Super Micro Computer, Inc. (NASDAQ:SMCI) Shares Purchased by Capital Impact Advisors LLC

Capital Impact Advisors LLC increased its position in Super Micro Computer, Inc. (NASDAQ:SMCI – Get Rating) by 3.4% in the third quarter, Holdings Channel.com reports. The firm owned 13,008 shares of the company’s stock after acquiring an additional 428 shares during the period. Super Micro Computer comprises approximately 1.1% of Capital Impact Advisors LLC’s portfolio, making the stock its 6th largest holding. Capital Impact Advisors LLC’s holdings in Super Micro Computer were worth $1,132,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. DekaBank Deutsche Girozentrale acquired a new stake in Super Micro Computer in the third quarter worth about $37,000. Neo Ivy Capital Management acquired a new position in shares of Super Micro Computer during the 3rd quarter worth about $59,000. Signaturefd LLC grew its position in shares of Super Micro Computer by 291.7% during the 3rd quarter. Signaturefd LLC now owns 1,175 shares of the company’s stock worth $65,000 after buying an additional 875 shares during the period. Silvant Capital Management LLC acquired a new position in shares of Super Micro Computer during the 3rd quarter worth about $68,000. Finally, C M Bidwell & Associates Ltd. acquired a new position in shares of Super Micro Computer during the 2nd quarter worth about $56,000. 73.08% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Super Micro Computer

In other Super Micro Computer news, Director Sherman Tuan sold 1,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 8th. The stock was sold at an average price of $87.00, for a total value of $87,000.00. Following the sale, the director now owns 24,696 shares in the company, valued at approximately $2,148,552. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other Super Micro Computer news, CEO Charles Liang sold 43,772 shares of the business’s stock in a transaction that occurred on Thursday, January 19th. The stock was sold at an average price of $71.26, for a total value of $3,119,192.72. Following the sale, the chief executive officer now owns 6,722,717 shares in the company, valued at approximately $479,060,813.42. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Sherman Tuan sold 1,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 8th. The stock was sold at an average price of $87.00, for a total value of $87,000.00. Following the sale, the director now owns 24,696 shares in the company, valued at approximately $2,148,552. The disclosure for this sale can be found here. In the last quarter, insiders have sold 101,772 shares of company stock worth $7,917,123. Corporate insiders own 14.50% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. StockNews.com assumed coverage on Super Micro Computer in a research report on Thursday. They set a “hold” rating for the company. Northland Securities boosted their target price on Super Micro Computer from $165.00 to $175.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 1st. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $90.00.

Super Micro Computer Trading Up 6.0 %

NASDAQ:SMCI opened at $97.23 on Friday. Super Micro Computer, Inc. has a fifty-two week low of $34.11 and a fifty-two week high of $104.30. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.89 and a quick ratio of 1.34. The stock has a market capitalization of $5.22 billion, a PE ratio of 9.24 and a beta of 1.26. The business’s 50-day simple moving average is $87.02 and its 200-day simple moving average is $77.55.

Super Micro Computer (NASDAQ:SMCI – Get Rating) last released its quarterly earnings data on Tuesday, January 31st. The company reported $3.09 earnings per share for the quarter, beating the consensus estimate of $2.95 by $0.14. Super Micro Computer had a return on equity of 37.49% and a net margin of 8.70%. The business had revenue of $1.80 billion for the quarter, compared to analysts’ expectations of $1.77 billion. Sell-side analysts expect that Super Micro Computer, Inc. will post 9.93 earnings per share for the current fiscal year.

Super Micro Computer Profile

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Super Micro Computer, Inc engages in the distribution and manufacture of information technology solutions and other computer products. Its products include twin solutions, MP servers, GPU and coprocessor, MicroCloud, AMD solutions, power supplies, SuperServer, storage, motherboards, chassis, super workstations, accessories, SuperRack and server management products.