Steinberganna Wealth Management Makes New $424,000 Investment in Micron Technology, Inc. $MU

Steinberganna Wealth Management purchased a new stake in shares of Micron Technology, Inc. (NASDAQ:MU) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 2,537 shares of the semiconductor manufacturer’s stock, valued at approximately $424,000.

Several other institutional investors have also added to or reduced their stakes in MU. Ferguson Wellman Capital Management Inc. lifted its holdings in Micron Technology by 5.5% in the third quarter. Ferguson Wellman Capital Management Inc. now owns 150,593 shares of the semiconductor manufacturer’s stock worth $25,197,000 after buying an additional 7,881 shares during the period. Investors Asset Management of Georgia Inc. GA ADV purchased a new position in shares of Micron Technology in the 3rd quarter valued at approximately $260,000. Beaumont Financial Advisors LLC bought a new stake in shares of Micron Technology during the third quarter valued at approximately $231,000. Meridian Investment Counsel Inc. purchased a new stake in Micron Technology in the third quarter worth $623,000. Finally, Kingswood Wealth Advisors LLC grew its stake in Micron Technology by 67.2% in the third quarter. Kingswood Wealth Advisors LLC now owns 22,282 shares of the semiconductor manufacturer’s stock worth $3,728,000 after purchasing an additional 8,959 shares during the period. 80.84% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

MU has been the topic of a number of research reports. Sanford C. Bernstein boosted their target price on shares of Micron Technology from $270.00 to $330.00 and gave the company an “outperform” rating in a report on Friday, January 2nd. KeyCorp set a $350.00 price objective on shares of Micron Technology in a research note on Thursday, December 18th. Wolfe Research upped their price objective on shares of Micron Technology from $300.00 to $350.00 and gave the stock an “outperform” rating in a report on Thursday, December 18th. Itau BBA Securities reiterated an “outperform” rating on shares of Micron Technology in a report on Thursday, December 18th. Finally, New Street Research reaffirmed a “neutral” rating on shares of Micron Technology in a research report on Tuesday, October 14th. Five research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $292.00.

Micron Technology Stock Performance

MU stock opened at $327.02 on Friday. The stock’s 50 day simple moving average is $254.46 and its 200 day simple moving average is $182.69. The company has a current ratio of 2.46, a quick ratio of 1.78 and a debt-to-equity ratio of 0.19. Micron Technology, Inc. has a 12-month low of $61.54 and a 12-month high of $346.30. The stock has a market capitalization of $368.06 billion, a PE ratio of 31.09, a price-to-earnings-growth ratio of 0.21 and a beta of 1.50.

Micron Technology (NASDAQ:MU) last posted its quarterly earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share for the quarter, topping the consensus estimate of $3.77 by $1.01. Micron Technology had a return on equity of 22.71% and a net margin of 28.15%.The firm had revenue of $13.64 billion during the quarter, compared to analysts’ expectations of $12.62 billion. During the same quarter in the previous year, the business earned $1.79 earnings per share. The company’s revenue was up 56.7% on a year-over-year basis. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. As a group, research analysts forecast that Micron Technology, Inc. will post 6.08 earnings per share for the current fiscal 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. The ex-dividend date is Monday, December 29th. This represents a $0.46 annualized dividend and a yield of 0.1%. Micron Technology’s dividend payout ratio is currently 4.37%.

Key Micron Technology News

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

• Positive Sentiment: UBS raised its price target to $400 and maintained a buy rating, citing sustained AI memory demand and limited supply that supports higher ASPs. UBS Group Boosts Micron Technology (NASDAQ:MU) Price Target to $400.00
• Positive Sentiment: Piper Sandler also lifted its target to $400, highlighting a memory supply squeeze (HBM/DRAM) and signaling upside to MU shares as Micron remains supply-constrained. Micron Technology (NASDAQ:MU) Stock Price Expected to Rise, Piper Sandler Analyst Says
• Positive Sentiment: Analysts and outlets point to persistent AI-driven demand and pricing power (especially for HBM), which supports revenue/gross-margin upside and underpins multiple price-target increases. Micron’s Pricing Power Looks Unstoppable As AI Demand Outruns Supply
• Positive Sentiment: Coverage pieces (Forbes, The Motley Fool, Seeking Alpha) argue Micron has shifted from commodity DRAM competition to strategic AI memory, pointing to strong recent results, raised FY26/FY27 forecasts, and potential for further upside. Up 3x In 2025, What’s Next For Micron Stock?
• Positive Sentiment: Micron announced a megafab groundbreaking in New York, signaling long-term capacity expansion to address the memory shortage and support future revenue growth. Micron Announces Groundbreaking for Historic New York Megafab
• Neutral Sentiment: High-profile endorsements (e.g., Jim Cramer) and momentum/screening recognition (Zacks Rank #1, coverage pieces) increase retail/institutional interest but may already be priced in. Jim Cramer Calls Micron a “Favorite of the Show”
• Neutral Sentiment: Industry peers (e.g., Samsung) reporting record profits from rising memory prices reinforce the thematic tailwind for Micron but also reflect sector-wide cyclicality. Samsung Expects Record Profit as Memory Chip Prices Soar. What It Means for Micron Stock.
• Negative Sentiment: An insider (Micron’s CAO) sold shares recently, a small but visible insider disposition that can be highlighted by short-term traders. SEC Filing: Insider Sale by Scott R. Allen
• Negative Sentiment: The stock is experiencing profit-taking and a market-wide pullback after a rapid run-up; some technical/overbought calls suggest near-term selling pressure could persist. Micron (MU) Stock Drops In Market Pullback, But AI Memory Demand Stays Hot
• Negative Sentiment: Coverage noting the stock is overbought and elevated valuations increases risk of short-term reversals despite bullish fundamentals. Stock Of The Day: Will Micron Technology Reverse?

Insider Activity

In other Micron Technology news, CFO Mark J. Murphy sold 126,000 shares of Micron Technology stock in a transaction that occurred on Thursday, October 30th. The shares were sold at an average price of $225.31, for a total value of $28,389,060.00. Following the completion of the sale, the chief financial officer owned 219,693 shares of the company’s stock, valued at approximately $49,499,029.83. The trade was a 36.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Sanjay Mehrotra sold 3,743 shares of the business’s stock in a transaction on Friday, November 7th. The shares were sold at an average price of $233.39, for a total transaction of $873,578.77. Following the sale, the chief executive officer owned 396,578 shares of the company’s stock, valued at approximately $92,557,339.42. This represents a 0.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 318,800 shares of company stock worth $72,333,387. 0.24% of the stock is owned by corporate insiders.

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.