Micron Technology, Inc. $MU Shares Sold by Grant Private Wealth Management Inc

Grant Private Wealth Management Inc trimmed its position in shares of Micron Technology, Inc. (NASDAQ:MU) by 36.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,464 shares of the semiconductor manufacturer’s stock after selling 2,000 shares during the period. Grant Private Wealth Management Inc’s holdings in Micron Technology were worth $989,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in MU. Brighton Jones LLC grew its holdings in Micron Technology by 18.3% during the 4th quarter. Brighton Jones LLC now owns 6,318 shares of the semiconductor manufacturer’s stock worth $532,000 after acquiring an additional 976 shares in the last quarter. Sivia Capital Partners LLC raised its holdings in shares of Micron Technology by 21.7% in the 2nd quarter. Sivia Capital Partners LLC now owns 3,528 shares of the semiconductor manufacturer’s stock valued at $435,000 after purchasing an additional 628 shares in the last quarter. United Bank acquired a new stake in shares of Micron Technology in the 2nd quarter valued at $236,000. Schnieders Capital Management LLC. lifted its position in shares of Micron Technology by 67.9% during the 2nd quarter. Schnieders Capital Management LLC. now owns 16,984 shares of the semiconductor manufacturer’s stock worth $2,093,000 after purchasing an additional 6,867 shares during the last quarter. Finally, Kingsview Wealth Management LLC grew its stake in shares of Micron Technology by 12.5% during the second quarter. Kingsview Wealth Management LLC now owns 5,964 shares of the semiconductor manufacturer’s stock worth $735,000 after purchasing an additional 661 shares in the last quarter. Institutional investors and hedge funds own 80.84% of the company’s stock.

Key Micron Technology News

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

• Positive Sentiment: Q2 blowout: record revenue, huge margin expansion and aggressive Q3 guidance that highlights ongoing AI/HBM demand — underpins multi‑year growth thesis. Micron’s Mic-Drop Quarter: AI Memory Demand Supercharged Earnings
• Positive Sentiment: Wall Street is raising targets: numerous firms bumped price targets (several into the $500s–$700s) and reiterated buys, reflecting confidence in pricing power and tight supply. Micron Stock Forecast Soars as Analysts See ‘No Indication of Slowing Momentum’
• Positive Sentiment: Capital returns: Micron raised its quarterly dividend ~30% to $0.15, signaling confidence in cash flow generation. (Company release)
• Neutral Sentiment: Product/capacity updates: Micron is ramping HBM4 and PCIe Gen6 SSDs and says much of near‑term capacity is sold out — positive for pricing but tied to execution risk. Micron’s New HBM4 And PCIe Gen6 SSDs Test Lofty AI Valuation
• Negative Sentiment: Higher capex and spending plans worried investors: management flagged a meaningful spending ramp to expand capacity/quality, which investors fear could pressure free cash flow and cap current margin momentum. Micron shares slip as hefty spending plans eclipse strong AI-fueled earnings
• Negative Sentiment: Sell‑the‑news / downgrade pressure: despite the beat, some investors trimmed positions and at least one bearish note flagged increasing HBM competition (Samsung entering NVIDIA supply chain) and cyclical risk, prompting a pullback. Micron: Entering The Danger Zone (Rating Downgrade)

Insider Buying and Selling

In other news, EVP Manish H. Bhatia sold 26,623 shares of the stock in a transaction that occurred on Thursday, January 22nd. The stock was sold at an average price of $391.04, for a total value of $10,410,657.92. Following the completion of the sale, the executive vice president directly 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP April S. Arnzen sold 15,000 shares of the firm’s stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $277.09, for a total transaction of $4,156,350.00. Following the transaction, the executive vice president owned 165,618 shares in the company, valued at approximately $45,891,091.62. This trade represents a 8.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have bought 23,200 shares of company stock valued at $7,821,723 and have sold 68,623 shares valued at $25,989,258. Corporate insiders own 0.24% of the company’s stock.

Micron Technology Stock Performance

NASDAQ MU opened at $444.27 on Friday. The company has a fifty day moving average of $401.09 and a two-hundred day moving average of $280.93. The company has a market capitalization of $500.03 billion, a PE ratio of 20.98 and a beta of 1.50. Micron Technology, Inc. has a 1 year low of $61.54 and a 1 year high of $471.34. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.46 and a quick ratio of 1.78.

Micron Technology (NASDAQ:MU) last posted its earnings results on Wednesday, March 18th. The semiconductor manufacturer reported $12.20 EPS for the quarter, topping analysts’ consensus estimates of $8.50 by $3.70. The business had revenue of $23.86 billion for the quarter, compared to analysts’ expectations of $18.90 billion. Micron Technology had a return on equity of 44.53% and a net margin of 41.49%.The business’s revenue was up 196.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.56 earnings per share. As a group, analysts expect that Micron Technology, Inc. will post 6.08 earnings per share for the current year.

Micron Technology Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Monday, March 30th will be paid a $0.15 dividend. This is an increase from Micron Technology’s previous quarterly dividend of $0.12. This represents a $0.60 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date is Monday, March 30th. Micron Technology’s dividend payout ratio (DPR) is presently 2.17%.

Analyst Ratings Changes

MU has been the topic of several recent analyst reports. Wedbush increased their target price on Micron Technology from $320.00 to $500.00 and gave the company an “outperform” rating in a report on Friday, March 13th. Piper Sandler upped their price objective on Micron Technology from $275.00 to $400.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 7th. Citigroup increased their price objective on Micron Technology from $430.00 to $510.00 and gave the company a “buy” rating in a report on Thursday. Wolfe Research raised their target price on Micron Technology from $300.00 to $350.00 and gave the stock an “outperform” rating in a research report on Thursday, December 18th. Finally, Needham & Company LLC boosted their target price on Micron Technology from $450.00 to $500.00 and gave the stock a “buy” rating in a research note on Thursday. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, Micron Technology has an average rating of “Buy” and an average price target of $453.55.

Micron Technology Company 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.