Phillips Wealth Planners LLC Decreases Stock Holdings in Micron Technology, Inc. $MU

Phillips Wealth Planners LLC lowered its stake in Micron Technology, Inc. (NASDAQ:MU) by 53.1% during the 3rd quarter, HoldingsChannel reports. The firm owned 1,655 shares of the semiconductor manufacturer’s stock after selling 1,875 shares during the period. Phillips Wealth Planners LLC’s holdings in Micron Technology were worth $277,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the stock. American Capital Advisory LLC boosted its stake in shares of Micron Technology by 20.4% in the 3rd quarter. American Capital Advisory LLC now owns 272 shares of the semiconductor manufacturer’s stock worth $46,000 after buying an additional 46 shares during the last quarter. Teamwork Financial Advisors LLC lifted its holdings in Micron Technology by 0.4% in the third quarter. Teamwork Financial Advisors LLC now owns 14,974 shares of the semiconductor manufacturer’s stock valued at $2,505,000 after acquiring an additional 53 shares during the period. Blue Trust Inc. boosted its position in Micron Technology by 0.5% in the third quarter. Blue Trust Inc. now owns 10,633 shares of the semiconductor manufacturer’s stock worth $1,779,000 after purchasing an additional 53 shares during the last quarter. Lodestone Wealth Management LLC grew its stake in shares of Micron Technology by 3.2% during the 3rd quarter. Lodestone Wealth Management LLC now owns 1,693 shares of the semiconductor manufacturer’s stock valued at $283,000 after purchasing an additional 53 shares during the period. Finally, Allen Capital Group LLC grew its stake in shares of Micron Technology by 1.2% during the 3rd quarter. Allen Capital Group LLC now owns 4,554 shares of the semiconductor manufacturer’s stock valued at $762,000 after purchasing an additional 54 shares during the period. 80.84% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on MU shares. JPMorgan Chase & Co. increased their price objective on shares of Micron Technology from $220.00 to $350.00 and gave the stock an “overweight” rating in a research note on Thursday, December 18th. Deutsche Bank Aktiengesellschaft increased their price target on shares of Micron Technology from $200.00 to $280.00 and gave the stock a “buy” rating in a research report on Tuesday, December 9th. Wedbush set a $320.00 price objective on shares of Micron Technology in a research report on Thursday, December 18th. Wall Street Zen upgraded Micron Technology from a “buy” rating to a “strong-buy” rating in a research note on Sunday, November 23rd. Finally, Bank of America lifted their target price on Micron Technology from $300.00 to $400.00 and gave the company a “buy” rating in a research report on Tuesday, January 13th. Six analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $353.21.

Insider Activity

In other Micron Technology news, EVP Manish H. Bhatia sold 26,623 shares of the business’s stock in a transaction on Thursday, January 22nd. The shares were sold at an average price of $391.04, for a total value of $10,410,657.92. Following the sale, the executive vice president owned 323,486 shares in the company, valued at $126,495,965.44. The trade was a 7.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Scott R. Allen sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $337.50, for a total value of $675,000.00. Following the transaction, the chief accounting officer owned 38,237 shares of the company’s stock, valued at approximately $12,904,987.50. The trade was a 4.97% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have purchased 23,200 shares of company stock valued at $7,821,723 and have sold 73,623 shares valued at $27,307,408. 0.24% of the stock is currently owned by corporate insiders.

Key Micron Technology News

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

• Positive Sentiment: Analyst/strategy piece argues Micron’s AI-driven demand and pricing power can push revenue toward ~$100B by FY2027, citing high margins and the company’s ability to shift supply to higher‑margin AI customers — supports earnings upside and higher valuation. Micron: Nothing Is Over
• Positive Sentiment: Major brokers raised price targets (Morgan Stanley, Deutsche Bank), signaling institutional confidence and potential catalyst for further buying if guidance/earnings confirm AI demand traction. Morgan Stanley, Deutsche Bank Raise Micron (MU) Price Targets
• Positive Sentiment: MarketBeat notes technical strength, institutional accumulation and resumed buybacks — these support momentum and reduce downside if cash flow and capacity ramps stay on track. Micron’s Run Isn’t Over—3 Signals Point to More Upside
• Positive Sentiment: Zacks highlights MU as a long-term growth stock based on style scores and secular memory demand, reinforcing a buy case for long-term investors focused on AI/data‑center cycles. Why Micron (MU) is a Top Growth Stock for the Long-Term
• Neutral Sentiment: Coverage pieces (Blockonomi, TipRanks) summarize the huge one‑year gain and supply shortage through 2028, but frame a valuation debate — useful context for traders weighing momentum vs. fundamentals. Micron (MU) Stock Soars on AI Memory Shortage But Valuation Debate Heats Up
• Neutral Sentiment: Investor commentary calls MU a “fork in the road” trade — momentum can continue, but investors should watch guidance, production ramp timelines and competition before adding exposure. ‘A Fork in the Road,’ Says Investor About Micron Stock
• Negative Sentiment: Headline pieces question whether MU’s 300%+ rally has outpaced fundamentals and warn that a stretched valuation or any production/guidance disappointment could trigger sharp pullbacks. Has Micron (MU) Run Too Far After AI Memory Hype And 315% One‑Year Surge?
• Positive Sentiment: Optimistic valuation forecast: The Motley Fool predicts a lofty upside scenario (e.g., $1,200 by end‑2026) based on Micron’s position as a large-scale U.S. memory producer and ongoing memory shortages — bullish but speculative, and likely to boost retail interest. Prediction: Micron’s Stock Could Reach $1,200 by the End of 2026

Micron Technology Trading Down 0.6%

Shares of MU stock opened at $411.66 on Tuesday. 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 stock has a fifty day simple moving average of $338.27 and a two-hundred day simple moving average of $234.86. The firm has a market capitalization of $463.33 billion, a PE ratio of 39.13 and a beta of 1.51. Micron Technology, Inc. has a 52-week low of $61.54 and a 52-week high of $455.50.

Micron Technology (NASDAQ:MU) last released its quarterly earnings data on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $12.62 billion. During the same quarter in the prior year, the company posted $1.79 earnings per share. The business’s quarterly revenue was up 56.7% compared to the same quarter last year. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. On average, analysts predict that Micron Technology, Inc. will post 6.08 EPS for the current fiscal year.

Micron Technology Dividend Announcement

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

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.