150,000 Shares in Super Micro Computer, Inc. (NASDAQ:SMCI) Purchased by Union Square Park Capital Management LLC

Union Square Park Capital Management LLC acquired a new position in shares of Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 150,000 shares of the company's stock, valued at approximately $4,572,000. Super Micro Computer makes up 2.9% of Union Square Park Capital Management LLC's holdings, making the stock its 10th biggest holding.

Several other large investors have also recently bought and sold shares of SMCI. Brookstone Capital Management lifted its holdings in Super Micro Computer by 930.2% during the 4th quarter. Brookstone Capital Management now owns 6,995 shares of the company's stock worth $213,000 after buying an additional 6,316 shares in the last quarter. Assenagon Asset Management S.A. acquired a new position in shares of Super Micro Computer in the 4th quarter valued at $2,542,000. Trust Co. of Vermont lifted its stake in shares of Super Micro Computer by 900.0% in the 4th quarter. Trust Co. of Vermont now owns 1,000 shares of the company's stock valued at $30,000 after purchasing an additional 900 shares during the period. Annex Advisory Services LLC acquired a new position in shares of Super Micro Computer in the 4th quarter valued at $6,708,000. Finally, Diversify Advisory Services LLC acquired a new position in shares of Super Micro Computer in the 4th quarter valued at $5,113,000. Institutional investors and hedge funds own 84.06% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Loop Capital reissued a "buy" rating on shares of Super Micro Computer in a research note on Tuesday, February 18th. Mizuho increased their price target on Super Micro Computer from $32.00 to $40.00 and gave the company a "neutral" rating in a research note on Monday. Rosenblatt Securities cut their price target 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. The Goldman Sachs Group downgraded Super Micro Computer from a "neutral" rating to a "sell" rating and dropped their price objective for the stock from $40.00 to $32.00 in a research note on Monday, March 24th. Finally, Wedbush reaffirmed a "neutral" rating and set a $30.00 price objective (down previously from $40.00) on shares of Super Micro Computer in a research note on Wednesday, May 7th. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $45.63.

Super Micro Computer Stock Down 0.8%

Shares of SMCI traded down $0.33 during midday trading on Thursday, hitting $41.32. The stock had a trading volume of 30,379,184 shares, compared to its average volume of 72,434,159. The company has a 50 day simple moving average of $35.79 and a two-hundred day simple moving average of $35.33. Super Micro Computer, Inc. has a twelve month low of $17.25 and a twelve month high of $101.40. The firm has a market cap of $24.66 billion, a price-to-earnings ratio of 20.74 and a beta of 1.36. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.77 and a quick ratio of 1.93.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) last released its quarterly 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. Super Micro Computer had a return on equity of 30.57% and a net margin of 8.09%. The firm had revenue of $4.60 billion for the quarter, compared to the consensus estimate of $5.40 billion. During the same quarter last year, the business posted $0.66 EPS. The company's revenue for the quarter was up 19.5% on a year-over-year basis. On average, analysts anticipate 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, CEO Charles Liang sold 46,293 shares of the firm's stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $50.17, for a total value of $2,322,519.81. Following the completion of the transaction, the chief executive officer now owns 67,403,640 shares in the company, valued at $3,381,640,618.80. This trade represents a 0.07% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Robert L. Blair sold 19,460 shares of the firm's stock in a transaction dated Friday, February 28th. The shares were 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 204,473 shares of company stock valued at $9,720,892 in the last 90 days. 17.60% of the stock is currently 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.