U.S. Capital Wealth Advisors LLC Invests $1.62 Million in Super Micro Computer, Inc. (NASDAQ:SMCI)

U.S. Capital Wealth Advisors LLC acquired a new position in Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 5,696 shares of the company's stock, valued at approximately $1,619,000.

Other large investors also recently modified their holdings of the company. Allworth Financial LP purchased a new position in Super Micro Computer during the third quarter valued at $27,000. Optimum Investment Advisors purchased a new position in Super Micro Computer during the fourth quarter valued at $28,000. Livforsakringsbolaget Skandia Omsesidigt purchased a new position in Super Micro Computer during the fourth quarter valued at $30,000. Cypress Capital Management LLC WY purchased a new position in Super Micro Computer during the fourth quarter valued at $36,000. Finally, First Horizon Advisors Inc. purchased a new position in Super Micro Computer during the third quarter valued at $39,000. Institutional investors own 84.06% of the company's stock.

Insider Buying and Selling at Super Micro Computer

In other news, Director Liang Chiu-Chu Sara Liu sold 525 shares of Super Micro Computer stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $869.62, for a total value of $456,550.50. Following the completion of the transaction, the director now owns 3,459 shares in the company, valued at approximately $3,008,015.58. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, Director Liang Chiu-Chu Sara Liu sold 525 shares of the stock in a transaction on Monday, April 29th. The stock was sold at an average price of $869.62, for a total transaction of $456,550.50. Following the sale, the director now owns 3,459 shares in the company, valued at approximately $3,008,015.58. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Sherman Tuan sold 5,000 shares of the stock in a transaction on Thursday, February 29th. The shares were sold at an average price of $873.98, for a total value of $4,369,900.00. Following the sale, the director now owns 22,113 shares in the company, valued at approximately $19,326,319.74. The disclosure for this sale can be found here. Insiders have sold a total of 34,252 shares of company stock worth $29,950,223 over the last ninety days. Company insiders own 17.60% of the company's stock.


Analyst Ratings Changes

SMCI has been the topic of several analyst reports. Northland Securities lifted their target price on Super Micro Computer from $925.00 to $1,300.00 and gave the company an "outperform" rating in a research report on Monday, March 25th. Wedbush boosted their price target on Super Micro Computer from $530.00 to $800.00 and gave the stock a "neutral" rating in a report on Wednesday. JPMorgan Chase & Co. assumed coverage on Super Micro Computer in a research note on Monday, March 25th. They issued an "overweight" rating and a $1,150.00 price target for the company. StockNews.com upgraded shares of Super Micro Computer from a "sell" rating to a "hold" rating in a research report on Wednesday. Finally, Barclays upped their target price on shares of Super Micro Computer from $691.00 to $961.00 and gave the stock an "overweight" rating in a research report on Tuesday, February 13th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and nine have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Super Micro Computer presently has an average rating of "Moderate Buy" and a consensus price target of $954.38.

Get Our Latest Stock Report on SMCI

Super Micro Computer Trading Up 2.6 %

Shares of NASDAQ:SMCI traded up $20.18 during trading on Friday, reaching $782.70. The company's stock had a trading volume of 5,232,903 shares, compared to its average volume of 6,733,677. The stock has a market capitalization of $43.78 billion, a PE ratio of 43.87, a price-to-earnings-growth ratio of 0.68 and a beta of 1.34. Super Micro Computer, Inc. has a 12 month low of $131.06 and a 12 month high of $1,229.00. The company has a current ratio of 4.69, a quick ratio of 1.19 and a debt-to-equity ratio of 0.35. The firm's 50 day simple moving average is $946.34 and its two-hundred day simple moving average is $586.69.

About Super Micro Computer

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Super Micro Computer (NASDAQ:SMCI)

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