Super Micro Computer, Inc. (NASDAQ:SMCI) Shares Sold by Ulland Investment Advisors LLC

Ulland Investment Advisors LLC decreased its holdings in shares of Super Micro Computer, Inc. (NASDAQ:SMCI) by 10.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,470 shares of the company’s stock after selling 530 shares during the quarter. Ulland Investment Advisors LLC’s holdings in Super Micro Computer were worth $136,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Prairiewood Capital LLC purchased a new position in shares of Super Micro Computer during the fourth quarter worth about $457,000. Diversify Advisory Services LLC acquired a new stake in shares of Super Micro Computer in the 4th quarter valued at about $5,113,000. Annex Advisory Services LLC purchased a new position in Super Micro Computer during the 4th quarter worth approximately $6,708,000. Lbmc Investment Advisors LLC acquired a new position in Super Micro Computer during the fourth quarter worth approximately $344,000. Finally, Trust Co. of Vermont lifted its stake in Super Micro Computer by 900.0% in the fourth quarter. Trust Co. of Vermont now owns 1,000 shares of the company’s stock valued at $30,000 after buying an additional 900 shares during the last quarter. 84.06% of the stock is currently owned by hedge funds and other institutional investors.

Super Micro Computer Price Performance

Shares of NASDAQ SMCI opened at $30.82 on Tuesday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.93 and a current ratio of 3.77. Super Micro Computer, Inc. has a one year low of $17.25 and a one year high of $122.90. The firm has a market capitalization of $17.24 billion, a P/E ratio of 15.47 and a beta of 1.31. The company’s fifty day moving average is $32.59 and its two-hundred day moving average is $46.69.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. Loop Capital lowered their target price on shares of Super Micro Computer from $150.00 to $100.00 and set a “buy” rating on the stock in a research report on Monday, September 23rd. JPMorgan Chase & Co. lowered shares of Super Micro Computer from a “neutral” rating to an “underweight” rating and dropped their price objective for the company from $50.00 to $23.00 in a research note on Wednesday, November 6th. Barclays reduced their target price on shares of Super Micro Computer from $438.00 to $42.00 and set an “equal weight” rating for the company in a report on Wednesday, October 2nd. Argus lowered Super Micro Computer from a “buy” rating to a “hold” rating in a report on Thursday, October 31st. Finally, StockNews.com downgraded Super Micro Computer from a “hold” rating to a “sell” rating in a research note on Wednesday, October 9th. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $66.89.

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.