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Point72 Asia Hong Kong LTD Holding in Micron Technology (MU) Has Trimmed as Stock Rose; Xerium Technologies (XRM) Holder American Securities Has Cut Stake by $311,276 as Shares Rose

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Steve Cohen decreased its stake in Micron Technology Inc (MU) by 57.5% based on its latest 2017Q4 regulatory filing with the SEC. Point72 Asia Hong Kong Ltd sold 30,473 shares as the company’s stock rose 18.77% while stock markets declined. The hedge fund run by Steve Cohen held 22,527 shares of the technology company at the end of 2017Q4, valued at $926,000, down from 53,000 at the end of the previous reported quarter. Point72 Asia Hong Kong Ltd who had been investing in Micron Technology Inc for a number of months, seems to be less bullish one the $71.24 billion market cap company. The stock increased 2.43% or $1.46 during the last trading session, reaching $61.43. About 47.19 million shares traded. Micron Technology, Inc. (NASDAQ:MU) has risen 82.20% since May 24, 2017 and is uptrending. It has outperformed by 70.65% the S&P500.

American Securities Llc decreased its stake in Xerium Technologies Inc (XRM) by 5.58% based on its latest 2017Q4 regulatory filing with the SEC. American Securities Llc sold 77,819 shares as the company’s stock rose 43.81% while stock markets declined. The institutional investor held 1.32 million shares of the basic industries company at the end of 2017Q4, valued at $5.61M, down from 1.40M at the end of the previous reported quarter. American Securities Llc who had been investing in Xerium Technologies Inc for a number of months, seems to be less bullish one the $108.42 million market cap company. The stock decreased 1.05% or $0.07 during the last trading session, reaching $6.6. About 361 shares traded. Xerium Technologies, Inc. (NYSE:XRM) has risen 25.73% since May 24, 2017 and is uptrending. It has outperformed by 14.18% the S&P500.

Point72 Asia Hong Kong Ltd, which manages about $130.86 million US Long portfolio, upped its stake in Pulte Group Inc (NYSE:PHM) by 14,499 shares to 15,145 shares, valued at $504,000 in 2017Q4, according to the filing. It also increased its holding in Calatlantic Group Inc by 8,441 shares in the quarter, for a total of 8,461 shares, and has risen its stake in Zoetis Inc (NYSE:ZTS).

Analysts await Micron Technology, Inc. (NASDAQ:MU) to report earnings on July, 5. They expect $2.81 earnings per share, up 100.71% or $1.41 from last year’s $1.4 per share. MU’s profit will be $3.26B for 5.47 P/E if the $2.81 EPS becomes a reality. After $2.80 actual earnings per share reported by Micron Technology, Inc. for the previous quarter, Wall Street now forecasts 0.36% EPS growth.

Investors sentiment decreased to 1.24 in Q4 2017. Its down 0.13, from 1.37 in 2017Q3. It dived, as 49 investors sold MU shares while 245 reduced holdings. 126 funds opened positions while 239 raised stakes. 883.15 million shares or 0.40% less from 886.67 million shares in 2017Q3 were reported. Quantitative Inv Llc holds 0.3% in Micron Technology, Inc. (NASDAQ:MU) or 488,100 shares. Dsam Partners (London) Ltd reported 115,183 shares. Asset Mngmt has 0% invested in Micron Technology, Inc. (NASDAQ:MU). Navellier has 237,259 shares for 1.82% of their portfolio. Cognios Cap Limited Com invested in 13,712 shares or 0.21% of the stock. Manchester Capital Mgmt Llc invested in 0.01% or 1,902 shares. Primecap Mgmt Ca has invested 1.84% of its portfolio in Micron Technology, Inc. (NASDAQ:MU). North Star Inv Management accumulated 984 shares. Nelson Van Denburg Campbell Wealth Group Ltd Liability Com holds 0.03% of its portfolio in Micron Technology, Inc. (NASDAQ:MU) for 3,498 shares. Polar Ltd Liability Partnership holds 0.3% or 705,223 shares. Wilbanks Smith & Thomas Asset Management Lc has 0.02% invested in Micron Technology, Inc. (NASDAQ:MU) for 6,533 shares. Groesbeck Invest Management Nj invested in 0.42% or 14,550 shares. Moreover, Ipswich Management Co has 0.2% invested in Micron Technology, Inc. (NASDAQ:MU) for 11,740 shares. 78,116 are owned by Virtu Ltd. Lmr Prtnrs Ltd Liability Partnership owns 48,783 shares for 0.21% of their portfolio.

