Zevenbergen Capital Investments LLC Sells 26,800 Shares of Micron Technology, Inc. $MU

Zevenbergen Capital Investments LLC lowered its position in shares of Micron Technology, Inc. (NASDAQ:MU) by 9.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 266,850 shares of the semiconductor manufacturer’s stock after selling 26,800 shares during the quarter. Micron Technology makes up about 1.7% of Zevenbergen Capital Investments LLC’s investment portfolio, making the stock its 18th largest position. Zevenbergen Capital Investments LLC’s holdings in Micron Technology were worth $76,162,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Brookstone Capital Management grew its holdings in Micron Technology by 15.6% during the 4th quarter. Brookstone Capital Management now owns 34,260 shares of the semiconductor manufacturer’s stock worth $9,778,000 after acquiring an additional 4,617 shares during the period. Bernard Wealth Management Corp. lifted its stake in shares of Micron Technology by 20.9% in the 4th quarter. Bernard Wealth Management Corp. now owns 602 shares of the semiconductor manufacturer’s stock valued at $172,000 after purchasing an additional 104 shares during the period. Corepath Wealth Partners LLC acquired a new position in shares of Micron Technology in the 4th quarter valued at $299,000. Mn Services Vermogensbeheer B.V. boosted its position in shares of Micron Technology by 1.6% in the 4th quarter. Mn Services Vermogensbeheer B.V. now owns 432,827 shares of the semiconductor manufacturer’s stock worth $123,533,000 after purchasing an additional 6,827 shares during the last quarter. Finally, Private Advisory Group LLC boosted its position in shares of Micron Technology by 10.5% in the 4th quarter. Private Advisory Group LLC now owns 74,540 shares of the semiconductor manufacturer’s stock worth $21,274,000 after purchasing an additional 7,076 shares during the last quarter. Institutional investors and hedge funds own 80.84% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on MU. Rosenblatt Securities reiterated a “buy” rating and issued a $500.00 price objective on shares of Micron Technology in a report on Monday, March 16th. Morgan Stanley boosted their target price on Micron Technology from $350.00 to $450.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 11th. Barclays increased their price target on shares of Micron Technology from $450.00 to $675.00 and gave the company an “overweight” rating in a research report on Thursday, March 19th. JPMorgan Chase & Co. boosted their price objective on shares of Micron Technology from $350.00 to $550.00 and gave the company an “overweight” rating in a report on Thursday, March 19th. Finally, Mizuho upped their target price on shares of Micron Technology from $480.00 to $530.00 and gave the company an “outperform” rating in a research note on Thursday, March 19th. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, Micron Technology has a consensus rating of “Buy” and an average target price of $466.75.

Key Micron Technology News

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

• Positive Sentiment: Micron’s HBM4 is now in mass production for Nvidia’s next‑generation platform — a major product win that strengthens Micron’s position in high‑margin AI memory markets. Micron’s HBM4 Is Now in Mass Production for Nvidia’s
• Positive Sentiment: Company reported record fiscal results and is leaning into memory as a strategic part of the AI buildout — supports higher long‑run demand and pricing power. Can Micron stock really jump 100%?
• Positive Sentiment: Wall Street price targets remain materially above the current price, suggesting analyst conviction in continued upside despite the pullback. Wall Street Sees Plenty of Upside in Micron
• Positive Sentiment: Management is ramping capex to meet strong memory demand — positive for long‑term revenue potential and for Micron’s equipment/supplier ecosystem. Micron Just Gave Incredible News to Investors
• Neutral Sentiment: Micron is repeatedly featured among today’s trending tickers — heightened attention can amplify volatility but doesn’t change fundamentals. Trending tickers: Micron, Unilever…
• Neutral Sentiment: Comparisons with peers (Seagate, TSMC) highlight different exposures to AI demand and valuation — useful context for portfolio positioning, not a direct catalyst. Micron (MU) vs Seagate (STX)
• Negative Sentiment: Google’s new TurboQuant AI memory‑compression algorithm sparked investor fears that models could require less DRAM/HBM, triggering a fresh sell‑off in Micron and peers. Micron Slides 5% as Google’s AI Memory Algorithm Sparks…
• Negative Sentiment: Micron has continued to fall after its March earnings report — CNBC and others highlight a roughly 10% further slide as investors digest guidance, elevated capex and momentum unwinding. Micron stock sinks 10%
• Negative Sentiment: Broader semiconductor sector sell‑off and macro risk (geopolitical and market‑wide selling) are exacerbating MU’s downward moves despite company‑specific strengths. Chip Stocks Falls as Sector Selloff Deepens

Micron Technology Price Performance

Shares of MU opened at $321.80 on Tuesday. The stock has a 50 day simple moving average of $405.38 and a 200 day simple moving average of $295.24. Micron Technology, Inc. has a 52-week low of $61.54 and a 52-week high of $471.34. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.32 and a current ratio of 2.90. The firm has a market capitalization of $362.90 billion, a PE ratio of 15.19 and a beta of 1.50.

Micron Technology Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Monday, March 30th will be given a dividend of $0.15 per share. This is a positive change from Micron Technology’s previous quarterly dividend of $0.12. This represents a $0.60 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Monday, March 30th. Micron Technology’s payout ratio is currently 2.17%.

Insider Activity at Micron Technology

In other Micron Technology news, EVP Sumit Sadana sold 25,000 shares of the stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $429.89, for a total transaction of $10,747,250.00. Following the completion of the transaction, the executive vice president owned 248,021 shares in the company, valued at approximately $106,621,747.69. This represents a 9.16% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Scott R. Allen sold 2,000 shares of Micron Technology stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $337.50, for a total value of $675,000.00. Following the completion of the sale, the chief accounting officer directly owned 38,237 shares in the company, valued at $12,904,987.50. This represents a 4.97% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have acquired 23,200 shares of company stock valued at $7,821,723 and have sold 53,623 shares valued at $21,832,908. Company insiders own 0.24% of the company’s stock.

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.