Kuhn & Co Investment Counsel bought a new stake in Micron Technology, Inc. (NASDAQ:MU – Free Report) in the fourth quarter, HoldingsChannel reports. The fund bought 1,009 shares of the semiconductor manufacturer’s stock, valued at approximately $288,000.
A number of other large investors have also modified their holdings of MU. Brighton Jones LLC grew its stake in shares of Micron Technology by 18.3% in the fourth quarter. Brighton Jones LLC now owns 6,318 shares of the semiconductor manufacturer’s stock valued at $532,000 after buying an additional 976 shares in the last quarter. Sivia Capital Partners LLC grew its stake in shares of Micron Technology by 21.7% in the second quarter. Sivia Capital Partners LLC now owns 3,528 shares of the semiconductor manufacturer’s stock valued at $435,000 after buying an additional 628 shares in the last quarter. United Bank acquired a new stake in shares of Micron Technology in the second quarter valued at about $236,000. Schnieders Capital Management LLC. grew its stake in shares of Micron Technology by 67.9% in the second quarter. Schnieders Capital Management LLC. now owns 16,984 shares of the semiconductor manufacturer’s stock valued at $2,093,000 after buying an additional 6,867 shares in the last quarter. Finally, Sei Investments Co. grew its stake in shares of Micron Technology by 5.6% in the second quarter. Sei Investments Co. now owns 405,545 shares of the semiconductor manufacturer’s stock valued at $49,987,000 after buying an additional 21,619 shares in the last quarter. Institutional investors and hedge funds own 80.84% of the company’s stock.
Micron Technology Stock Performance
NASDAQ:MU opened at $751.00 on Monday. The company has a quick ratio of 2.32, a current ratio of 2.90 and a debt-to-equity ratio of 0.13. The business’s 50 day moving average is $512.03 and its two-hundred day moving average is $389.29. Micron Technology, Inc. has a 52 week low of $90.93 and a 52 week high of $818.67. The company has a market cap of $846.93 billion, a PE ratio of 35.46 and a beta of 1.91.
Micron Technology Increases Dividend
Micron Technology News Roundup
Here are the key news stories impacting Micron Technology this week:
- Positive Sentiment: Micron began manufacturing advanced 1α DRAM at its Manassas, Virginia, fab, a milestone that expands U.S. memory output for AI, automotive, defense, aerospace and industrial customers. The move supports Micron’s long-term growth narrative and reinforces its position as the only U.S. manufacturer of memory chips. Article Title
- Positive Sentiment: Micron’s CEO highlighted the company’s major U.S. DRAM expansion and said the advanced memory technology is increasingly important for critical sectors, underscoring demand and strategic relevance. Article Title
- Positive Sentiment: Analyst and stock-picking coverage remained constructive, with Melius Research reportedly raising its price target to $1,100 and other commentators calling Micron a momentum leader and a key AI memory beneficiary. Article Title
- Neutral Sentiment: Several market articles continued to feature Micron as a prominent AI and memory-chip name, including momentum screens and long-term bull cases, which may support investor attention but do not change fundamentals on their own. Article Title
- Negative Sentiment: Some coverage noted recent volatility in memory-chip stocks and questioned how much upside is already priced in, which could temper enthusiasm after the run-up in the shares. Article Title
Insider Transactions at Micron Technology
In other Micron Technology news, CEO Sanjay Mehrotra sold 40,000 shares of the stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $536.26, for a total transaction of $21,450,400.00. Following the transaction, the chief executive officer owned 424,503 shares of the company’s stock, valued at $227,643,978.78. This trade represents a 8.61% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Sumit Sadana sold 24,000 shares of the stock in a transaction that occurred on 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 transaction, the executive vice president directly owned 224,021 shares in the company, valued at approximately $94,391,248.35. This represents a 9.68% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 106,000 shares of company stock worth $47,032,460. 0.24% of the stock is currently owned by corporate insiders.
Wall Street Analyst Weigh In
A number of research analysts recently commented on the company. Stifel Nicolaus increased 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. UBS Group increased their price target on Micron Technology from $510.00 to $535.00 and gave the company a “buy” rating in a report on Wednesday, April 8th. Morgan Stanley increased their price target on Micron Technology from $350.00 to $450.00 and gave the company an “overweight” rating in a report on Wednesday, February 11th. Cantor Fitzgerald increased 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. Finally, Barclays increased their price target on Micron Technology from $450.00 to $675.00 and gave the company an “overweight” rating in a report on Thursday, March 19th. Five research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $518.47.
Get Our Latest Analysis on Micron Technology
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.
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