Toth Financial Advisory Corp Invests $31,000 in Super Micro Computer, Inc. (NASDAQ:SMCI)

Toth Financial Advisory Corp purchased a new stake in Super Micro Computer, Inc. (NASDAQ:SMCI) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 1,001 shares of the company’s stock, valued at approximately $31,000.

Several other institutional investors have also recently bought and sold shares of the stock. Salem Investment Counselors Inc. bought a new position in Super Micro Computer in the 4th quarter valued at $30,000. Trust Co. of Vermont boosted its holdings in Super Micro Computer by 900.0% in the fourth quarter. Trust Co. of Vermont now owns 1,000 shares of the company’s stock valued at $30,000 after acquiring an additional 900 shares during the last quarter. Kieckhefer Group LLC acquired a new stake in Super Micro Computer in the fourth quarter worth about $43,000. Clean Yield Group acquired a new position in Super Micro Computer during the 4th quarter valued at about $46,000. Finally, Rise Advisors LLC lifted its position in Super Micro Computer by 909.5% during the 4th quarter. Rise Advisors LLC now owns 1,696 shares of the company’s stock valued at $52,000 after purchasing an additional 1,528 shares during the period. Institutional investors own 84.06% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on SMCI. Loop Capital boosted their price target on shares of Super Micro Computer from $35.00 to $40.00 and gave the stock a “buy” rating in a research note on Thursday. Argus downgraded Super Micro Computer from a “buy” rating to a “hold” rating in a research note on Thursday, October 31st. StockNews.com cut Super Micro Computer from a “hold” rating to a “sell” rating in a research note on Wednesday, October 9th. Wedbush reiterated a “neutral” rating and issued a $32.00 price objective (down previously from $62.00) on shares of Super Micro Computer in a report on Monday, November 4th. Finally, Barclays decreased their target price on Super Micro Computer from $438.00 to $42.00 and set an “equal weight” rating for the company in a research report on Wednesday, October 2nd. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $62.89.

Super Micro Computer Trading Down 0.4 %

Shares of NASDAQ:SMCI opened at $33.27 on Friday. The firm has a market cap of $18.61 billion, a price-to-earnings ratio of 16.70 and a beta of 1.31. Super Micro Computer, Inc. has a 12 month low of $17.25 and a 12 month high of $122.90. The company’s fifty day simple moving average is $33.83 and its 200 day simple moving average is $45.10. The company has a quick ratio of 1.93, a current ratio of 3.77 and a debt-to-equity ratio of 0.32.

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.