Micron Technology (MU) Share Value Rose While Ws Management Lllp Raised by $393.79 Million Its Position; Legacy Private Trust Has Cut Nasdaq (NDAQ) Position by $797,720; Stock Declined

February 18, 2018 - By Steve Bissell

Reid Walker increased its stake in Micron Technology Inc (MU) by 499.12% based on its latest 2017Q3 regulatory filing with the SEC. Ws Management Lllp bought 10.10M shares as the company’s stock rose 19.14% with the market. The hedge fund run by Reid Walker held 12.12M shares of the technology company at the end of 2017Q3, valued at $476.68 million, up from 2.02M at the end of the previous reported quarter. Ws Management Lllp who had been investing in Micron Technology Inc for a number of months, seems to be bullish on the $51.12B market cap company. The stock increased 1.63% or $0.71 during the last trading session, reaching $44.21. About 49.40M shares traded or 15.42% up from the average. Micron Technology, Inc. (NASDAQ:MU) has risen 176.27% since February 18, 2017 and is uptrending. It has outperformed by 159.57% the S&P500.

Legacy Private Trust decreased its stake in Nasdaq Inc (NDAQ) by 35.76% based on its latest 2017Q3 regulatory filing with the SEC. Legacy Private Trust sold 10,360 shares as the company’s stock declined 5.69% while stock markets rallied. The institutional investor held 18,610 shares of the finance company at the end of 2017Q3, valued at $1.44 million, down from 28,970 at the end of the previous reported quarter. Legacy Private Trust who had been investing in Nasdaq Inc for a number of months, seems to be less bullish one the $13.14B market cap company. The stock decreased 1.69% or $1.36 during the last trading session, reaching $79.02. About 1.07M shares traded or 7.79% up from the average. Nasdaq, Inc. (NASDAQ:NDAQ) has risen 6.98% since February 18, 2017 and is uptrending. It has underperformed by 9.72% the S&P500.

Legacy Private Trust, which manages about $821.55M US Long portfolio, upped its stake in Spdr Series Trust (ITR) by 112,605 shares to 130,105 shares, valued at $4.49M in 2017Q3, according to the filing. It also increased its holding in Home Depot Inc (NYSE:HD) by 2,753 shares in the quarter, for a total of 13,470 shares, and has risen its stake in Apple Inc (NASDAQ:AAPL).

Among 18 analysts covering NASDAQ OMX Group (NASDAQ:NDAQ), 10 have Buy rating, 1 Sell and 7 Hold. Therefore 56% are positive. NASDAQ OMX Group had 60 analyst reports since August 9, 2015 according to SRatingsIntel. Jefferies maintained the stock with “Hold” rating in Wednesday, October 11 report. The rating was maintained by Barclays Capital with “Overweight” on Tuesday, August 11. The stock of Nasdaq, Inc. (NASDAQ:NDAQ) earned “Underperform” rating by Bank of America on Monday, October 9. The firm has “Market Perform” rating given on Friday, October 23 by Wells Fargo. On Monday, July 17 the stock rating was maintained by RBC Capital Markets with “Hold”. Jefferies maintained it with “Hold” rating and $71.0 target in Tuesday, August 22 report. As per Tuesday, January 16, the company rating was maintained by Jefferies. The stock of Nasdaq, Inc. (NASDAQ:NDAQ) earned “Neutral” rating by JP Morgan on Monday, March 14. The firm earned “Outperform” rating on Thursday, March 10 by Credit Suisse. The rating was maintained by Citigroup with “Neutral” on Thursday, October 19.

Investors sentiment increased to 1.15 in Q3 2017. Its up 0.35, from 0.8 in 2017Q2. It improved, as 22 investors sold NDAQ shares while 133 reduced holdings. 50 funds opened positions while 128 raised stakes. 120.96 million shares or 2.43% more from 118.09 million shares in 2017Q2 were reported. Dana Investment Advisors accumulated 0.09% or 24,460 shares. Advsr Asset Management Inc accumulated 0.03% or 19,836 shares. 9,529 are owned by Cibc Natl Bank Usa. Raymond James Na owns 4,254 shares for 0.02% of their portfolio. Asset Mgmt One Commerce has invested 0.03% in Nasdaq, Inc. (NASDAQ:NDAQ). Ls Investment Lc reported 0.1% stake. Norinchukin Comml Bank The reported 0.01% stake. Envestnet Asset Inc has 0% invested in Nasdaq, Inc. (NASDAQ:NDAQ). Prudential Financial Inc owns 163,685 shares. Stevens Management Limited Partnership invested in 94,346 shares. Blair William And Il has invested 0% in Nasdaq, Inc. (NASDAQ:NDAQ). Fil Ltd holds 0.06% or 276,473 shares in its portfolio. Louisiana State Employees Retirement Sys holds 0.03% or 7,300 shares in its portfolio. The Florida-based Jaffetilchin Inv Prns Limited has invested 0.05% in Nasdaq, Inc. (NASDAQ:NDAQ). Deutsche Bank & Trust Ag holds 0.08% or 1.48M shares in its portfolio.

