Xponance Inc. raised its position in Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) by 980.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 122,053 shares of the company's stock after purchasing an additional 110,754 shares during the quarter. Xponance Inc.'s holdings in Super Micro Computer were worth $3,720,000 as of its most recent SEC filing.
Several other large investors have also recently bought and sold shares of SMCI. OneDigital Investment Advisors LLC boosted its holdings in Super Micro Computer by 108.5% in the third quarter. OneDigital Investment Advisors LLC now owns 1,132 shares of the company's stock worth $471,000 after acquiring an additional 589 shares in the last quarter. Thrivent Financial for Lutherans increased its position in shares of Super Micro Computer by 440.6% during the third quarter. Thrivent Financial for Lutherans now owns 19,760 shares of the company's stock worth $8,228,000 after acquiring an additional 16,105 shares in the last quarter. Prospera Financial Services Inc increased its holdings in Super Micro Computer by 41.4% during the 3rd quarter. Prospera Financial Services Inc now owns 3,031 shares of the company's stock worth $1,262,000 after purchasing an additional 888 shares in the last quarter. B. Metzler seel. Sohn & Co. Holding AG bought a new position in shares of Super Micro Computer in the third quarter valued at approximately $548,000. Finally, PNC Financial Services Group Inc. grew its holdings in Super Micro Computer by 34.1% during the third quarter. PNC Financial Services Group Inc. now owns 9,174 shares of the company's stock worth $3,820,000 after buying an additional 2,335 shares in the last quarter. 84.06% of the stock is currently owned by institutional investors.
Super Micro Computer Stock Down 1.0 %
SMCI traded down $0.43 on Monday, hitting $41.72. The company had a trading volume of 84,875,208 shares, compared to its average volume of 73,254,721. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.93 and a current ratio of 3.77. The stock has a market capitalization of $24.76 billion, a price-to-earnings ratio of 20.94 and a beta of 1.21. The stock has a fifty day moving average price of $38.66 and a 200-day moving average price of $37.84. Super Micro Computer, Inc. has a 12-month low of $17.25 and a 12-month high of $110.61.
Analyst Ratings Changes
Several research analysts recently weighed in on the stock. Northland Capmk upgraded shares of Super Micro Computer to a "strong-buy" rating in a report on Friday, December 20th. Wedbush reiterated a "hold" rating on shares of Super Micro Computer in a research note on Tuesday, February 18th. Loop Capital reaffirmed a "buy" rating on shares of Super Micro Computer in a report on Tuesday, February 18th. Cfra upgraded 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 research note on Tuesday, February 11th. Finally, Barclays initiated coverage on Super Micro Computer in a research note on Thursday, February 27th. They issued an "equal weight" rating and a $59.00 target price for the company. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Super Micro Computer currently has a consensus rating of "Hold" and a consensus price target of $53.00.
Check Out Our Latest Report on Super Micro Computer
Insiders Place Their Bets
In other Super Micro Computer news, CEO Charles Liang sold 46,293 shares of the business's stock in a transaction that occurred on 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 owns 67,403,640 shares of the company's stock, valued at approximately $3,381,640,618.80. The trade was a 0.07 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Robert L. Blair sold 19,460 shares of the firm's stock in a transaction 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. Over the last three months, insiders have sold 137,473 shares of company stock valued at $6,771,552. 17.60% of the stock is currently owned by insiders.
About Super Micro Computer
(
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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