7,696 Shares in Super Micro Computer, Inc. (NASDAQ:SMCI) Bought by Ethic Inc.

Ethic Inc. purchased a new stake in shares of Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 7,696 shares of the company's stock, valued at approximately $235,000.

A number of other large investors have also added to or reduced their stakes in SMCI. Vanguard Group Inc. raised its position in Super Micro Computer by 908.4% during 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% during 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 position in shares of Super Micro Computer during the fourth quarter valued at approximately $292,869,000. Invesco Ltd. lifted its holdings in shares of Super Micro Computer by 929.5% during 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 lifted its holdings in shares of Super Micro Computer by 1,573.8% during 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. Hedge funds and other institutional investors own 84.06% of the company's stock.

Super Micro Computer Trading Up 5.0%

Shares of Super Micro Computer stock opened at $46.15 on Friday. The company has a market capitalization of $27.54 billion, a P/E ratio of 23.17 and a beta of 1.36. 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 company has a fifty day moving average of $35.68 and a 200 day moving average of $35.06. Super Micro Computer, Inc. has a fifty-two week low of $17.25 and a fifty-two week high of $101.40.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) last issued its earnings results on Tuesday, May 6th. The company reported $0.31 earnings per share 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 the consensus estimate of $5.40 billion. During the same quarter in the prior year, the firm posted $0.66 EPS. Super Micro Computer's quarterly revenue was up 19.5% compared to the same quarter last year. On average, sell-side analysts anticipate that Super Micro Computer, Inc. will post 1.86 earnings per share for the current fiscal year.

Insider Buying and Selling at Super Micro Computer

In other Super Micro Computer news, SVP George Kao sold 71,720 shares of the stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $50.48, for a total transaction of $3,620,425.60. Following the completion of the transaction, the senior vice president now owns 19,449 shares of the company's stock, valued at $981,785.52. This represents a 78.67% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Charles Liang sold 46,293 shares of the stock in a transaction dated 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 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. The trade was a 0.07% decrease in their position. The disclosure for this sale can be found here. Insiders sold 137,473 shares of company stock valued at $6,771,552 in the last 90 days. Insiders own 17.60% of the company's stock.

Analyst Ratings Changes

SMCI has been the subject of several recent research reports. KGI Securities initiated coverage on shares of Super Micro Computer in a report on Wednesday, May 7th. They set a "neutral" rating for the company. StockNews.com upgraded shares of Super Micro Computer to a "sell" rating in a report on Thursday, May 8th. The Goldman Sachs Group lowered shares of Super Micro Computer from a "neutral" rating to a "sell" rating and decreased their price objective for the stock from $40.00 to $32.00 in a report on Monday, March 24th. Wedbush restated a "neutral" rating and issued a $30.00 price objective (down from $40.00) on shares of Super Micro Computer in a report on Wednesday, May 7th. Finally, Raymond James assumed coverage on shares of Super Micro Computer in a report on Tuesday, May 13th. They issued an "outperform" rating and a $41.00 price objective for the company. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Super Micro Computer has a consensus rating of "Hold" and a consensus price target of $45.25.

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.

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