Compagnie Lombard Odier SCmA Purchases 4,852 Shares of Super Micro Computer, Inc. (NASDAQ:SMCI)

Compagnie Lombard Odier SCmA boosted its stake in Super Micro Computer, Inc. (NASDAQ:SMCI) by 1,219.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,250 shares of the company’s stock after acquiring an additional 4,852 shares during the period. Compagnie Lombard Odier SCmA’s holdings in Super Micro Computer were worth $160,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in SMCI. Exchange Traded Concepts LLC raised its position in Super Micro Computer by 276.9% in the third quarter. Exchange Traded Concepts LLC now owns 1,779 shares of the company’s stock worth $741,000 after acquiring an additional 1,307 shares during the period. Creative Planning raised its position in Super Micro Computer by 9.1% in the third quarter. Creative Planning now owns 9,038 shares of the company’s stock worth $3,763,000 after acquiring an additional 755 shares during the period. Vontobel Holding Ltd. raised its position in Super Micro Computer by 165.4% in the third quarter. Vontobel Holding Ltd. now owns 4,568 shares of the company’s stock worth $1,902,000 after acquiring an additional 2,847 shares during the period. Good Life Advisors LLC increased its stake in shares of Super Micro Computer by 114.8% in the third quarter. Good Life Advisors LLC now owns 1,366 shares of the company’s stock worth $569,000 after purchasing an additional 730 shares in the last quarter. Finally, Optimum Investment Advisors increased its stake in shares of Super Micro Computer by 48.2% in the third quarter. Optimum Investment Advisors now owns 1,718 shares of the company’s stock worth $715,000 after purchasing an additional 559 shares in the last quarter. Institutional investors own 84.06% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on SMCI shares. Argus downgraded shares of Super Micro Computer from a “buy” rating to a “hold” rating in a research note on Thursday, October 31st. Cfra upgraded 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. Loop Capital lifted their target price on shares of Super Micro Computer from $40.00 to $50.00 and gave the stock a “buy” rating in a research note on Wednesday. Northland Securities reiterated an “outperform” rating and issued a $57.00 target price (up previously from $54.00) on shares of Super Micro Computer in a research note on Wednesday. Finally, Wedbush boosted their price objective on shares of Super Micro Computer from $24.00 to $40.00 and gave the company a “neutral” rating in a research note on Wednesday. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $60.20.

Super Micro Computer Trading Up 13.3 %

Shares of Super Micro Computer stock opened at $47.91 on Friday. Super Micro Computer, Inc. has a 1 year low of $17.25 and a 1 year high of $122.90. The firm has a market cap of $28.05 billion, a PE ratio of 24.05 and a beta of 1.30. 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 company has a 50 day simple moving average of $33.59 and a two-hundred day simple moving average of $40.37.

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 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.