Cambiar Investors LLC reduced its position in shares of Super Micro Computer, Inc. (NASDAQ:SMCI) by 17.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 642,810 shares of the technology company’s stock after selling 134,302 shares during the period. Cambiar Investors LLC owned 1.32% of Super Micro Computer worth $14,206,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in SMCI. Aperio Group LLC boosted its position in shares of 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 acquiring an additional 68 shares during the last quarter. The Manufacturers Life Insurance Company boosted its position in shares of Super Micro Computer by 0.4% in the second quarter. The Manufacturers Life Insurance Company now owns 30,249 shares of the technology company’s stock worth $745,000 after acquiring an additional 118 shares during the last quarter. Louisiana State Employees Retirement System boosted its position in shares of 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 acquiring an additional 200 shares during the last quarter. Arizona State Retirement System boosted its position in shares of 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 acquiring an additional 200 shares during the last quarter. Finally, Municipal Employees Retirement System of Michigan boosted its position in shares of Super Micro Computer by 4.2% in the second quarter. Municipal Employees Retirement System of Michigan now owns 8,890 shares of the technology company’s stock worth $219,000 after acquiring an additional 360 shares during the last quarter. 76.95% of the stock is currently owned by institutional investors.

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Super Micro Computer, Inc. (NASDAQ:SMCI) traded down $0.05 during midday trading on Tuesday, reaching $19.95. 697,700 shares of the company traded hands, compared to its average volume of 442,018. Super Micro Computer, Inc. has a 52-week low of $17.70 and a 52-week high of $31.75. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.34 and a quick ratio of 1.15. The stock has a market capitalization of $973.86, a price-to-earnings ratio of 14.93, a price-to-earnings-growth ratio of 1.14 and a beta of -0.12.

Several equities research analysts recently issued reports on the stock. Zacks Investment Research raised shares of Super Micro Computer from a “sell” rating to a “hold” rating in a research report on Friday, August 11th. Maxim Group reissued a “buy” rating and issued a $45.00 target price on shares of Super Micro Computer in a research report on Wednesday, November 8th. Stifel Nicolaus set a $30.00 target price on shares of Super Micro Computer and gave the stock a “hold” rating in a research report on Tuesday, August 15th. ValuEngine cut shares of Super Micro Computer from a “buy” rating to a “hold” rating in a research report on Thursday, July 27th. Finally, DA Davidson cut shares of Super Micro Computer from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $33.00 to $27.00 in a research report on Monday, September 18th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating to the stock. Super Micro Computer presently has a consensus rating of “Hold” and a consensus target price of $29.29.

In related news, Director Hwei-Ming Fred Tsai sold 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 17th. The shares were sold at an average price of $27.10, for a total value of $135,500.00. Following the transaction, 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 is available at this link. Company insiders own 24.00% of the company’s stock.

Super Micro Computer Company Profile

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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