111 Capital Purchases New Shares in Super Micro Computer, Inc. (NASDAQ:SMCI)

111 Capital purchased a new stake in Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 11,098 shares of the company's stock, valued at approximately $338,000.

Several other institutional investors and hedge funds also recently modified their holdings of SMCI. Vanguard Group Inc. lifted 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 in the last quarter. Geode Capital Management LLC lifted 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 in 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. lifted 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 in the last quarter. Finally, Northern Trust Corp lifted 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 in the last quarter. Hedge funds and other institutional investors own 84.06% of the company's stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. Barclays reissued an "equal weight" rating and set a $34.00 price objective on shares of Super Micro Computer in a research note on Tuesday, May 6th. Cfra raised shares of Super Micro Computer from a "hold" rating to a "buy" rating and set a $48.00 price objective on the stock in a research note on Tuesday, February 11th. Loop Capital reissued a "buy" rating on shares of Super Micro Computer in a research note on Tuesday, February 18th. Wedbush reissued a "neutral" rating and set a $30.00 price objective (down previously from $40.00) on shares of Super Micro Computer in a research note on Wednesday, May 7th. Finally, The Goldman Sachs Group downgraded shares of Super Micro Computer from a "neutral" rating to a "sell" rating and reduced their price objective for the company from $40.00 to $32.00 in a research note on Monday, March 24th. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Super Micro Computer has a consensus rating of "Hold" and a consensus price target of $45.63.

Insider Transactions at Super Micro Computer

In related news, CFO David E. Weigand sold 67,000 shares of the firm's stock in a transaction on Tuesday, May 20th. The shares were sold at an average price of $44.02, for a total transaction of $2,949,340.00. Following the completion of the sale, the chief financial officer now directly owns 88,599 shares of the company's stock, valued at approximately $3,900,127.98. This trade represents a 43.06% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 17.60% of the company's stock.

Super Micro Computer Trading Down 3.5%

Shares of Super Micro Computer stock traded down $1.42 during trading hours on Friday, hitting $39.73. The company's stock had a trading volume of 34,776,375 shares, compared to its average volume of 71,818,247. Super Micro Computer, Inc. has a 1-year low of $17.25 and a 1-year high of $101.40. The business has a fifty day moving average of $35.84 and a 200 day moving average of $36.12. The company has a market capitalization of $23.71 billion, a PE ratio of 19.94 and a beta of 1.36. The company has a quick ratio of 1.93, a current ratio of 3.77 and a debt-to-equity ratio of 0.32.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) last released its quarterly earnings data on Tuesday, May 6th. The company reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate 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 quarter in the prior year, the business earned $0.66 earnings per share. The business's quarterly revenue was up 19.5% compared to the same quarter last year. As a group, equities analysts forecast that Super Micro Computer, Inc. will post 1.86 EPS 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.