Gotham Asset Management LLC Has $1.18 Million Stock Holdings in Super Micro Computer, Inc. (NASDAQ:SMCI)

Gotham Asset Management LLC raised its holdings in Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) by 233.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 38,709 shares of the company's stock after acquiring an additional 27,114 shares during the quarter. Gotham Asset Management LLC's holdings in Super Micro Computer were worth $1,180,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. grew its stake in shares of 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 purchasing an additional 55,845,073 shares during the period. Geode Capital Management LLC boosted its holdings 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 last quarter. FMR LLC acquired a new position in shares of Super Micro Computer during the 4th quarter worth about $292,869,000. Invesco Ltd. increased its stake 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 valued at $229,903,000 after acquiring an additional 6,810,082 shares during the last quarter. Finally, Northern Trust Corp grew its holdings in 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 period. Institutional investors and hedge funds own 84.06% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on SMCI shares. JPMorgan Chase & Co. reduced their price target on shares of Super Micro Computer from $36.00 to $35.00 and set a "neutral" rating on the stock in a research report on Wednesday, May 7th. Raymond James assumed coverage on Super Micro Computer in a report on Tuesday, May 13th. They issued an "outperform" rating and a $41.00 price target for the company. KGI Securities began coverage on Super Micro Computer in a report on Wednesday, May 7th. They set a "neutral" rating on the stock. Northland Securities set a $59.00 target price on Super Micro Computer in a research note on Wednesday, May 7th. Finally, Loop Capital reaffirmed a "buy" rating on shares of Super Micro Computer in a research note on Tuesday, February 18th. Three investment 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 stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $45.63.

Insider Transactions at Super Micro Computer

In related news, SVP George Kao sold 71,720 shares of the stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $50.48, for a total transaction of $3,620,425.60. Following the sale, 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Robert L. Blair sold 19,460 shares of Super Micro Computer stock in a transaction on Friday, February 28th. The shares were sold at an average price of $42.58, for a total value of $828,606.80. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 137,473 shares of company stock valued at $6,771,552. 17.60% of the stock is currently owned by corporate insiders.

Super Micro Computer Stock Performance

Shares of SMCI stock traded down $1.36 on Monday, reaching $44.79. The stock had a trading volume of 45,379,275 shares, compared to its average volume of 72,595,219. Super Micro Computer, Inc. has a 12 month low of $17.25 and a 12 month high of $101.40. The firm has a market capitalization of $26.73 billion, a price-to-earnings ratio of 22.49 and a beta of 1.36. The firm's 50-day moving average is $35.68 and its two-hundred day moving average is $35.10. 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 EPS for the quarter, topping 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 firm had revenue of $4.60 billion during the quarter, compared to analysts' expectations of $5.40 billion. During the same period in the previous year, the business posted $0.66 earnings per share. The company's revenue for the quarter was up 19.5% compared to the same quarter last year. On average, research analysts expect that Super Micro Computer, Inc. will post 1.86 EPS for the current fiscal year.

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.