Sanctuary Advisors LLC Has $701,000 Stock Holdings in Super Micro Computer, Inc. (NASDAQ:SMCI)

Sanctuary Advisors LLC decreased its position in shares of Super Micro Computer, Inc. (NASDAQ:SMCI) by 20.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 24,483 shares of the company’s stock after selling 6,151 shares during the quarter. Sanctuary Advisors LLC’s holdings in Super Micro Computer were worth $701,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Rakuten Securities Inc. lifted its stake in shares of Super Micro Computer by 391.8% in the 3rd quarter. Rakuten Securities Inc. now owns 76,660 shares of the company’s stock valued at $31,921,000 after purchasing an additional 61,071 shares during the period. Assetmark Inc. increased its position in shares of Super Micro Computer by 164.8% in the 3rd quarter. Assetmark Inc. now owns 150,333 shares of the company’s stock valued at $62,599,000 after buying an additional 93,569 shares in the last quarter. Clear Creek Financial Management LLC bought a new stake in shares of Super Micro Computer in the 4th quarter valued at $635,000. Nepsis Inc. bought a new stake in shares of Super Micro Computer in the 4th quarter valued at $13,625,000. Finally, Fifth Third Bancorp increased its position in shares of Super Micro Computer by 1,476.6% in the 4th quarter. Fifth Third Bancorp now owns 12,266 shares of the company’s stock valued at $374,000 after buying an additional 11,488 shares in the last quarter. Institutional investors and hedge funds own 84.06% of the company’s stock.

Insider Activity

In other news, CEO Charles Liang sold 46,293 shares of the firm’s stock in a transaction dated Wednesday, February 26th. The stock was 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 owns 67,403,640 shares in the company, valued at $3,381,640,618.80. This trade represents a 0.07 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP George Kao sold 71,720 shares of the firm’s stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $50.48, for a total transaction of $3,620,425.60. Following the completion of the sale, the senior vice president now owns 19,449 shares of the company’s stock, valued at $981,785.52. This trade represents a 78.67 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 17.60% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

SMCI has been the subject of a number of recent analyst reports. Northland Capmk upgraded shares of Super Micro Computer to a “strong-buy” rating in a research report on Friday, December 20th. Northland Securities restated an “outperform” rating and issued a $57.00 price objective (up previously from $54.00) on shares of Super Micro Computer in a research report on Wednesday, February 12th. JPMorgan Chase & Co. upped their price objective on shares of Super Micro Computer from $23.00 to $35.00 and gave the company an “underweight” rating in a research report on Wednesday, February 12th. The Goldman Sachs Group upped their price objective on shares of Super Micro Computer from $32.00 to $36.00 and gave the company a “neutral” rating in a research report on Monday, February 24th. Finally, StockNews.com upgraded Super Micro Computer to a “sell” rating in a report on Friday. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $61.87.

Super Micro Computer Price Performance

Shares of NASDAQ SMCI opened at $41.09 on Friday. The stock has a market capitalization of $24.06 billion, a price-to-earnings ratio of 20.63 and a beta of 1.30. The business has a 50-day moving average of $36.63 and a 200-day moving average of $39.68. 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 fifty-two week low of $17.25 and a fifty-two week high of $122.90.

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.