Deutsche Strategic Municipal Income Trust (KSM) Is At $11.39 Formed Wedge; Kingdon Capital Management Has Upped By $25.59 Million Its Micron Technology (MU) Position

Kingdon Capital Management Llc increased Micron Technology Inc (MU) stake by 83.77% reported in 2017Q3 SEC filing. Kingdon Capital Management Llc acquired 656,207 shares as Micron Technology Inc (MU)’s stock rose 19.14%. The Kingdon Capital Management Llc holds 1.44 million shares with $56.62 million value, up from 783,301 last quarter. Micron Technology Inc now has $50.50B valuation. The stock increased 1.53% or $0.66 during the last trading session, reaching $43.67. About 27.18M shares traded. Micron Technology, Inc. (NASDAQ:MU) has risen 176.27% since January 28, 2017 and is uptrending. It has outperformed by 159.57% the S&P500.

Deutsche Strategic Municipal Income Trust (KSM) formed wedge down with $10.48 target or 8.00% below today’s $11.39 share price. Deutsche Strategic Municipal Income Trust (KSM) has $127.56M valuation. The stock decreased 0.52% or $0.06 during the last trading session, reaching $11.39. About 31,004 shares traded. Deutsche Strategic Municipal Income Trust (NYSE:KSM) has declined 6.17% since January 28, 2017 and is downtrending. It has underperformed by 22.87% the S&P500.

Since August 1, 2017, it had 0 insider buys, and 12 sales for $12.60 million activity. On Tuesday, September 12 Deboer Scott J sold $340,000 worth of Micron Technology, Inc. (NASDAQ:MU) or 10,000 shares. BAILEY ROBERT L had sold 3,000 shares worth $119,583 on Monday, October 2. $28,220 worth of Micron Technology, Inc. (NASDAQ:MU) shares were sold by ARNZEN APRIL S. The insider Poppen Joel L sold 80,000 shares worth $3.09 million. Mondry Lawrence N sold $765,485 worth of Micron Technology, Inc. (NASDAQ:MU) on Wednesday, August 16. 118,944 shares were sold by Thorsen Steven L. JR, worth $4.53M on Friday, September 29.

Kingdon Capital Management Llc decreased Recro Pharma Inc (NASDAQ:REPH) stake by 50,272 shares to 259,948 valued at $2.33 million in 2017Q3. It also reduced Flexion Therapeutics Inc (NASDAQ:FLXN) stake by 70,548 shares and now owns 883,321 shares. Vulcan Matls Co (NYSE:VMC) was reduced too.

Among 42 analysts covering Micron Technology Inc. (NASDAQ:MU), 35 have Buy rating, 0 Sell and 7 Hold. Therefore 83% are positive. Micron Technology Inc. had 206 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was initiated by FBN Securities with “Buy” on Monday, September 11. The stock of Micron Technology, Inc. (NASDAQ:MU) has “Neutral” rating given on Friday, August 14 by M Partners. Morgan Stanley maintained it with “Overweight” rating and $20 target in Tuesday, August 30 report. The stock has “Neutral” rating by Nomura on Tuesday, February 16. The firm has “Outperform” rating by Credit Suisse given on Wednesday, October 5. The firm earned “Buy” rating on Sunday, August 9 by Standpoint Research. Citigroup maintained Micron Technology, Inc. (NASDAQ:MU) rating on Tuesday, July 11. Citigroup has “Buy” rating and $4500 target. Deutsche Bank maintained the shares of MU in report on Friday, October 2 with “Buy” rating. The rating was maintained by J.P. Morgan with “Buy” on Tuesday, August 29. As per Tuesday, September 5, the company rating was maintained by Morgan Stanley.