Janus Henderson Group PLC Purchases 1,736 Shares of Super Micro Computer, Inc. (NASDAQ:SMCI)

Janus Henderson Group PLC increased its position in shares of Super Micro Computer, Inc. (NASDAQ:SMCI) by 36.0% during the third quarter, HoldingsChannel.com reports. The fund owned 6,560 shares of the company’s stock after acquiring an additional 1,736 shares during the period. Janus Henderson Group PLC’s holdings in Super Micro Computer were worth $2,732,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of SMCI. International Assets Investment Management LLC increased its holdings in Super Micro Computer by 63,634.1% during the 3rd quarter. International Assets Investment Management LLC now owns 916,496 shares of the company’s stock worth $381,629,000 after acquiring an additional 915,058 shares during the period. Bridgewater Associates LP increased its holdings in Super Micro Computer by 921.1% during the 3rd quarter. Bridgewater Associates LP now owns 161,104 shares of the company’s stock worth $67,084,000 after acquiring an additional 145,327 shares during the period. Van ECK Associates Corp increased its holdings in Super Micro Computer by 1,169.5% during the 3rd quarter. Van ECK Associates Corp now owns 134,670 shares of the company’s stock worth $56,077,000 after acquiring an additional 124,062 shares during the period. American Century Companies Inc. increased its holdings in Super Micro Computer by 511.9% during the 2nd quarter. American Century Companies Inc. now owns 131,855 shares of the company’s stock worth $108,035,000 after acquiring an additional 110,308 shares during the period. Finally, Inspire Investing LLC grew its stake in Super Micro Computer by 1,730.3% in the 3rd quarter. Inspire Investing LLC now owns 107,421 shares of the company’s stock worth $44,730,000 after buying an additional 101,552 shares in the last quarter. Institutional investors own 84.06% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have commented on SMCI. Barclays cut their price target on shares of Super Micro Computer from $438.00 to $42.00 and set an “equal weight” rating for the company in a research note on Wednesday, October 2nd. Argus cut shares of Super Micro Computer from a “buy” rating to a “hold” rating in a research note on Thursday, October 31st. StockNews.com cut shares of Super Micro Computer from a “hold” rating to a “sell” rating in a research note on Wednesday, October 9th. Cfra reaffirmed a “hold” rating and issued a $45.40 price objective (down previously from $72.90) on shares of Super Micro Computer in a research note on Wednesday, August 28th. Finally, Mizuho began coverage on shares of Super Micro Computer in a research note on Tuesday, September 17th. They issued a “neutral” rating and a $45.00 price objective for the company. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $66.89.

Super Micro Computer Stock Performance

SMCI opened at $38.29 on Thursday. Super Micro Computer, Inc. has a 12-month low of $17.25 and a 12-month high of $122.90. The company has a market cap of $21.42 billion, a price-to-earnings ratio of 19.24 and a beta of 1.29. The company’s 50 day moving average is $36.96 and its 200 day moving average is $56.36. The company has a current ratio of 3.77, a quick ratio of 1.93 and a debt-to-equity ratio of 0.32.

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.