Legacy Financial Advisors Inc. Raises Stock Holdings in Micron Technology, Inc. $MU

Legacy Financial Advisors Inc. boosted its holdings in Micron Technology, Inc. (NASDAQ:MU) by 25.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,929 shares of the semiconductor manufacturer’s stock after purchasing an additional 1,211 shares during the period. Legacy Financial Advisors Inc.’s holdings in Micron Technology were worth $992,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of MU. Orleans Capital Management Corp LA purchased a new position in shares of Micron Technology during the 2nd quarter valued at $256,000. iA Global Asset Management Inc. boosted its holdings in shares of Micron Technology by 18.7% in the third quarter. iA Global Asset Management Inc. now owns 146,890 shares of the semiconductor manufacturer’s stock worth $24,578,000 after acquiring an additional 23,117 shares during the period. Cary Street Partners Financial LLC grew its holdings in Micron Technology by 25.0% during the 2nd quarter. Cary Street Partners Financial LLC now owns 26,132 shares of the semiconductor manufacturer’s stock valued at $3,221,000 after buying an additional 5,233 shares in the last quarter. Wealthspire Advisors LLC grew its stake in Micron Technology by 27.8% during the second quarter. Wealthspire Advisors LLC now owns 14,754 shares of the semiconductor manufacturer’s stock valued at $1,818,000 after acquiring an additional 3,208 shares in the last quarter. Finally, Wealthfront Advisers LLC increased its holdings in shares of Micron Technology by 9.8% in the third quarter. Wealthfront Advisers LLC now owns 95,396 shares of the semiconductor manufacturer’s stock worth $15,962,000 after purchasing an additional 8,489 shares during the period. Institutional investors own 80.84% of the company’s stock.

Micron Technology News Roundup

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

• Positive Sentiment: Micron reported a blowout quarter (EPS and revenue well above estimates) and management says HBM supply is largely committed through 2026, supporting near‑term pricing and revenue visibility. MU earnings
• Positive Sentiment: Major sell‑side upgrades and target hikes signal continued analyst confidence (Deutsche Bank to $500; Needham to $450), which can underpin further upside if demand holds. Deutsche Bank Raises Micron Price Target to $500
• Positive Sentiment: Multiple industry pieces highlight Micron as a key beneficiary of the AI-driven memory squeeze (HBM and DRAM structural tightness), reinforcing revenue and margin upside if shortages persist. These 5 Stocks Are at the Center of the AI Supply Squeeze
• Neutral Sentiment: Coverage and stock‑idea lists (buy & hold and ‘high growth’ themes) are raising visibility and flows into MU, which supports liquidity but also can amplify volatility on rotation. 3 High-Growth Stocks To By In February
• Negative Sentiment: Micron’s plan to spend up to ~$200 billion on U.S. fabrication through 2030 raises concerns about execution risk, capital intensity, and dilution of near‑term returns — a worry for some investors despite the strategic logic. Micron’s AI Memory Pivot Tests Valuation
• Negative Sentiment: Competitor capacity plans (e.g., SK Hynix signaling output increases) could ease the current memory bottleneck over time and pressure pricing — a potential headwind to margins if supply growth outpaces demand. SK Hynix Boss Pledges to Boost Output
• Negative Sentiment: After a rapid multi‑quarter rally, some coverage warns that the memory cycle could turn and that the rally already prices in a lot of good news — creating scope for short‑term profit‑taking and volatility. Micron and Its Memory-Chip Peers Are Riding the AI Surge

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Barclays raised their price objective on shares of Micron Technology from $275.00 to $450.00 and gave the company an “overweight” rating in a research report on Friday, January 16th. Citigroup lifted their target price on shares of Micron Technology from $330.00 to $385.00 and gave the stock a “buy” rating in a research report on Thursday, January 15th. KeyCorp boosted their target price on Micron Technology from $325.00 to $450.00 and gave the company an “overweight” rating in a research note on Tuesday, January 13th. Sanford C. Bernstein increased their target price on Micron Technology from $270.00 to $330.00 and gave the company an “outperform” rating in a report on Friday, January 2nd. Finally, Cantor Fitzgerald lifted their price target on Micron Technology from $350.00 to $450.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 14th. Six research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Micron Technology has an average rating of “Buy” and an average price target of $358.38.

Micron Technology Trading Down 1.7%

NASDAQ MU opened at $420.97 on Tuesday. The stock has a market cap of $473.81 billion, a P/E ratio of 40.02 and a beta of 1.51. Micron Technology, Inc. has a fifty-two week low of $61.54 and a fifty-two week high of $455.50. The stock has a 50 day simple moving average of $354.95 and a two-hundred day simple moving average of $245.74. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.78 and a current ratio of 2.46.

Micron Technology (NASDAQ:MU) last announced its earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 EPS for the quarter, beating analysts’ consensus estimates of $3.77 by $1.01. Micron Technology had a return on equity of 22.71% and a net margin of 28.15%.The company had revenue of $13.64 billion during the quarter, compared to the consensus estimate of $12.62 billion. During the same quarter in the prior year, the company earned $1.79 earnings per share. The firm’s revenue for the quarter was up 56.7% on a year-over-year basis. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. On average, analysts forecast that Micron Technology, Inc. will post 6.08 earnings per share for the current year.

Micron Technology Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Monday, December 29th were given a dividend of $0.115 per share. The ex-dividend date was Monday, December 29th. This represents a $0.46 annualized dividend and a dividend yield of 0.1%. Micron Technology’s payout ratio is currently 4.37%.

Insider Buying and Selling

In other Micron Technology news, Director Steven J. Gomo sold 5,000 shares of the firm’s stock in a transaction dated Friday, December 19th. The shares were sold at an average price of $263.63, for a total value of $1,318,150.00. Following the completion of the sale, the director directly owned 19,139 shares in the company, valued at $5,045,614.57. This trade represents a 20.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Manish H. Bhatia sold 26,623 shares of Micron Technology stock in a transaction that occurred on Thursday, January 22nd. The shares were sold at an average price of $391.04, for a total value of $10,410,657.92. Following the sale, the executive vice president directly owned 323,486 shares in the company, valued at approximately $126,495,965.44. The trade was a 7.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders purchased 23,200 shares of company stock valued at $7,821,723 and sold 73,623 shares valued at $27,307,408. Corporate insiders own 0.24% of the company’s stock.

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.