Micron Technology, Inc. (NASDAQ:MU) Holdings Boosted by Nordea Investment Management AB

Galtero Lara
Diciembre 15, 2017

Its down 0.13, from 1.13 in 2017Q1. Amerigo Asset Management boosted its holdings in shares of Micron Technology by 11.9% in the 2nd quarter. 85 funds opened positions while 218 raised stakes. Among active positions in the latest quarter, 433 holders increased their positions by a total of 135.13 million shares, 319 holders decreased the positions by a total of 76.95 million shares, and 66 holders held their positions. LMR Partners LLP increased its holdings in Micron Technology by 6.9% during the 3rd quarter.

Shares of Micron Technology (NASDAQ:MU) traded up $0.19 during mid-day trading on Tuesday, hitting $42.24. (NASDAQ:MU). Employees Retirement System Of Texas holds 866,700 shares or 0.35% of its portfolio. Northwestern Mutual Wealth Mngmt Co has invested 0.04% in Micron Technology, Inc. (NASDAQ:MU) for 251,129 shares. The institutional investor owned 29,000 shares of the semiconductor manufacturer's stock after selling 218,800 shares during the period. Micron Technology, Inc. (NASDAQ:MU) has risen 176.27% since December 14, 2016 and is uptrending. Synovus Fin Corporation has 0.04% invested in Micron Technology, Inc. (NASDAQ:MU) for 79,600 shares. 50,000 are owned by Ubs Oconnor Limited Co. Alpha Windward Lc stated it has 1,818 shares or 0.03% of all its holdings. Parnassus Invests Ca invested in 6.78M shares or 0.85% of the stock. Sun Life Financial reported 0.02% of its portfolio in Micron Technology, Inc. It also reduced Intel Corp (NASDAQ:INTC) stake by 9,210 shares and now owns 131,183 shares.

Since August 1, 2017, it had 0 insider purchases, and 13 insider sales for $12.58 million activity.

More news: Institutional Investors Love Albemarle Corp (NYSE:ALB)

In other Micron Technology news, Director Robert L. Bailey sold 3,000 shares of the business's stock in a transaction dated Friday, December 1st. Janney Montgomery Scott Ltd Liability Co, Pennsylvania-based fund reported 117,137 shares. The Price to Sales ratio, for example, is 2.38 for Micron Technology Inc (NASDAQ:MU), while the industry Price to Sales ratio is now 4.4. (NASDAQ:MU) on Friday, September 29. Following the completion of the transaction, the insider now owns 266,966 shares of the company's stock, valued at approximately $10,307,557.26. The data from the past twelve months tells a different story: insiders executed 18 buys and 62 sells, and ownership decreased by a net of 341601 shares. The stock has a consensus rating of "Buy" and an average price target of $48.26.

The ROA of Micron Technology, Inc.is now valued at 15.80% indicating how profitable the company is in regards to its total assets. (NASDAQ:MU) as Buy, 0 analysts given Outperform signal, 1 reported Hold, and 1 analysts rated the stock as Sell. Therefore 83% are positive. Micron Technology, Inc.'s beta is 1.75 whilst the stock has an average true range (ATR) of 1.77. The firm's 50 day moving average price is $29.68 and its 200-day moving average price is $25.76. Citigroup initiated the stock with "Buy" rating in Wednesday, December 7 report. (NASDAQ:MU) on Friday, April 15 to "Strong Buy" rating. Wells Fargo maintained it with "Buy" rating and $45.0 target in Wednesday, October 11 report. The stock has "Overweight" rating by Barclays Capital on Monday, October 3. Nomura maintained the stock with "Buy" rating in Monday, October 16 report. Stock" with publication date: "November 22, 2017. The daily trading volume has averaged 38.35 million shares a day in past 3 months. About 14,832 shares traded. More interesting news about Micron Technology, Inc. It has outperformed by 159.57% the S&P500. Visa Inc. had 93 analyst reports since July 21, 2015 according to SRatingsIntel. (MU) delivered a 10.09% earnings surprise. They expect $2.12 earnings per share, up 657.14 % or $1.84 from last year's $0.28 per share. MU's profit would be $2.44B giving it 5.02 P/E if the $2.12 EPS is correct. Coconut Grove Bank raised its stake in shares of Micron Technology by 1,422.5% in the first quarter. The firm operates through four divisions: Compute and Networking Business Unit, Storage Business Unit, Mobile Business Unit, and Embedded Business Unit. It offers DDR3 and DDR4 DRAM products for computers, servers, networking devices, communications equipment, consumer electronics, automotive, and industrial applications; mobile low-power DRAM products for smartphones, tablets, automotive, laptop computers, and other mobile consumer device applications; DDR2 and DDR DRAM, GDDR5 and GDDR5X DRAM, SDRAM, and RLDRAM products for networking devices, servers, consumer electronics, communications equipment, computer peripherals, automotive and industrial applications, and computer memory upgrades; and hybrid memory cube semiconductor memory devices for use in networking and computing applications. (NASDAQ:MU) news were published by: Seekingalpha.com which released: "Micron Technology: Naughty Or Nice?" on December 12, 2017, also Investorplace.com with their article: "Micron Technology, Inc. Stock Is an Enticing Buy Again" on December 04, 2017, also Seekingalpha.com with their article: "Valuation And Pitch Of Micron Technology, Inc." published on November 27, 2017, Seekingalpha.com published: "Micron Technology: "This Is Not The End" on December 01, 2017.

Analysts await Visa Inc.

Otros informes por

Discuta este artículo

SIGUE NUESTRO PERIÓDICO