WINTON GROUP Ltd Makes New Investment in Super Micro Computer, Inc. (NASDAQ:SMCI)

WINTON GROUP Ltd bought a new stake in shares of Super Micro Computer, Inc. (NASDAQ:SMCI) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 27,845 shares of the company’s stock, valued at approximately $849,000.

Several other institutional investors and hedge funds have also recently modified their holdings of SMCI. Clear Creek Financial Management LLC purchased a new position in Super Micro Computer during the fourth quarter valued at $635,000. Nepsis Inc. purchased a new position in Super Micro Computer in the 4th quarter valued at about $13,625,000. Sanctuary Advisors LLC boosted its holdings in Super Micro Computer by 254.7% in the 3rd quarter. Sanctuary Advisors LLC now owns 30,634 shares of the company’s stock worth $12,756,000 after buying an additional 21,997 shares during the last quarter. Fifth Third Bancorp increased its stake in Super Micro Computer by 1,476.6% during the 4th quarter. Fifth Third Bancorp now owns 12,266 shares of the company’s stock worth $374,000 after buying an additional 11,488 shares in the last quarter. Finally, Oak Thistle LLC acquired a new position in shares of Super Micro Computer during the fourth quarter valued at approximately $277,000. Hedge funds and other institutional investors own 84.06% of the company’s stock.

Super Micro Computer Trading Down 1.3 %

NASDAQ SMCI opened at $34.26 on Friday. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.77 and a quick ratio of 1.93. The stock has a market capitalization of $20.33 billion, a P/E ratio of 17.20 and a beta of 1.21. The firm’s 50-day moving average is $39.33 and its two-hundred day moving average is $37.75. Super Micro Computer, Inc. has a 12 month low of $17.25 and a 12 month high of $106.90.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on SMCI. Loop Capital reaffirmed a “buy” rating on shares of Super Micro Computer in a research note on Tuesday, February 18th. The Goldman Sachs Group cut shares of Super Micro Computer from a “neutral” rating to a “sell” rating and lowered their target price for the stock from $40.00 to $32.00 in a research note on Monday, March 24th. Northland Capmk upgraded shares of Super Micro Computer to a “strong-buy” rating in a research report on Friday, December 20th. JPMorgan Chase & Co. upgraded shares of Super Micro Computer from an “underweight” rating to a “neutral” rating and boosted their price target for the stock from $35.00 to $45.00 in a research report on Friday, March 21st. Finally, Wedbush reiterated a “hold” rating on shares of Super Micro Computer in a report on Tuesday, February 18th. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $53.00.

Insider Activity

In other Super Micro Computer news, Director Robert L. Blair sold 19,460 shares of the business’s stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $42.58, for a total value of $828,606.80. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP George Kao sold 71,720 shares of Super Micro Computer stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $50.48, for a total value of $3,620,425.60. Following the completion of the sale, the senior vice president now directly owns 19,449 shares of the company’s stock, valued at $981,785.52. The trade was a 78.67 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 137,473 shares of company stock valued at $6,771,552. Company insiders own 17.60% of the company’s stock.

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.