Mufg Securities Americas Inc. Invests $227,000 in Super Micro Computer, Inc. (NASDAQ:SMCI)

Mufg Securities Americas Inc. bought a new position in Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 7,435 shares of the company's stock, valued at approximately $227,000.

A number of other large investors also recently modified their holdings of the company. Vanguard Group Inc. raised its holdings in shares of Super Micro Computer by 908.4% in the fourth quarter. Vanguard Group Inc. now owns 61,992,493 shares of the company's stock valued at $1,889,531,000 after purchasing an additional 55,845,073 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Super Micro Computer by 914.7% in the fourth quarter. Geode Capital Management LLC now owns 12,846,717 shares of the company's stock valued at $390,572,000 after purchasing an additional 11,580,677 shares during the last quarter. FMR LLC purchased a new stake in shares of Super Micro Computer in the fourth quarter valued at about $292,869,000. Invesco Ltd. raised its holdings in shares of Super Micro Computer by 929.5% in the fourth quarter. Invesco Ltd. now owns 7,542,742 shares of the company's stock valued at $229,903,000 after purchasing an additional 6,810,082 shares during the last quarter. Finally, Northern Trust Corp raised its holdings in shares of Super Micro Computer by 1,573.8% in the fourth quarter. Northern Trust Corp now owns 4,897,876 shares of the company's stock valued at $149,287,000 after purchasing an additional 4,605,260 shares during the last quarter. 84.06% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have recently commented on SMCI. Needham & Company LLC reiterated a "buy" rating and issued a $39.00 target price on shares of Super Micro Computer in a report on Wednesday, May 7th. Mizuho raised their price objective on shares of Super Micro Computer from $32.00 to $40.00 and gave the stock a "neutral" rating in a report on Monday. Loop Capital restated a "buy" rating on shares of Super Micro Computer in a report on Tuesday, February 18th. Barclays restated an "equal weight" rating and set a $34.00 price objective on shares of Super Micro Computer in a report on Tuesday, May 6th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Super Micro Computer from $36.00 to $35.00 and set a "neutral" rating for the company in a report on Wednesday, May 7th. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $45.63.

Insider Activity at Super Micro Computer

In other Super Micro Computer news, CEO Charles Liang sold 46,293 shares of Super Micro Computer 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 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 trade represents a 0.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP George Kao sold 71,720 shares of Super Micro Computer stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $50.48, for a total transaction of $3,620,425.60. Following the transaction, the senior vice president now directly owns 19,449 shares in the company, valued at $981,785.52. This trade represents a 78.67% 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 valued at $6,771,552 over the last three months. 17.60% of the stock is owned by corporate insiders.

Super Micro Computer Price Performance

Shares of SMCI stock traded down $1.36 during trading hours on Monday, reaching $44.79. The stock had a trading volume of 45,379,275 shares, compared to its average volume of 72,595,711. The stock's fifty day simple moving average is $35.68 and its 200 day simple moving average is $35.10. 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 12 month low of $17.25 and a 12 month high of $101.40. The firm has a market capitalization of $26.73 billion, a PE ratio of 22.49 and a beta of 1.36.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) last released its quarterly earnings data on Tuesday, May 6th. The company reported $0.31 EPS for the quarter, beating analysts' consensus estimates of $0.30 by $0.01. Super Micro Computer had a net margin of 8.09% and a return on equity of 30.57%. The company had revenue of $4.60 billion during the quarter, compared to analyst estimates of $5.40 billion. During the same period last year, the business earned $0.66 earnings per share. Super Micro Computer's revenue was up 19.5% compared to the same quarter last year. On average, equities research analysts predict that Super Micro Computer, Inc. will post 1.86 EPS for the current year.

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.