Micron Technology, Inc. (NASDAQ:MU) Sale Analysis

DRAM behind Micron’s 16 Year High Fiscal 4Q17 Earnings

(NASDAQ:MU) for 12,327 shares.

In addition to Barclays Capital reporting its target price, a total of 23 firms have reported on the stock. Inc.'s holdings, making the stock its 5th biggest holding. It improved, as 63 investors sold Micron Technology, Inc. shares while 217 reduced holdings. Wafra Investment Advisory Group Inc. For the quarter, shares have been noted at 33.67%. Guardian Life Insurance Co. of America now owns 4,004 shares of the semiconductor manufacturer's stock worth $116,000 after acquiring an additional 13 shares in the last quarter. Moreover, Captrust Financial Advsrs has 0.01% invested in Micron Technology, Inc. $1.46M worth of Micron Technology, Inc. IHT Wealth Management LLC acquired a new stake in shares of Micron Technology in the 2nd quarter valued at approximately $1,056,000. Finally, Macquarie restated an "outperform" rating and set a $35.00 price objective on shares of Micron Technology in a research note on Wednesday, June 14th. Tower Research Capital LLC TRC now owns 16,167 shares of the semiconductor manufacturer's stock valued at $483,000 after acquiring an additional 15,341 shares during the period.

In related news, insider Joel L. Poppen sold 80,000 shares of Micron Technology stock in a transaction that occurred on Friday, September 29th. The volume of MU witnessed a shift from 52.03 million shares, based on a 50-day average, to 29.67 million shares. A beta of less than 1 means that the security will be less volatile than the market.

5 year sales growth rate is an important factor for valuation analysis, the industry's and the sector's growth for next 5 years ticked at -2.36 and -8.01 respectively. The disclosure for this sale can be found here. Tightening the gaze, stock performance for the last 5 trading days is 5.18%. Insiders own 0.69% of the company's stock. (NASDAQ:MU). Columbia Partners L L C Mgmt holds 0.35% in Micron Technology, Inc. "Longer-term, MU expects some opportunistic share repurchases to drive shareholder returns", contends Rakesh. "Inc." was originally posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are viewing this article on another publication, it was copied illegally and republished in violation of United States and worldwide copyright legislation. (NASDAQ:MU). Principal Fincl Grp Inc Inc reported 1.59 million shares.

Micron Technology Inc. has a 52 week low of $16.17 and a 52 week high of $42.07 with a P/E ratio of 9.44 The company's market cap is now $0.

The company is so far trading down from yesterday's close of 41.61. Six analysts have made estimates for Micron Technology's earnings, with the highest EPS estimate coming in at $2.20 and the lowest estimate coming in at $2.10. This will give analytical advantage to a shorter-term trader since it pursues the price more intimately, and consequently produces less "lag" as comparison to the longer-term moving average. The company has market cap of $46.51 billion.

Micron Technology (NASDAQ:MU) last released its quarterly earnings results on Tuesday, September 26th. In the latest earnings report the EPS was $4.41 and is expected to be $7.55 for the current year with 1,109,000,000 shares now outstanding. Micron Technology had a return on equity of 32.09% and a net margin of 25.04%. The firm had revenue of $6.14 billion for the quarter, compared to analysts' expectations of $5.97 billion. During the same quarter past year, the firm posted ($0.01) EPS. Micron Technology's revenue was up 90.8% compared to the same quarter a year ago.

Covering sell-side analysts have recently weighed in on shares of Micron Technology, Inc. Micron Technology reported earnings per share of $0.32 in the same quarter last year, which indicates a positive year over year growth rate of 571.9%. They set a "market perform" rating and a $43.00 price objective for the company. Remember, just because a stock is cheap doesn't mean you should buy it. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, thirty have given a buy rating and one has assigned a strong buy rating to the company's stock.

September 27 investment analysts at Morgan Stanley held the company rating at "Overweight" but raised the price target to $39.00 from $23.00. Oregon Pub Employees Retirement Fund holds 0.36% of its portfolio in Micron Technology, Inc.

Related News:

  • Student charged with felony in Powhatan school threat

    Student charged with felony in Powhatan school threat

    Dinwiddie High School and nearby Dinwiddle Middle School were both put on lock down Wednesday morning following a gun scare. He said this is a lesson to all students to be careful what you post.
    Richardson toddler still missing as parents hire separate attorneys

    Richardson toddler still missing as parents hire separate attorneys

    The parents are also loving. "She is distraught", he said. "She's very much anxious and depressed", Jose said of Sherin's mother. Saturday because she refused to drink her milk. "I checked on Sherin at about 3:15 am and found that she is gone", said Mathews.
    Stubble burning: Punjab to present 30 farmers before NGT

    Stubble burning: Punjab to present 30 farmers before NGT

    In Punjab's Sangrur district, a large number of farmers have started burning their stubble to press in their demands. This is not a political issue but this issue relates to the environment.
  • Youngstown woman killed in fiery crash

    Youngstown woman killed in fiery crash

    According to Tennessee Highway Patrol officials, 35-year-old Michelle Lynn Sampson was killed in the crash. Neither speed nor alcohol or drugs are considered factors in the crash, which remains under investigation.
    Spanish company launches new low-fat avocado

    Spanish company launches new low-fat avocado

    Isla Bonita claims their Avocado Light has up to 30 percent less fat than ordinary fruits . The grower also claims that its product stays ripe longer than a traditional avocado.
    CBI comments on new Board of Trade

    CBI comments on new Board of Trade

    The Board of Trade is to be revived as an advisory body to attract more inward investment to the United Kingdom and boost exports.
  • Insiders are Gradually Selling Advanced Micro Devices, Inc. (NASDAQ:AMD)

