CFO4Life Group LLC Purchases Shares of 2,227 Micron Technology, Inc. $MU

CFO4Life Group LLC purchased a new stake in shares of Micron Technology, Inc. (NASDAQ:MU) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 2,227 shares of the semiconductor manufacturer’s stock, valued at approximately $636,000.

Several other hedge funds have also bought and sold shares of the stock. EverSource Wealth Advisors LLC grew its holdings in Micron Technology by 11.6% during the fourth quarter. EverSource Wealth Advisors LLC now owns 9,627 shares of the semiconductor manufacturer’s stock valued at $2,748,000 after purchasing an additional 997 shares during the period. Americana Partners LLC grew its holdings in Micron Technology by 124.6% during the fourth quarter. Americana Partners LLC now owns 7,425 shares of the semiconductor manufacturer’s stock valued at $2,119,000 after purchasing an additional 4,119 shares during the period. Nixon Peabody Trust Co. bought a new stake in Micron Technology during the fourth quarter valued at about $431,000. Mizuho Markets Americas LLC bought a new stake in Micron Technology during the fourth quarter valued at about $31,395,000. Finally, LSV Asset Management grew its holdings in Micron Technology by 1.2% during the fourth quarter. LSV Asset Management now owns 710,247 shares of the semiconductor manufacturer’s stock valued at $202,712,000 after purchasing an additional 8,600 shares during the period. Institutional investors own 80.84% of the company’s stock.

Micron Technology Price Performance

Shares of Micron Technology stock opened at $751.00 on Friday. The stock’s 50-day simple moving average is $512.03 and its 200-day simple moving average is $388.21. Micron Technology, Inc. has a 52 week low of $90.93 and a 52 week high of $818.67. The company has a market capitalization of $846.93 billion, a price-to-earnings ratio of 35.46 and a beta of 1.91. The company has a quick ratio of 2.32, a current ratio of 2.90 and a debt-to-equity ratio of 0.13.

Micron Technology Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Monday, March 30th were given a $0.15 dividend. The ex-dividend date was Monday, March 30th. This is a positive change from Micron Technology’s previous quarterly dividend of $0.12. This represents a $0.60 annualized dividend and a dividend yield of 0.1%. Micron Technology’s dividend payout ratio (DPR) is presently 2.83%.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Royal Bank Of Canada boosted their price target on Micron Technology from $425.00 to $525.00 and gave the company an “outperform” rating in a report on Monday, March 16th. Melius Research started coverage on Micron Technology in a report on Monday, April 27th. They set a “buy” rating and a $700.00 price target for the company. Wells Fargo & Company boosted their price objective on Micron Technology from $470.00 to $550.00 and gave the company an “overweight” rating in a research report on Thursday, March 19th. Wedbush boosted their price objective on Micron Technology from $320.00 to $500.00 and gave the company an “outperform” rating in a research report on Friday, March 13th. Finally, KeyCorp boosted their price objective on Micron Technology from $450.00 to $600.00 and gave the company an “overweight” rating in a research report on Thursday, March 19th. Five research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $518.47.

Insider Transactions at Micron Technology

In related news, CEO Sanjay Mehrotra sold 40,000 shares of the business’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $536.26, for a total value of $21,450,400.00. Following the sale, the chief executive officer directly owned 424,503 shares in the company, valued at approximately $227,643,978.78. The trade was a 8.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP April S. Arnzen sold 40,000 shares of the business’s stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $347.39, for a total value of $13,895,600.00. Following the completion of the sale, the executive vice president owned 125,737 shares in the company, valued at $43,679,776.43. This represents a 24.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 106,000 shares of company stock valued at $47,032,460 over the last three months. Corporate insiders own 0.24% of the company’s stock.

More Micron Technology News

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

• Positive Sentiment: Micron began manufacturing advanced 1α DRAM at its Manassas, Virginia, fab, a milestone that expands U.S. memory output for AI, automotive, defense, aerospace and industrial customers. The move supports Micron’s long-term growth narrative and reinforces its position as the only U.S. manufacturer of memory chips. Article Title
• Positive Sentiment: Micron’s CEO highlighted the company’s major U.S. DRAM expansion and said the advanced memory technology is increasingly important for critical sectors, underscoring demand and strategic relevance. Article Title
• Positive Sentiment: Analyst and stock-picking coverage remained constructive, with Melius Research reportedly raising its price target to $1,100 and other commentators calling Micron a momentum leader and a key AI memory beneficiary. Article Title
• Neutral Sentiment: Several market articles continued to feature Micron as a prominent AI and memory-chip name, including momentum screens and long-term bull cases, which may support investor attention but do not change fundamentals on their own. Article Title
• Negative Sentiment: Some coverage noted recent volatility in memory-chip stocks and questioned how much upside is already priced in, which could temper enthusiasm after the run-up in the shares. Article Title

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.