Janus Henderson Group PLC Purchases 61,891 Shares of Super Micro Computer, Inc. (NASDAQ:SMCI)

Janus Henderson Group PLC increased its position in shares of Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) by 943.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 68,451 shares of the company's stock after acquiring an additional 61,891 shares during the quarter. Janus Henderson Group PLC's holdings in Super Micro Computer were worth $2,087,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of SMCI. Parkside Financial Bank & Trust lifted its stake in Super Micro Computer by 2,890.9% in the fourth quarter. Parkside Financial Bank & Trust now owns 987 shares of the company's stock valued at $30,000 after buying an additional 954 shares in the last quarter. Larson Financial Group LLC lifted its stake in Super Micro Computer by 902.0% in the fourth quarter. Larson Financial Group LLC now owns 992 shares of the company's stock valued at $30,000 after buying an additional 893 shares in the last quarter. Toth Financial Advisory Corp bought a new position in Super Micro Computer in the fourth quarter valued at approximately $31,000. AlphaQuest LLC lifted its stake in Super Micro Computer by 233.0% in the fourth quarter. AlphaQuest LLC now owns 1,089 shares of the company's stock valued at $33,000 after buying an additional 762 shares in the last quarter. Finally, Quarry LP bought a new position in Super Micro Computer in the fourth quarter valued at approximately $34,000. Institutional investors own 84.06% of the company's stock.

Super Micro Computer Price Performance

Shares of SMCI opened at $41.65 on Thursday. The company has a market cap of $24.86 billion, a price-to-earnings ratio of 20.91 and a beta of 1.36. Super Micro Computer, Inc. has a 1-year low of $17.25 and a 1-year high of $101.40. The company's fifty day simple moving average is $35.79 and its 200 day simple moving average is $35.33. 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 released its quarterly earnings data on Tuesday, May 6th. The company reported $0.31 EPS for the quarter, beating 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 firm had revenue of $4.60 billion for the quarter, compared to the consensus estimate of $5.40 billion. During the same period in the previous year, the company earned $0.66 earnings per share. The company's quarterly revenue was up 19.5% on a year-over-year basis. On average, research analysts forecast 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 related news, SVP George Kao sold 71,720 shares of the company's stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $50.48, for a total value of $3,620,425.60. Following the transaction, the senior vice president now directly owns 19,449 shares in the company, valued at approximately $981,785.52. This represents a 78.67% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Charles Liang sold 46,293 shares of the company's 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 owns 67,403,640 shares in the company, valued at $3,381,640,618.80. This trade represents a 0.07% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 137,473 shares of company stock worth $6,771,552 over the last ninety days. Insiders own 17.60% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the stock. Wedbush reissued a "neutral" rating and issued a $30.00 price objective (down previously from $40.00) on shares of Super Micro Computer in a research report on Wednesday, May 7th. Needham & Company LLC reissued a "buy" rating and issued a $39.00 price objective on shares of Super Micro Computer in a research report on Wednesday, May 7th. Citigroup assumed coverage on shares of Super Micro Computer in a research report on Tuesday, May 6th. They issued a "neutral" rating and a $39.00 price objective on the stock. KGI Securities assumed coverage on shares of Super Micro Computer in a research report on Wednesday, May 7th. They issued a "neutral" rating on the stock. Finally, Raymond James assumed coverage on shares of Super Micro Computer in a research report on Tuesday, May 13th. They issued 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 given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus 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.

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