Super Micro Computer, Inc. (NASDAQ:SMCI) Shares Acquired by Ensign Peak Advisors Inc

Ensign Peak Advisors Inc increased its holdings in Super Micro Computer, Inc. (NASDAQ:SMCI) by 1,447.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 457,050 shares of the company’s stock after buying an additional 427,507 shares during the period. Ensign Peak Advisors Inc’s holdings in Super Micro Computer were worth $13,931,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. Wahed Invest LLC raised its stake in Super Micro Computer by 2.9% during the fourth quarter. Wahed Invest LLC now owns 12,362 shares of the company’s stock worth $377,000 after purchasing an additional 352 shares during the period. Shelton Capital Management grew its stake in shares of Super Micro Computer by 6.5% during the 4th quarter. Shelton Capital Management now owns 7,880 shares of the company’s stock valued at $240,000 after buying an additional 480 shares during the period. AlphaQuest LLC increased its holdings in shares of Super Micro Computer by 233.0% during the 4th quarter. AlphaQuest LLC now owns 1,089 shares of the company’s stock worth $33,000 after buying an additional 762 shares during the last quarter. Blue Trust Inc. raised its position in shares of Super Micro Computer by 203.2% in the 4th quarter. Blue Trust Inc. now owns 1,231 shares of the company’s stock worth $38,000 after buying an additional 825 shares during the period. Finally, Montag A & Associates Inc. raised its position in shares of Super Micro Computer by 103.6% in the 4th quarter. Montag A & Associates Inc. now owns 1,700 shares of the company’s stock worth $52,000 after buying an additional 865 shares during the period. 84.06% of the stock is owned by institutional investors and hedge funds.

Super Micro Computer Stock Performance

NASDAQ:SMCI opened at $32.02 on Monday. The firm has a 50-day moving average of $35.37 and a two-hundred day moving average of $35.09. 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 stock has a market cap of $19.11 billion, a P/E ratio of 16.07 and a beta of 1.36. Super Micro Computer, Inc. has a 1-year low of $17.25 and a 1-year high of $101.40.

Super Micro Computer (NASDAQ:SMCI) last issued its quarterly earnings data on Tuesday, May 6th. The company reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.30 by $0.01. Super Micro Computer had a return on equity of 30.57% and a net margin of 8.09%. The firm had revenue of $4.60 billion during the quarter, compared to analyst estimates of $5.40 billion. During the same quarter last year, the firm earned $0.66 EPS. Super Micro Computer’s quarterly revenue was up 19.5% on a year-over-year basis. On average, research analysts expect that Super Micro Computer, Inc. will post 1.86 earnings per share for the current fiscal year.

Insider Transactions at Super Micro Computer

In other news, SVP George Kao sold 71,720 shares of the 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 transaction, the senior vice president now owns 19,449 shares of the company’s stock, valued at approximately $981,785.52. This trade represents a 78.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Robert L. Blair sold 19,460 shares of Super Micro Computer stock in a transaction dated Friday, February 28th. The stock was sold at an average price of $42.58, for a total value of $828,606.80. The disclosure for this sale can be found here. Over the last quarter, insiders sold 137,473 shares of company stock valued at $6,771,552. 17.60% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the company. Wedbush restated a “neutral” rating and set a $30.00 price target (down from $40.00) on shares of Super Micro Computer in a research note on Wednesday, May 7th. Cfra upgraded shares of Super Micro Computer from a “hold” rating to a “buy” rating and set a $48.00 price target on the stock in a report on Tuesday, February 11th. Citigroup initiated coverage on shares of Super Micro Computer in a research note on Tuesday, May 6th. They set a “neutral” rating and a $39.00 price objective for the company. Needham & Company LLC reissued a “buy” rating and issued a $39.00 price objective on shares of Super Micro Computer in a research report on Wednesday, May 7th. Finally, Rosenblatt Securities cut their target price on shares of Super Micro Computer from $55.00 to $50.00 and set a “buy” rating on the stock in a research note on Wednesday, May 7th. Three 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 data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $45.53.

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.