Winnow Wealth LLC Increases Stock Position in Micron Technology, Inc. $MU

Winnow Wealth LLC lifted its holdings in Micron Technology, Inc. (NASDAQ:MU) by 724.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 3,767 shares of the semiconductor manufacturer’s stock after purchasing an additional 3,310 shares during the period. Micron Technology comprises 0.8% of Winnow Wealth LLC’s holdings, making the stock its 24th biggest position. Winnow Wealth LLC’s holdings in Micron Technology were worth $1,077,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of MU. Brighton Jones LLC raised its stake in shares of Micron Technology by 18.3% during the 4th quarter. Brighton Jones LLC now owns 6,318 shares of the semiconductor manufacturer’s stock worth $532,000 after acquiring an additional 976 shares in the last quarter. Sivia Capital Partners LLC raised its stake in shares of Micron Technology by 21.7% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,528 shares of the semiconductor manufacturer’s stock worth $435,000 after acquiring an additional 628 shares in the last quarter. United Bank bought a new position in shares of Micron Technology during the 2nd quarter worth approximately $236,000. Schnieders Capital Management LLC. raised its stake in shares of Micron Technology by 67.9% during the 2nd quarter. Schnieders Capital Management LLC. now owns 16,984 shares of the semiconductor manufacturer’s stock worth $2,093,000 after acquiring an additional 6,867 shares in the last quarter. Finally, Sei Investments Co. raised its stake in shares of Micron Technology by 5.6% during the 2nd quarter. Sei Investments Co. now owns 405,545 shares of the semiconductor manufacturer’s stock worth $49,987,000 after acquiring an additional 21,619 shares in the last quarter. Institutional investors own 80.84% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently commented on MU shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Micron Technology in a research note on Tuesday, May 12th. Barclays boosted their price objective on shares of Micron Technology from $450.00 to $675.00 and gave the stock an “overweight” rating in a research note on Thursday, March 19th. Rosenblatt Securities reiterated a “buy” rating and set a $500.00 price objective on shares of Micron Technology in a research note on Monday, March 16th. DA Davidson began coverage on shares of Micron Technology in a research note on Monday, May 11th. They set a “buy” rating and a $1,000.00 price objective for the company. Finally, Wedbush upped their price target on shares of Micron Technology from $320.00 to $500.00 and gave the company an “outperform” rating in a research note on Friday, March 13th. Five equities research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $690.97.

Micron Technology Stock Up 9.9%

NASDAQ:MU opened at $949.28 on Tuesday. The firm has a market capitalization of $1.07 trillion, a P/E ratio of 44.82 and a beta of 2.16. Micron Technology, Inc. has a 1-year low of $103.38 and a 1-year high of $1,089.29. The company’s fifty day moving average price is $629.16 and its 200-day moving average price is $444.45. 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 (NASDAQ:MU) last released its quarterly earnings data on Wednesday, March 18th. The semiconductor manufacturer reported $12.20 earnings per share for the quarter, topping analysts’ consensus estimates of $9.19 by $3.01. The firm had revenue of $23.86 billion for the quarter, compared to analyst estimates of $19.97 billion. Micron Technology had a net margin of 41.49% and a return on equity of 41.16%. The business’s quarterly revenue was up 196 compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.56 earnings per share. As a group, equities research analysts anticipate that Micron Technology, Inc. will post 58.79 EPS for the current year.

Micron Technology Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Monday, March 30th were paid a $0.15 dividend. The ex-dividend date was Monday, March 30th. This is an increase 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 (DPR) is currently 2.83%.

Micron Technology News Summary

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

• Positive Sentiment: Micron is rebounding as investors buy the dip in memory-chip stocks after the broader AI pullback, with traders betting the recent selloff was overdone. Why Micron Stock Is a Buy as It Claws Back Losses From AI Selloff
• Positive Sentiment: Nvidia’s partnership with SK Hynix helped spark optimism across AI memory names, supporting Micron’s rebound and signaling continued strong demand for advanced memory products. Why Micron stock is surging today?
• Positive Sentiment: Wall Street turned more upbeat on Micron, with Wells Fargo and Cantor Fitzgerald both sharply raising price targets and maintaining bullish ratings, reinforcing the view that the AI memory cycle still has room to run. Benzinga report on price target hikes
• Positive Sentiment: Analysts continue to frame Micron as a beneficiary of a multi-year memory shortage and long-term AI infrastructure buildout, which supports the stock’s recent strength. Micron’s stock bounces back in a big way: ‘The memory trade is alive and well’
• Neutral Sentiment: Several recent articles focus on Micron’s upcoming June 24 earnings and large expected post-earnings move, which could keep trading volatile but also heightens event-driven interest in the stock. Micron’s Q3 Earnings on June 24: Options Market Signals a Huge 20% Swing Ahead
• Negative Sentiment: A new 2x inverse ETF tied to Micron was launched, reflecting some market demand for bearish exposure and reminding investors that sentiment can still swing quickly after the recent run-up. Defiance Launches MUZ: The First 2X Short ETF for Micron Technology, Inc.

Insider Buying and Selling at Micron Technology

In other news, CEO Sanjay Mehrotra sold 37,439 shares of the stock in a transaction on Friday, May 29th. The shares were sold at an average price of $960.38, for a total value of $35,955,666.82. Following the sale, the chief executive officer owned 387,064 shares in the company, valued at $371,728,524.32. This represents a 8.82% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 completion of the sale, the executive vice president owned 224,021 shares in the company, valued at $94,391,248.35. The trade was a 9.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 146,000 shares of company stock worth $85,486,715 over the last ninety days. 0.24% of the stock is owned by insiders.

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.