Monarch Partners Asset Management Boosted Its Super Micro Computer (SMCI) Stake by $3.33 Million as Share Value Declined; Shareholder Ironwood Investment Counsel Has Raised Fastenal Co (FAST) Holding

November 15, 2017 - By Hazel Jackson

Ironwood Investment Counsel Llc increased its stake in Fastenal Co (FAST) by 168.41% based on its latest 2017Q2 regulatory filing with the SEC. Ironwood Investment Counsel Llc bought 13,810 shares as the company’s stock declined 14.06% while stock markets rallied. The institutional investor held 22,010 shares of the building materials company at the end of 2017Q2, valued at $958,000, up from 8,200 at the end of the previous reported quarter. Ironwood Investment Counsel Llc who had been investing in Fastenal Co for a number of months, seems to be bullish on the $13.64 billion market cap company. The stock increased 0.51% or $0.24 during the last trading session, reaching $47.47. About 7,091 shares traded. Fastenal Company (NASDAQ:FAST) has declined 2.09% since November 15, 2016 and is downtrending. It has underperformed by 18.79% the S&P500.

Monarch Partners Asset Management Llc increased its stake in Super Micro Computer Inc (SMCI) by 148.79% based on its latest 2017Q2 regulatory filing with the SEC. Monarch Partners Asset Management Llc bought 138,765 shares as the company’s stock declined 10.54% while stock markets rallied. The institutional investor held 232,025 shares of the technology company at the end of 2017Q2, valued at $5.72 million, up from 93,260 at the end of the previous reported quarter. Monarch Partners Asset Management Llc who had been investing in Super Micro Computer Inc for a number of months, seems to be bullish on the $965.34 million market cap company. The stock decreased 0.63% or $0.12 during the last trading session, reaching $19.83. About shares traded. Super Micro Computer, Inc. (NASDAQ:SMCI) has declined 1.14% since November 15, 2016 and is downtrending. It has underperformed by 17.84% the S&P500.

Monarch Partners Asset Management Llc, which manages about $275.92M and $1.01 billion US Long portfolio, decreased its stake in Pacific Premier Bancorp (NASDAQ:PPBI) by 11,320 shares to 131,090 shares, valued at $4.84 million in 2017Q2, according to the filing. It also reduced its holding in Marcus Corp (NYSE:MCS) by 80,487 shares in the quarter, leaving it with 10,150 shares, and cut its stake in Air Transport Services Grp I (NASDAQ:ATSG).

Since May 19, 2017, it had 0 buys, and 4 selling transactions for $342,938 activity. Tsai Hwei-Ming Fred had sold 6,000 shares worth $144,600 on Friday, May 19. TUAN SHERMAN sold 10,000 shares worth $245,123.

More notable recent Super Micro Computer, Inc. (NASDAQ:SMCI) news were published by: Prnewswire.com which released: “SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation …” on October 27, 2017, also Businesswire.com with their article: “Supermicro® Announces Filing of Compliance Plan with NASDAQ Stock Market” published on November 13, 2017, Businesswire.com published: “Super Micro Computer, Inc. Announces 4th Quarter 2017 Financial Results” on August 03, 2017. More interesting news about Super Micro Computer, Inc. (NASDAQ:SMCI) were released by: Seekingalpha.com and their article: “Super Micro Computer – Stronger Revenue Growth Is The Key” published on August 07, 2017 as well as Businesswire.com‘s news article titled: “Super Micro Computer, Inc. Announces Receipt of Non-Compliance Letter From Nasdaq” with publication date: September 14, 2017.

Investors sentiment increased to 1.3 in Q2 2017. Its up 0.12, from 1.18 in 2017Q1. It improved, as 16 investors sold SMCI shares while 40 reduced holdings. 18 funds opened positions while 55 raised stakes. 37.29 million shares or 6.85% more from 34.90 million shares in 2017Q1 were reported. Cap Impact Advsrs Ltd Company has invested 0.51% in Super Micro Computer, Inc. (NASDAQ:SMCI). Blackrock reported 4.68M shares. Bnp Paribas Arbitrage stated it has 12,481 shares. 893 were accumulated by Retail Bank Of Montreal Can. Pub Employees Retirement Of Ohio holds 0.02% or 182,292 shares in its portfolio. Glenmede Tru Communications Na holds 0% or 390 shares. Dupont Mngmt Corporation invested 0.01% of its portfolio in Super Micro Computer, Inc. (NASDAQ:SMCI). Dimensional Fund Advisors LP has invested 0.04% in Super Micro Computer, Inc. (NASDAQ:SMCI). Goldman Sachs Group Incorporated stated it has 300,275 shares. Virginia Retirement Et Al owns 69,200 shares for 0.02% of their portfolio. Employees Retirement Of Texas stated it has 27,000 shares. 37,107 were reported by Price T Rowe Assocs Md. Renaissance Ltd Liability Co reported 0.01% of its portfolio in Super Micro Computer, Inc. (NASDAQ:SMCI). Deutsche Bank Ag accumulated 533,037 shares. Needham Inv Management Llc owns 611,425 shares or 4.01% of their US portfolio.

Among 10 analysts covering Super Micro Computer (NASDAQ:SMCI), 7 have Buy rating, 0 Sell and 3 Hold. Therefore 70% are positive. Super Micro Computer had 34 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was maintained by Maxim Group on Friday, August 4 with “Buy”. Needham maintained it with “Buy” rating and $41 target in Friday, October 9 report. The firm has “Buy” rating given on Friday, April 15 by Sterne Agee CRT. Maxim Group maintained the stock with “Buy” rating in Friday, January 29 report. Maxim Group maintained it with “Buy” rating and $45.0 target in Wednesday, November 8 report. The firm earned “Buy” rating on Friday, September 23 by Maxim Group. As per Wednesday, November 30, the company rating was upgraded by DA Davidson. Maxim Group maintained Super Micro Computer, Inc. (NASDAQ:SMCI) on Friday, January 27 with “Buy” rating. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, October 9 report. Needham maintained the stock with “Buy” rating in Friday, October 23 report.

More recent Fastenal Company (NASDAQ:FAST) news were published by: Forbes.com which released: “Ex-Dividend Reminder: Clorox, Fastenal and Lowe’s Companies” on October 20, 2017. Also Nasdaq.com published the news titled: “Why Is Fastenal (FAST) Up 6.9% Since the Last Earnings Report?” on November 13, 2017. Nasdaq.com‘s news article titled: “Fastenal Company (Nasdaq: FAST) to Ring The Nasdaq Stock Market Opening Bell …” with publication date: November 03, 2017 was also an interesting one.

Since May 25, 2017, it had 1 insider purchase, and 0 sales for $43,760 activity.

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