MRP Capital Investments LLC Has $46,000 Holdings in Super Micro Computer, Inc. (NASDAQ:SMCI)

MRP Capital Investments LLC increased its stake in Super Micro Computer, Inc. (NASDAQ:SMCI) by 900.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,500 shares of the company’s stock after buying an additional 1,350 shares during the quarter. MRP Capital Investments LLC’s holdings in Super Micro Computer were worth $46,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Clear Creek Financial Management LLC bought a new stake in Super Micro Computer in the 4th quarter valued at $635,000. Nepsis Inc. bought a new stake in Super Micro Computer in the 4th quarter valued at $13,625,000. Sanctuary Advisors LLC raised its stake in Super Micro Computer by 254.7% in the 3rd quarter. Sanctuary Advisors LLC now owns 30,634 shares of the company’s stock valued at $12,756,000 after acquiring an additional 21,997 shares during the period. Fifth Third Bancorp increased its position in Super Micro Computer by 1,476.6% during the 4th quarter. Fifth Third Bancorp now owns 12,266 shares of the company’s stock worth $374,000 after buying an additional 11,488 shares during the period. Finally, Bridgewater Associates LP increased its position in Super Micro Computer by 921.1% during the 3rd quarter. Bridgewater Associates LP now owns 161,104 shares of the company’s stock worth $67,084,000 after buying an additional 145,327 shares during the period. Institutional investors own 84.06% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Loop Capital reiterated a “buy” rating on shares of Super Micro Computer in a research report on Tuesday, February 18th. Rosenblatt Securities assumed coverage on Super Micro Computer in a research report on Monday, March 10th. They set a “buy” rating and a $60.00 price objective on the stock. The Goldman Sachs Group increased their price objective on Super Micro Computer from $32.00 to $36.00 and gave the stock a “neutral” rating in a research report on Monday, February 24th. Cfra upgraded Super Micro Computer from a “hold” rating to a “buy” rating and set a $48.00 price objective on the stock in a research report on Tuesday, February 11th. Finally, JPMorgan Chase & Co. raised their price target on Super Micro Computer from $23.00 to $35.00 and gave the stock an “underweight” rating in a research report on Wednesday, February 12th. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $52.57.

Insider Activity

In related news, CEO Charles Liang sold 46,293 shares of Super Micro Computer stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $50.17, for a total value of $2,322,519.81. Following the transaction, the chief executive officer now directly 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Robert L. Blair sold 19,460 shares of Super Micro Computer stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $42.58, for a total value of $828,606.80. The disclosure for this sale can be found here. Over the last three months, insiders have sold 137,473 shares of company stock valued at $6,771,552. 17.60% of the stock is currently owned by corporate insiders.

Super Micro Computer Stock Performance

NASDAQ:SMCI opened at $39.10 on Friday. The stock’s 50-day simple moving average is $38.47 and its 200 day simple moving average is $37.89. The firm has a market capitalization of $23.21 billion, a PE ratio of 19.63 and a beta of 1.21. 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, Inc. has a twelve month low of $17.25 and a twelve month high of $110.61.

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.