Micron Technology (NASDAQ:MU) Had Neutral Changed By UBS.

June 27, 2018 - By Matthew Medley

Micron Technology, Inc. (NASDAQ:MU) Corporate Logo

During Q1 2018 the big money sentiment decreased to 1.13. That’s change of 0.11, from 2017Q4’s 1.24. 52 investors sold all, 282 reduced holdings as Micron Technology, Inc. ratio dropped. 241 rose stakes while 138 funds took stakes. Funds hold 846.69 million shares thus 4.13% less from 2017Q4’s 883.15 million shares.

1.37 million were accumulated by Strs Ohio. Point72 Asset Mngmt L P reported 0.06% in Micron Technology, Inc. (NASDAQ:MU). Ivory Investment Ltd reported 3.14% stake. Destination Wealth Mngmt owns 1,050 shs for 0% of their capital. Greylin Mangement stated it has 0.08% in Micron Technology, Inc. (NASDAQ:MU). Pinebridge Limited Partnership accumulated 191,982 shs. Cibc Asset Management Inc reported 0.05% of its capital in Micron Technology, Inc. (NASDAQ:MU). Louisiana State Employees Retirement System holds 0.17% or 70,600 shs in its capital. Illinois-based Balyasny Asset Mgmt Ltd Co has invested 0% in Micron Technology, Inc. (NASDAQ:MU). Benchmark Capital Advisors holds 0.27% or 6,500 shs. Pinnacle Assoc Limited stated it has 0.14% of its capital in Micron Technology, Inc. (NASDAQ:MU). Bogle Invest Mngmt Ltd Partnership De owns 110,129 shs. Voloridge Invest Management Ltd Liability Company invested in 2.97% or 2.42 million shs. Palo Capital Incorporated invested in 1,400 shs. Coatue Mngmt Ltd Liability Com accumulated 14.48M shs or 6.23% of the stock.

Micron Technology, Inc. registered $9.36 million net activity with 0 insider purchases and 15 selling transactions since January 2, 2018. JOHNSON MERCEDES sold $1.26M worth of Micron Technology, Inc. (NASDAQ:MU) on Monday, April 2. Deboer Scott J also sold $638,380 worth of Micron Technology, Inc. (NASDAQ:MU) on Wednesday, February 7. $665,058 worth of stock was sold by Byrne Patrick J on Wednesday, May 2. 1,222 shs were sold by ARNZEN APRIL S, worth $53,487 on Thursday, February 15. The insider Mondry Lawrence N sold $2.17M. On Tuesday, May 8 Thorsen Steven L. JR sold $1.36M worth of Micron Technology, Inc. (NASDAQ:MU) or 28,089 shs.

UBS Upgraded Micron Technology (NASDAQ:MU)’s Stock Rating to Neutral.

On 26 June Micron Technology (NASDAQ:MU)‘s rating was boosted from Sell to Neutral. The change by UBS was reported in a research report.

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

In total 25 analysts cover Micron (NASDAQ:MU). “Buy” rating has 19, “Sell” are 0, while 6 are “Hold”. 76% are bullish. 61 are the (NASDAQ:MU)’s analyst reports since January 10, 2018 according to StockzIntelligence Inc. On Friday, March 16 Robert W. Baird maintained Micron Technology, Inc. (NASDAQ:MU) rating. Robert W. Baird has “Buy” rating and $100.0 target. On Tuesday, May 22 the firm has “Outperform” rating given by Credit Suisse. The company rating was maintained by Citigroup on Tuesday, February 6. On Thursday, June 21 Credit Suisse maintained the shares of MU in report with “Outperform” rating. In Thursday, June 21 report Cowen & Co maintained it with “Outperform” rating and $72 target. On Monday, June 18 the stock of Micron Technology, Inc. (NASDAQ:MU) earned “Buy” rating by Susquehanna. The stock rating was maintained by Mizuho with “Buy” on Friday, June 1. On Tuesday, February 6 Morgan Stanley maintained Micron Technology, Inc. (NASDAQ:MU) with “Overweight” rating. The company rating was maintained by Deutsche Bank on Monday, March 19. In Wednesday, March 21 report BMO Capital Markets maintained the stock with “Market Perform” rating.

MU touched $53.235 during the last trading session after $1.355 change.Currently Micron Technology, Inc. is uptrending after 108.46% change in last June 27, 2017. MU has also 26.79 million shares volume. The stock outperformed the S&P500 by 95.89%.

Micron Technology, Inc. provides semiconductor systems worldwide.The firm is worth $61.74 billion. The firm operates through four divisions: Compute and Networking Business Unit, Storage Business Unit, Mobile Business Unit, and Embedded Business Unit.5.34 is the P/E ratio. It offers DDR3 and DDR4 DRAM products for computers, servers, networking devices, communications equipment, consumer electronics, automotive, and industrial applications; lower power DRAM products for smartphones, tablets, automotive, laptop computers, and other mobile consumer device applications; DDR2 DRAM and DDR DRAM, GDDR5 and GDDR5X DRAM, SDRAM, and RLDRAM products for networking devices, servers, consumer electronics, communications equipment, computer peripherals, and automotive and industrial applications, as well as for computer memory upgrades; and hybrid memory cube semiconductor memory devices.

For more Micron Technology, Inc. (NASDAQ:MU) news published briefly go to: Seekingalpha.com, Seekingalpha.com, Seekingalpha.com, Globenewswire.com or 247Wallst.com. The titles are as follows: “Micron’s Post-Earnings Drifts” published on June 25, 2018, “Micron: Pop Or Drop After Earnings?” on June 19, 2018, “Micron: Targeting A Long Play Under $50” with a publish date: June 27, 2018, “Micron Begins Volume Production of GDDR6 High Performance Memory” and the last “Major Semiconductors Scare Off Short Sellers” with publication date: June 27, 2018.

Micron Technology, Inc. (NASDAQ:MU) Institutional Investors Chart

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 FREE daily email newsletter.