Liberty Broadband (LBRDK) Forms $89.13 Double Bottom; Braun Stacey Associates Trimmed Micron Technology Com (MU) Position By $1.82 Million

November 14, 2017 - By Clifton Ray

Liberty Broadband Corp (LBRDK) formed double bottom with $85.56 target or 4.00% below today’s $89.13 share price. Liberty Broadband Corp (LBRDK) has $16.20B valuation. It closed at $89.13 lastly. It is

down 45.35% since November 14, 2016 and is uptrending. It has outperformed by 28.65% the S&P500.

Braun Stacey Associates Inc decreased Micron Technology Inc Com (MU) stake by 8.62% reported in 2017Q2 SEC filing. Braun Stacey Associates Inc sold 62,740 shares as Micron Technology Inc Com (MU)’s stock rose 19.14%. The Braun Stacey Associates Inc holds 665,065 shares with $19.86 million value, down from 727,805 last quarter. Micron Technology Inc Com now has $52.59 billion valuation. The stock rose 0.33% or $0.15 reaching $45.75. About 83,046 shares traded. Micron Technology, Inc. (NASDAQ:MU) has risen 176.27% since November 14, 2016 and is uptrending. It has outperformed by 159.57% the S&P500.

Analysts await Liberty Broadband Corp (NASDAQ:LBRDK) to report earnings on February, 16. LBRDK’s profit will be $49.07 million for 82.53 P/E if the $0.27 EPS becomes a reality. After $-0.05 actual earnings per share reported by Liberty Broadband Corp for the previous quarter, Wall Street now forecasts -640.00% EPS growth.

Braun Stacey Associates Inc increased Boeing Co (NYSE:BA) stake by 2,955 shares to 60,415 valued at $11.95 million in 2017Q2. It also upped Cummins Inc (NYSE:CMI) stake by 1,984 shares and now owns 136,886 shares. Incyte Corp Com (NASDAQ:INCY) was raised too.

Analysts await Micron Technology, Inc. (NASDAQ:MU) to report earnings on December, 20. They expect $2.12 earnings per share, up 657.14% or $1.84 from last year’s $0.28 per share. MU’s profit will be $2.44 billion for 5.40 P/E if the $2.12 EPS becomes a reality. After $1.99 actual earnings per share reported by Micron Technology, Inc. for the previous quarter, Wall Street now forecasts 6.53% EPS growth.

Since May 15, 2017, it had 0 insider purchases, and 3 insider sales for $650,750 activity. On Tuesday, May 16 the insider Byrne Patrick J sold $408,911. The insider Shirley Brian sold $1.46 million. Another trade for 10,000 shares valued at $300,000 was made by Deboer Scott J on Tuesday, May 30. ARNZEN APRIL S sold $30,750 worth of stock or 1,000 shares.

Investors sentiment increased to 1.08 in Q2 2017. Its up 0.03, from 1.05 in 2017Q1. It is positive, as 63 investors sold MU shares while 217 reduced holdings. 85 funds opened positions while 218 raised stakes. 832.79 million shares or 1.90% less from 848.93 million shares in 2017Q1 were reported. 1.09 million are held by Cibc World Markets. Friess Associate Ltd Liability Corp has 462,250 shares. Macquarie Group reported 0.02% in Micron Technology, Inc. (NASDAQ:MU). Qvt Fin Ltd Partnership has 79,600 shares for 0.06% of their portfolio. Wg Shaheen & Assoc Dba Whitney & Company holds 12,050 shares or 0.12% of its portfolio. Calamos Limited Liability Corp owns 0.04% invested in Micron Technology, Inc. (NASDAQ:MU) for 185,336 shares. Natl Planning Corp invested 0.03% in Micron Technology, Inc. (NASDAQ:MU). 412,502 are held by Balyasny Asset Limited Liability Com. 1St Advisors owns 38,102 shares or 0.13% of their US portfolio. 361,900 are held by Picton Mahoney Asset Mgmt. Captrust Advsrs invested in 0.01% or 3,590 shares. 8,577 are held by Regentatlantic Limited Liability Corporation. Meiji Yasuda Life Com owns 35,366 shares for 0.16% of their portfolio. Fagan Associates holds 37,405 shares. Secor Capital Advsrs Ltd Partnership reported 0.08% in Micron Technology, Inc. (NASDAQ:MU).

Among 42 analysts covering Micron Technology Inc. (NASDAQ:MU), 35 have Buy rating, 1 Sell and 6 Hold. Therefore 83% are positive. Micron Technology Inc. had 187 analyst reports since July 29, 2015 according to SRatingsIntel. On Friday, September 25 the stock rating was maintained by Wedbush with “Neutral”. The firm has “Overweight” rating given on Thursday, March 31 by Pacific Crest. Stifel Nicolaus maintained Micron Technology, Inc. (NASDAQ:MU) rating on Friday, August 18. Stifel Nicolaus has “Buy” rating and $62 target. Loop Capital maintained Micron Technology, Inc. (NASDAQ:MU) on Friday, October 13 with “Buy” rating. On Wednesday, October 5 the stock rating was maintained by Stifel Nicolaus with “Buy”. The company was maintained on Thursday, June 8 by Needham. The stock has “Buy” rating by Cowen & Co on Wednesday, October 12. Cowen & Co maintained it with “Buy” rating and $43.0 target in Wednesday, September 27 report. Deutsche Bank maintained the stock with “Buy” rating in Friday, October 2 report. The stock has “Outperform” rating by Macquarie Research on Tuesday, February 16.


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