Micron Technology, Inc. $MU Shares Sold by Prestige Wealth Management Group LLC

Prestige Wealth Management Group LLC lessened its stake in Micron Technology, Inc. (NASDAQ:MU) by 80.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 358 shares of the semiconductor manufacturer’s stock after selling 1,480 shares during the quarter. Prestige Wealth Management Group LLC’s holdings in Micron Technology were worth $60,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. REAP Financial Group LLC acquired a new stake in shares of Micron Technology in the 3rd quarter worth $25,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in Micron Technology during the third quarter worth about $27,000. Cullen Frost Bankers Inc. increased its position in Micron Technology by 79.3% during the third quarter. Cullen Frost Bankers Inc. now owns 199 shares of the semiconductor manufacturer’s stock worth $33,000 after purchasing an additional 88 shares during the last quarter. First Command Advisory Services Inc. raised its stake in Micron Technology by 225.0% during the second quarter. First Command Advisory Services Inc. now owns 221 shares of the semiconductor manufacturer’s stock worth $27,000 after purchasing an additional 153 shares during the period. Finally, Howard Hughes Medical Institute acquired a new position in Micron Technology in the 2nd quarter valued at about $30,000. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: TD Cowen raised its long‑term EPS scenario for MU to as much as $60 for 2026, lifting upside earnings expectations and reinforcing a bullish fundamental thesis for Micron. What TD Cowen’s $60 EPS Call Means for Micron Technology (MU)
• Positive Sentiment: Coverage pieces highlight Micron’s strategic pivot into AI memory (HBM), reporting multi‑year commitments to hyperscalers and planned U.S. fab expansion to meet AI demand — a structural tailwind for revenue and pricing power. Micron’s AI Memory Pivot Tests Valuation As US Fab Spending Surges
• Positive Sentiment: Sector pieces place MU among the handful of firms at the center of an AI memory supply squeeze (HBM/DRAM shortage themes), noting recent revenue and EPS beats that validate stronger forward estimates. These 5 Stocks Are at the Center of the AI Supply Squeeze
• Positive Sentiment: Mainstream commentary (Forbes, Barron’s followups) argues the AI memory boom may have more room to run given tight supply and rising memory intensity per AI model — supporting a continued bullish case for MU. Micron Stock: Is The AI Memory Boom Just Beginning?
• Neutral Sentiment: Micron confirmed its fiscal Q2 earnings call for Mar. 18 — a near‑term catalyst that can amplify volatility (beat could push shares higher; a miss could trigger further selling). Webcast details are on Micron’s IR site. Micron Technology to Report Fiscal Second Quarter Results on March 18, 2026
• Neutral Sentiment: Analysts and commentators are discussing a possible stock split after a ~300% one‑year run; splits don’t change fundamentals but can broaden retail demand — mostly speculative until announced by Micron. Will Micron Technology Stock Split?
• Negative Sentiment: Short‑term price weakness: recent sessions show MU pulling back more than the market, consistent with profit‑taking after a rapid rally; that increases volatility ahead of earnings. Micron (MU) Suffers a Larger Drop Than the General Market: Key Insights
• Negative Sentiment: Risk pieces warn the AI/memory cycle could cool or re‑rate if capacity adds, pricing normalizes, or demand growth slows — a reminder that elevated expectations are priced in and downside risk exists. Micron and Its Memory-Chip Peers Are Riding the AI Surge. How and When It Could Turn Sour.

Insider Buying and Selling at Micron Technology

In other Micron Technology news, EVP April S. Arnzen sold 15,000 shares of the firm’s stock in a transaction on Monday, December 22nd. The stock was sold at an average price of $277.09, for a total value of $4,156,350.00. Following the sale, the executive vice president directly owned 165,618 shares in the company, valued at $45,891,091.62. This trade represents a 8.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Teyin M. Liu purchased 7,820 shares of the firm’s stock in a transaction on Wednesday, January 14th. The shares were acquired 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 directly owned 25,910 shares in the company, valued at $8,744,625. The trade was a 43.23% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders bought 23,200 shares of company stock worth $7,821,723 and sold 73,623 shares worth $27,307,408. Company insiders own 0.24% of the company’s stock.

Micron Technology Price Performance

Micron Technology stock opened at $418.01 on Wednesday. The company has a quick ratio of 1.78, a current ratio of 2.46 and a debt-to-equity ratio of 0.19. Micron Technology, Inc. has a 52-week low of $61.54 and a 52-week high of $455.50. The firm has a market cap of $470.47 billion, a PE ratio of 39.73 and a beta of 1.52. The company’s 50 day moving average is $358.66 and its two-hundred day moving average is $247.85.

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

Micron Technology Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 14th. Stockholders of record on Monday, December 29th were issued a $0.115 dividend. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Monday, December 29th. Micron Technology’s dividend payout ratio (DPR) is presently 4.37%.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. JPMorgan Chase & Co. raised their price target on shares of Micron Technology from $220.00 to $350.00 and gave the stock an “overweight” rating in a report on Thursday, December 18th. William Blair began coverage on Micron Technology in a research report on Thursday, January 22nd. They issued an “outperform” rating on the stock. Wells Fargo & Company upped their price target on Micron Technology from $335.00 to $410.00 and gave the company an “overweight” rating in a research note on Thursday, January 15th. Morgan Stanley raised their price objective on Micron Technology from $350.00 to $450.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 11th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $500.00 target price on shares of Micron Technology in a research report on Tuesday, January 20th. Six investment 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 stock. According to MarketBeat.com, Micron Technology has an average rating of “Buy” and an average price target of $358.38.

Micron Technology 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.