Worth Asset Management LLC Invests $2.05 Million in Micron Technology, Inc. $MU

Worth Asset Management LLC acquired a new position in shares of Micron Technology, Inc. (NASDAQ:MU) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund acquired 12,277 shares of the semiconductor manufacturer’s stock, valued at approximately $2,054,000. Micron Technology makes up 0.9% of Worth Asset Management LLC’s portfolio, making the stock its 23rd biggest position.

A number of other hedge funds and other institutional investors also recently bought and sold shares of MU. Perigon Wealth Management LLC grew its holdings in Micron Technology by 8.9% in the third quarter. Perigon Wealth Management LLC now owns 39,716 shares of the semiconductor manufacturer’s stock worth $6,645,000 after purchasing an additional 3,262 shares during the last quarter. Sapient Capital LLC boosted its position in shares of Micron Technology by 6.5% in the 3rd quarter. Sapient Capital LLC now owns 6,544 shares of the semiconductor manufacturer’s stock worth $1,073,000 after purchasing an additional 401 shares in the last quarter. Mayflower Financial Advisors LLC boosted its position in shares of Micron Technology by 2.2% in the 3rd quarter. Mayflower Financial Advisors LLC now owns 3,937 shares of the semiconductor manufacturer’s stock worth $659,000 after purchasing an additional 85 shares in the last quarter. Bard Financial Services Inc. purchased a new position in Micron Technology during the 3rd quarter worth $204,000. Finally, FSM Wealth Advisors LLC acquired a new position in Micron Technology during the 3rd quarter valued at about $249,000. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Micron Technology News Summary

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

• Positive Sentiment: Q1 FY2026 results and guidance surprised to the upside (revenue, EPS, record free cash flow) and management signaled continued AI / HBM demand and accelerating momentum — this is the core bullish engine behind recent price strength and analyst upgrades. Read More.
• Positive Sentiment: Shares extended a record‑high streak (multiday highs) as traders bought the earnings narrative and AI memory tailwinds; that momentum lifted MU into many “top stock” and “start strong” lists for 2026. Read More.
• Positive Sentiment: Brokerage and media pieces highlighting Micron as a key beneficiary of the AI/memory supercycle (and as a hardware pick ahead of a gadget/AI boom) are supporting buying interest and raised price targets. Read More.
• Neutral Sentiment: Industry roundup articles list MU among undervalued/strong hardware names to watch for 2026; useful for longer‑term positioning but less likely to move intraday volume materially. Read More.
• Neutral Sentiment: Similar thematic pieces group MU with other hardware/AI winners for 2026; these reinforce narrative exposure to AI memory demand but are broader market commentary rather than company‑specific catalysts. Read More.
• Neutral Sentiment: Consumer pieces on monetizing MU shares (covered income strategies) reflect retail interest and higher retail participation after the run, but these are tactical/derivative stories rather than fundamental drivers. Read More.
• Negative Sentiment: A company director recently sold about $1.32M of MU stock — a potential trigger for short‑term profit taking and an item some investors watch as a cautionary signal (though size is modest vs. market cap). Read More.

Wall Street Analysts Forecast Growth

MU has been the subject of several recent analyst reports. JPMorgan Chase & Co. raised their price target on Micron Technology from $220.00 to $350.00 and gave the stock an “overweight” rating in a report on Thursday, December 18th. KGI Securities upgraded shares of Micron Technology from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, September 24th. Mizuho boosted their target price on shares of Micron Technology from $270.00 to $290.00 and gave the stock an “outperform” rating in a research report on Thursday, December 18th. Raymond James Financial raised their price target on shares of Micron Technology from $190.00 to $310.00 and gave the stock an “outperform” rating in a report on Thursday, December 18th. Finally, Wells Fargo & Company lifted their price objective on shares of Micron Technology from $300.00 to $335.00 and gave the stock an “overweight” rating in a research note on Thursday, December 18th. Five 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. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $282.61.

Insider Transactions at Micron Technology

In related news, EVP April S. Arnzen sold 15,000 shares of the firm’s stock in a transaction dated Monday, December 22nd. The stock was sold at an average price of $277.09, for a total transaction of $4,156,350.00. Following the sale, the executive vice president directly owned 165,618 shares of the company’s stock, 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 legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Steven J. Gomo sold 5,000 shares of the business’s stock in a transaction that occurred on 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 transaction, the director directly owned 19,139 shares of the company’s stock, valued at $5,045,614.57. The trade was a 20.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 384,300 shares of company stock valued at $83,974,468. 0.24% of the stock is owned by insiders.

Micron Technology Stock Performance

Shares of NASDAQ MU opened at $284.79 on Friday. The company has a 50 day simple moving average of $237.05 and a two-hundred day simple moving average of $171.09. The stock has a market cap of $320.53 billion, a price-to-earnings ratio of 27.07, a PEG ratio of 0.18 and a beta of 1.54. The company has a current ratio of 2.46, a quick ratio of 1.78 and a debt-to-equity ratio of 0.19. Micron Technology, Inc. has a 12 month low of $61.54 and a 12 month high of $290.87.

Micron Technology (NASDAQ:MU) last issued its earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share (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 firm had revenue of $13.64 billion during the quarter, compared to analysts’ expectations of $12.62 billion. During the same quarter last year, the company posted $1.79 earnings per share. The firm’s 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. As a group, analysts predict that Micron Technology, Inc. will post 6.08 earnings per share for the current year.

Micron Technology Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 14th. Stockholders of record on Monday, December 29th will be issued a $0.115 dividend. This represents a $0.46 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Monday, December 29th. Micron Technology’s payout ratio is 4.37%.

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.