Disciplined Growth Investors Inc. MN Has $434.50 Million Position in Super Micro Computer, Inc. (NASDAQ:SMCI)

Disciplined Growth Investors Inc. MN boosted its holdings in Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) by 3.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,043,469 shares of the company's stock after buying an additional 31,064 shares during the period. Super Micro Computer makes up about 8.2% of Disciplined Growth Investors Inc. MN's investment portfolio, making the stock its largest position. Disciplined Growth Investors Inc. MN owned about 0.19% of Super Micro Computer worth $434,500,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the business. Farmers & Merchants Investments Inc. increased its stake in Super Micro Computer by 400.0% during the second quarter. Farmers & Merchants Investments Inc. now owns 30 shares of the company's stock valued at $25,000 after acquiring an additional 24 shares during the period. Moser Wealth Advisors LLC acquired a new stake in Super Micro Computer during the second quarter worth $25,000. Hazlett Burt & Watson Inc. raised its stake in shares of Super Micro Computer by 141.2% in the 2nd quarter. Hazlett Burt & Watson Inc. now owns 41 shares of the company's stock valued at $34,000 after buying an additional 24 shares in the last quarter. AlphaCentric Advisors LLC acquired a new stake in shares of Super Micro Computer during the 2nd quarter valued at about $42,000. Finally, First PREMIER Bank increased its stake in Super Micro Computer by 126.1% in the second quarter. First PREMIER Bank now owns 52 shares of the company's stock valued at $43,000 after acquiring an additional 29 shares during the period. 84.06% of the stock is owned by institutional investors.

Super Micro Computer Trading Down 6.3 %

Super Micro Computer stock traded down $2.78 during mid-day trading on Tuesday, hitting $41.38. The stock had a trading volume of 69,626,461 shares, compared to its average volume of 84,070,383. The company has a current ratio of 3.77, a quick ratio of 1.93 and a debt-to-equity ratio of 0.32. Super Micro Computer, Inc. has a 12 month low of $17.25 and a 12 month high of $122.90. The stock has a market capitalization of $23.15 billion, a PE ratio of 20.22 and a beta of 1.29. The stock has a 50-day simple moving average of $37.03 and a two-hundred day simple moving average of $57.03.

Analyst Ratings Changes

A number of brokerages have recently issued reports on SMCI. Wedbush reissued a "neutral" rating and issued a $32.00 target price (down from $62.00) on shares of Super Micro Computer in a report on Monday, November 4th. Loop Capital dropped their price objective on Super Micro Computer from $150.00 to $100.00 and set a "buy" rating for the company in a research note on Monday, September 23rd. Needham & Company LLC assumed coverage on shares of Super Micro Computer in a research note on Wednesday, September 18th. They issued a "buy" rating and a $60.00 target price on the stock. The Goldman Sachs Group reduced their price target on shares of Super Micro Computer from $67.50 to $28.00 and set a "neutral" rating on the stock in a research report on Wednesday, November 6th. Finally, JPMorgan Chase & Co. cut shares of Super Micro Computer from a "neutral" rating to an "underweight" rating and cut their target price for the company from $50.00 to $23.00 in a research note on Wednesday, November 6th. Three analysts have rated the stock with a sell rating, eleven have given a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $66.89.

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.