Oregon Public Employees Retirement Fund Has $1.32 Million Stock Position in Super Micro Computer, Inc. (NASDAQ:SMCI)

Oregon Public Employees Retirement Fund boosted its position in shares of Super Micro Computer, Inc. (NASDAQ:SMCI) by 901.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 43,170 shares of the company’s stock after purchasing an additional 38,859 shares during the period. Oregon Public Employees Retirement Fund’s holdings in Super Micro Computer were worth $1,316,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of SMCI. Bank of New York Mellon Corp boosted its position in Super Micro Computer by 798.1% during the fourth quarter. Bank of New York Mellon Corp now owns 2,944,620 shares of the company’s stock valued at $89,752,000 after purchasing an additional 2,616,757 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its position in shares of Super Micro Computer by 956.6% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,317,018 shares of the company’s stock worth $40,143,000 after buying an additional 1,192,366 shares during the last quarter. National Pension Service acquired a new stake in shares of Super Micro Computer in the fourth quarter worth about $28,932,000. Rhumbline Advisers lifted its position in shares of Super Micro Computer by 897.0% in the fourth quarter. Rhumbline Advisers now owns 984,305 shares of the company’s stock worth $30,002,000 after buying an additional 885,582 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its position in shares of Super Micro Computer by 887.7% in the fourth quarter. Principal Financial Group Inc. now owns 625,339 shares of the company’s stock worth $19,060,000 after buying an additional 562,029 shares during the last quarter. Institutional investors and hedge funds own 84.06% of the company’s stock.

Insider Activity at Super Micro Computer

In other news, CEO Charles Liang sold 46,293 shares of the company’s stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $50.17, for a total value of $2,322,519.81. Following the sale, the chief executive officer now directly owns 67,403,640 shares in the company, valued at approximately $3,381,640,618.80. This represents a 0.07 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, SVP George Kao sold 71,720 shares of the company’s stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of $50.48, for a total value of $3,620,425.60. Following the completion of the sale, the senior vice president now owns 19,449 shares in the company, valued at approximately $981,785.52. This represents a 78.67 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 17.60% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on SMCI shares. Northland Capmk raised Super Micro Computer to a “strong-buy” rating in a research report on Friday, December 20th. Northland Securities reaffirmed an “outperform” rating and issued a $57.00 price target (up previously from $54.00) on shares of Super Micro Computer in a research report on Wednesday, February 12th. Wedbush reaffirmed a “hold” rating on shares of Super Micro Computer in a research report on Tuesday, February 18th. Loop Capital reaffirmed a “buy” rating on shares of Super Micro Computer in a research report on Tuesday, February 18th. Finally, The Goldman Sachs Group boosted their price target on Super Micro Computer from $32.00 to $36.00 and gave the stock a “neutral” rating in a research report on Monday, February 24th. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $61.87.

Super Micro Computer Trading Down 4.3 %

Shares of SMCI opened at $41.09 on Friday. Super Micro Computer, Inc. has a 12-month low of $17.25 and a 12-month high of $122.90. The company has a quick ratio of 1.93, a current ratio of 3.77 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $24.38 billion, a price-to-earnings ratio of 20.63 and a beta of 1.30. The stock’s 50-day moving average price is $36.63 and its 200 day moving average price is $39.58.

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.