Super Micro Computer, Inc. (NASDAQ:SMCI) Shares Acquired by Teamwork Financial Advisors LLC

Teamwork Financial Advisors LLC raised its position in shares of Super Micro Computer, Inc. (NASDAQ:SMCI) by 747.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 39,480 shares of the company’s stock after purchasing an additional 34,824 shares during the period. Teamwork Financial Advisors LLC’s holdings in Super Micro Computer were worth $1,203,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Resources Management Corp CT ADV boosted its holdings in shares of Super Micro Computer by 100.0% in the second quarter. Resources Management Corp CT ADV now owns 60 shares of the company’s stock valued at $49,000 after acquiring an additional 30 shares in the last quarter. Clear Point Advisors Inc. boosted its stake in Super Micro Computer by 471.4% during the 2nd quarter. Clear Point Advisors Inc. now owns 80 shares of the company’s stock valued at $66,000 after purchasing an additional 66 shares in the last quarter. Quarry LP increased its position in shares of Super Micro Computer by 5,850.0% during the 2nd quarter. Quarry LP now owns 119 shares of the company’s stock valued at $98,000 after purchasing an additional 117 shares during the period. Emerald Mutual Fund Advisers Trust acquired a new position in shares of Super Micro Computer during the 3rd quarter valued at $87,000. Finally, Daymark Wealth Partners LLC lifted its holdings in shares of Super Micro Computer by 50.5% in the second quarter. Daymark Wealth Partners LLC now owns 301 shares of the company’s stock valued at $247,000 after buying an additional 101 shares during the period. Institutional investors own 84.06% of the company’s stock.

Analyst Ratings Changes

SMCI has been the topic of a number of research analyst reports. Barclays lowered their target price on Super Micro Computer from $438.00 to $42.00 and set an “equal weight” rating on the stock in a report on Wednesday, October 2nd. The Goldman Sachs Group dropped their target price on shares of Super Micro Computer from $67.50 to $28.00 and set a “neutral” rating on the stock in a report on Wednesday, November 6th. JPMorgan Chase & Co. cut shares of Super Micro Computer from a “neutral” rating to an “underweight” rating and reduced their target price for the stock from $50.00 to $23.00 in a report on Wednesday, November 6th. Wedbush restated a “neutral” rating and issued a $32.00 price target (down previously from $62.00) on shares of Super Micro Computer in a research report on Monday, November 4th. Finally, StockNews.com downgraded Super Micro Computer from a “hold” rating to a “sell” rating in a research report on Wednesday, October 9th. Three analysts have rated the stock with a sell rating, eleven have given a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Super Micro Computer has an average rating of “Hold” and a consensus price target of $66.89.

Super Micro Computer Price Performance

Super Micro Computer stock opened at $33.86 on Thursday. The business has a 50-day moving average of $33.22 and a 200-day moving average of $45.58. The firm has a market capitalization of $18.94 billion, a P/E ratio of 17.00 and a beta of 1.31. Super Micro Computer, Inc. has a 1 year low of $17.25 and a 1 year high of $122.90. The company has a current ratio of 3.77, a quick ratio of 1.93 and a debt-to-equity ratio of 0.32.

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.