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Reflections on the Current State of Micron Technology, Inc. (MU)

07 December 2017

Over the last ninety days, insiders have sold 305,088 shares of company stock valued at $11,728,398. NN Investment Partners Holdings N.V. now owns 18,718 shares of the semiconductor manufacturer's stock valued at $559,000 after buying an additional 12,275 shares in the last quarter.

The company's diluted EPS for trailing twelve months was 4.33. The stock decreased 1.66% or $1.04 during the last trading session, reaching $61.52. Now we look at the Moving Averages, the 200-day is 26.25%, the 50-day is -3.12% and the 20-day is -9.28%. It is down 0.00% since December 5, 2016 and is. It has underperformed by 58.40% the S&P500. The institutional investor held 125,762 shares of the technology company at the end of 2017Q2, valued at $3.76M, down from 183,804 at the end of the previous reported quarter.

A total of 56.47 Billion shares exchanged at hands and its average trading volume is standing at 37.21 Million shares. The stock increased 4.52% or $1.805 during the last trading session, reaching $41.705. About 10.60 million shares traded. Micron Technology, Inc. (NASDAQ:MU) has risen 176.27% since December 6, 2016 and is uptrending. It has outperformed by 159.57% the S&P500.

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Avalon Global Asset Management Llc, which manages about $132.23 million and $179.11M US Long portfolio, upped its stake in Palo Alto Networks Inc (NYSE:PANW) by 35,310 shares to 60,310 shares, valued at $8.07 million in 2017Q2, according to the filing. Paradigm Financial Advsr Limited Liability Corp has invested 0.18% in Micron Technology, Inc.

MU has been the topic of a number of recent research reports. The semiconductor manufacturer reported $0.90 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.84 by $0.06. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 77,260 shares of the semiconductor manufacturer's stock worth $2,307,000 after acquiring an additional 367 shares during the period. After $1.99 actual earnings per share reported by Micron Technology, Inc. for the previous quarter, Wall Street now forecasts 6.53 % EPS growth. Norges Bank bought a new stake in shares of Micron Technology during the fourth quarter worth approximately $217,749,000.

Millie Capital Management LLC decreased its holdings in shares of Micron Technology, Inc. (NASDAQ:MU) were released by: and their article: "Whoa, Micron: A Technical Analysis" published on December 04, 2017 as well as's news article titled: "Micron Technology: "This Is Not The End" with publication date: December 01, 2017. Fifth Third Bancshares has invested 0% in Micron Technology, Inc. (NASDAQ:MU) were released by: and their article: "Don't Get Greedy With Micron Technology, Inc". Micron Technology, Inc.'s beta is 1.77 whilst the stock has an average true range (ATR) of 1.86. Micron Technology Inc. had 193 analyst reports since July 29, 2015 according to SRatingsIntel. (NASDAQ:MU). Ameritas Prns invested in 0.06% or 43,675 shares. Therefore 83% are positive.

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Among 42 analysts covering Micron Technology Inc. UBS maintained Micron Technology, Inc. The stock has "Buy" rating by Topeka Capital Markets on Wednesday, December 23. The company was maintained on Thursday, July 13 by Drexel Hamilton. The firm earned "Neutral" rating on Friday, October 2 by Wedbush. Also, EVP Scott J. Deboer sold 29,500 shares of Micron Technology stock in a transaction dated Friday, September 15th. (NASDAQ:MU), 35 have Buy rating, 0 Sell and 7 Hold. Nomura maintained the shares of MU in report on Thursday, August 25 with "Buy" rating. A stock that maintains a relatively stable price has low volatility. (NASDAQ:MU) has "Outperform" rating given on Wednesday, December 23 by Raymond James. Micron Technology Inc now has $48.10 billion valuation. The rating was maintained by Mizuho on Tuesday, January 19 with "Neutral". BMO Capital Markets maintained it with "Hold" rating and $43.0 target in Monday, November 13 report.

Investors sentiment increased to 1.08 in 2017 Q2. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.75 and a current ratio of 2.34. Over the last 12 months, MU's free cash flow per share is a positive 9.25. 85 funds opened positions while 218 raised stakes. The company shares sank -91.11% from their peak of $1.53 and now has a $14.73 million market value of equity. Cetera Advsrs Limited Liability Co has invested 0.05% in Micron Technology, Inc. (NASDAQ:MU) Performing Well? Price T Rowe Associates Md holds 0.02% or 4.42 million shares in its portfolio. Also, Micron Technology, Inc. State Of Tennessee Treasury Department holds 0.36% of its portfolio in Micron Technology, Inc. (NASDAQ:MU). Farmers And Merchants owns 237 shares. 44,382 were reported by Sumitomo Life Insurance. Cwm reported 0% stake. Tcw Group Inc accumulated 0.71% or 2.88 million shares. Fic stated it has 0.12% in Micron Technology, Inc.

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