Continuum Advisory LLC Has $6.76 Million Stock Position in Micron Technology, Inc. $MU

Continuum Advisory LLC reduced its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 3.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 23,674 shares of the semiconductor manufacturer’s stock after selling 721 shares during the period. Micron Technology makes up approximately 0.7% of Continuum Advisory LLC’s holdings, making the stock its 29th biggest holding. Continuum Advisory LLC’s holdings in Micron Technology were worth $6,757,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. Manning & Napier Advisors LLC raised its holdings in shares of Micron Technology by 2.4% in the fourth quarter. Manning & Napier Advisors LLC now owns 1,030 shares of the semiconductor manufacturer’s stock valued at $301,000 after purchasing an additional 24 shares during the last quarter. Round Rock Advisors LLC raised its holdings in shares of Micron Technology by 0.6% in the fourth quarter. Round Rock Advisors LLC now owns 4,333 shares of the semiconductor manufacturer’s stock valued at $1,237,000 after purchasing an additional 25 shares during the last quarter. Arlington Trust Co LLC raised its holdings in shares of Micron Technology by 26.3% in the fourth quarter. Arlington Trust Co LLC now owns 120 shares of the semiconductor manufacturer’s stock valued at $34,000 after purchasing an additional 25 shares during the last quarter. Manuka Financial LLC raised its holdings in shares of Micron Technology by 2.3% in the fourth quarter. Manuka Financial LLC now owns 1,243 shares of the semiconductor manufacturer’s stock valued at $355,000 after purchasing an additional 28 shares during the last quarter. Finally, Valued Wealth Advisors LLC raised its holdings in shares of Micron Technology by 20.9% in the fourth quarter. Valued Wealth Advisors LLC now owns 168 shares of the semiconductor manufacturer’s stock valued at $48,000 after purchasing an additional 29 shares during the last quarter. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Micron Technology Price Performance

NASDAQ:MU opened at $996.00 on Friday. Micron Technology, Inc. has a 1-year low of $103.38 and a 1-year high of $1,089.29. The company has a current ratio of 2.90, a quick ratio of 2.32 and a debt-to-equity ratio of 0.13. The firm has a fifty day simple moving average of $607.64 and a 200 day simple moving average of $434.99. The stock has a market capitalization of $1.12 trillion, a PE ratio of 47.03 and a beta of 2.16.

Micron Technology (NASDAQ:MU) last released its earnings results on Wednesday, March 18th. The semiconductor manufacturer reported $12.20 earnings per share for the quarter, beating the consensus estimate of $9.19 by $3.01. Micron Technology had a net margin of 41.49% and a return on equity of 41.16%. The business had revenue of $23.86 billion during the quarter, compared to analysts’ expectations of $19.97 billion. During the same period last year, the business earned $1.56 earnings per share. The firm’s revenue was up 196 on a year-over-year basis. On average, research analysts expect that Micron Technology, Inc. will post 58.62 EPS for the current fiscal year.

Micron Technology Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Monday, March 30th were paid a $0.15 dividend. This is a boost from Micron Technology’s previous quarterly dividend of $0.12. This represents a $0.60 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Monday, March 30th. Micron Technology’s dividend payout ratio (DPR) is 2.83%.

Key Stories Impacting Micron Technology

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

• Positive Sentiment: Micron continues to benefit from strong AI and high-bandwidth memory demand, with multiple recent articles highlighting bullish analyst upgrades, rising price targets, and long-term supply agreements that could support earnings and margins. Micron, Marvell, and Broadcom lead chipmakers’ premarket losses
• Positive Sentiment: Micron’s huge year-to-date run and recent record highs have drawn attention from traders and strategists who argue the stock may still have upside because memory supply remains tight. Strategist Defends Semiconductor Rally Despite Bubble Fears
• Neutral Sentiment: Recent coverage also notes unusually high trading interest in Micron-linked ETFs and leveraged products, reflecting speculation and momentum rather than a change in fundamentals. Investor Turned $258K to $3M This Year Using This Micron ETF
• Negative Sentiment: Today’s decline appears tied to a broader semiconductor selloff after Broadcom’s weaker AI outlook raised concerns that AI spending growth may be normalizing, not accelerating indefinitely. Why Is Micron Stock Falling Today? A New Warning Points to an Early Peak.
• Negative Sentiment: Some analysts are warning that memory-chip prices may be nearing a peak, which could limit upside if supply improves or pricing power weakens after the recent surge. Micron Stock Drops, Brace for the Memory-Price Peak

Insider Activity

In related news, CEO Sanjay Mehrotra sold 40,000 shares of the firm’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $536.26, for a total value of $21,450,400.00. Following the completion of the transaction, the chief executive officer directly owned 424,503 shares of the company’s stock, valued at approximately $227,643,978.78. This trade represents a 8.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP April S. Arnzen sold 40,000 shares of Micron Technology stock in a transaction 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 transaction, the executive vice president directly owned 125,737 shares of the company’s stock, valued at approximately $43,679,776.43. This trade represents a 24.13% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 146,000 shares of company stock valued at $85,486,715 over the last three months. Corporate insiders own 0.24% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Royal Bank Of Canada lifted their price objective on shares of Micron Technology from $425.00 to $525.00 and gave the company an “outperform” rating in a report on Monday, March 16th. Melius Research assumed coverage on shares of Micron Technology in a report on Monday, April 27th. They issued a “buy” rating and a $700.00 price objective on the stock. Raymond James Financial lifted their price objective on shares of Micron Technology from $530.00 to $1,100.00 and gave the company an “outperform” rating in a report on Monday. Wedbush lifted their price objective on shares of Micron Technology from $320.00 to $500.00 and gave the company an “outperform” rating in a report on Friday, March 13th. Finally, Sanford C. Bernstein lifted their price objective on shares of Micron Technology from $330.00 to $510.00 and gave the company an “outperform” rating in a report on Wednesday, March 18th. Five equities research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Micron Technology presently has a consensus rating of “Buy” and a consensus target price of $641.97.

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.