231,919 Shares in Super Micro Computer, Inc. (NASDAQ:SMCI) Purchased by ExodusPoint Capital Management LP

ExodusPoint Capital Management LP bought a new stake in Super Micro Computer, Inc. (NASDAQ:SMCI) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 231,919 shares of the company’s stock, valued at approximately $7,069,000.

A number of other large investors have also recently bought and sold shares of SMCI. Salem Investment Counselors Inc. bought a new stake in shares of Super Micro Computer in the fourth quarter worth $30,000. Trust Co. of Vermont lifted its position in Super Micro Computer by 900.0% during the 4th quarter. Trust Co. of Vermont now owns 1,000 shares of the company’s stock worth $30,000 after buying an additional 900 shares in the last quarter. Parkside Financial Bank & Trust boosted its stake in shares of Super Micro Computer by 2,890.9% during the 4th quarter. Parkside Financial Bank & Trust now owns 987 shares of the company’s stock worth $30,000 after buying an additional 954 shares during the last quarter. Larson Financial Group LLC grew its holdings in shares of Super Micro Computer by 902.0% in the 4th quarter. Larson Financial Group LLC now owns 992 shares of the company’s stock valued at $30,000 after acquiring an additional 893 shares in the last quarter. Finally, Toth Financial Advisory Corp acquired a new stake in shares of Super Micro Computer in the fourth quarter valued at about $31,000. Institutional investors and hedge funds own 84.06% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. Cfra raised Super Micro Computer from a “hold” rating to a “buy” rating and set a $48.00 price target for the company in a research report on Tuesday, February 11th. Northland Securities set a $70.00 target price on shares of Super Micro Computer in a research note on Thursday, March 6th. Loop Capital reaffirmed a “buy” rating on shares of Super Micro Computer in a research report on Tuesday, February 18th. The Goldman Sachs Group downgraded shares of Super Micro Computer from a “neutral” rating to a “sell” rating and decreased their price objective for the company from $40.00 to $32.00 in a research report on Monday, March 24th. Finally, Barclays started coverage on shares of Super Micro Computer in a report on Thursday, February 27th. They issued an “equal weight” rating and a $59.00 target price on the stock. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $53.00.

Super Micro Computer Stock Performance

Shares of NASDAQ SMCI opened at $29.82 on Friday. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.77 and a quick ratio of 1.93. The firm has a market cap of $17.70 billion, a price-to-earnings ratio of 14.97 and a beta of 1.22. The stock’s fifty day moving average price is $39.39 and its two-hundred day moving average price is $37.37. Super Micro Computer, Inc. has a one year low of $17.25 and a one year high of $102.03.

Insider Activity at Super Micro Computer

In related news, Director Robert L. Blair sold 19,460 shares of the stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $42.58, for a total transaction of $828,606.80. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Charles Liang sold 46,293 shares of Super Micro Computer stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $50.17, for a total value of $2,322,519.81. Following the completion of the transaction, the chief executive officer now directly owns 67,403,640 shares of the company’s stock, valued at $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 three months, insiders have sold 137,473 shares of company stock worth $6,771,552. Corporate insiders own 17.60% of the company’s stock.

Super Micro Computer 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.