Tradewinds Capital Management LLC Acquires New Holdings in Super Micro Computer, Inc. (NASDAQ:SMCI)

Tradewinds Capital Management LLC bought a new position in Super Micro Computer, Inc. (NASDAQ:SMCI) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 15,122 shares of the company’s stock, valued at approximately $461,000.

A number of other hedge funds also recently made changes to their positions in SMCI. Rakuten Securities Inc. lifted its stake in shares of Super Micro Computer by 391.8% in the 3rd quarter. Rakuten Securities Inc. now owns 76,660 shares of the company’s stock worth $31,921,000 after acquiring an additional 61,071 shares during the period. Assetmark Inc. boosted its stake in Super Micro Computer by 164.8% during the 3rd quarter. Assetmark Inc. now owns 150,333 shares of the company’s stock valued at $62,599,000 after purchasing an additional 93,569 shares in the last quarter. Clear Creek Financial Management LLC acquired a new position in shares of Super Micro Computer during the 4th quarter valued at $635,000. Nepsis Inc. bought a new stake in shares of Super Micro Computer in the 4th quarter worth $13,625,000. Finally, Sanctuary Advisors LLC lifted its holdings in shares of Super Micro Computer by 254.7% in the third quarter. Sanctuary Advisors LLC now owns 30,634 shares of the company’s stock valued at $12,756,000 after buying an additional 21,997 shares during the period. Institutional investors own 84.06% of the company’s stock.

Wall Street Analysts Forecast Growth

SMCI has been the topic of a number of research analyst reports. Northland Capmk raised Super Micro Computer to a “strong-buy” rating in a report on Friday, December 20th. Wedbush reiterated a “hold” rating on shares of Super Micro Computer in a report on Tuesday. Cfra upgraded shares of Super Micro Computer from a “hold” rating to a “buy” rating and set a $48.00 price target on the stock in a research report on Tuesday, February 11th. Argus downgraded Super Micro Computer from a “buy” rating to a “hold” rating in a research report on Thursday, October 31st. Finally, The Goldman Sachs Group cut their target price on Super Micro Computer from $67.50 to $28.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 6th. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating, five have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Super Micro Computer currently has an average rating of “Hold” and an average target price of $60.20.

Super Micro Computer Price Performance

Shares of NASDAQ:SMCI opened at $56.07 on Friday. The firm has a market cap of $32.83 billion, a price-to-earnings ratio of 28.15 and a beta of 1.30. Super Micro Computer, Inc. has a 1 year low of $17.25 and a 1 year high of $122.90. 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 business has a fifty day simple moving average of $35.23 and a 200 day simple moving average of $39.82.

About Super Micro Computer

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.