NEOS Investment Management LLC Makes New $377,000 Investment in Super Micro Computer, Inc. (NASDAQ:SMCI)

NEOS Investment Management LLC acquired a new stake in Super Micro Computer, Inc. (NASDAQ:SMCI) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 12,384 shares of the company’s stock, valued at approximately $377,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Salem Investment Counselors Inc. bought a new position in shares of Super Micro Computer during the fourth quarter valued at about $30,000. Trust Co. of Vermont grew its position in Super Micro Computer by 900.0% during the 4th quarter. Trust Co. of Vermont now owns 1,000 shares of the company’s stock worth $30,000 after acquiring an additional 900 shares during the last quarter. Parkside Financial Bank & Trust increased its stake in Super Micro Computer by 2,890.9% in the 4th quarter. Parkside Financial Bank & Trust now owns 987 shares of the company’s stock worth $30,000 after purchasing an additional 954 shares during the period. Larson Financial Group LLC increased its stake in Super Micro Computer by 902.0% in the 4th quarter. Larson Financial Group LLC now owns 992 shares of the company’s stock worth $30,000 after purchasing an additional 893 shares during the period. Finally, Toth Financial Advisory Corp bought a new stake in Super Micro Computer in the fourth quarter valued at approximately $31,000. Institutional investors own 84.06% of the company’s stock.

Insider Transactions at Super Micro Computer

In other Super Micro Computer news, CEO Charles Liang sold 46,293 shares of the business’s stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $50.17, for a total value of $2,322,519.81. Following the sale, the chief executive officer now directly owns 67,403,640 shares of the company’s stock, valued at approximately $3,381,640,618.80. The trade was a 0.07 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Robert L. Blair sold 19,460 shares of the firm’s stock in a transaction on Friday, February 28th. The shares were 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. Insiders have sold a total of 137,473 shares of company stock valued at $6,771,552 in the last ninety days. 17.60% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research analysts recently commented on SMCI shares. JPMorgan Chase & Co. raised shares of Super Micro Computer from an “underweight” rating to a “neutral” rating and lifted their target price for the stock from $35.00 to $45.00 in a research note on Friday, March 21st. StockNews.com upgraded shares of Super Micro Computer to a “sell” rating in a research report on Friday, February 28th. Barclays started coverage on shares of Super Micro Computer in a report on Thursday, February 27th. They set an “equal weight” rating and a $59.00 target price for the company. The Goldman Sachs Group downgraded Super Micro Computer from a “neutral” rating to a “sell” rating and reduced their price target for the company from $40.00 to $32.00 in a report on Monday, March 24th. Finally, Cfra upgraded Super Micro Computer from a “hold” rating to a “buy” rating and set a $48.00 price objective for the company in a report on Tuesday, February 11th. Three analysts have rated the stock with a sell rating, ten have given a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $53.00.

Super Micro Computer Trading Down 0.1 %

Shares of NASDAQ SMCI opened at $34.24 on Tuesday. The stock has a market cap of $20.32 billion, a P/E ratio of 17.19 and a beta of 1.21. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.77 and a quick ratio of 1.93. Super Micro Computer, Inc. has a 1 year low of $17.25 and a 1 year high of $106.90. The firm has a 50-day moving average of $39.40 and a 200 day moving average of $37.65.

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.