Gunderson Capital Management Inc. Invests $9.44 Million in Micron Technology, Inc. $MU

Gunderson Capital Management Inc. bought a new position in Micron Technology, Inc. (NASDAQ:MU) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 33,070 shares of the semiconductor manufacturer’s stock, valued at approximately $9,439,000. Micron Technology comprises about 4.3% of Gunderson Capital Management Inc.’s portfolio, making the stock its 5th biggest position.

A number of other institutional investors and hedge funds also recently modified their holdings of MU. Elevation Wealth Partners LLC boosted its position in shares of Micron Technology by 295.8% in the 4th quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer’s stock valued at $27,000 after purchasing an additional 71 shares during the period. Noble Wealth Management PBC purchased a new position in Micron Technology in the 4th quarter worth about $40,000. REAP Financial Group LLC acquired a new stake in Micron Technology during the 3rd quarter worth about $25,000. Barnes Dennig Private Wealth Management LLC purchased a new stake in Micron Technology during the third quarter valued at about $27,000. Finally, Cullen Frost Bankers Inc. lifted its stake in Micron Technology by 79.3% during the third quarter. Cullen Frost Bankers Inc. now owns 199 shares of the semiconductor manufacturer’s stock valued at $33,000 after buying an additional 88 shares in the last quarter. 80.84% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Micron Technology news, 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 transaction of $10,410,657.92. Following the transaction, the executive vice president directly owned 323,486 shares in the company, valued at $126,495,965.44. This trade represents a 7.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Teyin M. Liu purchased 11,600 shares of Micron Technology stock in a transaction on Tuesday, January 13th. The stock was bought at an average cost of $337.07 per share, with a total value of $3,910,012.00. Following the transaction, the director directly owned 14,310 shares of the company’s stock, valued at approximately $4,823,471.70. The trade was a 428.04% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last three months, insiders have purchased 23,200 shares of company stock valued at $7,821,723 and have sold 53,623 shares valued at $21,832,908. Corporate insiders own 0.24% of the company’s stock.

Micron Technology Stock Performance

Shares of MU opened at $337.27 on Wednesday. The firm has a market cap of $380.35 billion, a price-to-earnings ratio of 15.92 and a beta of 1.50. The company’s fifty day moving average is $404.83 and its 200-day moving average is $296.51. The company has a quick ratio of 2.32, a current ratio of 2.90 and a debt-to-equity ratio of 0.13. Micron Technology, Inc. has a 12 month low of $61.54 and a 12 month high of $471.34.

Micron Technology Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Monday, March 30th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Monday, March 30th. This is a positive change from Micron Technology’s previous quarterly dividend of $0.12. This represents a $0.60 annualized dividend and a yield of 0.2%. Micron Technology’s dividend payout ratio (DPR) is currently 2.83%.

Key Micron Technology News

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

• Positive Sentiment: Strong AI / HBM demand supports revenue and pricing power — analysts and market commentary highlight booming high-bandwidth memory (HBM) demand for AI servers, which is driving rising prices and expanding margins for Micron. Can Micron Capitalize on Rising HBM Demand?
• Positive Sentiment: Debt management action — Micron announced pricing for cash tender offers on certain outstanding senior notes, a move that can improve its debt profile and interest-cost flexibility. That was received favorably by some investors. Tender Offer Pricing
• Positive Sentiment: Dividend reinstatement / bump noted — coverage flagged Micron among stocks boosting dividends, which can attract income-focused holders and signal confidence in the balance sheet. Dividend Bumps Article
• Neutral Sentiment: Analyst target cut but buy rating maintained — Citi trimmed its price target from $510 to $425 while keeping a Buy rating, a sign of reduced upside expectations even as analysts still back the company. Citi Price Target Cut
• Negative Sentiment: Algorithmic compression fears (TurboQuant / Google) dent demand outlook — reports that new AI memory-compression methods could reduce memory needs sparked sectorwide jitters and contributed to recent downdrafts in MU. TurboQuant / Algorithm Concerns
• Negative Sentiment: Capex and spending plans overshadow earnings — coverage notes that large planned expenditures to add capacity have dampened enthusiasm after otherwise strong AI-driven results, fueling recent selling pressure. Capex Concerns Article
• Negative Sentiment: Warnings about valuation and momentum fatigue — some bloggers and commentators caution that MU’s rapid run (multiple-hundred-percent gains over the past year) raises near-term risk after the earnings-led pullback. Investment Blogger Warning
• Negative Sentiment: Insider selling highlighted — summaries of recent filings show extensive insider sales in recent months, which some investors view as a cautionary signal. Insider Trading Summary

Analyst Upgrades and Downgrades

MU has been the subject of several recent analyst reports. Summit Insights downgraded shares of Micron Technology from a “buy” rating to a “hold” rating in a research report on Thursday, March 19th. Royal Bank Of Canada upped their price target on shares of Micron Technology from $425.00 to $525.00 and gave the company an “outperform” rating in a research report on Monday, March 16th. Mizuho raised their price objective on shares of Micron Technology from $480.00 to $530.00 and gave the stock an “outperform” rating in a research note on Thursday, March 19th. KeyCorp raised their price objective on shares of Micron Technology from $450.00 to $600.00 and gave the stock an “overweight” rating in a research note on Thursday, March 19th. Finally, Itau BBA Securities reiterated an “outperform” rating on shares of Micron Technology in a research report on Thursday, December 18th. Five investment 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. According to MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $463.71.

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.