Gibraltar Capital Management Cut Its Micron Technology (MU) Stake; Vermilion Energy Inc(canada) (VET) Sellers Increased By 16.2% Their Shorts

June 18, 2018 - By Kurt Siggers

Micron Technology, Inc. (NASDAQ:MU) Logo

Gibraltar Capital Management Inc decreased Micron Technology Inc (MU) stake by 36.51% reported in 2018Q1 SEC filing. Gibraltar Capital Management Inc sold 80,603 shares as Micron Technology Inc (MU)’s stock rose 27.87%. The Gibraltar Capital Management Inc holds 140,181 shares with $7.31 million value, down from 220,784 last quarter. Micron Technology Inc now has $67.53 billion valuation. The stock decreased 1.61% or $0.95 during the last trading session, reaching $58.23. About 41.76 million shares traded. Micron Technology, Inc. (NASDAQ:MU) has risen 108.46% since June 18, 2017 and is uptrending. It has outperformed by 95.89% the S&P500. Some Historical MU News: ; 11/05/2018 – HOSOKAWA MICRON 6277.T 6-MTH GROUP OPERATING PROFIT 3.14 BLN YEN (+44.4 %), 2017/18 FORECAST PROFIT 5.30 BLN YEN (+5.0 %); 15/05/2018 – Micron Solutions 1Q Loss/Shr 6c; 06/04/2018 – Tech Today: Sandberg Speaks, Defending Micron, Cheers for OLED — Barron’s Blog; 12/03/2018 – Micron Appoints Raj Talluri as Senior Vice President and General Manager of Mobile Business Unit; 21/05/2018 – Micron increases its financial guidance for its fiscal third quarter; 28/03/2018 – Micron Waste Technologies Testifies to the Canadian Senate Regarding Innovations in Cannabis Waste Management; 21/05/2018 – Micron Technology Raises 3Q View To Rev $7.7B-$7.8B; 23/03/2018 – GLOBAL MARKETS-Trade war fears roil equity markets while yen, bonds gain; 22/05/2018 – MICRON TECHNOLOGY INC MU.O : DEUTSCHE BANK RAISES TARGET PRICE TO $72 FROM $68; 25/05/2018 – MU: $MU – China to investigate DRAM manufacturers – ! $MU

Vermilion Energy Inc(canada) (NYSE:VET) had an increase of 16.2% in short interest. VET’s SI was 2.27 million shares in June as released by FINRA. Its up 16.2% from 1.95 million shares previously. With 177,700 avg volume, 13 days are for Vermilion Energy Inc(canada) (NYSE:VET)’s short sellers to cover VET’s short positions. The SI to Vermilion Energy Inc(canada)’s float is 1.93%. The stock decreased 3.60% or $1.26 during the last trading session, reaching $33.74. About 425,599 shares traded or 136.51% up from the average. Vermilion Energy Inc. (NYSE:VET) has risen 7.75% since June 18, 2017 and is uptrending. It has underperformed by 4.82% the S&P500. Some Historical VET News: ; 27/04/2018 – Vermilion Energy Inc. Reports Voting Results of Election of Directors; 28/05/2018 – Vermilion Energy Closes Acquisition of Spartan Energy; 16/04/2018 – SPARTAN ENERGY CORP – PRO FORMA ARRANGEMENT, VERMILION IS EXPECTED TO HAVE AN ALL-IN PAYOUT RATIO OF <90% AND A DECLINE RATE OF <19% IN 2018; 16/04/2018 - VERMILION ENERGY INC - AS A RESULT OF DEAL,CO REVISING 2018 PRODUCTION GUIDANCE TO A RANGE OF 86,000 TO 90,000 BOE/D; 26/04/2018 - VERMILION ENERGY INC VET.TO QUARTERLY FFO SHR C$1.29; 16/04/2018 - MOODY'S: VERMILION PURCHASE OF SPARTAN IS CREDIT POSITIVE; 16/04/2018 - VERMILION REVISES '18 OUTPUT VIEW TO 86K-90K BOE/D VS 75K-77.5K; 28/05/2018 - VERMILION ENERGY INC. ANNOUNCES CLOSING OF ACQUISITION OF SPARTAN ENERGY CORP. AND CREDIT FACILITY EXTENSION AND INCREASE; 16/04/2018 - Vermilion Energy Inc. Announces Acquisition Of Spartan Energy Corp; 13/04/2018 VERMILION ENERGY INC VET.TO : CREDIT SUISSE RAISES TARGET PRICE TO C$50 FROM C$47

Vermilion Energy Inc. acquires, explores, develops, and produces natural gas and crude oil in North America, Europe, and Australia. The company has market cap of $5.22 billion. As of December 31, 2016, it owned 74% interest in 328,500 net acres of developed land and 89% interest in 500,300 net acres of undeveloped land, as well as 358 net producing natural gas wells and 445 net producing oil wells in Canada; and 96% interest in 208,900 net acres of developed land and 100% interest in 336,600 net acres of undeveloped land in the Aquitaine and Paris Basins, as well as 331 net producing oil wells in France. It has a 128.78 P/E ratio. The firm also owned 56% interest in 841,500 net acres of land, as well as 37 net producing gas wells in the Netherlands; 25,800 net acres of developed and 1,054,900 net acres of undeveloped land, as well as 111 net producing oil wells and 7 net producing natural gas wells in Germany; and 97,200 net acres of land and 9 net producing oil wells in the United States.

