Super Micro Computer, Inc. (NASDAQ:SMCI) Holdings Lifted by Keynote Financial Services LLC

Keynote Financial Services LLC increased its position in shares of Super Micro Computer, Inc. (NASDAQ:SMCI) by 1,442.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,382 shares of the company’s stock after acquiring an additional 11,579 shares during the period. Keynote Financial Services LLC’s holdings in Super Micro Computer were worth $377,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Bank of New York Mellon Corp raised its holdings in shares of Super Micro Computer by 798.1% in the 4th quarter. Bank of New York Mellon Corp now owns 2,944,620 shares of the company’s stock worth $89,752,000 after purchasing an additional 2,616,757 shares in the last quarter. State Street Corp increased its holdings in shares of Super Micro Computer by 4.3% in the third quarter. State Street Corp now owns 2,138,142 shares of the company’s stock valued at $890,322,000 after buying an additional 88,692 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its position in shares of Super Micro Computer by 956.6% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,317,018 shares of the company’s stock valued at $40,143,000 after acquiring an additional 1,192,366 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Super Micro Computer by 1.3% during the 3rd quarter. Geode Capital Management LLC now owns 1,266,040 shares of the company’s stock worth $529,753,000 after acquiring an additional 16,007 shares in the last quarter. Finally, Disciplined Growth Investors Inc. MN grew its holdings in shares of Super Micro Computer by 3.1% in the 3rd quarter. Disciplined Growth Investors Inc. MN now owns 1,043,469 shares of the company’s stock worth $434,500,000 after acquiring an additional 31,064 shares during the last quarter. 84.06% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have recently commented on SMCI. StockNews.com raised Super Micro Computer to a “sell” rating in a report on Friday. Northland Capmk upgraded shares of Super Micro Computer to a “strong-buy” rating in a report on Friday, December 20th. JPMorgan Chase & Co. lifted their target price on shares of Super Micro Computer from $23.00 to $35.00 and gave the stock an “underweight” rating in a research report on Wednesday, February 12th. Northland Securities restated an “outperform” rating and issued a $57.00 price target (up previously from $54.00) on shares of Super Micro Computer in a research report on Wednesday, February 12th. Finally, Loop Capital reiterated a “buy” rating on shares of Super Micro Computer in a research report on Tuesday, February 18th. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $61.87.

Super Micro Computer Trading Down 4.3 %

NASDAQ:SMCI opened at $41.09 on Friday. The company has a market capitalization of $24.38 billion, a P/E ratio of 20.63 and a beta of 1.30. The stock’s 50 day moving average price is $36.63 and its 200 day moving average price is $39.58. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.93 and a current ratio of 3.77. Super Micro Computer, Inc. has a 52 week low of $17.25 and a 52 week high of $122.90.

Insider Activity

In other Super Micro Computer news, CEO Charles Liang sold 46,293 shares of the business’s stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $50.17, for a total transaction of $2,322,519.81. Following the completion of the transaction, the chief executive officer now owns 67,403,640 shares of the company’s stock, valued at $3,381,640,618.80. The trade was a 0.07 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP George Kao sold 71,720 shares of the firm’s stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $50.48, for a total value of $3,620,425.60. Following the completion of the sale, the senior vice president now directly owns 19,449 shares in the company, valued at approximately $981,785.52. This represents a 78.67 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 17.60% of the stock is owned by insiders.

About Super Micro Computer

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.