Super Micro Computer, Inc. (NASDAQ:SMCI) Shares Purchased by B & T Capital Management DBA Alpha Capital Management

B & T Capital Management DBA Alpha Capital Management grew its holdings in shares of Super Micro Computer, Inc. (NASDAQ:SMCI) by 2,129.8% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 12,777 shares of the company’s stock after acquiring an additional 12,204 shares during the period. B & T Capital Management DBA Alpha Capital Management’s holdings in Super Micro Computer were worth $389,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in SMCI. Kathmere Capital Management LLC increased its position in shares of Super Micro Computer by 5.0% in the 2nd quarter. Kathmere Capital Management LLC now owns 379 shares of the company’s stock worth $311,000 after purchasing an additional 18 shares during the last quarter. Mount Yale Investment Advisors LLC grew its position in shares of 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 in the last quarter. Steel Grove Capital Advisors LLC raised its position in shares of Super Micro Computer by 3.9% during the 2nd quarter. Steel Grove Capital Advisors LLC now owns 790 shares of the company’s stock valued at $647,000 after acquiring an additional 30 shares in the last quarter. Resources Management Corp CT ADV lifted its stake in Super Micro Computer by 100.0% during the second quarter. Resources Management Corp CT ADV now owns 60 shares of the company’s stock worth $49,000 after purchasing an additional 30 shares during the last quarter. Finally, Harmony Asset Management LLC boosted its holdings in Super Micro Computer by 0.6% in the second quarter. Harmony Asset Management LLC now owns 6,187 shares of the company’s stock worth $5,069,000 after purchasing an additional 39 shares during the period. Institutional investors own 84.06% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on SMCI shares. JPMorgan Chase & Co. cut shares of 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 report on Wednesday, November 6th. The Goldman Sachs Group cut their target price on shares of Super Micro Computer from $67.50 to $28.00 and set a “neutral” rating on the stock in a report on Wednesday, November 6th. Loop Capital lowered their target price on Super Micro Computer from $150.00 to $100.00 and set a “buy” rating for the company in a report on Monday, September 23rd. StockNews.com downgraded Super Micro Computer from a “hold” rating to a “sell” rating in a report on Wednesday, October 9th. Finally, Northland Capmk upgraded Super Micro Computer to a “strong-buy” rating in a research note on Friday, December 20th. Three research analysts have rated the stock with a sell rating, eleven have issued a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $66.89.

Super Micro Computer Trading Down 1.0 %

Shares of NASDAQ:SMCI opened at $30.82 on Friday. The company has a 50 day moving average of $32.59 and a 200-day moving average of $47.18. The company has a current ratio of 3.77, a quick ratio of 1.93 and a debt-to-equity ratio of 0.32. The firm has a market cap of $17.24 billion, a P/E ratio of 15.47 and a beta of 1.31. Super Micro Computer, Inc. has a twelve month low of $17.25 and a twelve month high of $122.90.

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.