Lisanti Capital Growth LLC Has $664,000 Stock Holdings in Super Micro Computer, Inc. (NASDAQ:SMCI)

Lisanti Capital Growth LLC lowered its holdings in Super Micro Computer, Inc. (NASDAQ:SMCI) by 83.4% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,335 shares of the company’s stock after selling 11,740 shares during the quarter. Lisanti Capital Growth LLC’s holdings in Super Micro Computer were worth $664,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the business. Allworth Financial LP increased its position in Super Micro Computer by 28.6% during the fourth quarter. Allworth Financial LP now owns 126 shares of the company’s stock worth $36,000 after acquiring an additional 28 shares during the period. Blue Trust Inc. raised its position in shares of Super Micro Computer by 29.5% during the fourth quarter. Blue Trust Inc. now owns 180 shares of the company’s stock valued at $49,000 after buying an additional 41 shares during the last quarter. Signaturefd LLC lifted its stake in shares of Super Micro Computer by 8.0% in the third quarter. Signaturefd LLC now owns 610 shares of the company’s stock valued at $167,000 after buying an additional 45 shares during the period. Quintet Private Bank Europe S.A. grew its position in Super Micro Computer by 1.8% during the third quarter. Quintet Private Bank Europe S.A. now owns 3,445 shares of the company’s stock worth $945,000 after buying an additional 60 shares in the last quarter. Finally, Ritholtz Wealth Management raised its holdings in Super Micro Computer by 2.8% in the 4th quarter. Ritholtz Wealth Management now owns 2,205 shares of the company’s stock valued at $627,000 after acquiring an additional 60 shares in the last quarter. 84.06% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

SMCI has been the topic of several recent research reports. Argus assumed coverage on Super Micro Computer in a report on Wednesday, March 6th. They set a “buy” rating and a $1,350.00 price objective on the stock. Rosenblatt Securities reissued a “buy” rating and issued a $1,300.00 price target on shares of Super Micro Computer in a report on Wednesday, May 1st. Wells Fargo & Company reduced their price objective on shares of Super Micro Computer from $960.00 to $890.00 and set an “equal weight” rating for the company in a report on Wednesday, May 1st. StockNews.com raised shares of Super Micro Computer from a “sell” rating to a “hold” rating in a research note on Wednesday, May 1st. Finally, KeyCorp assumed coverage on shares of Super Micro Computer in a research note on Wednesday, April 24th. They set a “sector weight” rating for the company. One analyst has rated the stock with a sell rating, five have given a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $954.38.

Super Micro Computer Price Performance

Super Micro Computer stock traded down $11.06 on Tuesday, reaching $819.29. The company’s stock had a trading volume of 4,072,302 shares, compared to its average volume of 9,531,734. Super Micro Computer, Inc. has a twelve month low of $131.06 and a twelve month high of $1,229.00. The company has a market cap of $45.82 billion, a price-to-earnings ratio of 45.92, a PEG ratio of 0.71 and a beta of 1.34. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.29 and a current ratio of 4.69. The business’s fifty day moving average price is $945.42 and its 200 day moving average price is $590.67.

Insider Buying and Selling

In related news, SVP Don W. Clegg sold 28,727 shares of the firm’s stock in a transaction dated Wednesday, February 14th. The stock was sold at an average price of $874.57, for a total value of $25,123,772.39. Following the transaction, the senior vice president now owns 2,110 shares in the company, valued at $1,845,342.70. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In other Super Micro Computer news, SVP Don W. Clegg sold 28,727 shares of Super Micro Computer stock in a transaction on Wednesday, February 14th. The shares were sold at an average price of $874.57, for a total transaction of $25,123,772.39. Following the completion of the sale, the senior vice president now owns 2,110 shares of the company’s stock, valued at approximately $1,845,342.70. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Sherman Tuan sold 5,000 shares of the company’s stock in a transaction dated Thursday, February 29th. The shares were sold at an average price of $873.98, for a total value of $4,369,900.00. Following the completion of the sale, the director now owns 22,113 shares of the company’s stock, valued at approximately $19,326,319.74. The disclosure for this sale can be found here. Insiders have sold a total of 34,252 shares of company stock worth $29,950,223 in the last 90 days. Corporate insiders own 17.60% of the company’s stock.

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.