MU News and Headlines - Micron Technology Inc

GuruFocus Articles Total 423
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SVP & CFO of Micron Technology Inc (30-Year Financial, Insider Trades) David Zinsner (insider trades) sold 8,050 shares of MU on 04/15/2021 at an average price of $90.15 a share. The total sale was $725,708.

Micron Technology Inc along with its subsidiaries provide memory and storage solutions. Its product portfolio consists of memory and storage technologies such as DRAM, NAND, NOR and 3D XPoint memory. Micron Technology Inc has a market cap of $101.67 billion; its shares were traded at around $90.660000 with a P/E ratio of 32.15 and P/S ratio of 4.37. Micron Technology Inc had

0 Views    insider    2021-04-16 22:15
Oslo, Q8, based Investment company DnB Asset Management AS (Current Portfolio) buys Facebook Inc, Microsoft Corp, Visa Inc, Micron Technology Inc, Alexion Pharmaceuticals Inc, sells Oracle Corp, Gilead Sciences Inc, Pfizer Inc, Alibaba Group Holding, Viavi Solutions Inc during the 3-months ended 2021Q1, according to the most recent filings of the investment company, DnB Asset Management AS. As of 2021Q1, DnB Asset Management AS owns 600 stocks with a total value of $13.2 billion. These are the details of the buys and sells.
0 Views    insider    2021-04-15 16:38
Top 2 holdings cut down to size

The Parnassus Endeavor Fund (Trades, Portfolio) has revealed its portfolio for the first quarter of 2021. Top trades during the quarter include reductions in the fund's Micron Technology Inc. (MU) and Applied Materials Inc. (AMAT) holdings alongside new buys into Verizon Communications Inc. (VZ), S&P Global Inc. (SPGI) and Omnicom Group Inc. (OMC).

The Parnassus Endeavor Fund (Trades, Portfolio) is a fossil-fuel-free and positive workplace fund that selects deeply discounted, out-of-favor stocks with a wider range of expected outcomes. The fund invests in U.S. large-cap companies with long-term competitive advantages and

381 Views    Graham Griffin    2021-04-13 20:45
Westlake Village, CA, based Investment company West Oak Capital, LLC (Current Portfolio) buys Schwab Short-Term U.S. Treasury ETF, Micron Technology Inc, Wells Fargo, iShares S&P 500 Value ETF, Schwab US Dividend Equity ETF, sells Raytheon Technologies Corp, AmerisourceBergen Corp, Invesco S&P 500 Low Volatility ETF, Schwab U.S. REIT ETF, Viatris Inc during the 3-months ended 2021Q1, according to the most recent filings of the investment company, West Oak Capital, LLC. As of 2021Q1, West Oak Capital, LLC owns 332 stocks with a total value of $215 million. These are the details of the buys and sells.
  • New Purchases:
0 Views    insider    2021-04-13 20:38
Investment company Vanguard Capital Wealth Advisors (Current Portfolio) buys iShares 20+ Year Treasury Bond ETF, Micron Technology Inc, GAMCO Global Gold Natural Resources & Income Trust, Lloyds Banking Group PLC, Qualcomm Inc, sells Aberdeen Standard Physical Platinum Shares ETF, Enova International Inc, Zebra Technologies Corp, Sarepta Therapeutics Inc, Costamare Inc during the 3-months ended 2021Q1, according to the most recent filings of the investment company, Vanguard Capital Wealth Advisors. As of 2021Q1, Vanguard Capital Wealth Advisors owns 130 stocks with a total value of $116 million. These are the details of the buys and sells.
  • New Purchases:
0 Views    insider    2021-04-13 02:38
New York, NY, based Investment company Centre Asset Management, LLC (Current Portfolio) buys Intel Corp, APA Corp, Weyerhaeuser Co, Micron Technology Inc, Corteva Inc, sells Edison International, APA Corp, Sempra Energy, The Kraft Heinz Co, OGE Energy Corp during the 3-months ended 2021Q1, according to the most recent filings of the investment company, Centre Asset Management, LLC. As of 2021Q1, Centre Asset Management, LLC owns 58 stocks with a total value of $201 million. These are the details of the buys and sells.
0 Views    insider    2021-04-08 20:38
Investment company Old Port Advisors (Current Portfolio) buys iShares TIPS Bond ETF, iShares MBS ETF, iShares Mortgage Real Estate ETF, Nucor Corp, Broadcom Inc, sells SPDR S&P 600 Small Cap Value ETF, Alexion Pharmaceuticals Inc, AbbVie Inc, iShares J.P. Morgan USD Emerging Markets Bond ETF, First Trust Low Duration Mortgage Opportunities ET during the 3-months ended 2021Q1, according to the most recent filings of the investment company, Old Port Advisors. As of 2021Q1, Old Port Advisors owns 202 stocks with a total value of $246 million. These are the details of the buys and sells.
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0 Views    insider    2021-04-08 12:38

EVP, Technology & Products of Micron Technology Inc (30-Year Financial, Insider Trades) Scott J Deboer (insider trades) sold 25,089 shares of MU on 04/05/2021 at an average price of $93.31 a share. The total sale was $2.3 million.

