Bank of New Hampshire Invests $35,000 in Super Micro Computer, Inc. (NASDAQ:SMCI)

Bank of New Hampshire acquired a new position in shares of Super Micro Computer, Inc. (NASDAQ:SMCIFree Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 35 shares of the company’s stock, valued at approximately $35,000.

A number of other hedge funds also recently made changes to their positions in the stock. Vanguard Group Inc. lifted its position in Super Micro Computer by 4.1% in the fourth quarter. Vanguard Group Inc. now owns 4,929,065 shares of the company’s stock valued at $1,401,136,000 after purchasing an additional 194,700 shares during the last quarter. International Assets Investment Management LLC grew its holdings in Super Micro Computer by 56,764.2% in the 4th quarter. International Assets Investment Management LLC now owns 1,322,093 shares of the company’s stock worth $375,818,000 after acquiring an additional 1,319,768 shares during the last quarter. Northern Trust Corp grew its holdings in Super Micro Computer by 7.4% in the 3rd quarter. Northern Trust Corp now owns 651,010 shares of the company’s stock worth $178,520,000 after acquiring an additional 44,678 shares during the last quarter. FMR LLC increased its position in shares of Super Micro Computer by 161.2% in the third quarter. FMR LLC now owns 479,338 shares of the company’s stock valued at $131,444,000 after acquiring an additional 295,835 shares during the period. Finally, Ameriprise Financial Inc. boosted its holdings in shares of Super Micro Computer by 89.1% during the third quarter. Ameriprise Financial Inc. now owns 350,921 shares of the company’s stock worth $96,234,000 after purchasing an additional 165,353 shares during the period. 84.06% of the stock is owned by institutional investors.

Insider Transactions at Super Micro Computer

In other Super Micro Computer news, Director Tally C. Liu sold 500 shares of the company’s stock in a transaction that occurred on Thursday, May 30th. The shares were sold at an average price of $839.17, for a total value of $419,585.00. Following the completion of the transaction, the director now directly owns 27,813 shares in the company, valued at $23,339,835.21. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, Director Tally C. Liu sold 500 shares of the business’s stock in a transaction dated Thursday, May 30th. The stock was sold at an average price of $839.17, for a total value of $419,585.00. Following the transaction, the director now directly owns 27,813 shares in the company, valued at $23,339,835.21. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Liang Chiu-Chu Sara Liu sold 525 shares of the stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $869.62, for a total value of $456,550.50. Following the sale, the director now owns 3,459 shares of the company’s stock, valued at approximately $3,008,015.58. The disclosure for this sale can be found here. Insiders have sold 1,325 shares of company stock valued at $1,116,736 over the last quarter. 17.60% of the stock is currently owned by company insiders.

Super Micro Computer Stock Performance

SMCI stock traded down $4.56 during midday trading on Friday, reaching $913.08. 5,212,689 shares of the company’s stock traded hands, compared to its average volume of 8,656,315. The company has a current ratio of 4.69, a quick ratio of 2.29 and a debt-to-equity ratio of 0.35. Super Micro Computer, Inc. has a 52-week low of $213.08 and a 52-week high of $1,229.00. The stock has a market cap of $51.07 billion, a P/E ratio of 50.63, a PEG ratio of 0.83 and a beta of 1.23. The stock’s 50-day moving average is $838.21 and its 200 day moving average is $716.43.

Super Micro Computer (NASDAQ:SMCIGet Free Report) last issued its quarterly earnings data on Tuesday, April 30th. The company reported $6.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.42 by $1.14. Super Micro Computer had a net margin of 8.88% and a return on equity of 34.09%. The firm had revenue of $3.85 billion during the quarter, compared to the consensus estimate of $3.96 billion. As a group, analysts anticipate that Super Micro Computer, Inc. will post 21.11 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on SMCI shares. JPMorgan Chase & Co. initiated coverage on Super Micro Computer in a report on Monday, March 25th. They set an “overweight” rating and a $1,150.00 price target on the stock. Loop Capital increased their target price on Super Micro Computer from $600.00 to $1,500.00 and gave the company a “buy” rating in a research note on Tuesday, April 16th. Rosenblatt Securities restated a “buy” rating and issued a $1,300.00 price target on shares of Super Micro Computer in a research note on Wednesday, May 1st. Wells Fargo & Company dropped their price objective on Super Micro Computer from $960.00 to $890.00 and set an “equal weight” rating on the stock in a research report on Wednesday, May 1st. Finally, Northland Securities boosted their target price on Super Micro Computer from $925.00 to $1,300.00 and gave the stock an “outperform” rating in a research report on Monday, March 25th. Two analysts have rated the stock with a sell rating, four have given a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat, Super Micro Computer has an average rating of “Hold” and a consensus target price of $954.38.

Read Our Latest Analysis on Super Micro Computer

Super Micro Computer Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Super Micro Computer (NASDAQ:SMCI)

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