United Services Automobile Association Decreased Lam Research Corp (NASDAQ:SMCI) Stake By $29.48 Million

August 13, 2018 - By Sheila Pollock

Super Micro Computer, Inc. (NASDAQ:SMCI) LogoInvestors sentiment increased to 1.48 in Q1 2018. Its up 0.51, from 0.97 in 2017Q4. It increased, as 21 investors sold SMCI shares while 29 reduced holdings. 20 funds opened positions while 54 raised stakes. 40.84 million shares or 4.74% more from 38.99 million shares in 2017Q4 were reported. Wells Fargo And Mn owns 0% invested in Super Micro Computer, Inc. (NASDAQ:SMCI) for 67,264 shares. Principal Financial Gru has invested 0% in Super Micro Computer, Inc. (NASDAQ:SMCI). Goldman Sachs Group Incorporated, a New York-based fund reported 270,482 shares. Empyrean Prtn L P reported 254,576 shares or 0.23% of all its holdings. Zurcher Kantonalbank (Zurich Cantonalbank) invested in 0% or 2,094 shares. Bnp Paribas Arbitrage accumulated 12,493 shares. Legal & General Gru Public Ltd Co invested 0% of its portfolio in Super Micro Computer, Inc. (NASDAQ:SMCI). Glenmede Tru Na has invested 0% of its portfolio in Super Micro Computer, Inc. (NASDAQ:SMCI). Ser Automobile Association holds 0.02% or 439,146 shares. Riverhead Capital Management Ltd Liability Corporation holds 3,453 shares or 0% of its portfolio. Virtu Finance Limited Liability Corp reported 29,522 shares. Texas Permanent School Fund reported 25,143 shares or 0.01% of all its holdings. Ameriprise holds 0% or 271,451 shares in its portfolio. California Public Employees Retirement Systems, California-based fund reported 45,991 shares. Citadel Limited Liability owns 79,730 shares or 0% of their US portfolio.

United Services Automobile Association decreased its stake in Lam Research Corp (NASDAQ:SMCI) by 39.03% based on its latest 2018Q2 regulatory filing with the SEC. United Services Automobile Association sold 171,399 shares as the company’s stock rose 25.40% while stock markets declined. The institutional investor held 267,747 shares of the technology company at the end of 2018Q2, valued at $46.28M, down from 439,146 at the end of the previous reported quarter. United Services Automobile Association who had been investing in Lam Research Corp for a number of months, seems to be less bullish one the $964.12M market cap company. The stock decreased 1.61% or $0.33 during the last trading session, reaching $19.8. About 185,120 shares traded. Super Micro Computer, Inc. (NASDAQ:SMCI) has declined 3.27% since August 13, 2017 and is downtrending. It has underperformed by 15.84% the S&P500.

United Services Automobile Association, which manages about $37.64 billion US Long portfolio, upped its stake in Lyondellbasell Industries Nv (NYSE:ED) by 121,579 shares to 269,301 shares, valued at $29.58 million in 2018Q2, according to the filing. It also increased its holding in Pepsico Inc (NYSE:MRO) by 686,933 shares in the quarter, for a total of 970,980 shares, and has risen its stake in Allergan Plc (NASDAQ:LSCC).

Super Micro Computer, Inc., together with its subsidiaries, develops and provides high performance server solutions based on modular and open architecture. The company has market cap of $964.12 million. 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. It has a 14.78 P/E ratio. The firm also provides a range of application optimized server solutions, including rackmount and blade server systems; and server subsystems and accessories comprising server boards, and chassis and power supplies, as well as other system accessories, including microprocessors, and memory and disc drives.

More recent Super Micro Computer, Inc. (NASDAQ:SMCI) news were published by: Businesswire.com which released: “Supermicro┬« Schedules Conference Call and Webcast for Fourth Quarter Fiscal 2018 Preliminary Financial Results” on July 30, 2018. Also Benzinga.com published the news titled: “Earnings Scheduled For August 7, 2018” on August 07, 2018. Businesswire.com‘s news article titled: “Supermicro┬« Reschedules Conference Call and Webcast for Fourth Quarter Fiscal 2018 Preliminary Financial Results” with publication date: August 07, 2018 was also an interesting one.

Super Micro Computer, Inc. (NASDAQ:SMCI) Institutional Positions Chart

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