Teamwork Financial Advisors LLC Grows Stock Holdings in Super Micro Computer, Inc. (NASDAQ:SMCI)

Teamwork Financial Advisors LLC grew its holdings in Super Micro Computer, Inc. (NASDAQ:SMCI) by 747.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 39,480 shares of the company’s stock after acquiring an additional 34,824 shares during the period. Teamwork Financial Advisors LLC’s holdings in Super Micro Computer were worth $1,203,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in SMCI. Kathmere Capital Management LLC raised its position in Super Micro Computer by 5.0% in the second quarter. Kathmere Capital Management LLC now owns 379 shares of the company’s stock valued at $311,000 after purchasing an additional 18 shares during the period. Mount Yale Investment Advisors LLC boosted its holdings in Super Micro Computer by 7.0% in the 2nd quarter. Mount Yale Investment Advisors LLC now owns 428 shares of the company’s stock worth $351,000 after acquiring an additional 28 shares during the period. Resources Management Corp CT ADV boosted its holdings in Super Micro Computer by 100.0% in the 2nd quarter. Resources Management Corp CT ADV now owns 60 shares of the company’s stock worth $49,000 after acquiring an additional 30 shares during the period. Anchor Investment Management LLC grew its position in Super Micro Computer by 13.7% in the second quarter. Anchor Investment Management LLC now owns 324 shares of the company’s stock valued at $265,000 after acquiring an additional 39 shares in the last quarter. Finally, Clear Point Advisors Inc. lifted its position in shares of Super Micro Computer by 471.4% during the second quarter. Clear Point Advisors Inc. now owns 80 shares of the company’s stock worth $66,000 after purchasing an additional 66 shares in the last quarter. Institutional investors and hedge funds own 84.06% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. StockNews.com downgraded shares of Super Micro Computer from a “hold” rating to a “sell” rating in a research note on Wednesday, October 9th. JPMorgan Chase & Co. lowered Super Micro Computer from a “neutral” rating to an “underweight” rating and dropped their target price for the stock from $50.00 to $23.00 in a research report on Wednesday, November 6th. Barclays reduced their price target 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. Wedbush restated a “neutral” rating and set a $32.00 price objective (down previously from $62.00) on shares of Super Micro Computer in a research note on Monday, November 4th. Finally, Northland Capmk raised Super Micro Computer to a “strong-buy” rating in a research report on Friday, December 20th. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $66.89.

Super Micro Computer Price Performance

SMCI opened at $33.86 on Thursday. The company has a quick ratio of 1.93, a current ratio of 3.77 and a debt-to-equity ratio of 0.32. The company’s 50-day moving average price is $33.22 and its 200 day moving average price is $45.58. Super Micro Computer, Inc. has a fifty-two week low of $17.25 and a fifty-two week high of $122.90. The firm has a market cap of $18.94 billion, a price-to-earnings ratio of 17.00 and a beta of 1.31.

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.