Sells 3024 Shares of Micron Technology, Inc. (MU)

Micron Technology Inc
Analyst's Indicator Review for Micron Technology, Inc. (MU), Electronic Arts Inc. (EA)

12 September, 2017

Considering that the stock daily volume of 31.01 million shares, this represents a pretty noteworthy trading in volume size. As of the last earnings report the EPS was $2.28 and is estimated to be $4.72 for the current year with 1,110,000,000 shares now outstanding. Moreover, Commonwealth Of Pennsylvania Public School Empls Retrmt Sys has 0.02% invested in Micron Technology, Inc. The stock rose 0.96% or $0.32 reaching $33.76. (NASDAQ:MU) by 42.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. It has outperformed by 159.57% the S&P500.

Trustco Bank Corp N Y increased General Electric Co (GE) stake by 8.53% reported in 2016Q4 SEC filing. The share price is now up 7.18% for the past three months. CG Asset Management LLC now owns 288,910 shares of the semiconductor manufacturer's stock valued at $5,137,000 after buying an additional 19,350 shares in the last quarter. General Electric Co now has $206.62 billion valuation. California Pub Employees Retirement Systems holds 2.61 million shares or 0.1% of its portfolio. WPX Energy Inc (NYSE:WPX) has risen 29.74% since September 12, 2016 and is uptrending. It has underperformed by 90.44% the S&P500. Sector Pension Invest Board reported 230,255 shares. 116 funds opened positions while 609 raised stakes. The Average Volume of the company is 28.86 Million, while the Volume of the company in the last trading session was 23.73 Billion. Bnp Paribas Arbitrage has 1.36M shares. Ramsay Stattman Vela And Price holds 0.31% or 20,578 shares. Jennison Ltd Liability accumulated 16,798 shares. (NASDAQ:MU). Private Asset Management holds 1.73% or 472,335 shares. 564,148 are owned by Whittier Trust Of Nevada Inc.

Covering sell-side analysts have recently weighed in on shares of Ford Motor Company (NYSE:F). Therefore 48% are positive.

Analysts await Micron Technology, Inc. Standpoint Research cut shares of Micron Technology from a "buy" rating to a "reduce" rating in a report on Wednesday, May 24th. It shows the cash a company is able to generate after spending the money need to maintain or grow its asset base. The firm has "Buy" rating by Citigroup given on Thursday, January 21. The rating was maintained by Citigroup with "Buy" on Tuesday, July 11. Argus Research has "Buy" rating and $26 target. The firm has "Neutral" rating given on Tuesday, February 16 by Nomura. Another trade for 100,000 shares valued at $2.81M was bought by IMMELT JEFFREY R.

Micron Technology, Inc., launched on April 6, 1984, is involved in semiconductor systems. Next quarter's EPS is forecasted at $1.78 and the next full year EPS is anticipated to be $6.14. MU's profit would be $1.92 billion giving it 4.86 P/E if the $1.72 EPS is correct.

Since March 27, 2017, it had 0 buys, and 10 insider sales for $8.28 million activity. 841.20 million shares or 0.23% more from 839.25 million shares in 2016Q3 were reported. The fund owned 25,164 shares of the semiconductor manufacturer's stock after selling 3,024 shares during the period. Short interest increased 1,083,299 over that period. Also, Director Robert L. Bailey sold 3,000 shares of Micron Technology stock in a transaction on Friday, September 1st. The insider Shirley Brian sold 50,581 shares worth $1.46 million. Finally, Morse Asset Management Inc purchased a new position in Micron Technology during the first quarter valued at approximately $9,382,000.

Investors sentiment increased to 1.08 in 2016 Q4. Its down 0.14, from 0.98 in 2016Q3.

Want to see what other hedge funds are holding MU?

These funds have shifted positions in (MU). Micron Technology had a negative net margin of 2.32% and a positive return on equity of 0.81%. (NASDAQ:MU) for 12,000 shares. Quantitative Systematic Strategies LLC increased its position in shares of Micron Technology by 0.7% during the second quarter. Ubs Asset Americas Inc reported 0.24% in Micron Technology, Inc. Pictet North America Advsr Sa stated it has 32,870 shares. Micron Technology, Inc.'s institutional ownership is 82.5%, while its institutional transactions stand at -0.55%. (NASDAQ:MU). Angelo Gordon And Com Limited Partnership has invested 0.78% in Micron Technology, Inc. Natixis holds 78,205 shares. Roundview Cap Lc has 50,250 shares. $30,750 worth of Micron Technology, Inc. On average, equities research analysts expect that Micron Technology, Inc. will post $4.72 EPS for the current year. This recommendation lands on a scale between 1 and 5. As per Wednesday, March 1, the company rating was upgraded by Goldman Sachs. Argus Research maintained Micron Technology, Inc. (NASDAQ:MU) rating on Wednesday, June 14. (NASDAQ:MU) has "Buy" rating given on Monday, August 14 by Stifel Nicolaus. Maxim Group maintained it with "Buy" rating and $15.0 target in Tuesday, December 15 report. On Wednesday, October 5 the stock rating was maintained by Barclays Capital with "Outperform". On Friday, June 30 the stock rating was maintained by KeyBanc Capital Markets with "Hold".

