As Micron Technology INC (MU) Shares Rose, Bank Of The West Decreased Stake by $3.16 Million

June 27, 2018 - By Estela Ashley

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 dived. 241 grew positions while 138 funds amassed positions. Funds hold 846.69 million shares thus 4.13% less from 2017Q4’s 883.15 million shares. Adage Capital Partners Group Incorporated holds 1.50M shs. Platinum Invest Mngmt Limited owns 24,000 shs. 47,500 were accumulated by Ellington Management Gru. Moreover, Ubs Asset Mgmt Americas Inc has 0% invested in Micron Technology, Inc. (NASDAQ:MU). Ballentine Prtn Lc owns 3,917 shs. California-based Fdx Advsr Inc has invested 0.02% in Micron Technology, Inc. (NASDAQ:MU). Intact holds 0.03% or 13,500 shs in its capital. Trexquant Invest Ltd Partnership reported 161,883 shs. Jabre Cap Prtnrs, Switzerland-based fund reported 9,000 shs. Fincl Bank, a Missouri-based fund reported 23,013 shs. Leuthold Group Ltd reported 133,330 shs or 0.79% of all its holdings. Indexiq owns 0.14% invested in Micron Technology, Inc. (NASDAQ:MU) for 82,846 shs. Hillsdale Investment Mgmt stated it has 8,970 shs or 0.07% of all its holdings. Cls Investments Lc stated it has 0% of its capital in Micron Technology, Inc. (NASDAQ:MU). Amica Retiree Trust invested in 0.25% or 5,393 shs.

MU registered $9.36 million net activity with 0 insider purchases and 15 selling transactions since January 2, 2018. On Thursday, March 15 $31,814 worth of stock was sold by ARNZEN APRIL S. 50,000 shs were sold by Mondry Lawrence N, worth $2.17 million on Wednesday, February 14. $768,439 worth of Micron Technology, Inc. (NASDAQ:MU) was sold by Deboer Scott J. 25,000 shs valued at $1.26 million were sold by JOHNSON MERCEDES on Monday, April 2. Thorsen Steven L. JR also sold $1.36M worth of Micron Technology, Inc. (NASDAQ:MU) shs. Byrne Patrick J sold $665,058 worth of Micron Technology, Inc. (NASDAQ:MU) on Wednesday, May 2.

In Micron Technology Inc (MU) was reduced the holdings owned by Bank Of The West. The decrease is 61.04% according to 2018Q1 SEC form. The company’s stock rose 27.87% while stock markets declined as Bank Of The West sold 60,743 shares. At the end of 2018Q1, the 38,778 shares of the technology company held by the institutional investor were valued at $2.02M, down from 99,521 at the end of the previous reported quarter. For a total of 366,554 shares it increased its holding in Ishares Tr (FLOT) by 131,238 shares in the quarter, and has risen its stake in Invesco Ltd (NYSE:IVZ).

For more Micron Technology, Inc. (NASDAQ:MU) news announced recently go to: Investorplace.com, Investorplace.com, Seekingalpha.com, Seekingalpha.com or Schaeffersresearch.com. The titles are as follows: “The Top 5 Semiconductor Stocks to Buy” announced on June 25, 2018, “Monday’s Vital Data: Micron, Tesla and Amazon” on June 25, 2018, “Analysts raise Micron price targets after earnings” with a publish date: June 21, 2018, “Micron – Good Times Continue (For Now)” and the last “China Trade Tensions Crush Micron Stock Options Bulls” with publication date: June 25, 2018.

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

A total of 25 analysts rate Micron (NASDAQ:MU) as follows: 19 “Buy”, 6 “Hold” and 0 “Sell”. Š¢herefore 76% are bullish. The firm has $108 highest and $35 lowest target. The avg target $75.79 is 41.92% above the last ($53.403) price. (NASDAQ:MU) has 61 ratings reports on Jun 27, 2018 according to StockzIntelligence. On Tuesday, May 22 the firm has “Buy” rating by Nomura given. On Friday, March 23 the rating was maintained by Wells Fargo with “Outperform”. On Thursday, June 21 the firm has “Buy” rating by Stifel Nicolaus given. On Thursday, June 21 the stock of Micron Technology, Inc. (NASDAQ:MU) earned “Outperform” rating by Cowen & Co. On Monday, March 12 the company was upgraded by Nomura. On Wednesday, March 21 the stock has “Market Perform” rating by BMO Capital Markets. On Thursday, March 22 the company was maintained by Cowen & Co. On Tuesday, March 6 Goldman Sachs maintained the shares of MU in report with “Buy” rating. On Tuesday, May 22 the stock of Micron Technology, Inc. (NASDAQ:MU) has “Outperform” rating given by Credit Suisse. On Wednesday, February 28 Cowen & Co maintained Micron Technology, Inc. (NASDAQ:MU) with “Buy” rating.

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

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