Micron Technology, Inc. $MU Shares Sold by Grant Private Wealth Management Inc

Grant Private Wealth Management Inc cut its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 36.6% in the 4th quarter, Holdings Channel reports. The fund owned 3,464 shares of the semiconductor manufacturer’s stock after selling 2,000 shares during the quarter. Grant Private Wealth Management Inc’s holdings in Micron Technology were worth $989,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. REAP Financial Group LLC acquired a new position in shares of Micron Technology in the third quarter valued at approximately $25,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of Micron Technology during the third quarter worth $27,000. Cullen Frost Bankers Inc. grew its position in Micron Technology by 79.3% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 199 shares of the semiconductor manufacturer’s stock valued at $33,000 after buying an additional 88 shares during the last quarter. Osterweis Capital Management Inc. grew its position in Micron Technology by 205.5% in the 3rd quarter. Osterweis Capital Management Inc. now owns 223 shares of the semiconductor manufacturer’s stock valued at $37,000 after buying an additional 150 shares during the last quarter. Finally, Strive Asset Management LLC acquired a new position in Micron Technology in the 3rd quarter valued at $39,000. 80.84% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have commented on MU. Needham & Company LLC upped their price objective on shares of Micron Technology from $450.00 to $500.00 and gave the stock a “buy” rating in a research report on Thursday. The Goldman Sachs Group lifted their target price on shares of Micron Technology from $360.00 to $400.00 and gave the company a “neutral” rating in a report on Thursday. Wall Street Zen raised shares of Micron Technology from a “buy” rating to a “strong-buy” rating in a report on Sunday, November 23rd. TD Cowen raised their price objective on shares of Micron Technology from $450.00 to $500.00 and gave the company a “buy” rating in a research report on Monday. Finally, UBS Group lifted their price objective on Micron Technology from $475.00 to $510.00 and gave the company a “buy” rating in a report on Thursday. Five investment analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $453.55.

Micron Technology Stock Performance

NASDAQ:MU opened at $444.27 on Friday. The firm’s fifty day simple moving average is $401.09 and its 200-day simple moving average is $280.93. The company has a quick ratio of 1.78, a current ratio of 2.46 and a debt-to-equity ratio of 0.19. The stock has a market cap of $500.03 billion, a PE ratio of 20.98 and a beta of 1.50. Micron Technology, Inc. has a fifty-two week low of $61.54 and a fifty-two week high of $471.34.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings data on Wednesday, March 18th. The semiconductor manufacturer reported $12.20 EPS for the quarter, beating the consensus estimate of $8.50 by $3.70. The firm had revenue of $23.86 billion during the quarter, compared to analysts’ expectations of $18.90 billion. Micron Technology had a net margin of 41.49% and a return on equity of 44.53%. The business’s revenue for the quarter was up 196.3% compared to the same quarter last year. During the same quarter last year, the business earned $1.56 earnings per share. Analysts expect that Micron Technology, Inc. will post 6.08 earnings per share for the current fiscal year.

Micron Technology Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Monday, March 30th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date is Monday, March 30th. This is a positive change from Micron Technology’s previous quarterly dividend of $0.12. Micron Technology’s payout ratio is 2.17%.

Insider Buying and Selling at Micron Technology

In related news, EVP Manish H. Bhatia sold 26,623 shares of the firm’s stock in a transaction that occurred on Thursday, January 22nd. The stock was sold at an average price of $391.04, for a total value of $10,410,657.92. Following the completion of the transaction, the executive vice president directly owned 323,486 shares of the company’s stock, valued at $126,495,965.44. This trade represents a 7.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Teyin M. Liu acquired 7,820 shares of Micron Technology stock in a transaction that occurred on Wednesday, January 14th. The shares were purchased at an average cost of $337.50 per share, with a total value of $2,639,250.00. Following the completion of the acquisition, the director owned 25,910 shares of the company’s stock, valued at $8,744,625. The trade was a 43.23% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last three months, insiders have bought 23,200 shares of company stock worth $7,821,723 and have sold 68,623 shares worth $25,989,258. Insiders own 0.24% of the company’s stock.

Trending Headlines about Micron Technology

Here are the key news stories impacting Micron Technology this week:

• Positive Sentiment: Q2 blowout: record revenue, huge margin expansion and aggressive Q3 guidance that highlights ongoing AI/HBM demand — underpins multi‑year growth thesis. Micron’s Mic-Drop Quarter: AI Memory Demand Supercharged Earnings
• Positive Sentiment: Wall Street is raising targets: numerous firms bumped price targets (several into the $500s–$700s) and reiterated buys, reflecting confidence in pricing power and tight supply. Micron Stock Forecast Soars as Analysts See ‘No Indication of Slowing Momentum’
• Positive Sentiment: Capital returns: Micron raised its quarterly dividend ~30% to $0.15, signaling confidence in cash flow generation. (Company release)
• Neutral Sentiment: Product/capacity updates: Micron is ramping HBM4 and PCIe Gen6 SSDs and says much of near‑term capacity is sold out — positive for pricing but tied to execution risk. Micron’s New HBM4 And PCIe Gen6 SSDs Test Lofty AI Valuation
• Negative Sentiment: Higher capex and spending plans worried investors: management flagged a meaningful spending ramp to expand capacity/quality, which investors fear could pressure free cash flow and cap current margin momentum. Micron shares slip as hefty spending plans eclipse strong AI-fueled earnings
• Negative Sentiment: Sell‑the‑news / downgrade pressure: despite the beat, some investors trimmed positions and at least one bearish note flagged increasing HBM competition (Samsung entering NVIDIA supply chain) and cyclical risk, prompting a pullback. Micron: Entering The Danger Zone (Rating Downgrade)

About Micron Technology

Micron Technology, Inc is a global semiconductor company that designs and manufactures memory and storage solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, solid-state drives (SSDs), memory modules and embedded memory solutions for a wide range of computing and electronic devices. Micron supplies components used in data centers, enterprise and cloud infrastructure, client computing, mobile devices, automotive systems and industrial applications, and also markets consumer-facing products under the Crucial brand.

Founded in 1978 and headquartered in Boise, Idaho, Micron has grown into an international manufacturer with research, development and production facilities across multiple regions.