Micron Technology, Inc. $MU Shares Bought by Dakota Wealth Management

Dakota Wealth Management grew its holdings in Micron Technology, Inc. (NASDAQ:MU) by 10.9% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 17,085 shares of the semiconductor manufacturer’s stock after buying an additional 1,678 shares during the period. Dakota Wealth Management’s holdings in Micron Technology were worth $4,876,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the business. Elevation Wealth Partners LLC increased its position in Micron Technology by 295.8% in the 4th quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer’s stock valued at $27,000 after acquiring an additional 71 shares during the period. Noble Wealth Management PBC acquired a new stake in Micron Technology during the 4th quarter worth approximately $40,000. REAP Financial Group LLC acquired a new stake in Micron Technology during the 3rd quarter worth approximately $25,000. Barnes Dennig Private Wealth Management LLC purchased a new position in shares of Micron Technology in the 3rd quarter valued at approximately $27,000. Finally, Cullen Frost Bankers Inc. grew its stake in shares of Micron Technology by 79.3% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 199 shares of the semiconductor manufacturer’s stock valued at $33,000 after purchasing an additional 88 shares during the last quarter. Institutional investors and hedge funds own 80.84% of the company’s stock.

Insiders Place Their Bets

In other Micron Technology news, EVP Sumit Sadana sold 25,000 shares of the business’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $429.89, for a total transaction of $10,747,250.00. Following the sale, the executive vice president directly owned 248,021 shares in the company, valued at approximately $106,621,747.69. The trade was a 9.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Manish H. Bhatia sold 26,623 shares of the company’s stock in a transaction on Thursday, January 22nd. The stock was sold at an average price of $391.04, for a total transaction of $10,410,657.92. Following the transaction, the executive vice president directly owned 323,486 shares in the company, valued at approximately $126,495,965.44. This trade represents a 7.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders purchased 23,200 shares of company stock worth $7,821,723 and sold 53,623 shares worth $21,832,908. 0.24% of the stock is owned by company insiders.

Micron Technology Stock Up 0.5%

MU opened at $357.22 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.90 and a quick ratio of 2.32. Micron Technology, Inc. has a 12 month low of $61.54 and a 12 month high of $471.34. The stock has a market capitalization of $402.85 billion, a P/E ratio of 16.87 and a beta of 1.50. The business has a 50 day simple moving average of $406.20 and a 200-day simple moving average of $291.86.

Micron Technology Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Monday, March 30th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.2%. This is an increase from Micron Technology’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend is Monday, March 30th. Micron Technology’s dividend payout ratio is 2.17%.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on MU shares. HSBC boosted their target price on Micron Technology from $350.00 to $500.00 and gave the company a “buy” rating in a report on Friday, January 23rd. Stifel Nicolaus increased their price target on Micron Technology from $360.00 to $550.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. Needham & Company LLC lifted their price objective on shares of Micron Technology from $450.00 to $500.00 and gave the company a “buy” rating in a research report on Thursday, March 19th. Bank of America boosted their price objective on shares of Micron Technology from $400.00 to $500.00 and gave the company a “buy” rating in a research note on Thursday, March 19th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Micron Technology from $350.00 to $550.00 and gave the stock an “overweight” rating in a research report on Thursday, March 19th. Five 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. According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $466.75.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: Mass production of HBM4 for Nvidia is now underway, giving Micron direct exposure to a tight, high-value AI memory market that supports pricing power and revenue upside. Read More.
• Positive Sentiment: Micron reported an outsized quarter with revenue and guidance well ahead of expectations and announced a 30% dividend increase — signals of strong cash flow and management confidence that support a bullish thesis. (MarketBeat coverage)
• Positive Sentiment: Analyst optimism is rising: MU is among the most-upgraded stocks this year and several shops (including Erste Group) sharply raised EPS forecasts and targets, which underpins continued buy-side interest and higher price targets. (MarketBeat / analyst notes)
• Positive Sentiment: NAND/SSD and data-center demand remain strong, giving another revenue leg beyond HBM that could sustain results even if some DRAM demand moderates. Read More.
• Neutral Sentiment: Technical/flow dynamics: MU snapped a six-day losing streak today as some investors rotate back in after recent weakness; momentum screens still flag MU as a momentum pick for some portfolios. Read More.
• Negative Sentiment: Macro and risk-off pressure from escalating Iran-war headlines knocked tech stocks broadly this week and triggered rotation out of high-flying names like Micron. Read More.
• Negative Sentiment: Google’s TurboQuant / model-compression research and similar advances raise the risk that some AI workloads will require less memory per model, a structural worry that has pressured memory-chip multiples across the sector. Read More.
• Negative Sentiment: Short-term technical and cyclical concerns: MU briefly broke below its 50-day moving average, has seen multi-session percentage declines (some reports note ~20–25% drops over several days), and some analysts warn the AI-memory rally may be peaking — all of which increase volatility and downside risk. Read More. • Read More.
• Negative Sentiment: Corporate action noise: a cash tender offer for ~$5.4B of senior notes drew some negative market reaction when announced, adding to short-term selling pressure. Read More.

About Micron Technology

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.