Maxele Advisors LLC purchased a new position in shares of Micron Technology, Inc. (NASDAQ:MU – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 755 shares of the semiconductor manufacturer’s stock, valued at approximately $215,000.
Several other hedge funds have also recently modified their holdings of MU. REAP Financial Group LLC acquired a new position in shares of Micron Technology during the 3rd quarter worth about $25,000. Elevation Wealth Partners LLC raised its position in shares of Micron Technology by 295.8% during the 4th quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer’s stock worth $27,000 after purchasing an additional 71 shares during the last quarter. Steigerwald Gordon & Koch Inc. raised its position in shares of Micron Technology by 4,800.0% during the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 98 shares of the semiconductor manufacturer’s stock worth $28,000 after purchasing an additional 96 shares during the last quarter. GHP Investment Advisors Inc. raised its position in shares of Micron Technology by 91.2% during the 4th quarter. GHP Investment Advisors Inc. now owns 109 shares of the semiconductor manufacturer’s stock worth $31,000 after purchasing an additional 52 shares during the last quarter. Finally, Joseph Group Capital Management acquired a new position in shares of Micron Technology during the 4th quarter worth about $31,000. Institutional investors and hedge funds own 80.84% of the company’s stock.
Key Headlines Impacting Micron Technology
Here are the key news stories impacting Micron Technology this week:
- Positive Sentiment: Bank of America sharply raised its price target on Micron to $950 from $500 and kept a Buy rating, citing stronger long-term demand for high-performance memory used in AI servers and data centers. BofA Sees More Room for Micron’s AI Rally
- Positive Sentiment: Multiple articles highlighted Micron as a major winner from the AI buildout, with record results, strong sequential growth, and all of its 2026 HBM output already contracted to major tech customers. A Look At Micron Technology (MU) Valuation As AI Memory Demand Drives Record Results And Long Term HBM Contracts
- Positive Sentiment: Micron also unveiled/started sampling a high-capacity 256GB DDR5 server module built on 1-gamma DRAM, reinforcing its positioning in AI and data-center infrastructure. Micron (MU) Samples High-Speed 256GB DDR5 RDIMMs Built on 1-Gamma DRAM Tech
- Neutral Sentiment: Several pieces note that Micron’s valuation has already soared dramatically, so some investors are watching for volatility or a pullback after the steep rally. Micron Investors Face a High-Stakes Moment After the Latest Rally
- Neutral Sentiment: News that a director sold 2,000 shares may add a small overhang, but it looks more like routine insider selling than a fundamental warning. Steven Gomo Sells 2,000 Shares of Micron Technology (NASDAQ:MU) Stock
- Negative Sentiment: One Zacks headline framed the move lower as a reaction to the stock’s sharp recent rally, suggesting traders may be taking profits even as the broader AI narrative stays intact. Micron (MU) Stock Sinks As Market Gains: Here’s Why
Insider Activity
Micron Technology Stock Down 3.4%
MU stock opened at $776.01 on Friday. The company has a market cap of $875.13 billion, a price-to-earnings ratio of 36.64 and a beta of 1.91. The company has a current ratio of 2.90, a quick ratio of 2.32 and a debt-to-equity ratio of 0.13. Micron Technology, Inc. has a 12 month low of $90.93 and a 12 month high of $818.67. The firm has a 50-day moving average of $472.61 and a two-hundred day moving average of $368.17.
Micron Technology Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Monday, March 30th were paid a $0.15 dividend. This is a positive change from Micron Technology’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend was Monday, March 30th. This represents a $0.60 annualized dividend and a dividend yield of 0.1%. Micron Technology’s dividend payout ratio is currently 2.83%.
Analyst Upgrades and Downgrades
A number of research firms have commented on MU. Mizuho increased their price objective on shares of Micron Technology from $480.00 to $530.00 and gave the company an “outperform” rating in a report on Thursday, March 19th. TD Cowen increased their price objective on shares of Micron Technology from $550.00 to $660.00 and gave the company a “buy” rating in a report on Tuesday, April 28th. Wedbush increased 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. Citigroup cut their price objective on shares of Micron Technology from $510.00 to $425.00 and set a “buy” rating for the company in a report on Tuesday, March 31st. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Micron Technology in a report on Tuesday. Five equities research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $495.63.
Read Our Latest Stock Analysis on Micron Technology
About Micron Technology
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.
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