ProShare Advisors LLC Buys 4,005 Shares of Super Micro Computer, Inc. (NASDAQ:SMCI)

ProShare Advisors LLC lifted its holdings in shares of Super Micro Computer, Inc. (NASDAQ:SMCIGet Rating) by 72.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,538 shares of the company’s stock after purchasing an additional 4,005 shares during the quarter. ProShare Advisors LLC’s holdings in Super Micro Computer were worth $419,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Pzena Investment Management LLC increased its holdings in shares of Super Micro Computer by 0.3% during the fourth quarter. Pzena Investment Management LLC now owns 1,408,690 shares of the company’s stock worth $61,912,000 after purchasing an additional 4,084 shares during the period. Dimensional Fund Advisors LP boosted its position in Super Micro Computer by 4.7% in the third quarter. Dimensional Fund Advisors LP now owns 1,394,792 shares of the company’s stock valued at $51,008,000 after buying an additional 62,988 shares in the last quarter. Wolf Hill Capital Management LP boosted its position in Super Micro Computer by 140.6% in the third quarter. Wolf Hill Capital Management LP now owns 750,803 shares of the company’s stock valued at $27,457,000 after buying an additional 438,802 shares in the last quarter. Emerald Mutual Fund Advisers Trust boosted its position in Super Micro Computer by 32.3% in the fourth quarter. Emerald Mutual Fund Advisers Trust now owns 697,565 shares of the company’s stock valued at $30,658,000 after buying an additional 170,400 shares in the last quarter. Finally, Emerald Advisers LLC boosted its position in Super Micro Computer by 34.8% in the fourth quarter. Emerald Advisers LLC now owns 684,529 shares of the company’s stock valued at $30,085,000 after buying an additional 176,675 shares in the last quarter. 69.00% of the stock is currently owned by institutional investors.

NASDAQ SMCI opened at $52.35 on Friday. The company’s 50 day moving average is $42.22 and its 200-day moving average is $42.05. Super Micro Computer, Inc. has a 12-month low of $32.88 and a 12-month high of $58.34. The company has a quick ratio of 0.73, a current ratio of 1.79 and a debt-to-equity ratio of 0.11. The firm has a market cap of $2.72 billion, a P/E ratio of 15.26 and a beta of 1.19.

Super Micro Computer (NASDAQ:SMCIGet Rating) last posted its earnings results on Tuesday, May 3rd. The company reported $1.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.12 by $0.43. The business had revenue of $1.36 billion for the quarter, compared to analysts’ expectations of $1.26 billion. Super Micro Computer had a net margin of 3.96% and a return on equity of 15.92%. The business’s revenue for the quarter was up 51.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.39 EPS. Equities analysts expect that Super Micro Computer, Inc. will post 4.04 EPS for the current year.

In related news, CEO Charles Liang sold 5,388 shares of the stock in a transaction on Tuesday, April 19th. The shares were sold at an average price of $42.00, for a total transaction of $226,296.00. Following the transaction, the chief executive officer now owns 45,305 shares of the company’s stock, valued at approximately $1,902,810. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 16.70% of the stock is currently owned by company insiders.

A number of equities analysts have recently commented on the stock. Northland Securities lifted their price target on shares of Super Micro Computer from $70.00 to $85.00 in a report on Wednesday, May 4th. Zacks Investment Research raised shares of Super Micro Computer from a “hold” rating to a “buy” rating and set a $50.00 price target for the company in a research note on Friday, April 22nd. Loop Capital lifted their price target on shares of Super Micro Computer from $60.00 to $100.00 in a research note on Wednesday, May 4th. Finally, StockNews.com assumed coverage on shares of Super Micro Computer in a research report on Thursday, March 31st. They set a “hold” rating for the company.

Super Micro Computer Profile (Get Rating)

Super Micro Computer, Inc, together with its subsidiaries, develops and manufactures high-performance server and storage solutions based on modular and open architecture. Its solutions range from complete server, storage, modular blade servers, blades, workstations, full racks, networking devices, server management software, and server sub-systems, as well as support and services.

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

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