Micron Technology Inc along with its subsidiaries provide memory and storage solutions. Its product portfolio consists of memory and storage technologies such as DRAM, NAND, NOR and 3D XPoint memory. Micron Technology Inc has a market cap of $104.49 billion; its shares were traded at around $93.180000 with a P/E ratio of 33.04 and P/S ratio of 4.50. Micron

0 Views    insider    2021-04-07 16:15
Somerset, PA, based Investment company Somerset Trust Co (Current Portfolio) buys Morgan Stanley, MGM Resorts International, Burlington Stores Inc, Dycom Industries Inc, Micron Technology Inc, sells Eaton Vance Corp, PVH Corp, Eagle Materials Inc, Raymond James Financial Inc, Liberty Latin America during the 3-months ended 2021Q1, according to the most recent filings of the investment company, Somerset Trust Co. As of 2021Q1, Somerset Trust Co owns 125 stocks with a total value of $232 million. These are the details of the buys and sells.
0 Views    insider    2021-04-07 14:38
Shares of Micron up on earnings

U.S. markets

U.S. market indexes were in the green on Thursday morning, with stocks hitting another record and the S&P passing the 4,000 level for the first time. The Dow gained 0.52% to 33,153, the S&P 500 Index rose 1.18% to 4,019 and the Nasdaq Composite Index was up 1.76% to 13,480.

Gainers

  • Marathon Oil Corp. (MRO) +10.3%
  • NOV Inc. (NOV) +3.6%
  • Occidental Petroleum Corp. (OXY) +2.93%
  • Ulta Beauty Inc. (ULTA) +1.4%
  • Cal-Maine Foods Inc. (CALM) +1.1%

Losers

  • Lululemon Athletica (LULU) -1.8%
  • Danimer Scientific Inc. (DNMR) -0.7%
  • Ford Motor Co. (F) -0.7%
  • Dollar General Corp. (DG)
124 Views    Omar Venerio    2021-04-01 20:30

The stock of Micron Technology (NAS:MU, 30-year Financials) is estimated to be significantly overvalued, according to GuruFocus Value calculation. GuruFocus Value is GuruFocus' estimate of the fair value at which the stock should be traded. It is calculated based on the historical multiples that the stock has traded at, the past business growth and analyst estimates of future business performance. If the price of a stock is significantly above the GF Value Line, it is overvalued and its future return is likely to be poor. On the other hand, if it is significantly below the GF Value Line,

0 Views    GF Value    2021-03-29 11:12
A look at the most concentrated holdings

Many of the best investors in the world do not believe in diversification. Investors such as Warren Buffett (Trades, Portfolio) and Charlie Munger (Trades, Portfolio) believe the best way to approach a portfolio is to invest as much as possible into the businesses one understands the best.

This is a sensible approach in some cases, but for inexperienced investors, it can be a quick way to lose a lot of money.

One should only follow this approach if one is entirely comfortable with large drawdowns and is willing to do the work required to

470 Views    Rupert Hargreaves    2021-03-15 18:46
The hedge fund giants both raked in $1.7 billion in 2020

At the end of February, the 20th annual Institutional Investor's Rich List revealed that hedge fund giants Steven Cohen (Trades, Portfolio), head of Point72 Asset Management, and Appaloosa Management's David Tepper (Trades, Portfolio) were among the biggest earners in 2020. The gurus tied for sixth place last year.

The list, which is composed of the highest-earning managers, found that the top 25 hedge funds made a combined $32 billion in earnings last year despite the negative effects of the Covid-19 pandemic.

Other renowned investors followed by GuruFocus that made the top 10 were

1753 Views    Sydnee Gatewood    2021-03-12 20:32
These companies run highly predictable businesses

Predictable companies are usually characterized by a consistent record of revenue and Ebitda, which is often linked to a strong long-term performance based on a 10-year study that GuruFocus conducted for the period from 1998 to 2008.

In light of the above, value investors may want to consider the three stocks listed below, as they represent U.S. listed equities in companies that have a high rating for business predictability.

Lowe's Companies Inc

The first company that makes the cut is Lowe's Companies Inc (LOW), a Mooresville, North Carolina-based home improvement retailer in North America and Mexico.

