Macquarie Group Ltd. increased its position in shares of Super Micro Computer, Inc. (NASDAQ:SMCI) by 7.3% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,469,796 shares of the technology company’s stock after purchasing an additional 100,234 shares during the period. Macquarie Group Ltd. owned approximately 3.02% of Super Micro Computer worth $32,482,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Royce & Associates LP raised its holdings in Super Micro Computer by 56.2% during the second quarter. Royce & Associates LP now owns 737,292 shares of the technology company’s stock worth $18,174,000 after purchasing an additional 265,164 shares in the last quarter. Thompson Siegel & Walmsley LLC raised its holdings in Super Micro Computer by 15.3% during the second quarter. Thompson Siegel & Walmsley LLC now owns 446,992 shares of the technology company’s stock worth $11,019,000 after purchasing an additional 59,235 shares in the last quarter. Schwab Charles Investment Management Inc. raised its holdings in Super Micro Computer by 15.9% during the second quarter. Schwab Charles Investment Management Inc. now owns 250,221 shares of the technology company’s stock worth $6,168,000 after purchasing an additional 34,390 shares in the last quarter. Northern Trust Corp raised its holdings in Super Micro Computer by 3.2% during the second quarter. Northern Trust Corp now owns 497,363 shares of the technology company’s stock worth $12,260,000 after purchasing an additional 15,652 shares in the last quarter. Finally, Voya Investment Management LLC raised its holdings in Super Micro Computer by 34.5% during the second quarter. Voya Investment Management LLC now owns 559,527 shares of the technology company’s stock worth $13,792,000 after purchasing an additional 143,562 shares in the last quarter. 82.28% of the stock is owned by hedge funds and other institutional investors.

Super Micro Computer, Inc. (NASDAQ:SMCI) opened at $21.30 on Friday. The company has a current ratio of 2.34, a quick ratio of 1.15 and a debt-to-equity ratio of 0.12. Super Micro Computer, Inc. has a 1 year low of $17.70 and a 1 year high of $31.75. The firm has a market cap of $1,037.16, a PE ratio of 15.90, a price-to-earnings-growth ratio of 1.24 and a beta of -0.12.

Several research analysts recently issued reports on the stock. Stifel Nicolaus set a $30.00 price target on shares of Super Micro Computer and gave the stock a “hold” rating in a report on Tuesday, August 15th. ValuEngine lowered shares of Super Micro Computer from a “buy” rating to a “hold” rating in a research report on Thursday, July 27th. KeyCorp restated a “hold” rating on shares of Super Micro Computer in a research report on Friday, September 1st. Zacks Investment Research upgraded shares of Super Micro Computer from a “sell” rating to a “hold” rating in a research report on Friday, August 11th. Finally, DA Davidson lowered shares of Super Micro Computer from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $33.00 to $27.00 in a research report on Monday, September 18th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and three have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $28.13.

COPYRIGHT VIOLATION NOTICE: This report was published by Watch List News and is the sole property of of Watch List News. If you are accessing this report on another domain, it was stolen and reposted in violation of U.S. and international copyright and trademark laws. The correct version of this report can be accessed at https://www.watchlistnews.com/macquarie-group-ltd-has-32-48-million-position-in-super-micro-computer-inc-smci/1723553.html.

About Super Micro Computer

Super Micro Computer, Inc is engaged in developing and providing end-to-end green computing solutions to the cloud computing, data center, enterprise information technology (IT), big data, high performance computing (HPC) and Internet of Things (IoT)/embedded markets. The Company’s solutions range from server, storage, blade and workstations to full racks, networking devices, server management software and technology support and services.

Want to see what other hedge funds are holding SMCI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Super Micro Computer, Inc. (NASDAQ:SMCI).

Institutional Ownership by Quarter for Super Micro Computer (NASDAQ:SMCI)

Receive News & Ratings for Super Micro Computer Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Super Micro Computer Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.