Edmp Inc. Boosts Stake in Super Micro Computer, Inc. (NASDAQ:SMCI)

Edmp Inc. grew its position in shares of Super Micro Computer, Inc. (NASDAQ:SMCI) by 851.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 41,450 shares of the company’s stock after buying an additional 37,094 shares during the period. Edmp Inc.’s holdings in Super Micro Computer were worth $1,263,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. State Street Corp increased its position in Super Micro Computer by 4.3% in the 3rd quarter. State Street Corp now owns 2,138,142 shares of the company’s stock valued at $890,322,000 after acquiring an additional 88,692 shares during the period. Sumitomo Mitsui Trust Group Inc. raised its stake in shares of Super Micro Computer by 956.6% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,317,018 shares of the company’s stock valued at $40,143,000 after purchasing an additional 1,192,366 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Super Micro Computer by 1.3% in the third quarter. Geode Capital Management LLC now owns 1,266,040 shares of the company’s stock worth $529,753,000 after purchasing an additional 16,007 shares during the period. Disciplined Growth Investors Inc. MN grew its position in Super Micro Computer by 3.1% in the 3rd quarter. Disciplined Growth Investors Inc. MN now owns 1,043,469 shares of the company’s stock valued at $434,500,000 after buying an additional 31,064 shares in the last quarter. Finally, International Assets Investment Management LLC increased its stake in Super Micro Computer by 63,634.1% during the 3rd quarter. International Assets Investment Management LLC now owns 916,496 shares of the company’s stock valued at $381,629,000 after buying an additional 915,058 shares during the period. 84.06% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms recently commented on SMCI. Argus lowered shares of Super Micro Computer from a “buy” rating to a “hold” rating in a research note on Thursday, October 31st. Loop Capital raised their target price on Super Micro Computer from $35.00 to $40.00 and gave the company a “buy” rating in a research note on Thursday, January 23rd. Cfra raised shares of Super Micro Computer from a “hold” rating to a “buy” rating and set a $48.00 target price for the company in a research note on Tuesday. Wedbush reissued a “neutral” rating and set a $32.00 price objective (down from $62.00) on shares of Super Micro Computer in a research note on Monday, November 4th. Finally, Northland Capmk raised Super Micro Computer to a “strong-buy” rating in a research report on Friday, December 20th. Three research analysts have rated the stock with a sell rating, ten have given a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $63.07.

Super Micro Computer Trading Up 17.6 %

Shares of NASDAQ SMCI opened at $42.65 on Tuesday. The business has a 50 day simple moving average of $33.56 and a 200 day simple moving average of $40.74. Super Micro Computer, Inc. has a 52 week low of $17.25 and a 52 week high of $122.90. The stock has a market cap of $24.97 billion, a price-to-earnings ratio of 21.41 and a beta of 1.30. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.93 and a current ratio of 3.77.

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.