Fuller & Thaler Asset Management Inc. Has $134,000 Stock Position in Super Micro Computer, Inc. (NASDAQ:SMCI)

Fuller & Thaler Asset Management Inc. grew its stake in Super Micro Computer, Inc. (NASDAQ:SMCI) by 872.6% during the 4th quarter, HoldingsChannel reports. The firm owned 4,396 shares of the company’s stock after acquiring an additional 3,944 shares during the quarter. Fuller & Thaler Asset Management Inc.’s holdings in Super Micro Computer were worth $134,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Shelton Capital Management raised its stake in Super Micro Computer by 6.5% during the fourth quarter. Shelton Capital Management now owns 7,880 shares of the company’s stock worth $240,000 after acquiring an additional 480 shares in the last quarter. AlphaQuest LLC grew its holdings in shares of Super Micro Computer by 233.0% in the 4th quarter. AlphaQuest LLC now owns 1,089 shares of the company’s stock worth $33,000 after purchasing an additional 762 shares during the last quarter. Blue Trust Inc. increased its position in shares of Super Micro Computer by 203.2% during the 4th quarter. Blue Trust Inc. now owns 1,231 shares of the company’s stock worth $38,000 after purchasing an additional 825 shares in the last quarter. Montag A & Associates Inc. lifted its holdings in Super Micro Computer by 103.6% during the 4th quarter. Montag A & Associates Inc. now owns 1,700 shares of the company’s stock valued at $52,000 after purchasing an additional 865 shares during the last quarter. Finally, Larson Financial Group LLC boosted its position in Super Micro Computer by 902.0% in the fourth quarter. Larson Financial Group LLC now owns 992 shares of the company’s stock valued at $30,000 after buying an additional 893 shares in the last quarter. 84.06% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on SMCI shares. Barclays began coverage on shares of Super Micro Computer in a report on Thursday, February 27th. They set an “equal weight” rating and a $59.00 price objective for the company. Northland Securities set a $70.00 price target on Super Micro Computer in a report on Thursday, March 6th. Loop Capital reissued a “buy” rating on shares of Super Micro Computer in a research note on Tuesday, February 18th. Cfra upgraded Super Micro Computer from a “hold” rating to a “buy” rating and set a $48.00 target price for the company in a research note on Tuesday, February 11th. Finally, Rosenblatt Securities started coverage on shares of Super Micro Computer in a research report on Monday, March 10th. They set a “buy” rating and a $60.00 price target on the stock. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Super Micro Computer currently has an average rating of “Hold” and an average price target of $51.67.

Insider Buying and Selling at Super Micro Computer

In other news, SVP George Kao sold 71,720 shares of the company’s stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $50.48, for a total value of $3,620,425.60. Following the completion of the sale, the senior vice president now directly owns 19,449 shares of the company’s stock, valued at $981,785.52. This represents a 78.67 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through 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 stock was sold at an average price of $50.17, for a total transaction of $2,322,519.81. Following the transaction, the chief executive officer now directly owns 67,403,640 shares in the company, valued at $3,381,640,618.80. The trade was a 0.07 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 137,473 shares of company stock worth $6,771,552. Insiders own 17.60% of the company’s stock.

Super Micro Computer Trading Up 1.8 %

Shares of NASDAQ SMCI opened at $36.47 on Friday. Super Micro Computer, Inc. has a fifty-two week low of $17.25 and a fifty-two week high of $101.40. The firm has a market capitalization of $21.64 billion, a P/E ratio of 18.31 and a beta of 1.22. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.77 and a quick ratio of 1.93. The company’s 50 day simple moving average is $38.37 and its 200 day simple moving average is $36.13.

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.