Mizuho Securities USA LLC Purchases 44,463 Shares of Super Micro Computer, Inc. (NASDAQ:SMCI)

Mizuho Securities USA LLC boosted its position in shares of Super Micro Computer, Inc. (NASDAQ:SMCI) by 1,361.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 47,729 shares of the company’s stock after buying an additional 44,463 shares during the quarter. Mizuho Securities USA LLC’s holdings in Super Micro Computer were worth $1,455,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. raised its stake in shares of Super Micro Computer by 968.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,651,134 shares of the company’s stock valued at $111,287,000 after acquiring an additional 3,309,398 shares during the last quarter. Bank of New York Mellon Corp raised its position in Super Micro Computer by 798.1% during the 4th quarter. Bank of New York Mellon Corp now owns 2,944,620 shares of the company’s stock valued at $89,752,000 after purchasing an additional 2,616,757 shares during the last quarter. State Street Corp lifted its holdings in Super Micro Computer by 4.3% in the 3rd quarter. State Street Corp now owns 2,138,142 shares of the company’s stock worth $890,322,000 after buying an additional 88,692 shares during the period. Swiss National Bank grew its position in shares of Super Micro Computer by 851.9% in the 4th quarter. Swiss National Bank now owns 1,488,800 shares of the company’s stock worth $45,379,000 after buying an additional 1,332,400 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. increased its stake in shares of Super Micro Computer by 956.6% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,317,018 shares of the company’s stock valued at $40,143,000 after buying an additional 1,192,366 shares during the period. Hedge funds and other institutional investors own 84.06% of the company’s stock.

Super Micro Computer Stock Performance

Shares of Super Micro Computer stock opened at $40.64 on Wednesday. Super Micro Computer, Inc. has a 1 year low of $17.25 and a 1 year high of $110.61. The firm’s 50-day moving average is $39.07 and its 200 day moving average is $37.83. The stock has a market cap of $24.12 billion, a price-to-earnings ratio of 20.40 and a beta of 1.21. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.77 and a quick ratio of 1.93.

Insider Transactions at Super Micro Computer

In other Super Micro Computer news, Director Robert L. Blair sold 19,460 shares of the stock in a transaction dated Friday, February 28th. The stock was sold at an average price of $42.58, for a total value of $828,606.80. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Charles Liang sold 46,293 shares of the company’s stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of $50.17, for a total transaction of $2,322,519.81. Following the sale, the chief executive officer now directly owns 67,403,640 shares of the company’s stock, valued at approximately $3,381,640,618.80. This represents a 0.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 137,473 shares of company stock worth $6,771,552. Corporate insiders own 17.60% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently commented on SMCI. Loop Capital reaffirmed a “buy” rating on shares of Super Micro Computer in a research note on Tuesday, February 18th. StockNews.com raised shares of Super Micro Computer to a “sell” rating in a research report on Friday, February 28th. Barclays started coverage on shares of Super Micro Computer in a research report on Thursday, February 27th. They set an “equal weight” rating and a $59.00 price target on the stock. Northland Capmk upgraded shares of Super Micro Computer to a “strong-buy” rating in a report on Friday, December 20th. Finally, Cfra upgraded Super Micro Computer from a “hold” rating to a “buy” rating and set a $48.00 target price on the stock in a report on Tuesday, February 11th. Three research 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. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $53.00.

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.