Super Micro Computer, Inc. (NASDAQ:SMCI) Shares Acquired by Public Employees Retirement Association of Colorado

Public Employees Retirement Association of Colorado boosted its position in Super Micro Computer, Inc. (NASDAQ:SMCIFree Report) by 37.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,525 shares of the company’s stock after acquiring an additional 1,495 shares during the quarter. Public Employees Retirement Association of Colorado’s holdings in Super Micro Computer were worth $1,571,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. 1832 Asset Management L.P. acquired a new stake in shares of Super Micro Computer in the 4th quarter valued at $1,679,000. Crossmark Global Holdings Inc. lifted its holdings in Super Micro Computer by 0.4% during the 4th quarter. Crossmark Global Holdings Inc. now owns 4,078 shares of the company’s stock worth $1,160,000 after buying an additional 18 shares during the last quarter. Tower Research Capital LLC TRC lifted its holdings in Super Micro Computer by 144.4% during the 4th quarter. Tower Research Capital LLC TRC now owns 7,221 shares of the company’s stock worth $2,053,000 after buying an additional 4,267 shares during the last quarter. CIBC Private Wealth Group LLC boosted its position in shares of Super Micro Computer by 369.8% during the 4th quarter. CIBC Private Wealth Group LLC now owns 6,107 shares of the company’s stock worth $1,736,000 after acquiring an additional 4,807 shares in the last quarter. Finally, New Age Alpha Advisors LLC purchased a new position in shares of Super Micro Computer in the 4th quarter valued at about $1,762,000. Institutional investors and hedge funds own 84.06% of the company’s stock.

Insider Transactions at Super Micro Computer

In related news, Director Tally C. Liu sold 500 shares of the business’s stock in a transaction that occurred on Thursday, May 30th. The shares were sold at an average price of $839.17, for a total value of $419,585.00. Following the completion of the sale, the director now directly owns 27,813 shares in the company, valued at $23,339,835.21. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In other Super Micro Computer news, Director Daniel W. Fairfax sold 300 shares of the company’s stock in a transaction dated Monday, June 3rd. The stock was sold at an average price of $802.00, for a total transaction of $240,600.00. Following the completion of the sale, the director now directly owns 18,887 shares in the company, valued at $15,147,374. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Tally C. Liu sold 500 shares of Super Micro Computer stock in a transaction dated Thursday, May 30th. The shares were sold at an average price of $839.17, for a total value of $419,585.00. Following the completion of the transaction, the director now directly owns 27,813 shares in the company, valued at $23,339,835.21. The disclosure for this sale can be found here. Insiders have sold a total of 1,325 shares of company stock worth $1,116,736 in the last three months. Company insiders own 17.60% of the company’s stock.

Super Micro Computer Stock Performance

Shares of SMCI opened at $786.86 on Tuesday. Super Micro Computer, Inc. has a 1 year low of $213.08 and a 1 year high of $1,229.00. The company’s 50 day simple moving average is $851.96 and its 200 day simple moving average is $691.24. The company has a market capitalization of $44.01 billion, a price-to-earnings ratio of 44.11, a PEG ratio of 0.70 and a beta of 1.23. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.29 and a current ratio of 4.69.

Super Micro Computer (NASDAQ:SMCIGet Free Report) last posted its quarterly earnings data on Tuesday, April 30th. The company reported $6.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.42 by $1.14. The business had revenue of $3.85 billion for the quarter, compared to analysts’ expectations of $3.96 billion. Super Micro Computer had a return on equity of 34.09% and a net margin of 8.88%. On average, sell-side analysts predict that Super Micro Computer, Inc. will post 21.11 EPS for the current year.

Analyst Ratings Changes

SMCI has been the subject of a number of research analyst reports. Argus started coverage on Super Micro Computer in a report on Wednesday, March 6th. They issued a “buy” rating and a $1,350.00 price target for the company. 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. 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. StockNews.com lowered shares of Super Micro Computer from a “hold” rating to a “sell” rating in a research note on Thursday, May 9th. Finally, Wedbush lifted their target price on Super Micro Computer from $530.00 to $800.00 and gave the company a “neutral” rating in a research note on Wednesday, May 1st. Two analysts have rated the stock with a sell rating, four have given a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat, Super Micro Computer has a consensus rating of “Hold” and an average target price of $954.38.

Check Out Our Latest Report on SMCI

Super Micro Computer Company Profile

(Free Report)

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.

Further Reading

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

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