Micron Technology, Inc. $MU is WealthBridge Investment Counsel Inc.’s 8th Largest Position

WealthBridge Investment Counsel Inc. trimmed its position in Micron Technology, Inc. (NASDAQ:MU) by 3.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 41,496 shares of the semiconductor manufacturer’s stock after selling 1,329 shares during the quarter. Micron Technology comprises 3.6% of WealthBridge Investment Counsel Inc.’s holdings, making the stock its 8th largest position. WealthBridge Investment Counsel Inc.’s holdings in Micron Technology were worth $11,843,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of MU. Brighton Jones LLC raised its position in Micron Technology by 18.3% during the fourth quarter. Brighton Jones LLC now owns 6,318 shares of the semiconductor manufacturer’s stock valued at $532,000 after acquiring an additional 976 shares in the last quarter. Sivia Capital Partners LLC raised its position in Micron Technology by 21.7% during the second quarter. Sivia Capital Partners LLC now owns 3,528 shares of the semiconductor manufacturer’s stock valued at $435,000 after acquiring an additional 628 shares in the last quarter. United Bank purchased a new position in Micron Technology during the second quarter valued at approximately $236,000. Schnieders Capital Management LLC. raised its position in Micron Technology by 67.9% during the second quarter. Schnieders Capital Management LLC. now owns 16,984 shares of the semiconductor manufacturer’s stock valued at $2,093,000 after acquiring an additional 6,867 shares in the last quarter. Finally, Gabelli Funds LLC raised its position in Micron Technology by 1.4% during the second quarter. Gabelli Funds LLC now owns 21,800 shares of the semiconductor manufacturer’s stock valued at $2,687,000 after acquiring an additional 300 shares in the last quarter. 80.84% of the stock is currently owned by hedge funds and other institutional investors.

Micron Technology Stock Up 7.7%

Micron Technology stock opened at $406.73 on Thursday. The stock has a market capitalization of $458.68 billion, a PE ratio of 19.20 and a beta of 1.60. Micron Technology, Inc. has a 12 month low of $63.70 and a 12 month high of $471.34. The business has a 50 day simple moving average of $401.66 and a 200-day simple moving average of $304.60. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.90 and a quick ratio of 2.32.

Micron Technology Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders 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 dividend yield of 0.1%. This is a boost from Micron Technology’s previous quarterly dividend of $0.12. The ex-dividend date is Monday, March 30th. Micron Technology’s dividend payout ratio (DPR) is presently 2.83%.

Insiders Place Their Bets

In related news, EVP April S. Arnzen sold 40,000 shares of the business’s 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 directly owned 125,737 shares in the company, valued at approximately $43,679,776.43. The trade was a 24.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Teyin M. Liu purchased 7,820 shares of the company’s stock in a transaction that occurred on Wednesday, January 14th. The shares were purchased at an average price of $337.50 per share, with a total value of $2,639,250.00. Following the completion of the transaction, the director directly owned 25,910 shares of the company’s stock, valued at $8,744,625. This represents a 43.23% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last ninety days, insiders have acquired 23,200 shares of company stock valued at $7,821,723 and have sold 91,623 shares valued at $35,053,508. 0.24% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

MU has been the subject of several recent research reports. Needham & Company LLC lifted their price target on Micron Technology from $450.00 to $500.00 and gave the company a “buy” rating in a research report on Thursday, March 19th. Wedbush lifted their price target on Micron Technology from $320.00 to $500.00 and gave the company an “outperform” rating in a research report on Friday, March 13th. The Goldman Sachs Group lifted their price target on Micron Technology from $360.00 to $400.00 and gave the company a “neutral” rating in a research report on Thursday, March 19th. Morgan Stanley lifted their price target on Micron Technology from $350.00 to $450.00 and gave the company an “overweight” rating in a research report on Wednesday, February 11th. Finally, KeyCorp lifted their price target on Micron Technology from $450.00 to $600.00 and gave the company an “overweight” rating in a research report on Thursday, March 19th. Five analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, Micron Technology has a consensus rating of “Buy” and a consensus target price of $464.61.

Micron Technology News Roundup

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

• Positive Sentiment: UBS raised its price target and reiterated a Buy, citing stronger pricing and durable memory demand — a high-profile analyst boost that supports further upside. Micron price target boosted by UBS
• Positive Sentiment: Micron announced a strategic investment in SiMa.ai and outlined a $35.5M community investment tied to its planned New York megafab — signals the company is building an AI/ecosystem moat and advancing capacity plans. Micron Expands AI Ecosystem
• Positive Sentiment: Capacity expansion: Micron is acquiring Powerchip’s Taichung P5 site and launching cleanroom projects in Taiwan to boost DRAM/HBM output — directly addresses tight supply for AI datacenters and supports pricing power. Micron Expands Taiwan DRAM Footprint
• Positive Sentiment: Yesterday’s sector rally pushed MU sharply higher as de‑escalation in the Middle East and signs of tighter memory markets ignited buying — momentum and institutional accumulation remain supportive. Micron Shares Skyrocket
• Neutral Sentiment: Market commentary continues to highlight Micron as a core AI-memory play; broader sector views (Nasdaq correction talk, AI stock lists) may shift flows into or out of MU depending on risk appetite. Nasdaq correction and AI stock picks
• Negative Sentiment: Profit-taking / technical pullback: MU is trading lower premarket as investors trim positions after a rapid multi‑day surge — some of yesterday’s gains are being unwound. Stocks to Watch
• Negative Sentiment: Cycle/risk reminders: Several commentaries warn Micron’s run could be a crowded, cyclical trade — if AI demand or pricing momentum cools, MU could see volatility. (coverage across analysts and commentary.)

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.