Mount Yale Investment Advisors LLC Makes New $404,000 Investment in Super Micro Computer, Inc. (NASDAQ:SMCI)

Mount Yale Investment Advisors LLC acquired a new position in Super Micro Computer, Inc. (NASDAQ:SMCI) in the first quarter, HoldingsChannel.com reports. The fund acquired 400 shares of the company’s stock, valued at approximately $404,000.

Other large investors have also modified their holdings of the company. Vanguard Group Inc. raised its position in shares of Super Micro Computer by 25.7% during the 1st quarter. Vanguard Group Inc. now owns 6,194,607 shares of the company’s stock worth $6,256,739,000 after purchasing an additional 1,265,542 shares during the last quarter. International Assets Investment Management LLC raised its position in shares of Super Micro Computer by 56,764.2% during the 4th quarter. International Assets Investment Management LLC now owns 1,322,093 shares of the company’s stock worth $375,818,000 after purchasing an additional 1,319,768 shares during the last quarter. GQG Partners LLC acquired a new position in shares of Super Micro Computer during the 1st quarter worth about $1,325,466,000. Norges Bank acquired a new position in shares of Super Micro Computer during the 4th quarter worth about $95,211,000. Finally, Principal Financial Group Inc. raised its position in shares of Super Micro Computer by 4.8% during the 4th quarter. Principal Financial Group Inc. now owns 326,359 shares of the company’s stock worth $92,771,000 after purchasing an additional 14,959 shares during the last quarter. Institutional investors and hedge funds own 84.06% of the company’s stock.

Super Micro Computer Stock Performance

Shares of Super Micro Computer stock traded down $14.46 on Monday, reaching $697.73. 3,909,399 shares of the stock were exchanged, compared to its average volume of 8,265,442. The firm has a market capitalization of $39.02 billion, a PE ratio of 39.00, a PEG ratio of 0.45 and a beta of 1.27. Super Micro Computer, Inc. has a 1-year low of $226.59 and a 1-year high of $1,229.00. The business has a fifty day moving average price of $837.57 and a two-hundred day moving average price of $823.33. The company has a current ratio of 4.69, a quick ratio of 2.29 and a debt-to-equity ratio of 0.35.

Super Micro Computer (NASDAQ:SMCI) last released its quarterly earnings data on Tuesday, April 30th. The company reported $6.56 EPS for the quarter, topping analysts’ consensus estimates of $5.42 by $1.14. The firm had revenue of $3.85 billion for the quarter, compared to the consensus estimate of $3.96 billion. Super Micro Computer had a net margin of 8.88% and a return on equity of 34.09%. As a group, research analysts anticipate that Super Micro Computer, Inc. will post 21.11 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on SMCI shares. Loop Capital upped their price target on shares of Super Micro Computer from $600.00 to $1,500.00 and gave the stock a “buy” rating in a research report on Tuesday, April 16th. StockNews.com cut shares of Super Micro Computer from a “hold” rating to a “sell” rating in a research note on Thursday, May 9th. Rosenblatt Securities reaffirmed a “buy” rating and set a $1,300.00 price objective on shares of Super Micro Computer in a research note on Wednesday, May 1st. KeyCorp started coverage on shares of Super Micro Computer in a research note on Wednesday, April 24th. They set a “sector weight” rating for the company. Finally, Wells Fargo & Company dropped their price objective on shares of Super Micro Computer from $960.00 to $890.00 and set an “equal weight” rating for the company in a research note on Wednesday, May 1st. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat, Super Micro Computer has a consensus rating of “Hold” and an average target price of $999.92.

Insider Buying and Selling

In other Super Micro Computer news, Director Tally C. Liu sold 500 shares of the company’s stock in a transaction dated Thursday, May 30th. The shares were sold at an average price of $839.17, for a total value of $419,585.00. Following the sale, the director now owns 27,813 shares of the company’s stock, valued at $23,339,835.21. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, Director Daniel W. Fairfax sold 300 shares of Super Micro Computer stock in a transaction dated Monday, June 3rd. The stock was sold at an average price of $802.00, for a total transaction of $240,600.00. Following the completion of the sale, the director now owns 18,887 shares in the company, valued at approximately $15,147,374. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Tally C. Liu sold 500 shares of the firm’s stock in a transaction dated Thursday, May 30th. The stock was sold at an average price of $839.17, for a total transaction of $419,585.00. Following the sale, the director now directly owns 27,813 shares in the company, valued at $23,339,835.21. The disclosure for this sale can be found here. 17.60% of the stock is owned by insiders.

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.