Lowe's Companies' business

237 Views    Alberto Abaterusso    2021-02-19 14:29
Guru reduces holding in Micron, adds Occidental and energy ETF

David Tepper (Trades, Portfolio), founder of Appaloosa Management, disclosed this week that his firm's top six trades during the fourth quarter of 2020 included position reductions in PG&E Corp. (PCG) and Micron Technology Inc. (MU), the closure of its AT&T Inc. (T) holding, new holdings in Occidental Petroleum Corp. (OXY) and the Energy Select Sector SPDR Fund (XLE) and a position boost in Amazon.com Inc. (AMZN).

Tepper, who specializes in distressed-debt investing, became interested in stocks by watching his father trade equities as a child. The guru is now among a group of Wall Street fund managers

2219 Views    James Li    2021-02-17 22:30
A look at the value investor's portfolio at the end of last year

Chinese investor Li Lu (Trades, Portfolio) and his hedge fund Himalaya Capital often fly under American investors' radars. This is understandable as, until recently, Li didn't invest in the United States. His fund focused only on opportunities listed in China and Hong Kong. As these holdings are not required to be disclosed to U.S. regulatory authorities, it wasn't easy for Americans to see what he was buying.

Himalaya Capital Investors has produced an annual return of more than 20% since its founding in 1998. It's also the only hedge fund that we know of that can count

720 Views    Rupert Hargreaves    2021-02-17 15:34
Guru stock highlight

Turning to our winners, Micron Technology (MU) increased the Fund's performance by 513 basis points, as its stock jumped from $53.78 to $75.18, for a total return of 39.8%. Micron manufactures memory chips used in a variety of devices, including servers, phones and computers. Despite near-term headwinds from the loss of Huawei as a large customer, Micron executed well and had a strong year. We expect an even better 2021, with recovery in segments impacted by the pandemic, such as mobile, industrial and automotive, as well as improved pricing, particularly in DRAM. Increased volume and pricing, coupled with decreasing

15 Views    Sydnee Gatewood    2021-01-27 21:09
Discussion of markets and holdings

As of December 31, 2020, the net asset value ("NAV") of the [url=https://www.gurufocus.com/StockBuy.php?GuruName=Parnassus+Endeavor+Fund]Parnassus Endeavor Fund[/url] ([url=https://www.gurufocus.com/StockBuy.php?GuruName=Parnassus+Endeavor+Fund]Trades[/url], [url=https://www.gurufocus.com/holdings.php?GuruName=Parnassus+Endeavor+Fund]Portfolio[/url]) – Investor Shares was $48.31, so after taking dividends into account, the total return for the quarter was 25.93%. This compares to a gain of 12.15% for the S&P 500 Index ("S&P 500") and 14.22% for the Lipper Multi-Cap Core Funds average, which represents the average return of the multi cap core funds followed by Lipper ("Lipper average"). For the quarter, then, our return was more than double that of the S&P 500.

Interestingly enough, the Lipper average did better than the S&P

73 Views    Sydnee Gatewood    2021-01-27 20:36
Socially responsible fund invests in tech, sells Alaska Air

The Parnassus Endeavor Fund (Trades, Portfolio) recently released its portfolio updates for the fourth quarter of 2020, which ended on Dec. 31.

The fund is part of Parnassus Investments, which follows a socially responsible value-based strategy, investing in a wide range of deeply discounted, out-of-favor stocks that have long-term competitive advantages and relevancy, quality management and positive scores on ESG (environmental, social and corporate governance) criteria. It is managed by Senior Research Analyst Billy Hwan, CPA, CFA. Jerome Dodson (Trades, Portfolio), the founder of Parnassus Investments, stepped down from the board of trustees effective

370 Views    Margaret Moran    2021-01-12 23:08
The stock pulled back after earnings report

Memory chip manufacturer Micron Technology Inc. (MU) reported its most recent quarterly results on Thursday after the markets closed. The results beat analyst expectations on revenue and earnings, but shares of the company are down more than 5% since Friday.

The company's stock is still up more than 80% since Aug. 21 and more than 123% since bottoming on March 18. Micron looks relatively overvalued based on its price-earnings ratio of 29.61 when compared to the Peter Lynch fair valuation, as shown in the above chart.

However, the company's performance in its

154 Views    Nicholas Kitonyi    2021-01-12 17:57

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2021-04-16 $ 90.66 (0.43%)
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2021-04-14 $ 90.67 (-1.61%)
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2021-04-12 $ 95.59 (0.3%)
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2021-04-06 $ 93.49 (-0.28%)
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2021-04-02 $ 92.41 (4.76%)
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2021-03-31 $ 88.21 (1.93%)
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2021-03-22 $ 91.28 (0.85%)
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2021-03-16 $ 91.43 (2.9%)
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2021-03-08 $ 85.05 (-4.36%)
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