Wealthfront Advisers LLC boosted its position in shares of Micron Technology, Inc. (NASDAQ:MU – Free Report) by 9.8% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 95,396 shares of the semiconductor manufacturer’s stock after purchasing an additional 8,489 shares during the quarter. Wealthfront Advisers LLC’s holdings in Micron Technology were worth $15,962,000 as of its most recent SEC filing.
Other large investors have also recently bought and sold shares of the company. Edgemoor Investment Advisors Inc. bought a new position in shares of Micron Technology during the third quarter worth $227,000. Arista Wealth Management LLC acquired a new stake in Micron Technology during the 3rd quarter worth $509,000. AlTi Global Inc. acquired a new stake in Micron Technology during the 3rd quarter worth $1,453,000. Profund Advisors LLC lifted its holdings in Micron Technology by 1.7% during the third quarter. Profund Advisors LLC now owns 155,473 shares of the semiconductor manufacturer’s stock worth $26,014,000 after acquiring an additional 2,597 shares in the last quarter. Finally, Midwest Financial Group LLC lifted its holdings in Micron Technology by 1.9% during the third quarter. Midwest Financial Group LLC now owns 23,325 shares of the semiconductor manufacturer’s stock worth $3,903,000 after acquiring an additional 425 shares in the last quarter. Institutional investors own 80.84% of the company’s stock.
Micron Technology Price Performance
NASDAQ MU opened at $373.05 on Wednesday. The firm’s 50 day moving average is $324.22 and its 200-day moving average is $226.41. 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 company has a market capitalization of $419.87 billion, a PE ratio of 35.46 and a beta of 1.51. Micron Technology, Inc. has a 12-month low of $61.54 and a 12-month high of $455.50.
Micron Technology Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Monday, December 29th were given a $0.115 dividend. The ex-dividend date of this dividend was Monday, December 29th. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.1%. Micron Technology’s payout ratio is currently 4.37%.
More Micron Technology News
Here are the key news stories impacting Micron Technology this week:
- Positive Sentiment: TD Cowen’s top analyst raised a bull-case price target to $600, arguing DRAM tightness could persist and justify much higher upside for MU. MU Stock at $600 (Up 56%)? Top Analyst Cites Prolonged DRAM Market Tightness
- Positive Sentiment: UBS raised its price target to $450, supporting the bullish narrative that Micron’s AI-related memory exposure and recent results justify higher valuations. UBS Raises Micron Technology (MU) Price Target to $450
- Positive Sentiment: A technical/trading signal was cited that preceded a ~3% intraday bounce, indicating momentum traders remain active in MU. Micron Technology Shares Climb 3% Following Key Trading Signal
- Positive Sentiment: Featured analysis argues Micron is a “hidden winner” in AI hardware due to its HBM and server memory positioning versus peers — a fundamental bullish case for long-term AI-driven demand. Micron Vs. Peers: The Hidden Winner In AI Hardware
- Positive Sentiment: Analysts note Micron has quietly outperformed NVIDIA over the past year on surging HBM demand, reinforcing the stock’s AI-growth thesis. Micron Is Quietly Outperforming NVIDIA – Don’t Ignore It
- Neutral Sentiment: Macro analysis reminds investors that memory is highly cyclical: historical supercycles can create big gains but also sharp reversals — a reminder of volatility risk even if demand is strong now. How High Can Micron Go In the Memory Supercycle? Here’s What History Says
- Neutral Sentiment: Zacks and other screens highlight MU’s earnings growth, price strength, and momentum as reasons to watch the stock, but these pieces are more descriptive than catalytic. Earnings Growth & Price Strength Make Micron (MU) a Stock to Watch
- Negative Sentiment: Competitive timing risk: Samsung announced mass production of HBM4 and will supply Nvidia sooner, which undercuts Micron’s planned HBM4 rollout and could pressure share gains or ASPs for near-term HBM demand. Samsung Stock Surges as Chipmaker Beats Micron in HBM4 Race
- Negative Sentiment: Several headlines cite short-term selling tied to worries about Nvidia’s new chips and other supplier developments; a “why MU is down today” write-up summarizes these near-term catalysts driving the pullback. Why Micron Technology Stock Is Down Today
Insiders Place Their Bets
In related news, CAO Scott R. Allen sold 2,000 shares of the company’s stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $337.50, for a total transaction of $675,000.00. Following the sale, the chief accounting officer owned 38,237 shares in the company, valued at approximately $12,904,987.50. This represents a 4.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Manish H. Bhatia sold 26,623 shares of the firm’s stock in a transaction that occurred on Thursday, January 22nd. The shares were sold at an average price of $391.04, for a total value of $10,410,657.92. Following the completion of the transaction, the executive vice president owned 323,486 shares of the company’s stock, valued at approximately $126,495,965.44. This represents a 7.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have acquired 23,200 shares of company stock valued at $7,821,723 and have sold 73,623 shares valued at $27,307,408. Insiders own 0.24% of the company’s stock.
Analysts Set New Price Targets
MU has been the subject of several recent analyst reports. William Blair began coverage on Micron Technology in a report on Thursday, January 22nd. They issued an “outperform” rating for the company. JPMorgan Chase & Co. increased their target price on Micron Technology from $220.00 to $350.00 and gave the stock an “overweight” rating in a research note on Thursday, December 18th. Wedbush set a $320.00 price target on shares of Micron Technology in a research note on Thursday, December 18th. 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 report on Thursday, December 18th. Finally, Wall Street Zen upgraded shares of Micron Technology from a “buy” rating to a “strong-buy” rating in a report on Sunday, November 23rd. Six 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’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $349.76.
Read Our Latest Research Report on MU
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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