Prasad Wealth Partners LLC Purchases Shares of 4,621 Micron Technology, Inc. $MU

Prasad Wealth Partners LLC purchased a new position in Micron Technology, Inc. (NASDAQ:MU) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 4,621 shares of the semiconductor manufacturer’s stock, valued at approximately $773,000.

Other large investors have also recently made changes to their positions in the company. American Capital Advisory LLC lifted its position in Micron Technology by 20.4% during the 3rd quarter. American Capital Advisory LLC now owns 272 shares of the semiconductor manufacturer’s stock worth $46,000 after acquiring an additional 46 shares during the period. Teamwork Financial Advisors LLC raised its position in shares of Micron Technology by 0.4% in the third quarter. Teamwork Financial Advisors LLC now owns 14,974 shares of the semiconductor manufacturer’s stock worth $2,505,000 after acquiring an additional 53 shares during the period. Blue Trust Inc. grew its position in shares of Micron Technology by 0.5% during the 3rd quarter. Blue Trust Inc. now owns 10,633 shares of the semiconductor manufacturer’s stock valued at $1,779,000 after acquiring an additional 53 shares during the period. Lodestone Wealth Management LLC increased its stake in shares of Micron Technology by 3.2% in the 3rd quarter. Lodestone Wealth Management LLC now owns 1,693 shares of the semiconductor manufacturer’s stock valued at $283,000 after purchasing an additional 53 shares in the last quarter. Finally, Allen Capital Group LLC raised its holdings in Micron Technology by 1.2% in the 3rd quarter. Allen Capital Group LLC now owns 4,554 shares of the semiconductor manufacturer’s stock worth $762,000 after purchasing an additional 54 shares during the period. 80.84% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have commented on MU shares. JPMorgan Chase & Co. raised their price objective on Micron Technology from $220.00 to $350.00 and gave the company an “overweight” rating in a report on Thursday, December 18th. BNP Paribas Exane raised Micron Technology from an “underperform” rating to an “outperform” rating and set a $270.00 price target on the stock in a research note on Monday, October 13th. Phillip Securities raised Micron Technology to a “strong-buy” rating in a research note on Monday. Stifel Nicolaus raised their price objective on Micron Technology from $300.00 to $360.00 and gave the company a “buy” rating in a report on Tuesday, January 20th. Finally, Cantor Fitzgerald upped their target price on shares of Micron Technology from $350.00 to $450.00 and gave the stock an “overweight” rating in a report on Wednesday, January 14th. Six investment analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $349.76.

Micron Technology Stock Up 0.9%

NASDAQ MU opened at $382.89 on Friday. The business’s fifty day simple moving average is $315.53 and its 200-day simple moving average is $219.12. The company has a quick ratio of 1.78, a current ratio of 2.46 and a debt-to-equity ratio of 0.19. The firm has a market cap of $430.95 billion, a PE ratio of 36.40 and a beta of 1.52. Micron Technology, Inc. has a 52 week low of $61.54 and a 52 week high of $455.50.

Micron Technology (NASDAQ:MU) last released its quarterly earnings data 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. The firm had revenue of $13.64 billion during the quarter, compared to analysts’ expectations 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 was up 56.7% compared to the same quarter last year. During the same period last year, the business earned $1.79 earnings per share. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. As a group, equities analysts anticipate that Micron Technology, Inc. will post 6.08 earnings per share for the current year.

Micron Technology Dividend Announcement

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

Micron Technology News Summary

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

• Positive Sentiment: Micron announced a US$24 billion NAND “megafab” in Singapore — a large capacity commitment that supports long‑term NAND revenue and reinforces the company’s role in the AI/data‑center memory supply chain. Micron’s US$24b Singapore Fab Tests AI Memory Growth Story
• Positive Sentiment: Analysts are pushing targets higher (Mizuho, Phillip Securities and others), citing strong HBM/DRAM demand tied to AI — these upgrades support continued buying and institutional interest. Phillip Securities Sets $500 Price Target on HBM Demand
• Positive Sentiment: Market commentary highlights an AI memory boom (HBM shortages, sold‑out 2026 supply) and Micron’s U.S. fabs/executive hires as competitive advantages — narratives that justify premium multiples if data‑center demand persists. Micron Technology Stock Opinions on AI Memory Boom
• Neutral Sentiment: Coverage pieces (Zacks, Forbes, valuation checks) note MU is a top momentum stock but caution some gains may be priced in — useful for timing and risk management but not an immediate catalyst. Micron (MU) is a Top-Ranked Momentum Stock: Should You Buy?
• Neutral Sentiment: Options and strategy writeups (including ideas around a March 27 expiration) signal elevated derivatives activity — indicates traders positioning for volatility but doesn’t by itself change fundamentals. Exploring New Options for Micron Technology (MU) with March 27th Expiration
• Negative Sentiment: EVP Sumit Sadana sold 25,000 shares (~$10.7M) on Feb 2 — a large insider sale that can unsettle some investors despite repeated company insider dispositions during the rally. SEC Filing: Insider Sale
• Negative Sentiment: After a roughly 300% run over the past year, commentators note profit‑taking and unusual options flows pushed MU lower in short intervals — a reminder of heightened short‑term volatility even amid a bullish structural story. Micron (MU) Stock: Executive Offloads $10.7M Following 300% Rally

Insider Buying and Selling

In other news, EVP Sumit Sadana sold 25,000 shares of the stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $429.89, for a total transaction of $10,747,250.00. Following the completion of the transaction, the executive vice president directly owned 248,021 shares in the company, valued at approximately $106,621,747.69. This represents a 9.16% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Manish H. Bhatia sold 26,623 shares of the firm’s stock in a transaction dated Thursday, January 22nd. The stock was sold at an average price of $391.04, for a total value of $10,410,657.92. Following the sale, the executive vice president directly owned 323,486 shares of the company’s stock, valued at $126,495,965.44. The trade was a 7.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders bought 23,200 shares of company stock valued at $7,821,723 and sold 73,623 shares valued at $27,307,408. 0.24% of the stock is currently owned by insiders.

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.