Robeco Institutional Asset Management B.V. Sells 13,645 Shares of Super Micro Computer, Inc. (NASDAQ:SMCI)

Robeco Institutional Asset Management B.V. reduced its position in Super Micro Computer, Inc. (NASDAQ:SMCI) by 64.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,563 shares of the company’s stock after selling 13,645 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Super Micro Computer were worth $3,149,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Invst LLC boosted its stake in shares of Super Micro Computer by 4.3% in the 1st quarter. Invst LLC now owns 337 shares of the company’s stock worth $350,000 after buying an additional 14 shares during the last quarter. Byrne Asset Management LLC lifted its position in Super Micro Computer by 10.4% during the second quarter. Byrne Asset Management LLC now owns 148 shares of the company’s stock valued at $132,000 after purchasing an additional 14 shares in the last quarter. Versant Capital Management Inc lifted its position in Super Micro Computer by 30.0% during the second quarter. Versant Capital Management Inc now owns 65 shares of the company’s stock valued at $53,000 after purchasing an additional 15 shares in the last quarter. Forum Financial Management LP lifted its position in Super Micro Computer by 0.8% during the first quarter. Forum Financial Management LP now owns 1,943 shares of the company’s stock valued at $1,962,000 after purchasing an additional 16 shares in the last quarter. Finally, Fielder Capital Group LLC lifted its position in Super Micro Computer by 2.8% during the second quarter. Fielder Capital Group LLC now owns 580 shares of the company’s stock valued at $475,000 after purchasing an additional 16 shares in the last quarter. 84.06% of the stock is currently owned by hedge funds and other institutional investors.

Super Micro Computer Price Performance

NASDAQ SMCI opened at $24.52 on Friday. 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 stock’s fifty day moving average price is $41.93 and its 200 day moving average price is $64.79. Super Micro Computer, Inc. has a 1 year low of $20.20 and a 1 year high of $122.90. The company has a market cap of $13.71 billion, a price-to-earnings ratio of 12.31 and a beta of 1.28.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the company. Bank of America downgraded Super Micro Computer from a “buy” rating to a “neutral” rating and lowered their target price for the company from $109.00 to $70.00 in a research report on Wednesday, August 7th. The Goldman Sachs Group lowered their target price on Super Micro Computer from $67.50 to $28.00 and set a “neutral” rating on the stock in a research report on Wednesday. Rosenblatt Securities reiterated a “buy” rating and set a $130.00 target price on shares of Super Micro Computer in a research report on Wednesday, August 7th. Susquehanna lifted their target price on Super Micro Computer from $28.50 to $32.50 and gave the company a “negative” rating in a research report on Monday, July 15th. Finally, Loop Capital decreased their price target on Super Micro Computer from $150.00 to $100.00 and set a “buy” rating on the stock in a report on Monday, September 23rd. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $66.89.

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.