Voya Investment Management LLC Has $9.24 Million Holdings in Super Micro Computer, Inc. (NASDAQ:SMCI)

Voya Investment Management LLC raised its holdings in shares of Super Micro Computer, Inc. (NASDAQ:SMCI) by 843.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 303,029 shares of the company’s stock after purchasing an additional 270,918 shares during the period. Voya Investment Management LLC owned 0.05% of Super Micro Computer worth $9,236,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in SMCI. Integrated Wealth Concepts LLC raised its position in shares of Super Micro Computer by 1,185.1% in the 4th quarter. Integrated Wealth Concepts LLC now owns 15,820 shares of the company’s stock valued at $482,000 after acquiring an additional 14,589 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. raised its position in shares of Super Micro Computer by 304.0% in the 4th quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 207,159 shares of the company’s stock valued at $6,293,000 after acquiring an additional 155,881 shares during the period. Adage Capital Partners GP L.L.C. raised its position in shares of Super Micro Computer by 960.3% in the 4th quarter. Adage Capital Partners GP L.L.C. now owns 360,500 shares of the company’s stock valued at $10,988,000 after acquiring an additional 326,500 shares during the period. Fuller & Thaler Asset Management Inc. raised its position in shares of Super Micro Computer by 872.6% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 4,396 shares of the company’s stock valued at $134,000 after acquiring an additional 3,944 shares during the period. Finally, GMT Capital Corp raised its position in shares of Super Micro Computer by 6,895.2% in the 4th quarter. GMT Capital Corp now owns 146,900 shares of the company’s stock valued at $4,478,000 after acquiring an additional 144,800 shares during the period. 84.06% of the stock is currently owned by institutional investors and hedge funds.

Super Micro Computer Trading Up 2.2 %

Super Micro Computer stock opened at $37.27 on Tuesday. The firm has a 50-day moving average of $37.91 and a 200-day moving average of $35.99. Super Micro Computer, Inc. has a one year low of $17.25 and a one year high of $101.40. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.77 and a quick ratio of 1.93. The company has a market cap of $22.12 billion, a price-to-earnings ratio of 18.71 and a beta of 1.22.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Citigroup assumed coverage on shares of Super Micro Computer in a research report on Friday. They issued a “neutral” rating and a $39.00 price target on the stock. Barclays initiated coverage on shares of Super Micro Computer in a research note on Thursday, February 27th. They issued an “equal weight” rating and a $59.00 price target on the stock. Cfra raised shares of Super Micro Computer from a “hold” rating to a “buy” rating and set a $48.00 price objective for the company in a research report on Tuesday, February 11th. Rosenblatt Securities started coverage on shares of Super Micro Computer in a research report on Monday, March 10th. They issued a “buy” rating and a $60.00 price objective on the stock. Finally, Northland Securities set a $70.00 target price on shares of Super Micro Computer in a research note on Thursday, March 6th. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $51.67.

Insider Activity

In other news, Director Robert L. Blair sold 19,460 shares of the company’s stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $42.58, for a total value of $828,606.80. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Charles Liang sold 46,293 shares of the company’s stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $50.17, for a total transaction of $2,322,519.81. Following the completion of the sale, the chief executive officer now directly owns 67,403,640 shares in the company, valued at approximately $3,381,640,618.80. The trade was a 0.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 137,473 shares of company stock valued at $6,771,552. 17.60% of the stock is owned by company insiders.

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.