Elevation Point Wealth Partners LLC Has $1.36 Million Stock Holdings in Micron Technology, Inc. $MU

Elevation Point Wealth Partners LLC trimmed its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 15.7% in the third quarter, HoldingsChannel reports. The firm owned 8,122 shares of the semiconductor manufacturer’s stock after selling 1,512 shares during the quarter. Elevation Point Wealth Partners LLC’s holdings in Micron Technology were worth $1,359,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of MU. REAP Financial Group LLC bought a new stake in shares of Micron Technology during the 3rd quarter worth about $25,000. Barnes Dennig Private Wealth Management LLC bought a new position in Micron Technology in the 3rd quarter valued at about $27,000. Howard Hughes Medical Institute bought a new position in Micron Technology in the 2nd quarter valued at about $30,000. Cullen Frost Bankers Inc. lifted its position in Micron Technology by 79.3% during the third quarter. Cullen Frost Bankers Inc. now owns 199 shares of the semiconductor manufacturer’s stock worth $33,000 after acquiring an additional 88 shares during the last quarter. Finally, WealthCollab LLC lifted its position in Micron Technology by 4,500.0% during the second quarter. WealthCollab LLC now owns 276 shares of the semiconductor manufacturer’s stock worth $34,000 after acquiring an additional 270 shares during the last quarter. 80.84% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, EVP April S. Arnzen sold 15,000 shares of the company’s stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $277.09, for a total transaction of $4,156,350.00. Following the completion of the sale, the executive vice president owned 165,618 shares of the company’s stock, valued at approximately $45,891,091.62. This represents a 8.30% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Teyin M. Liu purchased 11,600 shares of Micron Technology stock in a transaction that occurred on Tuesday, January 13th. The shares were purchased at an average price of $337.07 per share, for a total transaction of $3,910,012.00. Following the transaction, the director directly owned 14,310 shares in the company, valued at $4,823,471.70. This represents a 428.04% increase in their position. The SEC filing for this purchase provides additional information. In the last ninety days, insiders acquired 23,200 shares of company stock worth $7,821,723 and sold 73,623 shares worth $27,307,408. 0.24% of the stock is owned by corporate insiders.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: Multiple brokerages lifted ratings and price targets (RBC to $525, TD Cowen to $500, Rosenblatt/Baird raised estimates), supporting further upside expectations ahead of earnings. Brokers lift price targets
• Positive Sentiment: Micron announced high‑volume production of HBM4 (designed for NVIDIA Vera Rubin), the industry’s first PCIe Gen6 SSD in volume, and large SOCAMM2 parts — product wins that reinforce AI/data‑center demand and justify premium valuation. High-volume production announcements
• Positive Sentiment: Micron completed acquisition of Powerchip’s Tongluo P5 site in Taiwan and plans a second facility there — a clear capacity push to capture prolonged AI/DRAM demand (though production ramp is multi-year). Tongluo acquisition & expansion
• Positive Sentiment: Street previews and models expect a strong Q2 (sales seen near ~$19B in some previews, big DRAM/HBM revenue upside) — this raises the chance of an earnings beat and bullish guidance that traders are buying into. Earnings preview
• Neutral Sentiment: Broader market tailwinds today (oil price moves and risk‑on flows) helped tech names rally; Micron benefited as a large-cap AI/memory leader. Market rally context
• Neutral Sentiment: Relative‑performance narratives (e.g., Nvidia vs. Micron) are circulating — some analysts see Micron re‑rating, others argue GPU leaders may still outperform; this influences rotation and multiple expansion decisions. Nvidia vs Micron view
• Negative Sentiment: Contrasting views warn the memory upcycle could be shorter than expected; a faster‑than‑anticipated downcycle would pressure DRAM pricing and margins post‑beat. Downcycle warning
• Negative Sentiment: Insider selling and the long timeline for meaningful shipments from the Tongluo site (company cites fiscal‑2028) are reminders that capacity investments are multi‑year and won’t immediately boost revenue. Acquisition details & insider notes

Micron Technology Stock Performance

NASDAQ:MU opened at $441.80 on Tuesday. The company has a market cap of $497.25 billion, a price-to-earnings ratio of 42.00 and a beta of 1.50. Micron Technology, Inc. has a fifty-two week low of $61.54 and a fifty-two week high of $455.50. 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 stock has a fifty day moving average price of $393.94 and a 200-day moving average price of $276.09.

Micron Technology (NASDAQ:MU) last issued its quarterly earnings results 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 for the quarter, compared to analysts’ expectations of $12.62 billion. Micron Technology had a return on equity of 22.71% and a net margin of 28.15%.Micron Technology’s revenue was up 56.7% on a year-over-year basis. During the same quarter 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 EPS for the current fiscal year.

Micron Technology Announces Dividend

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

Analyst Ratings Changes

Several equities analysts have recently commented on the company. William Blair assumed coverage on Micron Technology in a research report on Thursday, January 22nd. They issued an “outperform” rating on the stock. Bank of America lifted their price target on Micron Technology from $300.00 to $400.00 and gave the stock a “buy” rating in a report on Tuesday, January 13th. Raymond James Financial boosted their price target on Micron Technology from $190.00 to $310.00 and gave the company an “outperform” rating in a research note on Thursday, December 18th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Micron Technology in a report on Thursday, January 29th. Finally, The Goldman Sachs Group reissued a “neutral” rating and set a $360.00 target price on shares of Micron Technology in a report on Monday, March 2nd. Six analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, Micron Technology currently has an average rating of “Buy” and a consensus price target of $394.59.

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.