New York State Common Retirement Fund grew its position in shares of Micron Technology, Inc. (NASDAQ:MU) by 3.4% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,782,149 shares of the semiconductor manufacturer’s stock after purchasing an additional 90,949 shares during the quarter. New York State Common Retirement Fund owned approximately 0.24% of Micron Technology worth $109,422,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of MU. Harbour Capital Advisors LLC grew its holdings in shares of Micron Technology by 1,082.9% during the second quarter. Harbour Capital Advisors LLC now owns 12,243 shares of the semiconductor manufacturer’s stock worth $410,000 after purchasing an additional 11,208 shares during the last quarter. Great West Life Assurance Co. Can grew its holdings in shares of Micron Technology by 6.7% during the second quarter. Great West Life Assurance Co. Can now owns 894,527 shares of the semiconductor manufacturer’s stock worth $26,679,000 after purchasing an additional 55,984 shares during the last quarter. CIBC Asset Management Inc grew its holdings in shares of Micron Technology by 3.4% during the second quarter. CIBC Asset Management Inc now owns 134,767 shares of the semiconductor manufacturer’s stock worth $4,024,000 after purchasing an additional 4,449 shares during the last quarter. Daiwa Securities Group Inc. grew its holdings in shares of Micron Technology by 155.3% during the second quarter. Daiwa Securities Group Inc. now owns 73,650 shares of the semiconductor manufacturer’s stock worth $2,199,000 after purchasing an additional 44,800 shares during the last quarter. Finally, Candriam Luxembourg S.C.A. grew its holdings in shares of Micron Technology by 239.9% during the second quarter. Candriam Luxembourg S.C.A. now owns 200,670 shares of the semiconductor manufacturer’s stock worth $5,992,000 after purchasing an additional 141,628 shares during the last quarter. 81.16% of the stock is currently owned by institutional investors.

In other news, Director Robert L. Bailey sold 3,000 shares of Micron Technology stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $39.86, for a total transaction of $119,580.00. Following the completion of the sale, the director now directly owns 114,284 shares in the company, valued at approximately $4,555,360.24. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Scott J. Deboer sold 30,000 shares of Micron Technology stock in a transaction that occurred on Friday, October 20th. The shares were sold at an average price of $42.00, for a total transaction of $1,260,000.00. Following the sale, the executive vice president now owns 122,667 shares of the company’s stock, valued at $5,152,014. The disclosure for this sale can be found here. In the last 90 days, insiders sold 305,088 shares of company stock valued at $11,728,398. 0.69% of the stock is owned by insiders.

Shares of Micron Technology, Inc. (MU) opened at $41.99 on Friday. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.34 and a quick ratio of 1.75. The company has a market cap of $48,425.18, a PE ratio of 9.46, a P/E/G ratio of 0.57 and a beta of 1.76. Micron Technology, Inc. has a 12-month low of $18.30 and a 12-month high of $49.89.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings data on Tuesday, September 26th. The semiconductor manufacturer reported $2.02 EPS for the quarter, beating the Zacks’ consensus estimate of $1.84 by $0.18. The firm had revenue of $6.14 billion during the quarter, compared to the consensus estimate of $5.97 billion. Micron Technology had a net margin of 25.04% and a return on equity of 32.09%. The firm’s revenue was up 90.8% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.01) earnings per share. equities analysts forecast that Micron Technology, Inc. will post 7.42 EPS for the current year.

MU has been the topic of a number of research reports. Zacks Investment Research lowered Micron Technology from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 28th. BidaskClub raised Micron Technology from a “buy” rating to a “strong-buy” rating in a report on Tuesday, September 12th. Vetr raised Micron Technology from a “hold” rating to a “buy” rating and set a $42.77 price target on the stock in a report on Wednesday, October 25th. Loop Capital reissued a “buy” rating and set a $48.00 price target (up previously from $46.00) on shares of Micron Technology in a report on Wednesday, September 27th. Finally, Rosenblatt Securities reissued a “buy” rating and set a $75.00 price target on shares of Micron Technology in a report on Tuesday, September 26th. One research analyst has rated the stock with a sell rating, four have given a hold rating, thirty have assigned a buy rating and two have issued a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $48.20.

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Micron Technology Profile

Institutional Ownership by Quarter for Micron Technology (NASDAQ:MU)

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