Micron Technology, Inc. $MU Position Increased by Avestar Capital LLC

Avestar Capital LLC grew its position in Micron Technology, Inc. (NASDAQ:MU) by 12.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,648 shares of the semiconductor manufacturer’s stock after buying an additional 924 shares during the quarter. Avestar Capital LLC’s holdings in Micron Technology were worth $2,468,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. REAP Financial Group LLC acquired a new stake in Micron Technology during the 3rd quarter worth about $25,000. High Note Wealth LLC raised its stake in shares of Micron Technology by 65.4% in the 4th quarter. High Note Wealth LLC now owns 86 shares of the semiconductor manufacturer’s stock valued at $25,000 after acquiring an additional 34 shares in the last quarter. Elevation Wealth Partners LLC lifted 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 worth $27,000 after acquiring an additional 71 shares during the last quarter. Steigerwald Gordon & Koch Inc. lifted its position in shares of Micron Technology by 4,800.0% during the 4th 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. Finally, GHP Investment Advisors Inc. grew its stake in shares of Micron Technology by 91.2% in the fourth quarter. GHP Investment Advisors Inc. now owns 109 shares of the semiconductor manufacturer’s stock worth $31,000 after acquiring an additional 52 shares during the last quarter. Institutional investors and hedge funds own 80.84% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. Sanford C. Bernstein boosted their price objective on shares of Micron Technology from $330.00 to $510.00 and gave the stock an “outperform” rating in a report on Wednesday, March 18th. Erste Group Bank downgraded Micron Technology from a “buy” rating to a “hold” rating in a research report on Thursday, April 2nd. Susquehanna upped their price objective on Micron Technology from $600.00 to $1,750.00 and gave the company a “positive” rating in a research note on Friday, May 29th. Mizuho increased their price target on Micron Technology to $800.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 19th. Finally, Citigroup raised their price target on shares of Micron Technology from $425.00 to $840.00 and gave the company a “buy” rating in a report on Tuesday, May 19th. Five research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $641.97.

Micron Technology Stock Up 1.5%

Shares of NASDAQ:MU opened at $1,079.57 on Thursday. The company has a market capitalization of $1.22 trillion, a PE ratio of 50.97 and a beta of 2.16. Micron Technology, Inc. has a 52 week low of $101.70 and a 52 week high of $1,089.29. 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 company has a 50 day moving average price of $595.64 and a two-hundred day moving average price of $429.72.

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 the consensus estimate of $9.19 by $3.01. Micron Technology had a return on equity of 41.16% and a net margin of 41.49%.The firm had revenue of $23.86 billion for the quarter, compared to analyst estimates of $19.97 billion. During the same period in the previous year, the company posted $1.56 earnings per share. The company’s revenue for the quarter was up 196 on a year-over-year basis. Analysts forecast that Micron Technology, Inc. will post 58.62 earnings per share for the current year.

Micron Technology Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Monday, March 30th were paid a $0.15 dividend. This is a boost from Micron Technology’s previous quarterly dividend of $0.12. This represents a $0.60 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Monday, March 30th. Micron Technology’s dividend payout ratio (DPR) is 2.83%.

Micron Technology News Roundup

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

• Positive Sentiment: Morgan Stanley more than doubled its price target on Micron to $1,050 and kept an Overweight rating, signaling continued confidence in the company’s memory pricing power and AI demand tailwinds.
• Positive Sentiment: Other recent coverage highlighted that booming AI infrastructure spending is still favoring Micron, with analysts saying the memory-stock runup may not be over yet and that shortages could keep supporting earnings and margins. Article Title
• Positive Sentiment: Micron’s AI strategy got another boost from reports around its COMPUTEX 2026 product lineup, including HBM4 and next-gen memory/storage products aimed at AI servers and edge AI applications.
• Positive Sentiment: Several articles also noted Micron’s strong recent business momentum, including soaring revenue growth and expectations that the company will benefit from the AI server buildout into its upcoming fiscal third-quarter earnings report.
• Neutral Sentiment: At the same time, some investors are starting to focus on risk factors: Chinese memory-chip makers are increasing production, which could narrow Micron’s competitive advantage over time.
• Neutral Sentiment: A few commentary pieces warned that after Micron’s huge run and trillion-dollar valuation, the stock may be priced for perfection, leaving less room for error if earnings or guidance disappoint.
• Negative Sentiment: Micron CEO Sanjay Mehrotra sold shares in late May, which may be viewed as a mild cautionary signal, though insider sales do not necessarily reflect a change in the company’s outlook.

Insider Activity

In other Micron Technology news, EVP April S. Arnzen sold 40,000 shares of the company’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $347.39, for a total value of $13,895,600.00. Following the transaction, the executive vice president directly owned 125,737 shares in the company, valued at $43,679,776.43. The trade was a 24.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sumit Sadana sold 24,000 shares of the company’s stock in a transaction dated Friday, April 10th. The shares were sold at an average price of $421.35, for a total transaction of $10,112,400.00. Following the completion of the transaction, the executive vice president owned 224,021 shares in the company, valued at approximately $94,391,248.35. This trade represents a 9.68% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 146,000 shares of company stock valued at $85,486,715 over the last quarter. 0.24% of the stock is currently owned by company insiders.

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.