Fielder Capital Group LLC Takes Position in Super Micro Computer, Inc. (NASDAQ:SMCI)

Fielder Capital Group LLC bought a new stake in Super Micro Computer, Inc. (NASDAQ:SMCI) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 1,196 shares of the company’s stock, valued at approximately $340,000.

A number of other hedge funds have also added to or reduced their stakes in SMCI. Allworth Financial LP bought a new stake in shares of Super Micro Computer during the 3rd quarter worth approximately $27,000. Optimum Investment Advisors bought a new position in Super Micro Computer in the 4th quarter valued at about $28,000. Livforsakringsbolaget Skandia Omsesidigt bought a new stake in shares of Super Micro Computer during the fourth quarter worth approximately $30,000. Cypress Capital Management LLC WY acquired a new position in shares of Super Micro Computer in the fourth quarter valued at approximately $36,000. Finally, First Horizon Advisors Inc. bought a new position in shares of Super Micro Computer during the third quarter worth approximately $39,000. Institutional investors own 84.06% of the company’s stock.

Super Micro Computer Trading Down 1.3 %

SMCI stock traded down $11.06 during trading on Tuesday, hitting $819.29. The company had a trading volume of 4,058,370 shares, compared to its average volume of 9,531,662. The stock has a market cap of $45.82 billion, a PE ratio of 46.11, a PEG ratio of 0.71 and a beta of 1.34. The business has a 50-day moving average of $946.34 and a 200-day moving average of $586.69. The company has a current ratio of 4.69, a quick ratio of 2.29 and a debt-to-equity ratio of 0.35. Super Micro Computer, Inc. has a one year low of $131.06 and a one year high of $1,229.00.

Insider Activity

In related news, SVP Don W. Clegg sold 28,727 shares of Super Micro Computer stock in a transaction on Wednesday, February 14th. The shares were sold at an average price of $874.57, for a total transaction of $25,123,772.39. Following the completion of the transaction, the senior vice president now owns 2,110 shares of the company’s stock, valued at $1,845,342.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other news, Director Liang Chiu-Chu Sara Liu sold 525 shares of the firm’s stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $869.62, for a total value of $456,550.50. Following the completion of the sale, the director now directly owns 3,459 shares in the company, valued at approximately $3,008,015.58. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, SVP Don W. Clegg sold 28,727 shares of the business’s stock in a transaction that occurred on Wednesday, February 14th. The shares were sold at an average price of $874.57, for a total value of $25,123,772.39. Following the sale, the senior vice president now owns 2,110 shares of the company’s stock, valued at approximately $1,845,342.70. The disclosure for this sale can be found here. In the last three months, insiders have sold 34,252 shares of company stock valued at $29,950,223. 17.60% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on SMCI. Loop Capital boosted their target price on shares of Super Micro Computer from $600.00 to $1,500.00 and gave the company a “buy” rating in a research report on Tuesday, April 16th. Wells Fargo & Company cut their target price on Super Micro Computer from $960.00 to $890.00 and set an “equal weight” rating for the company in a research note on Wednesday, May 1st. Susquehanna lifted their price target on Super Micro Computer from $162.00 to $250.00 and gave the company a “negative” rating in a research note on Tuesday, January 30th. Wedbush upped their price objective on Super Micro Computer from $530.00 to $800.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 1st. Finally, Barclays lifted their target price on Super Micro Computer from $691.00 to $961.00 and gave the company an “overweight” rating in a research report on Tuesday, February 13th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and nine have given a buy rating to the company. According to data from MarketBeat, Super Micro Computer currently has a consensus rating of “Moderate Buy” and a consensus target price of $954.38.

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.