Ivory Investment Management LP increased the participation of Micron Technology INC (MU) by $ 42.20 million – tech2.org

Ivory Investment Management LP increased the participation of Micron Technology INC (MU) by $ 42.20 million


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Market News


December 4, 2017 – By Linda Rogers

Investor confidence increased to 1.08 in the second quarter of 2017. It rose 0.03, from 1.05 in 2017Q1. It increased, as 63 investors sold UM shares, while 217 reduced their holdings. 85 funds opened positions while 218 increased positions. 832.79 million shares were reported or 1.90% less than 848.93 million shares in 2017Q1. Steelhead Prtn Ltd Limited Liability Company invested in 179,470 shares or 0.48% of the shares. Amica Mutual reported 81,550 shares. Bp Public Limited owns 245,000 shares or 0.27% of its portfolio. Strs Ohio reported 0.32% participation. Emerald Advisers Pa reported 35,504 shares. First Republic Inv Mgmt reported 10,631 shares. Natixis reported 1.67 million shares or 0.57% of all its holdings. Qvt Ltd Partnership reported 79,600 shares. The Deferred Compensation Plan for State Employees of Nj accumulated 0.17% or 30,000 shares. Goodwin Daniel L reported 0% participation. Meeder Asset Management accumulated 30,067 shares or 0.09% of the shares. 349,725 were reported by Raymond James Financial. Laurion Mgmt Ltd Partnership has a 0.04% stake in Micron Technology, Inc. (NASDAQ: MU). Consolidated Inv Grp Inc Lc reported 183,909 shares. Barclays Public Limited Company owns 0.09% invested in Micron Technology, Inc. (NASDAQ: MU) for 2.92 million shares.

Curtis Macnguyen increased its stake in Micron Technology Inc. (MU) by 62.32% based on its last regulatory filing of 2017Q2 with the second. Ivory Investment Management Lp bought 1.46 million shares as the company's shares rose 19.14% with the market. The hedge fund managed by Curtis Macnguyen had 3.79 million shares of the technology company at the end of 2017Q2, valued at $ 113.17 million, above the 2.33 million at the end of the quarter previously reported. Ivory Investment Management Lp, which had been investing in Micron Technology Inc for several months, seems to be optimistic regarding the market capitalization company of $ 47.23B. The share declined by 2.46% or $ 1,035 during the last trading session, reaching $ 40,955. Approximately 50.81M of shares traded or 38.71% more than the average. Micron Technology, Inc. (NASDAQ: MU) has risen 176.27% since December 4, 2016 and is trending upward. It has exceeded the S & P500 by 159.57%.

Ivory Investment Management Lp, which manages about $ 3,620 million and the portfolio of US $ 2.68 billion in the US, decreased its stake in Newell Brands Inc (NYSE: NWL) by 433,010 shares to 835,055 shares, valued at $ 44.78M in 2017Q2, according to the presentation. It also reduced its stake in Fireeye Inc (NASDAQ: FEYE) by 1.24 million shares in the quarter, leaving it with 3.16 million shares, and reduced its stake in Mellanox Technologies Ltd (NASDAQ: MLNX).

Most notable recent news from Micron Technology, Inc. (NASDAQ: MU) were published by: Investorplace.com, which launched: "Micron Technology, Inc. Stock is a tempting purchase again" on December 4, 2017, Also Seekingalpha.com with his article: "When will Micron Technology announce New Fab Construction?", published on November 7, 2017, Seekingalpha.com published: "Micron Technology: & # 39; This Is Not The End & # 39;" , December 1, 2017. More interesting news about Micron Technology, Inc. (NASDAQ: MU) were released by: Seekingalpha.com and its article: "Whoa, Micron: A Technical Analysis" published on December 4, 2017, as well as the Investorplace.com news article titled: "Micron Technology, Inc. Stock: Why Maximum Revenue Should not Scare You" with publication date: November 21, 2017.

Micron Technology, Inc. (NASDAQ : MU) Rating coverage

Among the 42 badysts who cover Ren Micron Technology Inc. (NASDAQ: MU), 35 are rated Buy, 0 Sell and 7 Hold. Therefore, 83% are positive. Micron Technology Inc. had 191 badyst reports since July 29, 2015 in accordance with SRatingsIntel. Goldman Sachs improved the rating of Micron Technology, Inc. (NASDAQ: MU) on Wednesday, September 13. Goldman Sachs has a "Buy" rating and a goal of $ 40. The rating was maintained by Mizuho on Tuesday, December 15 with "Neutral". The firm has a "Purchase" rating granted on Wednesday, March 1 by Goldman Sachs. Needham improved the rating of Micron Technology, Inc. (NASDAQ: MU) on Thursday, December 22. Needham has a "Buy" rating and a goal of $ 33. Nomura maintained the rating of Micron Technology, Inc. (NASDAQ: MU) on Thursday, August 25. Nomura has a "Purchase" rating and a target of $ 20. The firm has a "Neutral" rating awarded on Tuesday, January 19 by Mizuho. The action has a "Buy" rating by Loop Capital on Friday, October 13. Credit Suisse held the shares of MU in the report on Wednesday, October 5 with a rating of "Outperform". The shares of Micron Technology, Inc. (NASDAQ: MU) obtained a "Buy" rating from Cowen & Co on Tuesday, October 31. According to Wednesday, October 5, the company's rating was maintained by Morgan Stanley.

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