Calamos Advisors LLC Has $2.39 Million Stock Position in Super Micro Computer, Inc. (NASDAQ:SMCI)

Calamos Advisors LLC increased its holdings in shares of Super Micro Computer, Inc. (NASDAQ:SMCI) by 900.0% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 78,340 shares of the company’s stock after purchasing an additional 70,506 shares during the period. Calamos Advisors LLC’s holdings in Super Micro Computer were worth $2,388,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. International Assets Investment Management LLC boosted its stake in shares of Super Micro Computer by 63,634.1% in the 3rd quarter. International Assets Investment Management LLC now owns 916,496 shares of the company’s stock valued at $381,629,000 after purchasing an additional 915,058 shares in the last quarter. Nepsis Inc. acquired a new stake in Super Micro Computer in the fourth quarter valued at approximately $13,625,000. Annex Advisory Services LLC acquired a new stake in Super Micro Computer in the fourth quarter valued at approximately $6,708,000. Diversify Advisory Services LLC acquired a new position in shares of Super Micro Computer during the fourth quarter worth $5,113,000. Finally, abrdn plc lifted its stake in shares of Super Micro Computer by 825.5% in the 4th quarter. abrdn plc now owns 174,602 shares of the company’s stock valued at $5,316,000 after acquiring an additional 155,737 shares during the last quarter. Institutional investors own 84.06% of the company’s stock.

Super Micro Computer Price Performance

Super Micro Computer stock opened at $29.16 on Wednesday. The stock has a market capitalization of $17.08 billion, a price-to-earnings ratio of 14.64 and a beta of 1.31. Super Micro Computer, Inc. has a 52-week low of $17.25 and a 52-week high of $122.90. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.93 and a current ratio of 3.77. The stock’s 50 day moving average price is $33.57 and its two-hundred day moving average price is $41.89.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on SMCI shares. Wedbush reissued a “neutral” rating and set a $32.00 price objective (down previously from $62.00) on shares of Super Micro Computer in a report on Monday, November 4th. The Goldman Sachs Group lowered their price objective on Super Micro Computer from $67.50 to $28.00 and set a “neutral” rating for the company in a research note on Wednesday, November 6th. StockNews.com lowered shares of Super Micro Computer from a “hold” rating to a “sell” rating in a report on Wednesday, October 9th. Northland Capmk upgraded shares of Super Micro Computer to a “strong-buy” rating in a research report on Friday, December 20th. Finally, Argus lowered shares of Super Micro Computer from a “buy” rating to a “hold” rating in a report on Thursday, October 31st. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating, four have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $62.89.

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.