Capital Advisors Inc. OK Purchases New Stake in Super Micro Computer, Inc. (NASDAQ:SMCI)

Capital Advisors Inc. OK purchased a new stake in shares of Super Micro Computer, Inc. (NASDAQ:SMCI) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 33,800 shares of the company’s stock, valued at approximately $1,030,000.

Other institutional investors also recently added to or reduced their stakes in the company. Rakuten Securities Inc. lifted its holdings in Super Micro Computer by 391.8% during the third quarter. Rakuten Securities Inc. now owns 76,660 shares of the company’s stock valued at $31,921,000 after purchasing an additional 61,071 shares during the last quarter. Assetmark Inc. lifted its holdings in Super Micro Computer by 164.8% during the third quarter. Assetmark Inc. now owns 150,333 shares of the company’s stock valued at $62,599,000 after purchasing an additional 93,569 shares during the last quarter. Clear Creek Financial Management LLC purchased a new stake in Super Micro Computer during the fourth quarter valued at about $635,000. Nepsis Inc. purchased a new stake in Super Micro Computer during the fourth quarter valued at about $13,625,000. Finally, Sanctuary Advisors LLC lifted its holdings in Super Micro Computer by 254.7% during the third quarter. Sanctuary Advisors LLC now owns 30,634 shares of the company’s stock valued at $12,756,000 after purchasing an additional 21,997 shares during the last quarter. Institutional investors own 84.06% of the company’s stock.

Super Micro Computer Trading Down 9.5 %

Shares of SMCI opened at $38.61 on Wednesday. Super Micro Computer, Inc. has a 1-year low of $17.25 and a 1-year high of $122.90. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.77 and a quick ratio of 1.93. The firm’s 50 day simple moving average is $33.53 and its 200 day simple moving average is $40.52. The company has a market capitalization of $22.61 billion, a P/E ratio of 19.38 and a beta of 1.30.

Analysts Set New Price Targets

SMCI has been the topic of several recent research reports. The Goldman Sachs Group dropped their price objective on shares of Super Micro Computer from $67.50 to $28.00 and set a “neutral” rating on the stock in a report on Wednesday, November 6th. JPMorgan Chase & Co. downgraded shares of Super Micro Computer from a “neutral” rating to an “underweight” rating and lowered their price target for the stock from $50.00 to $23.00 in a report on Wednesday, November 6th. Argus downgraded shares of Super Micro Computer from a “buy” rating to a “hold” rating in a report on Thursday, October 31st. Cfra raised shares of Super Micro Computer from a “hold” rating to a “buy” rating and set a $48.00 price target on the stock in a report on Tuesday. Finally, Loop Capital increased their price target on shares of Super Micro Computer from $35.00 to $40.00 and gave the stock a “buy” rating in a report on Thursday, January 23rd. Three investment analysts have rated the stock with a sell rating, ten have given a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Super Micro Computer has a consensus rating of “Hold” and an average target price of $63.07.

Super Micro Computer Company 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.