Appleton Partners Inc. MA Reduces Holdings in Micron Technology, Inc. $MU

Appleton Partners Inc. MA lowered its position in Micron Technology, Inc. (NASDAQ:MU) by 10.0% in the fourth quarter, HoldingsChannel.com reports. The fund owned 117,704 shares of the semiconductor manufacturer’s stock after selling 13,063 shares during the quarter. Micron Technology accounts for approximately 2.2% of Appleton Partners Inc. MA’s portfolio, making the stock its 9th biggest holding. Appleton Partners Inc. MA’s holdings in Micron Technology were worth $33,594,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of MU. Elevation Wealth Partners LLC raised its holdings in shares of Micron Technology by 295.8% in the 4th quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer’s stock valued at $27,000 after purchasing an additional 71 shares during the period. Noble Wealth Management PBC bought a new position in Micron Technology during the fourth quarter worth about $40,000. REAP Financial Group LLC acquired a new position in Micron Technology during the third quarter worth approximately $25,000. Barnes Dennig Private Wealth Management LLC acquired a new position in Micron Technology during the third quarter worth approximately $27,000. Finally, Cullen Frost Bankers Inc. raised its stake in Micron Technology by 79.3% in the third quarter. Cullen Frost Bankers Inc. now owns 199 shares of the semiconductor manufacturer’s stock valued at $33,000 after buying an additional 88 shares during the period. Institutional investors own 80.84% of the company’s stock.

Analyst Ratings Changes

MU has been the subject of a number of recent analyst reports. UBS Group raised their price objective on Micron Technology from $475.00 to $510.00 and gave the company a “buy” rating in a research report on Thursday, March 19th. Susquehanna increased their price target on Micron Technology from $345.00 to $525.00 and gave the company a “positive” rating in a research note on Monday, March 9th. Royal Bank Of Canada raised their price target on Micron Technology from $425.00 to $525.00 and gave the company an “outperform” rating in a report on Monday, March 16th. Morgan Stanley lifted their price objective on shares of Micron Technology from $350.00 to $450.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 11th. Finally, JPMorgan Chase & Co. upped 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. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Micron Technology presently has a consensus rating of “Buy” and an average target price of $453.55.

Insider Buying and Selling at Micron Technology

In related news, EVP Sumit Sadana sold 25,000 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $429.89, for a total value of $10,747,250.00. Following the completion of the sale, the executive vice president directly owned 248,021 shares in the company, valued at approximately $106,621,747.69. The trade was a 9.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CAO Scott R. Allen sold 2,000 shares of the business’s stock in a transaction that occurred on 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 owned 38,237 shares of the company’s stock, valued at approximately $12,904,987.50. This trade represents a 4.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have acquired 23,200 shares of company stock worth $7,821,723 and have sold 53,623 shares worth $21,832,908. 0.24% of the stock is currently owned by corporate insiders.

Micron Technology Stock Performance

Shares of NASDAQ MU opened at $404.35 on Tuesday. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.90 and a quick ratio of 2.32. The firm has a market cap of $456.00 billion, a price-to-earnings ratio of 19.09 and a beta of 1.50. The stock’s fifty day moving average price is $403.81 and its two-hundred day moving average price is $287.33. Micron Technology, Inc. has a one year low of $61.54 and a one year high of $471.34.

Micron Technology (NASDAQ:MU) last posted its earnings results on Wednesday, March 18th. The semiconductor manufacturer reported $12.20 earnings per share for the quarter, topping analysts’ consensus estimates of $8.50 by $3.70. The company had revenue of $23.86 billion during the quarter, compared to the consensus estimate of $18.90 billion. Micron Technology had a return on equity of 41.16% and a net margin of 41.49%.The company’s revenue was up 196.3% on a year-over-year basis. During the same quarter last year, the firm earned $1.56 earnings per share. On average, equities analysts forecast that Micron Technology, Inc. will post 6.08 EPS for the current year.

Micron Technology Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Monday, March 30th will be paid a $0.15 dividend. This is a positive change from Micron Technology’s previous quarterly dividend of $0.12. The ex-dividend date is Monday, March 30th. This represents a $0.60 annualized dividend and a yield of 0.1%. Micron Technology’s dividend payout ratio is presently 2.17%.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: Blowout Q2 results and bullish guidance — Micron reported record revenue ($23.86B) and a huge EPS beat, and management issued very strong forward guidance that highlights AI/HBM demand and tight supply as drivers of continued margin expansion. Micron: Buy The Latest Blowout
• Positive Sentiment: Dividend hike tied to surging free cash flow — Coverage highlights a meaningful dividend increase (article cites a large raise) reflecting FCF strength, which strengthens the shareholder‑return story and supports valuation upside. Micron Technology Hikes Its Dividend 30% Due to Surging FCF
• Positive Sentiment: Analysts raising targets and reiterating buys — Multiple firms have lifted price targets and maintained buy ratings after the quarter, pushing model forecasts materially higher and supporting longer‑term upside. Micron Technology: Buy Rating Backed by Surging Profitability
• Neutral Sentiment: AI/data‑center runway remains the dominant macro theme — broader market pieces and sector analysis point to sustained AI infrastructure spending, which benefits Micron but also tightens expectations for future quarters. What to Expect From the Q1 Earnings Season: AI Strength
• Neutral Sentiment: Positive growth narratives and buy‑the‑dip sentiment are lifting interest in MU, but these are market‑wide themes rather than company‑specific catalysts. Here is Why Growth Investors Should Buy Micron (MU) Now
• Negative Sentiment: “Sell‑the‑news” and profit‑taking after the beat — despite the blowout numbers, the stock has seen a sharp intraday pullback as traders lock in gains after a massive multi‑quarter run; high expectations pushed valuations and opened the door for a correction. Micron Drops 4% Despite Strong Earnings: Is This a Buying Opportunity?
• Negative Sentiment: Analyst caution and bearish commentary — a subset of analysts and commentators are pointing to warning signs (sustainability of pricing, cyclicality, execution risks) that could cap the rally if supply or end‑market demand shifts. The Troubling Signs Coming Into Focus For Micron Investors
• Negative Sentiment: Elevated insider sales flagged by data aggregators — recent filings show significant insider selling activity, which some investors interpret as a near‑term negative signal despite firm fundamentals. Micron Technology Stock (MU) Opinions on Q2 Earnings Report

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.