Institutional investors in Micron Tech watch market cap decrease. Long-term gains prevail.

February 18, 2024


Key Points:

  • Institutional investors in Micron Technology, Inc. (NASDAQ:MU) saw a US$6.7 billion decrease in market cap last week.
  • The long-term gains have benefitted institutional investors, with a 36% one-year return, despite recent losses.

Article Summary:

Institutional investors in Micron Technology, Inc. (NASDAQ:MU) hold a majority stake in the company, making their trading decisions crucial for the stock price. A total of 25 investors have significant ownership, with the largest shareholder being institutions with an 82% stake. Despite a recent 7.1% drop in value, the 36% one-year returns may have offset the losses for these investors. The influence of institutional ownership on board decisions is significant, as hedge funds do not own the company.

Insiders hold under 1% of the company’s shares, with ownership worth US$243 million. Board members and management run the business, with slight insider ownership. The general public holds a 17% ownership, allowing individual investors to have some influence on the company’s direction.

Analyst sentiments and future growth predictions are essential factors to consider in addition to ownership breakdown. It’s crucial to assess the full picture before making investment decisions related to Micron Technology.

For a more comprehensive analysis, including valuation estimates, risks, dividends, and insider transactions, readers can access the free research report provided. The article serves as a general commentary based on historical data and analyst forecasts, aiming to offer unbiased insights for investors.

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