Bank Of The West Decreased Its Micron Technology INC (MU) Stake

June 27, 2018 - By Ronnie Lemelle

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 dropped. 241 grew positions while 138 funds bought positions. Funds hold 846.69 million shares thus 4.13% less from 2017Q4’s 883.15 million shares. Engineers Gate Manager Ltd Partnership owns 126,116 shs or 0.44% of their US capital. Vertex One Asset Mngmt Incorporated owns 5.62% invested in Micron Technology, Inc. (NASDAQ:MU) for 600,200 shs. Fjarde Ap stated it has 202,362 shs. Advsr Asset Mgmt Incorporated holds 0% or 1,775 shs in its capital. Polaris Greystone Group Lc has 0% invested in Micron Technology, Inc. (NASDAQ:MU). Morgan Stanley reported 0.07% in Micron Technology, Inc. (NASDAQ:MU). Dubuque Savings Bank And Trust holds 21 shs or 0% of its capital. Bancorporation Hapoalim Bm accumulated 0.25% or 18,295 shs. Tci Wealth Advisors Incorporated stated it has 0% of its capital in Micron Technology, Inc. (NASDAQ:MU). Guardian Investment Mngmt invested in 0.61% or 10,900 shs. Scout Invests invested in 381,374 shs or 0.48% of the stock. Suntrust Banks Inc invested 0.01% in Micron Technology, Inc. (NASDAQ:MU). The Washington-based Tradewinds Cap Mgmt Ltd has invested 0.01% in Micron Technology, Inc. (NASDAQ:MU). Bb&T Corporation has invested 0.02% in Micron Technology, Inc. (NASDAQ:MU). Retirement Systems Of Alabama has 552,392 shs.

MU registered $9.36 million net activity with 0 insider purchases and 15 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 25,000 shs were sold by JOHNSON MERCEDES, worth $1.26 million. ARNZEN APRIL S had sold 532 shs worth $31,814. On Tuesday, May 8 Thorsen Steven L. JR sold $1.36 million worth of Micron Technology, Inc. (NASDAQ:MU). The insider Deboer Scott J sold 14,750 shs worth $638,380. On Wednesday, May 2 Byrne Patrick J sold $665,058 worth of Micron Technology, Inc. (NASDAQ:MU) or 14,360 shs.

In 2018Q1 SEC filling is reported Bank Of The West’s stake in Micron Technology Inc (MU) which was decreased by 61.04%. By selling 60,743 shares Bank Of The West made the stock popped up with 27.87%. At the end of 2018Q1, the institutional investor held 38,778 shares of the technology company, valued at $2.02 million, down from 99,521 at the end of the previous reported quarter. For a total of 334,742 shares it increased its holding in Invesco Ltd (NYSE:IVZ) by 113,534 shares in the quarter, and has risen its stake in General Dynamics Corp (NYSE:GD).

For more Micron Technology, Inc. (NASDAQ:MU) news published recently go to: 247Wallst.com, Seekingalpha.com, Seekingalpha.com, Schaeffersresearch.com or Investorplace.com. The titles are as follows: “Major Semiconductors Scare Off Short Sellers” published on June 27, 2018, “Analysts raise Micron price targets after earnings” on June 21, 2018, “Micron: Targeting A Long Play Under $50” with a publish date: June 27, 2018, “China Trade Tensions Crush Micron Stock Options Bulls” and the last “The Top 5 Semiconductor Stocks to Buy” with publication date: June 25, 2018.

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. With $108 highest and $35 lowest price target Micron has $75.79 average price target or 41.92% above the current ($53.403) price. 61 are the (NASDAQ:MU)’s analyst reports since January 10, 2018 according to StockzIntelligence Inc. On Tuesday, March 6 the firm has “Buy” rating given by Goldman Sachs. On Friday, March 23 the firm has “Buy” rating given by Stifel Nicolaus. On Wednesday, February 7 the rating was maintained by Goldman Sachs with “Buy”. On Tuesday, February 6 the stock has “Buy” rating by Needham. On Thursday, June 21 the stock of Micron Technology, Inc. (NASDAQ:MU) earned “Sell” rating by UBS. On Tuesday, February 6 the firm has “Overweight” rating given by Morgan Stanley. On Monday, March 12 the stock of Micron Technology, Inc. (NASDAQ:MU) has “Buy” rating given by Nomura. On Thursday, June 21 the company was maintained by Cowen & Co. On Thursday, March 8 the stock of Micron Technology, Inc. (NASDAQ:MU) has “Buy” rating given by Susquehanna. On Monday, March 26 M Partners maintained Micron Technology, Inc. (NASDAQ:MU) rating. M Partners has “Buy” rating and $6500 target.

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

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