HB Wealth Administration LLC purchased a brand new place in Micron Know-how, Inc. (NASDAQ:MU – Get Score) within the fourth quarter, in response to the corporate in its newest submitting with the Securities and Trade Fee. The institutional investor purchased 7,648 shares of the semiconductor maker, price about $382,000.
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Various different institutional buyers additionally purchased and offered shares in MU. Washington Belief Advisors Inc. elevated its place in Micron Know-how inventory by 59.2% in the course of the third quarter. Washington Belief Advisors Inc. now owns 551 shares of the semiconductor maker price $28,000 after shopping for one other 205 shares within the current quarter. Monetary Administration Professionals Inc. elevated its holding in Micron Know-how inventory by 44.7% in the course of the third quarter. Monetary Administration Professionals Inc. now owns 689 shares of the semiconductor maker price $35,000 after shopping for one other 213 shares within the current quarter. Sound Revenue Methods LLC elevated its place in Micron Know-how inventory by 207.0% in the course of the third quarter. Sound Revenue Methods LLC now owns 706 shares of the semiconductor maker price $35,000 after shopping for one other 476 shares within the current quarter. FinTrust Capital Advisors LLC elevated its place in Micron Know-how inventory by 58.0% in the course of the third quarter. FinTrust Capital Advisors LLC now owns 790 shares of the semiconductor maker price $42,000 after shopping for one other 290 shares within the current quarter. Lastly, GHP Funding Advisors Inc. bought a brand new place in Micron Know-how within the third quarter for about $40,000. Hedge funds and different institutional buyers personal 78.02% of the corporate’s shares.
Inner exercise
In different information, SVP Robert P. Beard offered 3,000 shares of the corporate in a deal on Monday, Jan. 23. The shares offered at a mean worth of $61.25, for a complete transaction of $183,750.00. Because of the sale, the senior vp now straight owns 42,840 shares of the corporate, valued at $2,623,950. The sale was disclosed in a submitting with the Securities & Trade Fee, obtainable through this hyperlink. In associated information, SVP Robert P. Beard offered 3,000 shares of the corporate in a deal dated Monday, Jan. 23. The shares offered at a mean worth of $61.25, for a complete transaction of $183,750.00. Following the completion of the transaction, the senior vp now owns 42,840 shares of the corporate, valued at roughly $2,623,950. The transaction was disclosed in a authorized submitting with the SEC, which could be accessed by way of the SEC’s web site. Moreover, SVP April S. Arnzen offered 24,000 shares of the corporate in a transaction dated Monday, Jan. 30. The inventory offered at a mean worth of $61.91, for a complete transaction of $1,485,840.00. Because of the transaction, the senior vp now owns 118,885 shares of the corporate, valued at roughly $7,360,170.35. Disclosure for this sale is offered right here. Insiders have offered 87,000 shares of the corporate price $5,182,190 prior to now ninety days. 0.33% of the shares are presently owned by insiders.
Micron Know-how Worth Efficiency
NASDAQ MU opened at $60.34 on Friday. The corporate’s fifty-day easy shifting common is $59.24, and its two hundred-day easy shifting common is $56.07. The corporate has a present ratio of 4.17, a fast ratio of two.23, and a debt-to-equity ratio of 0.25. Micron Know-how, Inc. has a 12-month low of $48.43 and a 12-month excessive of $86.24. The corporate has a market cap of $65.84 billion, a P/E ratio of 43.41, and a beta of 1.39.
Micron Know-how (NASDAQ:MU – Get Score) final launched its quarterly earnings outcomes on Tuesday, March 28. The semiconductor maker reported ($1.91) earnings per share (EPS) for the quarter, lacking the ($0.75) consensus estimate of ($1.16). Micron Know-how reported a return on fairness of three.98% and a internet margin of 6.99%. The corporate reported income of $3.69 billion in the course of the quarter, in comparison with analyst expectations of $3.71 billion. In the identical interval a 12 months earlier, the corporate reported earnings per share of $2.05. Micron Know-how’s income for the quarter decreased 52.6% in comparison with the identical quarter final 12 months. Analysts count on Micron Know-how, Inc. to submit -3.01 EPS for the present fiscal 12 months.
Micron Know-how dividend announcement
The corporate additionally just lately declared a quarterly dividend, which will likely be paid on Tuesday, April 25. Shareholders of report on Monday, April 10 will obtain a $0.115 dividend. This represents an annualized dividend of $0.46 and a yield of 0.76%. The ex-dividend date is Thursday 6 April. Micron Know-how’s dividend payout ratio is presently 33.09%.
Analysts set new worth targets
MU has been the topic of a number of current analysis stories. Rosenblatt Securities reiterated a “purchase” ranking and issued a $100.00 worth goal on shares of Micron Know-how in a analysis report Wednesday. BMO Capital Markets reiterated an “outperform” ranking and issued a $67.00 worth goal on Micron Know-how shares in a analysis report on Monday, March 27. Mizuho upgraded Micron Know-how from a “impartial” ranking to a “purchase” ranking and raised the worth goal for the inventory from $48.00 to $72.00 in a analysis report on Friday, February 10. Cowen lowered the worth goal on Micron Know-how from $70.00 to $66.00 and set an “outperform” valuation for the corporate in a analysis report on Thursday, December 22. Lastly, on Thursday, December 22, Morgan Stanley decreased its worth goal on Micron Know-how inventory from $49.00 to $46.00 and set an “underweight” ranking for the corporate in a analysis observe. Three analysis analysts have rated the inventory with a promote ranking, 5 have issued a maintain ranking, and twenty-three have issued a purchase ranking to the corporate. In response to information from MarketBeat, the corporate presently has a consensus ranking of “Reasonable Purchase” and a consensus worth goal of $68.50.
Micron know-how profile
(Get Score)
Micron Know-how, Inc is dedicated to offering progressive reminiscence and storage options. It operates by way of the next segments: Compute & Networking Enterprise Unit (CNBU), Cell Enterprise Unit (MBU), Storage Enterprise Unit (SBU) and Embedded Enterprise Unit (EBU). The CNBU phase contains reminiscence merchandise offered within the cloud, enterprise, shopper, graphics and networking server markets.
Advisable Tales
Wish to see which different hedge funds maintain MU? Go to HoldingsChannel.com to get the newest 13F filings and insider buying and selling for Micron Know-how, Inc. (NASDAQ: MU – Get Valuation).
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