Mizuho Markets Cayman LP Has $231,000 Stock Position in Super Micro Computer, Inc. (NASDAQ:SMCI)

Mizuho Markets Cayman LP boosted its stake in Super Micro Computer, Inc. (NASDAQ:SMCI) by 952.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,580 shares of the company’s stock after purchasing an additional 6,860 shares during the period. Super Micro Computer comprises about 0.5% of Mizuho Markets Cayman LP’s holdings, making the stock its 20th largest holding. Mizuho Markets Cayman LP’s holdings in Super Micro Computer were worth $231,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Retirement Systems of Alabama raised its stake in shares of Super Micro Computer by 2.3% during the third quarter. Retirement Systems of Alabama now owns 11,367 shares of the company’s stock valued at $4,733,000 after acquiring an additional 258 shares during the last quarter. Advisors Asset Management Inc. raised its stake in Super Micro Computer by 22.3% during the 3rd quarter. Advisors Asset Management Inc. now owns 2,618 shares of the company’s stock worth $1,090,000 after buying an additional 478 shares during the period. Cerity Partners LLC lifted its holdings in shares of Super Micro Computer by 22.5% in the 3rd 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. Townsquare Capital LLC grew its holdings in shares of Super Micro Computer by 66.5% during the third quarter. Townsquare Capital LLC now owns 1,307 shares of the company’s stock valued at $544,000 after buying an additional 522 shares during the last quarter. Finally, Investment Management Corp of Ontario boosted its stake in Super Micro Computer by 53.0% during the 3rd quarter. Investment Management Corp of Ontario now owns 1,732 shares of the company’s stock valued at $721,000 after purchasing an additional 600 shares during the last quarter. 84.06% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

SMCI has been the subject of several recent analyst reports. Barclays assumed coverage on shares of Super Micro Computer in a research note on Thursday, February 27th. They issued an “equal weight” rating and a $59.00 target price for the company. The Goldman Sachs Group lifted their target price on shares of Super Micro Computer from $32.00 to $36.00 and gave the stock a “neutral” rating in a research note on Monday, February 24th. Northland Capmk upgraded Super Micro Computer to a “strong-buy” rating in a research report on Friday, December 20th. Wedbush reaffirmed a “hold” rating on shares of Super Micro Computer in a report on Tuesday, February 18th. Finally, Loop Capital restated a “buy” rating on shares of Super Micro Computer in a research note on Tuesday, February 18th. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Super Micro Computer has an average rating of “Hold” and an average target price of $53.29.

Super Micro Computer Price Performance

Shares of Super Micro Computer stock opened at $42.15 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. Super Micro Computer, Inc. has a one year low of $17.25 and a one year high of $110.61. The business’s 50 day simple moving average is $38.66 and its two-hundred day simple moving average is $37.88. The stock has a market capitalization of $25.02 billion, a P/E ratio of 21.16 and a beta of 1.21.

Insiders Place Their Bets

In other Super Micro Computer news, CEO Charles Liang sold 46,293 shares of the company’s 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 in the company, valued at approximately $3,381,640,618.80. This represents a 0.07 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Robert L. Blair sold 19,460 shares of the firm’s stock in a transaction dated Friday, February 28th. The stock was sold at an average price of $42.58, for a total transaction of $828,606.80. The disclosure for this sale can be found here. Insiders have sold a total of 137,473 shares of company stock valued at $6,771,552 in the last quarter. Insiders own 17.60% of the company’s stock.

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.