WINTON GROUP Ltd Takes $849,000 Position in Super Micro Computer, Inc. (NASDAQ:SMCI)

WINTON GROUP Ltd acquired a new position in shares of Super Micro Computer, Inc. (NASDAQ:SMCI) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 27,845 shares of the company’s stock, valued at approximately $849,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in Super Micro Computer by 1,008.1% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 851,426 shares of the company’s stock valued at $28,378,000 after buying an additional 774,586 shares during the last quarter. Korea Investment CORP purchased a new position in shares of Super Micro Computer in the 4th quarter valued at about $5,598,000. Tyler Stone Wealth Management acquired a new stake in shares of Super Micro Computer during the 4th quarter worth about $931,000. Arlington Capital Management Inc. lifted its stake in Super Micro Computer by 843.4% during the fourth quarter. Arlington Capital Management Inc. now owns 52,953 shares of the company’s stock worth $1,614,000 after purchasing an additional 47,340 shares during the last quarter. Finally, Ausdal Financial Partners Inc. boosted its holdings in Super Micro Computer by 1,056.9% in the fourth quarter. Ausdal Financial Partners Inc. now owns 6,629 shares of the company’s stock valued at $202,000 after purchasing an additional 6,056 shares in the last quarter. Institutional investors and hedge funds own 84.06% of the company’s stock.

Super Micro Computer Stock Down 1.3 %

Shares of NASDAQ:SMCI opened at $34.26 on Friday. Super Micro Computer, Inc. has a fifty-two week low of $17.25 and a fifty-two week high of $106.90. The company has a quick ratio of 1.93, a current ratio of 3.77 and a debt-to-equity ratio of 0.32. The firm’s 50-day simple moving average is $39.33 and its 200-day simple moving average is $37.75. The company has a market cap of $20.33 billion, a price-to-earnings ratio of 17.20 and a beta of 1.21.

Insider Buying and Selling at Super Micro Computer

In other Super Micro Computer news, SVP George Kao sold 71,720 shares of the firm’s stock in a transaction on Wednesday, February 26th. The stock was 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 owns 19,449 shares of the company’s stock, valued at approximately $981,785.52. This trade represents a 78.67 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Robert L. Blair sold 19,460 shares of the company’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 disclosure for this sale can be found here. In the last 90 days, insiders have sold 137,473 shares of company stock valued at $6,771,552. 17.60% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. JPMorgan Chase & Co. upgraded shares of Super Micro Computer from an “underweight” rating to a “neutral” rating and boosted their price objective for the stock from $35.00 to $45.00 in a research report on Friday, March 21st. Loop Capital restated a “buy” rating on shares of Super Micro Computer in a research note on Tuesday, February 18th. Wedbush reaffirmed a “hold” rating on shares of Super Micro Computer in a report on Tuesday, February 18th. Cfra raised Super Micro Computer from a “hold” rating to a “buy” rating and set a $48.00 target price for the company in a report on Tuesday, February 11th. Finally, StockNews.com upgraded Super Micro Computer to a “sell” rating in a research note on Friday, February 28th. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $53.00.

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.