UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $85.83 Million Holdings in Super Micro Computer, Inc. (NASDAQ:SMCI)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) by 6,368.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,815,996 shares of the company's stock after acquiring an additional 2,772,464 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.48% of Super Micro Computer worth $85,832,000 at the end of the most recent quarter.

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

Insider Transactions at Super Micro Computer

In other news, CFO David E. Weigand sold 67,000 shares of the business's stock in a transaction on Tuesday, May 20th. The shares were sold at an average price of $44.02, for a total value of $2,949,340.00. Following the completion of the sale, the chief financial officer now directly owns 88,599 shares in the company, valued at approximately $3,900,127.98. The trade was a 43.06% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Robert L. Blair sold 19,460 shares of the company's stock in a transaction on Friday, February 28th. The stock was sold at an average price of $42.58, for a total transaction of $828,606.80. The disclosure for this sale can be found here. 17.60% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several research analysts recently commented on SMCI shares. Wall Street Zen upgraded Super Micro Computer to a "sell" rating in a research note on Thursday, May 8th. JPMorgan Chase & Co. lowered their price target on Super Micro Computer from $36.00 to $35.00 and set a "neutral" rating for the company in a report on Wednesday, May 7th. Cfra upgraded shares of Super Micro Computer from a "hold" rating to a "buy" rating and set a $48.00 price objective on the stock in a research note on Tuesday, February 11th. Wedbush reaffirmed a "neutral" rating and issued a $30.00 target price (down from $40.00) on shares of Super Micro Computer in a research report on Wednesday, May 7th. Finally, Rosenblatt Securities cut their target price on Super Micro Computer from $55.00 to $50.00 and set a "buy" rating on the stock in a research note on Wednesday, May 7th. Three research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average price target of $45.63.

Super Micro Computer Stock Up 0.3%

Shares of SMCI traded up $0.14 during trading hours on Wednesday, reaching $41.71. The company's stock had a trading volume of 16,894,894 shares, compared to its average volume of 71,797,581. The company has a 50 day moving average of $35.87 and a two-hundred day moving average of $35.83. 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 cap of $24.89 billion, a price-to-earnings ratio of 20.88 and a beta of 1.36. 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 (NASDAQ:SMCI - Get Free Report) last posted its 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. The company 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 8.09% and a return on equity of 30.57%. The company's revenue for the quarter was up 19.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.66 earnings per share. As a group, research analysts predict that Super Micro Computer, Inc. will post 1.86 EPS for the current fiscal year.

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.