Capital Advisors Inc. OK Purchases Shares of 33,800 Super Micro Computer, Inc. (NASDAQ:SMCI)

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

Several other institutional investors and hedge funds have also recently made changes to their positions in SMCI. Sumitomo Mitsui Trust Group Inc. grew its holdings in shares of Super Micro Computer by 956.6% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,317,018 shares of the company’s stock worth $40,143,000 after purchasing an additional 1,192,366 shares during the last quarter. International Assets Investment Management LLC grew its holdings in shares of Super Micro Computer by 63,634.1% in the third quarter. International Assets Investment Management LLC now owns 916,496 shares of the company’s stock worth $381,629,000 after purchasing an additional 915,058 shares during the last quarter. Nepsis Inc. bought a new position in shares of Super Micro Computer in the fourth quarter worth approximately $13,625,000. Annex Advisory Services LLC bought a new position in shares of Super Micro Computer in the fourth quarter worth approximately $6,708,000. Finally, Diversify Advisory Services LLC bought a new position in shares of Super Micro Computer in the fourth quarter worth approximately $5,113,000. Institutional investors own 84.06% of the company’s stock.

Super Micro Computer Stock Performance

Shares of Super Micro Computer stock opened at $38.61 on Wednesday. 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 firm has a market capitalization of $22.61 billion, a P/E ratio of 19.38 and a beta of 1.30. The business has a fifty day simple moving average of $33.53 and a two-hundred day simple moving average of $40.52. Super Micro Computer, Inc. has a 12 month low of $17.25 and a 12 month high of $122.90.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on SMCI. Argus cut shares of Super Micro Computer from a “buy” rating to a “hold” rating in a report on Thursday, October 31st. Cfra upgraded 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. The Goldman Sachs Group cut their price target 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 lifted their price target on shares of Super Micro Computer from $35.00 to $40.00 and gave the company a “buy” rating in a report on Thursday, January 23rd. Finally, Wedbush reiterated a “neutral” rating and issued a $32.00 price target (down previously from $62.00) on shares of Super Micro Computer in a report on Monday, November 4th. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Super Micro Computer currently has an average rating of “Hold” and a consensus target price of $63.07.

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.