Massachusetts Financial Services Co. MA Grows Position in Micron Technology, Inc. $MU

Massachusetts Financial Services Co. MA boosted its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 76.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 57,044 shares of the semiconductor manufacturer’s stock after purchasing an additional 24,792 shares during the period. Massachusetts Financial Services Co. MA’s holdings in Micron Technology were worth $16,281,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Brighton Jones LLC raised its holdings in Micron Technology by 18.3% during the fourth quarter. Brighton Jones LLC now owns 6,318 shares of the semiconductor manufacturer’s stock valued at $532,000 after acquiring an additional 976 shares during the period. Sivia Capital Partners LLC raised its holdings in Micron Technology by 21.7% during the second quarter. Sivia Capital Partners LLC now owns 3,528 shares of the semiconductor manufacturer’s stock valued at $435,000 after acquiring an additional 628 shares during the period. United Bank bought a new stake in Micron Technology during the second quarter valued at about $236,000. Schnieders Capital Management LLC. raised its holdings in Micron Technology by 67.9% during the second quarter. Schnieders Capital Management LLC. now owns 16,984 shares of the semiconductor manufacturer’s stock valued at $2,093,000 after acquiring an additional 6,867 shares during the period. Finally, Sei Investments Co. raised its holdings in Micron Technology by 5.6% during the second quarter. Sei Investments Co. now owns 405,545 shares of the semiconductor manufacturer’s stock valued at $49,987,000 after acquiring an additional 21,619 shares during the period. 80.84% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Micron Technology

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

• Positive Sentiment: Micron has locked long‑term, volume agreements that commit much of its advanced memory (HBM/DRAM) capacity through 2027, improving revenue visibility and supporting bullish investor flows. Micron Sells Out Advanced Memory To 2027 Raising Questions On Valuation
• Positive Sentiment: Analysts are lifting revenue and FCF forecasts and raising price targets, which is drawing thematic AI and momentum buyers into MU. Analysts Hike Their Micron Estimates, Pushing MU Stock Price Targets Higher
• Positive Sentiment: Margins have expanded sharply as Micron captures higher pricing and favorable HBM/DRAM mix tied to AI server demand, underpinning earnings upgrades. Can Micron’s Margin Expansion Continue Amid Strong AI Demand?
• Neutral Sentiment: New DRAM‑focused ETFs and broader tech/AI ETFs could funnel more passive and thematic dollars into large memory names like Micron, concentrating both inflows and sector exposure. This New ETF Aims to Capitalize on Surging AI Memory Chip Demand (MU)
• Neutral Sentiment: Broader AI‑chip narratives (including developments at Nvidia and others) are keeping memory stocks in focus; sector leadership can lift MU but also increases sensitivity to cross‑name volatility. Nvidia’s impressive rally faces one big test
• Negative Sentiment: ASML’s post‑earnings pullback rippled through the chip supply chain, prompting some traders to trim gains in memory and related names. That sector reaction is a near‑term headwind for MU. ASML Falls Post-Earnings, Chip-Making Expansion Anchors Outlook (MU)
• Negative Sentiment: Insider selling by EVP Sumit Sadana (disclosed ~$10.1M block) is being viewed by some as profit‑taking and adds short‑term caution for new buyers. Micron’s (MU) Key Insider Sells $10.1M in Stock – Is This a Red Flag or Just Profit‑Taking?
• Negative Sentiment: Several commentators warn the stock’s rapid run may price in strong outcomes already, flagging valuation and cyclical demand risk that could amplify pullbacks after record highs. Micron’s AI Surge Is Driven By Profit, Not Hype

Micron Technology Trading Up 0.2%

Shares of MU stock opened at $457.23 on Friday. Micron Technology, Inc. has a 12-month low of $65.64 and a 12-month high of $471.34. 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 stock’s 50-day moving average price is $405.20 and its 200-day moving average price is $315.27. The stock has a market capitalization of $515.63 billion, a price-to-earnings ratio of 21.59 and a beta of 1.60.

Micron Technology Increases Dividend

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

Insider Transactions at Micron Technology

In other news, EVP Sumit Sadana sold 24,000 shares of Micron Technology stock in a transaction dated Friday, April 10th. The stock was sold at an average price of $421.35, for a total value of $10,112,400.00. Following the sale, the executive vice president directly owned 224,021 shares of the company’s stock, valued at approximately $94,391,248.35. The trade was a 9.68% decrease in their ownership of the stock. The sale was disclosed in a document filed 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 dated 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 in the company, valued at $43,679,776.43. This trade represents 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. Over the last three months, insiders have sold 115,623 shares of company stock valued at $45,165,908. 0.24% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Stifel Nicolaus raised their price target on Micron Technology from $360.00 to $550.00 and gave the company a “buy” rating in a report on Monday, March 2nd. Royal Bank Of Canada raised their price target on Micron Technology from $425.00 to $525.00 and gave the company an “outperform” rating in a report on Monday, March 16th. Cantor Fitzgerald raised their price target on Micron Technology from $450.00 to $700.00 and gave the company an “overweight” rating in a report on Thursday, March 19th. Wells Fargo & Company raised their price target on Micron Technology from $470.00 to $550.00 and gave the company an “overweight” rating in a report on Thursday, March 19th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Micron Technology in a report on Thursday, January 29th. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $464.61.

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.