UBS Asset Management Americas Inc. Has $259,000 Position in Super Micro Computer, Inc. (SMCI)

UBS Asset Management Americas Inc. held its position in Super Micro Computer, Inc. (NASDAQ:SMCI) during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 10,198 shares of the technology company’s stock at the end of the first quarter. UBS Asset Management Americas Inc.’s holdings in Super Micro Computer were worth $259,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank purchased a new position in Super Micro Computer during the fourth quarter valued at $11,432,000. Macquarie Group Ltd. boosted its position in Super Micro Computer by 0.6% in the fourth quarter. Macquarie Group Ltd. now owns 1,286,340 shares of the technology company’s stock valued at $36,082,000 after buying an additional 8,106 shares during the last quarter. Bank of New York Mellon Corp boosted its position in Super Micro Computer by 4.4% in the first quarter. Bank of New York Mellon Corp now owns 505,486 shares of the technology company’s stock valued at $12,813,000 after buying an additional 21,293 shares during the last quarter. Legato Capital Management LLC boosted its position in Super Micro Computer by 1,655.7% in the first quarter. Legato Capital Management LLC now owns 41,118 shares of the technology company’s stock valued at $1,622,000 after buying an additional 38,776 shares during the last quarter. Finally, Teachers Advisors LLC raised its position in shares of Super Micro Computer by 3.5% in the fourth quarter. Teachers Advisors LLC now owns 87,001 shares of the technology company’s stock valued at $2,440,000 after buying an additional 2,979 shares during the period. 71.58% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Super Micro Computer, Inc. (SMCI) traded up 1.13% during trading on Friday, hitting $26.85. 443,729 shares of the company’s stock were exchanged. The stock has a market cap of $1.31 billion, a P/E ratio of 20.04 and a beta of 0.17. Super Micro Computer, Inc. has a one year low of $20.77 and a one year high of $31.75. The firm has a 50-day moving average price of $25.78 and a 200-day moving average price of $25.34.

Super Micro Computer (NASDAQ:SMCI) last released its quarterly earnings data on Thursday, August 3rd. The technology company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.03. The company had revenue of $717.90 million during the quarter, compared to analysts’ expectations of $714.99 million. Super Micro Computer had a net margin of 2.74% and a return on equity of 9.08%. The firm’s quarterly revenue was up 36.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.20 EPS. Equities research analysts expect that Super Micro Computer, Inc. will post $1.98 EPS for the current fiscal year.

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Several research analysts recently issued reports on SMCI shares. Maxim Group reiterated a “buy” rating and issued a $43.00 target price (up from $40.00) on shares of Super Micro Computer in a research report on Friday, April 28th. ValuEngine upgraded shares of Super Micro Computer from a “hold” rating to a “buy” rating in a research report on Wednesday, July 19th. Stifel Nicolaus restated a “hold” rating and set a $30.00 price target on shares of Super Micro Computer in a research report on Friday, July 14th. BidaskClub upgraded shares of Super Micro Computer from a “sell” rating to a “hold” rating in a research report on Thursday, July 13th. Finally, Zacks Investment Research upgraded shares of Super Micro Computer from a “sell” rating to a “hold” rating in a research report on Friday. Four investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Super Micro Computer currently has an average rating of “Buy” and a consensus price target of $31.29.

In related news, VP Cheng-Hsien Phidias Chou sold 2,000 shares of the business’s stock in a transaction that occurred on Monday, May 22nd. The shares were sold at an average price of $24.35, for a total transaction of $48,700.00. Following the completion of the transaction, the vice president now owns 3,137 shares in the company, valued at approximately $76,385.95. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Sherman Tuan sold 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 31st. The shares were sold at an average price of $24.51, for a total transaction of $245,100.00. Following the transaction, the director now owns 8,000 shares in the company, valued at approximately $196,080. The disclosure for this sale can be found here. Over the last three months, insiders sold 20,000 shares of company stock valued at $487,510. 23.60% of the stock is owned by corporate insiders.

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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