Wick Capital Partners LLC Invests $525,000 in Micron Technology, Inc. $MU

Wick Capital Partners LLC bought a new stake in shares of Micron Technology, Inc. (NASDAQ:MU) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 1,838 shares of the semiconductor manufacturer’s stock, valued at approximately $525,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MU. Mishpacha Holdings Corp acquired a new stake in shares of Micron Technology in the fourth quarter worth $541,000. Banque Transatlantique SA raised its stake in Micron Technology by 19,286.3% during the 4th quarter. Banque Transatlantique SA now owns 101,778 shares of the semiconductor manufacturer’s stock valued at $29,071,000 after purchasing an additional 101,253 shares during the last quarter. Tempo Wealth LLC acquired a new position in Micron Technology during the 4th quarter valued at $2,737,000. MidFirst Bank bought a new stake in Micron Technology in the 4th quarter valued at $414,000. Finally, DGS Capital Management LLC boosted its holdings in Micron Technology by 119.8% in the 4th quarter. DGS Capital Management LLC now owns 3,429 shares of the semiconductor manufacturer’s stock valued at $979,000 after purchasing an additional 1,869 shares during the period. Institutional investors and hedge funds own 80.84% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. Wells Fargo & Company boosted their price objective on shares of Micron Technology from $550.00 to $1,220.00 and gave the stock an “overweight” rating in a report on Monday, June 8th. DA Davidson initiated coverage on Micron Technology in a research report on Monday, May 11th. They set a “buy” rating and a $1,000.00 target price on the stock. Citigroup upped their price target on Micron Technology from $840.00 to $1,200.00 and gave the company a “buy” rating in a report on Wednesday. Deutsche Bank Aktiengesellschaft lifted their price objective on Micron Technology from $1,000.00 to $1,500.00 and gave the stock a “buy” rating in a report on Wednesday. Finally, Wolfe Research raised their target price on Micron Technology from $550.00 to $1,250.00 and gave the stock an “outperform” rating in a research report on Thursday, June 11th. Five investment analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $913.47.

Micron Technology Price Performance

NASDAQ MU opened at $1,133.99 on Friday. The company has a current ratio of 2.90, a quick ratio of 2.32 and a debt-to-equity ratio of 0.13. The stock’s 50 day moving average is $748.09 and its two-hundred day moving average is $493.40. The company has a market capitalization of $1.28 trillion, a price-to-earnings ratio of 53.54 and a beta of 2.16. Micron Technology, Inc. has a 1-year low of $103.38 and a 1-year high of $1,149.43.

Micron Technology (NASDAQ:MU) last issued its earnings results on Wednesday, March 18th. The semiconductor manufacturer reported $12.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $9.19 by $3.01. Micron Technology had a return on equity of 41.16% and a net margin of 41.49%.The business had revenue of $23.86 billion during the quarter, compared to analysts’ expectations of $19.97 billion. During the same period in the prior year, the firm posted $1.56 EPS. Micron Technology’s quarterly revenue was up 196 compared to the same quarter last year. Equities analysts forecast that Micron Technology, Inc. will post 61.51 earnings per share for the current fiscal year.

Key Micron Technology News

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

• Positive Sentiment: Multiple firms raised price targets on Micron (MU), citing stronger DRAM/NAND pricing, AI-driven memory demand, and rising data-center sales. Wedbush lifted its target to $1,300, while other reports pointed to even higher bullish targets, signaling continued confidence ahead of earnings. Article Title
• Positive Sentiment: Micron’s U.S. capacity expansion and advanced 1-alpha DRAM production were highlighted as strategic moves that could support long-term AI infrastructure demand, reinforcing the company’s role as a key memory supplier for AI data centers. Article Title
• Positive Sentiment: Several articles say MU is likely to beat fiscal Q3 estimates thanks to tight memory supply, strong pricing power, and new chip ramp-up, which would extend the company’s recent run and keep AI-related optimism alive. Article Title
• Neutral Sentiment: Investors are treating Micron’s June 24 earnings report as a key read-through on whether the AI-driven chip rally still has room to run. That makes the stock a high-expectation name going into results, but not automatically one with easy upside from here. Article Title
• Neutral Sentiment: Some commentary also suggests Micron (MU) could see a volatile reaction even if earnings are good, since the stock has already had a huge run and expectations are elevated. Article Title
• Negative Sentiment: Bearish pieces warn that Micron’s upcoming report is a “tough earnings test,” with some arguing the stock could fall if the company merely meets expectations instead of dramatically exceeding them. Article Title
• Negative Sentiment: SK Hynix’s plan to expand memory production over the next five years was flagged as a competitive risk for MU, potentially pressuring pricing and margins later if supply growth outpaces demand. Article Title

Insider Buying and Selling

In related news, EVP Sumit Sadana sold 24,000 shares of the business’s stock in a transaction on Friday, April 10th. The stock was sold at an average price of $421.35, for a total value of $10,112,400.00. Following the sale, the executive vice president owned 224,021 shares of the company’s stock, valued at $94,391,248.35. The trade was a 9.68% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP April S. Arnzen sold 40,000 shares of the company’s stock in a transaction on Wednesday, April 1st. The shares were 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 trade represents a 24.13% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 146,000 shares of company stock worth $85,486,715 in the last quarter. Corporate insiders own 0.24% of the company’s stock.

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.