Two Sigma Investments LP Makes New $5.13 Million Investment in Super Micro Computer, Inc. (NASDAQ:SMCI)

Two Sigma Investments LP acquired a new stake in Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 168,285 shares of the company's stock, valued at approximately $5,129,000.

A number of other institutional investors also recently bought and sold shares of the business. Clear Creek Financial Management LLC purchased a new position in shares of Super Micro Computer during the fourth quarter valued at approximately $635,000. Fifth Third Bancorp increased its position in shares of Super Micro Computer by 1,476.6% in the fourth quarter. Fifth Third Bancorp now owns 12,266 shares of the company's stock worth $374,000 after acquiring an additional 11,488 shares in the last quarter. Griffin Asset Management Inc. acquired a new stake in shares of Super Micro Computer in the fourth quarter worth $931,000. Wealth Quarterback LLC acquired a new stake in Super Micro Computer during the 4th quarter valued at $435,000. Finally, KBC Group NV grew its holdings in Super Micro Computer by 472.3% during the 4th quarter. KBC Group NV now owns 41,946 shares of the company's stock valued at $1,279,000 after purchasing an additional 34,617 shares in the last quarter. 84.06% of the stock is currently owned by institutional investors and hedge funds.

Super Micro Computer Stock Performance

NASDAQ:SMCI traded down $0.81 during trading hours on Thursday, hitting $41.15. 35,795,347 shares of the company traded hands, compared to its average volume of 71,778,204. The stock has a market capitalization of $24.56 billion, a price-to-earnings ratio of 20.66 and a beta of 1.36. Super Micro Computer, Inc. has a twelve month low of $17.25 and a twelve month high of $101.40. The firm has a 50-day moving average of $35.87 and a 200 day moving average of $35.87. 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 (NASDAQ:SMCI - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The company reported $0.31 earnings per share (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 analysts' expectations of $5.40 billion. During the same quarter in the prior year, the company posted $0.66 EPS. The business's revenue was up 19.5% on a year-over-year basis. On average, analysts forecast that Super Micro Computer, Inc. will post 1.86 EPS for the current year.

Insider Activity

In other news, CFO David E. Weigand sold 67,000 shares of the company's stock in a transaction dated Tuesday, May 20th. The shares were sold at an average price of $44.02, for a total value of $2,949,340.00. Following the sale, the chief financial officer now owns 88,599 shares of the company's stock, valued at approximately $3,900,127.98. This represents a 43.06% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Robert L. Blair sold 19,460 shares of the company's stock in a transaction dated 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. Corporate insiders own 17.60% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on SMCI. JPMorgan Chase & Co. reduced their price objective on shares of 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. Mizuho set a $40.00 price objective on shares of Super Micro Computer and gave the company a "neutral" rating in a research note on Monday, May 19th. Wall Street Zen upgraded shares of Super Micro Computer to a "sell" rating in a research note on Thursday, May 8th. Northland Securities set a $59.00 price objective on shares of Super Micro Computer in a research note on Wednesday, May 7th. Finally, Raymond James began coverage on shares of Super Micro Computer in a research note on Tuesday, May 13th. They set an "outperform" rating and a $41.00 price objective on the stock. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, Super Micro Computer presently has an average rating of "Hold" and a consensus target price of $45.63.

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.