Short Interest Worth Mentioning Today: Is Super Micro Computer Incorporated (NASDAQ:SMCI) a Buy? The Stock Reported Less Sellers

November 16, 2016 - By Hazel Jackson   ·   0 Comments

Short Interest Worth Mentioning Today: Is Super Micro Computer Incorporated (NASDAQ:SMCI) a Buy? The Stock Reported Less Sellers

The stock of Super Micro Computer Incorporated (NASDAQ:SMCI) registered a decrease of 3.01% in short interest. SMCI’s total short interest was 2.66 million shares in November as published by FINRA. Its down 3.01% from 2.74 million shares, reported previously. With 331,000 shares average volume, it will take short sellers 8 days to cover their SMCI’s short positions. The short interest to Super Micro Computer Incorporated’s float is 6.88%. The stock closed at $25.7 during the last session. It is down 22.87% since April 14, 2016 and is downtrending. It has underperformed by 27.56% the S&P500.

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 , big data, high performance computing (HPC) and Internet of Things (IoT)/embedded markets. The company has a market cap of $1.23 billion. The Company’s solutions range from server, storage, blade and workstations to full racks, networking devices, server management software and technology support and services. It has a 18.48 P/E ratio. The Firm sells its server systems and server subsystems and accessories through a combination of distributors, including value added resellers and system integrators, and other equipment manufacturers (OEMs).

Insitutional Activity: The institutional sentiment decreased to 1.12 in Q2 2016. Its down 0.15, from 1.27 in 2016Q1. The ratio dived, as 37 funds sold all Super Micro Computer, Inc. shares owned while 45 reduced positions. 25 funds bought stakes while 67 increased positions. They now own 34.99 million shares or 5.66% less from 37.09 million shares in 2016Q1.
Calvert Investment Inc holds 0.13% or 104,150 shares in its portfolio. Glenmede Trust Na accumulated 0.19% or 1.26 million shares. Trust Communications Of Vermont holds 101 shares or 0% of its portfolio. Skyline Asset Mgmt L P holds 570,272 shares or 1.04% of its portfolio. Principal Financial Group Inc Inc, a Iowa-based fund reported 272,521 shares. Renaissance Limited Liability Com holds 0% of its portfolio in Super Micro Computer, Inc. (NASDAQ:SMCI) for 54,300 shares. Pacific Ridge Partners Ltd accumulated 0.51% or 45,610 shares. Old National Bancorporation In reported 36,220 shares or 0.05% of all its holdings. Geneva Advsr Ltd Com has 27,184 shares for 0.01% of their US portfolio. First Mercantile Trust last reported 15,200 shares in the company. State Teachers Retirement Sys holds 33,577 shares or 0% of its portfolio. Ls Inv Advisors Ltd Llc holds 0% or 1,303 shares in its portfolio. The California-based Assetmark has invested 0% in Super Micro Computer, Inc. (NASDAQ:SMCI). Blackrock Fund Advsr accumulated 0.01% or 2.44M shares. Oppenheimer accumulated 0.31% or 415,114 shares.

Insider Transactions: Since May 23, 2016, the stock had 0 insider buys, and 7 sales for $1.82 million net activity. $439,852 worth of Super Micro Computer, Inc. (NASDAQ:SMCI) was sold by Hideshima Howard on Wednesday, August 31. Liaw Yih-Shyan Wally had sold 20,000 shares worth $431,122. 10,000 shares were sold by Tsai Hwei-Ming Fred, worth $251,550 on Monday, May 23. $12,437 worth of Super Micro Computer, Inc. (NASDAQ:SMCI) was sold by CHOU CHENG-HSIEN PHIDIAS on Friday, November 11.

Super Micro Computer, Inc. (NASDAQ:SMCI) Ratings Coverage

Out of 8 analysts covering Super Micro Computer (NASDAQ:SMCI), 5 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 63% are positive. Super Micro Computer has been the topic of 19 analyst reports since August 6, 2015 according to StockzIntelligence Inc. Roth Capital downgraded Super Micro Computer, Inc. (NASDAQ:SMCI) on Friday, August 5 to “Neutral” rating. The rating was maintained by Stifel Nicolaus with “Buy” on Friday, October 9. On Friday, August 14 the stock rating was maintained by Roth Capital with “Buy”. The rating was maintained by Needham with “Buy” on Friday, October 23. The firm has “Buy” rating by Maxim Group given on Monday, June 13. On Tuesday, July 19 the stock rating was downgraded by Stifel Nicolaus to “Hold”. The stock of Super Micro Computer, Inc. (NASDAQ:SMCI) has “Buy” rating given on Friday, October 9 by Needham. The rating was downgraded by Susquehanna on Wednesday, November 11 to “Neutral”. The stock of Super Micro Computer, Inc. (NASDAQ:SMCI) has “Buy” rating given on Friday, April 15 by Sterne Agee CRT. DA Davidson downgraded the shares of SMCI in a report on Tuesday, July 19 to “Neutral” rating.

SMCI Company Profile

Super Micro Computer, Inc., incorporated on August 28, 2006, 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. The Firm sells its server systems and server subsystems and accessories through a combination of distributors, including value added resellers and system integrators, and other equipment manufacturers (OEMs). As of June 30, 2016, the Company offered over 4,950 stock keeping units (SKUs), including SKUs for server and storage systems, serverboards, chassis, power supplies and other system accessories. The Firm develops and makes server solutions based upon a modular and open architecture. The Firm offers a range of application optimized server solutions, including rackmount and blade server systems and subsystems and accessories, which clients can use to build complete server systems.

More notable recent Super Micro Computer, Inc. (NASDAQ:SMCI) news were published by: Fool.com which released: “Why Super Micro Computer, Inc. Stock Plummeted Today” on July 19, 2016, also Fool.com with their article: “Why Super Micro Computer, Inc. Stock Plunged Today” published on April 15, 2016, Businesswire.com published: “Super Micro Computer, Inc. Announces 1st Quarter 2017 Financial Results” on October 27, 2016. More interesting news about Super Micro Computer, Inc. (NASDAQ:SMCI) were released by: Fool.com and their article: “Why Super Micro Computer, Inc. Stock Skyrocketed Today” published on January 12, 2016 as well as Businesswire.com‘s news article titled: “Super Micro Computer, Inc. Announces 4th Quarter 2016 Financial Results” with publication date: August 04, 2016.

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By Hazel Jackson


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