As Micron Technology INC (MU) Valuation Rose, Shareholder Alphaone Investment Services LLC Has Lowered Its Holding

January 23, 2018 - By sdfsdfsdf

Investors sentiment increased to 1.37 in 2017 Q3. Its up 0.29, from 1.08 in 2017Q2. It is positive, as 52 investors sold MU shares while 205 reduced holdings. 114 funds opened positions while 237 raised stakes. 886.67 million shares or 6.47% more from 832.79 million shares in 2017Q2 were reported. Nomura Holdg owns 578,616 shares. Hilltop Holdg has 0.19% invested in Micron Technology, Inc. (NASDAQ:MU). Bbr Ptnrs Ltd Liability holds 0.05% or 5,430 shares in its portfolio. Whittier has 234 shares for 0% of their portfolio. Messner And Smith Theme Value Inv Mngmt Ca holds 39,559 shares or 2.43% of its portfolio. Meiji Yasuda Asset Mngmt Limited holds 0.12% or 30,383 shares in its portfolio. Lord Abbett & Co Ltd Co holds 0% of its portfolio in Micron Technology, Inc. (NASDAQ:MU) for 39,400 shares. New York-based Hap Trading Ltd Liability Corporation has invested 0.17% in Micron Technology, Inc. (NASDAQ:MU). Leonetti & Limited Liability Company, a Illinois-based fund reported 198,800 shares. Nine Chapters Capital Management Lc accumulated 1.07% or 12,400 shares. Commonwealth Of Pennsylvania Pub School Empls Retrmt Sys, Pennsylvania-based fund reported 90,603 shares. Clough Capital Prtnrs Ltd Partnership has invested 0.95% in Micron Technology, Inc. (NASDAQ:MU). 116,426 were accumulated by Bowling Portfolio Mngmt Ltd Liability Corp. 26,156 are owned by Commercial Bank. Service Automobile Association stated it has 1.17M shares or 0.14% of all its holdings.

Since August 1, 2017, it had 0 insider buys, and 14 insider sales for $12.71 million activity. On Tuesday, August 1 the insider ARNZEN APRIL S sold $28,220. BAILEY ROBERT L had sold 3,000 shares worth $85,415. 80,000 shares were sold by Poppen Joel L, worth $3.09 million on Friday, September 29. 118,944 Micron Technology, Inc. (NASDAQ:MU) shares with value of $4.53 million were sold by Thorsen Steven L. JR. Shares for $765,485 were sold by Mondry Lawrence N.

Alphaone Investment Services Llc decreased its stake in Micron Technology Inc (MU) by 56.26% based on its latest 2017Q3 regulatory filing with the SEC. Alphaone Investment Services Llc sold 302,400 shares as the company’s stock rose 19.14% with the market. The institutional investor held 235,100 shares of the technology company at the end of 2017Q3, valued at $9.25 million, down from 537,500 at the end of the previous reported quarter. Alphaone Investment Services Llc who had been investing in Micron Technology Inc for a number of months, seems to be less bullish one the $49.58B market cap company. The stock increased 0.30% or $0.13 during the last trading session, reaching $42.88. About 37.88 million shares traded. Micron Technology, Inc. (NASDAQ:MU) has risen 176.27% since January 23, 2017 and is uptrending. It has outperformed by 159.57% the S&P500.

Alphaone Investment Services Llc, which manages about $491.59M and $376.30 million US Long portfolio, upped its stake in Facebook Inc (NASDAQ:FB) by 27,500 shares to 86,500 shares, valued at $14.78M in 2017Q3, according to the filing.

More notable recent Micron Technology, Inc. (NASDAQ:MU) news were published by: Seekingalpha.com which released: “Micron Technology: China” on January 22, 2018, also Seekingalpha.com with their article: “Micron: Growth Company At A Value Price” published on January 22, 2018, Fool.com published: “Why Micron Technology, Inc. Shares Rose 88% in 2017” on January 05, 2018. More interesting news about Micron Technology, Inc. (NASDAQ:MU) were released by: Investorplace.com and their article: “Micron Technology (MU) a Strong Buy on High-Level Industry Group Rank” published on January 22, 2018 as well as Seekingalpha.com‘s news article titled: “Problems Continue To Plague Micron Technology – And This Could Be Serious” with publication date: January 16, 2018.

Micron Technology, Inc. (NASDAQ:MU) Ratings Coverage

Among 42 analysts covering Micron Technology Inc. (NASDAQ:MU), 35 have Buy rating, 0 Sell and 7 Hold. Therefore 83% are positive. Micron Technology Inc. has $75.0 highest and $8 lowest target. $39.50’s average target is -7.88% below currents $42.88 stock price. Micron Technology Inc. had 206 analyst reports since July 29, 2015 according to SRatingsIntel. Needham maintained the stock with “Buy” rating in Thursday, September 7 report. As per Wednesday, December 20, the company rating was maintained by Wells Fargo. The stock of Micron Technology, Inc. (NASDAQ:MU) has “Buy” rating given on Wednesday, October 5 by Deutsche Bank. Cowen & Co maintained the stock with “Buy” rating in Wednesday, September 6 report. Citigroup maintained Micron Technology, Inc. (NASDAQ:MU) rating on Wednesday, July 19. Citigroup has “Buy” rating and $4500 target. Cowen & Co maintained Micron Technology, Inc. (NASDAQ:MU) rating on Thursday, December 1. Cowen & Co has “Outperform” rating and $23 target. The company was maintained on Wednesday, September 27 by Goldman Sachs. The firm has “Neutral” rating given on Monday, August 17 by Wedbush. The company was maintained on Wednesday, December 20 by KeyBanc Capital Markets. The stock has “Buy” rating by Cowen & Co on Monday, June 26.

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