As of the end of the quarter Eqis Capital Management, Inc. had acquired 29,702 shares growing its stake by 249.5%.
19 number of analysts have estimated the sales of the company for the quarter ending Dec 19, 2017- Dec 26, 2017, analysts estimated mean sale target of 6203.08 million while high and low sale targets are estimated at 6697.15 million and 5556.3 million respectively.
Traders are feeling more bearish on shares of the company of late if you pay attention to the motion in short interest. Fred Alger Management Inc. purchased a new stake in shares of Micron Technology during the fourth quarter valued at approximately $82,322,000. Finally, Quantitative Systematic Strategies LLC lifted its holdings in Micron Technology by 0.7% during the 2nd quarter. The value of the investment in Micron Technology, Inc. increased from $355,000 to $1,636,000 a change of 360.8% quarter over quarter. Eidelman Virant Capital now owns 127,400 shares of the semiconductor manufacturer's stock worth $3,804,000 after buying an additional 23,000 shares in the last quarter. The Director now owns $3,424,485 of the stock per an SEC filing yesterday.
Investors who took positions in shares of Micron Technology, Inc.
Micron Technology (NASDAQ:MU) last posted its quarterly earnings data on Tuesday, September 26th. Share performance for the month is now at 21.35%. National Pension Ser invested 0.18% of its portfolio in Micron Technology, Inc.
Tokio Marine Asset Limited has 0.05% invested in Micron Technology, Inc. (NASDAQ:MU). Growth Limited Partnership owns 2.25 million shares.
The company P/E (price to earnings) ratio is 9.62 and Forward P/E ratio is 6.23. The company's 50-day moving average is $35.35 and its 200 day moving average is $30.96. Many investors consider these recommendations very seriously, and often times whenever an analyst changes their outlook on a stock, the price change nearly immediately.
Micron Technology (MU) traded down 1.92% during trading on Thursday, reaching $40.81. The semiconductor manufacturer reported $0.90 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.84 by $0.06. (NASDAQ:MU) news were published by: Seekingalpha.com which released: "Micron: The Endorsement Of An Icon" on October 02, 2017, also Seekingalpha.com with their article: "Micron Technology: D- In Capital Allocation" published on October 11, 2017, Seekingalpha.com published: "Micron Technology: What About Chip Prices?" on September 25, 2017.
Quarterly Revenue Growth on year-over-year basis stands at 92.1 percent.
Tfs Capital Llc holds 0.06% of its portfolio in Natural Alternatives International, Inc. for 14,357 shares. The firm's quarterly revenue was up 90.8% compared to the same quarter a year ago. Further, MU NAND pricing has lagged spot for the past several quarters so we expect a catch-up this quarter especially if the positive trend continues. Out of 9 Wall Street analysts rating VMware, 3 give it "Buy", 0 "Sell" rating, while 6 recommend "Hold". Wells Fargo & Co restated an "outperform" rating and issued a $35.00 price target on shares of Micron Technology in a research note on Friday, March 24th. This gauge is crucial in determining whether investors are moved toward the direction of buying more of the stock, or else doing the contradictory side and selling more of the stock. (NASDAQ:MU) earned "Overweight" rating by Morgan Stanley on Wednesday, September 27. Micron Technology has a 52 week low of $16.17 and a 52 week high of $42.07. Analysts rating the company a 4 or 5 indicate a Sell recommendation. BMO Capital Markets upgraded Micron Technology from a "no rating at time" rating to a "market perform" rating and set a $43.00 price target for the company in a research report on Monday. The company's stock had a trading volume of 37,868,540 shares. Following the transaction, the senior vice president now directly owns 50,542 shares in the company, valued at approximately $1,426,295.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Steven L. Thorsen, Jr. sold 118,944 shares of the stock in a transaction dated Friday, September 29th.