Squarepoint Ops LLC Has $786,000 Stake in Super Micro Computer, Inc. (NASDAQ:SMCI)


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Squarepoint Ops LLC grew its holdings in shares of Super Micro Computer, Inc. (NASDAQ:SMCI) by 137.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 24,825 shares of the company’s stock after acquiring an additional 14,392 shares during the quarter. Squarepoint Ops LLC’s holdings in Super Micro Computer were worth $786,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of SMCI. Fuller & Thaler Asset Management Inc. acquired a new position in Super Micro Computer during the fourth quarter worth about $11,061,000. Morgan Stanley raised its stake in Super Micro Computer by 2,949.6% during the fourth quarter. Morgan Stanley now owns 148,943 shares of the company’s stock worth $4,716,000 after acquiring an additional 144,059 shares in the last quarter. Pzena Investment Management LLC raised its stake in Super Micro Computer by 14.7% during the fourth quarter. Pzena Investment Management LLC now owns 996,424 shares of the company’s stock worth $31,547,000 after acquiring an additional 127,962 shares in the last quarter. Emerald Advisers LLC raised its stake in Super Micro Computer by 55.7% during the fourth quarter. Emerald Advisers LLC now owns 292,427 shares of the company’s stock worth $9,258,000 after acquiring an additional 104,561 shares in the last quarter. Finally, Emerald Mutual Fund Advisers Trust raised its stake in Super Micro Computer by 54.6% during the fourth quarter. Emerald Mutual Fund Advisers Trust now owns 271,594 shares of the company’s stock worth $8,599,000 after acquiring an additional 95,902 shares in the last quarter. 75.22% of the stock is owned by hedge funds and other institutional investors.

Several research analysts have recently issued reports on the company. Zacks Investment Research downgraded Super Micro Computer from a “hold” rating to a “sell” rating in a research note on Wednesday, December 23rd. Loop Capital upped their price objective on Super Micro Computer from $40.00 to $45.00 and gave the company a “buy” rating in a research note on Monday, March 8th.

In other Super Micro Computer news, CEO Charles Liang sold 60,126 shares of the stock in a transaction that occurred on Monday, April 5th. The shares were sold at an average price of $40.02, for a total transaction of $2,406,242.52. Following the completion of the sale, the chief executive officer now owns 6,648,929 shares of the company’s stock, valued at approximately $266,090,138.58. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 16.70% of the company’s stock.

NASDAQ:SMCI opened at $39.34 on Thursday. The company has a market capitalization of $1.99 billion, a PE ratio of 24.90 and a beta of 1.30. The company has a 50 day simple moving average of $35.78 and a two-hundred day simple moving average of $32.03. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.20 and a current ratio of 2.51. Super Micro Computer, Inc. has a fifty-two week low of $20.07 and a fifty-two week high of $40.33.

Super Micro Computer (NASDAQ:SMCI) last released its earnings results on Monday, February 1st. The company reported $0.63 earnings per share for the quarter, beating analysts’ consensus estimates of $0.44 by $0.19. The business had revenue of $830.31 million during the quarter, compared to the consensus estimate of $827.00 million. Super Micro Computer had a net margin of 2.56% and a return on equity of 12.14%. Research analysts predict that Super Micro Computer, Inc. will post 1.93 EPS for the current year.

Super Micro Computer Company Profile

Super Micro Computer, Inc, together with its subsidiaries, develops and manufactures high-performance server and storage solutions based on modular and open architecture. Its solutions range from complete server, storage, modular blade servers, blades, workstations, full racks, networking devices, server management software, and server sub-systems, as well as support and services.

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Institutional Ownership by Quarter for Super Micro Computer (NASDAQ:SMCI)

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