Sax Wealth Advisors LLC Acquires New Holdings in Micron Technology, Inc. $MU

Posted by Chris Copeland on Mar 27th, 2026

Sax Wealth Advisors LLC bought a new stake in Micron Technology, Inc. (NASDAQ:MU – Free Report) in the fourth quarter, Holdings Channel.com reports. The institutional investor bought 2,151 shares of the semiconductor manufacturer’s stock, valued at approximately $614,000.

Other hedge funds also recently modified their holdings of the company. Brighton Jones LLC lifted its stake in shares of Micron Technology by 18.3% in the 4th quarter. Brighton Jones LLC now owns 6,318 shares of the semiconductor manufacturer’s stock valued at $532,000 after purchasing an additional 976 shares during the last quarter. Sivia Capital Partners LLC boosted its holdings in Micron Technology by 21.7% in the second quarter. Sivia Capital Partners LLC now owns 3,528 shares of the semiconductor manufacturer’s stock worth $435,000 after purchasing an additional 628 shares in the last quarter. United Bank acquired a new position in Micron Technology during the second quarter worth $236,000. Schnieders Capital Management LLC. increased its position in Micron Technology by 67.9% during the second quarter. Schnieders Capital Management LLC. now owns 16,984 shares of the semiconductor manufacturer’s stock worth $2,093,000 after buying an additional 6,867 shares during the last quarter. Finally, Global Retirement Partners LLC bought a new position in Micron Technology during the second quarter valued at about $1,922,000. Institutional investors and hedge funds own 80.84% of the company’s stock.

Insider Activity at Micron Technology

In related news, Director Teyin M. Liu purchased 11,600 shares of the firm’s stock in a transaction on Tuesday, January 13th. The shares were bought at an average cost of $337.07 per share, for a total transaction of $3,910,012.00. Following the transaction, the director directly owned 14,310 shares of the company’s stock, valued at approximately $4,823,471.70. This trade represents a 428.04% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Manish H. Bhatia sold 26,623 shares of the business’s stock in a transaction dated 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 transaction, the executive vice president owned 323,486 shares in the company, valued at approximately $126,495,965.44. The trade was a 7.60% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders acquired 23,200 shares of company stock worth $7,821,723 and sold 53,623 shares worth $21,832,908. 0.24% of the stock is owned by company insiders.

Micron Technology Stock Performance

MU opened at $355.43 on Friday. The firm has a market capitalization of $400.83 billion, a P/E ratio of 16.78 and a beta of 1.50. The stock’s 50 day moving average price is $406.31 and its two-hundred day moving average price is $290.29. 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, Inc. has a 12-month low of $61.54 and a 12-month high of $471.34.

Micron Technology Increases Dividend

The firm also recently disclosed 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 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 0.2%. The ex-dividend date of this dividend is Monday, March 30th. Micron Technology’s dividend payout ratio (DPR) is currently 2.17%.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on MU shares. Rosenblatt Securities reiterated a “buy” rating and set a $500.00 price target on shares of Micron Technology in a research note on Monday, March 16th. Wedbush boosted their target price on Micron Technology from $320.00 to $500.00 and gave the stock an “outperform” rating in a report on Friday, March 13th. Barclays upped their target price on Micron Technology from $450.00 to $675.00 and gave the stock an “overweight” rating in a research report on Thursday, March 19th. UBS Group increased their price target on Micron Technology from $475.00 to $510.00 and gave the company a “buy” rating in a report on Thursday, March 19th. Finally, Morgan Stanley lifted their price target on shares of Micron Technology from $350.00 to $450.00 and gave the company an “overweight” rating in a research report on Wednesday, February 11th. Five investment analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, Micron Technology has an average rating of “Buy” and a consensus target price of $466.75.

Read Our Latest Research Report on Micron Technology

Key Micron Technology News

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

Positive Sentiment: Wall Street remains constructive: Micron has been one of the most upgraded names in 2026 with elevated price targets and a bullish analyst consensus that suggests meaningful upside from current levels. MarketBeat: Analyst Optimism — Most Upgraded Stocks of 2026
Positive Sentiment: Fundamentals remain strong: management reported a blockbuster quarter with revenue and margin expansion driven by AI/DRAM demand and HBM shortages, supporting long‑term earnings upside. 24/7 Wall St.: Micron’s Future Hinges on 2 Emerging Challenges
Neutral Sentiment: Balance‑sheet action: Micron launched cash tender offers to buy back multiple series of senior notes (offers expire March 31), a debt‑management move that reduces outstanding debt but may create short‑term noise around cash use and capital allocation. GlobeNewswire: Micron Announces Cash Tender Offers
Negative Sentiment: New AI compression research from Google raised fears that LLMs could require far less memory (reports cite up to ~6x reduction), directly threatening future DRAM/HBM demand assumptions for data‑center customers. CNBC: Google AI breakthrough pressures memory chip stocks
Negative Sentiment: Demand/order concerns and downgrades: analysts and note‑writers flagged potential softness in DRAM orders, concentration risk among large buyers and the possibility that some orders were front‑loaded — prompting downgrades and caution. Seeking Alpha: Micron — Softness in DRAM Orders (Downgrade)
Negative Sentiment: Quant and technical selling amplified the pullback: chart weakness and algorithmic strategies (reported in market commentary) have hit memory names, accelerating profit‑taking after a multi‑hundred‑percent rally. Barron’s: Semiconductor Stocks Are Losing Momentum — Nvidia and Micron Charts
Negative Sentiment: Broader market pressure: geopolitical headlines and a risk‑off move (oil surge, market declines) weighed on cyclical and tech names, contributing to intraday weakness in Micron alongside peers. Yahoo Finance: Stock Market Today — Dow Drops; Micron Tumbles

Micron Technology Company Profile

(Free Report)

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.