Micron Technology, Inc. (NASDAQ:MU) in a report published on June 11, Bank of America analyst Simon Dong-je Woo upgraded the rating on MU’s stock from Underperform to Buy, and raised the price target from $22.00 to $40.00. Micron Technology, Inc. (NASDAQ:MU), net profit margin is 21.30% and weekly performance is 9.28%. On last trading day company shares ended up $32.25. Analysts mean target price for the company is $32.70. Micron Technology, Inc. (NASDAQ:MU), distance from 50-day simple moving average (SMA50) is 21.74%.
On June 11, 2014, Rambus Inc. (NASDAQ:RMBS), announced that Qualcomm Global Trading Pte. Ltd., a subsidiary of Qualcomm Incorporated, has entered into a license for the CryptoManager™ security and feature management platform developed by the Cryptography Research (CRI) division of Rambus. The CryptoManager solution will provide Qualcomm Incorporated and its subsidiaries with an advanced key provisioning hardware solution for their integrated circuit systems on a chip (SoCs), as well as an Infrastructure Suite for security throughout the SoC manufacturing processes. Rambus Inc. (NASDAQ:RMBS), advanced 1.53% in last trading session and ended the day on $14.60. RMBS, Gross Margin is 87.00% and its return on assets is -2.30%. Rambus Inc. (NASDAQ:RMBS), quarterly performance is 38.26%.
On June 03, 2014, Heritage Global Partners (“HGP”), a global leader in asset advisory and auction services and a subsidiary of Heritage Global Inc. (OTCQB:HGBL and CSE:HGP), announced that it has been retained by MEMC Electronic Materials SpA, a SunEdison Semiconductor Limited (NASDAQ:SEMI), to secure an enterprise buyer for the entirety of its proven polysilicon production processes in Merano, Italy. SunEdison Semiconductor Limited develops, manufactures, and sells silicon wafers to the semiconductor industry. SunEdison Semiconductor Limited (NASDAQ:SEMI), shares moved down 0.41% in last trading session and was closed at $17.21, while trading in range of $16.84 – 17.53. SunEdison Semiconductor Limited (NASDAQ:SEMI), year to date (YTD) performance is 14.73%.
SemiLEDs Corporation (NASDAQ:LEDS), ended the last trading day at $1.07. Company weekly volatility is calculated as 5.84% and price to cash ratio as 1.07. SemiLEDs Corporation (NASDAQ:LEDS), showed a positive weekly performance of 3.88%.
Netlist, Inc. (NASDAQ:NLST), CEO Chun Hong sold 350,000 shares of Netlist stock in a transaction that occurred on Monday, May 19th. The shares were sold at an average price of $1.29, for a total value of $451,500.00. Following the completion of the transaction, the chief executive officer now directly owns 85,568 shares in the company, valued at approximately $110,383. Netlist, Inc. (NASDAQ:NLST), net profit margin is -39.80% and weekly performance is -7.83%. On last trading day company shares ended up $1.06. Analysts mean target price for the company is $3.00. Netlist, Inc. (NASDAQ:NLST), distance from 50-day simple moving average (SMA50) is -27.04