Root Financial Partners LLC Raises Stock Holdings in Micron Technology, Inc. $MU

Root Financial Partners LLC boosted its stake in Micron Technology, Inc. (NASDAQ:MU) by 201.9% during the 4th quarter, Holdings Channel reports. The institutional investor owned 3,508 shares of the semiconductor manufacturer’s stock after acquiring an additional 2,346 shares during the period. Root Financial Partners LLC’s holdings in Micron Technology were worth $1,001,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of MU. Generation Capital Management LLC purchased a new stake in Micron Technology during the third quarter worth about $238,000. Wealthfront Advisers LLC increased its stake in Micron Technology by 9.8% during the third quarter. Wealthfront Advisers LLC now owns 95,396 shares of the semiconductor manufacturer’s stock worth $15,962,000 after purchasing an additional 8,489 shares during the period. Westpac Banking Corp increased its stake in Micron Technology by 251.0% during the third quarter. Westpac Banking Corp now owns 23,086 shares of the semiconductor manufacturer’s stock worth $3,863,000 after purchasing an additional 16,509 shares during the period. Avanda Investment Management Pte. Ltd. purchased a new stake in Micron Technology during the third quarter worth about $418,000. Finally, Wellington Management Group LLP increased its stake in Micron Technology by 19.9% during the third quarter. Wellington Management Group LLP now owns 7,150,530 shares of the semiconductor manufacturer’s stock worth $1,196,427,000 after purchasing an additional 1,188,296 shares during the period. 80.84% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CEO Sanjay Mehrotra sold 40,000 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $536.26, for a total transaction of $21,450,400.00. Following the completion of the sale, the chief executive officer owned 424,503 shares in the company, valued at $227,643,978.78. This represents a 8.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Steven J. Gomo sold 2,000 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $787.03, for a total value of $1,574,060.00. Following the sale, the director owned 17,139 shares of the company’s stock, valued at $13,488,907.17. This trade represents a 10.45% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 106,000 shares of company stock worth $47,032,460 over the last three months. 0.24% of the stock is owned by company insiders.

Micron Technology Price Performance

MU stock opened at $1,035.50 on Tuesday. The company has a market capitalization of $1.17 trillion, a P/E ratio of 48.89 and a beta of 2.15. Micron Technology, Inc. has a twelve month low of $94.40 and a twelve month high of $1,046.97. The business has a 50 day simple moving average of $569.31 and a 200-day simple moving average of $418.02. 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 (NASDAQ:MU) last posted its quarterly earnings data on Wednesday, March 18th. The semiconductor manufacturer reported $12.20 earnings per share for the quarter, beating the consensus estimate of $9.19 by $3.01. Micron Technology had a return on equity of 41.16% and a net margin of 41.49%.The business had revenue of $23.86 billion during the quarter, compared to the consensus estimate of $19.97 billion. During the same period in the prior year, the company earned $1.56 earnings per share. The company’s revenue was up 196 compared to the same quarter last year. As a group, equities analysts anticipate that Micron Technology, Inc. will post 58.62 EPS for the current year.

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 paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend 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 was Monday, March 30th. Micron Technology’s dividend payout ratio (DPR) is currently 2.83%.

Micron Technology News Summary

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

• Positive Sentiment: Micron unveiled its AI-optimized memory and storage portfolio at COMPUTEX 2026, including HBM4, high-capacity DDR5, and advanced SSDs, reinforcing the company’s position as a key supplier for AI infrastructure. Micron Powers AI Everywhere at COMPUTEX 2026
• Positive Sentiment: Wall Street remains bullish, with firms including Raymond James, Mizuho, and Susquehanna lifting price targets sharply as memory demand and AI-driven supply constraints continue to support the outlook. Micron Gains Wall Street Support as Memory Demand Builds
• Positive Sentiment: Micron’s stock has surged to fresh record highs and briefly joined the $1 trillion market-cap club, reflecting strong investor enthusiasm for the memory-chip boom and AI cycle. Why Micron Stock Hit a New All-Time High Today
• Positive Sentiment: Articles across the financial media continue to frame Micron as a major beneficiary of AI memory shortages and improving pricing power, which can keep momentum traders interested. As Micron’s stock blows past $1,000, Wall Street sees more gains in store
• Neutral Sentiment: Some commentators are warning that MU is extremely extended after its historic rally, with technical and valuation-based articles arguing the stock may be overheated in the near term. Micron stock flashes major crash signal in over 30 years
• Negative Sentiment: Bearish pieces are also questioning whether Micron can sustain its current pace, citing overbought conditions, possible market-share concerns, and bubble fears after the huge run-up. Micron: Forget The Memory Supercycle – Market Share Is My Biggest Concern

Wall Street Analyst Weigh In

A number of analysts have issued reports on MU shares. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Micron Technology from $500.00 to $550.00 and gave the stock a “buy” rating in a research note on Thursday, March 19th. TD Cowen boosted their price target on shares of Micron Technology from $550.00 to $660.00 and gave the stock a “buy” rating in a research note on Tuesday, April 28th. Morgan Stanley upped their target price on shares of Micron Technology from $350.00 to $450.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 11th. Raymond James Financial upped their target price on shares of Micron Technology from $530.00 to $1,100.00 and gave the stock an “outperform” rating in a research note on Monday. Finally, Citigroup upped their target price on shares of Micron Technology from $425.00 to $840.00 and gave the stock a “buy” rating in a research note on Tuesday, May 19th. Five equities research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Buy” and an average target price of $621.97.

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.