Frazier Financial Advisors LLC Sells 702 Shares of Micron Technology, Inc. $MU

Frazier Financial Advisors LLC trimmed its holdings in Micron Technology, Inc. (NASDAQ:MU) by 71.4% in the 4th quarter, HoldingsChannel reports. The firm owned 281 shares of the semiconductor manufacturer’s stock after selling 702 shares during the quarter. Frazier Financial Advisors LLC’s holdings in Micron Technology were worth $80,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in MU. AQR Capital Management LLC boosted its stake in Micron Technology by 411.9% in the 3rd quarter. AQR Capital Management LLC now owns 3,627,022 shares of the semiconductor manufacturer’s stock worth $606,873,000 after purchasing an additional 2,918,535 shares during the period. Vanguard Group Inc. boosted its stake in Micron Technology by 1.9% in the 4th quarter. Vanguard Group Inc. now owns 106,608,094 shares of the semiconductor manufacturer’s stock worth $30,427,016,000 after purchasing an additional 1,954,644 shares during the period. California Public Employees Retirement System boosted its stake in Micron Technology by 70.2% in the 3rd quarter. California Public Employees Retirement System now owns 3,023,799 shares of the semiconductor manufacturer’s stock worth $505,942,000 after purchasing an additional 1,246,773 shares during the period. Voloridge Investment Management LLC boosted its stake in Micron Technology by 1,064.3% in the 3rd quarter. Voloridge Investment Management LLC now owns 1,304,471 shares of the semiconductor manufacturer’s stock worth $218,264,000 after purchasing an additional 1,192,433 shares during the period. Finally, Wellington Management Group LLP boosted its stake in Micron Technology by 19.9% in the 3rd quarter. Wellington Management Group LLP now owns 7,150,530 shares of the semiconductor manufacturer’s stock worth $1,196,427,000 after purchasing an additional 1,188,296 shares during the period. 80.84% of the stock is currently owned by institutional investors.

Key Headlines Impacting Micron Technology

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

Insider Buying and Selling

In related news, EVP Sumit Sadana sold 24,000 shares of the stock in a transaction on Friday, April 10th. The stock was sold at an average price of $421.35, for a total transaction of $10,112,400.00. Following the sale, the executive vice president owned 224,021 shares in the company, valued at approximately $94,391,248.35. This represents a 9.68% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Steven J. Gomo sold 2,000 shares of the stock in a transaction on Monday, May 11th. The shares were sold at an average price of $787.03, for a total value of $1,574,060.00. Following the sale, the director owned 17,139 shares in the company, valued at $13,488,907.17. The trade was a 10.45% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 106,000 shares of company stock worth $47,032,460. 0.24% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

MU has been the subject of several recent analyst reports. UBS Group upped their price target on Micron Technology from $510.00 to $535.00 and gave the stock a “buy” rating in a research note on Wednesday, April 8th. Barclays upped their price target on Micron Technology from $450.00 to $675.00 and gave the stock an “overweight” rating in a research note on Thursday, March 19th. Phillip Securities upgraded Micron Technology to a “strong-buy” rating in a research note on Monday, February 2nd. Wedbush upped their price target on Micron Technology from $320.00 to $500.00 and gave the stock an “outperform” rating in a research note on Friday, March 13th. Finally, Deutsche Bank Aktiengesellschaft increased their target price on Micron Technology from $500.00 to $550.00 and gave the company a “buy” rating in a research report on Thursday, March 19th. Five research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $518.47.

Micron Technology Stock Down 1.5%

NASDAQ MU opened at $751.00 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.32 and a current ratio of 2.90. The company has a market capitalization of $846.93 billion, a P/E ratio of 35.46 and a beta of 1.91. Micron Technology, Inc. has a one year low of $90.93 and a one year high of $818.67. The stock has a 50 day moving average price of $512.03 and a 200-day moving average price of $388.21.

Micron Technology Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Monday, March 30th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.1%. The ex-dividend date was Monday, March 30th. This is a boost from Micron Technology’s previous quarterly dividend of $0.12. Micron Technology’s payout ratio is currently 2.83%.

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.