Micron Technology, Inc.'s (MU) — Investors Focused Mover

  • Micron Technology, Inc.'s (MU) — Investors Focused Mover

Micron Technology, Inc.'s (MU) — Investors Focused Mover

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Micron Technology (NASDAQ:MU) last released its earnings results on Thursday, March 23rd. The fund owned 230,190 shares of the semiconductor manufacturer's stock after selling 8,728 shares during the period. Hedge funds and other institutional investors own 81.43% of the company's stock. Global X Management Co. The shares have been given a mean Buy rating keeping in view the consensus of 30 Analysts. Volatility for the week is valued at 2.23% with its monthly volatility rate of 2.65%. Great West Life Assurance Co. Rothschild Investment Corp IL raised its position in shares of Micron Technology by 1.3% in the third quarter. Can now owns 898,177 shares of the semiconductor manufacturer's stock valued at $15,940,000 after buying an additional 14,890 shares in the last quarter. Exane Derivatives increased its position in Micron Technology by 18.4% in the third quarter.

Shares of FirstEnergy Corp. The Relative Volume value measured for Micron Technology, Inc. Following the transaction, the vice president now directly owns 421,690 shares in the company, valued at $10,390,441.60. Penserra Capital Management LLC boosted its position in Micron Technology by 99.8% in the third quarter. (MU)'s current share price. Investors measure stock performance on the basis of a company's earnings power. Wall Street is only getting more bullish on the stock, with 27 of analysts who cover MU having a buy-equivalent rating. The total market capitalization remained at $30.47 billion. The stock is now trading with a distance of 20-Day Simple Moving Average (SMA20) of 4.65%. Micron Technology, Inc. has a 12-month low of $9.35 and a 12-month high of $29.87. Micron Technology also was the target of unusually large options trading on Tuesday. This is an increase of 105% compared to the typical daily volume of 14,897 put options. (MU) is at 65.49.

The company is expected to report earnings of $1.5 a share for the next quarter. The firm's quarterly revenue was up 58.4% compared to the same quarter previous year. Micron Technology, Inc. (NASDAQ:MU) has a Return on Assets (ROA) of 2.40%. Furthermore, the company's one-year average price target stands at $39.04, implying approximately 37% upside potential over the last close.

Micron Technology, Inc. (MU) now has a consensus Price Target of $39.04.

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In order to reach an opinion and communicate the value and volatility of a covered security, analysts research public financial statements, listen in on conference calls and talk to managers and the customers of a company, typically in an attempt to capture the findings for a research report. Last session Micron Technology, Inc. Susquehanna Bancshares Inc set a $24.00 target price on shares of Micron Technology and gave the stock a "buy" rating in a research report on Sunday, December 18th. The latest reports which are outstanding on Thursday 6th of April state 11 analyst has a rating of "strong buy", 16 analysts "buy", 2 analysts "neutral", 0 analysts "sell" and 0 analysts "strong sell".

In other news, VP Steven L. Thorsen, Jr. sold 126,000 shares of the business's stock in a transaction dated Thursday, February 9th. There may be various price targets for a stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The shares were sold at an average price of $24.64, for a total transaction of $3,104,640.00. The disclosure for this sale can be found here. The stock appeared -9.01% below its 52-week highs and is down -4.93% for the last five trades.