Super Micro Computer, Inc. (NASDAQ:SMCI) Shares Acquired by United Capital Financial Advisors LLC

United Capital Financial Advisors LLC raised its stake in shares of Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) by 945.5% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 10,225 shares of the company's stock after acquiring an additional 9,247 shares during the period. United Capital Financial Advisors LLC's holdings in Super Micro Computer were worth $312,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of SMCI. World Investment Advisors LLC boosted its position in shares of Super Micro Computer by 13,210.5% during the third quarter. World Investment Advisors LLC now owns 56,969 shares of the company's stock worth $23,722,000 after acquiring an additional 56,541 shares during the last quarter. Tidal Investments LLC increased its position in Super Micro Computer by 143.8% in the third quarter. Tidal Investments LLC now owns 50,355 shares of the company's stock worth $20,968,000 after purchasing an additional 29,697 shares during the last quarter. Synovus Financial Corp purchased a new stake in Super Micro Computer during the third quarter valued at $443,000. GAMMA Investing LLC increased its holdings in shares of Super Micro Computer by 1,160.6% in the 4th quarter. GAMMA Investing LLC now owns 6,341 shares of the company's stock worth $193,000 after buying an additional 5,838 shares during the last quarter. Finally, Everence Capital Management Inc. raised its position in shares of Super Micro Computer by 1,366.0% during the 4th quarter. Everence Capital Management Inc. now owns 15,540 shares of the company's stock valued at $474,000 after buying an additional 14,480 shares in the last quarter. Institutional investors own 84.06% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Barclays initiated coverage on shares of Super Micro Computer in a report on Thursday, February 27th. They issued an "equal weight" rating and a $59.00 target price for the company. Loop Capital reiterated a "buy" rating on shares of Super Micro Computer in a report on Tuesday, February 18th. Rosenblatt Securities started coverage on 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. The Goldman Sachs Group lowered shares of Super Micro Computer from a "neutral" rating to a "sell" rating and lowered their price objective for the stock from $40.00 to $32.00 in a research note on Monday, March 24th. Finally, Cfra raised shares of Super Micro Computer from a "hold" rating to a "buy" rating and set a $48.00 price target for the company in a research report on Tuesday, February 11th. Three investment analysts have rated the stock with a sell rating, ten have issued a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Super Micro Computer has a consensus rating of "Hold" and an average target price of $52.57.

Insider Buying and Selling at Super Micro Computer

In related news, Director Robert L. Blair sold 19,460 shares of the business's stock in a transaction on Friday, February 28th. The shares were sold at an average price of $42.58, for a total transaction of $828,606.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Charles Liang sold 46,293 shares of the company's stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $50.17, for a total value of $2,322,519.81. Following the transaction, the chief executive officer now directly owns 67,403,640 shares of the company's stock, 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 a total of 137,473 shares of company stock valued at $6,771,552 over the last quarter. 17.60% of the stock is owned by company insiders.

Super Micro Computer Trading Up 8.8 %

Super Micro Computer stock traded up $2.91 during mid-day trading on Thursday, hitting $35.81. The company's stock had a trading volume of 46,563,988 shares, compared to its average volume of 72,292,185. Super Micro Computer, Inc. has a 1 year low of $17.25 and a 1 year high of $101.40. The firm has a market capitalization of $21.25 billion, a PE ratio of 17.98 and a beta of 1.22. The stock's fifty day moving average is $38.99 and its two-hundred day moving average is $36.35. 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 Company 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.