GAMMA Investing LLC Has $193,000 Stock Holdings in Super Micro Computer, Inc. (NASDAQ:SMCI)

GAMMA Investing LLC lifted its stake in Super Micro Computer, Inc. (NASDAQ:SMCI) by 1,160.6% during the fourth quarter, Holdings Channel.com reports. The fund owned 6,341 shares of the company’s stock after buying an additional 5,838 shares during the period. GAMMA Investing LLC’s holdings in Super Micro Computer were worth $193,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Hazlett Burt & Watson Inc. increased its position in shares of Super Micro Computer by 141.2% during the 2nd quarter. Hazlett Burt & Watson Inc. now owns 41 shares of the company’s stock worth $34,000 after purchasing an additional 24 shares during the last quarter. Resources Management Corp CT ADV increased its holdings in Super Micro Computer by 100.0% during the second quarter. Resources Management Corp CT ADV now owns 60 shares of the company’s stock worth $49,000 after buying an additional 30 shares during the last quarter. Clear Point Advisors Inc. raised its position in Super Micro Computer by 471.4% during the second quarter. Clear Point Advisors Inc. now owns 80 shares of the company’s stock worth $66,000 after acquiring an additional 66 shares in the last quarter. Emerald Mutual Fund Advisers Trust acquired a new stake in Super Micro Computer in the third quarter valued at $87,000. Finally, Quarry LP grew its position in shares of Super Micro Computer by 5,850.0% in the 2nd quarter. Quarry LP now owns 119 shares of the company’s stock valued at $98,000 after acquiring an additional 117 shares during the period. Institutional investors own 84.06% of the company’s stock.

Analyst Upgrades and Downgrades

SMCI has been the subject of several recent analyst reports. Mizuho assumed coverage on shares of Super Micro Computer in a research note on Tuesday, September 17th. They issued a “neutral” rating and a $45.00 target price for the company. Needham & Company LLC initiated coverage on Super Micro Computer in a research report on Wednesday, September 18th. They issued a “buy” rating and a $60.00 price objective for the company. Barclays decreased their target price on Super Micro Computer from $438.00 to $42.00 and set an “equal weight” rating on the stock in a report on Wednesday, October 2nd. Loop Capital reduced their price objective on shares of Super Micro Computer from $150.00 to $100.00 and set a “buy” rating for the company in a research report on Monday, September 23rd. Finally, The Goldman Sachs Group dropped their price objective on shares of Super Micro Computer from $67.50 to $28.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 6th. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $66.89.

Super Micro Computer Stock Down 5.1 %

NASDAQ SMCI opened at $32.61 on Thursday. The company has a current ratio of 3.77, a quick ratio of 1.93 and a debt-to-equity ratio of 0.32. The company has a market cap of $18.24 billion, a price-to-earnings ratio of 16.37 and a beta of 1.31. The company has a 50 day moving average of $31.82 and a 200-day moving average of $49.26. Super Micro Computer, Inc. has a 1-year low of $17.25 and a 1-year high of $122.90.

Super Micro Computer Profile

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.