Rowlandmiller & PARTNERS.ADV Has $1.72 Million Stock Position in Super Micro Computer, Inc. (NASDAQ:SMCI)

Rowlandmiller & PARTNERS.ADV raised its holdings in shares of Super Micro Computer, Inc. (NASDAQ:SMCI) by 1,278.9% during the fourth quarter, HoldingsChannel.com reports. The firm owned 56,300 shares of the company’s stock after acquiring an additional 52,217 shares during the quarter. Rowlandmiller & PARTNERS.ADV’s holdings in Super Micro Computer were worth $1,716,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in SMCI. Louisiana State Employees Retirement System lifted its position in Super Micro Computer by 160.7% during the 3rd quarter. Louisiana State Employees Retirement System now owns 7,300 shares of the company’s stock valued at $3,040,000 after purchasing an additional 4,500 shares during the period. Parcion Private Wealth LLC acquired a new position in Super Micro Computer during the 3rd quarter valued at about $311,000. Mirae Asset Global Investments Co. Ltd. lifted its position in Super Micro Computer by 183.9% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 13,233 shares of the company’s stock valued at $5,554,000 after purchasing an additional 8,572 shares during the period. Arkadios Wealth Advisors acquired a new position in Super Micro Computer during the 3rd quarter valued at about $289,000. Finally, PFG Investments LLC lifted its position in Super Micro Computer by 73.8% during the 3rd quarter. PFG Investments LLC now owns 2,125 shares of the company’s stock valued at $885,000 after purchasing an additional 902 shares during the period. 84.06% of the stock is currently owned by institutional investors and hedge funds.

Super Micro Computer Price Performance

NASDAQ SMCI opened at $56.07 on Monday. The business has a 50 day simple moving average of $35.23 and a 200 day simple moving average of $39.67. Super Micro Computer, Inc. has a 52-week low of $17.25 and a 52-week high of $122.90. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.93 and a current ratio of 3.77. The stock has a market cap of $32.83 billion, a price-to-earnings ratio of 28.15 and a beta of 1.30.

Analyst Ratings Changes

SMCI has been the topic of a number of research reports. Loop Capital restated a “buy” rating on shares of Super Micro Computer in a research report on Tuesday, February 18th. Argus downgraded shares of Super Micro Computer from a “buy” rating to a “hold” rating in a research report on Thursday, October 31st. JPMorgan Chase & Co. increased their price target on shares of Super Micro Computer from $23.00 to $35.00 and gave the company an “underweight” rating in a research report on Wednesday, February 12th. The Goldman Sachs Group cut their price target on shares of Super Micro Computer from $67.50 to $28.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 6th. Finally, Wedbush reiterated a “hold” rating on shares of Super Micro Computer in a research report on Tuesday, February 18th. Three investment analysts have rated the stock with a sell rating, ten have given a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $60.20.

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.