Shareholder Quantres Asset Management LTD Increased Micron Technology INC (MU) Stake

June 26, 2018 - By Carey Conley

Micron Technology, Inc. (NASDAQ:MU) Corporate LogoDuring 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 MU ratio turned negative. 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. California Pub Employees Retirement Sys accumulated 2.35 million shs or 0.17% of the stock. Meiji Yasuda Life stated it has 0.3% of its capital in Micron Technology, Inc. (NASDAQ:MU). Platinum Investment Limited accumulated 24,000 shs. Catalyst Cap Advsrs Limited Liability has 0.08% invested in Micron Technology, Inc. (NASDAQ:MU). Earnest Prtnrs Ltd has invested 0% in Micron Technology, Inc. (NASDAQ:MU). Financial Architects Inc accumulated 10,811 shs or 0.11% of the stock. Mackay Shields Limited Liability Com invested in 951,453 shs. Weiss Multi holds 235,000 shs. Wg Shaheen & Associate Dba Whitney & reported 8,100 shs stake. Gp One Trading Ltd Partnership invested 0.26% in Micron Technology, Inc. (NASDAQ:MU). Nokota Management LP reported 1.50M shs. 1,862 were accumulated by Crow Point Prtnrs Ltd Limited Liability Company. Bluecrest Cap Limited holds 6,973 shs. Homrich & Berg reported 30,011 shs. Gemmer Asset Mgmt Ltd Liability Corporation holds 439 shs or 0.01% of its capital.

MU registered $9.36 million net activity with 0 insider buys and 15 insider sales since January 2, 2018. On Wednesday, February 14 50,000 shs were sold by Mondry Lawrence N, worth $2.17 million. On Monday, April 2 Shares for $151,496 were sold by BAILEY ROBERT L. On Thursday, February 15 $53,487 worth of stock was sold by ARNZEN APRIL S. On Wednesday, May 2 14,360 shs were sold by Byrne Patrick J, worth $665,058. Another trade for 28,089 shs valued at $1.36 million was sold by Thorsen Steven L. JR. JOHNSON MERCEDES also sold $1.26M worth of Micron Technology, Inc. (NASDAQ:MU) on Monday, April 2.

In 2018Q1 SEC filling is reported Quantres Asset Management Ltd’s stake in Micron Technology Inc (MU) which was rose by 59.82%. The company’s stock rose 27.87% while stock markets declined as Quantres Asset Management Ltd bought 95,600 shares. The technology company at the end of 2018Q1 was priced at $13.32 million. It’s up from 159,800 at the end of the previous reported quarter. Now it had 255,400 shares held by the institutional investor . Quantres Asset Management Ltd has cut its stake in and also reduced its holding in by shares in the quarter, for a total of shares.

For more Micron Technology, Inc. (NASDAQ:MU) news released recently go to: Investorplace.com, Globenewswire.com, Seekingalpha.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “20 Massively Underpriced Stocks Wall Street Expects to Soar” released on June 25, 2018, “Micron Begins Volume Production of GDDR6 High Performance Memory” on June 25, 2018, “Micron: Pop Or Drop After Earnings?” with a publish date: June 19, 2018, “Micron: These Are Booming Times” and the last “Micron Technology: 2018 Target Prices” with publication date: June 13, 2018.

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

In total 25 analysts cover Micron (NASDAQ:MU). “Buy” rating has 19, “Sell” are 1, while 5 are “Hold”. 76% are bullish. With $108 highest and $35 lowest PT Micron has $76.08 average PT or 40.68% above the current ($54.08) price. 60 are the (NASDAQ:MU)’s analyst reports since January 10, 2018 according to StockzIntelligence Inc. The company rating was downgraded by Morgan Stanley on Thursday, May 31. On Tuesday, February 6 the rating was upgraded by Needham to “Buy”. The stock rating was maintained by Deutsche Bank with “Buy” on Tuesday, May 22. On Wednesday, June 20 the firm earned “Buy” rating by J.P. Morgan. On Tuesday, February 6 Mizuho maintained Micron Technology, Inc. (NASDAQ:MU) with “Buy” rating. On Monday, May 14 Evercore maintained Micron Technology, Inc. (NASDAQ:MU) rating. Evercore has “Buy” rating and $8000 target. On Tuesday, May 22 the company was maintained by Stifel Nicolaus. On Friday, March 23 the stock of Micron Technology, Inc. (NASDAQ:MU) earned “Overweight” rating by Morgan Stanley. The stock rating was maintained by Morgan Stanley with “Buy” on Thursday, May 10. On Thursday, January 11 Goldman Sachs maintained Micron Technology, Inc. (NASDAQ:MU) rating. Goldman Sachs has “Buy” rating and $55.0 target.

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

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