Super Micro Computer, Inc. (NASDAQ:SMCI) Shares Bought by Achmea Investment Management B.V.

Achmea Investment Management B.V. raised its holdings in Super Micro Computer, Inc. (NASDAQ:SMCI) by 900.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 14,970 shares of the company’s stock after purchasing an additional 13,473 shares during the quarter. Achmea Investment Management B.V.’s holdings in Super Micro Computer were worth $457,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of SMCI. Retirement Systems of Alabama raised its holdings in Super Micro Computer by 2.3% during the third quarter. Retirement Systems of Alabama now owns 11,367 shares of the company’s stock worth $4,733,000 after purchasing an additional 258 shares in the last quarter. Archer Investment Corp raised its holdings in Super Micro Computer by 364.2% during the third quarter. Archer Investment Corp now owns 571 shares of the company’s stock worth $238,000 after purchasing an additional 448 shares in the last quarter. Advisors Asset Management Inc. raised its holdings in Super Micro Computer by 22.3% during the third quarter. Advisors Asset Management Inc. now owns 2,618 shares of the company’s stock worth $1,090,000 after purchasing an additional 478 shares in the last quarter. Cerity Partners LLC raised its holdings in Super Micro Computer by 22.5% during the third quarter. Cerity Partners LLC now owns 2,707 shares of the company’s stock worth $1,127,000 after purchasing an additional 497 shares in the last quarter. Finally, Townsquare Capital LLC raised its holdings in Super Micro Computer by 66.5% during the third quarter. Townsquare Capital LLC now owns 1,307 shares of the company’s stock worth $544,000 after purchasing an additional 522 shares in the last quarter. 84.06% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. JPMorgan Chase & Co. increased their price target on shares of Super Micro Computer from $23.00 to $35.00 and gave the stock an “underweight” rating in a report on Wednesday, February 12th. Northland Securities set a $70.00 target price on shares of Super Micro Computer in a report on Thursday, March 6th. StockNews.com raised shares of Super Micro Computer to a “sell” rating in a report on Friday, February 28th. Northland Capmk raised shares of Super Micro Computer to a “strong-buy” rating in a report on Friday, December 20th. Finally, Barclays assumed 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 for the company. Three analysts have rated the stock with a sell rating, ten have issued a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $52.57.

Insider Buying and Selling

In other Super Micro Computer news, Director Robert L. Blair sold 19,460 shares of Super Micro Computer stock in a transaction on Friday, February 28th. The shares were sold at an average price of $42.58, for a total value of $828,606.80. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 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 transaction of $2,322,519.81. Following the completion of the transaction, the chief executive officer now owns 67,403,640 shares in the company, valued at approximately $3,381,640,618.80. This trade represents a 0.07 % decrease in their position. 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. 17.60% of the stock is owned by insiders.

Super Micro Computer Stock Up 7.9 %

Shares of NASDAQ SMCI opened at $42.17 on Friday. Super Micro Computer, Inc. has a 1 year low of $17.25 and a 1 year high of $114.78. The firm’s 50 day moving average price is $38.01 and its 200 day moving average price is $38.09. The firm has a market cap of $25.03 billion, a P/E ratio of 21.17 and a beta of 1.21. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.93 and a current ratio of 3.77.

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.