Altfest L J & Co. Inc. Has $867,000 Stock Position in Micron Technology, Inc. $MU

Altfest L J & Co. Inc. reduced its holdings in shares of Micron Technology, Inc. (NASDAQ:MU) by 58.8% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 5,183 shares of the semiconductor manufacturer’s stock after selling 7,410 shares during the quarter. Altfest L J & Co. Inc.’s holdings in Micron Technology were worth $867,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC increased its position in Micron Technology by 18.3% during the 4th quarter. Brighton Jones LLC now owns 6,318 shares of the semiconductor manufacturer’s stock worth $532,000 after purchasing an additional 976 shares in the last quarter. Alyeska Investment Group L.P. bought a new stake in shares of Micron Technology during the first quarter worth $11,217,000. AlTi Global Inc. acquired a new position in shares of Micron Technology during the first quarter worth $259,000. Advisors Asset Management Inc. lifted its stake in shares of Micron Technology by 151.7% in the 1st quarter. Advisors Asset Management Inc. now owns 31,599 shares of the semiconductor manufacturer’s stock valued at $2,746,000 after acquiring an additional 19,045 shares during the last quarter. Finally, Alliancebernstein L.P. lifted its stake in shares of Micron Technology by 24.2% in the 1st quarter. Alliancebernstein L.P. now owns 1,734,027 shares of the semiconductor manufacturer’s stock valued at $150,670,000 after acquiring an additional 338,212 shares during the last quarter. Institutional investors own 80.84% of the company’s stock.

Insider Buying and Selling

In related news, EVP Scott J. Deboer sold 82,000 shares of the company’s stock in a transaction dated Monday, October 27th. The stock was sold at an average price of $222.81, for a total transaction of $18,270,420.00. Following the sale, the executive vice president owned 154,145 shares in the company, valued at $34,345,047.45. This represents a 34.72% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Sanjay Mehrotra sold 22,500 shares of the firm’s stock in a transaction on Monday, October 27th. The stock was sold at an average price of $220.72, for a total transaction of $4,966,200.00. Following the completion of the sale, the chief executive officer owned 446,578 shares of the company’s stock, valued at $98,568,696.16. The trade was a 4.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 349,163 shares of company stock worth $77,822,318 over the last three months. Insiders own 0.24% of the company’s stock.

Wall Street Analysts Forecast Growth

MU has been the subject of a number of recent research reports. Piper Sandler upped their target price on Micron Technology from $200.00 to $275.00 and gave the stock an “overweight” rating in a report on Thursday, December 18th. Itau BBA Securities reaffirmed an “outperform” rating on shares of Micron Technology in a research note on Thursday, December 18th. Citigroup raised their price objective on shares of Micron Technology from $300.00 to $330.00 and gave the company a “buy” rating in a report on Thursday, December 18th. UBS Group reissued an “overweight” rating on shares of Micron Technology in a report on Thursday, December 18th. Finally, KGI Securities upgraded shares of Micron Technology from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, September 24th. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $284.24.

Key Micron Technology News

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

• Positive Sentiment: Wall Street / media narratives highlight a re-rating tied to AI demand and supply scarcity — analysts and journalists say Micron now has pricing power and margin expansion potential, which is a primary driver of the rally. Micron stock skyrockets nearly 10%: what’s driving AI memory re-rating
• Positive Sentiment: Analyst upgrade / price-target lift: Sanford C. Bernstein raised its price target to $330 with an outperform rating, reinforcing buy-side momentum and giving investors a higher nearby valuation anchor. Micron Technology (MU) PT Raised to $330 at Bernstein
• Positive Sentiment: Confirmed leadership in the memory supercycle: end‑of‑year wrapups and sector reports list Micron among the biggest 2025 winners (HBM shortages and hyperscaler demand), supporting continued momentum and analyst bullishness. The 3 Stocks That Crushed the S&P 500 in 2025
• Positive Sentiment: Large bullish flows / unusual market activity — data and reports point to rare “big money” inflows and notable options activity, which amplifies short-term upside as speculators and institutions add exposure. See How Micron Shares Rise on Rare Bullish Inflows Micron Technology Unusual Options Activity
• Neutral Sentiment: Market thematic tailwinds (January effect / AI rotation) are lifting multiple AI‑exposed names — Micron benefits from the theme, but gains may be linked to broader sector flows rather than idiosyncratic news alone. 3 AI Stocks Poised to Surge on the January Effect
• Neutral Sentiment: Media pieces and screeners are flagging MU as a thematic pick or “undervalued” AI play — helpful for flows but not a guarantee of sustained outperformance absent execution and macro support. Find the Next NVIDIA With This Semiconductor ETF (MU)
• Negative Sentiment: Some analysts and notes warn on timing and valuation risks — at least one downgrade/critical take argues the rally could be vulnerable to a reset if supply/demand dynamics or macro factors shift. That creates downside risk for traders buying at elevated levels. Micron – Timing Might Be Everything (Ratings Downgrade)
• Negative Sentiment: Short-term liquidity caveat: some holiday‑period reports noted thinner volumes and occasional holiday/slippage dynamics that can exaggerate moves and increase volatility. Micron (MU) Stock; Slips on Thin Holiday Volume as AI Memory Tailwinds Dominate Outlook

Micron Technology Stock Performance

NASDAQ:MU opened at $315.42 on Friday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.78 and a current ratio of 2.46. Micron Technology, Inc. has a fifty-two week low of $61.54 and a fifty-two week high of $315.60. The company has a 50 day simple moving average of $245.87 and a two-hundred day simple moving average of $176.89. The company has a market capitalization of $355.01 billion, a PE ratio of 29.98, a P/E/G ratio of 0.18 and a beta of 1.50.

Micron Technology (NASDAQ:MU) last posted its quarterly earnings data on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 EPS for the quarter, beating analysts’ consensus estimates of $3.77 by $1.01. Micron Technology had a net margin of 28.15% and a return on equity of 22.71%. The company had revenue of $13.64 billion for the quarter, compared to analyst estimates of $12.62 billion. During the same period in the prior year, the firm posted $1.79 EPS. The company’s quarterly revenue was up 56.7% on a year-over-year basis. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. Research analysts anticipate that Micron Technology, Inc. will post 6.08 earnings per share for the current year.

Micron Technology Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 14th. Stockholders of record on Monday, December 29th will be given a $0.115 dividend. The ex-dividend date of this dividend is Monday, December 29th. This represents a $0.46 annualized dividend and a dividend yield of 0.1%. Micron Technology’s dividend payout ratio (DPR) is 4.37%.

Micron Technology Company 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.