Among 5 analysts covering Vermilion Energy (NYSE:VET), 2 have Buy rating, 1 Sell and 2 Hold. Therefore 40% are positive. Vermilion Energy had 5 analyst reports since August 11, 2015 according to SRatingsIntel. The firm has “Market Perform” rating given on Tuesday, April 17 by BMO Capital Markets. The rating was downgraded by Goldman Sachs on Thursday, November 5 to “Sell”. RBC Capital Markets upgraded Vermilion Energy Inc. (NYSE:VET) on Thursday, July 27 to “Outperform” rating. Desjardins Securities upgraded the shares of VET in report on Tuesday, August 11 to “Hold” rating.

More recent Vermilion Energy Inc. (NYSE:VET) news were published by: Fool.ca which released: “Should You Buy Vermilion Energy Inc. (TSX:VET) for a +6% Yield?” on June 06, 2018. Also Fool.ca published the news titled: “Top 4 Canadian Energy Stock Picks From a Portfolio Strategist” on June 11, 2018. Prnewswire.com‘s news article titled: “Vermilion Energy Inc. Announces Closing of Acquisition of Spartan Energy Corp. and Credit Facility Extension and …” with publication date: May 28, 2018 was also an interesting one.

Among 44 analysts covering Micron Technology Inc. (NASDAQ:MU), 34 have Buy rating, 1 Sell and 9 Hold. Therefore 77% are positive. Micron Technology Inc. had 251 analyst reports since July 29, 2015 according to SRatingsIntel. The company was maintained on Tuesday, May 22 by Nomura. Morgan Stanley maintained it with “Overweight” rating and $54 target in Tuesday, February 6 report. Wells Fargo maintained the shares of MU in report on Friday, March 23 with “Outperform” rating. Morgan Stanley maintained Micron Technology, Inc. (NASDAQ:MU) on Monday, December 4 with “Buy” rating. As per Friday, October 9, the company rating was maintained by Mizuho. Susquehanna maintained the shares of MU in report on Thursday, March 8 with “Buy” rating. The firm has “Buy” rating by Citigroup given on Tuesday, August 29. As per Tuesday, December 15, the company rating was maintained by Maxim Group. Robert W. Baird maintained the stock with “Buy” rating in Monday, June 19 report. The stock of Micron Technology, Inc. (NASDAQ:MU) earned “Buy” rating by Nomura on Thursday, June 23.

More notable recent Micron Technology, Inc. (NASDAQ:MU) news were published by: Seekingalpha.com which released: “Micron Technology: 2018 Target Prices” on June 13, 2018, also Seekingalpha.com with their article: “What Will A $10 Billion Buyback Do For Micron’s Shareholders?” published on June 17, 2018, Seekingalpha.com published: “Micron: The Case For $100” on June 11, 2018. More interesting news about Micron Technology, Inc. (NASDAQ:MU) were released by: Seekingalpha.com and their article: “Micron: Ignore The Fear, Uncertainty And Doubt” published on June 07, 2018 as well as Nasdaq.com‘s news article titled: “Forget Intel. Here Are 3 Better Chip Stocks to Buy” with publication date: June 17, 2018.

Investors sentiment decreased to 1.13 in Q1 2018. Its down 0.11, from 1.24 in 2017Q4. It dropped, 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. Atlantic Trust Grp Ltd Com holds 0% or 8,661 shares. Lsv Asset stated it has 740,186 shares or 0.06% of all its holdings. Pittenger And Anderson owns 300 shares. Cibc Ww Inc accumulated 1.74M shares. Nomura Hldg holds 1.09 million shares or 0.05% of its portfolio. Hl Services Ltd has invested 0.03% of its portfolio in Micron Technology, Inc. (NASDAQ:MU). Greylin Invest Mangement Inc, Virginia-based fund reported 6,630 shares. D E Shaw holds 0.15% or 2.18 million shares. Wellington Grp Incorporated Limited Liability Partnership invested 0.33% in Micron Technology, Inc. (NASDAQ:MU). Private Asset Mgmt owns 352,603 shares. Dorsey Wright & owns 28,287 shares. Employees Retirement Sys Of Ohio reported 729,718 shares stake. Cypress Capital Mngmt Lc (Wy) holds 42,145 shares. Toronto Dominion Savings Bank owns 623,104 shares. Bowling Mgmt Ltd Llc has invested 1% in Micron Technology, Inc. (NASDAQ:MU).

Since January 2, 2018, it had 0 buys, and 15 insider sales for $9.36 million activity. Another trade for 3,000 shares valued at $151,496 was sold by BAILEY ROBERT L. Another trade for 28,089 shares valued at $1.36 million was sold by Thorsen Steven L. JR. 14,750 shares were sold by Deboer Scott J, worth $638,380 on Wednesday, February 7. JOHNSON MERCEDES had sold 25,000 shares worth $1.26M. $31,814 worth of Micron Technology, Inc. (NASDAQ:MU) shares were sold by ARNZEN APRIL S. Shares for $2.17 million were sold by Mondry Lawrence N on Wednesday, February 14. $665,058 worth of stock was sold by Byrne Patrick J on Wednesday, May 2.

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