Advisors Management Group Inc. ADV Has $10.18 Million Stock Position in Micron Technology, Inc. $MU

Advisors Management Group Inc. ADV lessened its holdings in Micron Technology, Inc. (NASDAQ:MU) by 19.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 35,674 shares of the semiconductor manufacturer’s stock after selling 8,566 shares during the quarter. Micron Technology makes up approximately 1.9% of Advisors Management Group Inc. ADV’s holdings, making the stock its 13th biggest holding. Advisors Management Group Inc. ADV’s holdings in Micron Technology were worth $10,182,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. REAP Financial Group LLC acquired a new position in Micron Technology in the third quarter valued at approximately $25,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in Micron Technology during the 3rd quarter worth $27,000. Elevation Wealth Partners LLC raised its position in shares of Micron Technology by 295.8% during 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 last quarter. Howard Hughes Medical Institute bought a new stake in shares of Micron Technology during the 2nd quarter valued at $30,000. Finally, Cullen Frost Bankers Inc. lifted 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 period. Institutional investors and hedge funds own 80.84% of the company’s stock.

Trending Headlines about 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.

Insider Transactions at Micron Technology

In other Micron Technology news, CAO Scott R. Allen sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $337.50, for a total transaction of $675,000.00. Following the completion of the transaction, the chief accounting officer owned 38,237 shares of the company’s stock, valued at $12,904,987.50. This represents a 4.97% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Teyin M. Liu bought 7,820 shares of Micron Technology stock in a transaction that occurred on Wednesday, January 14th. The shares were acquired at an average price of $337.50 per share, with a total value of $2,639,250.00. Following the acquisition, the director directly owned 25,910 shares of the company’s stock, valued at $8,744,625. The trade was a 43.23% increase in their position. The SEC filing for this purchase provides additional information. Over the last quarter, insiders have bought 23,200 shares of company stock worth $7,821,723 and have sold 53,623 shares worth $21,832,908. Corporate insiders own 0.24% of the company’s stock.

Micron Technology Trading Up 0.5%

MU opened at $357.22 on Friday. The stock has a market capitalization of $402.85 billion, a P/E ratio of 16.87 and a beta of 1.50. The company has a current ratio of 2.90, a quick ratio of 2.32 and a debt-to-equity ratio of 0.13. Micron Technology, Inc. has a 12 month low of $61.54 and a 12 month high of $471.34. The firm’s fifty day simple moving average is $406.20 and its 200 day simple moving average is $292.96.

Micron Technology Increases Dividend

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

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on MU. TD Cowen raised their price target on Micron Technology from $450.00 to $500.00 and gave the stock a “buy” rating in a research report on Monday, March 16th. Itau BBA Securities restated an “outperform” rating on shares of Micron Technology in a report on Thursday, December 18th. JPMorgan Chase & Co. boosted their target price on Micron Technology from $350.00 to $550.00 and gave the stock an “overweight” rating in a research report on Thursday, March 19th. Summit Insights cut Micron Technology from a “buy” rating to a “hold” rating in a research note on Thursday, March 19th. Finally, Raymond James Financial lifted their price objective on shares of Micron Technology from $190.00 to $310.00 and gave the stock an “outperform” rating in a research note on Thursday, December 18th. Five investment 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. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $466.75.

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.