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

More news

  • Protest planned ahead of Kid Rock concert in Detroit

    Protest planned ahead of Kid Rock concert in Detroit

    The musician opens the Little Caesars Arena Tuesday night after two months of teasing a potential Republican run for U.S. In his post the singer accused people of "stirring the pot " and signed off saying: "P.P.P.P.P.S".

    Danaher Corporation (DHR) Shares Bought by Sei Investments Co

    ClariVest Asset Management LLC bought a new stake in shares of Danaher Corporation in the first quarter worth $157,000. Equities research analysts forecast that Danaher Corporation will post $3.95 earnings per share for the current year.
    Destiny 2: How to Get Ready For the Raid

    Destiny 2: How to Get Ready For the Raid

    This gives people enough time to level up and master fresh characters before putting them to the test in a new Raid . Created to be played in groups of six, the PS4 and Xbox One Raid is one of Destiny 2's main end-game activities.
  • BCA Submits Investigation of Damond Shooting to Hennepin County Attorney's Office

    BCA Submits Investigation of Damond Shooting to Hennepin County Attorney's Office

    During a meeting with Minneapolis residents Sunday Freeman said the shooting of Damond "didn't have to happen". Justine Damond was engaged to be married and had already started using her fiance's last name.
    Colts are

    Colts are "Considering" Starting Jacoby Brissett on Sunday

    He will have only had six practices with the Colts, who traded for him before the season. He finished the game 2-for-3 for 51 yards.
    New Gameplay Trailer For The Evil Within 2

    New Gameplay Trailer For The Evil Within 2

    However, the sequel aims to tell a much more personal story than the first game, as this time involves the protagonist's daughter. If this world was completely destroyed, there would be no escape route for Sebastian and Lily.
  • Why Irma wasn't as catastrophic in Florida as feared

    Why Irma wasn't as catastrophic in Florida as feared

    Petersburg-based Duke Energy, with about 1.8 customer accounts, was working to restore power to almost 1.3 million customers. Florida Power & Light, the largest utility in the state, reported 3.5 million of its 5 million customer accounts were out.
    Apple touts new 'Town Square' retail store concept

    Apple touts new 'Town Square' retail store concept

    Ahrendts took the stage on Tuesday at the Steve Jobs Theater to explain Apple's latest approach to physical retail. The roof of the new riverfront Apple store will have curved edges and a white Apple logo, just like a Macbook.
    Enforcing Laws Shouldn't be Mistaken as Lack of Compassion

    Enforcing Laws Shouldn't be Mistaken as Lack of Compassion

    Reacting to UN, India also said that the assessments of human rights shouldn't be a matter of political convenience. Al Hussein's comments are by far the strongest by an global diplomat against India regarding Rohingya refugees.
  • Apple Watch is the Number One Watch in the World

    Apple Watch is the Number One Watch in the World

    The original Apple Watch started at $349/£299/AU$499 when it launched, and the Apple Watch 2 upped the prices to $369/£369/AU$529. However, we do know Apple has been working with gyms and equipment manufacturers to push out updated machines across the country.
    Hastings murder suspect arrested at Lincoln gas station

    Hastings murder suspect arrested at Lincoln gas station

    UNLPD officers took him into custody during the escalating situation that Lincoln police said could have ended much differently. UNL Police arrested 19-year-old Deante Mullen, a suspect in a Hastings homicide, in Lincoln Monday night.
    5 things the new Apple TV needs to have besides 4K

    5 things the new Apple TV needs to have besides 4K

    Info from config files confirms that the new Apple TV 4K will play 4K 2160p video with HDR support – both HDR10 and Dolby Vision . Let me give you a scenario: Tomorrow there's a very good chance we'll see the Apple TV 4K ... or 4K Apple TV . or Apple 4K TV.