Super Micro Computer, Inc. (NASDAQ:SMCI) Shares Acquired by Metis Global Partners LLC

Metis Global Partners LLC raised its holdings in shares of Super Micro Computer, Inc. (NASDAQ:SMCI) by 919.9% during the fourth quarter, HoldingsChannel.com reports. The firm owned 17,246 shares of the company’s stock after buying an additional 15,555 shares during the period. Metis Global Partners LLC’s holdings in Super Micro Computer were worth $526,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Miller Wealth Advisors LLC acquired a new position in shares of Super Micro Computer during the third quarter worth $152,000. Archer Investment Corp increased its position in shares of Super Micro Computer by 364.2% in the 3rd quarter. Archer Investment Corp now owns 571 shares of the company’s stock valued at $238,000 after acquiring an additional 448 shares during the period. Bell Bank acquired a new position in shares of Super Micro Computer in the 3rd quarter valued at $259,000. Meridian Wealth Management LLC acquired a new position in shares of Super Micro Computer in the 3rd quarter valued at $270,000. Finally, Mizuho Markets Cayman LP acquired a new position in shares of Super Micro Computer in the 3rd quarter valued at $300,000. 84.06% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Wedbush reissued a “hold” rating on shares of Super Micro Computer in a research report on Tuesday, February 18th. Loop Capital reissued a “buy” rating on shares of Super Micro Computer in a research report on Tuesday, February 18th. Barclays assumed coverage on Super Micro Computer in a research report on Thursday, February 27th. They issued an “equal weight” rating and a $59.00 target price on the stock. The Goldman Sachs Group upped their target price on Super Micro Computer from $32.00 to $36.00 and gave the company a “neutral” rating in a research report on Monday, February 24th. Finally, Cfra raised Super Micro Computer from a “hold” rating to a “buy” rating and set a $48.00 target price on the stock in a research report on Tuesday, February 11th. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $61.87.

Insider Transactions at Super Micro Computer

In other news, Director Robert L. Blair sold 19,460 shares of the stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $42.58, for a total transaction of $828,606.80. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Charles Liang sold 46,293 shares of the stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $50.17, for a total transaction of $2,322,519.81. Following the sale, the chief executive officer now directly owns 67,403,640 shares in the company, valued at approximately $3,381,640,618.80. The trade was a 0.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 137,473 shares of company stock valued at $6,771,552 in the last ninety days. 17.60% of the stock is currently owned by corporate insiders.

Super Micro Computer Trading Down 0.6 %

SMCI stock opened at $38.90 on Thursday. The company’s 50-day simple moving average is $36.89 and its 200-day simple moving average is $38.97. 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 52-week low of $17.25 and a 52-week high of $122.90. The firm has a market cap of $23.09 billion, a P/E ratio of 19.53 and a beta of 1.30.

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.