Trexquant Investment LP Buys 13,525 Shares of Super Micro Computer, Inc. (NASDAQ:SMCI)

Trexquant Investment LP grew its stake in shares of Super Micro Computer, Inc. (NASDAQ:SMCIGet Rating) by 100.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 27,052 shares of the company’s stock after purchasing an additional 13,525 shares during the period. Trexquant Investment LP owned approximately 0.05% of Super Micro Computer worth $1,490,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. DekaBank Deutsche Girozentrale bought a new stake in Super Micro Computer during the third quarter worth about $37,000. Signaturefd LLC boosted its stake in Super Micro Computer by 291.7% during the third quarter. Signaturefd LLC now owns 1,175 shares of the company’s stock worth $65,000 after acquiring an additional 875 shares in the last quarter. Silvant Capital Management LLC bought a new stake in Super Micro Computer during the third quarter worth about $68,000. C M Bidwell & Associates Ltd. bought a new stake in Super Micro Computer during the second quarter worth about $56,000. Finally, USA Financial Portformulas Corp bought a new stake in Super Micro Computer during the third quarter worth about $78,000. Institutional investors own 73.08% of the company’s stock.

Super Micro Computer Trading Down 5.9 %

Shares of NASDAQ SMCI opened at $92.76 on Monday. The firm’s 50 day moving average price is $86.17 and its 200-day moving average price is $77.04. The company has a market cap of $4.98 billion, a PE ratio of 8.82 and a beta of 1.26. Super Micro Computer, Inc. has a 52-week low of $34.11 and a 52-week high of $104.30. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.34 and a current ratio of 2.89.

Super Micro Computer (NASDAQ:SMCIGet Rating) last issued its earnings results on Tuesday, January 31st. The company reported $3.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.95 by $0.14. The firm had revenue of $1.80 billion for the quarter, compared to the consensus estimate of $1.77 billion. Super Micro Computer had a net margin of 8.70% and a return on equity of 37.49%. On average, equities research analysts expect that Super Micro Computer, Inc. will post 9.93 EPS for the current fiscal year.

Insider Transactions at Super Micro Computer

In other news, CEO Charles Liang sold 43,772 shares of the business’s stock in a transaction that occurred on Thursday, January 19th. The shares were sold at an average price of $71.26, for a total transaction of $3,119,192.72. Following the completion of the transaction, the chief executive officer now directly owns 6,722,717 shares of the company’s stock, valued at $479,060,813.42. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, SVP George Kao sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, February 3rd. The shares were sold at an average price of $85.04, for a total transaction of $170,080.00. Following the completion of the transaction, the senior vice president now directly owns 7,149 shares of the company’s stock, valued at $607,950.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Charles Liang sold 43,772 shares of the business’s stock in a transaction that occurred on Thursday, January 19th. The shares were sold at an average price of $71.26, for a total transaction of $3,119,192.72. Following the transaction, the chief executive officer now directly owns 6,722,717 shares of the company’s stock, valued at $479,060,813.42. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 101,772 shares of company stock worth $7,917,123. Corporate insiders own 14.50% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Northland Securities boosted their price objective on shares of Super Micro Computer from $165.00 to $175.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 1st. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $90.00.

Super Micro Computer Profile

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Super Micro Computer, Inc engages in the distribution and manufacture of information technology solutions and other computer products. Its products include twin solutions, MP servers, GPU and coprocessor, MicroCloud, AMD solutions, power supplies, SuperServer, storage, motherboards, chassis, super workstations, accessories, SuperRack and server management products.

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Institutional Ownership by Quarter for Super Micro Computer (NASDAQ:SMCI)

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