April Arnzen Unloaded 1,222 Shares of Micron Technology, Inc. (MU); Movado Group Has 1.63 Sentiment

Movado Group, Inc. designs, develops, sources, markets, and distributes fine watches in the United States and internationally. The company has market cap of $738.67 million. The firm operates in two divisions, Wholesale and Retail. It has a 31.26 P/E ratio. The firm offers its watches under the Ebel, Concord, Movado, ESQ Movado, Coach, HUGO BOSS, Juicy Couture, Lacoste, Tommy Hilfiger, and SCUDERIA FERRARI brands.

The insider, and Micron Technology Inc’s SVP – Human Resources, April Arnzen, unloaded 1,222 company shares on February 16, 2017, valued by the stock market at $53,487 (at $43.8 per share). This is not her first insider trade, in the last 30 days, she sold another 41,843 shares worth $1,640,646 USD. The source document was unveiled on February 16, 2017 with the Security Exchange Commission and is now freely available here. The chances that the deal stays unseen are very low in view of the large amount of cash involved. At the moment, April Arnzen owns 57,969 shares which are around 0.01% of the company’s total market cap.

Since August 16, 2017, it had 0 insider buys, and 13 sales for $12.60 million activity. Poppen Joel L also sold $3.09 million worth of Micron Technology, Inc. (NASDAQ:MU) shares. $1.26M worth of Micron Technology, Inc. (NASDAQ:MU) shares were sold by Deboer Scott J. BAILEY ROBERT L sold $97,910 worth of Micron Technology, Inc. (NASDAQ:MU) on Friday, September 1. $10,507 worth of Micron Technology, Inc. (NASDAQ:MU) shares were sold by ARNZEN APRIL S. The insider Mondry Lawrence N sold 25,000 shares worth $765,485. $4.53M worth of Micron Technology, Inc. (NASDAQ:MU) shares were sold by Thorsen Steven L. JR.

The stock increased 1.63% or $0.71 during the last trading session, reaching $44.21. About 49.40 million shares traded or 16.31% up from the average. Micron Technology, Inc. (NASDAQ:MU) has risen 176.27% since February 17, 2017 and is uptrending. It has outperformed by 159.57% the S&P500.

Micron Technology, Inc. provides semiconductor systems worldwide. The company has market cap of $51.12 billion. The firm operates through four divisions: Compute and Networking Business Unit, Storage Business Unit, Mobile Business Unit, and Embedded Business Unit. It has a 6.91 P/E ratio. It offers DDR3 and DDR4 DRAM products for computers, servers, networking devices, communications equipment, consumer electronics, automotive, and industrial applications; lower power DRAM products for smartphones, tablets, automotive, laptop computers, and other mobile consumer device applications; DDR2 DRAM and DDR DRAM, GDDR5 and GDDR5X DRAM, SDRAM, and RLDRAM products for networking devices, servers, consumer electronics, communications equipment, computer peripherals, and automotive and industrial applications, as well as for computer memory upgrades; and hybrid memory cube semiconductor memory devices.

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. has $85 highest and $8 lowest target. $40.80’s average target is -7.71% below currents $44.21 stock price. Micron Technology Inc. had 214 analyst reports since July 29, 2015 according to SRatingsIntel. The firm earned “Outperform” rating on Friday, October 2 by Credit Suisse. Barclays Capital maintained Micron Technology, Inc. (NASDAQ:MU) on Wednesday, October 5 with “Outperform” rating. The stock of Micron Technology, Inc. (NASDAQ:MU) earned “Market Perform” rating by Bernstein on Wednesday, May 18. The stock of Micron Technology, Inc. (NASDAQ:MU) has “Hold” rating given on Monday, November 13 by BMO Capital Markets. As per Friday, February 3, the company rating was maintained by Mizuho. The firm has “Buy” rating by Mizuho given on Thursday, September 7. As per Wednesday, June 14, the company rating was maintained by Credit Suisse. The stock of Micron Technology, Inc. (NASDAQ:MU) earned “Outperform” rating by Cowen & Co on Thursday, December 1. The stock of Micron Technology, Inc. (NASDAQ:MU) earned “Buy” rating by Rosenblatt on Tuesday, September 26. The stock of Micron Technology, Inc. (NASDAQ:MU) earned “Buy” rating by Maxim Group on Tuesday, December 15.

Investors sentiment increased to 1.37 in 2017 Q3. Its up 0.29, from 1.08 in 2017Q2. It increased, as 52 investors sold Micron Technology, Inc. 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. 11,029 were reported by Bluecrest Mgmt Ltd. Levin Capital Strategies Lp accumulated 6,859 shares. Boston Ptnrs accumulated 0% or 20,634 shares. Seminole accumulated 12.14% or 1.44M shares. Daiwa Grp Inc accumulated 95,845 shares. Wealthfront stated it has 38,214 shares or 0.02% of all its holdings. Jw Asset Limited invested in 1.18% or 41,000 shares. Bank & Trust Of Montreal Can holds 5.28 million shares. Koch Inc invested in 7,064 shares or 0.07% of the stock. Exxonmobil Inv Mngmt Incorporated Tx holds 203,444 shares. Fmr Ltd Liability Corporation owns 32.42M shares. Strs Ohio invested in 0.28% or 1.64 million shares. Jefferies Gru Ltd Co has 335,376 shares. Arizona State Retirement System holds 0.18% or 388,146 shares. Eagle Asset Inc holds 0.27% or 1.20 million shares.

Since January 1, 0001, it had 0 insider purchases, and 8 selling transactions for $643,443 activity.

The stock decreased 0.77% or $0.25 during the last trading session, reaching $32.2. About 70,936 shares traded. Movado Group, Inc. (MOV) has declined 5.74% since February 17, 2017 and is downtrending. It has underperformed by 22.44% the S&P500.

Alphaone Investment Services Llc holds 1.27% of its portfolio in Movado Group, Inc. for 170,093 shares. D.C. Capital Advisors Ltd owns 50,000 shares or 0.92% of their US portfolio. Moreover, Matarin Capital Management Llc has 0.39% invested in the company for 163,327 shares. The Illinois-based North Star Investment Management Corp. has invested 0.3% in the stock. Deprince Race & Zollo Inc, a Florida-based fund reported 438,144 shares.

Analysts await Movado Group, Inc. (NYSE:MOV) to report earnings on March, 19. They expect $0.25 EPS, up 13.64% or $0.03 from last year’s $0.22 per share. MOV’s profit will be $5.74M for 32.20 P/E if the $0.25 EPS becomes a reality. After $1.04 actual EPS reported by Movado Group, Inc. for the previous quarter, Wall Street now forecasts -75.96% negative EPS growth.