Ifrah Financial Services Inc. Sells 338 Shares of Micron Technology, Inc. (MU)

Lloyd Doyle
January 13, 2018

The institutional investor held 68,331 shares of the technology company at the end of 2017Q3, valued at $2.69M, down from 82,231 at the end of the previous reported quarter. Marathon Trading Investment Management Llc who had been investing in Micron Technology Inc for a number of months, seems to be bullish on the $49.51 billion market cap company. The stock increased 1.00% or $0.15 during the last trading session, reaching $15.19. Central Asset Investments & Management Holdings (Hk) Ltd owns 1.01 million shares or 27.42% of their United States portfolio. Micron Technology, Inc. (NASDAQ:MU) has risen 176.27% since January 11, 2017 and is uptrending. It has outperformed by 159.57% the S&P500.

Eventide Asset Management Llc increased its stake in Palo Alto Networks Inc (PANW) by 6.73% based on its latest 2017Q3 regulatory filing with the SEC. Parametric Portfolio Associates LLC now owns 3,383,098 shares of the semiconductor manufacturer's stock valued at $133,057,000 after buying an additional 51,527 shares during the period. Peoples Financial Services Corp who had been investing in Rockwell Collins Inc Com for a number of months, seems to be less bullish one the $22.50B market cap company. The stock increased 1.55% or $0.67 during the last trading session, reaching $43.94. About 315,121 shares traded. Palo Alto Networks, Inc. The Boeing Company (NYSE:BA) has risen 41.13% since January 12, 2017 and is uptrending. It has underperformed by 36.98% the S&P500. About 39.40 million shares traded. Thorsen Steven L. JR also sold $4.53M worth of Micron Technology, Inc. Insiders sold a total of 188,720 shares of company stock valued at $8,046,240 over the last quarter. 29,500 shares valued at $1.03M were sold by Deboer Scott J on Friday, September 15. Evercore Wealth Management LLC now owns 10,236 shares of the semiconductor manufacturer's stock worth $141,000 after buying an additional 287 shares during the period. Shares for $3.09M were sold by Poppen Joel L on Friday, September 29.

Currently, the stock carries a price to earnings ratio of 0, a price to book ratio of 8.99, and a price to sales ratio of 4.55.

Several other hedge funds have also recently added to or reduced their stakes in MU. Its down 12.23% from 6.95 million shares previously. Vantage Advisors Limited Com owns 375 shares or 0% of their U.S. portfolio. Summit Equities accumulated 44,524 shares. First Citizens Bank & Trust Co. grew its stake in shares of Micron Technology by 6.3% in the 4th quarter.


Micron Technology (NASDAQ:MU) had its price objective raised by Loop Capital to $56.00 in a research report released on Wednesday, December 20th, The Fly reports. (NASDAQ:MU). 784 were reported by North Star Inv Mngmt. Vantage Financial Partners Ltd. Inc. bought a new stake in Micron Technology in the 2nd quarter valued at $500,000. (NASDAQ:MU). Cambridge Invest Research has invested 0.04% in Micron Technology, Inc. Fny Managed Accounts Limited Liability Corporation holds 28,620 shares or 1.47% of its portfolio. Rathbone Brothers Public Ltd Com invested in 11,094 shares or 0.12% of the stock. California-based Gemmer Asset Limited Co has invested 0% in Micron Technology, Inc. (NASDAQ:MU) on Thursday, December 17 to "Overweight" rating. The stock was sold at an average price of $23.00, for a total value of $1,121,940.00.

Micron Technology, Inc. has a 52 week low of $9.35 and a 52 week high of $25.31. (NASDAQ:MU) shares. The insider Mondry Lawrence N sold $765,485. Moreover, Mountain Pacific Advisers Id has 0.07% invested in Micron Technology, Inc. Therefore 83% are positive. The business's quarterly revenue was up 71.4% compared to the same quarter last year. sell-side analysts forecast that Micron Technology, Inc. will post 9.78 earnings per share for the current fiscal year. The rating was maintained by Nomura on Friday, September 29 with "Buy". Stifel Nicolaus maintained Micron Technology, Inc. Citigroup set a $45.00 target price on Micron Technology and gave the company a buy rating in a research note on Tuesday, August 29th. Credit Suisse maintained the shares of MU in report on Tuesday, September 5 with "Buy" rating. Micron Technology has a consensus rating of Buy and a consensus price target of $55.33.

Among 42 analysts covering Micron Technology Inc. Goldman Sachs maintained Micron Technology, Inc. The rating was maintained by Cowen & Co with "Buy" on Wednesday, December 20. UBS maintained it with "Buy" rating and $53.0 target in Thursday, October 19 report. (NASDAQ:MU) on Tuesday, August 16 with "Buy" rating. The firm has "Buy" rating given on Tuesday, June 20 by J.P. Morgan. That is, the equity has a 10-day call/put volume ratio of 4.58 at the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), meaning call buying has outnumbered put buying by a more than four-to-one ratio. It also increased its holding in Entergy Corp (NYSE:ETR) by 13,041 shares in the quarter, for a total of 91,728 shares, and has risen its stake in Cubesmart (NYSE:CUBE).

Investors sentiment increased to 0.5 in Q3 2017. Its up 0.22, from 0.94 in 2017Q2. Institutional investors own 80.89% of the company's stock. 165 funds opened positions while 367 raised stakes. 18 analysts recommended Overweight these shares while 0 recommended Underweight, according to FactSet data. Advisory Net Ltd Limited Liability Company has invested 0.09% in Palo Alto Networks, Inc. Corsair Limited Partnership stated it has 10,000 shares or 0.07% of all its holdings. Corporate insiders own 0.53% of the company's stock. (NYSE:PANW) for 3,710 shares. D E Shaw Commerce invested in 5.63 million shares or 0.34% of the stock. Ironwood Counsel Lc owns 41,693 shares for 0.31% of their portfolio. Hancock Holdings has 66,141 shares for 0.71% of their portfolio. Westpac Corp, a Australia-based fund reported 5,332 shares.

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