Super Micro Computer, Inc. (NASDAQ:SMCI) Shares Sold by Signaturefd LLC

Signaturefd LLC lessened its position in shares of Super Micro Computer, Inc. (NASDAQ:SMCI) by 24.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 460 shares of the company’s stock after selling 150 shares during the period. Signaturefd LLC’s holdings in Super Micro Computer were worth $131,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Allworth Financial LP acquired a new position in Super Micro Computer in the third quarter valued at approximately $27,000. Optimum Investment Advisors acquired a new position in shares of Super Micro Computer in the 4th quarter valued at $28,000. Livforsakringsbolaget Skandia Omsesidigt purchased a new position in shares of Super Micro Computer in the 4th quarter valued at $30,000. First Horizon Advisors Inc. acquired a new stake in Super Micro Computer during the 3rd quarter worth $39,000. Finally, UMB Bank n.a. lifted its position in Super Micro Computer by 216.3% in the fourth quarter. UMB Bank n.a. now owns 155 shares of the company’s stock valued at $44,000 after acquiring an additional 106 shares during the last quarter. 84.06% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Barclays lifted their target price on Super Micro Computer from $691.00 to $961.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 13th. KeyCorp began coverage on Super Micro Computer in a report on Wednesday, April 24th. They issued a “sector weight” rating for the company. StockNews.com downgraded shares of Super Micro Computer from a “hold” rating to a “sell” rating in a research report on Tuesday, April 23rd. Bank of America raised their price objective on shares of Super Micro Computer from $1,040.00 to $1,280.00 and gave the stock a “buy” rating in a research report on Wednesday, March 13th. Finally, Loop Capital upped their target price on shares of Super Micro Computer from $600.00 to $1,500.00 and gave the company a “buy” rating in a report on Tuesday, April 16th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and nine have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $949.85.

Super Micro Computer Trading Up 3.8 %

NASDAQ:SMCI opened at $890.35 on Tuesday. The stock has a market capitalization of $49.80 billion, a price-to-earnings ratio of 69.50, a PEG ratio of 0.76 and a beta of 1.28. Super Micro Computer, Inc. has a 1 year low of $101.71 and a 1 year high of $1,229.00. The stock has a fifty day moving average price of $950.64 and a two-hundred day moving average price of $572.74. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.19 and a current ratio of 2.43.

Super Micro Computer (NASDAQ:SMCI) last announced its quarterly earnings data on Monday, January 29th. The company reported $5.59 EPS for the quarter, beating the consensus estimate of $4.94 by $0.65. Super Micro Computer had a net margin of 7.92% and a return on equity of 32.34%. The firm had revenue of $3.66 billion during the quarter, compared to analysts’ expectations of $2.80 billion. During the same quarter last year, the business earned $3.09 earnings per share. The business’s revenue for the quarter was up 103.0% compared to the same quarter last year. As a group, sell-side analysts anticipate that Super Micro Computer, Inc. will post 20.24 earnings per share for the current fiscal year.

Insider Transactions at Super Micro Computer

In related news, Director Daniel W. Fairfax sold 300 shares of the firm’s stock in a transaction that occurred on Thursday, February 1st. The stock was sold at an average price of $540.00, for a total value of $162,000.00. Following the completion of the transaction, the director now directly owns 20,087 shares of the company’s stock, valued at approximately $10,846,980. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other Super Micro Computer news, SVP Don W. Clegg sold 28,727 shares of the company’s stock in a transaction dated 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 sale, the senior vice president now owns 2,110 shares of the company’s stock, valued at $1,845,342.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Daniel W. Fairfax sold 300 shares of the firm’s stock in a transaction that occurred on Thursday, February 1st. The stock was sold at an average price of $540.00, for a total transaction of $162,000.00. Following the transaction, the director now directly owns 20,087 shares of the company’s stock, valued at $10,846,980. The disclosure for this sale can be found here. Insiders have sold 34,027 shares of company stock valued at $29,655,672 in the last quarter. 17.60% of the stock is currently owned by corporate insiders.

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.