Shareholder Focused Wealth Management Lifted Micron Technology (MU) Stake; Credit Agricole S A Holds Holding in Emergent Biosolutions (EBS)

April 19, 2018 - By Lawrence Diaz

Micron Technology, Inc. (NASDAQ:MU) Logo

Credit Agricole S A increased its stake in Emergent Biosolutions Inc (EBS) by 38.46% based on its latest 2017Q4 regulatory filing with the SEC. Credit Agricole S A bought 10,000 shares as the company’s stock rose 14.08% while stock markets declined. The institutional investor held 36,000 shares of the health care company at the end of 2017Q4, valued at $1.67M, up from 26,000 at the end of the previous reported quarter. Credit Agricole S A who had been investing in Emergent Biosolutions Inc for a number of months, seems to be bullish on the $2.70B market cap company. The stock decreased 1.56% or $0.86 during the last trading session, reaching $54.22. About 126,387 shares traded. Emergent BioSolutions Inc. (NYSE:EBS) has risen 82.65% since April 19, 2017 and is uptrending. It has outperformed by 71.10% the S&P500.

Focused Wealth Management Inc increased its stake in Micron Technology Inc (MU) by 1650% based on its latest 2017Q4 regulatory filing with the SEC. Focused Wealth Management Inc bought 9,900 shares as the company’s stock rose 18.77% while stock markets declined. The institutional investor held 10,500 shares of the technology company at the end of 2017Q4, valued at $432,000, up from 600 at the end of the previous reported quarter. Focused Wealth Management Inc who had been investing in Micron Technology Inc for a number of months, seems to be bullish on the $59.78B market cap company. The stock decreased 4.56% or $2.465 during the last trading session, reaching $51.545. About 46.84M shares traded. Micron Technology, Inc. (NASDAQ:MU) has risen 82.20% since April 19, 2017 and is uptrending. It has outperformed by 70.65% the S&P500.

Focused Wealth Management Inc, which manages about $364.20 million and $311.86 million US Long portfolio, decreased its stake in Vanguard World Fds (VGT) by 9,140 shares to 78,627 shares, valued at $12.95 million in 2017Q4, according to the filing. It also reduced its holding in Ishares Tr (TIP) by 43,154 shares in the quarter, leaving it with 8,694 shares, and cut its stake in Johnson & Johnson (NYSE:JNJ).

Among 42 analysts covering Micron Technology Inc. (NASDAQ:MU), 34 have Buy rating, 1 Sell and 7 Hold. Therefore 81% are positive. Micron Technology Inc. had 238 analyst reports since July 29, 2015 according to SRatingsIntel. The stock of Micron Technology, Inc. (NASDAQ:MU) has “Hold” rating given on Friday, August 7 by Drexel Hamilton. Susquehanna upgraded the shares of MU in report on Thursday, June 23 to “Positive” rating. Cowen & Co maintained Micron Technology, Inc. (NASDAQ:MU) rating on Tuesday, October 31. Cowen & Co has “Buy” rating and $50.0 target. The stock of Micron Technology, Inc. (NASDAQ:MU) earned “Buy” rating by Bank of America on Thursday, February 9. As per Wednesday, October 5, the company rating was maintained by Mizuho. The rating was downgraded by Needham on Tuesday, March 29 to “Underperform”. Mizuho maintained the stock with “Buy” rating in Tuesday, February 6 report. The stock of Micron Technology, Inc. (NASDAQ:MU) has “Sector Weight” rating given on Tuesday, April 19 by Pacific Crest. The firm has “Buy” rating by Stifel Nicolaus given on Monday, June 26. The firm has “Buy” rating by UBS given on Friday, September 9.

Since October 19, 2017, it had 0 buys, and 10 selling transactions for $5.48 million activity. 3,000 shares valued at $144,003 were sold by BAILEY ROBERT L on Thursday, March 1. $2.17M worth of Micron Technology, Inc. (NASDAQ:MU) shares were sold by Mondry Lawrence N. 30,000 shares valued at $1.26M were sold by Deboer Scott J on Thursday, October 19. ARNZEN APRIL S sold $53,487 worth of stock.

Investors sentiment decreased to 1.24 in Q4 2017. Its down 0.13, from 1.37 in 2017Q3. It dived, as 49 investors sold MU shares while 245 reduced holdings. 126 funds opened positions while 239 raised stakes. 883.15 million shares or 0.40% less from 886.67 million shares in 2017Q3 were reported. Ruggie Capital Group Incorporated stated it has 0% of its portfolio in Micron Technology, Inc. (NASDAQ:MU). 165,835 are held by Victory Capital Management. 255,880 were reported by Pnc Group Inc. Bluemountain Capital Management Ltd Liability stated it has 82,072 shares or 0.07% of all its holdings. 135,299 are owned by Lpl Fin Ltd Co. Cetera Advisor Network Limited Liability Corp invested 0.03% in Micron Technology, Inc. (NASDAQ:MU). Emerald Advisers Pa has 0.06% invested in Micron Technology, Inc. (NASDAQ:MU) for 37,560 shares. Commerzbank Aktiengesellschaft Fi accumulated 0.38% or 741,774 shares. Jane Street Gp Ltd Com reported 0.16% stake. Perritt owns 11,850 shares. Credit Agricole S A owns 2,465 shares or 0.01% of their US portfolio. 7,388 are held by First Personal Services. 19,217 are owned by Verition Fund Management Limited. Valley Natl Advisers has 0.01% invested in Micron Technology, Inc. (NASDAQ:MU) for 540 shares. Dsam Partners (London) Ltd reported 115,183 shares or 0.8% of all its holdings.

Credit Agricole S A, which manages about $1.49B US Long portfolio, decreased its stake in Halyard Health Inc by 24,000 shares to 18,000 shares, valued at $832,000 in 2017Q4, according to the filing. It also reduced its holding in Campbell Soup Co (NYSE:CPB) by 247,439 shares in the quarter, leaving it with 17,332 shares, and cut its stake in Service Corp Intl (NYSE:SCI).

Since December 12, 2017, it had 0 insider buys, and 6 insider sales for $3.83 million activity. Another trade for 1,898 shares valued at $93,951 was sold by Havey Adam. $1.07 million worth of Emergent BioSolutions Inc. (NYSE:EBS) was sold by Richard Ronald on Tuesday, December 12. 20,000 Emergent BioSolutions Inc. (NYSE:EBS) shares with value of $919,800 were sold by Abdun-Nabi Daniel.

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

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