Super Micro Computer, Inc. (SMCI) Holdings Boosted by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. boosted its holdings in shares of Super Micro Computer, Inc. (NASDAQ:SMCI) by 3.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 352,579 shares of the technology company’s stock after purchasing an additional 12,858 shares during the quarter. Oppenheimer & Co. Inc. owned approximately 0.72% of Super Micro Computer worth $7,791,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. Aperio Group LLC raised its holdings in shares of Super Micro Computer by 0.8% during the second quarter. Aperio Group LLC now owns 8,241 shares of the technology company’s stock valued at $203,000 after acquiring an additional 68 shares during the last quarter. The Manufacturers Life Insurance Company raised its holdings in shares of Super Micro Computer by 0.4% during the second quarter. The Manufacturers Life Insurance Company now owns 30,249 shares of the technology company’s stock valued at $745,000 after acquiring an additional 118 shares during the last quarter. Arizona State Retirement System raised its holdings in shares of Super Micro Computer by 1.0% during the second quarter. Arizona State Retirement System now owns 19,850 shares of the technology company’s stock valued at $489,000 after acquiring an additional 200 shares during the last quarter. Louisiana State Employees Retirement System raised its holdings in shares of Super Micro Computer by 1.3% during the second quarter. Louisiana State Employees Retirement System now owns 15,500 shares of the technology company’s stock valued at $382,000 after acquiring an additional 200 shares during the last quarter. Finally, Municipal Employees Retirement System of Michigan raised its holdings in shares of Super Micro Computer by 4.2% during the second quarter. Municipal Employees Retirement System of Michigan now owns 8,890 shares of the technology company’s stock valued at $219,000 after acquiring an additional 360 shares during the last quarter. Institutional investors own 82.28% of the company’s stock.

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SMCI has been the subject of a number of research analyst reports. ValuEngine cut Super Micro Computer from a “buy” rating to a “hold” rating in a report on Thursday, July 27th. Zacks Investment Research raised Super Micro Computer from a “sell” rating to a “hold” rating in a report on Friday, August 11th. Stifel Nicolaus set a $30.00 target price on Super Micro Computer and gave the company a “hold” rating in a report on Tuesday, August 15th. KeyCorp reaffirmed a “hold” rating on shares of Super Micro Computer in a report on Friday, September 1st. Finally, DA Davidson cut Super Micro Computer from a “buy” rating to a “neutral” rating and cut their price target for the company from $33.00 to $27.00 in a report on Monday, September 18th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and three have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $28.13.

Super Micro Computer, Inc. (NASDAQ SMCI) traded down $0.20 during trading hours on Thursday, hitting $21.30. The company had a trading volume of 419,700 shares, compared to its average volume of 440,155. Super Micro Computer, Inc. has a 12-month low of $17.70 and a 12-month high of $31.75. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.15 and a current ratio of 2.34. The firm has a market capitalization of $1,046.90, a PE ratio of 16.05, a PEG ratio of 1.26 and a beta of -0.12.

Super Micro Computer Profile

Super Micro Computer, Inc is engaged in developing and providing end-to-end green computing solutions to the cloud computing, data center, enterprise information technology (IT), big data, high performance computing (HPC) and Internet of Things (IoT)/embedded markets. The Company’s solutions range from server, storage, blade and workstations to full racks, networking devices, server management software and technology support and services.

Institutional Ownership by Quarter for Super Micro Computer (NASDAQ:SMCI)

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