Trust Co. of Vermont Makes New $82,000 Investment in Super Micro Computer, Inc. (NASDAQ:SMCI)

Trust Co. of Vermont bought a new stake in shares of Super Micro Computer, Inc. (NASDAQ:SMCI) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 100 shares of the company’s stock, valued at approximately $82,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of New Hampshire purchased a new stake in Super Micro Computer during the 1st quarter valued at $35,000. VitalStone Financial LLC raised its holdings in Super Micro Computer by 250.0% during the 1st quarter. VitalStone Financial LLC now owns 35 shares of the company’s stock valued at $35,000 after buying an additional 25 shares during the period. Larson Financial Group LLC raised its holdings in Super Micro Computer by 186.7% during the 1st quarter. Larson Financial Group LLC now owns 43 shares of the company’s stock valued at $43,000 after buying an additional 28 shares during the period. Versant Capital Management Inc raised its holdings in Super Micro Computer by 42.9% during the 1st quarter. Versant Capital Management Inc now owns 50 shares of the company’s stock valued at $51,000 after buying an additional 15 shares during the period. Finally, Silicon Valley Capital Partners purchased a new stake in Super Micro Computer during the 1st quarter valued at $51,000. 84.06% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

SMCI has been the topic of a number of recent analyst reports. Nomura lowered Super Micro Computer from a “buy” rating to a “neutral” rating and set a $930.00 target price on the stock. in a research note on Wednesday, July 10th. The Goldman Sachs Group reduced their target price on Super Micro Computer from $937.00 to $800.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 1st. StockNews.com lowered Super Micro Computer from a “hold” rating to a “sell” rating in a research note on Thursday, May 9th. Loop Capital increased their target price on Super Micro Computer from $600.00 to $1,500.00 and gave the stock a “buy” rating in a research note on Tuesday, April 16th. Finally, Wells Fargo & Company reduced their target price on Super Micro Computer from $890.00 to $650.00 and set an “equal weight” rating on the stock in a research note on Wednesday. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, Super Micro Computer presently has an average rating of “Hold” and a consensus target price of $921.46.

Insider Activity

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

Super Micro Computer Stock Performance

Shares of NASDAQ:SMCI traded down $103.89 during trading on Wednesday, hitting $513.05. The stock had a trading volume of 12,000,519 shares, compared to its average volume of 8,234,748. Super Micro Computer, Inc. has a 12-month low of $226.59 and a 12-month high of $1,229.00. The stock has a market capitalization of $28.69 billion, a price-to-earnings ratio of 28.76, a price-to-earnings-growth ratio of 0.39 and a beta of 1.27. The company has a quick ratio of 2.29, a current ratio of 4.69 and a debt-to-equity ratio of 0.35. The stock has a 50-day simple moving average of $806.02 and a two-hundred day simple moving average of $838.72.

Super Micro Computer (NASDAQ:SMCI) last announced its quarterly earnings data on Tuesday, August 6th. The company reported $6.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $7.63 by ($1.38). The firm had revenue of $5.31 billion during the quarter, compared to analysts’ expectations of $5.32 billion. Super Micro Computer had a return on equity of 34.09% and a net margin of 8.88%. The company’s revenue for the quarter was up 142.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.43 earnings per share. On average, equities research analysts expect that Super Micro Computer, Inc. will post 21.11 earnings per share for the current fiscal year.

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.