Empowered Funds LLC Boosts Stock Position in Micron Technology, Inc. (NASDAQ:MU) – Notice Global Online

Empowered Funds LLC boosted its holdings in Micron Technology, Inc. (NASDAQ:MU – Free Report) by 1.7% during the 1st quarter, according to the consort in its most past revealing with the Securities and Exchange Commission. The money owned 39,598 shares of the conductor manufacturer’s hit after purchase an added 656 shares during the period. Empowered Funds LLC’s holdings in Micron Technology were worth $4,668,000 as of its most past SEC filing.

Several another inclose assets and another institutionalised investors hit also bought and oversubscribed shares of MU. AIA Group Ltd upraised its function in shares of Micron Technology by 2.1% during the 1st quarter. AIA Group Ltd today owns 4,821 shares of the conductor manufacturer’s hit valued at $568,000 after purchase an added 101 shares during the terminal quarter. Quantbot Technologies LP upraised its function in shares of Micron Technology by 153.5% during the 1st quarter. Quantbot Technologies LP today owns 72,163 shares of the conductor manufacturer’s hit valued at $8,507,000 after purchase an added 43,701 shares during the terminal quarter. Envestnet Portfolio Solutions Inc. upraised its function in shares of Micron Technology by 4.1% during the 1st quarter. Envestnet Portfolio Solutions Inc. today owns 60,458 shares of the conductor manufacturer’s hit valued at $7,127,000 after purchase an added 2,383 shares during the terminal quarter. Empirical Finance LLC upraised its function in shares of Micron Technology by 3.5% during the 1st quarter. Empirical Finance LLC today owns 39,659 shares of the conductor manufacturer’s hit valued at $4,675,000 after purchase an added 1,338 shares during the terminal quarter. Finally, metropolis Capital Management LLC upraised its function in shares of Micron Technology by 5.2% during the 1st quarter. metropolis Capital Management LLC today owns 2,119 shares of the conductor manufacturer’s hit valued at $250,000 after purchase an added 104 shares during the terminal quarter. Hedge assets and another institutionalised investors possess 80.84% of the company’s stock.

Micron Technology Stock Up 2.5 %

Shares of Micron Technology stock unsealed at $133.55 on Friday. The consort has a hurried ratio of 2.16, a underway ratio of 3.41 and a debt-to-equity ratio of 0.29. The business’s 50 punctuation ultimate agitated cipher is $132.22 and its two-hundred punctuation ultimate agitated cipher is $109.77. Micron Technology, Inc. has a digit assemblage baritone of $61.75 and a digit assemblage broad of $157.54.

Micron Technology (NASDAQ:MU – Get Free Report) terminal proclaimed its quarterly earnings results on Wednesday, June 26th. The conductor concern reportable $0.62 EPS for the quarter, superior analysts’ consensus estimates of $0.48 by $0.14. The playing had income of $6.81 1000000000 for the quarter, compared to analysts’ expectations of $6.67 billion. Micron Technology had a perverse convey on justness of 4.01% and a perverse gain edge of 7.20%. The business’s quarterly income was up 81.5% on a year-over-year basis. During the aforementioned punctuation in the preceding year, the concern attained ($1.57) EPS. Analysts look that Micron Technology, Inc. module place 0.58 EPS for the underway year.

Micron Technology Announces Dividend

The playing also fresh proclaimed a quarterly dividend, which module be paying on Tuesday, July 23rd. Shareholders of achievement on Monday, July 8th module be paying a $0.115 dividend. The ex-dividend fellow is Monday, July 8th. This represents a $0.46 dividend on an annualized foundation and a consent of 0.34%. Micron Technology’s dividend payout ratio (DPR) is currently -32.39%.

Insider Transactions at Micron Technology

In another news, EVP April S. Arnzen oversubscribed 4,890 shares of Micron Technology hit in a dealings that occurred on Thursday, June 27th. The hit was oversubscribed at an cipher toll of $135.86, for a amount continuance of $664,355.40. Following the sale, the chief evilness chair today direct owns 142,321 shares in the company, valued at roughly $19,335,731.06. The understanding was unconcealed in a filing with the SEC, which is acquirable finished this link. In attendant news, EVP Manish H. Bhatia oversubscribed 53,317 shares of Micron Technology hit in a dealings that occurred on Monday, May 6th. The hit was oversubscribed at an cipher toll of $119.18, for a amount dealings of $6,354,320.06. Following the sale, the chief evilness chair today direct owns 319,119 shares in the company, valued at $38,032,602.42. The dealings was unconcealed in a filing with the Securities & Exchange Commission, which is acquirable at the SEC website. Also, EVP Apr S. Arnzen oversubscribed 4,890 shares of Micron Technology hit in a dealings that occurred on Thursday, June 27th. The shares were oversubscribed at an cipher toll of $135.86, for a amount continuance of $664,355.40. Following the sale, the chief evilness chair today owns 142,321 shares in the company, valued at $19,335,731.06. The revealing for this understanding crapper be institute here. In the terminal threesome months, insiders hit oversubscribed 250,730 shares of consort hit worth $31,063,449. 0.32% of the hit is currently owned by insiders.

Analyst Upgrades and Downgrades

A sort of investigate analysts hit fresh commented on the company. Argus upraised Micron Technology from a “hold” judgement to a “buy” judgement and ordered a $140.00 toll direct on the hit in a investigate inform on Thursday, March 21st. KeyCorp accumulated their toll neutral on Micron Technology from $160.00 to $165.00 and gave the hit an “overweight” judgement in a inform on Tuesday, July 9th. Rosenblatt Securities restated a “buy” judgement and issued a $225.00 direct toll on shares of Micron Technology in a investigate state on Tuesday, June 25th. author metropolis & Company upped their direct toll on Micron Technology from $135.00 to $190.00 and gave the hit an “overweight” judgement in a investigate state on Thursday, June 20th. Finally, Wedbush restated an “outperform” judgement and issued a $170.00 direct toll on shares of Micron Technology in a investigate state on Thursday, June 27th. Two analysts hit rated the hit with a stop judgement and twenty-five hit issued a acquire judgement to the company. Based on accumulation from MarketBeat.com, the hit presently has an cipher judgement of “Moderate Buy” and a consensus direct toll of $158.72.

Check Out Our Latest Analysis on Micron Technology

Micron Technology Profile

(Free Report)

Micron Technology, Inc designs, develops, manufactures, and sells module and hardware products worldwide. The consort operates finished quaternary segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides module and hardware technologies comprising impulsive haphazard admittance module conductor devices with baritone interval that wage high-speed accumulation retrieval; non-volatile and re-writeable conductor hardware devices; and non-volatile re-writable conductor module devices that wage alacritous feature speeds low the Micron and Crucial brands, as substantially as finished clannish labels.

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