ZWJ Investment Counsel Inc. Sells 71,924 Shares of Micron Technology, Inc. $MU

ZWJ Investment Counsel Inc. decreased its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 15.8% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 383,320 shares of the semiconductor manufacturer’s stock after selling 71,924 shares during the quarter. Micron Technology comprises about 3.9% of ZWJ Investment Counsel Inc.’s portfolio, making the stock its 2nd biggest holding. ZWJ Investment Counsel Inc.’s holdings in Micron Technology were worth $109,403,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. REAP Financial Group LLC acquired a new position in Micron Technology during the third quarter worth $25,000. Barnes Dennig Private Wealth Management LLC acquired a new position in Micron Technology during the third quarter worth $27,000. Elevation Wealth Partners LLC increased its holdings in Micron Technology by 295.8% during the fourth quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer’s stock worth $27,000 after buying an additional 71 shares during the last quarter. Steigerwald Gordon & Koch Inc. increased its stake 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, Cullen Frost Bankers Inc. increased its stake in shares of Micron Technology by 79.3% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 199 shares of the semiconductor manufacturer’s stock worth $33,000 after purchasing an additional 88 shares during the last quarter. Institutional investors and hedge funds own 80.84% of the company’s stock.

Micron Technology Stock Up 9.2%

Shares of MU opened at $465.66 on Wednesday. Micron Technology, Inc. has a 12 month low of $65.64 and a 12 month high of $471.34. The firm’s 50 day moving average is $402.18 and its 200-day moving average is $313.28. The stock has a market capitalization of $525.14 billion, a PE ratio of 21.99 and a beta of 1.60. The company has a current ratio of 2.90, a quick ratio of 2.32 and a debt-to-equity ratio of 0.13.

Micron Technology Increases Dividend

The business 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 dividend of $0.15 per share. This is a boost from Micron Technology’s previous quarterly dividend of $0.12. The ex-dividend date is Monday, March 30th. This represents a $0.60 dividend on an annualized basis and a yield of 0.1%. Micron Technology’s dividend payout ratio is 2.83%.

Insiders Place Their Bets

In other Micron Technology news, EVP April S. Arnzen sold 40,000 shares of the firm’s stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $347.39, for a total transaction of $13,895,600.00. Following the transaction, the executive vice president owned 125,737 shares in the company, valued at $43,679,776.43. This trade represents a 24.13% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sumit Sadana sold 25,000 shares of the firm’s stock in a transaction 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 transaction, the executive vice president owned 248,021 shares in the company, valued at $106,621,747.69. The trade was a 9.16% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 115,623 shares of company stock worth $45,165,908 in the last 90 days. Company insiders own 0.24% of the company’s stock.

Analyst Ratings Changes

MU has been the topic of several recent analyst reports. Raymond James Financial boosted their price objective on shares of Micron Technology from $190.00 to $310.00 and gave the stock an “outperform” rating in a research note on Thursday, December 18th. Deutsche Bank Aktiengesellschaft upped their price objective on Micron Technology from $500.00 to $550.00 and gave the company a “buy” rating in a research note on Thursday, March 19th. Erste Group Bank lowered Micron Technology from a “buy” rating to a “hold” rating in a research note on Thursday, April 2nd. Wolfe Research upped their price objective on Micron Technology from $300.00 to $350.00 and gave the company an “outperform” rating in a research note on Thursday, December 18th. Finally, Mizuho increased their price target on Micron Technology from $480.00 to $530.00 and gave the company an “outperform” rating in a research note on Thursday, March 19th. Five analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, Micron Technology presently has a consensus rating of “Buy” and an average price target of $464.61.

Micron Technology News Roundup

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

• Positive Sentiment: Lynx Equity sharply raised its Micron price target (from $700 to $825), citing extended capacity sellouts and better revenue visibility — a direct bullish catalyst for flows and momentum. Lynx Equity Raises Micron (MU) PT, Suggests Aggressive Buying
• Positive Sentiment: Analysts across the street are raising revenue and free‑cash‑flow estimates, lifting consensus targets and reinforcing the bullish narrative into earnings season. Analysts Hike Their Micron Estimates
• Positive Sentiment: Independent research (Counterpoint) and market pieces highlight Micron turning memory into a core AI performance driver (HBM/DRAM), supporting higher margins and strategic positioning in AI infrastructure. Micron Pushing Performance Across AI Stack
• Positive Sentiment: Large institutional inflows (notably new positions and sizable increases by funds) and a modest dividend increase reinforce buy interest from long‑term holders. Insider/Institutional Filings
• Neutral Sentiment: New DRAM‑focused ETFs could channel additional sector flows into Micron (benefit) but also concentrate exposure. New DRAM ETF
• Neutral Sentiment: Short machine‑learning price forecasts and trend pieces increase retail attention but add little new fundamental information — watch earnings/capacity data instead. ML Price Prediction
• Negative Sentiment: Insider selling: EVP Sumit Sadana sold 24,000 shares (~$10.1M) in early April — a notable reduction in an executive holding that may prompt short‑term investor caution. EVP Sells $10,112,400 in Stock
• Negative Sentiment: Valuation and momentum risks: several commentary pieces argue the recent run already prices in significant optimism and caution fresh buyers; cyclical demand sensitivity (retail margins, macro) remains a tail risk. Valuation Caution

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.