B. Metzler seel. Sohn & Co. Holding AG Invests $548,000 in Super Micro Computer, Inc. (NASDAQ:SMCI)

B. Metzler seel. Sohn & Co. Holding AG bought a new stake in Super Micro Computer, Inc. (NASDAQ:SMCI) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 1,317 shares of the company’s stock, valued at approximately $548,000.

Other hedge funds have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC raised its holdings in Super Micro Computer by 63,634.1% during the third quarter. International Assets Investment Management LLC now owns 916,496 shares of the company’s stock worth $381,629,000 after purchasing an additional 915,058 shares in the last quarter. Van ECK Associates Corp raised its stake in shares of Super Micro Computer by 1,169.5% in the 3rd quarter. Van ECK Associates Corp now owns 134,670 shares of the company’s stock worth $56,077,000 after buying an additional 124,062 shares in the last quarter. American Century Companies Inc. lifted its holdings in shares of Super Micro Computer by 511.9% in the second quarter. American Century Companies Inc. now owns 131,855 shares of the company’s stock valued at $108,035,000 after buying an additional 110,308 shares during the period. Inspire Investing LLC boosted its stake in Super Micro Computer by 1,730.3% during the third quarter. Inspire Investing LLC now owns 107,421 shares of the company’s stock valued at $44,730,000 after buying an additional 101,552 shares in the last quarter. Finally, Assetmark Inc. grew its holdings in Super Micro Computer by 164.8% during the third quarter. Assetmark Inc. now owns 150,333 shares of the company’s stock worth $62,599,000 after acquiring an additional 93,569 shares during the period. Institutional investors own 84.06% of the company’s stock.

Super Micro Computer Stock Performance

Shares of NASDAQ:SMCI opened at $33.15 on Monday. The stock has a market capitalization of $18.54 billion, a P/E ratio of 16.66 and a beta of 1.28. The company has a current ratio of 3.77, a quick ratio of 1.93 and a debt-to-equity ratio of 0.32. Super Micro Computer, Inc. has a 1-year low of $17.25 and a 1-year high of $122.90. The business has a 50-day moving average price of $38.23 and a two-hundred day moving average price of $60.66.

Wall Street Analysts Forecast Growth

SMCI has been the subject of several research reports. Rosenblatt Securities restated a “buy” rating and set a $130.00 price objective on shares of Super Micro Computer in a research report on Wednesday, August 7th. Needham & Company LLC assumed coverage on shares of Super Micro Computer in a research report on Wednesday, September 18th. They issued a “buy” rating and a $60.00 price target on the stock. JPMorgan Chase & Co. downgraded Super Micro Computer from a “neutral” rating to an “underweight” rating and cut their price objective for the company from $50.00 to $23.00 in a research report on Wednesday, November 6th. Loop Capital decreased their target price on Super Micro Computer from $150.00 to $100.00 and set a “buy” rating on the stock in a report on Monday, September 23rd. Finally, Mizuho began coverage on Super Micro Computer in a report on Tuesday, September 17th. They set a “neutral” rating and a $45.00 target price for the company. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, Super Micro Computer currently has a consensus rating of “Hold” and an average price target of $66.89.

Super Micro Computer Company 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.