Super Micro Computer, Inc. (NASDAQ:SMCI) Shares Acquired by Natixis Advisors LLC

Natixis Advisors LLC lifted its holdings in shares of Super Micro Computer, Inc. (NASDAQ:SMCI) by 62.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,612 shares of the company’s stock after acquiring an additional 6,379 shares during the quarter. Natixis Advisors LLC’s holdings in Super Micro Computer were worth $569,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Northern Trust Corp lifted its holdings in shares of Super Micro Computer by 1,573.8% during the 4th quarter. Northern Trust Corp now owns 4,897,876 shares of the company’s stock valued at $149,287,000 after acquiring an additional 4,605,260 shares in the last quarter. Marshall Wace LLP lifted its holdings in shares of Super Micro Computer by 416,945.0% during the 4th quarter. Marshall Wace LLP now owns 3,753,405 shares of the company’s stock valued at $114,404,000 after acquiring an additional 3,752,505 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Super Micro Computer by 6,368.8% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,815,996 shares of the company’s stock valued at $85,832,000 after acquiring an additional 2,772,464 shares in the last quarter. Nuveen Asset Management LLC lifted its holdings in shares of Super Micro Computer by 796.5% during the 4th quarter. Nuveen Asset Management LLC now owns 1,446,722 shares of the company’s stock valued at $44,096,000 after acquiring an additional 1,285,355 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD increased its stake in Super Micro Computer by 1,029.9% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,419,255 shares of the company’s stock worth $43,260,000 after buying an additional 1,293,647 shares during the period. Institutional investors and hedge funds own 84.06% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on SMCI. Barclays lifted their price target on shares of Super Micro Computer from $29.00 to $45.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 7th. KGI Securities began coverage on shares of Super Micro Computer in a research note on Wednesday, May 7th. They set a “neutral” rating on the stock. Mizuho lifted their price target on shares of Super Micro Computer from $40.00 to $47.00 and gave the stock a “neutral” rating in a research note on Thursday, July 3rd. Citigroup reissued a “neutral” rating and issued a $52.00 target price (up previously from $37.00) on shares of Super Micro Computer in a research report on Friday, July 11th. Finally, Wall Street Zen raised shares of Super Micro Computer to a “sell” rating in a research report on Thursday, May 8th. Three research analysts have rated the stock with a sell rating, eight have given a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $44.75.

Insiders Place Their Bets

In other news, CFO David E. Weigand sold 67,000 shares of the firm’s stock in a transaction on Tuesday, May 20th. The shares were sold at an average price of $44.02, for a total value of $2,949,340.00. Following the sale, the chief financial officer owned 88,599 shares in the company, valued at approximately $3,900,127.98. This trade represents a 43.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Liang Chiu-Chu Sara Liu sold 200,000 shares of the firm’s stock in a transaction on Monday, July 28th. The stock was sold at an average price of $60.00, for a total transaction of $12,000,000.00. Following the completion of the sale, the director owned 40,426,120 shares in the company, valued at approximately $2,425,567,200. The trade was a 0.49% decrease in their position. The disclosure for this sale can be found here. Insiders sold 1,067,000 shares of company stock valued at $53,949,340 over the last 90 days. 16.30% of the stock is currently owned by company insiders.

Super Micro Computer Stock Performance

SMCI opened at $45.20 on Tuesday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 3.32 and a current ratio of 5.32. The company has a market cap of $26.98 billion, a PE ratio of 27.23, a price-to-earnings-growth ratio of 1.14 and a beta of 1.46. The stock has a 50-day moving average of $48.69 and a 200-day moving average of $41.71. Super Micro Computer, Inc. has a 52-week low of $17.25 and a 52-week high of $66.44.

Super Micro Computer (NASDAQ:SMCI) last announced its earnings results on Tuesday, August 5th. The company reported $0.41 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.03). The company had revenue of $5.76 billion for the quarter, compared to the consensus estimate of $5.88 billion. Super Micro Computer had a return on equity of 17.14% and a net margin of 4.77%. The firm’s revenue for the quarter was up 8.5% compared to the same quarter last year. During the same period in the previous year, the company earned $6.25 EPS. As a group, equities research analysts forecast that Super Micro Computer, Inc. will post 1.86 earnings per share for the current fiscal year.

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.