Bourgeon Capital Management LLC Has $16.62 Million Holdings in Micron Technology, Inc. $MU

Bourgeon Capital Management LLC lessened its holdings in shares of Micron Technology, Inc. (NASDAQ:MU) by 8.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 99,313 shares of the semiconductor manufacturer’s stock after selling 8,610 shares during the period. Micron Technology accounts for about 3.0% of Bourgeon Capital Management LLC’s investment portfolio, making the stock its 6th biggest holding. Bourgeon Capital Management LLC’s holdings in Micron Technology were worth $16,617,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Orleans Capital Management Corp LA purchased a new stake in Micron Technology in the 2nd quarter worth approximately $256,000. Cary Street Partners Financial LLC grew its holdings in shares of Micron Technology by 25.0% during the 2nd quarter. Cary Street Partners Financial LLC now owns 26,132 shares of the semiconductor manufacturer’s stock valued at $3,221,000 after acquiring an additional 5,233 shares in the last quarter. Wealthspire Advisors LLC increased its stake in shares of Micron Technology by 27.8% in the second quarter. Wealthspire Advisors LLC now owns 14,754 shares of the semiconductor manufacturer’s stock worth $1,818,000 after acquiring an additional 3,208 shares during the last quarter. KLP Kapitalforvaltning AS raised its holdings in shares of Micron Technology by 6.2% during the second quarter. KLP Kapitalforvaltning AS now owns 403,105 shares of the semiconductor manufacturer’s stock worth $49,683,000 after acquiring an additional 23,600 shares in the last quarter. Finally, WealthBridge Capital Management LLC acquired a new stake in Micron Technology during the second quarter valued at $210,000. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Key Stores Impacting Micron Technology

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

Analyst Upgrades and Downgrades

A number of brokerages have commented on MU. Rosenblatt Securities restated a “buy” rating and issued a $300.00 target price on shares of Micron Technology in a research note on Monday, December 15th. Citigroup boosted their price target on Micron Technology from $300.00 to $330.00 and gave the company a “buy” rating in a research note on Thursday, December 18th. Needham & Company LLC increased their price objective on Micron Technology from $200.00 to $300.00 and gave the stock a “buy” rating in a report on Tuesday, December 16th. UBS Group reiterated an “overweight” rating on shares of Micron Technology in a research note on Thursday, December 18th. Finally, Weiss Ratings raised shares of Micron Technology from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Saturday, November 1st. Five investment analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $284.24.

Micron Technology Trading Up 10.5%

Shares of MU stock opened at $315.42 on Friday. Micron Technology, Inc. has a 12 month low of $61.54 and a 12 month high of $315.60. The company has a market cap of $355.01 billion, a PE ratio of 29.98, a price-to-earnings-growth ratio of 0.18 and a beta of 1.50. The company has a quick ratio of 1.78, a current ratio of 2.46 and a debt-to-equity ratio of 0.19. The business’s 50 day moving average is $245.87 and its two-hundred day moving average is $176.89.

Micron Technology (NASDAQ:MU) last posted its quarterly earnings data on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.77 by $1.01. Micron Technology had a net margin of 28.15% and a return on equity of 22.71%. The business had revenue of $13.64 billion during the quarter, compared to the consensus estimate of $12.62 billion. During the same period in the prior year, the firm earned $1.79 EPS. Micron Technology’s quarterly revenue was up 56.7% compared to the same quarter last year. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. Equities analysts predict that Micron Technology, Inc. will post 6.08 EPS 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 paid a $0.115 dividend. The ex-dividend date is Monday, December 29th. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.1%. Micron Technology’s payout ratio is presently 4.37%.

Insiders Place Their Bets

In other Micron Technology news, CEO Sanjay Mehrotra sold 22,500 shares of Micron Technology stock in a transaction that occurred on Monday, October 27th. The stock was sold at an average price of $220.72, for a total value of $4,966,200.00. Following the transaction, the chief executive officer directly owned 446,578 shares of the company’s stock, valued at $98,568,696.16. The trade was a 4.80% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Scott J. Deboer sold 82,000 shares of the company’s stock in a transaction that occurred on Monday, October 27th. The stock was sold at an average price of $222.81, for a total value of $18,270,420.00. Following the transaction, the executive vice president owned 154,145 shares of the company’s stock, valued at approximately $34,345,047.45. This trade represents a 34.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 349,163 shares of company stock valued at $77,822,318 in the last ninety days. Company insiders own 0.24% of the company’s stock.

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.