Two stocks currently look special: Cree Inc. (CREE) and Micron Technology Inc. (MU)

On Aug 26, WERNER THOMAS H, Director exercised an option 4,000 shares of Cree Inc. (NASDAQ: CREE), with the average selling price of the stock being $27.77 per share. The total amount realized from this exercised an option $111,080. A document was filed with the Securities and Exchange Commission to notify the public about the exercised an option of the shares.

In addition to that, Director – LE DUY LOAN T bought an extra 2,000 shares of this stock in a transaction that took place a day before, on May 20, with a share bought at an average of $60.07 and a total of $120,145 was realized from this transaction. After the transaction, the Director – LE DUY LOAN T was left with 8,442 shares of the company’s stock, which is currently worth around $507110.94.

The recent price movement of CREE means that it is now down by -35.91% from its 52-week high and 28.49% up against its 52-week low prices. Over the past one week, the price volatility of CREE stands at 4.62% while the volatility over the past one month is 4.13%. The beta score for this stock is 0.96. A beta score below 1 means that the stock has a low volatility while above 1 signifies that a stock is highly volatile at that particular moment, a data that traders use to keep tabs on their investments.

The company on 08/20/2019 published its latest quarterly earnings, with the report showing that the company recorded 0.22 earnings per share (EPS) during that period. This report was above the expectations of analysts of 0.12 by 0.1. The revenue by the firm was 239.71M for the quarter.

The shares of Cree Inc. (CREE) dropped by -4.45%, leading to a loss of -$2.07 per share, and saw CREE end the trading session at $44.35 on Friday 10/18/19. CREE started the trading session at $46.15, before reaching a daily high of $46.48. It wasn’t able to sustain that growth though and soon jumped to hit a daily low of $44.15.

The trading volume on Friday stood at 1964872, which was below the stock’s 3-month average volume of 1.65 million shares, out of a total 106.25M shares. As the price of the stock dipped, the market valuation of the company dropped to 4.97 billion.

The shares of Micron Technology Inc. (NASDAQ: MU) went down by -4.46% by the end of the recent trading session. This movement saw its price plunge to close at $43.47, which was lower than the previous closing price of $45.50. Over the past one week, the price of MU has slipped by -3.61%, while it has recorded a loss of -12.75% over the past one month. Its three-month performance saw MU lose -7.88% while its six-month performance saw it surge by 0.16%. The situation is different though over the past one year, as the stock price went up by 2.64%, while its year-to-date (YTD) price performance jumped by 37.00%. The stock price has gone up by +6.81% compared to its 90-day low, while it is down -15.41% compared to its 90-day high price.

Let’s take a look at its short, medium and long-term indicators. Composite Indicators shows that Trendspotter rated the stock as a Sell. In the short-term, the stock has a 20-day average volume of 24,703,709 shares, with the short-term indicators averagely rating the stock as a Hold. A look at its medium-term indicators reveals that it has a 50-Day average volume of 22,043,176 shares and the indicators have an average rating of 50% Buy. The last indicators, the long-term see MU stock with a 100-Day average volume of 26,363,061 shares, giving it an average rating of 100% Buy. A look at the general picture of all short, medium and long-term indicators leaves MU with an average rating of 40% Buy.

Several brokerage firms sent out their reports MU stock not long ago. In its report sent out on September 25, 2019, Cowen lowered its ratings on MU to a Market Perform. In an earlier report on September 18, 2019, Goldman Reiterated the stock to a Buy. Longbow meanwhile in its report on September 11, 2019 Upgrade its rating of the stock from a “Buy” to “Buy”.

In related news to the company’s stock, around 80.50% shares are being held by institutional investors. In a recent SEC filing, the company revealed that 989 institutions currently hold the MU stock. In the last quarter, a 868,871,944 MU shares were in the possession of institutions. On the other hand, the company recorded 90 new institutions who bought it their stock, while 108 institutions sold their entire MU reserve. Of the current institutions investing in the stock, 358 increased their investment while 502 decreased their investment in the stock.