Sivia Capital Partners LLC Takes $368,000 Position in Super Micro Computer, Inc. (NASDAQ:SMCI)

Sivia Capital Partners LLC acquired a new stake in shares of Super Micro Computer, Inc. (NASDAQ:SMCI) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 364 shares of the company’s stock, valued at approximately $368,000.

Several other institutional investors have also recently made changes to their positions in SMCI. Optimum Investment Advisors acquired a new position in shares of Super Micro Computer during the fourth quarter valued at about $28,000. Livforsakringsbolaget Skandia Omsesidigt acquired a new position in shares of Super Micro Computer during the fourth quarter valued at about $30,000. FinTrust Capital Advisors LLC acquired a new position in shares of Super Micro Computer during the fourth quarter valued at about $33,000. Bank of New Hampshire acquired a new position in shares of Super Micro Computer during the first quarter valued at about $35,000. Finally, Allworth Financial LP raised its holdings in shares of Super Micro Computer by 28.6% during the fourth quarter. Allworth Financial LP now owns 126 shares of the company’s stock valued at $36,000 after purchasing an additional 28 shares during the period. Institutional investors and hedge funds own 84.06% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on SMCI shares. Rosenblatt Securities reissued a “buy” rating and set a $1,300.00 target price on shares of Super Micro Computer in a research report on Wednesday, May 1st. Argus started coverage on shares of Super Micro Computer in a research report on Wednesday, March 6th. They set a “buy” rating and a $1,350.00 target price for the company. Northland Securities boosted their target price on shares of 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 decreased their target price on shares of 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. Finally, StockNews.com downgraded shares of Super Micro Computer from a “hold” rating to a “sell” rating in a research report on Thursday, May 9th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $954.38.

Super Micro Computer Stock Up 0.4 %

SMCI stock traded up $3.74 during trading on Wednesday, reaching $840.91. The stock had a trading volume of 2,063,595 shares, compared to its average volume of 8,563,590. Super Micro Computer, Inc. has a one year low of $226.59 and a one year high of $1,229.00. The company has a quick ratio of 2.29, a current ratio of 4.69 and a debt-to-equity ratio of 0.35. The company’s 50 day moving average is $836.36 and its two-hundred day moving average is $756.52. The company has a market capitalization of $47.03 billion, a price-to-earnings ratio of 46.76, a P/E/G ratio of 0.74 and a beta of 1.27.

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

Insider Activity

In other news, Director Liang Chiu-Chu Sara Liu sold 525 shares of the stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $869.62, for a total transaction of $456,550.50. Following the completion of the transaction, the director now directly owns 3,459 shares of the company’s stock, valued at approximately $3,008,015.58. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, Director Liang Chiu-Chu Sara Liu sold 525 shares of the stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $869.62, for a total transaction of $456,550.50. Following the completion of the transaction, the director now directly owns 3,459 shares of the company’s stock, valued at approximately $3,008,015.58. The transaction was disclosed in a legal 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 that occurred on Thursday, May 30th. The shares were sold at an average price of $839.17, for a total transaction of $419,585.00. Following the transaction, the director now directly owns 27,813 shares of the company’s stock, valued at $23,339,835.21. The disclosure for this sale can be found here. Insiders sold 1,325 shares of company stock valued at $1,116,736 in the last three months. Company insiders own 17.60% of the company’s stock.

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.