As Micron Technology (MU) Stock Price Rose, Holder Tegean Capital Management Decreased by $1.30 Million Its Holding; As Irsa Inversiones Y Rep S A (IRS) Stock Declined, Vr Advisory Services LTD Raised Stake

June 23, 2018 - By Maria Brooks

Micron Technology, Inc. (NASDAQ:MU) Logo

Thomas G. Maheras decreased its stake in Micron Technology Inc (MU) by 10% based on its latest 2018Q1 regulatory filing with the SEC. Tegean Capital Management Llc sold 25,000 shares as the company’s stock rose 27.87% while stock markets declined. The hedge fund run by Thomas G. Maheras held 225,000 shares of the technology company at the end of 2018Q1, valued at $11.73 million, down from 250,000 at the end of the previous reported quarter. Tegean Capital Management Llc who had been investing in Micron Technology Inc for a number of months, seems to be less bullish one the $66.22B market cap company. The stock decreased 3.94% or $2.34 during the last trading session, reaching $57.1. About 58.53M shares traded or 9.85% up from the average. Micron Technology, Inc. (NASDAQ:MU) has risen 108.46% since June 23, 2017 and is uptrending. It has outperformed by 95.89% the S&P500. Some Historical MU News: 12/03/2018 – MICRON: TALLURI SVP & GENERAL MANAGER OF MOBILE BUSINESS UNIT; 07/03/2018 – Micron Waste Accelerates Development of Cannabis Waste Digester — CFN Media; 02/04/2018 – After-hours buzz: NKE, MU, & more; 22/05/2018 – Cramer also hears from the CEOs of Rent the Runway, Union Pacific and Micron; 11/04/2018 – S&P Raises Corporate Credit Rating on Micron Technology to ‘BB+’ From ‘BB’; 21/05/2018 – Moody’s Upgrades Micron Technology’s Cfr to Ba1 From Ba2; 21/05/2018 – Micron CFO: Ten Billion Dollars! Remember That! — Barron’s Blog; 11/05/2018 – HOSOKAWA MICRON 6277.T 6-MTH GROUP RECURRING PROFIT 3.12 BLN YEN (+35.5 %), 2017/18 FORECAST PROFIT 5.30 BLN YEN (+1.5 %); 16/03/2018 – Micron: Buying Calls One Way to Play M&A, Says JP Morgan — Barron’s Blog; 11/04/2018 – S&P REVISES MICRON TECHNOLOGY INC. TO RATING ‘BB+’ FROM ‘BB’

Vr Advisory Services Ltd increased its stake in Irsa Inversiones Y Rep S A (IRS) by 8.01% based on its latest 2018Q1 regulatory filing with the SEC. Vr Advisory Services Ltd bought 121,383 shares as the company’s stock declined 26.68% with the market. The institutional investor held 1.64 million shares of the homebuilding company at the end of 2018Q1, valued at $38.71M, up from 1.52 million at the end of the previous reported quarter. Vr Advisory Services Ltd who had been investing in Irsa Inversiones Y Rep S A for a number of months, seems to be bullish on the $1.22B market cap company. The stock decreased 1.34% or $0.26 during the last trading session, reaching $19.12. About 87,311 shares traded or 6.47% up from the average. IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS) has declined 17.35% since June 23, 2017 and is downtrending. It has underperformed by 29.92% the S&P500. Some Historical IRS News: 12/03/2018 Research Report Identifies Essent Group, BanColombia S.A, Aegon NV, Delphi Technologies, IRSA Inversiones Y Representaciones S; 10/05/2018 – IRSA 9M NET INCOME ARS11.29B; 15/05/2018 – Capital TV: #BREAKING: The water shortage in the country rises from 31% to 42%, reveals Irsa advisory committee during its meet

Tegean Capital Management Llc, which manages about $366.79 million and $186.74 million US Long portfolio, upped its stake in Tcf Finl Corp (NYSE:TCB) by 96,600 shares to 125,000 shares, valued at $2.85 million in 2018Q1, according to the filing. It also increased its holding in Keycorp New (NYSE:KEY) by 25,000 shares in the quarter, for a total of 600,000 shares, and has risen its stake in Cm Fin Inc (NASDAQ:CMFN).

More notable recent Micron Technology, Inc. (NASDAQ:MU) news were published by: Seekingalpha.com which released: “How I Use Sentiment Ahead Of Earnings” on June 22, 2018, also Seekingalpha.com with their article: “Micron: Pop Or Drop After Earnings?” published on June 19, 2018, Seekingalpha.com published: “JP Morgan: Buy Micron ahead of earnings on cloud computing potential” on June 18, 2018. More interesting news about Micron Technology, Inc. (NASDAQ:MU) were released by: Seekingalpha.com and their article: “Micron Q3 ER: Will This Time Be Different?” published on June 19, 2018 as well as Marketwatch.com‘s news article titled: “Micron stock rises after Benchmark starts coverage with buy rating” with publication date: June 22, 2018.

