Integral Investment Advisors Inc. Takes Position in Super Micro Computer, Inc. (NASDAQ:SMCI)

Integral Investment Advisors Inc. bought a new position in Super Micro Computer, Inc. (NASDAQ:SMCI) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 7,775 shares of the company’s stock, valued at approximately $237,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Salem Investment Counselors Inc. acquired a new position in Super Micro Computer in the 4th quarter worth $30,000. Trust Co. of Vermont lifted its position in Super Micro Computer by 900.0% during the 4th quarter. Trust Co. of Vermont now owns 1,000 shares of the company’s stock worth $30,000 after buying an additional 900 shares in the last quarter. Toth Financial Advisory Corp bought a new stake in Super Micro Computer during the 4th quarter worth about $31,000. Golden State Wealth Management LLC bought a new stake in Super Micro Computer during the 4th quarter worth about $34,000. Finally, Blue Trust Inc. lifted its position in Super Micro Computer by 203.2% during the 4th quarter. Blue Trust Inc. now owns 1,231 shares of the company’s stock worth $38,000 after buying an additional 825 shares in the last quarter. 84.06% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have commented on SMCI. Northland Capmk raised shares of Super Micro Computer to a “strong-buy” rating in a research report on Friday, December 20th. JPMorgan Chase & Co. boosted their price target on shares of Super Micro Computer from $23.00 to $35.00 and gave the stock an “underweight” rating in a research report on Wednesday, February 12th. The Goldman Sachs Group cut their price target on shares of Super Micro Computer from $67.50 to $28.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 6th. Loop Capital reissued a “buy” rating on shares of Super Micro Computer in a research report on Tuesday. Finally, Wedbush reissued a “hold” rating on shares of Super Micro Computer in a research report on Tuesday. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Super Micro Computer currently has an average rating of “Hold” and an average target price of $60.20.

Super Micro Computer Stock Down 5.4 %

Super Micro Computer stock opened at $56.07 on Friday. The stock has a market cap of $32.83 billion, a P/E ratio of 28.15 and a beta of 1.30. The company has a quick ratio of 1.93, a current ratio of 3.77 and a debt-to-equity ratio of 0.32. Super Micro Computer, Inc. has a twelve month low of $17.25 and a twelve month high of $122.90. The company’s 50-day moving average price is $35.23 and its two-hundred day moving average price is $39.82.

About Super Micro Computer

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.