UBS Reports Rating Change Micron Technology (NASDAQ:MU) On Jun 27, 2018.

June 27, 2018 - By Lindsey Price

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

Big Money Sentiment decreased to 1.13 in 2018 Q1. It has change of 0.11, from 2017Q4’s 1.24. The ratio dropped due to Micron Technology, Inc. positioning: 52 sold and 282 reduced. 138 funds bought positions and 241 increased positions. Investors holded 883.15 million in 2017Q4 but now own 846.69 million shares or 4.13% less.

The Texas-based Twin Tree Management Ltd Partnership has invested 0.06% in Micron Technology, Inc. (NASDAQ:MU). Vertex One Asset Mngmt holds 600,200 shs. Mariner Wealth Advsr stated it has 126,009 shs. Qs Investors Limited Liability Corp reported 0.02% stake. Bluecrest Limited has 6,973 shs for 0.01% of their capital. Lansdowne Prtn (Uk) Ltd Liability Partnership stated it has 71,340 shs. Public Sector Pension Investment Board holds 0.03% or 88,846 shs. State Of New Jersey Common Pension Fund D invested in 0.33% or 1.65M shs. First Personal Fincl Service holds 0.05% or 4,800 shs in its capital. New York-based Stone Ridge Asset Mngmt Ltd Llc has invested 0.12% in Micron Technology, Inc. (NASDAQ:MU). Profund Advsr Ltd invested 0.74% of its capital in Micron Technology, Inc. (NASDAQ:MU). Regentatlantic Lc stated it has 259,433 shs or 1.13% of all its holdings. Rafferty Asset Mgmt Ltd Liability Co owns 500,495 shs. Eaton Vance Mgmt, a Massachusetts-based fund reported 431,249 shs. Jane Street Lc holds 864,797 shs or 0.12% of its capital.

Micron Technology, Inc. had 15 sales and 0 insider purchases since January 2, 2018. This’s net activity of $9.36 million. On Wednesday, May 2 $665,058 worth of Micron Technology, Inc. (NASDAQ:MU) was sold by Byrne Patrick J. Deboer Scott J also sold $1.54 million worth of Micron Technology, Inc. (NASDAQ:MU) on Friday, May 25. $2.17M worth of stock was sold by Mondry Lawrence N on Wednesday, February 14. JOHNSON MERCEDES also sold $1.26M worth of Micron Technology, Inc. (NASDAQ:MU) on Monday, April 2. $31,814 worth of Micron Technology, Inc. (NASDAQ:MU) was sold by ARNZEN APRIL S on Thursday, March 15. On Tuesday, May 8 Shares for $1.36M were sold by Thorsen Steven L. JR.

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

From Sell to Neutral was changed Micron Technology (NASDAQ:MU)‘s rating by UBS. The boost was announced on 26 June.

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

Total analysts of 25 have positions in Micron (NASDAQ:MU) as follows: 19 rated it a “Buy”, 0 with “Sell” and 6 with “Hold”. The positive are 76%. Since January 10, 2018 according to StockzIntelligence Inc Micron has 61 analyst reports. On Thursday, June 21 the rating was maintained by Credit Suisse with “Outperform”. On Thursday, May 10 the rating was maintained by Morgan Stanley with “Buy”. On Tuesday, February 6 the firm has “Buy” rating by Mizuho given. On Thursday, January 11 the stock has “Buy” rating by Goldman Sachs. On Thursday, June 21 the stock has “Hold” rating by BMO Capital Markets. In Friday, March 23 report Stifel Nicolaus maintained the stock with “Buy” rating. On Tuesday, May 22 Stifel Nicolaus maintained the shares of MU in report with “Buy” rating. On Tuesday, May 22 the company was maintained by Credit Suisse. On Tuesday, June 19 RBC Capital Markets maintained Micron Technology, Inc. (NASDAQ:MU) rating. RBC Capital Markets has “Buy” rating and $8000 target. On Thursday, May 31 the rating was downgraded by Morgan Stanley to “Hold”.

MU is hitting $53.235 during the last trading session, after decreased 2.48%.Micron Technology, Inc. has volume of 26.79M shares. Since June 27, 2017 MU has risen 108.46% and is uptrending. The stock outperformed the S&P500 by 95.89%.

Micron Technology, Inc. provides semiconductor systems worldwide.The company has $61.74 billion market cap. 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: Investorplace.com, Marketwatch.com, Seekingalpha.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Monday’s Vital Data: Micron, Tesla and Amazon” published on June 25, 2018, “Micron stock gains after UBS upgrade” on June 26, 2018, “Analysts raise Micron price targets after earnings” with a publish date: June 21, 2018, “Micron Technology: 2018 Target Prices” and the last “Micron’s Post-Earnings Drifts” with publication date: June 25, 2018.

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

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