Swiss National Bank grew its stake in shares of Super Micro Computer, Inc. (NASDAQ:SMCI – Free Report) by 851.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,488,800 shares of the company’s stock after buying an additional 1,332,400 shares during the period. Swiss National Bank owned 0.25% of Super Micro Computer worth $45,379,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also recently modified their holdings of the company. Charles Schwab Investment Management Inc. grew its holdings in shares of Super Micro Computer by 968.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,651,134 shares of the company’s stock valued at $111,287,000 after purchasing an additional 3,309,398 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Super Micro Computer by 798.1% in the fourth quarter. Bank of New York Mellon Corp now owns 2,944,620 shares of the company’s stock valued at $89,752,000 after purchasing an additional 2,616,757 shares in the last quarter. Amundi purchased a new position in shares of Super Micro Computer in the fourth quarter valued at $41,563,000. Sumitomo Mitsui Trust Group Inc. grew its holdings in shares of Super Micro Computer by 956.6% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,317,018 shares of the company’s stock valued at $40,143,000 after purchasing an additional 1,192,366 shares in the last quarter. Finally, National Pension Service purchased a new position in shares of Super Micro Computer in the fourth quarter valued at $28,932,000. Institutional investors own 84.06% of the company’s stock.
Insiders Place Their Bets
In other news, SVP George Kao sold 71,720 shares of the business’s stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $50.48, for a total transaction of $3,620,425.60. Following the sale, the senior vice president now owns 19,449 shares in the company, valued at approximately $981,785.52. The trade was a 78.67 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Robert L. Blair sold 19,460 shares of the business’s 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 ninety days, insiders sold 137,473 shares of company stock worth $6,771,552. 17.60% of the stock is owned by corporate insiders.
Analysts Set New Price Targets
Check Out Our Latest Analysis on Super Micro Computer
Super Micro Computer Stock Performance
Shares of Super Micro Computer stock opened at $42.17 on Monday. The company has a market capitalization of $25.03 billion, a PE ratio of 21.17 and a beta of 1.21. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.93 and a current ratio of 3.77. The company has a 50-day simple moving average of $38.01 and a two-hundred day simple moving average of $37.98. Super Micro Computer, Inc. has a one year low of $17.25 and a one year high of $114.78.
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.
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