Since January 2, 2018, it had 0 buys, and 15 insider sales for $9.36 million activity. The insider Mondry Lawrence N sold $2.17M. 25,000 shares valued at $1.26 million were sold by JOHNSON MERCEDES on Monday, April 2. Deboer Scott J sold $638,380 worth of stock or 14,750 shares. Shares for $665,058 were sold by Byrne Patrick J. $53,487 worth of Micron Technology, Inc. (NASDAQ:MU) was sold by ARNZEN APRIL S. Shares for $1.36M were sold by Thorsen Steven L. JR.

Among 45 analysts covering Micron Technology Inc. (NASDAQ:MU), 35 have Buy rating, 1 Sell and 9 Hold. Therefore 78% are positive. Micron Technology Inc. has $108 highest and $8 lowest target. $55.93’s average target is -2.05% below currents $57.1 stock price. Micron Technology Inc. had 263 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was maintained by Susquehanna on Monday, June 18 with “Buy”. The firm earned “Buy” rating on Tuesday, May 22 by Deutsche Bank. Wells Fargo maintained it with “Buy” rating and $4000 target in Monday, June 26 report. The rating was maintained by Robert W. Baird on Wednesday, September 27 with “Buy”. The stock has “Buy” rating by Loop Capital Markets on Thursday, June 15. The rating was maintained by Mizuho with “Neutral” on Friday, October 9. The company was maintained on Tuesday, February 6 by Morgan Stanley. The stock of Micron Technology, Inc. (NASDAQ:MU) earned “Strong Buy” rating by Raymond James on Friday, April 15. As per Wednesday, May 24, the company rating was downgraded by Standpoint Research. The rating was maintained by Needham with “Buy” on Thursday, June 21.

Investors sentiment decreased to 1.13 in 2018 Q1. Its down 0.11, from 1.24 in 2017Q4. It dived, as 52 investors sold MU shares while 282 reduced holdings. 138 funds opened positions while 241 raised stakes. 846.69 million shares or 4.13% less from 883.15 million shares in 2017Q4 were reported. Bluefin Trading Ltd Liability Corp invested in 424,114 shares. Moreover, Rampart Invest Com Limited Liability Corporation has 0.17% invested in Micron Technology, Inc. (NASDAQ:MU). Deltec Asset Ltd Llc holds 0.14% in Micron Technology, Inc. (NASDAQ:MU) or 13,200 shares. Suntrust Banks holds 0.01% or 26,889 shares. Weiss Multi reported 0.39% of its portfolio in Micron Technology, Inc. (NASDAQ:MU). Bridgewater Assocs Lp stated it has 0.14% of its portfolio in Micron Technology, Inc. (NASDAQ:MU). Coastline Trust invested 0.16% in Micron Technology, Inc. (NASDAQ:MU). Riverhead Cap Mgmt Ltd Com has 156,829 shares for 0.34% of their portfolio. Metropolitan Life Insurance Com New York has 0% invested in Micron Technology, Inc. (NASDAQ:MU) for 212,872 shares. Caisse De Depot Et Placement Du Quebec has 106,415 shares. 9.26M are owned by Susquehanna Int Llp. Ativo Capital Management Ltd Liability Com accumulated 34,900 shares or 0.52% of the stock. Monroe Natl Bank & Mi reported 300 shares. National Asset holds 0.19% or 26,228 shares in its portfolio. Churchill Mgmt reported 0.15% of its portfolio in Micron Technology, Inc. (NASDAQ:MU).

Among 2 analysts covering IRSA Inversiones (NYSE:IRS), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. IRSA Inversiones had 5 analyst reports since August 11, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Thursday, February 8 by Morgan Stanley. The stock of IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS) earned “Equal-Weight” rating by Morgan Stanley on Thursday, July 21. Morgan Stanley downgraded it to “Overweight” rating and $19 target in Tuesday, August 11 report. The stock of IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS) earned “Overweight” rating by Morgan Stanley on Wednesday, November 23. The rating was upgraded by Zacks to “Hold” on Monday, September 7.

Vr Advisory Services Ltd, which manages about $2.52B and $190.44M US Long portfolio, decreased its stake in Cresud S A C I F Y A (NASDAQ:CRESY) by 117,983 shares to 473,312 shares, valued at $9.54 million in 2018Q1, according to the filing.

More recent IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS) news were published by: Globenewswire.com which released: “Analysis: Positioning to Benefit within Vector Group, The Goldman Sachs Group, LivaNova, IRSA Inversiones Y …” on June 15, 2018. Also Nasdaq.com published the news titled: “Mid-Day Market Update: Dow Down Over 150 Points; CASI Pharmaceuticals Shares Spike Higher” on June 21, 2018. Gurufocus.com‘s news article titled: “Cheap Stocks in a Cheap Sector” with publication date: June 13, 2018 was also an interesting one.

Micron Technology, Inc. (NASDAQ:MU) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: