Robeco Institutional Asset Management B.V. Invests $5.41 Million in Super Micro Computer, Inc. (NASDAQ:SMCI)

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

A number of other large investors have also recently added to or reduced their stakes in SMCI. Parkside Financial Bank & Trust increased its position in shares of Super Micro Computer by 2,890.9% in the 4th quarter. Parkside Financial Bank & Trust now owns 987 shares of the company's stock worth $30,000 after purchasing an additional 954 shares during the last quarter. Larson Financial Group LLC grew 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 worth $30,000 after purchasing an additional 893 shares in the last quarter. AlphaQuest LLC increased its holdings 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 during the last quarter. Bernard Wealth Management Corp. acquired a new stake in Super Micro Computer during the fourth quarter valued at approximately $33,000. Finally, Lindbrook Capital LLC raised its stake in Super Micro Computer by 763.6% during the fourth quarter. Lindbrook Capital LLC now owns 1,114 shares of the company's stock valued at $34,000 after buying an additional 985 shares in the last quarter. 84.06% of the stock is currently owned by institutional investors.

Super Micro Computer Price Performance

NASDAQ SMCI opened at $49.01 on Tuesday. The company has a 50-day moving average price of $40.28 and a two-hundred day moving average price of $37.64. Super Micro Computer, Inc. has a 52 week low of $17.25 and a 52 week high of $96.33. The stock has a market cap of $29.25 billion, a price-to-earnings ratio of 25.78 and a beta of 1.40. The company has a current ratio of 6.66, a quick ratio of 3.95 and a debt-to-equity ratio of 0.38.

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 analysts' consensus estimates of $0.30 by $0.01. Super Micro Computer had a return on equity of 20.41% and a net margin of 5.61%. The business had revenue of $4.60 billion during the quarter, compared to analyst estimates of $5.40 billion. During the same period in the prior year, the company posted $0.66 EPS. The business's revenue for the quarter was up 19.5% compared to the same quarter last year. Analysts forecast that Super Micro Computer, Inc. will post 1.86 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. The Goldman Sachs Group lowered Super Micro Computer from a "neutral" rating to a "sell" rating and decreased their target price for the stock from $40.00 to $32.00 in a research report on Monday, March 24th. Wall Street Zen raised shares of Super Micro Computer to a "sell" rating in a report on Thursday, May 8th. Barclays reiterated an "equal weight" rating and set a $34.00 target price on shares of Super Micro Computer in a research note on Tuesday, May 6th. Northland Securities set a $59.00 price target on shares of Super Micro Computer in a research report on Wednesday, May 7th. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $39.00 price objective on shares of Super Micro Computer in a research report on Wednesday, May 7th. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, Super Micro Computer currently has an average rating of "Hold" and an average price target of $45.63.

Insiders Place Their Bets

In other 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 transaction, the chief executive officer directly owned 66,903,640 shares of the company's stock, valued at approximately $3,010,663,800. This trade represents a 0.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Liang Chiu-Chu Sara Liu sold 300,000 shares of the company's stock in a transaction dated 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 completion of the sale, the director directly owned 66,903,640 shares of the company's stock, valued at $3,010,663,800. The trade was a 0.45% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 667,000 shares of company stock worth $29,949,340. 17.60% of the stock is owned by company insiders.

Super Micro Computer 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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