De Lisle Partners LLP Invests $1.25 Million in Super Micro Computer, Inc. (NASDAQ:SMCI)

De Lisle Partners LLP bought a new stake in Super Micro Computer, Inc. (NASDAQ:SMCI) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 3,000 shares of the company’s stock, valued at approximately $1,249,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Farmers & Merchants Investments Inc. increased its position in shares of Super Micro Computer by 400.0% during the 2nd quarter. Farmers & Merchants Investments Inc. now owns 30 shares of the company’s stock worth $25,000 after purchasing an additional 24 shares during the last quarter. Moser Wealth Advisors LLC acquired a new position in Super Micro Computer during the second quarter worth $25,000. Hazlett Burt & Watson Inc. increased its holdings in Super Micro Computer by 141.2% during the second quarter. Hazlett Burt & Watson Inc. now owns 41 shares of the company’s stock worth $34,000 after buying an additional 24 shares during the last quarter. AlphaCentric Advisors LLC bought a new stake in Super Micro Computer during the second quarter worth $42,000. Finally, First PREMIER Bank lifted its stake in Super Micro Computer by 126.1% in the second quarter. First PREMIER Bank now owns 52 shares of the company’s stock valued at $43,000 after acquiring an additional 29 shares during the last quarter. Institutional investors own 84.06% of the company’s stock.

Super Micro Computer Stock Up 1.9 %

Shares of SMCI opened at $35.07 on Thursday. The firm has a 50 day simple moving average of $37.70 and a two-hundred day simple moving average of $59.71. 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 one year low of $17.25 and a one year high of $122.90. The company has a market cap of $19.62 billion, a P/E ratio of 17.61 and a beta of 1.28.

Analyst Ratings Changes

SMCI has been the topic of a number of research analyst reports. Mizuho began coverage on shares of Super Micro Computer in a report on Tuesday, September 17th. They issued a “neutral” rating and a $45.00 target price on the stock. StockNews.com cut Super Micro Computer from a “hold” rating to a “sell” rating in a research report on Wednesday, October 9th. Bank of America lowered Super Micro Computer from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $109.00 to $70.00 in a report on Wednesday, August 7th. The Goldman Sachs Group cut their price target on Super Micro Computer from $67.50 to $28.00 and set a “neutral” rating for the company in a report on Wednesday, November 6th. Finally, JPMorgan Chase & Co. cut Super Micro Computer from a “neutral” rating to an “underweight” rating and dropped their price target for the stock from $50.00 to $23.00 in a report on Wednesday, November 6th. Three analysts have rated the stock with a sell rating, eleven have given a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target 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.