Spire Wealth Management Grows Stock Position in Micron Technology, Inc. $MU

Spire Wealth Management lifted its position in Micron Technology, Inc. (NASDAQ:MU) by 201.5% during the third quarter, HoldingsChannel.com reports. The fund owned 15,092 shares of the semiconductor manufacturer’s stock after acquiring an additional 10,086 shares during the period. Spire Wealth Management’s holdings in Micron Technology were worth $2,525,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. First Command Advisory Services Inc. lifted its holdings in Micron Technology by 225.0% in the 2nd quarter. First Command Advisory Services Inc. now owns 221 shares of the semiconductor manufacturer’s stock valued at $27,000 after purchasing an additional 153 shares in the last quarter. Howard Hughes Medical Institute acquired a new stake in shares of Micron Technology in the second quarter valued at about $30,000. AlphaQuest LLC lifted its stake in shares of Micron Technology by 13,250.0% in the second quarter. AlphaQuest LLC now owns 267 shares of the semiconductor manufacturer’s stock worth $33,000 after buying an additional 265 shares in the last quarter. WealthCollab LLC boosted 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. Finally, Hilltop National Bank acquired a new position in Micron Technology during the second quarter worth about $37,000. 80.84% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Micron Technology

In related news, EVP April S. Arnzen sold 15,000 shares of the 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 transaction, the executive vice president owned 165,618 shares of the company’s stock, valued at approximately $45,891,091.62. This trade represents a 8.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Scott J. Deboer sold 82,000 shares of Micron Technology stock in a transaction that occurred on Monday, October 27th. The shares were sold at an average price of $222.81, for a total transaction of $18,270,420.00. Following the completion of the sale, the executive vice president owned 154,145 shares of the company’s stock, valued at $34,345,047.45. This trade represents a 34.72% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 318,800 shares of company stock valued at $72,333,387 over the last quarter. 0.24% of the stock is owned by insiders.

Micron Technology Trading Down 3.7%

Shares of Micron Technology stock opened at $327.02 on Friday. The stock has a 50 day moving average of $254.46 and a 200 day moving average of $182.69. 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 firm has a market capitalization of $368.06 billion, a price-to-earnings ratio of 31.09, a PEG ratio of 0.21 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 $346.30.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 EPS for the quarter, beating the consensus estimate of $3.77 by $1.01. The business had revenue of $13.64 billion for the quarter, compared to analyst estimates of $12.62 billion. Micron Technology had a return on equity of 22.71% and a net margin of 28.15%.The company’s quarterly revenue was up 56.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.79 EPS. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. As a group, research analysts predict that Micron Technology, Inc. will post 6.08 earnings per share for the current year.

Micron Technology Announces Dividend

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

Trending Headlines about Micron Technology

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

• Positive Sentiment: Company fundamentals and AI demand remain very strong: recent results showed a large revenue and EPS beat and management set lofty FY26 guidance that signals robust AI-driven memory demand and premium pricing power. Earnings & guidance
• Positive Sentiment: Analysts are raising targets and estimates on supply tightness for DRAM/HBM — UBS and Piper Sandler boosted targets toward $400 and firms are increasing 2026–27 EPS forecasts, supporting upside case. Analyst price-target hikes
• Positive Sentiment: Macro/industry confirmation of a memory supercycle — multiple outlets and brokers (JP Morgan, Piper) highlight an extended DRAM/HBM supply squeeze as AI demand outpaces capacity, which should support pricing and margins. JP Morgan / pricing power
• Neutral Sentiment: Broader market pullback and profit-taking are weighing on the stock today even though company-specific news remains positive — traders are trimming winners after a big 2025 rally. Market pullback
• Negative Sentiment: Some technical/valuation concerns and calls of “overbought” increase near-term downside risk — strategists warn momentum could invite selling after sharp gains. Overbought warning
• Negative Sentiment: Analyst divergence: at least one high-profile note trimmed a previously aggressive target, adding short-term headline risk and giving some investors cause to reweight. Analyst cuts
• Negative Sentiment: Insider selling: Micron’s CAO sold 2,000 shares (~$675k) recently, a small but visible insider sale that can be cited by short-term traders as a reason to pare exposure. SEC filing

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Morgan Stanley increased their price objective on shares of Micron Technology from $338.00 to $350.00 and gave the company an “overweight” rating in a report on Thursday, December 18th. Wolfe Research increased their price target on Micron Technology from $300.00 to $350.00 and gave the company an “outperform” rating in a report on Thursday, December 18th. Piper Sandler boosted their price objective on Micron Technology from $275.00 to $400.00 and gave the stock an “overweight” rating in a research note on Wednesday. Wall Street Zen upgraded Micron Technology from a “buy” rating to a “strong-buy” rating in a report on Sunday, November 23rd. Finally, Raymond James Financial raised their target price on Micron Technology from $190.00 to $310.00 and gave the stock an “outperform” rating in a research note 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 given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $292.00.

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.