Universal Beteiligungs und Servicegesellschaft mbH Invests $8.79 Million in Super Micro Computer, Inc. (NASDAQ:SMCI)

Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 288,225 shares of the company's stock, valued at approximately $8,785,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Parkside Financial Bank & Trust lifted its position in shares of Super Micro Computer by 2,890.9% in the fourth quarter. Parkside Financial Bank & Trust now owns 987 shares of the company's stock valued at $30,000 after acquiring an additional 954 shares in the last quarter. Larson Financial Group LLC lifted its position in shares of Super Micro Computer by 902.0% in the fourth quarter. Larson Financial Group LLC now owns 992 shares of the company's stock valued at $30,000 after acquiring an additional 893 shares in the last quarter. AlphaQuest LLC lifted its position in shares of 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 acquiring an additional 762 shares in the last quarter. Bernard Wealth Management Corp. purchased a new position in shares of Super Micro Computer in the fourth quarter valued at approximately $33,000. Finally, Golden State Wealth Management LLC purchased a new position in shares of Super Micro Computer in the fourth quarter valued at approximately $34,000. Hedge funds and other institutional investors own 84.06% of the company's stock.

Wall Street Analyst Weigh In

SMCI has been the topic of a number of analyst reports. The Goldman Sachs Group downgraded Super Micro Computer from a "neutral" rating to a "sell" rating and reduced their price objective for the stock from $40.00 to $32.00 in a research report on Monday, March 24th. Mizuho set a $40.00 price objective on Super Micro Computer and gave the stock a "neutral" rating in a research report on Monday, May 19th. Citigroup initiated coverage on Super Micro Computer in a research report on Tuesday, May 6th. They set a "neutral" rating and a $39.00 price objective on the stock. Rosenblatt Securities reduced their price objective on Super Micro Computer from $55.00 to $50.00 and set a "buy" rating on the stock in a research report on Wednesday, May 7th. Finally, JPMorgan Chase & Co. reduced their price objective on Super Micro Computer from $36.00 to $35.00 and set a "neutral" rating on the stock in a research report on Wednesday, May 7th. Three research analysts have rated the stock with a sell rating, eleven have issued a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $45.63.

Insider Transactions at Super Micro Computer

In other news, CFO David E. Weigand sold 67,000 shares of the company's stock in a transaction dated Tuesday, May 20th. The stock was sold at an average price of $44.02, for a total transaction of $2,949,340.00. Following the completion of the transaction, the chief financial officer now directly owns 88,599 shares of the company's stock, valued at approximately $3,900,127.98. This represents a 43.06% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 17.60% of the company's stock.

Super Micro Computer Stock Down 3.5%

SMCI traded down $1.42 on Friday, hitting $39.73. 34,776,375 shares of the company were exchanged, compared to its average volume of 71,809,714. Super Micro Computer, Inc. has a twelve month low of $17.25 and a twelve month high of $101.40. The company has a market cap of $23.71 billion, a price-to-earnings ratio of 19.94 and a beta of 1.36. The company has a current ratio of 3.77, a quick ratio of 1.93 and a debt-to-equity ratio of 0.32. The firm has a 50-day moving average price of $35.84 and a two-hundred day moving average price of $36.23.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) last released 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 firm had revenue of $4.60 billion during the quarter, compared to analysts' expectations of $5.40 billion. Super Micro Computer had a return on equity of 30.57% and a net margin of 8.09%. Super Micro Computer's revenue for the quarter was up 19.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.66 EPS. On average, equities analysts predict that Super Micro Computer, Inc. will post 1.86 earnings per share for the current 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.