Skandinaviska Enskilda Banken AB publ Has $3.27 Million Stock Holdings in Super Micro Computer, Inc. (NASDAQ:SMCI)

Skandinaviska Enskilda Banken AB publ lifted its position in shares of Super Micro Computer, Inc. (NASDAQ:SMCI) by 908.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 106,467 shares of the company’s stock after purchasing an additional 95,908 shares during the period. Skandinaviska Enskilda Banken AB publ’s holdings in Super Micro Computer were worth $3,266,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of SMCI. Charles Schwab Investment Management Inc. grew its stake in Super Micro Computer by 968.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,651,134 shares of the company’s stock valued at $111,287,000 after buying an additional 3,309,398 shares during the last quarter. Bank of New York Mellon Corp grew its stake in 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 valued at $89,752,000 after buying an additional 2,616,757 shares during the last quarter. Swiss National Bank grew its stake in Super Micro Computer by 851.9% in the 4th quarter. Swiss National Bank now owns 1,488,800 shares of the company’s stock valued at $45,379,000 after buying an additional 1,332,400 shares during the last quarter. Amundi acquired a new position in Super Micro Computer in the 4th quarter valued at about $41,563,000. Finally, Sumitomo Mitsui Trust Group Inc. grew its stake in Super Micro Computer by 956.6% in 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 buying an additional 1,192,366 shares during the last quarter. 84.06% of the stock is currently owned by institutional investors and hedge funds.

Super Micro Computer Stock Performance

Shares of Super Micro Computer stock opened at $42.17 on Monday. The company has a market cap of $25.03 billion, a PE ratio of 21.17 and a beta of 1.21. The company has a current ratio of 3.77, a quick ratio of 1.93 and a debt-to-equity ratio of 0.32. The company has a 50 day moving average of $38.01 and a 200-day moving average of $37.98. Super Micro Computer, Inc. has a 1-year low of $17.25 and a 1-year high of $114.78.

Insider Activity at Super Micro Computer

In related news, Director Robert L. Blair sold 19,460 shares of the stock in a transaction that occurred on Friday, February 28th. The shares were sold at an average price of $42.58, for a total value of $828,606.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Charles Liang sold 46,293 shares of the stock in a transaction that occurred 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 directly owns 67,403,640 shares of the company’s stock, valued at approximately $3,381,640,618.80. The trade was a 0.07 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 137,473 shares of company stock valued at $6,771,552 in the last quarter. Insiders own 17.60% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on the stock. Northland Capmk upgraded shares of Super Micro Computer to a “strong-buy” rating in a research note on Friday, December 20th. The Goldman Sachs Group upped their price target on shares of Super Micro Computer from $32.00 to $36.00 and gave the company a “neutral” rating in a research note on Monday, February 24th. Wedbush restated a “hold” rating on shares of Super Micro Computer in a research report on Tuesday, February 18th. Barclays initiated coverage on shares of Super Micro Computer in a research report on Thursday, February 27th. They set an “equal weight” rating and a $59.00 target price on the stock. Finally, Loop Capital restated a “buy” rating on shares of Super Micro Computer in a research report on Tuesday, February 18th. Three investment analysts have rated the stock with a sell rating, ten have issued a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $52.57.

Super Micro Computer 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.