Universal Beteiligungs und Servicegesellschaft mbH Grows Stake in Super Micro Computer, Inc. (NASDAQ:SMCI)

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH increased its stake in Super Micro Computer by 3.3%, owning a total of 297,824 shares valued at approximately $10.2 million.
• Other institutional investors like Geode Capital Management and Invesco Ltd. significantly boosted their holdings in Super Micro Computer, reflecting growing institutional interest in the company.
• Super Micro Computer's stock currently has a consensus rating of "Hold" with a target price range reflecting positive analyst sentiment, despite some analysts advising a "sell" rating.

Universal Beteiligungs und Servicegesellschaft mbH lifted its holdings in shares of Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) by 3.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 297,824 shares of the company's stock after buying an additional 9,599 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH's holdings in Super Micro Computer were worth $10,197,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Geode Capital Management LLC lifted its stake in Super Micro Computer by 914.7% in the 4th 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 last quarter. FMR LLC acquired a new stake in Super Micro Computer in the 4th quarter valued at about $292,869,000. Invesco Ltd. lifted its stake in 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. Northern Trust Corp lifted its stake in Super Micro Computer by 1,573.8% in the 4th quarter. Northern Trust Corp now owns 4,897,876 shares of the company's stock valued at $149,287,000 after purchasing an additional 4,605,260 shares during the last quarter. Finally, Marshall Wace LLP lifted its stake in Super Micro Computer by 416,945.0% in the 4th quarter. Marshall Wace LLP now owns 3,753,405 shares of the company's stock valued at $114,404,000 after purchasing an additional 3,752,505 shares during the last quarter. 84.06% of the stock is currently owned by institutional investors and hedge funds.

Super Micro Computer Stock Up 3.7%

SMCI traded up $1.95 during midday trading on Friday, hitting $54.47. The company had a trading volume of 34,065,757 shares, compared to its average volume of 33,038,150. Super Micro Computer, Inc. has a 52 week low of $17.25 and a 52 week high of $73.00. The company has a quick ratio of 3.95, a current ratio of 6.66 and a debt-to-equity ratio of 0.38. The company has a market capitalization of $32.51 billion, a price-to-earnings ratio of 28.36, a PEG ratio of 2.65 and a beta of 1.43. The stock's 50 day moving average price is $45.94 and its 200 day moving average price is $39.96.

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

Wall Street Analyst Weigh In

SMCI has been the topic of several research analyst reports. JPMorgan Chase & Co. increased their price target on shares of Super Micro Computer from $35.00 to $46.00 and gave the company a "neutral" rating in a report on Thursday, July 17th. Barclays reissued an "equal weight" rating and issued a $34.00 price target on shares of Super Micro Computer in a report on Tuesday, May 6th. Northland Securities set a $59.00 target price on shares of Super Micro Computer in a report on Wednesday, May 7th. Wall Street Zen raised shares of Super Micro Computer to a "sell" rating in a report on Thursday, May 8th. Finally, Wedbush reaffirmed a "buy" rating on shares of Super Micro Computer in a report on Wednesday, June 25th. Three equities research analysts have rated the stock with a sell rating, seven have given a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $42.89.

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 dated Tuesday, May 20th. The shares were sold at an average price of $44.02, for a total transaction of $2,949,340.00. Following the completion of the sale, the chief financial officer directly owned 88,599 shares of the company's stock, valued at $3,900,127.98. The trade was a 43.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Charles Liang sold 300,000 shares of the business'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 sale, the chief executive officer directly owned 66,903,640 shares of the company's stock, valued at approximately $3,010,663,800. The trade was a 0.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 667,000 shares of company stock valued at $29,949,340 over the last three months. Corporate insiders own 17.60% of the company's stock.

About Super Micro Computer

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.