Nvest Financial LLC Raises Position in Micron Technology, Inc. $MU

Nvest Financial LLC grew its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 39.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,526 shares of the semiconductor manufacturer’s stock after buying an additional 1,858 shares during the quarter. Nvest Financial LLC’s holdings in Micron Technology were worth $1,862,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in MU. Avestar Capital LLC increased its position in shares of Micron Technology by 12.0% in the fourth quarter. Avestar Capital LLC now owns 8,648 shares of the semiconductor manufacturer’s stock valued at $2,468,000 after acquiring an additional 924 shares during the period. GKV Capital Management Co. Inc. purchased a new stake in Micron Technology in the 4th quarter worth approximately $500,000. CIBC Asset Management Inc grew its position in shares of Micron Technology by 56.8% in the 4th quarter. CIBC Asset Management Inc now owns 538,358 shares of the semiconductor manufacturer’s stock worth $153,653,000 after buying an additional 195,097 shares during the last quarter. Marble Wealth LLC purchased a new position in shares of Micron Technology during the fourth quarter valued at approximately $928,000. Finally, MJT & Associates Financial Advisory Group Inc. increased its stake in shares of Micron Technology by 59.0% during the fourth quarter. MJT & Associates Financial Advisory Group Inc. now owns 701 shares of the semiconductor manufacturer’s stock valued at $200,000 after buying an additional 260 shares during the period. 80.84% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

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 shares were sold at an average price of $347.39, for a total value of $13,895,600.00. Following the completion of the transaction, the executive vice president directly owned 125,737 shares in the company, valued at $43,679,776.43. The trade was a 24.13% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Steven J. Gomo sold 2,000 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $787.03, for a total value of $1,574,060.00. Following the completion of the transaction, the director directly owned 17,139 shares in the company, valued at $13,488,907.17. This trade represents a 10.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 146,000 shares of company stock valued at $85,486,715 in the last quarter. Insiders own 0.24% of the company’s stock.

Key Stories Impacting Micron Technology

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

• Positive Sentiment: Morgan Stanley more than doubled its price target on Micron to $1,050 and kept an Overweight rating, signaling continued confidence in the company’s memory pricing power and AI demand tailwinds.
• Positive Sentiment: Other recent coverage highlighted that booming AI infrastructure spending is still favoring Micron, with analysts saying the memory-stock runup may not be over yet and that shortages could keep supporting earnings and margins. Article Title
• Positive Sentiment: Micron’s AI strategy got another boost from reports around its COMPUTEX 2026 product lineup, including HBM4 and next-gen memory/storage products aimed at AI servers and edge AI applications.
• Positive Sentiment: Several articles also noted Micron’s strong recent business momentum, including soaring revenue growth and expectations that the company will benefit from the AI server buildout into its upcoming fiscal third-quarter earnings report.
• Neutral Sentiment: At the same time, some investors are starting to focus on risk factors: Chinese memory-chip makers are increasing production, which could narrow Micron’s competitive advantage over time.
• Neutral Sentiment: A few commentary pieces warned that after Micron’s huge run and trillion-dollar valuation, the stock may be priced for perfection, leaving less room for error if earnings or guidance disappoint.
• Negative Sentiment: Micron CEO Sanjay Mehrotra sold shares in late May, which may be viewed as a mild cautionary signal, though insider sales do not necessarily reflect a change in the company’s outlook.

Analyst Ratings Changes

A number of brokerages recently commented on MU. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Micron Technology in a research note on Tuesday, May 12th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Micron Technology from $500.00 to $550.00 and gave the stock a “buy” rating in a research report on Thursday, March 19th. Raymond James Financial lifted their target price on shares of Micron Technology from $530.00 to $1,100.00 and gave the company an “outperform” rating in a research note on Monday. UBS Group increased their price target on shares of Micron Technology from $535.00 to $1,625.00 and gave the stock a “buy” rating in a research note on Tuesday, May 26th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Micron Technology from $350.00 to $550.00 and gave the stock an “overweight” rating in a report on Thursday, March 19th. Five investment 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. According to MarketBeat.com, Micron Technology presently has a consensus rating of “Buy” and a consensus price target of $641.97.

Micron Technology Price Performance

Shares of NASDAQ:MU opened at $1,079.57 on Thursday. The business has a fifty day moving average price of $595.64 and a 200-day moving average price of $429.72. 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 company has a market capitalization of $1.22 trillion, a PE ratio of 50.97 and a beta of 2.16. Micron Technology, Inc. has a 1-year low of $101.70 and a 1-year high of $1,089.29.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings results on Wednesday, March 18th. The semiconductor manufacturer reported $12.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $9.19 by $3.01. Micron Technology had a net margin of 41.49% and a return on equity of 41.16%. The company had revenue of $23.86 billion for the quarter, compared to analysts’ expectations of $19.97 billion. During the same quarter in the previous year, the business posted $1.56 EPS. Micron Technology’s revenue was up 196 compared to the same quarter last year. As a group, equities analysts expect that Micron Technology, Inc. will post 58.62 EPS for the current fiscal year.

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 issued a dividend of $0.15 per share. The ex-dividend date was Monday, March 30th. This is a positive change from Micron Technology’s previous quarterly dividend of $0.12. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. Micron Technology’s dividend payout ratio is currently 2.83%.

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.