Paloma Partners Management Co boosted its holdings in Super Micro Computer (NASDAQ:SMCI) by 74.7% in the fourth quarter, Holdings Channel reports. The institutional investor owned 16,112 shares of the technology company’s stock after buying an additional 6,889 shares during the period. Paloma Partners Management Co’s holdings in Super Micro Computer were worth $337,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also modified their holdings of the company. Victory Capital Management Inc. raised its holdings in Super Micro Computer by 86.1% in the 3rd quarter. Victory Capital Management Inc. now owns 6,813 shares of the technology company’s stock valued at $151,000 after buying an additional 3,152 shares during the last quarter. Tiedemann Wealth Management LLC raised its holdings in Super Micro Computer by 29.7% in the 3rd quarter. Tiedemann Wealth Management LLC now owns 32,975 shares of the technology company’s stock valued at $161,000 after buying an additional 7,550 shares during the last quarter. Bank of Montreal Can raised its holdings in Super Micro Computer by 611.1% in the 4th quarter. Bank of Montreal Can now owns 8,704 shares of the technology company’s stock valued at $183,000 after buying an additional 7,480 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new position in Super Micro Computer in the 3rd quarter valued at approximately $222,000. Finally, Ramsey Quantitative Systems bought a new position in Super Micro Computer in the 4th quarter valued at approximately $255,000. Institutional investors and hedge funds own 81.38% of the company’s stock.
Super Micro Computer (NASDAQ:SMCI) opened at $17.25 on Monday. The company has a quick ratio of 1.15, a current ratio of 2.34 and a debt-to-equity ratio of 0.12. Super Micro Computer has a fifty-two week low of $17.20 and a fifty-two week high of $27.90. The stock has a market cap of $839.95, a P/E ratio of 12.87, a P/E/G ratio of 0.89 and a beta of 0.09.
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About Super Micro Computer
Super Micro Computer, Inc, together with its subsidiaries, develops and provides high performance server solutions based on modular and open architecture. It offers a range of server, storage, blade, workstation, and full rack solutions, as well as networking devices, server management software, and technology support and services.
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