VitalStone Financial LLC Has $35,000 Holdings in Super Micro Computer, Inc. (NASDAQ:SMCI)

VitalStone Financial LLC lifted its position in shares of Super Micro Computer, Inc. (NASDAQ:SMCI) by 250.0% during the 1st quarter, Holdings Channel.com reports. The firm owned 35 shares of the company’s stock after purchasing an additional 25 shares during the quarter. VitalStone Financial LLC’s holdings in Super Micro Computer were worth $35,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the company. Sound Income Strategies LLC grew its holdings in shares of Super Micro Computer by 14.4% during the 1st quarter. Sound Income Strategies LLC now owns 103 shares of the company’s stock worth $104,000 after purchasing an additional 13 shares in the last quarter. Versant Capital Management Inc grew its holdings in shares of Super Micro Computer by 42.9% during the 1st quarter. Versant Capital Management Inc now owns 50 shares of the company’s stock worth $51,000 after purchasing an additional 15 shares in the last quarter. TFC Financial Management Inc. grew its holdings in shares of Super Micro Computer by 23.1% during the 1st quarter. TFC Financial Management Inc. now owns 80 shares of the company’s stock worth $81,000 after purchasing an additional 15 shares in the last quarter. Valeo Financial Advisors LLC grew its holdings in shares of Super Micro Computer by 1.3% during the 1st quarter. Valeo Financial Advisors LLC now owns 1,270 shares of the company’s stock worth $1,283,000 after purchasing an additional 16 shares in the last quarter. Finally, Crossmark Global Holdings Inc. grew its holdings in shares of Super Micro Computer by 0.4% during the 4th quarter. Crossmark Global Holdings Inc. now owns 4,078 shares of the company’s stock worth $1,160,000 after purchasing an additional 18 shares in the last quarter. Institutional investors and hedge funds own 84.06% of the company’s stock.

Insider Activity at Super Micro Computer

In related news, Director Liang Chiu-Chu Sara Liu sold 525 shares of the company’s stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $869.62, for a total value of $456,550.50. Following the completion of the sale, the director now owns 3,459 shares in the company, valued at $3,008,015.58. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other Super Micro Computer news, Director Liang Chiu-Chu Sara Liu sold 525 shares of the stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $869.62, for a total value of $456,550.50. Following the completion of the sale, the director now directly owns 3,459 shares in the company, valued at $3,008,015.58. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Tally C. Liu sold 500 shares of the stock in a transaction dated Thursday, May 30th. The stock was sold at an average price of $839.17, for a total value of $419,585.00. Following the completion of the sale, the director now owns 27,813 shares of the company’s stock, valued at $23,339,835.21. The disclosure for this sale can be found here. Over the last quarter, insiders sold 1,325 shares of company stock worth $1,116,736. 17.60% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities analysts recently commented on the company. Northland Securities raised their target price on Super Micro Computer from $925.00 to $1,300.00 and gave the stock an “outperform” rating in a research report on Monday, March 25th. Wells Fargo & Company cut their target price on Super Micro Computer from $960.00 to $890.00 and set an “equal weight” rating for the company in a research report on Wednesday, May 1st. The Goldman Sachs Group cut their target price on Super Micro Computer from $937.00 to $800.00 and set a “neutral” rating for the company in a research report on Wednesday, May 1st. Wedbush raised their target price on Super Micro Computer from $530.00 to $800.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 1st. Finally, Nomura downgraded Super Micro Computer from a “buy” rating to a “neutral” rating and set a $930.00 target price for the company. in a research report on Wednesday. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, Super Micro Computer presently has a consensus rating of “Hold” and an average target price of $994.15.

Super Micro Computer Trading Up 2.8 %

Shares of SMCI traded up $24.73 during trading hours on Friday, hitting $913.95. 2,999,411 shares of the stock traded hands, compared to its average volume of 8,448,726. The business has a fifty day moving average of $845.87 and a 200-day moving average of $777.89. The firm has a market capitalization of $51.12 billion, a PE ratio of 51.46, a price-to-earnings-growth ratio of 0.57 and a beta of 1.27. The company has a current ratio of 4.69, a quick ratio of 2.29 and a debt-to-equity ratio of 0.35. Super Micro Computer, Inc. has a 1-year low of $226.59 and a 1-year high of $1,229.00.

Super Micro Computer (NASDAQ:SMCI) last released its quarterly earnings data on Tuesday, April 30th. The company reported $6.56 EPS for the quarter, beating analysts’ consensus estimates of $5.42 by $1.14. The business had revenue of $3.85 billion during the quarter, compared to the consensus estimate of $3.96 billion. Super Micro Computer had a return on equity of 34.09% and a net margin of 8.88%. Analysts expect that Super Micro Computer, Inc. will post 21.11 EPS for the current year.

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.