    Insiders are Gradually Selling Advanced Micro Devices, Inc. (NASDAQ:AMD)

    In other news, Director Mubadala Investment Co Pjsc sold 40,000,000 shares of the stock in a transaction dated Friday, August 4th. Discovery Capital Management Llc Ct holds 5.9% of its portfolio in Advanced Micro Devices, Inc . for 19.49 million shares.
    Paraguay humble Turkey to top Group A

    Paraguay humble Turkey to top Group A

    Turkey were never in control of the game right from the kickoff as the Latin American side kept on pressing in front of the goal. Striker Fernando Romero was brought in for Vega in the second half, but their attacks continued to flow.
    Microsoft Launcher for Android is now rolling out to all users

    Microsoft Launcher for Android is now rolling out to all users

    You'll be sent a link that will take you to the Play Store page for Microsoft Edge , where you can install the browser. We'll undoubtedly be hearing more about these apps once the Fall Creators Update for Windows 10 drops, so stay tuned.
  • What Does Insider Trading Tell Us About T-Mobile US, Inc. (TMUS)?

    In the past 3-month period alone, shares of TMUS have appreciated - or. 82 funds opened positions while 187 raised stakes. In the a year ago there have been a total of 37 insider trades, including 16 open market buys and 21 sells.
    Rose McGowan suspended from Twitter after Ben Affleck tweet

    Rose McGowan suspended from Twitter after Ben Affleck tweet

    Twitter has given actor Rose McGowan a timeout amid an uproar over sexual harassment in Hollywood. CNN has not spoken with McGowan about the alleged sexual misconduct.

    Banks plan clampdown on credit after warnings on debt mountain

    The growth rate is down since late 2016, but it is still close to the rate last seen before the 2008 financial crisis. The latest figures suggested that lenders were heeding warnings from the Bank about spiralling household debt.


Most liked

Jason Momoa's Tasteless 'Game Of Thrones' Rape Joke Resurfaces Amid Weinstein Scandal
After the video surfaced on Twitter, fans of Mamoa and of " Game of Thrones " immediately went nuclear. Momoa elaborated on the comments in an interview with the New York Post .

Life is Strange: Before the Storm Episode 2 Gets a Release Date
Chloe Price and Rachel Amber are forging an unlikely friendship and a family secret is threatening to tear everything apart. In fact, you'll probably appreciate Life is unusual more going into it after playing this prequel.

Cheaper Honda Civic Type R Appears Imminent
Could be, but does Honda need a less expensive, under equipped Civic Type-R to carry the line? The two trims shown are " Civic Type R " and "Touring".

More than 500000 child seats recalled
Alternatively, concerned customers may call Diono's customer support line toll-free at 1-855-463-4666. You will be able to locate this information on the manufacturer's label on the product.

'Roswell' Series Reboot in Development at CW
It's heading to the CW with a new script from Carina MacKenzie, producer of Vampire Diaries spin-off The Originals . The original Roswell series debuted on the WB network in 1999 before moving to UPN for its third and final season.

Bravo announces premiere for "Top Chef Colorado", with Colorado Springs contestant
Bravo brought its crew to Boulder, Denver, Telluride and Aspen to film earlier this year. The battle for culinary superiority resumes at 8 p.m.

N'Golo Kante and Alvaro Morata unlikely to feature against Crystal Palace
Chelsea may look to loan out rebel forward Charly Musonda in the January transfer window following his weird outburst at them. Antonio Conte made Sandro a top target in the summer but was unsuccessful in his attempts to draw him to Stamford Bridge.

Roy Price Put on Leave of Absence at Amazon Studios
Price joined Amazon in 2004, overseeing the launch of its digital video store and eventually its streaming service. Once in the cab, Hackett says Price repeatedly and insistently propositioned her.

What's Real Worth Of TrueCar, Inc. (TRUE), Corning Incorporated (GLW)
State Street reported 40.92 million shares. $676,656 worth of Corning Incorporated (NYSE:GLW) shares were sold by Musser Eric S. It increased, as 42 investors sold GLW shares while 336 reduced holdings. 89 funds opened positions while 257 raised stakes.

BioWare vet and Dragon Age director Mike Laidlaw is leaving the company
Laidlaw first joined BioWare as the lead story developer and writer for Jade Empire , an action role-playing game that launched in 2005.

Crown Castle International Corporation (NYSE:CCI) Valuation According To Analysts
It worsened, as 41 investors sold MHK shares while 164 reduced holdings. 23 funds opened positions while 34 raised stakes. Biondo Investment Advisors Llc increased Regeneron Pharmaceuticals (REGN) stake by 577.68% reported in 2017Q2 SEC filing.

The Bottom Line on Exact Sciences Corporation (EXAS), Costco Wholesale Corporation (COST)
Eric Chen increased its stake in Exact Sciences Corp (EXAS) by 28.97% based on its latest 2017Q2 regulatory filing with the SEC. The stock of EXACT Sciences Corporation (NASDAQ:EXAS) has "Buy" rating given on Wednesday, May 31 by Canaccord Genuity.

Tottenham Hotspur 'to break Premier League attendance record this weekend'
Merson has gone for a 3-0 win for Tottenham as he expects them to finally break their Premier League Wembley duck. But in order to catch those teams at the top, they are going to need to start winning at home.

Kiwi Brendon Hartley in line for Formula One debut
With a lack of young talent behind Gasly, Toro Rosso could recall its former team member Sebastien Buemi. Gasly was promoted to a race seat with the Faenza-based and replaced Dany Kvyat in Malaysia and Japan.

No contact between Easter Island and South America, study finds
The team reached its conclusion by studying bone fragments and published its findings October 12 in Current Biology . One of the big questions is whether or not the early islanders had any contact with Indigenous South Americans.