UBS Upgraded Micron Technology (NASDAQ:MU)’s Rating On Jun 27, 2018.

June 27, 2018 - By Rebecca Betts

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

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

Thompson Siegel & Walmsley Ltd Liability Co owns 60,205 shs. Savant Capital Ltd owns 5,710 shs. Bp Public Limited Com holds 129,000 shs or 0.24% of its capital. Edge Wealth Lc has invested 0.02% in Micron Technology, Inc. (NASDAQ:MU). Pictet Bancorp & Tru Ltd has 30,400 shs for 0.56% of their capital. Credit Cap Invs holds 39.3% or 797,000 shs in its capital. California Employees Retirement Systems holds 2.35M shs or 0.17% of its capital. 683 Cap Management Ltd Liability Company has 330,000 shs for 1.52% of their capital. 210 are owned by 1832 Asset Management Lp. Leuthold Limited Liability Co reported 0.79% of its capital in Micron Technology, Inc. (NASDAQ:MU). Ibm Retirement Fund holds 0.25% of its capital in Micron Technology, Inc. (NASDAQ:MU) for 26,280 shs. Atria Invs Limited Liability Corp accumulated 22,707 shs or 0.06% of the stock. Birinyi Assoc reported 10,950 shs. Louisiana State Employees Retirement Sys reported 70,600 shs. Arizona State Retirement stated it has 0.23% in Micron Technology, Inc. (NASDAQ:MU).

Micron Technology, Inc. had 15 sales and 0 insider purchases since January 2, 2018. This’s net activity of $9.36 million. 3,000 shs were sold by BAILEY ROBERT L, worth $128,197 on Tuesday, January 2. On Monday, April 2 $1.26M worth of Micron Technology, Inc. (NASDAQ:MU) was sold by JOHNSON MERCEDES. The insider Mondry Lawrence N sold 50,000 shs worth $2.17M. On Friday, May 25 $1.54M worth of stock was sold by Deboer Scott J. Thorsen Steven L. JR sold $1.36 million worth of Micron Technology, Inc. (NASDAQ:MU) or 28,089 shs on Tuesday, May 8. Byrne Patrick J also sold $665,058 worth of Micron Technology, Inc. (NASDAQ:MU) shs.

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

On 26 June equity research analysts at UBS increased Micron Technology (NASDAQ:MU)‘s shares rating to Neutral from Sell. MU’s rating change was reported in an analyst note.

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”. (NASDAQ:MU) has 76% bullish analysts. 61 are the (NASDAQ:MU)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. On Friday, March 23 Stifel Nicolaus maintained the shares of MU in report with “Buy” rating. On Monday, March 12 the stock of Micron Technology, Inc. (NASDAQ:MU) earned “Buy” rating by Nomura. On Thursday, June 21 the rating was maintained by Stifel Nicolaus with “Buy”. On Wednesday, June 20 the company was maintained by J.P. Morgan. On Thursday, June 21 the stock of Micron Technology, Inc. (NASDAQ:MU) has “Hold” rating given by BMO Capital Markets. On Monday, March 19 the stock of Micron Technology, Inc. (NASDAQ:MU) has “Buy” rating given by Deutsche Bank. In Tuesday, February 6 report Stifel Nicolaus maintained it with “Buy” rating and $85 target. On Thursday, May 10 the firm has “Buy” rating given by Morgan Stanley. The company rating was maintained by Morgan Stanley on Tuesday, February 6. On Tuesday, February 6 the stock of Micron Technology, Inc. (NASDAQ:MU) earned “Buy” rating by Needham.

The stock decreased 2.48% or $1.355 during the last trading session, touching $53.235.Currently Micron Technology, Inc. is uptrending after 108.46% change in last June 27, 2017. MU has also 26.79 million shares volume. MU outperformed by 95.89% the S&P500.

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.The P/E ratio is 5.34. 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 announced briefly go to: Investorplace.com, Globenewswire.com, Fool.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “The Top 5 Semiconductor Stocks to Buy” announced on June 25, 2018, “Micron Begins Volume Production of GDDR6 High Performance Memory” on June 25, 2018, “Why Netflix, Micron Technology, and US Steel Slumped Today” with a publish date: June 25, 2018, “Micron: Higher Value Products Lead To Higher Valuations” and the last “Micron: Targeting A Long Play Under $50” with publication date: June 27, 2018.

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

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