Robeco Institutional Asset Management B.V. Purchases Shares of 157,938 Super Micro Computer, Inc. (NASDAQ:SMCI)

Robeco Institutional Asset Management B.V. bought a new position in Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 157,938 shares of the company's stock, valued at approximately $5,408,000.

A number of other large investors have also recently made changes to their positions in SMCI. Sequoia Financial Advisors LLC grew its stake in Super Micro Computer by 43.2% in the 1st quarter. Sequoia Financial Advisors LLC now owns 19,243 shares of the company's stock worth $659,000 after acquiring an additional 5,804 shares in the last quarter. HBK Sorce Advisory LLC boosted its holdings in shares of Super Micro Computer by 34.7% in the 1st quarter. HBK Sorce Advisory LLC now owns 14,133 shares of the company's stock valued at $484,000 after acquiring an additional 3,638 shares during the last quarter. Golden State Wealth Management LLC raised its position in Super Micro Computer by 226.0% during the first quarter. Golden State Wealth Management LLC now owns 3,619 shares of the company's stock valued at $124,000 after acquiring an additional 2,509 shares in the last quarter. Bessemer Group Inc. boosted its stake in shares of Super Micro Computer by 144.9% during the 1st quarter. Bessemer Group Inc. now owns 5,186 shares of the company's stock worth $177,000 after acquiring an additional 3,068 shares in the last quarter. Finally, Independent Solutions Wealth Management LLC increased its holdings in Super Micro Computer by 11.9% in the 1st quarter. Independent Solutions Wealth Management LLC now owns 9,437 shares of the company's stock worth $323,000 after acquiring an additional 1,000 shares in the last quarter. 84.06% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

SMCI has been the topic of several analyst reports. Barclays reiterated an "equal weight" rating and set a $34.00 price target on shares of Super Micro Computer in a report on Tuesday, May 6th. Northland Securities set a $59.00 price target on Super Micro Computer in a report on Wednesday, May 7th. Needham & Company LLC reissued a "buy" rating and set a $39.00 price objective on shares of Super Micro Computer in a research report on Wednesday, May 7th. 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 note on Wednesday, May 7th. Finally, Citigroup started coverage on Super Micro Computer in a report on Tuesday, May 6th. They issued a "neutral" rating and a $39.00 target price on the stock. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $46.06.

Super Micro Computer Stock Performance

SMCI stock traded down $0.24 during midday trading on Friday, reaching $48.51. 18,665,575 shares of the company were exchanged, compared to its average volume of 69,245,496. The firm has a market capitalization of $28.95 billion, a price-to-earnings ratio of 25.52 and a beta of 1.43. The business has a 50-day moving average price of $41.18 and a two-hundred day moving average price of $37.88. Super Micro Computer, Inc. has a one year low of $17.25 and a one year high of $96.33. The company has a debt-to-equity ratio of 0.38, a current ratio of 6.66 and a quick ratio of 3.95.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) last issued its quarterly earnings data on Tuesday, May 6th. The company reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $0.01. The firm had revenue of $4.60 billion during the quarter, compared to the consensus estimate of $5.40 billion. Super Micro Computer had a net margin of 5.61% and a return on equity of 20.41%. The business's revenue for the quarter was up 19.5% compared to the same quarter last year. During the same period last year, the business posted $0.66 earnings per share. Equities research analysts forecast that Super Micro Computer, Inc. will post 1.86 EPS for the current year.

Insiders Place Their Bets

In related news, CEO Charles Liang sold 300,000 shares of the firm's stock in a transaction on Wednesday, June 18th. The stock was sold at an average price of $45.00, for a total transaction of $13,500,000.00. Following the sale, the chief executive officer owned 66,903,640 shares of the company's stock, valued at $3,010,663,800. This trade represents a 0.45% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Liang Chiu-Chu Sara Liu sold 300,000 shares of Super Micro Computer stock in a transaction on Wednesday, June 18th. The stock was sold at an average price of $45.00, for a total transaction of $13,500,000.00. Following the transaction, the director owned 66,903,640 shares in the company, valued at approximately $3,010,663,800. This trade represents a 0.45% decrease in their position. The disclosure for this sale can be found here. Insiders sold 667,000 shares of company stock worth $29,949,340 in the last quarter. 17.60% of the stock is currently owned by corporate insiders.

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.