35,115 Shares in Super Micro Computer, Inc. (NASDAQ:SMCI) Acquired by Mercer Global Advisors Inc. ADV

Mercer Global Advisors Inc. ADV purchased a new stake in shares of Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 35,115 shares of the company's stock, valued at approximately $1,070,000.

Other large investors have also added to or reduced their stakes in the company. Clear Creek Financial Management LLC purchased a new position in shares of Super Micro Computer during the 4th quarter valued at about $635,000. Nepsis Inc. acquired a new stake in Super Micro Computer during the fourth quarter worth about $13,625,000. Fifth Third Bancorp raised its position in Super Micro Computer by 1,476.6% during the fourth quarter. Fifth Third Bancorp now owns 12,266 shares of the company's stock valued at $374,000 after acquiring an additional 11,488 shares in the last quarter. Oak Thistle LLC acquired a new position in Super Micro Computer in the fourth quarter valued at approximately $277,000. Finally, Diversify Advisory Services LLC purchased a new stake in Super Micro Computer in the 4th quarter worth approximately $5,113,000. Hedge funds and other institutional investors own 84.06% of the company's stock.

Super Micro Computer Trading Up 12.9%

Shares of SMCI traded up $4.31 during trading on Tuesday, reaching $37.83. 48,964,626 shares of the company traded hands, compared to its average volume of 71,719,817. The stock has a 50-day simple moving average of $35.26 and a 200-day simple moving average of $35.00. The stock has a market cap of $22.58 billion, a PE ratio of 18.99 and a beta of 1.36. Super Micro Computer, Inc. has a twelve month low of $17.25 and a twelve month high of $101.40. 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 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.01. Super Micro Computer had a net margin of 8.09% and a return on equity of 30.57%. The firm had revenue of $4.60 billion during the quarter, compared to the consensus estimate of $5.40 billion. During the same quarter last year, the firm earned $0.66 EPS. The firm'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 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on SMCI. Needham & Company LLC reissued a "buy" rating and set a $39.00 price target on shares of Super Micro Computer in a report on Wednesday, May 7th. Raymond James initiated coverage on shares of Super Micro Computer in a research report on Tuesday. They issued an "outperform" rating and a $41.00 price objective for the company. Citigroup began coverage on Super Micro Computer in a research report on Tuesday, May 6th. They set a "neutral" rating and a $39.00 target price on the stock. Barclays reaffirmed an "equal weight" rating and issued a $34.00 price target on shares of Super Micro Computer in a report on Tuesday, May 6th. Finally, Loop Capital reissued a "buy" rating on shares of Super Micro Computer in a report on Tuesday, February 18th. Three research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Super Micro Computer has an average rating of "Hold" and a consensus target price of $45.25.

Insider Activity at Super Micro Computer

In other Super Micro Computer news, CEO Charles Liang sold 46,293 shares of the business's stock in a transaction on Wednesday, February 26th. The shares were 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. The trade was a 0.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, SVP George Kao sold 71,720 shares of the company's stock in a transaction on Wednesday, February 26th. The stock was 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 directly owns 19,449 shares in the company, valued at $981,785.52. This represents a 78.67% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 137,473 shares of company stock worth $6,771,552. Corporate insiders own 17.60% of the company's stock.

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.