Super Micro Computer, Inc. (SMCI) Position Boosted by Disciplined Growth Investors Inc. MN

Disciplined Growth Investors Inc. MN boosted its position in shares of Super Micro Computer, Inc. (NASDAQ:SMCI) by 2.2% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,376,300 shares of the company’s stock after buying an additional 50,825 shares during the period. Super Micro Computer accounts for approximately 1.5% of Disciplined Growth Investors Inc. MN’s holdings, making the stock its 27th largest position. Disciplined Growth Investors Inc. MN owned about 4.92% of Super Micro Computer worth $66,655,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently made changes to their positions in the stock. Teacher Retirement System of Texas boosted its stake in shares of Super Micro Computer by 13.7% in the second quarter. Teacher Retirement System of Texas now owns 5,331 shares of the company’s stock worth $132,000 after buying an additional 644 shares in the last quarter. Municipal Employees Retirement System of Michigan boosted its stake in shares of Super Micro Computer by 1.7% in the third quarter. Municipal Employees Retirement System of Michigan now owns 8,270 shares of the company’s stock worth $193,000 after buying an additional 140 shares in the last quarter. Partnervest Advisory Services LLC boosted its stake in shares of Super Micro Computer by 7.5% in the second quarter. Partnervest Advisory Services LLC now owns 10,144 shares of the company’s stock worth $252,000 after buying an additional 710 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Super Micro Computer by 1,290.8% in the second quarter. JPMorgan Chase & Co. now owns 14,395 shares of the company’s stock worth $358,000 after buying an additional 13,360 shares in the last quarter. Finally, Louisiana State Employees Retirement System boosted its stake in shares of Super Micro Computer by 1.8% in the third quarter. Louisiana State Employees Retirement System now owns 16,800 shares of the company’s stock worth $393,000 after buying an additional 300 shares in the last quarter. Hedge funds and other institutional investors own 68.61% of the company’s stock.

Institutional Ownership by Quarter for Super Micro Computer (NASDAQ:SMCI)

Super Micro Computer, Inc. (NASDAQ:SMCI) traded up 1.31% during trading on Tuesday, reaching $27.05. 285,976 shares of the company were exchanged. The firm’s 50 day moving average price is $27.39 and its 200-day moving average price is $24.57. Super Micro Computer, Inc. has a one year low of $18.60 and a one year high of $34.69. The stock has a market capitalization of $1.31 billion, a price-to-earnings ratio of 23.69 and a beta of 0.27.

Super Micro Computer (NASDAQ:SMCI) last posted its earnings results on Thursday, January 26th. The company reported $0.48 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.46 by $0.02. Super Micro Computer had a net margin of 2.64% and a return on equity of 8.14%. The firm earned $651.90 million during the quarter, compared to analyst estimates of $608.40 million. During the same quarter in the prior year, the business posted $0.73 EPS. The business’s revenue was up 2.0% compared to the same quarter last year. On average, equities research analysts predict that Super Micro Computer, Inc. will post $1.63 earnings per share for the current year.

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A number of analysts have commented on the stock. Roth Capital upgraded shares of Super Micro Computer from a “neutral” rating to a “buy” rating in a research note on Friday, January 20th. DA Davidson upgraded shares of Super Micro Computer from a “neutral” rating to a “buy” rating and increased their price target for the company from $25.00 to $32.00 in a research note on Wednesday, November 30th. Susquehanna Bancshares Inc increased their price target on shares of Super Micro Computer from $27.00 to $33.00 and gave the company a “positive” rating in a research note on Friday, January 27th. Maxim Group raised their target price on shares of Super Micro Computer from $37.00 to $40.00 and gave the stock a “buy” rating in a research note on Friday, January 27th. Finally, Stifel Nicolaus raised their target price on shares of Super Micro Computer from $21.00 to $30.00 and gave the stock a “hold” rating in a research note on Friday, January 27th. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $31.63.

About Super Micro Computer

Super Micro Computer, Inc is engaged in developing and providing end-to-end green computing solutions to the cloud computing, data center, enterprise information technology (IT), big data, high performance computing (HPC) and Internet of Things (IoT)/embedded markets. The Company’s solutions range from server, storage, blade and workstations to full racks, networking devices, server management software and technology support and services.

5 Day Chart for NASDAQ:SMCI

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