Roundview Capital LLC increased its stake in shares of Micron Technology, Inc. (NASDAQ:MU – Free Report) by 21.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 18,142 shares of the semiconductor manufacturer’s stock after acquiring an additional 3,211 shares during the quarter. Roundview Capital LLC’s holdings in Micron Technology were worth $5,178,000 at the end of the most recent quarter.
Several other institutional investors have also bought and sold shares of MU. Brighton Jones LLC lifted its position 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 purchasing an additional 976 shares during the last quarter. Sivia Capital Partners LLC lifted its position 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 purchasing an additional 628 shares during the last quarter. United Bank bought a new position in Micron Technology during the second quarter valued at $236,000. Schnieders Capital Management LLC. lifted its position 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 purchasing an additional 6,867 shares during the last quarter. Finally, Sei Investments Co. lifted its position 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 purchasing an additional 21,619 shares during the last quarter. Institutional investors own 80.84% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities analysts have commented on the stock. Sanford C. Bernstein increased their price objective on shares of Micron Technology from $330.00 to $510.00 and gave the company an “outperform” rating in a research report on Wednesday, March 18th. TD Cowen increased their price objective on shares of Micron Technology from $550.00 to $660.00 and gave the company a “buy” rating in a research report on Tuesday, April 28th. Melius Research assumed coverage on shares of Micron Technology in a research report on Monday, April 27th. They set a “buy” rating and a $700.00 price objective for the company. Citigroup increased their price objective on shares of Micron Technology from $425.00 to $840.00 and gave the company a “buy” rating in a research report on Tuesday, May 19th. Finally, The Goldman Sachs Group increased their price objective on shares of Micron Technology from $360.00 to $400.00 and gave the company a “neutral” rating in a research report on Thursday, March 19th. Five analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $571.47.
Insider Activity at Micron Technology
In other Micron Technology news, EVP April S. Arnzen sold 40,000 shares of the business’s stock in a transaction that occurred on 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 sale, the executive vice president owned 125,737 shares of the company’s stock, valued at approximately $43,679,776.43. The trade was 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, Director Steven J. Gomo sold 2,000 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $787.03, for a total transaction of $1,574,060.00. Following the sale, the director directly owned 17,139 shares in the company, valued at approximately $13,488,907.17. This represents a 10.45% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 106,000 shares of company stock worth $47,032,460 in the last quarter. 0.24% of the stock is currently owned by company insiders.
Micron Technology Trading Up 19.3%
NASDAQ MU opened at $895.88 on Wednesday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.32 and a current ratio of 2.90. The company has a market capitalization of $1.01 trillion, a price-to-earnings ratio of 42.30 and a beta of 1.91. The company’s 50-day simple moving average is $528.34 and its two-hundred day simple moving average is $397.68. Micron Technology, Inc. has a one year low of $92.22 and a one year high of $916.80.
Micron Technology (NASDAQ:MU – Get Free Report) last issued its quarterly earnings data on Wednesday, March 18th. The semiconductor manufacturer reported $12.20 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to the consensus estimate of $19.97 billion. During the same quarter in the previous year, the firm earned $1.56 EPS. The company’s quarterly revenue was up 196 compared to the same quarter last year. Equities analysts forecast that Micron Technology, Inc. will post 57.82 EPS for the current fiscal year.
Micron Technology Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Monday, March 30th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, March 30th. This represents a $0.60 annualized dividend and a yield of 0.1%. This is a boost from Micron Technology’s previous quarterly dividend of $0.12. Micron Technology’s payout ratio is presently 2.83%.
Key Micron Technology News
Here are the key news stories impacting Micron Technology this week:
- Positive Sentiment: UBS more than tripled its price target on Micron, calling out stronger AI demand and long-term supply deals, which sparked a major re-rating of the stock. Micron closes in on $1 trillion market value as UBS triples share price target
- Positive Sentiment: Analysts say the AI memory boom is still in its early stages, with Micron benefiting from structural shortages and multi-year demand tied to data center buildouts. Micron Stock (MU): This Top Analyst Says the AI Memory Boom Is Just Getting Started
- Positive Sentiment: Micron’s move above a $1 trillion valuation and its strong momentum are drawing more institutional attention and boosting sentiment across the semiconductor sector. Micron hits $1 trillion market cap for the first time as stock surges 18%
- Neutral Sentiment: Commentary around President Trump’s praise of Micron added to the buzz, but most articles suggest the real catalyst is the UBS upgrade and AI-driven fundamentals rather than politics. Donald Trump said ‘Micron’s great’—3 days later MU stock crosses 1 trillion in market cap
- Neutral Sentiment: Micron’s Virginia DRAM manufacturing launch and expanded U.S. production support the long-term domestic supply story, but this appears secondary to the current rally. Micron Expands U.S. Memory Production With Virginia DRAM Launch
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.
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