Super Micro Computer, Inc. (NASDAQ:SMCI) Holdings Increased by Disciplined Growth Investors Inc. MN

Disciplined Growth Investors Inc. MN grew its position in shares of Super Micro Computer, Inc. (NASDAQ:SMCI) by 3.1% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,043,469 shares of the company’s stock after purchasing an additional 31,064 shares during the period. Super Micro Computer makes up about 8.2% of Disciplined Growth Investors Inc. MN’s investment portfolio, making the stock its largest position. Disciplined Growth Investors Inc. MN owned approximately 0.19% of Super Micro Computer worth $434,500,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. Rakuten Securities Inc. grew its position in shares of Super Micro Computer by 391.8% during the third quarter. Rakuten Securities Inc. now owns 76,660 shares of the company’s stock worth $31,921,000 after buying an additional 61,071 shares in the last quarter. Assetmark Inc. grew its stake in Super Micro Computer by 164.8% during the 3rd quarter. Assetmark Inc. now owns 150,333 shares of the company’s stock valued at $62,599,000 after acquiring an additional 93,569 shares in the last quarter. Bridgewater Associates LP grew its stake in Super Micro Computer by 921.1% during the 3rd quarter. Bridgewater Associates LP now owns 161,104 shares of the company’s stock valued at $67,084,000 after acquiring an additional 145,327 shares in the last quarter. Royal London Asset Management Ltd. grew its stake in Super Micro Computer by 279.8% during the 3rd quarter. Royal London Asset Management Ltd. now owns 29,483 shares of the company’s stock valued at $12,277,000 after acquiring an additional 21,721 shares in the last quarter. Finally, World Investment Advisors LLC grew its stake in Super Micro Computer by 13,210.5% during the 3rd quarter. World Investment Advisors LLC now owns 56,969 shares of the company’s stock valued at $23,722,000 after acquiring an additional 56,541 shares in the last quarter. Hedge funds and other institutional investors own 84.06% of the company’s stock.

Super Micro Computer Price Performance

Shares of SMCI stock opened at $44.16 on Tuesday. The stock’s fifty day moving average is $36.99 and its 200-day moving average is $57.33. 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 has a market capitalization of $24.70 billion, a PE ratio of 22.19 and a beta of 1.29. Super Micro Computer, Inc. has a 52 week low of $17.25 and a 52 week high of $122.90.

Analyst Ratings Changes

SMCI has been the subject of several recent research reports. Wedbush reissued a “neutral” rating and issued a $32.00 price target (down previously from $62.00) on shares of Super Micro Computer in a research note on Monday, November 4th. StockNews.com cut Super Micro Computer from a “hold” rating to a “sell” rating in a research note on Wednesday, October 9th. Wells Fargo & Company reduced their target price on Super Micro Computer from $65.00 to $37.50 and set an “equal weight” rating for the company in a report on Wednesday, August 28th. Barclays reduced their target price on Super Micro Computer from $438.00 to $42.00 and set an “equal weight” rating for the company in a report on Wednesday, October 2nd. Finally, Mizuho started coverage on Super Micro Computer in a report on Tuesday, September 17th. They issued a “neutral” rating and a $45.00 target price for the company. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $66.89.

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.