Ws Management Lllp Decreased Its Stake in Micron Technology INC (MU) as Shares Rose

May 16, 2018 - By Joseph Norton

Micron Technology, Inc. (NASDAQ:MU) Corporate LogoDuring 2017 Q4 the big money sentiment decreased to 1.24. That’s change of 0.13, from 2017Q3’s 1.37. 49 investors sold all, 245 reduced holdings as MU ratio dived. 239 grew stakes while 126 funds amassed stakes. Funds hold 883.15 million shares thus 0.40% less from 2017Q3’s 886.67 million shares. Tradewinds Capital Mgmt Lc reported 590 shs. Liberty Mutual Gp Asset Mgmt reported 44,402 shs stake. James Invest Rech accumulated 0.09% or 62,090 shs. Convergence Inv Prtn Ltd Liability Company owns 92,115 shs. Shaker Invests Ltd Liability Oh invested in 0.17% or 6,400 shs. Scotia Inc holds 24,321 shs. Covington Cap Mgmt, California-based fund reported 1,600 shs. Signaturefd Limited Liability Corporation has 10,581 shs. Highland Ltd Partnership has invested 0.35% in Micron Technology, Inc. (NASDAQ:MU). Paloma Prtnrs Mngmt stated it has 55,581 shs or 0.03% of all its holdings. Jaffetilchin Prtn accumulated 5,444 shs. Wafra Invest Advisory Grp Inc Ny holds 0.64% or 339,209 shs in its capital. Tower Rech Capital Lc (Trc) holds 0.34% or 64,756 shs. Gateway Inv Advisers Ltd Llc reported 61,000 shs. Private Ocean Limited Liability owns 0.04% invested in Micron Technology, Inc. (NASDAQ:MU) for 1,521 shs.

MU registered $7.65 million net activity with 0 buys and 13 insider sales since January 2, 2018. The insider JOHNSON MERCEDES sold 25,000 shs worth $1.26M. Another trade for 28,089 shs valued at $1.36 million was made by Thorsen Steven L. JR on Tuesday, May 8. On Thursday, March 1 BAILEY ROBERT L sold $144,003 worth of Micron Technology, Inc. (NASDAQ:MU) or 3,000 shs. Deboer Scott J sold $638,380 worth of stock or 14,750 shs. Byrne Patrick J sold $665,058 worth of stock or 14,360 shs. Mondry Lawrence N sold 50,000 shs worth $2.17M.

Reid Walker’s holdings in Micron Technology Inc (MU) is reduced by 39.57% based on its latest 2017Q4 regulatory filing with the SEC. By selling 6.55 million shares Ws Management Lllp made the stock popped up with 18.77%. The hedge fund run by Reid Walker is holding 10.01 million shares, compared to the 16.56M from the previous quarter. And the reported value of the technology company is $411.43M for the 2017Q4. Ws Management Lllp has risen its stake in Allegheny Technologies Inc (NYSE:ATI) and also increased its holding in Pandora Media Inc (NYSE:P) by 5.11 million shares in the quarter, for a total of 5.61M shares.

On July, 5 Micron Technology, Inc. (NASDAQ:MU)’s earnings report is awaited by WallStreet, according to RTT. This year’s EPS analyst estimate is awaited to be $2.81. That is 100.71 % up compareed to $1.4 EPS for last year. If EPS of $2.81 is published the profit of MU could reach $3.26B giving it 5.01 P/E. Wall Street forecasts 0.36 % EPS growth as of July, 5.

For more Micron Technology, Inc. (NASDAQ:MU) news released recently go to: Seekingalpha.com, Seekingalpha.com, Seekingalpha.com, Seekingalpha.com or Streetinsider.com. The titles are as follows: “The Market Is Doubtful Of Micron” released on May 10, 2018, “Micron: Reading The Tea Leaves” on May 14, 2018, “Where Does Micron Technology Go From Here?” with a publish date: May 15, 2018, “Micron: Shorts Are Scared To Act” and the last “Appaloosa 13F Shows New Stake in Wells Fargo (WFC) and Lam Research (LRCX), Increase in Micron (MU) MGM …” with publication date: May 15, 2018.

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

In total 24 analysts cover Micron (NASDAQ:MU). “Buy” rating has 19, “Sell” are 1, while 4 are “Hold”. 79% are bullish. 52 are the (NASDAQ:MU)’s analyst reports since November 27, 2017 according to StockzIntelligence Inc. On Tuesday, February 6 Stifel Nicolaus maintained Micron Technology, Inc. (NASDAQ:MU) rating. Stifel Nicolaus has “Buy” rating and $85 target. The company rating was maintained by Mizuho on Tuesday, February 6. The stock rating was maintained by Morgan Stanley with “Buy” on Thursday, May 10. On Wednesday, December 20 the rating was maintained by Mizuho with “Buy”. On Friday, March 16 the rating was maintained by Robert W. Baird with “Buy”. On Thursday, March 8 the firm earned “Buy” rating by Susquehanna. The stock rating was maintained by Citigroup with “Buy” on Wednesday, December 20. In Friday, March 23 report Morgan Stanley maintained the stock with “Overweight” rating. In Monday, December 4 report Cowen & Co maintained the stock with “Buy” rating. On Monday, March 12 the rating was maintained by Mizuho with “Buy”.

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

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