Centaurus Financial Inc. Has $7.43 Million Stock Holdings in Micron Technology, Inc. $MU

Centaurus Financial Inc. grew its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 9.2% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 44,432 shares of the semiconductor manufacturer’s stock after acquiring an additional 3,748 shares during the quarter. Centaurus Financial Inc.’s holdings in Micron Technology were worth $7,434,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Orleans Capital Management Corp LA bought a new position in shares of Micron Technology in the 2nd quarter valued at $256,000. iA Global Asset Management Inc. lifted its position in shares of Micron Technology by 18.7% during the 3rd quarter. iA Global Asset Management Inc. now owns 146,890 shares of the semiconductor manufacturer’s stock worth $24,578,000 after buying an additional 23,117 shares during the last quarter. Cary Street Partners Financial LLC boosted its stake in Micron Technology by 25.0% in the second quarter. Cary Street Partners Financial LLC now owns 26,132 shares of the semiconductor manufacturer’s stock valued at $3,221,000 after buying an additional 5,233 shares in the last quarter. Wealthspire Advisors LLC boosted its stake in Micron Technology by 27.8% in the second quarter. Wealthspire Advisors LLC now owns 14,754 shares of the semiconductor manufacturer’s stock valued at $1,818,000 after buying an additional 3,208 shares in the last quarter. Finally, Wealthfront Advisers LLC grew its position in Micron Technology by 9.8% in the third quarter. Wealthfront Advisers LLC now owns 95,396 shares of the semiconductor manufacturer’s stock valued at $15,962,000 after acquiring an additional 8,489 shares during the last quarter. 80.84% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: Micron said HBM4, PCIe Gen6 SSD and SOCAMM2 products are in high‑volume production — a direct revenue lever for AI datacenter customers (NVIDIA Vera Rubin mention) that validates demand and supports margins. Micron in High-Volume Production of HBM4
• Positive Sentiment: Micron completed acquisition of a Taiwan site and plans a second fab there to expand DRAM/HBM capacity, a strategic move tied to multi‑year AI memory tightness and future revenue (impact expected from FY2028 shipments). Micron plans second chip facility at newly acquired Taiwan site
• Positive Sentiment: Multiple brokers (RBC, TD Cowen, Baird, Rosenblatt and others) have raised price targets and reiterated Buy/Outperform calls on MU, signaling continued analyst confidence that AI memory pricing and DRAM tightness justify a higher valuation. Why Is Micron Technology Stock Gaining Tuesday?
• Neutral Sentiment: Micron reports Q2 earnings after the close on March 18 — the report is the near‑term catalyst that could confirm outsized revenue and margin guidance or introduce volatility if guidance falls short of elevated expectations. Micron’s stock rises as enthusiasm builds ahead of earnings
• Neutral Sentiment: Macro events this week (Fed rate decision and February PPI) could amplify market moves and change risk appetite into earnings, so broad market direction may affect MU’s post‑earnings reaction. Fed decision, inflation data, Micron earnings: What to Watch
• Negative Sentiment: Options markets show very high implied volatility and heavy call positioning into earnings; some analysts warn this positioning and gamma could “pin” the stock or produce a disappointed reaction even after strong results. That raises short‑term downside risk. Micron’s Stock May Plunge Following Earnings Results
• Negative Sentiment: There are cautionary takes arguing the memory cycle could roll over sooner than bullish forecasts assume and that MU’s rapid rerating leaves it exposed if supply/demand dynamics shift. Micron: Memory Downcycle Sooner Than Expected

Insider Activity at Micron Technology

In related news, EVP April S. Arnzen sold 15,000 shares of the firm’s stock in a transaction 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 completion of the transaction, the executive vice president directly owned 165,618 shares of the company’s stock, valued at $45,891,091.62. This trade represents a 8.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Steven J. Gomo sold 5,000 shares of the company’s stock in a transaction dated Friday, December 19th. The shares were sold at an average price of $263.63, for a total value of $1,318,150.00. Following the completion of the sale, the director owned 19,139 shares in the company, valued at $5,045,614.57. This trade represents a 20.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have acquired 23,200 shares of company stock valued at $7,821,723 and have sold 73,623 shares valued at $27,307,408. 0.24% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Sanford C. Bernstein increased their target price on shares of Micron Technology from $270.00 to $330.00 and gave the stock an “outperform” rating in a report on Friday, January 2nd. Stifel Nicolaus upped their price objective on shares of Micron Technology from $360.00 to $550.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. Wedbush increased their price objective on shares of Micron Technology from $320.00 to $500.00 and gave the company an “outperform” rating in a research note on Friday, March 13th. TD Cowen raised their target price on shares of Micron Technology from $450.00 to $500.00 and gave the company a “buy” rating in a research report on Monday. Finally, Raymond James Financial boosted their target price on shares of Micron Technology from $190.00 to $310.00 and gave the stock an “outperform” rating in a research note on Thursday, December 18th. Six equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $394.59.

Micron Technology Stock Up 4.5%

Shares of NASDAQ MU opened at $461.69 on Wednesday. The company has a 50 day simple moving average of $396.30 and a 200 day simple moving average of $278.51. 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, Inc. has a 1 year low of $61.54 and a 1 year high of $462.73. The firm has a market cap of $519.64 billion, a PE ratio of 43.89 and a beta of 1.50.

Micron Technology (NASDAQ:MU) last posted its earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share for the quarter, topping analysts’ consensus estimates of $3.77 by $1.01. Micron Technology had a net margin of 28.15% and a return on equity of 22.71%. The firm had revenue of $13.64 billion for the quarter, compared to analyst estimates of $12.62 billion. During the same period in the previous year, the firm posted $1.79 EPS. The company’s revenue for the quarter was up 56.7% compared to the same quarter last year. On average, research analysts forecast that Micron Technology, Inc. will post 6.08 EPS for the current year.

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.