GMT Capital Corp Has $4.48 Million Holdings in Super Micro Computer, Inc. (NASDAQ:SMCI)

GMT Capital Corp boosted its holdings in shares of Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) by 6,895.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 146,900 shares of the company's stock after purchasing an additional 144,800 shares during the quarter. GMT Capital Corp's holdings in Super Micro Computer were worth $4,478,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in SMCI. Salem Investment Counselors Inc. bought a new stake in shares of Super Micro Computer in the 4th quarter worth approximately $30,000. Trust Co. of Vermont lifted its position in Super Micro Computer by 900.0% in the fourth 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. Parkside Financial Bank & Trust boosted its stake in Super Micro Computer by 2,890.9% during the fourth quarter. Parkside Financial Bank & Trust now owns 987 shares of the company's stock worth $30,000 after buying an additional 954 shares in the last quarter. Larson Financial Group LLC increased its holdings in Super Micro Computer by 902.0% in the 4th quarter. Larson Financial Group LLC now owns 992 shares of the company's stock valued at $30,000 after buying an additional 893 shares during the period. Finally, Toth Financial Advisory Corp acquired a new position in shares of Super Micro Computer in the 4th quarter valued at $31,000. 84.06% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Wedbush reissued a "hold" rating on shares of Super Micro Computer in a research note on Tuesday, February 18th. 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. Cfra upgraded Super Micro Computer from a "hold" rating to a "buy" rating and set a $48.00 target price for the company in a research report on Tuesday, February 11th. Loop Capital reiterated a "buy" rating on shares of Super Micro Computer in a research report on Tuesday, February 18th. Finally, Rosenblatt Securities assumed coverage on Super Micro Computer in a report on Monday, March 10th. They set a "buy" rating and a $60.00 price objective for the company. Three equities 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. According to MarketBeat.com, Super Micro Computer has a consensus rating of "Hold" and a consensus price target of $52.57.

Insider Activity at Super Micro Computer

In other Super Micro Computer news, Director Robert L. Blair sold 19,460 shares of the company's stock in a transaction that occurred 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 filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Charles Liang sold 46,293 shares of Super Micro Computer stock in a transaction on Wednesday, February 26th. The stock was 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 ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 137,473 shares of company stock worth $6,771,552 over the last ninety days. Company insiders own 17.60% of the company's stock.

Super Micro Computer Trading Up 8.8 %

NASDAQ:SMCI traded up $2.91 on Thursday, hitting $35.81. 50,121,274 shares of the stock were exchanged, compared to its average volume of 72,313,677. The stock has a market capitalization of $21.25 billion, a price-to-earnings ratio of 17.98 and a beta of 1.22. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.93 and a current ratio of 3.77. Super Micro Computer, Inc. has a 52 week low of $17.25 and a 52 week high of $101.40. The company's 50-day moving average price is $38.75 and its 200 day moving average price is $36.27.

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.