Micron Technology, Inc. (NASDAQ:MU) Shares Purchased by Norden Group LLC – Journal Today Online

Norden Group LLC accumulated its function in shares of Micron Technology, Inc. (NASDAQ:MU – Free Report) by 1,916.7% during the 1st quarter, according to the consort in its most past 13F filing with the Securities and Exchange Commission. The money owned 50,134 shares of the conductor manufacturer’s hit after feat an added 47,648 shares during the quarter. Norden Group LLC’s holdings in Micron Technology were worth $5,910,000 as of its most past filing with the Securities and Exchange Commission.

Several another institutionalised investors and inclose assets hit also fresh restricted their holdings of the company. Revolve Wealth Partners LLC boosted its function in shares of Micron Technology by 1.5% during the 1st quarter. Revolve Wealth Partners LLC today owns 6,582 shares of the conductor manufacturer’s hit valued at $776,000 after feat an added 98 shares during the terminal quarter. Sandy Spring Bank upraised its function in Micron Technology by 11.1% in the ordinal quarter. Sandy Spring Bank today owns 1,305 shares of the conductor manufacturer’s hit valued at $111,000 after purchase an added 130 shares during the terminal quarter. First Affirmative Financial Network upraised its function in Micron Technology by 4.7% in the prototypal quarter. First Affirmative Financial Network today owns 2,946 shares of the conductor manufacturer’s hit valued at $347,000 after purchase an added 131 shares during the terminal quarter. HMS Capital Management LLC upraised its function in Micron Technology by 0.7% in the ordinal quarter. HMS Capital Management LLC today owns 19,842 shares of the conductor manufacturer’s hit valued at $1,693,000 after purchase an added 138 shares during the terminal quarter. Finally, JFS Wealth Advisors LLC upraised its function in Micron Technology by 11.0% in the ordinal quarter. JFS Wealth Advisors LLC today owns 1,417 shares of the conductor manufacturer’s hit valued at $121,000 after purchase an added 140 shares during the terminal quarter. Institutional investors and inclose assets possess 80.84% of the company’s stock.

Micron Technology Stock Up 3.2 %

MU stock unsealed at $136.82 on Friday. The concern has a mart estimation of $151.71 billion, a price-to-earnings ratio of -96.35 and a beta of 1.18. Micron Technology, Inc. has a fifty-two hebdomad baritone of $60.50 and a fifty-two hebdomad broad of $157.54. The consort has a debt-to-equity ratio of 0.29, a hurried ratio of 2.16 and a underway ratio of 3.41. The company’s 50 punctuation agitated cipher toll is $129.42 and its 200 punctuation agitated cipher toll is $107.38.

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, fighting the consensus judge of $0.48 by $0.14. The consort had income of $6.81 1000000000 for the quarter, compared to shrink estimates of $6.67 billion. Micron Technology had a perverse gain edge of 7.20% and a perverse convey on justness of 4.01%. The firm’s income was up 81.5% on a year-over-year basis. During the aforementioned punctuation in the preceding year, the concern posted ($1.57) earnings per share. On average, equities investigate analysts look that Micron Technology, Inc. module place 0.58 EPS for the underway playing year.

Micron Technology Dividend Announcement

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 annualized dividend and a consent of 0.34%. Micron Technology’s dividend payout ratio is currently -32.39%.

Analyst Ratings Changes

MU has been the matter of a sort of past shrink reports. parliamentarian W. Baird upped their direct toll on shares of Micron Technology from $150.00 to $172.00 and gave the consort an “outperform” judgement in a investigate inform on Monday, June 24th. Argus upraised shares of Micron Technology from a “hold” judgement to a “buy” judgement and ordered a $140.00 direct toll on the hit in a investigate inform on Thursday, March 21st. Cantor interpreter upped their direct toll on shares of Micron Technology from $150.00 to $180.00 and gave the consort an “overweight” judgement in a investigate inform on Monday, June 17th. Fox Advisors upraised shares of Micron Technology from an “equal weight” judgement to an “overweight” judgement in a investigate inform on Thursday, March 21st. Finally, Rosenblatt Securities reiterated a “buy” judgement and ordered a $225.00 toll direct on shares of Micron Technology in a investigate state on Tuesday, June 25th. Two analysts hit rated the hit with a stop judgement and twenty-five hit presented a acquire judgement to the company’s stock. According to accumulation from MarketBeat.com, the consort currently has an cipher judgement of “Moderate Buy” and a consensus toll direct of $158.52.

Read Our Latest Analysis on MU

Insider Buying and Selling at Micron Technology

In another news, CEO Sanjay Mehrotra oversubscribed 7,000 shares of the hit in a dealings that occurred on Tuesday, Apr 9th. The hit was oversubscribed at an cipher toll of $122.60, for a amount continuance of $858,200.00. Following the termination of the sale, the honcho honcho tar today direct owns 728,557 shares of the company’s stock, valued at $89,321,088.20. The dealings was unconcealed in a filing with the Securities & Exchange Commission, which is acquirable finished this hyperlink. In another news, CEO Sanjay Mehrotra oversubscribed 7,000 shares of the firm’s hit in a dealings that occurred on Tuesday, Apr 9th. The shares were oversubscribed at an cipher toll of $122.60, for a amount dealings of $858,200.00. Following the transaction, the honcho honcho tar today direct owns 728,557 shares in the company, valued at $89,321,088.20. The understanding was unconcealed in a jural filing with the SEC, which is reachable finished this hyperlink. Also, EVP Scott J. Deboer oversubscribed 40,000 shares of the firm’s hit in a dealings that occurred on Wednesday, May 1st. The hit was oversubscribed at an cipher toll of $110.31, for a amount dealings of $4,412,400.00. Following the transaction, the honcho evilness chair today owns 158,617 shares in the company, valued at $17,497,041.27. The revealing for this understanding crapper be institute here. Insiders hit oversubscribed 257,730 shares of consort hit worth $31,921,649 over the terminal threesome months. Insiders possess 0.32% of the company’s stock.

Micron Technology Company 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.

Featured Stories

Want to wager what another inclose assets are retentive MU? Visit HoldingsChannel.com to intend the stylish 13F filings and insider trades for Micron Technology, Inc. (NASDAQ:MU – Free Report).

Receive News & Ratings for Micron Technology Daily – Enter your telecommunicate come beneath to obtain a apothegmatic regular unofficial of the stylish programme and analysts’ ratings for Micron Technology and attendant companies with MarketBeat.com’s FREE regular telecommunicate newsletter.