Ensign Peak Advisors Inc Purchases 427,507 Shares of Super Micro Computer, Inc. (NASDAQ:SMCI)

Ensign Peak Advisors Inc boosted its position in shares of Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) by 1,447.1% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 457,050 shares of the company's stock after buying an additional 427,507 shares during the quarter. Ensign Peak Advisors Inc owned 0.08% of Super Micro Computer worth $13,931,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Wahed Invest LLC increased its holdings in shares of Super Micro Computer by 2.9% in the fourth quarter. Wahed Invest LLC now owns 12,362 shares of the company's stock worth $377,000 after acquiring an additional 352 shares in the last quarter. Shelton Capital Management lifted its position in shares of Super Micro Computer by 6.5% in the fourth quarter. Shelton Capital Management now owns 7,880 shares of the company's stock valued at $240,000 after buying an additional 480 shares during the last quarter. AlphaQuest LLC increased its stake in Super Micro Computer by 233.0% during the 4th quarter. AlphaQuest LLC now owns 1,089 shares of the company's stock worth $33,000 after acquiring an additional 762 shares during the period. Blue Trust Inc. increased its stake in shares of Super Micro Computer by 203.2% in the 4th quarter. Blue Trust Inc. now owns 1,231 shares of the company's stock valued at $38,000 after purchasing an additional 825 shares during the last quarter. Finally, Montag A & Associates Inc. grew its position in Super Micro Computer by 103.6% during the 4th quarter. Montag A & Associates Inc. now owns 1,700 shares of the company's stock worth $52,000 after acquiring an additional 865 shares during the last quarter. Institutional investors own 84.06% of the company's stock.

Insider Buying and Selling at Super Micro Computer

In other Super Micro Computer news, CEO Charles Liang sold 46,293 shares of the 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 completion of 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Robert L. Blair sold 19,460 shares of the stock in a transaction on Friday, February 28th. The shares were sold at an average price of $42.58, for a total value of $828,606.80. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 137,473 shares of company stock valued at $6,771,552. Company insiders own 17.60% of the company's stock.

Analyst Ratings Changes

SMCI has been the topic of several recent research reports. The Goldman Sachs Group downgraded Super Micro Computer from a "neutral" rating to a "sell" rating and cut their target price for the stock from $40.00 to $32.00 in a report on Monday, March 24th. JPMorgan Chase & Co. dropped their price target on Super Micro Computer from $36.00 to $35.00 and set a "neutral" rating on the stock in a research note on Wednesday, May 7th. Northland Securities set a $59.00 price target on Super Micro Computer in a research note on Wednesday, May 7th. KGI Securities initiated coverage on Super Micro Computer in a research note on Wednesday, May 7th. They set a "neutral" rating on the stock. Finally, Barclays reissued an "equal weight" rating and set a $34.00 price objective on shares of Super Micro Computer in a report on Tuesday, May 6th. Three research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $45.53.

Super Micro Computer Stock Performance

Shares of SMCI stock traded up $1.53 during trading on Monday, hitting $33.52. The company's stock had a trading volume of 51,173,212 shares, compared to its average volume of 71,794,682. The company has a market cap of $20.00 billion, a PE ratio of 16.83 and a beta of 1.36. The company has a current ratio of 3.77, a quick ratio of 1.93 and a debt-to-equity ratio of 0.32. The business has a fifty day moving average of $35.26 and a 200-day moving average of $35.00. Super Micro Computer, Inc. has a 52 week low of $17.25 and a 52 week high of $101.40.

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

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.