Super Micro Computer, Inc. (NASDAQ:SMCI) Shares Sold by Roman Butler Fullerton & Co.

Roman Butler Fullerton & Co. reduced its stake in shares of Super Micro Computer, Inc. (NASDAQ:SMCI) by 32.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 3,010 shares of the company’s stock after selling 1,429 shares during the period. Roman Butler Fullerton & Co.’s holdings in Super Micro Computer were worth $856,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Allworth Financial LP increased its position in shares of Super Micro Computer by 28.6% during the 4th quarter. Allworth Financial LP now owns 126 shares of the company’s stock valued at $36,000 after purchasing an additional 28 shares during the period. Blue Trust Inc. raised its position in Super Micro Computer by 29.5% in the fourth quarter. Blue Trust Inc. now owns 180 shares of the company’s stock worth $49,000 after acquiring an additional 41 shares in the last quarter. CWM LLC lifted its holdings in Super Micro Computer by 9.4% in the 3rd quarter. CWM LLC now owns 510 shares of the company’s stock valued at $140,000 after acquiring an additional 44 shares during the last quarter. Signaturefd LLC boosted its position in shares of Super Micro Computer by 8.0% during the 3rd quarter. Signaturefd LLC now owns 610 shares of the company’s stock valued at $167,000 after purchasing an additional 45 shares in the last quarter. Finally, Quintet Private Bank Europe S.A. grew its stake in shares of Super Micro Computer by 1.8% in the 3rd quarter. Quintet Private Bank Europe S.A. now owns 3,445 shares of the company’s stock worth $945,000 after purchasing an additional 60 shares during the last quarter. Institutional investors and hedge funds own 84.06% of the company’s stock.

Insider Buying and Selling

In other Super Micro Computer news, 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 completion of the sale, the senior vice president now directly owns 2,110 shares of the company’s stock, valued at $1,845,342.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, Director Sherman Tuan sold 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 29th. The stock was sold at an average price of $873.98, for a total value of $4,369,900.00. Following the transaction, the director now directly owns 22,113 shares of the company’s stock, valued at approximately $19,326,319.74. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Don W. Clegg sold 28,727 shares of the business’s stock in a transaction that occurred on Wednesday, February 14th. The stock was sold at an average price of $874.57, for a total value of $25,123,772.39. Following the completion of the sale, the senior vice president now owns 2,110 shares of the company’s stock, valued at $1,845,342.70. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 34,989 shares of company stock worth $30,113,681. Insiders own 17.60% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. Wells Fargo & Company began coverage on shares of Super Micro Computer in a research note on Friday, February 16th. They set an “equal weight” rating and a $960.00 target price for the company. The Goldman Sachs Group initiated coverage on Super Micro Computer in a research report on Monday, March 4th. They issued a “neutral” rating and a $941.00 price target for the company. Barclays boosted their price objective on Super Micro Computer from $691.00 to $961.00 and gave the stock an “overweight” rating in a report on Tuesday, February 13th. JPMorgan Chase & Co. assumed coverage on shares of Super Micro Computer in a report on Monday, March 25th. They issued an “overweight” rating and a $1,150.00 target price for the company. Finally, Rosenblatt Securities lifted their target price on shares of Super Micro Computer from $700.00 to $1,300.00 and gave the stock a “buy” rating in a research report on Tuesday, February 20th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $949.85.

Super Micro Computer Stock Down 0.4 %

Shares of NASDAQ:SMCI traded down $4.25 during trading on Thursday, reaching $955.83. 1,610,744 shares of the company traded hands, compared to its average volume of 9,789,186. The firm has a fifty day simple moving average of $952.30 and a 200 day simple moving average of $542.21. The company has a quick ratio of 1.19, a current ratio of 2.43 and a debt-to-equity ratio of 0.03. Super Micro Computer, Inc. has a 1-year low of $93.19 and a 1-year high of $1,229.00. The firm has a market cap of $53.46 billion, a P/E ratio of 75.12, a price-to-earnings-growth ratio of 0.86 and a beta of 1.28.

Super Micro Computer (NASDAQ:SMCI) last released its quarterly earnings data on Monday, January 29th. The company reported $5.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.94 by $0.65. Super Micro Computer had a return on equity of 32.34% and a net margin of 7.92%. The firm had revenue of $3.66 billion during the quarter, compared to analysts’ expectations of $2.80 billion. During the same quarter last year, the firm earned $3.09 earnings per share. The business’s revenue for the quarter was up 103.0% on a year-over-year basis. Analysts anticipate that Super Micro Computer, Inc. will post 20.24 earnings per share for the current fiscal year.

Super Micro Computer Company Profile

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.