Mountain Pacific Investment Advisers Has Cut Its Micron Technology (MU) Position; Park West Asset Management Lifted Eagle Pharmaceuticals (EGRX) Stake

February 15, 2018 - By William Brooks

Mountain Pacific Investment Advisers Inc decreased Micron Technology Inc (MU) stake by 42.63% reported in 2017Q3 SEC filing. Mountain Pacific Investment Advisers Inc sold 12,276 shares as Micron Technology Inc (MU)’s stock rose 19.14%. The Mountain Pacific Investment Advisers Inc holds 16,518 shares with $650,000 value, down from 28,794 last quarter. Micron Technology Inc now has $50.24B valuation. The stock increased 1.92% or $0.82 during the last trading session, reaching $43.45. About 36.77 million shares traded. Micron Technology, Inc. (NASDAQ:MU) has risen 176.27% since February 15, 2017 and is uptrending. It has outperformed by 159.57% the S&P500.

Park West Asset Management Llc increased Eagle Pharmaceuticals Inc (EGRX) stake by 123.33% reported in 2017Q3 SEC filing. Park West Asset Management Llc acquired 501,557 shares as Eagle Pharmaceuticals Inc (EGRX)’s stock rose 7.49%. The Park West Asset Management Llc holds 908,220 shares with $54.17 million value, up from 406,663 last quarter. Eagle Pharmaceuticals Inc now has $920.36M valuation. The stock increased 1.30% or $0.79 during the last trading session, reaching $61.68. About 195,315 shares traded. Eagle Pharmaceuticals, Inc. (NASDAQ:EGRX) has risen 79.40% since February 15, 2017 and is uptrending. It has outperformed by 62.70% the S&P500.

Park West Asset Management Llc decreased Truecar Inc (NASDAQ:TRUE) stake by 587,092 shares to 1.09 million valued at $17.16M in 2017Q3. It also reduced Smart Global Hldgs Inc stake by 661,994 shares and now owns 231,075 shares. Internap Corp (NASDAQ:INAP) was reduced too.

Among 4 analysts covering Eagle Pharma (NASDAQ:EGRX), 3 have Buy rating, 1 Sell and 0 Hold. Therefore 75% are positive. Eagle Pharma had 21 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was initiated by Mizuho on Wednesday, December 9 with “Buy”. On Wednesday, August 9 the stock rating was maintained by Piper Jaffray with “Buy”. The stock has “Sell” rating by Mizuho on Thursday, October 26. The rating was maintained by RBC Capital Markets with “Outperform” on Tuesday, May 10. The stock of Eagle Pharmaceuticals, Inc. (NASDAQ:EGRX) earned “Buy” rating by Piper Jaffray on Tuesday, July 25. The firm has “Outperform” rating by William Blair given on Wednesday, November 2. RBC Capital Markets maintained Eagle Pharmaceuticals, Inc. (NASDAQ:EGRX) on Friday, September 1 with “Buy” rating. The stock of Eagle Pharmaceuticals, Inc. (NASDAQ:EGRX) has “Neutral” rating given on Monday, June 20 by Mizuho. On Friday, July 14 the stock rating was maintained by RBC Capital Markets with “Buy”. The stock of Eagle Pharmaceuticals, Inc. (NASDAQ:EGRX) has “Buy” rating given on Tuesday, January 30 by Piper Jaffray.

Since August 16, 2017, it had 0 insider purchases, and 13 selling transactions for $12.60 million activity. $638,380 worth of Micron Technology, Inc. (NASDAQ:MU) was sold by Deboer Scott J. Thorsen Steven L. JR sold 118,944 shares worth $4.53 million. 3,000 shares were sold by BAILEY ROBERT L, worth $128,197. $765,485 worth of stock was sold by Mondry Lawrence N on Wednesday, August 16. The insider Poppen Joel L sold 80,000 shares worth $3.09M. ARNZEN APRIL S also sold $10,507 worth of Micron Technology, Inc. (NASDAQ:MU) shares.

Investors sentiment increased to 1.37 in Q3 2017. Its up 0.29, from 1.08 in 2017Q2. It increased, 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. Moreover, Trb Limited Partnership has 2.91% invested in Micron Technology, Inc. (NASDAQ:MU). Cibc Asset Incorporated holds 141,479 shares or 0.03% of its portfolio. Sei Invs owns 1.56 million shares or 0.22% of their US portfolio. Washington Trust Bancshares holds 4,425 shares. Avalon Global Asset Mgmt Ltd has invested 3.73% in Micron Technology, Inc. (NASDAQ:MU). Assetmark Incorporated has 0.04% invested in Micron Technology, Inc. (NASDAQ:MU). Managed Asset Portfolios Limited Liability Company stated it has 5.39% of its portfolio in Micron Technology, Inc. (NASDAQ:MU). Dynamic Capital Limited invested 0.2% in Micron Technology, Inc. (NASDAQ:MU). Bartlett & Ltd Liability has 1,000 shares. Shell Asset Management reported 0.09% in Micron Technology, Inc. (NASDAQ:MU). Mason Street Advisors reported 0.15% in Micron Technology, Inc. (NASDAQ:MU). Jacobs Levy Equity Mgmt owns 32,960 shares or 0.03% of their US portfolio. Oppenheimer & Inc owns 170,807 shares. Ent Serv accumulated 0% or 115 shares. Credit Cap Invests Limited Company holds 37.1% or 855,000 shares in its portfolio.

Mountain Pacific Investment Advisers Inc increased Arthur J Gallagher & Co (NYSE:AJG) stake by 15,395 shares to 257,718 valued at $15.86 million in 2017Q3. It also upped Msc Indl Direct Inc Cl A (NYSE:MSM) stake by 20,660 shares and now owns 206,829 shares. Verisk Analytics Inc Cla Class (NASDAQ:VRSK) was raised too.

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. On Monday, March 7 the stock rating was downgraded by Nomura to “Reduce”. The firm has “Outperform” rating given on Thursday, September 1 by Cowen & Co. The company was maintained on Thursday, October 12 by Mizuho. The stock of Micron Technology, Inc. (NASDAQ:MU) has “Buy” rating given on Wednesday, August 23 by Robert W. Baird. As per Thursday, September 21, the company rating was maintained by Loop Capital. As per Monday, August 22, the company rating was maintained by Mizuho. KeyBanc Capital Markets maintained the shares of MU in report on Thursday, October 26 with “Hold” rating. Credit Suisse maintained the shares of MU in report on Thursday, June 29 with “Buy” rating. The firm has “Overweight” rating given on Monday, October 3 by Barclays Capital. Morgan Stanley maintained the shares of MU in report on Friday, October 2 with “Equal-Weight” rating.

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 FREE daily email newsletter.

By1 William Brooks

Automatic Stock Updates

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