Parcion Private Wealth LLC Raises Stake in Micron Technology, Inc. $MU

Parcion Private Wealth LLC boosted its holdings in Micron Technology, Inc. (NASDAQ:MU) by 46.8% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,536 shares of the semiconductor manufacturer’s stock after purchasing an additional 1,128 shares during the quarter. Parcion Private Wealth LLC’s holdings in Micron Technology were worth $1,009,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Elevation Wealth Partners LLC increased its position in Micron Technology by 295.8% during the 4th quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer’s stock valued at $27,000 after buying an additional 71 shares in the last quarter. Steigerwald Gordon & Koch Inc. raised its stake in shares of Micron Technology by 4,800.0% in the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 98 shares of the semiconductor manufacturer’s stock worth $28,000 after purchasing an additional 96 shares during the last quarter. Noble Wealth Management PBC bought a new position in Micron Technology during the 4th quarter valued at about $40,000. REAP Financial Group LLC bought a new position in Micron Technology during the third quarter valued at approximately $25,000. Finally, Barnes Dennig Private Wealth Management LLC purchased a new stake in Micron Technology during the 3rd quarter valued at $27,000. Institutional investors own 80.84% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on MU. JPMorgan Chase & Co. increased their price target on Micron Technology from $350.00 to $550.00 and gave the company an “overweight” rating in a report on Thursday, March 19th. Barclays upped their price objective on Micron Technology from $450.00 to $675.00 and gave the company an “overweight” rating in a research report on Thursday, March 19th. Needham & Company LLC raised their target price on Micron Technology from $450.00 to $500.00 and gave the stock a “buy” rating in a research report on Thursday, March 19th. UBS Group boosted their price target on Micron Technology from $510.00 to $535.00 and gave the company a “buy” rating in a research note on Wednesday, April 8th. Finally, Wells Fargo & Company upped their price target on shares of Micron Technology from $470.00 to $550.00 and gave the company an “overweight” rating in a research report on Thursday, March 19th. Five research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $464.61.

Insider Transactions at Micron Technology

In other news, EVP Sumit Sadana sold 25,000 shares of Micron Technology 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 transaction, the executive vice president directly owned 248,021 shares of the company’s stock, valued at $106,621,747.69. The trade was a 9.16% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Manish H. Bhatia sold 26,623 shares of the business’s stock in a transaction that occurred on Thursday, January 22nd. The shares were sold at an average price of $391.04, for a total value of $10,410,657.92. Following the transaction, the executive vice president owned 323,486 shares of the company’s stock, valued at approximately $126,495,965.44. This trade represents a 7.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 115,623 shares of company stock valued at $45,165,908 over the last quarter. 0.24% of the stock is currently owned by company insiders.

More Micron Technology News

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

• Positive Sentiment: Micron has locked long‑term, volume agreements that commit much of its advanced memory (HBM/DRAM) capacity through 2027, improving revenue visibility and supporting bullish investor flows. Micron Sells Out Advanced Memory To 2027 Raising Questions On Valuation
• Positive Sentiment: Analysts are lifting revenue and FCF forecasts and raising price targets, which is drawing thematic AI and momentum buyers into MU. Analysts Hike Their Micron Estimates, Pushing MU Stock Price Targets Higher
• Positive Sentiment: Margins have expanded sharply as Micron captures higher pricing and favorable HBM/DRAM mix tied to AI server demand, underpinning earnings upgrades. Can Micron’s Margin Expansion Continue Amid Strong AI Demand?
• Neutral Sentiment: New DRAM‑focused ETFs and broader tech/AI ETFs could funnel more passive and thematic dollars into large memory names like Micron, concentrating both inflows and sector exposure. This New ETF Aims to Capitalize on Surging AI Memory Chip Demand (MU)
• Neutral Sentiment: Broader AI‑chip narratives (including developments at Nvidia and others) are keeping memory stocks in focus; sector leadership can lift MU but also increases sensitivity to cross‑name volatility. Nvidia’s impressive rally faces one big test
• Negative Sentiment: ASML’s post‑earnings pullback rippled through the chip supply chain, prompting some traders to trim gains in memory and related names. That sector reaction is a near‑term headwind for MU. ASML Falls Post-Earnings, Chip-Making Expansion Anchors Outlook (MU)
• Negative Sentiment: Insider selling by EVP Sumit Sadana (disclosed ~$10.1M block) is being viewed by some as profit‑taking and adds short‑term caution for new buyers. Micron’s (MU) Key Insider Sells $10.1M in Stock – Is This a Red Flag or Just Profit‑Taking?
• Negative Sentiment: Several commentators warn the stock’s rapid run may price in strong outcomes already, flagging valuation and cyclical demand risk that could amplify pullbacks after record highs. Micron’s AI Surge Is Driven By Profit, Not Hype

Micron Technology Price Performance

Shares of Micron Technology stock opened at $457.23 on Friday. The stock has a market cap of $515.63 billion, a P/E ratio of 21.59 and a beta of 1.60. 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 stock’s fifty day moving average is $405.20 and its 200 day moving average is $315.27. Micron Technology, Inc. has a one year low of $65.64 and a one year high of $471.34.

Micron Technology Increases Dividend

The business 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. This represents a $0.60 annualized dividend and a dividend yield of 0.1%. This is an increase from Micron Technology’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend was Monday, March 30th. Micron Technology’s dividend payout ratio is 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.