Strs Ohio Has $784000 Holdings in Super Micro Computer, Inc. (NASDAQ:SMCI) – Defense World
Posted by admin on Jul 16th, 2022 
Strs Ohio lessened its holdings in Super Micro Computer, Inc. (NASDAQ:SMCI – Get Rating) by 21.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,600 shares of the company’s stock after selling 5,500 shares during the period. Strs Ohio’s holdings in Super Micro Computer were worth $784,000 at the end of the most recent quarter.
A number of other institutional investors have also added to or reduced their stakes in the company. NorthCrest Asset Manangement LLC grew its position in Super Micro Computer by 1.5% in the 1st quarter. NorthCrest Asset Manangement LLC now owns 27,200 shares of the company’s stock worth $1,036,000 after purchasing an additional 400 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Super Micro Computer by 10.5% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,815 shares of the company’s stock worth $183,000 after purchasing an additional 459 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its position in Super Micro Computer by 7.8% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 7,023 shares of the company’s stock worth $309,000 after purchasing an additional 509 shares in the last quarter. Swiss National Bank grew its position in Super Micro Computer by 0.9% in the 4th quarter. Swiss National Bank now owns 89,100 shares of the company’s stock worth $3,916,000 after purchasing an additional 800 shares in the last quarter. Finally, Lazard Asset Management LLC grew its position in Super Micro Computer by 22.6% in the 4th quarter. Lazard Asset Management LLC now owns 5,542 shares of the company’s stock worth $243,000 after purchasing an additional 1,022 shares in the last quarter. 69.00% of the stock is owned by institutional investors.
In related news, Director Sherman Tuan sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, May 13th. The shares were sold at an average price of $51.95, for a total value of $519,500.00. Following the completion of the transaction, the director now directly owns 24,889 shares of the company’s stock, valued at approximately $1,292,983.55. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In related news, Director Sherman Tuan sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, May 13th. The shares were sold at an average price of $51.95, for a total value of $519,500.00. Following the completion of the transaction, the director now directly owns 24,889 shares of the company’s stock, valued at approximately $1,292,983.55. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Charles Liang sold 5,388 shares of the firm’s stock in a transaction that occurred on Tuesday, April 19th. The stock was sold at an average price of $42.00, for a total transaction of $226,296.00. Following the completion of the transaction, the chief executive officer now directly owns 45,305 shares of the company’s stock, valued at $1,902,810. The disclosure for this sale can be found here. 14.50% of the stock is owned by insiders.
Super Micro Computer stock opened at $42.16 on Friday. Super Micro Computer, Inc. has a twelve month low of $33.48 and a twelve month high of $58.34. The firm has a 50 day moving average price of $46.68 and a 200-day moving average price of $43.24. The company has a market capitalization of $2.19 billion, a P/E ratio of 12.29 and a beta of 1.24. The company has a quick ratio of 0.73, a current ratio of 1.79 and a debt-to-equity ratio of 0.11.
Super Micro Computer (NASDAQ:SMCI – Get Rating) last released its earnings results on Tuesday, May 3rd. The company reported $1.45 earnings per share for the quarter, beating analysts’ consensus estimates of $1.27 by $0.18. Super Micro Computer had a net margin of 3.96% and a return on equity of 15.92%. The firm had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.26 billion. During the same period in the prior year, the firm earned $0.39 EPS. The company’s revenue was up 51.3% compared to the same quarter last year. As a group, equities analysts predict that Super Micro Computer, Inc. will post 4.04 EPS for the current year.
A number of brokerages have issued reports on SMCI. Northland Securities upped their price objective on shares of Super Micro Computer from $70.00 to $85.00 in a research report on Wednesday, May 4th. StockNews.com began coverage on shares of Super Micro Computer in a research report on Thursday, March 31st. They set a “hold” rating for the company. Finally, Loop Capital increased their target price on shares of Super Micro Computer from $60.00 to $100.00 in a research report on Wednesday, May 4th.
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Super Micro Computer, Inc, together with its subsidiaries, develops and manufactures high-performance server and storage solutions based on modular and open architecture. Its solutions range from complete server, storage, modular blade servers, blades, workstations, full racks, networking devices, server management software, and server sub-systems, as well as support and services.
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