Arlington Capital Management Inc. Boosts Position in Super Micro Computer, Inc. (NASDAQ:SMCI)

Arlington Capital Management Inc. lifted its stake in Super Micro Computer, Inc. (NASDAQ:SMCI) by 843.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,953 shares of the company’s stock after purchasing an additional 47,340 shares during the period. Super Micro Computer accounts for approximately 1.1% of Arlington Capital Management Inc.’s holdings, making the stock its 20th largest position. Arlington Capital Management Inc.’s holdings in Super Micro Computer were worth $1,614,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in SMCI. Salem Investment Counselors Inc. purchased a new stake in Super Micro Computer during the fourth quarter valued at $30,000. Trust Co. of Vermont lifted its holdings in shares of Super Micro Computer by 900.0% in the 4th quarter. Trust Co. of Vermont now owns 1,000 shares of the company’s stock valued at $30,000 after acquiring an additional 900 shares during the last quarter. Parkside Financial Bank & Trust boosted its holdings in shares of Super Micro Computer by 2,890.9% in the 4th quarter. Parkside Financial Bank & Trust now owns 987 shares of the company’s stock worth $30,000 after purchasing an additional 954 shares during the period. Larson Financial Group LLC increased its position in shares of Super Micro Computer by 902.0% during the 4th quarter. Larson Financial Group LLC now owns 992 shares of the company’s stock valued at $30,000 after purchasing an additional 893 shares during the last quarter. Finally, Toth Financial Advisory Corp purchased a new stake in Super Micro Computer during the 4th quarter valued at $31,000. 84.06% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

SMCI has been the subject of several recent analyst reports. Loop Capital restated a “buy” rating on shares of Super Micro Computer in a research report on Tuesday, February 18th. Cfra upgraded Super Micro Computer from a “hold” rating to a “buy” rating and set a $48.00 target price for the company in a research report on Tuesday, February 11th. StockNews.com raised shares of Super Micro Computer to a “sell” rating in a research note on Friday, February 28th. Wedbush reissued a “hold” rating on shares of Super Micro Computer in a research report on Tuesday, February 18th. Finally, Barclays started coverage on Super Micro Computer in a research report on Thursday, February 27th. They set an “equal weight” rating and a $59.00 price target on the stock. Three analysts have rated the stock with a sell rating, ten have issued a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $53.00.

Super Micro Computer Stock Down 2.6 %

SMCI stock opened at $40.64 on Wednesday. The company has a quick ratio of 1.93, a current ratio of 3.77 and a debt-to-equity ratio of 0.32. Super Micro Computer, Inc. has a 52 week low of $17.25 and a 52 week high of $110.61. The stock has a market capitalization of $24.12 billion, a P/E ratio of 20.40 and a beta of 1.21. The firm has a 50-day simple moving average of $39.07 and a 200-day simple moving average of $37.83.

Insiders Place Their Bets

In related news, Director Robert L. Blair sold 19,460 shares of the business’s stock in a transaction on Friday, February 28th. The stock was sold at an average price of $42.58, for a total transaction of $828,606.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP George Kao sold 71,720 shares of the stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of $50.48, for a total transaction of $3,620,425.60. Following the completion of the sale, the senior vice president now directly owns 19,449 shares in the company, valued at approximately $981,785.52. This represents a 78.67 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 137,473 shares of company stock valued at $6,771,552. 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.