Virginia Retirement Systems ET AL boosted its position in Super Micro Computer, Inc. (NASDAQ:SMCI) by 37.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 69,200 shares of the technology company’s stock after buying an additional 18,900 shares during the period. Virginia Retirement Systems ET AL owned approximately 0.14% of Super Micro Computer worth $1,706,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of SMCI. State of Alaska Department of Revenue increased its position in Super Micro Computer by 1.2% in the first quarter. State of Alaska Department of Revenue now owns 4,160 shares of the technology company’s stock worth $105,000 after buying an additional 50 shares during the period. Aperio Group LLC increased its position in Super Micro Computer by 0.8% in the second quarter. Aperio Group LLC now owns 8,241 shares of the technology company’s stock worth $203,000 after buying an additional 68 shares during the period. US Bancorp DE increased its position in Super Micro Computer by 3.0% in the first quarter. US Bancorp DE now owns 6,075 shares of the technology company’s stock worth $154,000 after buying an additional 176 shares during the period. Louisiana State Employees Retirement System increased its position in Super Micro Computer by 1.3% in the second quarter. Louisiana State Employees Retirement System now owns 15,500 shares of the technology company’s stock worth $382,000 after buying an additional 200 shares during the period. Finally, Arizona State Retirement System increased its position in Super Micro Computer by 1.0% in the second quarter. Arizona State Retirement System now owns 19,850 shares of the technology company’s stock worth $489,000 after buying an additional 200 shares during the period. Institutional investors and hedge funds own 77.55% of the company’s stock.

Shares of Super Micro Computer, Inc. (NASDAQ SMCI) opened at 25.85 on Thursday. The stock has a market capitalization of $1.26 billion, a PE ratio of 19.29 and a beta of 0.17. The stock has a 50 day moving average price of $26.57 and a 200-day moving average price of $25.37. Super Micro Computer, Inc. has a 1-year low of $20.77 and a 1-year high of $31.75.

Super Micro Computer (NASDAQ:SMCI) last posted its quarterly earnings results on Thursday, August 3rd. The technology company reported $0.39 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.36 by $0.03. Super Micro Computer had a return on equity of 9.08% and a net margin of 2.74%. The company had revenue of $717.90 million for the quarter, compared to analysts’ expectations of $714.99 million. During the same period last year, the firm earned $0.20 earnings per share. Super Micro Computer’s quarterly revenue was up 36.9% on a year-over-year basis. On average, analysts forecast that Super Micro Computer, Inc. will post $2.03 earnings per share for the current year.

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A number of equities analysts have issued reports on the company. ValuEngine upgraded Super Micro Computer from a “hold” rating to a “buy” rating in a report on Wednesday, July 19th. BidaskClub upgraded Super Micro Computer from a “sell” rating to a “hold” rating in a report on Tuesday, June 13th. Susquehanna Bancshares Inc reiterated a “positive” rating and issued a $31.00 price objective (down previously from $33.00) on shares of Super Micro Computer in a report on Sunday, July 23rd. Maxim Group reiterated a “buy” rating and issued a $43.00 price objective on shares of Super Micro Computer in a report on Friday, July 21st. Finally, Stifel Nicolaus set a $30.00 price objective on Super Micro Computer and gave the stock a “hold” rating in a report on Tuesday, August 15th. Four equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $31.29.

In other news, Director Hwei-Ming Fred Tsai sold 5,000 shares of Super Micro Computer stock in a transaction dated Thursday, August 17th. The stock was sold at an average price of $27.10, for a total transaction of $135,500.00. Following the sale, the director now owns 245,000 shares in the company, valued at $6,639,500. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 23.60% of the stock is owned by company insiders.

About Super Micro Computer

Super Micro Computer, Inc is engaged in developing and providing end-to-end green computing solutions to the cloud computing, data center, enterprise information technology (IT), big data, high performance computing (HPC) and Internet of Things (IoT)/embedded markets. The Company’s solutions range from server, storage, blade and workstations to full racks, networking devices, server management software and technology support and services.

Institutional Ownership by Quarter for Super Micro Computer (NASDAQ:SMCI)

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