First Bank & Trust Has $353,000 Stock Position in Super Micro Computer, Inc. (NASDAQ:SMCI)

First Bank & Trust grew its stake in shares of Super Micro Computer, Inc. (NASDAQ:SMCI) by 475.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 11,589 shares of the company’s stock after purchasing an additional 9,574 shares during the period. First Bank & Trust’s holdings in Super Micro Computer were worth $353,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Salem Investment Counselors Inc. acquired a new position in shares of Super Micro Computer during the fourth quarter valued at about $30,000. Trust Co. of Vermont raised its holdings in shares of Super Micro Computer by 900.0% in the 4th quarter. Trust Co. of Vermont now owns 1,000 shares of the company’s stock worth $30,000 after acquiring an additional 900 shares during the last quarter. Toth Financial Advisory Corp acquired a new stake in shares of Super Micro Computer in the 4th quarter worth about $31,000. Golden State Wealth Management LLC acquired a new stake in shares of Super Micro Computer in the 4th quarter worth about $34,000. Finally, Blue Trust Inc. raised its holdings in shares of Super Micro Computer by 203.2% in the 4th quarter. Blue Trust Inc. now owns 1,231 shares of the company’s stock worth $38,000 after acquiring an additional 825 shares during the last quarter. Institutional investors and hedge funds own 84.06% of the company’s stock.

Analysts Set New Price Targets

SMCI has been the topic of a number of analyst reports. Northland Securities restated an “outperform” rating and issued a $57.00 target price (up previously from $54.00) on shares of Super Micro Computer in a report on Wednesday, February 12th. Argus lowered shares of Super Micro Computer from a “buy” rating to a “hold” rating in a report on Thursday, October 31st. The Goldman Sachs Group lowered their target price 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. Loop Capital upped their target price on shares of Super Micro Computer from $40.00 to $50.00 and gave the stock a “buy” rating in a report on Wednesday, February 12th. Finally, JPMorgan Chase & Co. upped their target price on shares of Super Micro Computer from $23.00 to $35.00 and gave the stock an “underweight” rating in a report on Wednesday, February 12th. Three analysts have rated the stock with a sell rating, ten have given a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $60.20.

Super Micro Computer Stock Down 1.6 %

Super Micro Computer stock opened at $59.27 on Friday. Super Micro Computer, Inc. has a twelve month low of $17.25 and a twelve month high of $122.90. The firm has a 50 day moving average price of $34.83 and a 200-day moving average price of $39.86. The company has a market capitalization of $34.71 billion, a P/E ratio of 29.75 and a beta of 1.30. The company has a quick ratio of 1.93, a current ratio of 3.77 and a debt-to-equity ratio of 0.32.

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.