Super Micro Computer, Inc. (NASDAQ:SMCI) Shares Acquired by Czech National Bank

Czech National Bank boosted its position in shares of Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) by 5.9% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 115,665 shares of the company's stock after buying an additional 6,490 shares during the quarter. Czech National Bank's holdings in Super Micro Computer were worth $3,960,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of SMCI. Vanguard Group Inc. boosted its stake 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 worth $1,889,531,000 after buying an additional 55,845,073 shares during the period. Geode Capital Management LLC boosted its stake 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 worth $390,572,000 after buying an additional 11,580,677 shares during the period. FMR LLC purchased a new stake in shares of Super Micro Computer during the fourth quarter valued at $292,869,000. Invesco Ltd. grew 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 worth $229,903,000 after purchasing an additional 6,810,082 shares during the last quarter. Finally, Northern Trust Corp grew 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 worth $149,287,000 after purchasing an additional 4,605,260 shares during the last quarter. 84.06% of the stock is owned by hedge funds and other institutional investors.

Super Micro Computer Stock Down 7.6%

Super Micro Computer stock traded down $3.36 during trading hours on Thursday, reaching $40.77. The stock had a trading volume of 40,365,908 shares, compared to its average volume of 71,385,561. The business's 50 day moving average price is $36.29 and its 200-day moving average price is $36.61. The company has a market cap of $24.33 billion, a price-to-earnings ratio of 20.47 and a beta of 1.40. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.77 and a quick ratio of 1.93. 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 posted its quarterly earnings data on Tuesday, May 6th. The company reported $0.31 earnings per share for the quarter, topping analysts' consensus estimates of $0.30 by $0.01. Super Micro Computer had a return on equity of 30.57% and a net margin of 8.09%. The firm had revenue of $4.60 billion during the quarter, compared to analysts' expectations of $5.40 billion. During the same quarter last year, the firm earned $0.66 EPS. The business's quarterly revenue was up 19.5% on a year-over-year basis. Sell-side analysts anticipate that Super Micro Computer, Inc. will post 1.86 EPS for the current year.

Insider Buying and Selling

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 shares were sold at an average price of $44.02, for a total transaction of $2,949,340.00. Following the transaction, the chief financial officer now owns 88,599 shares in the company, valued at approximately $3,900,127.98. This represents a 43.06% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 17.60% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research firms have issued reports on SMCI. Mizuho set a $40.00 price objective on shares of Super Micro Computer and gave the company a "neutral" rating in a research report on Monday, May 19th. Wall Street Zen upgraded Super Micro Computer to a "sell" rating in a report on Thursday, May 8th. Barclays reaffirmed an "equal weight" rating and set a $34.00 target price on shares of Super Micro Computer in a research report on Tuesday, May 6th. Cfra upgraded Super Micro Computer from a "hold" rating to a "buy" rating and set a $48.00 target price for the company in a report on Tuesday, February 11th. Finally, The Goldman Sachs Group lowered Super Micro Computer from a "neutral" rating to a "sell" rating and cut their price target for the company from $40.00 to $32.00 in a research note on Monday, March 24th. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Super Micro Computer has an average rating of "Hold" and an average 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.