Super Micro Computer, Inc. (NASDAQ:SMCI) Shares Acquired by Voya Investment Management LLC

Voya Investment Management LLC lifted its holdings in Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) by 843.7% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 303,029 shares of the company's stock after purchasing an additional 270,918 shares during the quarter. Voya Investment Management LLC owned 0.05% of Super Micro Computer worth $9,236,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Parkside Financial Bank & Trust raised its stake in Super Micro Computer by 2,890.9% in the 4th quarter. Parkside Financial Bank & Trust now owns 987 shares of the company's stock valued at $30,000 after acquiring an additional 954 shares during the period. Larson Financial Group LLC lifted its position in shares of Super Micro Computer by 902.0% during the 4th quarter. Larson Financial Group LLC now owns 992 shares of the company's stock valued at $30,000 after buying an additional 893 shares during the last quarter. Salem Investment Counselors Inc. purchased a new position in Super Micro Computer during the fourth quarter worth about $30,000. Trust Co. of Vermont lifted its stake in Super Micro Computer by 900.0% in the fourth quarter. Trust Co. of Vermont now owns 1,000 shares of the company's stock worth $30,000 after purchasing an additional 900 shares during the last quarter. Finally, Toth Financial Advisory Corp bought a new position in shares of Super Micro Computer during the fourth quarter valued at approximately $31,000. Institutional investors own 84.06% of the company's stock.

Insiders Place Their Bets

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 stock was sold at an average price of $50.48, for a total transaction of $3,620,425.60. Following the completion of the transaction, the senior vice president now owns 19,449 shares of the company's stock, valued at $981,785.52. The trade was a 78.67 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Charles Liang sold 46,293 shares of the company's stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $50.17, for a total transaction of $2,322,519.81. Following the transaction, the chief executive officer now directly owns 67,403,640 shares of the company's stock, valued at approximately $3,381,640,618.80. This trade represents a 0.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 137,473 shares of company stock valued at $6,771,552 over the last ninety days. 17.60% of the stock is currently owned by company insiders.

Super Micro Computer Price Performance

Super Micro Computer stock traded up $0.60 during mid-day trading on Friday, hitting $33.33. 26,954,680 shares of the company were exchanged, compared to its average volume of 71,691,418. Super Micro Computer, Inc. has a 1-year low of $17.25 and a 1-year high of $101.40. The company has a market capitalization of $19.89 billion, a PE ratio of 16.71 and a beta of 1.22. The company has a quick ratio of 1.93, a current ratio of 3.77 and a debt-to-equity ratio of 0.32. The business has a fifty day moving average of $36.58 and a 200 day moving average of $35.86.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on SMCI. Barclays reduced their target price on Super Micro Computer from $59.00 to $34.00 and set an "equal weight" rating on the stock in a report on Wednesday. The Goldman Sachs Group downgraded shares of Super Micro Computer from a "neutral" rating to a "sell" rating and lowered their target price for the stock from $40.00 to $32.00 in a research note on Monday, March 24th. Cfra upgraded Super Micro Computer from a "hold" rating to a "buy" rating and set a $48.00 price objective on the stock in a research report on Tuesday, February 11th. Citigroup assumed coverage on shares of Super Micro Computer in a research report on Friday, April 25th. They set a "neutral" rating and a $39.00 price target on the stock. Finally, JPMorgan Chase & Co. dropped their target price on shares of Super Micro Computer from $39.00 to $36.00 and set a "neutral" rating on the stock in a research report on Wednesday. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and an average target price of $48.73.

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.