Verus Capital Partners LLC Purchases 2,370 Shares of Micron Technology, Inc. $MU

Posted by Francis Steltz on Jun 5th, 2026

Verus Capital Partners LLC lifted its holdings in Micron Technology, Inc. (NASDAQ:MU – Free Report) by 69.3% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 5,792 shares of the semiconductor manufacturer’s stock after purchasing an additional 2,370 shares during the period. Verus Capital Partners LLC’s holdings in Micron Technology were worth $1,653,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the business. Heritage Trust Co lifted its position in shares of Micron Technology by 9.7% during the 4th quarter. Heritage Trust Co now owns 15,026 shares of the semiconductor manufacturer’s stock valued at $4,289,000 after buying an additional 1,323 shares in the last quarter. Generation Capital Management LLC bought a new position in shares of Micron Technology during the 3rd quarter valued at approximately $238,000. Wealthfront Advisers LLC increased its holdings in Micron Technology by 9.8% in the 3rd quarter. Wealthfront Advisers LLC now owns 95,396 shares of the semiconductor manufacturer’s stock worth $15,962,000 after acquiring an additional 8,489 shares in the last quarter. Westpac Banking Corp raised its stake in Micron Technology by 251.0% during the 3rd quarter. Westpac Banking Corp now owns 23,086 shares of the semiconductor manufacturer’s stock worth $3,863,000 after acquiring an additional 16,509 shares during the period. Finally, Avanda Investment Management Pte. Ltd. purchased a new position in Micron Technology during the third quarter valued at approximately $418,000. 80.84% of the stock is currently owned by institutional investors.

Micron Technology Trading Down 7.7%

Shares of MU opened at $996.00 on Friday. The stock has a market capitalization of $1.12 trillion, a PE ratio of 47.03 and a beta of 2.16. The company’s fifty day moving average is $607.64 and its 200 day moving average is $434.99. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.32 and a current ratio of 2.90. Micron Technology, Inc. has a fifty-two week low of $103.38 and a fifty-two week high of $1,089.29.

Micron Technology (NASDAQ:MU – Get Free Report) last released its quarterly earnings data on Wednesday, March 18th. The semiconductor manufacturer reported $12.20 EPS for the quarter, beating the consensus estimate of $9.19 by $3.01. Micron Technology had a net margin of 41.49% and a return on equity of 41.16%. The business had revenue of $23.86 billion during the quarter, compared to analyst estimates of $19.97 billion. During the same quarter last year, the business earned $1.56 earnings per share. Micron Technology’s quarterly revenue was up 196 compared to the same quarter last year. Sell-side analysts expect that Micron Technology, Inc. will post 58.62 earnings per share for the current fiscal year.

Micron Technology Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders 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 is an increase from Micron Technology’s previous quarterly dividend of $0.12. This represents a $0.60 annualized dividend and a yield of 0.1%. Micron Technology’s payout ratio is presently 2.83%.

Analysts Set New Price Targets

Several research firms have recently commented on MU. Raymond James Financial boosted their target price on shares of Micron Technology from $530.00 to $1,100.00 and gave the stock an “outperform” rating in a report on Monday. Rosenblatt Securities reiterated a “buy” rating and issued a $500.00 price target on shares of Micron Technology in a report on Monday, March 16th. The Goldman Sachs Group boosted their price target on shares of Micron Technology from $360.00 to $400.00 and gave the stock a “neutral” 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 report on Thursday, April 2nd. Finally, Bank of America lifted their target price on Micron Technology from $400.00 to $500.00 and gave the stock a “buy” rating in a report on Thursday, March 19th. Five investment 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 stock. According to MarketBeat, Micron Technology presently has an average rating of “Buy” and a consensus price target of $641.97.

View Our Latest Analysis on Micron Technology

Trending Headlines about Micron Technology

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

Positive Sentiment: Wall Street remains broadly bullish on Micron, with several firms hiking price targets sharply; Morgan Stanley raised its target to $1,050 and UBS recently lifted its target to $1,625, reinforcing optimism around AI memory demand and tight supply. Micron Technology (MU) Is One Of The Best AI Infrastructure Stocks, According To Hedge Funds
Positive Sentiment: Analysts and commentators continue to highlight Micron as a major AI infrastructure winner, with reports pointing to strong earnings momentum, higher margins, and long-term supply deals tied to high-bandwidth memory demand. Micron Locks In Long Term AI Memory Deals As Valuation Stretches
Neutral Sentiment: Some articles frame Micron’s huge rally as part of a broader AI trade that may be entering a more “rational” phase, suggesting valuation risk even as the long-term demand story remains intact. AI Spending Has Been Huge. Now It Could Be Entering a ‘Rational’ Phase.
Negative Sentiment: Micron was hit by a broad chip-sector rotation after Broadcom’s weak AI guidance raised doubts about the pace of future AI demand, pressuring semiconductor stocks across the board. Chip Stocks Get Hit as Traders Rotate Into Financials, Healthcare
Negative Sentiment: Bearish commentary is also growing, with some analysts warning that memory-chip prices could be approaching a ceiling and that Micron’s valuation may already reflect much of the AI optimism. Micron Stock Drops, Brace for the Memory-Price Peak

Insider Buying and Selling

In other news, EVP April S. Arnzen sold 40,000 shares of the business’s stock in a transaction that occurred 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 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 SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sumit Sadana sold 24,000 shares of the business’s stock in a transaction that occurred on Friday, April 10th. The shares were 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. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 146,000 shares of company stock valued at $85,486,715. Insiders own 0.24% of the company’s stock.

Micron Technology Company Profile

(Free Report)

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.