Since August 14, 2017, it had 0 insider purchases, and 3 sales for $2.39 million activity. DENNISON ANN M also sold $89,294 worth of Nasdaq, Inc. (NASDAQ:NDAQ) shares. Shares for $1.12M were sold by KNIGHT EDWARD S on Monday, August 14. BEGLEY CHARLENE T sold $326,863 worth of stock or 4,017 shares. Wedenborn Lars sold $231,816 worth of Nasdaq, Inc. (NASDAQ:NDAQ) on Friday, August 18. 19,169 shares were sold by Peterson Bradley J, worth $1.55M.

Investors sentiment increased to 1.37 in 2017 Q3. Its up 0.29, from 1.08 in 2017Q2. It improved, as 52 investors sold MU shares while 205 reduced holdings. 114 funds opened positions while 237 raised stakes. 886.67 million shares or 6.47% more from 832.79 million shares in 2017Q2 were reported. Adage Group Inc Limited invested 0.15% of its portfolio in Micron Technology, Inc. (NASDAQ:MU). Sun Life Fincl stated it has 0.03% of its portfolio in Micron Technology, Inc. (NASDAQ:MU). Van Eck Assocs owns 1.06 million shares. Tradewinds Cap Mgmt Limited Liability Corp accumulated 590 shares. Caxton Assoc Ltd Partnership holds 379,200 shares. Swiss Bank & Trust invested 0.17% of its portfolio in Micron Technology, Inc. (NASDAQ:MU). Moreover, Cap One National Association has 0.04% invested in Micron Technology, Inc. (NASDAQ:MU) for 14,345 shares. Messner And Smith Theme Value Mgmt Ca holds 2.43% or 39,559 shares. Gotham Asset Limited Liability Company has invested 0.85% in Micron Technology, Inc. (NASDAQ:MU). Janney Montgomery Scott Limited Liability holds 0.06% or 138,563 shares. Caisse De Depot Et Placement Du Quebec reported 114,900 shares stake. Lazard Asset Mgmt Limited Liability Company holds 0% of its portfolio in Micron Technology, Inc. (NASDAQ:MU) for 46 shares. Moreover, Ledyard Bankshares has 0% invested in Micron Technology, Inc. (NASDAQ:MU) for 50 shares. Paloma Prtnrs Mngmt stated it has 52,419 shares. Baystate Wealth Mgmt Limited Liability Corporation stated it has 0% of its portfolio in Micron Technology, Inc. (NASDAQ:MU).

Among 42 analysts covering Micron Technology Inc. (NASDAQ:MU), 36 have Buy rating, 0 Sell and 6 Hold. Therefore 86% are positive. Micron Technology Inc. had 214 analyst reports since July 29, 2015 according to SRatingsIntel. Mizuho maintained Micron Technology, Inc. (NASDAQ:MU) on Wednesday, June 14 with “Buy” rating. As per Monday, June 26, the company rating was maintained by Wells Fargo. The stock has “Neutral” rating by Susquehanna on Friday, March 18. The stock has “Positive” rating by Susquehanna on Thursday, June 23. The firm has “Overweight” rating given on Thursday, December 17 by Morgan Stanley. The firm has “Outperform” rating by Cowen & Co given on Thursday, September 1. The rating was downgraded by Bernstein on Thursday, March 31 to “Market Perform”. Stifel Nicolaus maintained the shares of MU in report on Friday, August 18 with “Buy” rating. Mizuho maintained the stock with “Neutral” rating in Friday, August 7 report. The stock of Micron Technology, Inc. (NASDAQ:MU) earned “Buy” rating by Needham on Thursday, June 8.

Ws Management Lllp, which manages about $4.01 billion US Long portfolio, decreased its stake in Delta Air Lines Inc Del (NYSE:DAL) by 100,000 shares to 378,900 shares, valued at $18.27 million in 2017Q3, according to the filing. It also reduced its holding in Bed Bath & Beyond Inc (NASDAQ:BBBY) by 100,000 shares in the quarter, leaving it with 295,200 shares, and cut its stake in Range Res Corp (Call) (NYSE:RRC).

Since August 16, 2017, it had 0 insider purchases, and 13 insider sales for $12.60 million activity. Shares for $4.53M were sold by Thorsen Steven L. JR on Friday, September 29. $10,507 worth of Micron Technology, Inc. (NASDAQ:MU) was sold by ARNZEN APRIL S. BAILEY ROBERT L had sold 3,000 shares worth $128,197. Poppen Joel L sold $3.09M worth of stock. Mondry Lawrence N sold $765,485 worth of stock or 25,000 shares.

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By1 Steve Bissell

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