Micron Technology, Inc. $MU Shares Acquired by HCR Wealth Advisors

HCR Wealth Advisors grew its stake in Micron Technology, Inc. (NASDAQ:MU) by 1,205.1% during the fourth quarter, HoldingsChannel reports. The firm owned 14,591 shares of the semiconductor manufacturer’s stock after purchasing an additional 13,473 shares during the quarter. HCR Wealth Advisors’ holdings in Micron Technology were worth $4,164,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. GF Fund Management CO. LTD. grew its holdings in Micron Technology by 6.1% during the fourth quarter. GF Fund Management CO. LTD. now owns 311,543 shares of the semiconductor manufacturer’s stock worth $88,917,000 after acquiring an additional 17,976 shares during the period. GHP Investment Advisors Inc. boosted its position in Micron Technology by 91.2% during the fourth quarter. GHP Investment Advisors Inc. now owns 109 shares of the semiconductor manufacturer’s stock worth $31,000 after purchasing an additional 52 shares in the last quarter. Tanager Wealth Management LLP boosted its position in Micron Technology by 2.3% during the fourth quarter. Tanager Wealth Management LLP now owns 1,798 shares of the semiconductor manufacturer’s stock worth $513,000 after purchasing an additional 40 shares in the last quarter. Chicago Capital LLC lifted its position in shares of Micron Technology by 250.1% in the fourth quarter. Chicago Capital LLC now owns 8,490 shares of the semiconductor manufacturer’s stock valued at $2,423,000 after acquiring an additional 6,065 shares in the last quarter. Finally, Zullo Investment Group Inc. lifted its position in shares of Micron Technology by 1.6% in the fourth quarter. Zullo Investment Group Inc. now owns 2,391 shares of the semiconductor manufacturer’s stock valued at $683,000 after acquiring an additional 38 shares in the last quarter. Institutional investors and hedge funds own 80.84% of the company’s stock.

More Micron Technology News

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

• Positive Sentiment: AI and memory demand continue to drive upside: multiple pieces note Micron is a primary beneficiary of surging AI infrastructure spending, high‑bandwidth memory (HBM) demand, and a broader chip rally that has pushed semiconductor ETFs and peers sharply higher. Micron (MU) Is Riding the AI Boom, but the Stock Still Trades at a Discount
• Positive Sentiment: Commercial visibility improves: reports say Micron has locked long‑term, volume‑based agreements with hyperscalers/OEMs that commit advanced memory capacity into 2027 — this reduces revenue/price uncertainty and supports forward demand. Micron Sells Out Advanced Memory To 2027 Raising Questions On Valuation
• Positive Sentiment: Wall Street interest and analyst coverage remain supportive: several analysts and outlets are highlighting Micron as a buy amid the memory cycle and have raised targets or reiterated buys, providing potential upside catalysts. Brokers Suggest Investing in Micron (MU): Read This Before Placing a Bet
• Neutral Sentiment: Recent performance and sector rotation: Micron has been among the top performers since the market bottom in late March, which explains momentum but also raises the risk of short‑term volatility as investors rotate across tech. Here Are Some of the Top Stocks Since the Market Bottomed in March
• Neutral Sentiment: Valuation debate persists: several analyses note MU’s strong run has materially raised its valuation — some see it still cheap on cycle fundamentals, others warn the rally may be extended. This creates mixed signals for timing new positions. The historic surge in chip stocks highlight’s Micron’s valuation, and a related warning
• Negative Sentiment: Insider selling flagged: a recent filing shows an executive sold nearly $1.5M of MU stock, which some traders interpret as a cautionary sign and can amplify near‑term selling pressure. Monster insider trading alert for Micron (MU) stock
• Negative Sentiment: Profit‑taking and sector reaction: ASML’s post‑earnings weakness and commentary sparked profit‑taking across chip names, and some commentators (including high‑profile hosts) warned the rally could be vulnerable — adding downward pressure. Micron’s Hot Streak In Danger? Cramer Says One ‘Nugget’ Changes The Game

Analysts Set New Price Targets

Several analysts have recently issued reports on MU shares. Royal Bank Of Canada upped their price objective on Micron Technology from $425.00 to $525.00 and gave the company an “outperform” rating in a research report on Monday, March 16th. Wells Fargo & Company upped their price objective on Micron Technology from $470.00 to $550.00 and gave the company an “overweight” rating in a research report on Thursday, March 19th. Stifel Nicolaus upped their price objective on Micron Technology from $360.00 to $550.00 and gave the company a “buy” rating in a research report on Monday, March 2nd. Citigroup reduced their target price on Micron Technology from $510.00 to $425.00 and set a “buy” rating on the stock in a research report on Tuesday, March 31st. Finally, Phillip Securities upgraded Micron Technology to a “strong-buy” rating in a research report on Monday, February 2nd. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, Micron Technology presently has an average rating of “Buy” and a consensus price target of $464.61.

Micron Technology Trading Down 0.5%

NASDAQ MU opened at $455.07 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 50-day moving average of $406.41 and a 200-day moving average of $317.29. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.90 and a quick ratio of 2.32. The company has a market cap of $513.20 billion, a P/E ratio of 21.49 and a beta of 1.60.

Micron Technology Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Monday, March 30th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, March 30th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. This is an increase from Micron Technology’s previous quarterly dividend of $0.12. Micron Technology’s dividend payout ratio is currently 2.83%.

Insider Activity

In other news, EVP April S. Arnzen sold 40,000 shares of the company’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $347.39, for a total transaction of $13,895,600.00. Following the completion of the transaction, the executive vice president owned 125,737 shares of the company’s stock, valued at $43,679,776.43. This represents a 24.13% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 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 dated 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 approximately $106,621,747.69. This trade represents a 9.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 115,623 shares of company stock valued at $45,165,908 in the last 90 days. 0.24% of the stock is currently owned by insiders.

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.