Frank Rimerman Advisors LLC Has $2.97 Million Holdings in Micron Technology, Inc. $MU

Frank Rimerman Advisors LLC boosted its position in shares of Micron Technology, Inc. (NASDAQ:MU) by 12.4% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 17,732 shares of the semiconductor manufacturer’s stock after purchasing an additional 1,957 shares during the quarter. Frank Rimerman Advisors LLC’s holdings in Micron Technology were worth $2,967,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of MU. Tyche Wealth Partners LLC acquired a new position in shares of Micron Technology in the 3rd quarter valued at approximately $555,000. Everhart Financial Group Inc. lifted its stake in Micron Technology by 26.9% in the third quarter. Everhart Financial Group Inc. now owns 7,641 shares of the semiconductor manufacturer’s stock valued at $1,278,000 after buying an additional 1,619 shares in the last quarter. Keybank National Association OH boosted its holdings in shares of Micron Technology by 7.1% in the third quarter. Keybank National Association OH now owns 11,904 shares of the semiconductor manufacturer’s stock valued at $1,992,000 after buying an additional 788 shares during the period. Howard Capital Management Inc. increased its position in shares of Micron Technology by 0.6% during the third quarter. Howard Capital Management Inc. now owns 28,586 shares of the semiconductor manufacturer’s stock worth $4,783,000 after acquiring an additional 174 shares in the last quarter. Finally, National Pension Service raised its holdings in shares of Micron Technology by 4.4% during the third quarter. National Pension Service now owns 2,815,509 shares of the semiconductor manufacturer’s stock worth $471,091,000 after acquiring an additional 117,862 shares during the period. 80.84% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on MU shares. Needham & Company LLC upped their target price on shares of Micron Technology from $200.00 to $300.00 and gave the stock a “buy” rating in a research note on Tuesday, December 16th. Citigroup lifted their target price on Micron Technology from $330.00 to $385.00 and gave the company a “buy” rating in a research report on Thursday, January 15th. Mizuho upped their price target on Micron Technology from $390.00 to $480.00 and gave the stock an “outperform” rating in a research report on Tuesday. Wells Fargo & Company lifted their price objective on shares of Micron Technology from $335.00 to $410.00 and gave the company an “overweight” rating in a report on Thursday, January 15th. Finally, Rosenblatt Securities reissued a “buy” rating and issued a $500.00 price objective on shares of Micron Technology in a research report on Tuesday, January 20th. Five investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $349.76.

Micron Technology Stock Performance

NASDAQ MU opened at $414.88 on Friday. The firm has a market capitalization of $466.95 billion, a P/E ratio of 39.44 and a beta of 1.50. The company has a current ratio of 2.46, a quick ratio of 1.78 and a debt-to-equity ratio of 0.19. The firm’s fifty day moving average price is $301.32 and its two-hundred day moving average price is $211.10. Micron Technology, Inc. has a 1 year low of $61.54 and a 1 year high of $455.50.

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

Micron Technology Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 14th. Shareholders of record on Monday, December 29th were paid a $0.115 dividend. The ex-dividend date was Monday, December 29th. This represents a $0.46 annualized dividend and a yield of 0.1%. Micron Technology’s dividend payout ratio is currently 4.37%.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: Company capacity buildouts and bullish management commentary support a multi-year tightness in memory supply, reinforcing revenue and margin upside tied to AI/HBM demand. Micron’s CEO Has Just Dropped Game-Changing News
• Positive Sentiment: Micron broke ground on a major Singapore NAND fab (~$24B over 10 years) and has large capacity commitments (cited multi‑country investments), which underpins long-term supply discipline and market share expansion. Micron (MU) Expands Manufacturing Footprint as AI Drives Long-Term Memory Demand
• Positive Sentiment: Multiple analyst upgrades and bullish coverage (including Zacks rankings and recent upgrades that lifted targets) have driven buying interest and a stretched short-term rerate. Micron Technology (NASDAQ:MU) Trading 6.1% Higher Following Analyst Upgrade
• Positive Sentiment: Industry leader Samsung signaling a “golden era” for memory chips supports an optimistic demand/pricing backdrop for Micron’s DRAM/HBM businesses. Micron Stock Pops. Samsung Signals ‘Golden Era’ for Memory Chips.
• Neutral Sentiment: Roundup of Wall Street analyst target prices and coverage — useful for context but represents a mix of views rather than a single directional catalyst. What Are Wall Street Analysts’ Target Price for Micron Technology Stock?
• Negative Sentiment: Insider selling: a top operations executive sold shares ahead of the stock’s all-time high, which can trigger investor concern despite routine lockup/compensation explanations. Micron Stock Keeps Climbing—And a Top Executive May Have Sold Too Soon
• Negative Sentiment: Unusual put-option activity after MU’s rapid two‑month doubling suggests some traders are hedging or betting on a pullback, adding to intraday volatility and downside risk. Unusual Put Options Activity in Micron Technology After MU Stock Doubles in 2 Months
• Negative Sentiment: Commentary questioning whether the rally has peaked creates profit‑taking pressure even as management reiterates a bullish long-term view. Think Micron Technology’s Stock May Have Peaked? This Is Why Its CEO Remains Bullish.

Insider Transactions at Micron Technology

In other Micron Technology news, Director Teyin M. Liu bought 7,820 shares of Micron Technology stock in a transaction dated Wednesday, January 14th. The stock was bought at an average cost of $337.50 per share, for a total transaction of $2,639,250.00. Following the purchase, the director owned 25,910 shares of the company’s stock, valued at $8,744,625. The trade was a 43.23% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Scott R. Allen sold 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $337.50, for a total value of $675,000.00. Following the transaction, the chief accounting officer directly owned 38,237 shares in the company, valued at $12,904,987.50. The trade was a 4.97% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have purchased 23,200 shares of company stock valued at $7,821,723 and have sold 61,123 shares valued at $19,547,151. 0.24% of the stock is currently owned by corporate insiders.

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.