Vident Advisory LLC Has $4.42 Million Stock Holdings in Super Micro Computer, Inc. (NASDAQ:SMCI)

Vident Advisory LLC increased its position in shares of Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) by 3,363.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 145,143 shares of the company's stock after acquiring an additional 140,952 shares during the period. Vident Advisory LLC's holdings in Super Micro Computer were worth $4,424,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the company. Wahed Invest LLC boosted its position in shares of Super Micro Computer by 2.9% during the 4th quarter. Wahed Invest LLC now owns 12,362 shares of the company's stock worth $377,000 after acquiring an additional 352 shares in the last quarter. Shelton Capital Management boosted its position in shares of Super Micro Computer by 6.5% during the 4th quarter. Shelton Capital Management now owns 7,880 shares of the company's stock worth $240,000 after acquiring an additional 480 shares in the last quarter. AlphaQuest LLC lifted its stake in Super Micro Computer by 233.0% in the 4th quarter. AlphaQuest LLC now owns 1,089 shares of the company's stock valued at $33,000 after purchasing an additional 762 shares during the last quarter. Blue Trust Inc. lifted its stake in Super Micro Computer by 203.2% in the 4th quarter. Blue Trust Inc. now owns 1,231 shares of the company's stock valued at $38,000 after purchasing an additional 825 shares during the last quarter. Finally, Montag A & Associates Inc. lifted its stake in 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 purchasing an additional 865 shares during the last quarter. Institutional investors and hedge funds own 84.06% of the company's stock.

Insider Activity at Super Micro Computer

In other Super Micro Computer news, SVP George Kao sold 71,720 shares of Super Micro Computer stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $50.48, for a total value of $3,620,425.60. Following the sale, the senior vice president now owns 19,449 shares of the company's stock, valued at approximately $981,785.52. The trade was a 78.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Robert L. Blair sold 19,460 shares of Super Micro Computer stock in a transaction dated 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. Insiders have sold 137,473 shares of company stock valued at $6,771,552 over the last ninety days. Corporate insiders own 17.60% of the company's stock.

Super Micro Computer Trading Down 4.5%

NASDAQ:SMCI opened at $42.77 on Wednesday. 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 stock has a market capitalization of $25.53 billion, a price-to-earnings ratio of 21.47 and a beta of 1.36. The firm has a fifty day simple moving average of $35.80 and a two-hundred day simple moving average of $35.28. Super Micro Computer, Inc. has a 12 month low of $17.25 and a 12 month high of $101.40.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) last posted its quarterly earnings results on Tuesday, May 6th. The company reported $0.31 EPS for the quarter, topping analysts' consensus estimates of $0.30 by $0.01. The business had revenue of $4.60 billion during the quarter, compared to analysts' expectations of $5.40 billion. Super Micro Computer had a net margin of 8.09% and a return on equity of 30.57%. The business's quarterly revenue was up 19.5% on a year-over-year basis. During the same period last year, the company posted $0.66 earnings per share. Analysts expect that Super Micro Computer, Inc. will post 1.86 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages recently commented on SMCI. Needham & Company LLC reissued a "buy" rating and issued a $39.00 price objective on shares of Super Micro Computer in a research note on Wednesday, May 7th. Barclays reissued an "equal weight" rating and issued a $34.00 price objective on shares of Super Micro Computer in a research note on Tuesday, May 6th. StockNews.com raised shares of Super Micro Computer to a "sell" rating in a research note on Thursday, May 8th. Loop Capital reissued a "buy" rating on shares of Super Micro Computer in a research note on Tuesday, February 18th. Finally, Wedbush reaffirmed a "neutral" rating and set a $30.00 price target (down previously from $40.00) on shares of Super Micro Computer in a research note on Wednesday, May 7th. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $45.63.

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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