Three Seasons Wealth LLC Purchases 9,935 Shares of Micron Technology, Inc. $MU

Three Seasons Wealth LLC lifted its holdings in Micron Technology, Inc. (NASDAQ:MU) by 340.0% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 12,857 shares of the semiconductor manufacturer’s stock after buying an additional 9,935 shares during the period. Micron Technology makes up approximately 0.3% of Three Seasons Wealth LLC’s portfolio, making the stock its 18th biggest holding. Three Seasons Wealth LLC’s holdings in Micron Technology were worth $3,671,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of MU. Sunflower Bank N.A. lifted its holdings in Micron Technology by 2.1% during the fourth quarter. Sunflower Bank N.A. now owns 1,668 shares of the semiconductor manufacturer’s stock worth $476,000 after acquiring an additional 34 shares during the period. Rialto Wealth Management LLC grew its stake in Micron Technology by 3.5% in the 4th quarter. Rialto Wealth Management LLC now owns 1,061 shares of the semiconductor manufacturer’s stock valued at $303,000 after purchasing an additional 36 shares during the period. Montecito Bank & Trust grew its stake in Micron Technology by 0.7% in the 4th quarter. Montecito Bank & Trust now owns 5,487 shares of the semiconductor manufacturer’s stock valued at $1,566,000 after purchasing an additional 40 shares during the period. Leonard Rickey Investment Advisors P.L.L.C. increased its position in shares of Micron Technology by 0.3% during the 4th quarter. Leonard Rickey Investment Advisors P.L.L.C. now owns 13,831 shares of the semiconductor manufacturer’s stock valued at $3,947,000 after purchasing an additional 43 shares during the last quarter. Finally, Regent Peak Wealth Advisors LLC increased its position in shares of Micron Technology by 1.8% during the 4th quarter. Regent Peak Wealth Advisors LLC now owns 2,552 shares of the semiconductor manufacturer’s stock valued at $728,000 after purchasing an additional 45 shares during the last quarter. 80.84% of the stock is owned by institutional investors.

Micron Technology Trading Up 4.8%

Shares of MU opened at $337.27 on Wednesday. Micron Technology, Inc. has a fifty-two week low of $61.54 and a fifty-two week high of $471.34. The business has a 50-day moving average of $404.83 and a 200 day moving average of $296.51. The firm has a market cap of $380.35 billion, a P/E ratio of 15.92 and a beta of 1.50. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.32 and a current ratio of 2.90.

Micron Technology Increases Dividend

The firm 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 $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.2%. This is an increase from Micron Technology’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend is Monday, March 30th. Micron Technology’s payout ratio is presently 2.83%.

Insider Buying and Selling at Micron Technology

In related news, CAO Scott R. Allen sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $337.50, for a total transaction of $675,000.00. Following the sale, the chief accounting officer directly owned 38,237 shares in the company, valued at approximately $12,904,987.50. This represents a 4.97% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, 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 transaction 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 approximately $126,495,965.44. This trade represents a 7.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have purchased 23,200 shares of company stock valued at $7,821,723 and have sold 53,623 shares valued at $21,832,908. 0.24% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of brokerages recently weighed in on MU. Bank of America boosted their price target on shares of Micron Technology from $400.00 to $500.00 and gave the stock a “buy” rating in a report on Thursday, March 19th. Summit Insights downgraded shares of Micron Technology from a “buy” rating to a “hold” rating in a report on Thursday, March 19th. Stifel Nicolaus lifted their price objective on shares of Micron Technology from $360.00 to $550.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. Wells Fargo & Company boosted their target price on shares of Micron Technology from $470.00 to $550.00 and gave the company an “overweight” rating in a research note on Thursday, March 19th. Finally, Royal Bank Of Canada increased their target price on shares of Micron Technology from $425.00 to $525.00 and gave the company an “outperform” rating in a research report on Monday, March 16th. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $463.71.

Key Stories Impacting Micron Technology

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

• Positive Sentiment: Strong AI / HBM demand supports revenue and pricing power — analysts and market commentary highlight booming high-bandwidth memory (HBM) demand for AI servers, which is driving rising prices and expanding margins for Micron. Can Micron Capitalize on Rising HBM Demand?
• Positive Sentiment: Debt management action — Micron announced pricing for cash tender offers on certain outstanding senior notes, a move that can improve its debt profile and interest-cost flexibility. That was received favorably by some investors. Tender Offer Pricing
• Positive Sentiment: Dividend reinstatement / bump noted — coverage flagged Micron among stocks boosting dividends, which can attract income-focused holders and signal confidence in the balance sheet. Dividend Bumps Article
• Neutral Sentiment: Analyst target cut but buy rating maintained — Citi trimmed its price target from $510 to $425 while keeping a Buy rating, a sign of reduced upside expectations even as analysts still back the company. Citi Price Target Cut
• Negative Sentiment: Algorithmic compression fears (TurboQuant / Google) dent demand outlook — reports that new AI memory-compression methods could reduce memory needs sparked sectorwide jitters and contributed to recent downdrafts in MU. TurboQuant / Algorithm Concerns
• Negative Sentiment: Capex and spending plans overshadow earnings — coverage notes that large planned expenditures to add capacity have dampened enthusiasm after otherwise strong AI-driven results, fueling recent selling pressure. Capex Concerns Article
• Negative Sentiment: Warnings about valuation and momentum fatigue — some bloggers and commentators caution that MU’s rapid run (multiple-hundred-percent gains over the past year) raises near-term risk after the earnings-led pullback. Investment Blogger Warning
• Negative Sentiment: Insider selling highlighted — summaries of recent filings show extensive insider sales in recent months, which some investors view as a cautionary signal. Insider Trading Summary

Micron Technology Company Profile

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.