Super Micro Computer, Inc. (NASDAQ:SMCI) Shares Bought by Quantinno Capital Management LP

Quantinno Capital Management LP raised its stake in shares of Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) by 3,294.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,503 shares of the company's stock after purchasing an additional 19,899 shares during the period. Quantinno Capital Management LP's holdings in Super Micro Computer were worth $625,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently modified their holdings of the company. Wahed Invest LLC grew its position in Super Micro Computer by 2.9% in the 4th quarter. Wahed Invest LLC now owns 12,362 shares of the company's stock valued at $377,000 after acquiring an additional 352 shares during the last quarter. Shelton Capital Management grew its holdings in shares of Super Micro Computer by 6.5% in the fourth quarter. Shelton Capital Management now owns 7,880 shares of the company's stock worth $240,000 after purchasing an additional 480 shares during the last quarter. AlphaQuest LLC increased its stake in Super Micro Computer by 233.0% in the 4th quarter. AlphaQuest LLC now owns 1,089 shares of the company's stock worth $33,000 after buying an additional 762 shares during the period. Blue Trust Inc. increased its stake in Super Micro Computer by 203.2% in the 4th quarter. Blue Trust Inc. now owns 1,231 shares of the company's stock worth $38,000 after buying an additional 825 shares during the period. Finally, Montag A & Associates Inc. lifted its holdings in Super Micro Computer by 103.6% during the 4th quarter. Montag A & Associates Inc. now owns 1,700 shares of the company's stock valued at $52,000 after buying an additional 865 shares in the last quarter. Institutional investors own 84.06% of the company's stock.

Super Micro Computer Stock Up 0.2%

Shares of Super Micro Computer stock traded up $0.08 on Wednesday, reaching $41.65. The stock had a trading volume of 11,157,157 shares, compared to its average volume of 71,778,751. The company has a 50 day moving average price of $35.87 and a 200 day moving average price of $35.83. 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, Inc. has a 1 year low of $17.25 and a 1 year high of $101.40. The stock has a market capitalization of $24.86 billion, a P/E ratio of 20.91 and a beta of 1.36.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) last announced its earnings results on Tuesday, May 6th. The company reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.30 by $0.01. The company had revenue of $4.60 billion for the quarter, compared to analyst estimates of $5.40 billion. Super Micro Computer had a return on equity of 30.57% and a net margin of 8.09%. The firm's quarterly revenue was up 19.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.66 EPS. As a group, equities research analysts forecast that Super Micro Computer, Inc. will post 1.86 EPS for the current year.

Insider Activity

In other news, CFO David E. Weigand sold 67,000 shares of the firm's stock in a transaction dated 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 now directly owns 88,599 shares in the company, valued at $3,900,127.98. This trade represents a 43.06% decrease in their ownership of the stock. The sale was disclosed in a document filed 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 dated Friday, February 28th. The stock was 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. Corporate insiders own 17.60% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have commented on SMCI shares. Loop Capital restated a "buy" rating on shares of Super Micro Computer in a research note on Tuesday, February 18th. KGI Securities initiated coverage on Super Micro Computer in a research note on Wednesday, May 7th. They issued a "neutral" rating on the stock. Cfra raised Super Micro Computer from a "hold" rating to a "buy" rating and set a $48.00 target price for the company in a research report on Tuesday, February 11th. Raymond James began coverage on Super Micro Computer in a research report on Tuesday, May 13th. They set an "outperform" rating and a $41.00 price target on the stock. Finally, Wall Street Zen upgraded Super Micro Computer to a "sell" rating in a research note on Thursday, May 8th. Three equities 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 issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $45.63.

About Super Micro Computer

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.