Appleton Partners Inc. MA Cuts Stock Position in Micron Technology, Inc. $MU

Appleton Partners Inc. MA decreased its position in shares of Micron Technology, Inc. (NASDAQ:MU) by 5.2% in the third quarter, HoldingsChannel reports. The fund owned 130,767 shares of the semiconductor manufacturer’s stock after selling 7,242 shares during the quarter. Micron Technology makes up 1.5% of Appleton Partners Inc. MA’s portfolio, making the stock its 16th largest position. Appleton Partners Inc. MA’s holdings in Micron Technology were worth $21,880,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Barnes Dennig Private Wealth Management LLC purchased a new position in Micron Technology during the 3rd quarter worth $27,000. Cullen Frost Bankers Inc. boosted its holdings in Micron Technology by 79.3% in the third quarter. Cullen Frost Bankers Inc. now owns 199 shares of the semiconductor manufacturer’s stock worth $33,000 after acquiring an additional 88 shares in the last quarter. First Command Advisory Services Inc. boosted its holdings in Micron Technology by 225.0% in the second quarter. First Command Advisory Services Inc. now owns 221 shares of the semiconductor manufacturer’s stock worth $27,000 after acquiring an additional 153 shares in the last quarter. Howard Hughes Medical Institute purchased a new stake in shares of Micron Technology during the second quarter worth about $30,000. Finally, Physician Wealth Advisors Inc. increased its holdings in shares of Micron Technology by 248.0% during the third quarter. Physician Wealth Advisors Inc. now owns 261 shares of the semiconductor manufacturer’s stock valued at $44,000 after acquiring an additional 186 shares in the last quarter. 80.84% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have weighed in on MU shares. Itau BBA Securities reiterated an “outperform” rating on shares of Micron Technology in a research note on Thursday, December 18th. Royal Bank Of Canada assumed coverage on shares of Micron Technology in a report on Thursday, January 15th. They issued an “outperform” rating and a $425.00 price target on the stock. Susquehanna lifted their price objective on shares of Micron Technology from $200.00 to $300.00 and gave the company a “positive” rating in a research note on Monday, December 8th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Micron Technology from $200.00 to $280.00 and gave the company a “buy” rating in a report on Tuesday, December 9th. Finally, HSBC boosted their price objective on Micron Technology from $350.00 to $500.00 and gave the company a “buy” rating in a report on Friday, January 23rd. Six research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $349.76.

Trending Headlines about Micron Technology

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

• Positive Sentiment: Analyst and market bulls highlight an AI memory shortage that should lift margins and revenue as data‑center capex accelerates; some view the recent dip as a buying opportunity that preserves upside on robust FY2026 EPS growth. Read More.
• Positive Sentiment: Multiple firms have raised price targets (examples include Mizuho and Phillip Securities), signaling strong conviction that HBM/DRAM tightness and Micron’s execution justify higher valuations. Read More.
• Positive Sentiment: Coverage and deep‑dive pieces (Barron’s, Forbes, The Motley Fool) reinforce the bull case that Micron is a primary beneficiary of the AI infrastructure boom and that multi‑year demand/supply dynamics support further gains. Read More.
• Positive Sentiment: Micron’s announced large NAND/supply investments — notably the reported US$24B Singapore fab project — underpin long‑term capacity expansion and revenue growth tied to NAND and AI memory markets, though they raise capex. Read More.
• Neutral Sentiment: Several valuation checks and think‑pieces note the stock’s rapid run (4x YTD in some windows) and debate whether AI tailwinds are already priced in — useful context for entry and sizing decisions but not an immediate catalyst. Read More.
• Negative Sentiment: An analyst note cutting Nvidia HBM4 supply forecasts to zero (or sharply lowering expected HBM volumes) knocked sentiment by suggesting partner demand or supply timing risks that could weigh on near‑term revenue expectations. Read More.
• Negative Sentiment: Insider selling: EVP Sumit Sadana sold ~25,000 shares (~$10.7M), which, together with post‑rally profit‑taking and unusual options activity, has amplified the pullback and investor caution. Read More.

Insider Buying and Selling

In other Micron Technology news, 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 transaction of $10,410,657.92. Following the completion of the transaction, the executive vice president owned 323,486 shares in the company, valued at $126,495,965.44. The trade was a 7.60% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP April S. Arnzen sold 15,000 shares of the firm’s stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $277.09, for a total transaction of $4,156,350.00. Following the sale, the executive vice president directly owned 165,618 shares in the company, valued at approximately $45,891,091.62. The trade was a 8.30% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have bought 23,200 shares of company stock valued at $7,821,723 and have sold 73,623 shares valued at $27,307,408. Insiders own 0.24% of the company’s stock.

Micron Technology Price Performance

MU stock opened at $394.69 on Friday. Micron Technology, Inc. has a 1 year low of $61.54 and a 1 year high of $455.50. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.46 and a quick ratio of 1.78. The firm has a market capitalization of $444.23 billion, a PE ratio of 37.52 and a beta of 1.52. The business has a 50 day simple moving average of $318.68 and a 200-day simple moving average of $221.08.

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

Micron Technology Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Monday, December 29th were issued a $0.115 dividend. 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 dividend payout ratio (DPR) is 4.37%.

Micron Technology 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.