Super Micro Computer, Inc. (NASDAQ:SMCI) Shares Bought by Oxinas Partners Wealth Management LLC

Oxinas Partners Wealth Management LLC increased its position in Super Micro Computer, Inc. (NASDAQ:SMCI) by 1,588.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,605 shares of the company’s stock after acquiring an additional 25,029 shares during the period. Oxinas Partners Wealth Management LLC’s holdings in Super Micro Computer were worth $811,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Prairiewood Capital LLC acquired a new stake in shares of Super Micro Computer during the 4th quarter worth $457,000. Diversify Advisory Services LLC acquired a new stake in shares of Super Micro Computer during the fourth quarter valued at about $5,113,000. Annex Advisory Services LLC bought a new position in shares of Super Micro Computer during the fourth quarter worth about $6,708,000. Lbmc Investment Advisors LLC bought a new position in shares of Super Micro Computer during the fourth quarter worth about $344,000. Finally, Trust Co. of Vermont lifted its position in shares of Super Micro Computer by 900.0% during the fourth quarter. Trust Co. of Vermont now owns 1,000 shares of the company’s stock worth $30,000 after purchasing an additional 900 shares during the last quarter. Hedge funds and other institutional investors own 84.06% of the company’s stock.

Analyst Upgrades and Downgrades

SMCI has been the topic of several analyst reports. Northland Capmk upgraded shares of Super Micro Computer to a “strong-buy” rating in a research note on Friday, December 20th. Wedbush restated a “neutral” rating and issued a $32.00 price target (down previously from $62.00) on shares of Super Micro Computer in a research report on Monday, November 4th. Argus lowered shares of Super Micro Computer from a “buy” rating to a “hold” rating in a research report on Thursday, October 31st. Barclays decreased their price objective 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. Finally, The Goldman Sachs Group decreased their target price on shares of Super Micro Computer from $67.50 to $28.00 and set a “neutral” rating for the company in a research note 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 issued a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $66.89.

Super Micro Computer Trading Up 5.3 %

NASDAQ:SMCI opened at $32.45 on Wednesday. The firm has a market cap of $18.15 billion, a P/E ratio of 16.29 and a beta of 1.31. Super Micro Computer, Inc. has a 52 week low of $17.25 and a 52 week high of $122.90. The firm’s fifty day moving average is $32.95 and its 200-day moving average is $45.94. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.93 and a current ratio of 3.77.

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.