Alta Wealth Advisors LLC Makes New Investment in Micron Technology, Inc. $MU

Alta Wealth Advisors LLC bought a new position in shares of Micron Technology, Inc. (NASDAQ:MU) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 3,745 shares of the semiconductor manufacturer’s stock, valued at approximately $627,000.

Other large investors have also recently modified their holdings of the company. Norges Bank purchased a new stake in shares of Micron Technology in the 2nd quarter worth $1,980,700,000. Slate Path Capital LP bought a new position in shares of Micron Technology during the second quarter valued at approximately $317,751,000. Vanguard Group Inc. increased its holdings in Micron Technology by 1.9% during the second quarter. Vanguard Group Inc. now owns 103,879,662 shares of the semiconductor manufacturer’s stock valued at $12,803,168,000 after buying an additional 1,973,294 shares during the period. State Street Corp raised its stake in Micron Technology by 2.7% in the second quarter. State Street Corp now owns 51,373,591 shares of the semiconductor manufacturer’s stock worth $6,331,795,000 after buying an additional 1,349,713 shares in the last quarter. Finally, Orbis Allan Gray Ltd lifted its holdings in Micron Technology by 50.2% during the second quarter. Orbis Allan Gray Ltd now owns 3,457,726 shares of the semiconductor manufacturer’s stock worth $426,165,000 after buying an additional 1,156,086 shares during the period. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on MU. Needham & Company LLC lifted their price target on Micron Technology from $200.00 to $300.00 and gave the company a “buy” rating in a report on Tuesday, December 16th. William Blair started coverage on Micron Technology in a research report on Thursday, January 22nd. They set an “outperform” rating on the stock. BNP Paribas Exane upgraded Micron Technology from an “underperform” rating to an “outperform” rating and set a $270.00 target price on the stock in a research note on Monday, October 13th. Bank of America increased their price target on shares of Micron Technology from $300.00 to $400.00 and gave the company a “buy” rating in a research report on Tuesday, January 13th. Finally, Stifel Nicolaus raised their price target on shares of Micron Technology from $300.00 to $360.00 and gave the company a “buy” rating in a report on Tuesday, January 20th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $346.66.

More Micron Technology News

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

• Positive Sentiment: AI-driven demand & tight HBM supply: Multiple bullish write-ups note Micron’s HBM demand is accelerating, the company is benefiting from supply constraints, and its HBM book is largely filled through 2026 — a core driver of the recent rally. Micron Stock Is Up Over 260%. Here’s Why It Could Go Even Higher
• Positive Sentiment: Momentum and Wall Street enthusiasm: Coverage highlights a six-session winning streak and ~20% gain over that run, lifting market cap by roughly $75B and spurring bullish analyst/media commentary that supports continued investor interest. What’s Happening With Micron Stock?
• Positive Sentiment: Positive analyst/media narratives and long-term thesis: Several market pieces and commentators (including The Motley Fool and Jim Cramer mentions) continue to push a growth story tied to AI memory demand and attractive valuation metrics versus expected earnings growth. Could Micron Technology Stock Make You a Millionaire in 2026?
• Neutral Sentiment: Analyst/broker activity could move the tape: Coverage notes broker recommendations and rating changes can sway short-term flows; monitor any upgrades/downgrades for near-term impact. Brokers Suggest Investing in Micron (MU)
• Neutral Sentiment: Short-term pullback after a run: Reports call today’s move a dip following a six-session rally — this is consistent with profit-taking rather than a clear change to the long-term thesis. Micron dips after a six-session rally
• Negative Sentiment: Competition risk — Samsung-Nvidia HBM4 supply deal: Multiple outlets report Samsung is qualifying/mass-producing HBM4 for Nvidia starting soon, which could erode Micron’s share of new HBM supply and temper upside expectations. Micron Technology Stock Slips on Nvidia-Samsung Supply Deal
• Negative Sentiment: Multiple reports confirm Samsung’s entry into Nvidia’s AI-memory chain — a tangible competitive development investors see as a near-term headwind for Micron’s HBM pricing/share gains. Samsung Breaks Into Nvidia’s AI Memory Supply Chain with HBM4 Chips
• Negative Sentiment: Insider selling: EVP Manish H. Bhatia sold ~26,623 shares at about $391, reducing his stake ~7.6% — investors may view this as modestly negative sentiment or simply diversification/liquidity. SEC Filing: Insider Sale (Manish H. Bhatia)

Insider Activity at Micron Technology

In related news, EVP April S. Arnzen sold 15,000 shares of Micron Technology stock in a transaction dated Monday, December 22nd. The stock was sold at an average price of $277.09, for a total transaction of $4,156,350.00. Following the completion of the sale, the executive vice president owned 165,618 shares of the company’s stock, valued at $45,891,091.62. The trade was a 8.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Scott R. Allen sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $337.50, for a total value of $675,000.00. Following the completion of the sale, the chief accounting officer owned 38,237 shares in the company, valued at approximately $12,904,987.50. This represents a 4.97% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 209,623 shares of company stock worth $53,066,945 in the last quarter. 0.24% of the stock is owned by insiders.

Micron Technology Stock Performance

MU opened at $389.09 on Tuesday. The company has a market cap of $437.92 billion, a P/E ratio of 36.99 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 firm’s 50-day moving average price is $284.66 and its 200-day moving average price is $203.84. Micron Technology, Inc. has a 52-week low of $61.54 and a 52-week high of $412.43.

Micron Technology (NASDAQ:MU) last released its earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share 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 company had revenue of $13.64 billion for the quarter, compared to the consensus estimate of $12.62 billion. During the same quarter in the previous year, the firm earned $1.79 EPS. Micron Technology’s 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. As a group, equities analysts anticipate that Micron Technology, Inc. will post 6.08 EPS for the current fiscal year.

Micron Technology Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Monday, December 29th were paid a $0.115 dividend. The ex-dividend date was Monday, December 29th. This represents a $0.46 dividend on an annualized basis and a 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.