Morey & Quinn Wealth Partners LLC Invests $276,000 in Micron Technology, Inc. $MU

Morey & Quinn Wealth Partners LLC purchased a new stake in Micron Technology, Inc. (NASDAQ:MU) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 1,650 shares of the semiconductor manufacturer’s stock, valued at approximately $276,000.

Several other large investors also recently added to or reduced their stakes in the stock. First Command Advisory Services Inc. lifted its holdings in shares of Micron Technology by 225.0% in the 2nd quarter. First Command Advisory Services Inc. now owns 221 shares of the semiconductor manufacturer’s stock worth $27,000 after acquiring an additional 153 shares during the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new stake in Micron Technology in the 3rd quarter worth about $27,000. Howard Hughes Medical Institute bought a new stake in Micron Technology in the second quarter worth about $30,000. AlphaQuest LLC lifted its stake in Micron Technology by 13,250.0% in the second quarter. AlphaQuest LLC now owns 267 shares of the semiconductor manufacturer’s stock worth $33,000 after purchasing an additional 265 shares during the last quarter. Finally, WealthCollab LLC boosted its position in shares of Micron Technology by 4,500.0% during the second quarter. WealthCollab LLC now owns 276 shares of the semiconductor manufacturer’s stock valued at $34,000 after buying an additional 270 shares during the period. 80.84% of the stock is owned by institutional investors.

Micron Technology Price Performance

Shares of MU opened at $333.35 on Thursday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.78 and a current ratio of 2.46. The company has a 50 day moving average price of $263.43 and a 200-day moving average price of $189.11. Micron Technology, Inc. has a fifty-two week low of $61.54 and a fifty-two week high of $351.23. The stock has a market capitalization of $375.19 billion, a PE ratio of 31.69, a PEG ratio of 0.21 and a beta of 1.50.

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

Micron Technology Announces Dividend

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

Insiders Place Their Bets

In other Micron Technology news, EVP Scott J. Deboer sold 82,000 shares of the stock in a transaction dated Monday, October 27th. The shares were sold at an average price of $222.81, for a total transaction of $18,270,420.00. Following the completion of the sale, the executive vice president directly owned 154,145 shares of the company’s stock, valued at approximately $34,345,047.45. This represents a 34.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP April S. Arnzen sold 15,000 shares of Micron Technology stock in a transaction that occurred on 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 completion of the transaction, the executive vice president directly owned 165,618 shares in the company, valued at approximately $45,891,091.62. The trade was a 8.30% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 318,800 shares of company stock valued at $72,333,387 in the last three months. 0.24% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. Stifel Nicolaus raised their price target on Micron Technology from $195.00 to $300.00 and gave the stock a “buy” rating in a research note on Friday, December 12th. Itau BBA Securities reissued an “outperform” rating on shares of Micron Technology in a research note on Thursday, December 18th. Barclays raised their price target on shares of Micron Technology from $240.00 to $275.00 and gave the stock an “overweight” rating in a research note on Thursday, December 18th. Sanford C. Bernstein boosted their price objective on shares of Micron Technology from $270.00 to $330.00 and gave the company an “outperform” rating in a research report on Friday, January 2nd. Finally, Wolfe Research raised their target price on shares of Micron Technology from $300.00 to $350.00 and gave the stock an “outperform” rating in a research report 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 given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $305.79.

Key Stories Impacting Micron Technology

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

• Positive Sentiment: Multiple analyst upgrades and big price-target raises are supporting the rally—Cantor Fitzgerald, KeyCorp and Bank of America have recently raised targets and ratings, boosting bullish sentiment and upside expectations. Analyst Price Target Raises
• Positive Sentiment: MarketBeat: Micron’s HBM production is being accelerated (Singapore packaging, Boise/Japan fabs, Clay NY megafab) and HBM/HBM4 demand remains sold out — a direct revenue and pricing tailwind for 2026–27. Micron: Accelerating HBM Ramp Extends Growth Into 2027
• Positive Sentiment: Bank of America analyst commentary and other bull notes (AmericanBankingNews) say MU has further upside given strong fundamentals and demand — adds conviction to buy-side flows. BofA Analyst Expects MU to Rise
• Neutral Sentiment: Zacks and other outlets highlight MU’s momentum (Zacks Rank #1, growth-stock profiles) and that MU tripled in 2025 — useful context for momentum/inflow-driven price moves but less new fundamental news. Best Growth Stocks to Buy for Jan. 14
• Negative Sentiment: Barron’s reports SK Hynix is planning a $13B memory plant — a large-capacity push from a competitor that raises the risk of faster supply additions and pricing pressure in future cycles. SK Hynix Plans $13 Billion Plant
• Negative Sentiment: Analyst and Seeking Alpha pieces warn of key risks — cyclical valuation, potential oversupply, peak margins and calls to take profits or trim ahead of heavy cap outflows; these notes can trigger short-term selling or consolidation. Three Significant Risks

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.