Advisortrust Partners LLC Takes $245,000 Position in Micron Technology, Inc. $MU

Advisortrust Partners LLC bought a new stake in shares of Micron Technology, Inc. (NASDAQ:MU) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 858 shares of the semiconductor manufacturer’s stock, valued at approximately $245,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Heritage Trust Co raised its holdings in Micron Technology by 9.7% during the 4th quarter. Heritage Trust Co now owns 15,026 shares of the semiconductor manufacturer’s stock valued at $4,289,000 after buying an additional 1,323 shares during the last quarter. Westpac Banking Corp raised its holdings in Micron Technology by 251.0% in the 3rd quarter. Westpac Banking Corp now owns 23,086 shares of the semiconductor manufacturer’s stock worth $3,863,000 after purchasing an additional 16,509 shares in the last quarter. Wellington Management Group LLP boosted its position in Micron Technology by 19.9% during the 3rd quarter. Wellington Management Group LLP now owns 7,150,530 shares of the semiconductor manufacturer’s stock valued at $1,196,427,000 after acquiring an additional 1,188,296 shares in the last quarter. Fulton Bank N.A. boosted its position in shares of Micron Technology by 79.1% during the fourth quarter. Fulton Bank N.A. now owns 16,183 shares of the semiconductor manufacturer’s stock valued at $4,619,000 after purchasing an additional 7,147 shares in the last quarter. Finally, Financial Synergies Wealth Advisors Inc. purchased a new stake in Micron Technology in the fourth quarter worth $1,316,000. 80.84% of the stock is owned by institutional investors.

Micron Technology Price Performance

NASDAQ:MU opened at $1,133.99 on Friday. The company has a current ratio of 2.90, a quick ratio of 2.32 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $1.28 trillion, a P/E ratio of 53.54 and a beta of 2.16. Micron Technology, Inc. has a 12 month low of $103.38 and a 12 month high of $1,149.43. The business’s 50-day moving average is $748.09 and its 200 day moving average is $493.40.

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, beating analysts’ consensus estimates of $9.19 by $3.01. Micron Technology had a net margin of 41.49% and a return on equity of 41.16%. The firm had revenue of $23.86 billion during the quarter, compared to analyst estimates of $19.97 billion. During the same period last year, the firm posted $1.56 earnings per share. Micron Technology’s revenue for the quarter was up 196 compared to the same quarter last year. On average, equities research analysts forecast that Micron Technology, Inc. will post 61.51 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on MU shares. Summit Insights cut Micron Technology from a “buy” rating to a “hold” rating in a research report on Thursday, March 19th. Needham & Company LLC raised their price target on Micron Technology from $450.00 to $500.00 and gave the stock a “buy” rating in a research note on Thursday, March 19th. TD Cowen boosted 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. Mizuho lifted their price target on shares of Micron Technology to $800.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 19th. Finally, Wolfe Research raised their target price on Micron Technology from $550.00 to $1,250.00 and gave the stock an “outperform” rating in a report on Thursday, June 11th. Five investment analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Micron Technology presently has a consensus rating of “Buy” and a consensus price target of $913.47.

Insider Buying and Selling

In other news, EVP April S. Arnzen sold 40,000 shares of the firm’s stock in a transaction that occurred on Wednesday, April 1st. The stock was 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. This trade represents a 24.13% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sanjay Mehrotra sold 37,439 shares of Micron Technology stock in a transaction on Friday, May 29th. The stock was sold at an average price of $960.38, for a total transaction of $35,955,666.82. Following the transaction, the chief executive officer directly owned 387,064 shares of the company’s stock, valued at $371,728,524.32. The trade was a 8.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 146,000 shares of company stock valued at $85,486,715 over the last quarter. Company insiders own 0.24% of the company’s stock.

Key Micron Technology News

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.