Weaver Capital Management LLC Purchases New Position in Micron Technology, Inc. $MU

Weaver Capital Management LLC purchased a new stake in shares of Micron Technology, Inc. (NASDAQ:MU) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 3,088 shares of the semiconductor manufacturer’s stock, valued at approximately $881,000.

Several other institutional investors have also recently added to or reduced their stakes in the company. Sutton Place Investors LLC acquired a new stake in Micron Technology in the 4th quarter valued at about $378,000. Jackson Square Capital LLC increased its position in Micron Technology by 3.0% in the 4th quarter. Jackson Square Capital LLC now owns 110,603 shares of the semiconductor manufacturer’s stock valued at $31,567,000 after acquiring an additional 3,195 shares in the last quarter. West Paces Advisors Inc. acquired a new stake in Micron Technology in the 4th quarter valued at about $269,000. Townsend Asset Management Corp NC ADV acquired a new stake in Micron Technology in the 4th quarter valued at about $328,000. Finally, Seascape Capital Management acquired a new stake in Micron Technology in the 4th quarter valued at about $259,000. 80.84% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have weighed in on MU shares. Cantor Fitzgerald raised their price objective on shares of Micron Technology from $450.00 to $700.00 and gave the company an “overweight” rating in a research report on Thursday, March 19th. Sanford C. Bernstein raised their price objective on shares of Micron Technology from $330.00 to $510.00 and gave the company an “outperform” rating in a research report on Wednesday, March 18th. Raymond James Financial raised their price objective on shares of Micron Technology from $190.00 to $310.00 and gave the company an “outperform” rating in a research report on Thursday, December 18th. Erste Group Bank cut shares of Micron Technology from a “buy” rating to a “hold” rating in a research report on Thursday, April 2nd. Finally, Wedbush raised their price objective on shares of Micron Technology from $320.00 to $500.00 and gave the company an “outperform” rating in a research report on Friday, March 13th. Five research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Buy” and an average target price of $464.61.

Insider Buying and Selling at Micron Technology

In other news, EVP Sumit Sadana sold 25,000 shares of the business’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $429.89, for a total value of $10,747,250.00. Following the sale, the executive vice president owned 248,021 shares of the company’s stock, valued at $106,621,747.69. The trade was a 9.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Manish H. Bhatia sold 26,623 shares of the business’s stock in a transaction on Thursday, January 22nd. The stock was sold at an average price of $391.04, for a total transaction of $10,410,657.92. Following the transaction, the executive vice president owned 323,486 shares in the company, valued at approximately $126,495,965.44. The trade was a 7.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders acquired 23,200 shares of company stock worth $7,821,723 and sold 91,623 shares worth $35,053,508. 0.24% of the stock is owned by corporate insiders.

More Micron Technology News

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

• Positive Sentiment: UBS raised its price target and reiterated a Buy, citing stronger pricing and durable memory demand — a high-profile analyst boost that supports further upside. Micron price target boosted by UBS
• Positive Sentiment: Micron announced a strategic investment in SiMa.ai and outlined a $35.5M community investment tied to its planned New York megafab — signals the company is building an AI/ecosystem moat and advancing capacity plans. Micron Expands AI Ecosystem
• Positive Sentiment: Capacity expansion: Micron is acquiring Powerchip’s Taichung P5 site and launching cleanroom projects in Taiwan to boost DRAM/HBM output — directly addresses tight supply for AI datacenters and supports pricing power. Micron Expands Taiwan DRAM Footprint
• Positive Sentiment: Yesterday’s sector rally pushed MU sharply higher as de‑escalation in the Middle East and signs of tighter memory markets ignited buying — momentum and institutional accumulation remain supportive. Micron Shares Skyrocket
• Neutral Sentiment: Market commentary continues to highlight Micron as a core AI-memory play; broader sector views (Nasdaq correction talk, AI stock lists) may shift flows into or out of MU depending on risk appetite. Nasdaq correction and AI stock picks
• Negative Sentiment: Profit-taking / technical pullback: MU is trading lower premarket as investors trim positions after a rapid multi‑day surge — some of yesterday’s gains are being unwound. Stocks to Watch
• Negative Sentiment: Cycle/risk reminders: Several commentaries warn Micron’s run could be a crowded, cyclical trade — if AI demand or pricing momentum cools, MU could see volatility. (coverage across analysts and commentary.)

Micron Technology Stock Up 7.7%

Micron Technology stock opened at $406.73 on Thursday. The company’s 50 day simple moving average is $401.66 and its 200 day simple moving average is $304.60. Micron Technology, Inc. has a fifty-two week low of $63.70 and a fifty-two week high of $471.34. The firm has a market capitalization of $458.68 billion, a price-to-earnings ratio of 19.20 and a beta of 1.60. 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 Increases Dividend

The firm 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 $0.15 dividend. This is a boost 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%. The ex-dividend date of this dividend is Monday, March 30th. Micron Technology’s payout ratio is presently 2.83%.

Micron Technology Company 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.