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5,700 Shares in Super Micro Computer, Inc. (NASDAQ:SMCI) Bought by Raiffeisen Bank International AG

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Raiffeisen Bank International AG acquired a new position in shares of Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 5,700 shares of the company's stock, valued at approximately $175,000.

Several other large investors also recently added to or reduced their stakes in SMCI. Vanguard Group Inc. lifted its holdings in Super Micro Computer by 908.4% in the fourth quarter. Vanguard Group Inc. now owns 61,992,493 shares of the company's stock valued at $1,889,531,000 after acquiring an additional 55,845,073 shares during the last quarter. Geode Capital Management LLC raised its position in Super Micro Computer by 914.7% in the fourth quarter. Geode Capital Management LLC now owns 12,846,717 shares of the company's stock valued at $390,572,000 after purchasing an additional 11,580,677 shares during the period. FMR LLC acquired a new position in shares of Super Micro Computer in the 4th quarter valued at $292,869,000. Invesco Ltd. lifted 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 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% during 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 period. 84.06% of the stock is currently owned by hedge funds and other institutional investors.

Super Micro Computer Stock Down 2.6%

Shares of SMCI traded down $1.12 during midday trading on Wednesday, hitting $41.65. The company had a trading volume of 54,643,355 shares, compared to its average volume of 72,484,159. The company's 50-day simple moving average is $35.80 and its 200-day simple moving average is $35.28. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.93 and a current ratio of 3.77. Super Micro Computer, Inc. has a 1 year low of $17.25 and a 1 year high of $101.40. The firm 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 posted its quarterly earnings results on Tuesday, May 6th. The company reported $0.31 EPS for the quarter, topping 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 company had revenue of $4.60 billion during the quarter, compared to analysts' expectations of $5.40 billion. During the same quarter in the previous year, the business posted $0.66 EPS. The firm's revenue was up 19.5% on a year-over-year basis. As a group, sell-side analysts expect that Super Micro Computer, Inc. will post 1.86 EPS for the current year.

Insider Buying and Selling at Super Micro Computer

In other news, SVP George Kao sold 71,720 shares of Super Micro Computer stock in a transaction dated 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 in the company, valued at approximately $981,785.52. The trade was a 78.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Robert L. Blair sold 19,460 shares of the firm's stock in a transaction that occurred on 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. Insiders have sold a total of 137,473 shares of company stock worth $6,771,552 over the last ninety days. Corporate insiders own 17.60% of the company's stock.

Analyst Ratings Changes

A number of research analysts have commented on the stock. Loop Capital reaffirmed a "buy" rating on shares of Super Micro Computer in a research report on Tuesday, February 18th. Raymond James assumed coverage on shares of Super Micro Computer in a research note on Tuesday, May 13th. They issued an "outperform" rating and a $41.00 price target on the stock. Northland Securities set a $59.00 price objective on shares of Super Micro Computer in a research report on Wednesday, May 7th. Barclays reiterated an "equal weight" rating and issued a $34.00 target price on shares of Super Micro Computer in a report on Tuesday, May 6th. Finally, StockNews.com 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 assigned a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $45.63.

Check Out Our Latest Research Report on SMCI

About Super Micro Computer

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Super Micro Computer (NASDAQ:SMCI)

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