong-buy" rating in a research note on Friday, December 20th. JPMorgan Chase & Co. lowered Super Micro Computer from a "neutral" rating to an "underweight" rating and decreased their price objective for the company from $50.00 to $23.00 in a research note on Wednesday, November 6th. Finally, Wedbush restated a "neutral" rating and issued a $32.00 target price (down previously from $62.00) on shares of Super Micro Computer in a research note on Monday, November 4th. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Super Micro Computer currently has a consensus rating of "Hold" and a consensus price target of $62.89.

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.