Mount Yale Funding Advisors LLC trimmed its place in Micron Know-how, Inc. (NASDAQ:MU – Free Report) by 1.3% in the course of the third quarter, in accordance with the corporate in its most up-to-date Kind 13F submitting with the Securities & Change Fee. The agency owned 15,102 shares of the semiconductor producer’s inventory after promoting 192 shares in the course of the quarter. Mount Yale Funding Advisors LLC’s holdings in Micron Know-how have been value $1,566,000 as of its most up-to-date submitting with the Securities & Change Fee.
Quite a lot of different massive buyers have additionally added to or lowered their stakes within the firm. Hobbs Group Advisors LLC bought a brand new place in shares of Micron Know-how in the course of the second quarter valued at roughly $28,000. DecisionPoint Monetary LLC purchased a brand new place in Micron Know-how within the 1st quarter value $25,000. Valued Wealth Advisors LLC lifted its place in shares of Micron Know-how by 230.7% within the 1st quarter. Valued Wealth Advisors LLC now owns 248 shares of the semiconductor producer’s inventory value $29,000 after buying a further 173 shares in the course of the interval. Richard W. Paul & Associates LLC elevated its place in shares of Micron Know-how by 128.6% in the course of the second quarter. Richard W. Paul & Associates LLC now owns 256 shares of the semiconductor producer’s inventory valued at $34,000 after shopping for a further 144 shares in the course of the interval. Lastly, LRI Investments LLC raised its stake in Micron Know-how by 57.2% within the second quarter. LRI Investments LLC now owns 272 shares of the semiconductor producer’s inventory value $36,000 after shopping for a further 99 shares within the final quarter. Institutional buyers personal 80.84% of the corporate’s inventory.
Micron Know-how Value Efficiency
NASDAQ MU opened at $107.91 on Friday. The corporate has a 50-day transferring common value of $99.23 and a 200-day transferring common value of $114.05. Micron Know-how, Inc. has a 52 week low of $63.88 and a 52 week excessive of $157.54. The corporate has a fast ratio of 1.68, a present ratio of two.64 and a debt-to-equity ratio of 0.29. The agency has a market capitalization of $119.66 billion, a P/E ratio of -75.99 and a beta of 1.18.
Micron Know-how (NASDAQ:MU – Get Free Report) final introduced its earnings outcomes on Wednesday, September twenty fifth. The semiconductor producer reported $1.18 EPS for the quarter, beating analysts’ consensus estimates of $0.97 by $0.21. The enterprise had income of $7.75 billion in the course of the quarter, in comparison with analysts’ expectations of $7.65 billion. Micron Know-how had a web margin of three.10% and a return on fairness of 1.58%. The agency’s income was up 93.3% on a year-over-year foundation. Throughout the identical interval within the prior yr, the corporate earned ($1.21) earnings per share. Equities analysis analysts anticipate that Micron Know-how, Inc. will submit 8.31 earnings per share for the present yr.
Micron Know-how Dividend Announcement
The enterprise additionally just lately declared a quarterly dividend, which was paid on Wednesday, October twenty third. Shareholders of report on Monday, October seventh have been issued a dividend of $0.115 per share. This represents a $0.46 annualized dividend and a yield of 0.43%. The ex-dividend date was Monday, October seventh. Micron Know-how’s dividend payout ratio is presently -32.39%.
Wall Avenue Analysts Forecast Development
Quite a lot of analysis analysts have weighed in on the corporate. Needham & Firm LLC reiterated a “purchase” score and set a $140.00 goal value on shares of Micron Know-how in a report on Thursday, September twenty sixth. Rosenblatt Securities elevated their value goal on Micron Know-how from $225.00 to $250.00 and gave the inventory a “purchase” score in a report on Thursday, September twenty sixth. Susquehanna dropped their goal value on shares of Micron Know-how from $175.00 to $165.00 and set a “optimistic” score on the inventory in a report on Thursday, September twenty sixth. Robert W. Baird decreased their value goal on shares of Micron Know-how from $172.00 to $150.00 and set an “outperform” score for the corporate in a analysis observe on Friday, September twenty seventh. Lastly, Wedbush reissued an “outperform” score and set a $140.00 value goal on shares of Micron Know-how in a analysis observe on Thursday, September twenty sixth. One analyst has rated the inventory with a promote score, two have given a maintain score and twenty-five have given a purchase score to the corporate. In line with knowledge from MarketBeat.com, the corporate presently has a median score of “Reasonable Purchase” and a median value goal of $142.85.
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Insiders Place Their Bets
In different Micron Know-how information, EVP April S. Arnzen bought 4,890 shares of the agency’s inventory in a transaction that occurred on Thursday, September twenty sixth. The shares have been bought at a median value of $113.00, for a complete transaction of $552,570.00. Following the sale, the manager vice chairman now owns 135,830 shares within the firm, valued at roughly $15,348,790. This commerce represents a 0.00 % lower of their place. The transaction was disclosed in a authorized submitting with the Securities & Change Fee, which is accessible via the SEC web site. Firm insiders personal 0.32% of the corporate’s inventory.
Micron Know-how Profile
Micron Know-how, Inc designs, develops, manufactures, and sells reminiscence and storage merchandise worldwide. The corporate operates via 4 segments: Compute and Networking Enterprise Unit, Cell Enterprise Unit, Embedded Enterprise Unit, and Storage Enterprise Unit. It gives reminiscence and storage applied sciences comprising dynamic random entry reminiscence semiconductor units with low latency that present high-speed knowledge retrieval; non-volatile and re-writeable semiconductor storage units; and non-volatile re-writable semiconductor reminiscence units that present quick learn speeds below the Micron and Essential manufacturers, in addition to via non-public labels.
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