Prospera Financial Services Inc trimmed its holdings in shares of Micron Technology, Inc. (NASDAQ:MU – Free Report) by 18.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 50,763 shares of the semiconductor manufacturer’s stock after selling 11,163 shares during the period. Prospera Financial Services Inc’s holdings in Micron Technology were worth $8,496,000 at the end of the most recent reporting period.
Several other institutional investors also recently added to or reduced their stakes in the stock. Orleans Capital Management Corp LA purchased a new stake in Micron Technology in the 2nd quarter worth about $256,000. iA Global Asset Management Inc. lifted its holdings in Micron Technology by 18.7% during the third quarter. iA Global Asset Management Inc. now owns 146,890 shares of the semiconductor manufacturer’s stock valued at $24,578,000 after purchasing an additional 23,117 shares during the last quarter. Cary Street Partners Financial LLC boosted its position in Micron Technology by 25.0% during the second quarter. Cary Street Partners Financial LLC now owns 26,132 shares of the semiconductor manufacturer’s stock worth $3,221,000 after purchasing an additional 5,233 shares during the period. Wealthspire Advisors LLC boosted its position in Micron Technology by 27.8% during the second quarter. Wealthspire Advisors LLC now owns 14,754 shares of the semiconductor manufacturer’s stock worth $1,818,000 after purchasing an additional 3,208 shares during the period. Finally, WealthBridge Capital Management LLC purchased a new position in shares of Micron Technology in the second quarter worth about $210,000. Institutional investors own 80.84% of the company’s stock.
Micron Technology Trading Down 2.7%
Shares of MU stock opened at $373.05 on Wednesday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.78 and a current ratio of 2.46. Micron Technology, Inc. has a 52-week low of $61.54 and a 52-week high of $455.50. The company has a market capitalization of $419.87 billion, a PE ratio of 35.46 and a beta of 1.51. The business’s fifty day moving average is $324.22 and its 200 day moving average is $226.41.
Micron Technology Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Monday, December 29th were given a $0.115 dividend. This represents a $0.46 annualized dividend and a dividend yield of 0.1%. The ex-dividend date was Monday, December 29th. Micron Technology’s dividend payout ratio is 4.37%.
Key Micron Technology News
Here are the key news stories impacting Micron Technology this week:
- Positive Sentiment: Top TD Cowen analyst Krish Sankar raised a bull-side price target to $600, arguing prolonged DRAM market tightness could drive outsized upside for MU. MU Stock at $600 (Up 56%)? Top Analyst Cites Prolonged DRAM Market Tightness
- Positive Sentiment: UBS bumped its price target to $450, adding institutional support for higher targets and signaling continued analyst conviction behind Micron’s AI/DRAM positioning. UBS Raises Micron Technology (MU) Price Target to $450
- Positive Sentiment: Micron’s US$24 billion Singapore fab plan was highlighted as a major capacity and AI-memory growth catalyst that deepens its long-term AI memory story. Large-capex expansion supports revenue/market-share outlook. Micron’s US$24b Singapore Fab Deepens AI Memory Growth Story
- Positive Sentiment: Technical and momentum signals are bullish: a key trading signal around ~$370.40 coincided with intraday strength and attracted momentum traders. Micron Technology Shares Climb 3% Following Key Trading Signal
- Neutral Sentiment: Analyst commentary and coverage pieces (Zacks, Barrons, Motley Fool themes) emphasize Micron’s strong earnings growth, HBM demand, and AI exposure — factors that justify attention but also note valuation and cyclicality risks. Micron Is Quietly Outperforming NVIDIA – Don’t Ignore It
- Negative Sentiment: Competitive headwinds: Samsung announced mass production of next‑gen HBM4 chips and indicated shipments to Nvidia sooner than Micron’s planned rollout, raising near-term share and pricing risk for Micron’s HBM business. Samsung Stock Rises on Report of Next-Gen Chip Rollout. Why It Matters for Micron.
- Negative Sentiment: Market reactions to Samsung’s lead and Nvidia-related uncertainty have already pressured MU in recent sessions; some outlets flag short-term downside risk if Micron’s HBM4 timing or Nvidia content share disappoints. Micron stock falls after Samsung’s next-gen chip production news
- Negative Sentiment: Longer-term caution pieces ask whether Micron can avoid cyclical downturns after strong demand spikes — a reminder that high earnings and price momentum carry collapse risk if demand reverts. Can Micron Technology Stock Avoid a Future Collapse?
Insiders Place Their Bets
In other news, CAO Scott R. Allen sold 2,000 shares of the stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $337.50, for a total value of $675,000.00. Following the transaction, the chief accounting officer owned 38,237 shares of the company’s stock, valued at $12,904,987.50. This represents a 4.97% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Teyin M. Liu acquired 7,820 shares of the stock in a transaction dated Wednesday, January 14th. The shares were bought at an average price of $337.50 per share, for a total transaction of $2,639,250.00. Following the transaction, the director owned 25,910 shares in the company, valued at approximately $8,744,625. This represents a 43.23% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last three months, insiders bought 23,200 shares of company stock valued at $7,821,723 and sold 73,623 shares valued at $27,307,408. Company insiders own 0.24% of the company’s stock.
Wall Street Analysts Forecast Growth
MU has been the topic of a number of recent research reports. The Goldman Sachs Group upped their price target on shares of Micron Technology from $205.00 to $235.00 and gave the company a “neutral” rating in a research note on Thursday, December 18th. Rosenblatt Securities restated a “buy” rating and set a $500.00 target price on shares of Micron Technology in a research report on Tuesday, January 20th. HSBC raised their price target on Micron Technology from $350.00 to $500.00 and gave the stock a “buy” rating in a report on Friday, January 23rd. Bank of America boosted their price objective on Micron Technology from $300.00 to $400.00 and gave the company a “buy” rating in a research note on Tuesday, January 13th. Finally, Citigroup raised their target price on Micron Technology from $330.00 to $385.00 and gave the stock a “buy” rating in a research note on Thursday, January 15th. Six 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 company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $349.76.
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.
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