Since January 2, 2018, it had 0 buys, and 13 insider sales for $7.65 million activity. $1.36 million worth of Micron Technology, Inc. (NASDAQ:MU) shares were sold by Thorsen Steven L. JR. BAILEY ROBERT L had sold 3,000 shares worth $151,496 on Monday, April 2. Another trade for 50,000 shares valued at $2.17M was made by Mondry Lawrence N on Wednesday, February 14. $31,814 worth of Micron Technology, Inc. (NASDAQ:MU) was sold by ARNZEN APRIL S on Thursday, March 15. 25,000 shares were sold by JOHNSON MERCEDES, worth $1.26 million. $665,058 worth of Micron Technology, Inc. (NASDAQ:MU) shares were sold by Byrne Patrick J.

Among 43 analysts covering Micron Technology Inc. (NASDAQ:MU), 35 have Buy rating, 1 Sell and 7 Hold. Therefore 81% are positive. Micron Technology Inc. had 248 analyst reports since July 29, 2015 according to SRatingsIntel. Goldman Sachs maintained Micron Technology, Inc. (NASDAQ:MU) on Thursday, March 31 with “Neutral” rating. Summit Redstone Partners maintained Micron Technology, Inc. (NASDAQ:MU) on Wednesday, October 11 with “Buy” rating. As per Friday, September 22, the company rating was maintained by J.P. Morgan. The stock has “Buy” rating by J.P. Morgan on Wednesday, January 10. JP Morgan maintained Micron Technology, Inc. (NASDAQ:MU) rating on Tuesday, May 22. JP Morgan has “Overweight” rating and $82 target. On Monday, April 16 the stock rating was maintained by KeyBanc Capital Markets with “Buy”. The stock of Micron Technology, Inc. (NASDAQ:MU) has “Outperform” rating given on Friday, March 23 by Wells Fargo. The stock of Micron Technology, Inc. (NASDAQ:MU) has “Market Perform” rating given on Monday, September 28 by Cowen & Co. On Friday, October 13 the stock rating was maintained by Loop Capital with “Buy”. The stock has “Buy” rating by Mizuho on Friday, March 23.

More notable recent Micron Technology, Inc. (NASDAQ:MU) news were published by: Seekingalpha.com which released: “Don’t Sell Micron Technology Because Of Trade War” on May 21, 2018, also Seekingalpha.com with their article: “Micron: The Big Guys Just Love It” published on May 24, 2018, Seekingalpha.com published: “Micron’s DRAM Money Machine” on May 18, 2018. More interesting news about Micron Technology, Inc. (NASDAQ:MU) were released by: Seekingalpha.com and their article: “Is Micron A Solid Pick At $55?” published on May 22, 2018 as well as Nasdaq.com‘s news article titled: “Bull Case for Micron Technology, Inc. Stock Strengthens” with publication date: May 23, 2018.

Investors sentiment increased to 1.45 in Q4 2017. Its up 0.24, from 1.21 in 2017Q3. It improved, as 6 investors sold XRM shares while 14 reduced holdings. 11 funds opened positions while 18 raised stakes. 10.34 million shares or 2.39% more from 10.10 million shares in 2017Q3 were reported. Virtu Financial Limited Co reported 21,763 shares. Lsv Asset Mgmt accumulated 74,000 shares. Robotti Robert has invested 0.25% of its portfolio in Xerium Technologies, Inc. (NYSE:XRM). Rutabaga Capital Mgmt Llc Ma invested 0.51% in Xerium Technologies, Inc. (NYSE:XRM). Blackrock holds 0% or 144,002 shares in its portfolio. Goldman Sachs Grp Inc accumulated 10,420 shares. Bridgeway Cap Mngmt accumulated 49,136 shares. Deutsche Commercial Bank Ag invested in 14,335 shares or 0% of the stock. Barclays Pcl stated it has 0% of its portfolio in Xerium Technologies, Inc. (NYSE:XRM). Parallax Volatility Advisers Lp reported 74,392 shares or 0% of all its holdings. Jacobs Levy Equity Management Incorporated has invested 0% in Xerium Technologies, Inc. (NYSE:XRM). Moreover, Howe & Rusling has 0% invested in Xerium Technologies, Inc. (NYSE:XRM). Phoenix Inv Adviser Ltd accumulated 120,000 shares. Spark Inv Mgmt Lc, a New York-based fund reported 27,300 shares. Wynnefield Capital invested in 1.72% or 1.17M shares.

Another recent and important Xerium Technologies, Inc. (NYSE:XRM) news was published by Seekingalpha.com which published an article titled: “Xerium Technologies’ (XRM) CEO Mark Staton on Q1 2018 Results – Earnings Call Transcript” on May 01, 2018.

Xerium Technologies, Inc. (NYSE:XRM) Institutional Positions Chart

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