Micron Technology, Inc. $MU Shares Purchased by Triad Wealth Partners LLC

Triad Wealth Partners LLC raised its position in Micron Technology, Inc. (NASDAQ:MU) by 22.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,893 shares of the semiconductor manufacturer’s stock after purchasing an additional 537 shares during the quarter. Triad Wealth Partners LLC’s holdings in Micron Technology were worth $977,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in MU. Breakthru Advisory Services LLC acquired a new stake in shares of Micron Technology during the 1st quarter worth approximately $273,000. Quotient Wealth Partners LLC lifted its holdings in Micron Technology by 7.6% in the first quarter. Quotient Wealth Partners LLC now owns 3,546 shares of the semiconductor manufacturer’s stock valued at $1,198,000 after acquiring an additional 250 shares during the last quarter. Fortem Financial Group LLC lifted its holdings in Micron Technology by 22.3% in the first quarter. Fortem Financial Group LLC now owns 1,803 shares of the semiconductor manufacturer’s stock valued at $609,000 after acquiring an additional 329 shares during the last quarter. Polianta Ltd purchased a new position in Micron Technology in the first quarter worth approximately $1,351,000. Finally, BlueSky Wealth Advisors LLC purchased a new position in Micron Technology in the first quarter worth approximately $262,000. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Analysts Set New Price Targets

MU has been the subject of several recent analyst reports. Citigroup raised their target price on Micron Technology from $840.00 to $1,200.00 and gave the stock a “buy” rating in a research note on Wednesday, June 17th. TD Cowen upped their price target on Micron Technology from $660.00 to $1,500.00 and gave the company a “buy” rating in a research note on Monday, June 15th. Susquehanna increased their price target on Micron Technology from $600.00 to $1,750.00 and gave the stock a “positive” rating in a report on Friday, May 29th. Bank of America raised their price objective on Micron Technology from $400.00 to $500.00 and gave the stock a “buy” rating in a research report on Thursday, March 19th. Finally, Rosenblatt Securities boosted their price objective on shares of Micron Technology from $600.00 to $1,200.00 and gave the company a “buy” rating in a report on Thursday. Five research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $939.80.

Insider Transactions at Micron Technology

In other news, Director Steven J. Gomo sold 2,000 shares of Micron Technology stock in a transaction on Monday, May 11th. The stock was sold at an average price of $787.03, for a total value of $1,574,060.00. Following the completion of the sale, the director directly owned 17,139 shares of the company’s stock, valued at approximately $13,488,907.17. The trade was a 10.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP April S. Arnzen sold 40,000 shares of Micron Technology 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 completion of the sale, the executive vice president directly owned 125,737 shares of the company’s stock, valued at $43,679,776.43. The trade was a 24.13% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 146,000 shares of company stock valued at $85,486,715. Corporate insiders own 0.24% of the company’s stock.

Micron Technology Price Performance

Shares of NASDAQ MU opened at $1,133.99 on Monday. The firm has a market cap of $1.28 trillion, a price-to-earnings ratio of 53.54 and a beta of 2.15. The company has a quick ratio of 2.32, a current ratio of 2.90 and a debt-to-equity ratio of 0.13. Micron Technology, Inc. has a 52-week low of $103.38 and a 52-week high of $1,149.43. The business’s 50 day moving average is $748.09 and its two-hundred day moving average is $495.18.

Micron Technology News Roundup

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

• Positive Sentiment: Multiple firms raised price targets on Micron (MU), citing stronger DRAM/NAND pricing, AI-driven memory demand, and rising data-center sales. Wedbush lifted its target to $1,300, while other reports pointed to even higher bullish targets, signaling continued confidence ahead of earnings. Article Title
• Positive Sentiment: Micron’s U.S. capacity expansion and advanced 1-alpha DRAM production were highlighted as strategic moves that could support long-term AI infrastructure demand, reinforcing the company’s role as a key memory supplier for AI data centers. Article Title
• Positive Sentiment: Several articles say MU is likely to beat fiscal Q3 estimates thanks to tight memory supply, strong pricing power, and new chip ramp-up, which would extend the company’s recent run and keep AI-related optimism alive. Article Title
• Neutral Sentiment: Investors are treating Micron’s June 24 earnings report as a key read-through on whether the AI-driven chip rally still has room to run. That makes the stock a high-expectation name going into results, but not automatically one with easy upside from here. Article Title
• Neutral Sentiment: Some commentary also suggests Micron (MU) could see a volatile reaction even if earnings are good, since the stock has already had a huge run and expectations are elevated. Article Title
• Negative Sentiment: Bearish pieces warn that Micron’s upcoming report is a “tough earnings test,” with some arguing the stock could fall if the company merely meets expectations instead of dramatically exceeding them. Article Title
• Negative Sentiment: SK Hynix’s plan to expand memory production over the next five years was flagged as a competitive risk for MU, potentially pressuring pricing and margins later if supply growth outpaces demand. Article Title

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.