Intrua Financial LLC Invests $322,000 in Micron Technology, Inc. $MU

Intrua Financial LLC bought a new stake in shares of Micron Technology, Inc. (NASDAQ:MUFree Report) during the 3rd quarter, according to its most recent filing with the SEC. The firm bought 1,922 shares of the semiconductor manufacturer’s stock, valued at approximately $322,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. First Command Advisory Services Inc. lifted its position in shares of Micron Technology by 225.0% during the second quarter. First Command Advisory Services Inc. now owns 221 shares of the semiconductor manufacturer’s stock worth $27,000 after purchasing an additional 153 shares in the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new position in Micron Technology in the 3rd quarter valued at about $27,000. Howard Hughes Medical Institute purchased a new position in Micron Technology in the 2nd quarter valued at about $30,000. AlphaQuest LLC grew its stake in shares of Micron Technology by 13,250.0% during the second quarter. AlphaQuest LLC now owns 267 shares of the semiconductor manufacturer’s stock valued at $33,000 after acquiring an additional 265 shares in the last quarter. Finally, WealthCollab LLC increased its position in shares of Micron Technology by 4,500.0% during the second quarter. WealthCollab LLC now owns 276 shares of the semiconductor manufacturer’s stock worth $34,000 after acquiring an additional 270 shares during the last quarter. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Key Stories Impacting Micron Technology

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

  • Positive Sentiment: AI-driven demand & sold-out HBM — Company execs and coverage say HBM and DRAM are effectively sold out to AI/cloud customers, supporting tighter pricing and higher revenue for at least the near term. Article Title
  • Positive Sentiment: Taiwan fab purchase to raise capacity — Micron agreed to buy Powerchip’s P5 fab for ~$1.8B to accelerate DRAM production, a tangible step to capture AI-driven demand and reduce supply constraints. Article Title
  • Positive Sentiment: Analyst upgrades and higher price targets — Several firms raised ratings/targets this week (notably big upside targets from TD Cowen and Rosenblatt), which supports buying interest and momentum traders. Article Title
  • Positive Sentiment: Technical/trading signals attracted flows — A “Power Inflow” / order-flow signal flagged intraday buying, drawing short-term momentum traders and pushing the stock higher. Article Title
  • Neutral Sentiment: CEO commentary at Davos / CNBC — Management is publicly emphasizing faster capacity build and supply response, which reassures investors but still leaves timing uncertainty. Article Title
  • Neutral Sentiment: Momentum & coverage — Wide media coverage of a 52-week high and bullish retail/institution chatter is amplifying flows; useful for sentiment but not a fundamentals change by itself. Article Title
  • Negative Sentiment: Capex and margin-cycle risk — Analysts and commentators warn the $1.8B fab buy and massive planned capex raise execution risk and could pressure margins if demand or pricing normalizes. Article Title
  • Negative Sentiment: Insider selling vs. selective purchases — Public filings show meaningful insider sales among senior execs alongside a few purchases, which some investors view as a governance/ timing caution. Article Title

Analysts Set New Price Targets

MU has been the subject of a number of analyst reports. UBS Group increased their price target on Micron Technology from $300.00 to $400.00 and gave the company a “buy” rating in a report on Wednesday, January 7th. HSBC started coverage on Micron Technology in a research note on Tuesday, December 9th. They set a “buy” rating and a $330.00 target price for the company. Barclays lifted their price target on shares of Micron Technology from $275.00 to $450.00 and gave the stock an “overweight” rating in a research note on Friday, January 16th. Stifel Nicolaus increased their price objective on shares of Micron Technology from $300.00 to $360.00 and gave the company a “buy” rating in a research note on Tuesday. Finally, New Street Research reissued a “neutral” rating on shares of Micron Technology in a research report on Tuesday, October 14th. Five investment analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $340.79.

Read Our Latest Stock Report on Micron Technology

Insider Activity

In other Micron Technology news, Director Teyin M. Liu acquired 11,600 shares of the firm’s stock in a transaction that occurred on Wednesday, January 14th. The stock was acquired at an average cost of $337.22 per share, with a total value of $3,911,752.00. Following the acquisition, the director directly owned 25,910 shares of the company’s stock, valued at $8,737,370.20. This represents a 81.06% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Sanjay Mehrotra sold 22,500 shares of the business’s stock in a transaction on Monday, October 27th. The stock was sold at an average price of $220.72, for a total value of $4,966,200.00. Following the transaction, the chief executive officer owned 446,578 shares of the company’s stock, valued at $98,568,696.16. This trade represents a 4.80% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 287,500 shares of company stock worth $65,892,908 over the last 90 days. Insiders own 0.24% of the company’s stock.

Micron Technology Stock Up 0.6%

MU stock opened at $365.00 on Wednesday. The firm has a market cap of $410.81 billion, a price-to-earnings ratio of 34.70 and a beta of 1.50. Micron Technology, Inc. has a 1-year low of $61.54 and a 1-year high of $381.56. The firm has a fifty day moving average price of $272.56 and a two-hundred day moving average price of $196.19. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.46 and a quick ratio of 1.78.

Micron Technology (NASDAQ:MUGet Free Report) last posted its quarterly earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 EPS for the quarter, beating the consensus estimate of $3.77 by $1.01. The business had revenue of $13.64 billion during the quarter, compared to analyst estimates of $12.62 billion. Micron Technology had a net margin of 28.15% and a return on equity of 22.71%. The company’s quarterly revenue was up 56.7% on a year-over-year basis. During the same period in the previous year, the business posted $1.79 EPS. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. Research analysts predict that Micron Technology, Inc. will post 6.08 EPS for the current year.

Micron Technology Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Monday, December 29th were given a dividend of $0.115 per share. The ex-dividend date was Monday, December 29th. This represents a $0.46 dividend on an annualized basis and a yield of 0.1%. Micron Technology’s payout ratio is currently 4.37%.

Micron Technology Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding MU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Micron Technology, Inc. (NASDAQ:MUFree Report).

Institutional Ownership by Quarter for Micron Technology (NASDAQ:MU)

Receive News & Ratings for Micron Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Micron Technology and related companies with MarketBeat.com's FREE daily email newsletter.