Super Micro Computer, Inc. (NASDAQ:SMCI) Stake Boosted by Blueshift Asset Management LLC

Blueshift Asset Management LLC raised its stake in Super Micro Computer, Inc. (NASDAQ:SMCI) by 283.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,081 shares of the company’s stock after acquiring an additional 5,972 shares during the period. Blueshift Asset Management LLC’s holdings in Super Micro Computer were worth $246,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in SMCI. Charles Schwab Investment Management Inc. increased its holdings in shares of Super Micro Computer by 968.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,651,134 shares of the company’s stock worth $111,287,000 after acquiring an additional 3,309,398 shares during the period. Bank of New York Mellon Corp raised its stake in Super Micro Computer by 798.1% during the 4th quarter. Bank of New York Mellon Corp now owns 2,944,620 shares of the company’s stock valued at $89,752,000 after purchasing an additional 2,616,757 shares during the period. Swiss National Bank grew its holdings in shares of Super Micro Computer by 851.9% during the fourth quarter. Swiss National Bank now owns 1,488,800 shares of the company’s stock valued at $45,379,000 after buying an additional 1,332,400 shares in the last quarter. Amundi acquired a new position in Super Micro Computer during the fourth quarter valued at $41,563,000. Finally, Sumitomo Mitsui Trust Group Inc. grew its stake in Super Micro Computer by 956.6% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,317,018 shares of the company’s stock valued at $40,143,000 after acquiring an additional 1,192,366 shares in the last quarter. 84.06% of the stock is owned by institutional investors.

Insider Buying and Selling at Super Micro Computer

In related news, SVP George Kao sold 71,720 shares of Super Micro Computer stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $50.48, for a total transaction of $3,620,425.60. Following the completion of the transaction, the senior vice president now directly owns 19,449 shares of the company’s stock, valued at $981,785.52. This trade represents a 78.67 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Charles Liang sold 46,293 shares of Super Micro Computer stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of $50.17, for a total transaction of $2,322,519.81. Following the completion of the transaction, the chief executive officer now owns 67,403,640 shares of the company’s stock, valued at $3,381,640,618.80. This trade represents a 0.07 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 137,473 shares of company stock valued at $6,771,552 in the last 90 days. 17.60% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Loop Capital restated a “buy” rating on shares of Super Micro Computer in a report on Tuesday, February 18th. StockNews.com upgraded shares of Super Micro Computer to a “sell” rating in a research note on Friday, February 28th. The Goldman Sachs Group boosted their price target on Super Micro Computer from $32.00 to $36.00 and gave the stock a “neutral” rating in a research report on Monday, February 24th. Northland Capmk raised Super Micro Computer to a “strong-buy” rating in a research note on Friday, December 20th. Finally, Northland Securities set a $70.00 price target on Super Micro Computer in a report on Thursday, March 6th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $53.29.

Super Micro Computer Stock Performance

SMCI opened at $42.15 on Friday. The stock’s 50 day simple moving average is $38.66 and its 200-day simple moving average is $37.92. The company has a current ratio of 3.77, a quick ratio of 1.93 and a debt-to-equity ratio of 0.32. The stock has a market cap of $25.02 billion, a PE ratio of 21.16 and a beta of 1.21. Super Micro Computer, Inc. has a 1 year low of $17.25 and a 1 year high of $110.61.

About Super Micro Computer

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.