Qsemble Capital Management LP Makes New $482,000 Investment in Super Micro Computer, Inc. (NASDAQ:SMCI)

Qsemble Capital Management LP purchased a new position in shares of Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,694 shares of the company's stock, valued at approximately $482,000.

A number of other large investors have also recently added to or reduced their stakes in SMCI. International Assets Investment Management LLC lifted its stake in Super Micro Computer by 56,764.2% in the 4th quarter. International Assets Investment Management LLC now owns 1,322,093 shares of the company's stock valued at $375,818,000 after purchasing an additional 1,319,768 shares during the last quarter. William Blair Investment Management LLC acquired a new position in shares of Super Micro Computer during the 3rd quarter worth approximately $140,751,000. FMR LLC raised its stake in Super Micro Computer by 161.2% in the 3rd quarter. FMR LLC now owns 479,338 shares of the company's stock valued at $131,444,000 after acquiring an additional 295,835 shares during the period. Caisse DE Depot ET Placement DU Quebec acquired a new stake in Super Micro Computer during the 3rd quarter valued at $55,943,000. Finally, Ameriprise Financial Inc. boosted its position in Super Micro Computer by 89.1% during the third quarter. Ameriprise Financial Inc. now owns 350,921 shares of the company's stock worth $96,234,000 after purchasing an additional 165,353 shares during the period. Institutional investors and hedge funds own 84.06% of the company's stock.

Super Micro Computer Price Performance

Shares of SMCI stock traded down $15.74 on Monday, reaching $782.76. The company's stock had a trading volume of 2,797,252 shares, compared to its average volume of 9,271,818. The company has a market capitalization of $43.78 billion, a P/E ratio of 43.88, a PEG ratio of 0.72 and a beta of 1.34. Super Micro Computer, Inc. has a 12-month low of $135.55 and a 12-month high of $1,229.00. The stock's 50 day simple moving average is $935.61 and its 200-day simple moving average is $610.13. The company has a quick ratio of 2.29, a current ratio of 4.69 and a debt-to-equity ratio of 0.35.

Insiders Place Their Bets

In other news, Director Liang Chiu-Chu Sara Liu sold 525 shares of Super Micro Computer stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $869.62, for a total transaction of $456,550.50. Following the completion of the sale, the director now owns 3,459 shares in the company, valued at approximately $3,008,015.58. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, Director Liang Chiu-Chu Sara Liu sold 525 shares of Super Micro Computer stock in a transaction on Monday, April 29th. The shares were sold at an average price of $869.62, for a total transaction of $456,550.50. Following the completion of the sale, the director now directly owns 3,459 shares of the company's stock, 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 hyperlink. Also, SVP Don W. Clegg sold 28,727 shares of the stock in a transaction on Wednesday, February 14th. The shares were sold at an average price of $874.57, for a total value of $25,123,772.39. Following the completion of the transaction, the senior vice president now directly owns 2,110 shares in the company, valued at approximately $1,845,342.70. The disclosure for this sale can be found here. Insiders have sold 34,252 shares of company stock worth $29,950,223 in the last ninety days. 17.60% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

SMCI has been the subject of a number of research analyst reports. JPMorgan Chase & Co. began coverage on Super Micro Computer in a report on Monday, March 25th. They set an "overweight" rating and a $1,150.00 price objective for the company. StockNews.com lowered Super Micro Computer from a "hold" rating to a "sell" rating in a report on Thursday. The Goldman Sachs Group dropped their target price on Super Micro Computer from $937.00 to $800.00 and set a "neutral" rating for the company in a report on Wednesday, May 1st. Loop Capital upped their price target on shares of Super Micro Computer from $600.00 to $1,500.00 and gave the company a "buy" rating in a research note on Tuesday, April 16th. Finally, Barclays upped their price objective on Super Micro Computer from $691.00 to $961.00 and gave the company an "overweight" rating in a research note on Tuesday, February 13th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and nine have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $954.38.

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.