Arlington Capital Management Inc. Decreases Stock Holdings in Super Micro Computer, Inc. (NASDAQ:SMCI)

Arlington Capital Management Inc. lowered its stake in Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) by 50.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 26,186 shares of the company's stock after selling 26,767 shares during the period. Super Micro Computer accounts for approximately 0.7% of Arlington Capital Management Inc.'s holdings, making the stock its 26th biggest holding. Arlington Capital Management Inc.'s holdings in Super Micro Computer were worth $897,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in SMCI. Vanguard Group Inc. lifted 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 buying an additional 55,845,073 shares during the period. Geode Capital Management LLC lifted its position in 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 buying an additional 11,580,677 shares during the period. FMR LLC purchased a new position in shares of Super Micro Computer in the 4th quarter worth about $292,869,000. Invesco Ltd. raised its position in shares of Super Micro Computer by 929.5% in the 4th quarter. Invesco Ltd. now owns 7,542,742 shares of the company's stock worth $229,903,000 after purchasing an additional 6,810,082 shares during the last quarter. Finally, Northern Trust Corp raised its position in shares of Super Micro Computer by 1,573.8% in the 4th quarter. Northern Trust Corp now owns 4,897,876 shares of the company's stock worth $149,287,000 after purchasing an additional 4,605,260 shares during the last quarter. Institutional investors own 84.06% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on SMCI. Raymond James Financial began coverage on Super Micro Computer in a research report on Wednesday, June 25th. They issued an "outperform" rating for the company. KGI Securities began coverage on Super Micro Computer in a research report on Wednesday, May 7th. They issued a "neutral" rating for the company. Barclays reissued an "equal weight" rating and issued a $34.00 target price on shares of Super Micro Computer in a research report on Tuesday, May 6th. Mizuho boosted their target price on Super Micro Computer from $40.00 to $47.00 and gave the stock a "neutral" rating in a research report on Thursday, July 3rd. Finally, Northland Securities set a $59.00 target price on Super Micro Computer in a research report on Wednesday, May 7th. Three analysts have rated the stock with a sell rating, seven have issued a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Super Micro Computer has an average rating of "Hold" and a consensus price target of $42.89.

Insider Activity at Super Micro Computer

In other Super Micro Computer news, CFO David E. Weigand sold 67,000 shares of the company's stock in a transaction that occurred on Tuesday, May 20th. The stock was sold at an average price of $44.02, for a total value of $2,949,340.00. Following the completion of the transaction, the chief financial officer directly owned 88,599 shares in the company, valued at $3,900,127.98. This represents a 43.06% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Charles Liang sold 300,000 shares of the company's stock in a transaction that occurred on Wednesday, June 18th. The stock was sold at an average price of $45.00, for a total value of $13,500,000.00. Following the completion of the transaction, the chief executive officer owned 66,903,640 shares of the company's stock, valued at $3,010,663,800. The trade was a 0.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 667,000 shares of company stock worth $29,949,340. 17.60% of the stock is owned by company insiders.

Super Micro Computer Stock Performance

Shares of NASDAQ:SMCI traded up $0.82 during mid-day trading on Thursday, reaching $52.52. 37,628,143 shares of the company traded hands, compared to its average volume of 34,774,068. The company's 50 day moving average price is $45.77 and its 200-day moving average price is $39.77. The firm has a market cap of $31.34 billion, a PE ratio of 27.63, a PEG ratio of 2.52 and a beta of 1.43. The company has a debt-to-equity ratio of 0.38, a current ratio of 6.66 and a quick ratio of 3.95. Super Micro Computer, Inc. has a 52 week low of $17.25 and a 52 week high of $73.00.

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. The company had revenue of $4.60 billion during the quarter, compared to the consensus estimate of $5.40 billion. Super Micro Computer had a return on equity of 20.41% and a net margin of 5.61%. The firm's revenue was up 19.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.66 EPS. On average, equities analysts expect that Super Micro Computer, Inc. will post 1.86 EPS for the current fiscal 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.