1,323 Shares in Micron Technology, Inc. $MU Acquired by Sutton Place Investors LLC

Sutton Place Investors LLC acquired a new position in shares of Micron Technology, Inc. (NASDAQ:MU) in the 4th quarter, Holdings Channel.com reports. The fund acquired 1,323 shares of the semiconductor manufacturer’s stock, valued at approximately $378,000.

Several other institutional investors have also recently modified their holdings of the stock. Omnia Family Wealth LLC boosted its holdings in Micron Technology by 2.1% during the fourth quarter. Omnia Family Wealth LLC now owns 1,464 shares of the semiconductor manufacturer’s stock worth $418,000 after buying an additional 30 shares in the last quarter. Capital Advisors Ltd. LLC boosted its holdings in Micron Technology by 16.7% during the fourth quarter. Capital Advisors Ltd. LLC now owns 224 shares of the semiconductor manufacturer’s stock worth $64,000 after buying an additional 32 shares in the last quarter. Sunflower Bank N.A. boosted its holdings in Micron Technology by 2.1% during the fourth quarter. Sunflower Bank N.A. now owns 1,668 shares of the semiconductor manufacturer’s stock worth $476,000 after buying an additional 34 shares in the last quarter. 1900 Wealth Management LLC boosted its holdings in Micron Technology by 2.1% during the fourth quarter. 1900 Wealth Management LLC now owns 1,698 shares of the semiconductor manufacturer’s stock worth $485,000 after buying an additional 35 shares in the last quarter. Finally, Rialto Wealth Management LLC boosted its holdings in Micron Technology by 3.5% during the fourth quarter. Rialto Wealth Management LLC now owns 1,061 shares of the semiconductor manufacturer’s stock worth $303,000 after buying an additional 36 shares in the last quarter. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Micron Technology

In other Micron Technology news, EVP Sumit Sadana sold 25,000 shares of the stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $429.89, for a total value of $10,747,250.00. Following the completion of the sale, the executive vice president owned 248,021 shares in the company, valued at $106,621,747.69. This represents a 9.16% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP April S. Arnzen sold 40,000 shares of the stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $347.39, for a total transaction of $13,895,600.00. Following the completion of the sale, the executive vice president owned 125,737 shares of the company’s stock, valued at approximately $43,679,776.43. The trade was a 24.13% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have purchased 23,200 shares of company stock worth $7,821,723 and have sold 91,623 shares worth $35,053,508. 0.24% of the stock is currently owned by corporate insiders.

Micron Technology Trading Up 7.7%

Micron Technology stock opened at $406.73 on Thursday. The company has a 50 day moving average price of $401.66 and a 200 day moving average price of $304.60. Micron Technology, Inc. has a 52 week low of $63.70 and a 52 week high of $471.34. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.32 and a current ratio of 2.90. The firm has a market capitalization of $458.68 billion, a price-to-earnings ratio of 19.20 and a beta of 1.60.

Micron Technology Increases Dividend

The business 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 $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date is Monday, March 30th. This is a positive change from Micron Technology’s previous quarterly dividend of $0.12. Micron Technology’s payout ratio is currently 2.83%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on MU shares. Sanford C. Bernstein raised their target price on shares of Micron Technology from $330.00 to $510.00 and gave the stock an “outperform” rating in a report on Wednesday, March 18th. Bank of America raised their target price on shares of Micron Technology from $400.00 to $500.00 and gave the stock a “buy” rating in a report on Thursday, March 19th. Needham & Company LLC raised their price objective on shares of Micron Technology from $450.00 to $500.00 and gave the stock a “buy” rating in a research note on Thursday, March 19th. Itau BBA Securities reaffirmed an “outperform” rating on shares of Micron Technology in a research note on Thursday, December 18th. Finally, Wedbush raised their price objective on shares of Micron Technology from $320.00 to $500.00 and gave the stock an “outperform” rating in a research note on Friday, March 13th. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, Micron Technology has a consensus rating of “Buy” and an average target price of $464.61.

Key Stories Impacting Micron Technology

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

• Positive Sentiment: UBS raised its price target to $535 and kept a Buy rating, implying meaningful upside and reinforcing buy-side momentum. Micron price target boosted by UBS as memory “super-cycle” defies norms
• Positive Sentiment: Sector rally tied to easing Middle East tensions/ceasefire headlines has drawn money back into memory names, supporting Micron’s move higher. Micron Stock Skyrockets on Ceasefire News
• Positive Sentiment: Micron announced a strategic investment and deal with SiMa.ai to deepen its presence in edge/robotics AI applications — expands market opportunities for power-efficient memory solutions. Micron Deepens AI Push With SiMa.ai Deal
• Positive Sentiment: Micron is expanding DRAM capacity in Taiwan (acquiring Powerchip’s P5 site), a strategic step to capture sustained AI-driven memory demand and relieve supply constraints. Micron Expands Taiwan DRAM Footprint To Capture Long Term AI Demand
• Positive Sentiment: Analyst upgrades, upward EPS revisions and heavy institutional accumulation (MarketBeat notes institutions buying aggressively) are validating the rebound thesis. The Bottom Is in for Micron Stock: 3 Signals to Buy Now
• Neutral Sentiment: Multiple media pieces frame Micron as a core AI/memory play (long-term growth case) — useful context but not new catalysts by themselves. 3 Reasons Growth Investors Will Love Micron (MU)
• Neutral Sentiment: High hedge-fund ownership and inclusion in screens (dividend/growth lists) indicates strong institutional interest — supportive but can amplify volatility on flows. Here is Why Micron Technology (MU) Is Among the Most Owned Stocks by Hedge Funds
• Negative Sentiment: Cyclical risk and “crowded” long positioning warnings remain — if memory pricing or AI demand disappoints, Micron could see sharp reversals. Micron Technology: Crowded Bet On A Cyclical High
• Negative Sentiment: Some analysts remain cautious (recent Hold/downgrade activity), reflecting concerns about near-term volatility and the memory cycle’s swings. Micron Technology (MU) Gets Downgraded by Analyst

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.