GAMMA Investing LLC Has $193,000 Stake in Super Micro Computer, Inc. (NASDAQ:SMCI)

GAMMA Investing LLC raised its holdings in Super Micro Computer, Inc. (NASDAQ:SMCI) by 1,160.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,341 shares of the company’s stock after purchasing an additional 5,838 shares during the quarter. GAMMA Investing LLC’s holdings in Super Micro Computer were worth $193,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in SMCI. Hazlett Burt & Watson Inc. lifted its position in Super Micro Computer by 141.2% during the 2nd quarter. Hazlett Burt & Watson Inc. now owns 41 shares of the company’s stock worth $34,000 after buying an additional 24 shares in the last quarter. Resources Management Corp CT ADV lifted its position in shares of Super Micro Computer by 100.0% during the second quarter. Resources Management Corp CT ADV now owns 60 shares of the company’s stock worth $49,000 after purchasing an additional 30 shares in the last quarter. Clear Point Advisors Inc. lifted its position in shares of Super Micro Computer by 471.4% during the second quarter. Clear Point Advisors Inc. now owns 80 shares of the company’s stock worth $66,000 after purchasing an additional 66 shares in the last quarter. Emerald Mutual Fund Advisers Trust acquired a new stake in shares of Super Micro Computer in the third quarter valued at approximately $87,000. Finally, Quarry LP raised its position in Super Micro Computer by 5,850.0% in the 2nd quarter. Quarry LP now owns 119 shares of the company’s stock worth $98,000 after purchasing an additional 117 shares during the last quarter. Institutional investors own 84.06% of the company’s stock.

Analysts Set New Price Targets

SMCI has been the topic of a number of recent research reports. StockNews.com lowered Super Micro Computer from a “hold” rating to a “sell” rating in a research report on Wednesday, October 9th. Needham & Company LLC started coverage on Super Micro Computer in a report on Wednesday, September 18th. They issued a “buy” rating and a $60.00 price target on the stock. Argus cut Super Micro Computer from a “buy” rating to a “hold” rating in a report on Thursday, October 31st. JPMorgan Chase & Co. lowered shares of Super Micro Computer from a “neutral” rating to an “underweight” rating and reduced their target price for the company from $50.00 to $23.00 in a research note on Wednesday, November 6th. Finally, The Goldman Sachs Group dropped their price target on shares of Super Micro Computer from $67.50 to $28.00 and set a “neutral” rating for the company in a research note on Wednesday, November 6th. Three research analysts have rated the stock with a sell rating, eleven have issued a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $66.89.

Super Micro Computer Stock Performance

SMCI opened at $32.61 on Thursday. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.77 and a quick ratio of 1.93. The company has a market capitalization of $18.24 billion, a price-to-earnings ratio of 16.37 and a beta of 1.31. The business’s 50-day moving average price is $31.82 and its two-hundred day moving average price is $49.26. Super Micro Computer, Inc. has a 1 year low of $17.25 and a 1 year high of $122.90.

Super Micro Computer Company 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.