Morse Asset Management Inc Buys 2,357 Shares of Micron Technology, Inc. $MU

Morse Asset Management Inc raised its stake in Micron Technology, Inc. (NASDAQ:MU) by 7.7% in the 4th quarter, HoldingsChannel.com reports. The firm owned 32,949 shares of the semiconductor manufacturer’s stock after acquiring an additional 2,357 shares during the period. Micron Technology comprises 1.9% of Morse Asset Management Inc’s holdings, making the stock its 11th largest position. Morse Asset Management Inc’s holdings in Micron Technology were worth $9,404,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Round Rock Advisors LLC raised its holdings in shares of Micron Technology by 0.6% during the fourth quarter. Round Rock Advisors LLC now owns 4,333 shares of the semiconductor manufacturer’s stock valued at $1,237,000 after acquiring an additional 25 shares in the last quarter. Arlington Trust Co LLC raised its holdings in shares of Micron Technology by 26.3% during the fourth quarter. Arlington Trust Co LLC now owns 120 shares of the semiconductor manufacturer’s stock valued at $34,000 after acquiring an additional 25 shares in the last quarter. Manuka Financial LLC raised its holdings in shares of Micron Technology by 2.3% during the fourth quarter. Manuka Financial LLC now owns 1,243 shares of the semiconductor manufacturer’s stock valued at $355,000 after acquiring an additional 28 shares in the last quarter. Valued Wealth Advisors LLC raised its holdings in shares of Micron Technology by 20.9% during the fourth quarter. Valued Wealth Advisors LLC now owns 168 shares of the semiconductor manufacturer’s stock valued at $48,000 after acquiring an additional 29 shares in the last quarter. Finally, Omnia Family Wealth LLC raised its holdings in shares of Micron Technology by 2.1% during the fourth quarter. Omnia Family Wealth LLC now owns 1,464 shares of the semiconductor manufacturer’s stock valued at $418,000 after acquiring an additional 30 shares in the last quarter. Institutional investors own 80.84% of the company’s stock.

Micron Technology Price Performance

Shares of NASDAQ:MU opened at $576.45 on Tuesday. Micron Technology, Inc. has a 1-year low of $78.54 and a 1-year high of $592.80. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.90 and a quick ratio of 2.32. The business has a fifty day moving average price of $422.13 and a 200-day moving average price of $338.52. The company has a market capitalization of $650.08 billion, a PE ratio of 27.22 and a beta of 1.91.

Micron Technology Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Monday, March 30th were issued a dividend of $0.15 per share. The ex-dividend date was Monday, March 30th. 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%. Micron Technology’s dividend payout ratio is 2.83%.

Insider Buying and Selling at Micron Technology

In related news, EVP Sumit Sadana sold 24,000 shares of the stock in a transaction on Friday, April 10th. The stock was sold at an average price of $421.35, for a total transaction of $10,112,400.00. Following the sale, the executive vice president directly owned 224,021 shares of the company’s stock, valued at $94,391,248.35. This trade represents a 9.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP April S. Arnzen sold 40,000 shares of the stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $347.39, for a total value of $13,895,600.00. Following the sale, the executive vice president directly owned 125,737 shares in the company, valued at $43,679,776.43. This trade represents a 24.13% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.24% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on MU shares. Summit Insights downgraded Micron Technology from a “buy” rating to a “hold” rating in a report on Thursday, March 19th. Royal Bank Of Canada increased their price objective on Micron Technology from $425.00 to $525.00 and gave the stock an “outperform” rating in a report on Monday, March 16th. Sanford C. Bernstein increased their price objective on Micron Technology from $330.00 to $510.00 and gave the stock an “outperform” rating in a report on Wednesday, March 18th. Susquehanna increased their price objective on Micron Technology from $345.00 to $525.00 and gave the stock a “positive” rating in a report on Monday, March 9th. Finally, TD Cowen increased their price objective on Micron Technology from $550.00 to $660.00 and gave the stock a “buy” rating in a report on Tuesday, April 28th. Five research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, Micron Technology has a consensus rating of “Buy” and an average price target of $478.24.

Key Stories Impacting Micron Technology

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

• Positive Sentiment: Investor optimism around AI-driven chip demand pushed MU to a new all‑time high as hyperscaler appetite for HBM4 and other memory products fuels near-term revenue visibility. Micron Technology (MU) Hits All-Time High on Chip Demand
• Positive Sentiment: Analysis arguing for a multi‑year structural supply deficit in DRAM/HBM through 2027 supports pricing power and the bull case for sustained margin expansion. Micron’s 50% Rally: Just A Prelude To The Structural Deficit
• Positive Sentiment: New and expanded sell‑side coverage has lifted sentiment — Melius Research initiated coverage with a Buy and $700 target, while other shops raised price targets (one report cited a $1,000 target), adding momentum. Melius Research Begins Coverage of Micron
• Positive Sentiment: Fundamentals: commentary and screeners highlight Micron’s improved profitability (high net margins) and large share gains, which make it attractive in a market rotating into earnings‑driven names. Up More Than 500% and Still Profitable
• Neutral Sentiment: Widespread media coverage and machine‑learning price forecasts are amplifying retail and algorithmic interest, but these are speculative signals rather than new fundamental drivers. Machine learning algorithm predicts Micron stock price
• Neutral Sentiment: Multiple outlets are running bullish explainers and momentum pieces that can sustain flows, but they also make price action more narrative‑driven than fundamentals‑driven in the very short term. What’s Going On With Micron Technology Stock Monday?
• Negative Sentiment: Risk: steep YTD gains and sectorwide rallies raise “froth” concerns; some commentators ask whether chip stocks have run too far too fast, increasing the risk of a sharp pullback on sentiment shifts. Chip Stocks Soared 70%+ in April. Have They Gone Too Far?
• Negative Sentiment: Some analysts argue other players could outperform Micron in specific AI semiconductor niches; divergent views on the long‑run winner in AI hardware add competitive risk. Prediction: This Will Be the Top-Performing AI Semiconductor Stock

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.