Micron Know-how, Inc. (NASDAQ:MU) Shares Bought by Norden Group LLC


Norden Group LLC elevated its place in shares of Micron Know-how, Inc. (NASDAQ:MU – Free Report) by 1,916.7% throughout the 1st quarter, in keeping with the corporate in its most up-to-date 13F submitting with the Securities and Alternate Fee. The fund owned 50,134 shares of the semiconductor producer’s inventory after buying a further 47,648 shares throughout the quarter. Norden Group LLC’s holdings in Micron Know-how had been value $5,910,000 as of its most up-to-date submitting with the Securities and Alternate Fee.

A number of different institutional traders and hedge funds have additionally not too long ago modified their holdings of the corporate. Revolve Wealth Companions LLC boosted its place in shares of Micron Know-how by 1.5% throughout the 1st quarter. Revolve Wealth Companions LLC now owns 6,582 shares of the semiconductor producer’s inventory valued at $776,000 after buying a further 98 shares over the last quarter. Sandy Spring Financial institution lifted its place in Micron Know-how by 11.1% within the fourth quarter. Sandy Spring Financial institution now owns 1,305 shares of the semiconductor producer’s inventory valued at $111,000 after shopping for a further 130 shares over the last quarter. First Affirmative Monetary Community lifted its place in Micron Know-how by 4.7% within the first quarter. First Affirmative Monetary Community now owns 2,946 shares of the semiconductor producer’s inventory valued at $347,000 after shopping for a further 131 shares over the last quarter. HMS Capital Administration LLC lifted its place in Micron Know-how by 0.7% within the fourth quarter. HMS Capital Administration LLC now owns 19,842 shares of the semiconductor producer’s inventory valued at $1,693,000 after shopping for a further 138 shares over the last quarter. Lastly, JFS Wealth Advisors LLC lifted its place in Micron Know-how by 11.0% within the fourth quarter. JFS Wealth Advisors LLC now owns 1,417 shares of the semiconductor producer’s inventory valued at $121,000 after shopping for a further 140 shares over the last quarter. Institutional traders and hedge funds personal 80.84% of the corporate’s inventory.

Micron Know-how Inventory Up 3.2 %

MU inventory opened at $136.82 on Friday. The agency has a market capitalization of $151.71 billion, a price-to-earnings ratio of -96.35 and a beta of 1.18. Micron Know-how, Inc. has a fifty-two week low of $60.50 and a fifty-two week excessive of $157.54. The corporate has a debt-to-equity ratio of 0.29, a fast ratio of two.16 and a present ratio of three.41. The corporate’s 50 day shifting common value is $129.42 and its 200 day shifting common value is $107.38.

Micron Know-how (NASDAQ:MU – Get Free Report) final introduced its quarterly earnings outcomes on Wednesday, June twenty sixth. The semiconductor producer reported $0.62 EPS for the quarter, beating the consensus estimate of $0.48 by $0.14. The corporate had income of $6.81 billion for the quarter, in comparison with analyst estimates of $6.67 billion. Micron Know-how had a detrimental web margin of seven.20% and a detrimental return on fairness of 4.01%. The agency’s income was up 81.5% on a year-over-year foundation. Throughout the identical interval within the prior 12 months, the agency posted ($1.57) earnings per share. On common, equities analysis analysts anticipate that Micron Know-how, Inc. will submit 0.58 EPS for the present fiscal 12 months.

Micron Know-how Dividend Announcement

The enterprise additionally not too long ago declared a quarterly dividend, which will likely be paid on Tuesday, July twenty third. Shareholders of file on Monday, July eighth will likely be paid a $0.115 dividend. The ex-dividend date is Monday, July eighth. This represents a $0.46 annualized dividend and a yield of 0.34%. Micron Know-how’s dividend payout ratio is at the moment -32.39%.

Analyst Scores Modifications

MU has been the subject of quite a lot of current analyst experiences. Robert W. Baird upped their goal value on shares of Micron Know-how from $150.00 to $172.00 and gave the corporate an “outperform” ranking in a analysis report on Monday, June twenty fourth. Argus raised shares of Micron Know-how from a “maintain” ranking to a “purchase” ranking and set a $140.00 goal value on the inventory in a analysis report on Thursday, March twenty first. Cantor Fitzgerald upped their goal value on shares of Micron Know-how from $150.00 to $180.00 and gave the corporate an “chubby” ranking in a analysis report on Monday, June seventeenth. Fox Advisors raised shares of Micron Know-how from an “equal weight” ranking to an “chubby” ranking in a analysis report on Thursday, March twenty first. Lastly, Rosenblatt Securities reiterated a “purchase” ranking and set a $225.00 value goal on shares of Micron Know-how in a analysis word on Tuesday, June twenty fifth. Two analysts have rated the inventory with a maintain ranking and twenty-five have given a purchase ranking to the corporate’s inventory. In response to knowledge from MarketBeat.com, the corporate at the moment has a mean ranking of “Average Purchase” and a consensus value goal of $158.52.

Learn Our Newest Evaluation on MU

Insider Shopping for and Promoting at Micron Know-how

In different information, CEO Sanjay Mehrotra bought 7,000 shares of the inventory in a transaction that occurred on Tuesday, April ninth. The inventory was bought at a mean value of $122.60, for a complete worth of $858,200.00. Following the completion of the sale, the chief government officer now immediately owns 728,557 shares of the corporate’s inventory, valued at $89,321,088.20. The transaction was disclosed in a submitting with the Securities & Alternate Fee, which is on the market by way of this hyperlink. In different information, CEO Sanjay Mehrotra bought 7,000 shares of the agency’s inventory in a transaction that occurred on Tuesday, April ninth. The shares had been bought at a mean value of $122.60, for a complete transaction of $858,200.00. Following the transaction, the chief government officer now immediately owns 728,557 shares within the firm, valued at $89,321,088.20. The sale was disclosed in a authorized submitting with the SEC, which is accessible by way of this hyperlink. Additionally, EVP Scott J. Deboer bought 40,000 shares of the agency’s inventory in a transaction that occurred on Wednesday, Might 1st. The inventory was bought at a mean value of $110.31, for a complete transaction of $4,412,400.00. Following the transaction, the manager vp now owns 158,617 shares within the firm, valued at $17,497,041.27. The disclosure for this sale will be discovered right here. Insiders have bought 257,730 shares of firm inventory value $31,921,649 over the past three months. Insiders personal 0.32% of the corporate’s inventory.

Micron Know-how Firm Profile

(Free Report)

Micron Know-how, Inc designs, develops, manufactures, and sells reminiscence and storage merchandise worldwide. The corporate operates by way of 4 segments: Compute and Networking Enterprise Unit, Cell Enterprise Unit, Embedded Enterprise Unit, and Storage Enterprise Unit. It offers reminiscence and storage applied sciences comprising dynamic random entry reminiscence semiconductor gadgets with low latency that present high-speed knowledge retrieval; non-volatile and re-writeable semiconductor storage gadgets; and non-volatile re-writable semiconductor reminiscence gadgets that present quick learn speeds beneath the Micron and Essential manufacturers, in addition to by way of non-public labels.

Featured Tales

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Institutional Ownership by Quarter for Micron Technology (NASDAQ:MU)



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