Delta Capital Management LLC Sells 4,320 Shares of Micron Technology, Inc. $MU

Delta Capital Management LLC reduced its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 12.4% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 30,650 shares of the semiconductor manufacturer’s stock after selling 4,320 shares during the period. Micron Technology accounts for 3.2% of Delta Capital Management LLC’s investment portfolio, making the stock its 2nd biggest holding. Delta Capital Management LLC’s holdings in Micron Technology were worth $8,748,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. REAP Financial Group LLC purchased a new position in Micron Technology in the third quarter valued at about $25,000. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of Micron Technology in the 3rd quarter valued at approximately $27,000. Elevation Wealth Partners LLC increased its holdings in Micron Technology by 295.8% in the fourth quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer’s stock worth $27,000 after buying an additional 71 shares during the last quarter. Howard Hughes Medical Institute bought a new position in Micron Technology during the second quarter valued at approximately $30,000. Finally, Cullen Frost Bankers Inc. lifted its stake in Micron Technology by 79.3% in the third quarter. Cullen Frost Bankers Inc. now owns 199 shares of the semiconductor manufacturer’s stock valued at $33,000 after acquiring an additional 88 shares during the last quarter. 80.84% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on MU shares. Royal Bank Of Canada increased their price target on shares of Micron Technology from $425.00 to $525.00 and gave the stock an “outperform” rating in a research note on Monday, March 16th. Barclays upped their price objective on shares of Micron Technology from $450.00 to $675.00 and gave the stock an “overweight” rating in a report on Thursday, March 19th. Piper Sandler increased their target price on shares of Micron Technology from $275.00 to $400.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 7th. Sanford C. Bernstein raised their target price on Micron Technology from $330.00 to $510.00 and gave the company an “outperform” rating in a report on Wednesday, March 18th. Finally, Citigroup boosted their price target on Micron Technology from $430.00 to $510.00 and gave the stock a “buy” rating in a research report on Thursday, March 19th. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, Micron Technology has a consensus rating of “Buy” and a consensus target price of $466.75.

Insider Activity

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

Micron Technology News Summary

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

• Positive Sentiment: Micron’s HBM4 going into mass production for Nvidia’s next‑gen AI platform is a material product win that strengthens Micron’s positioning in the high‑end AI memory market. Article Title
• Positive Sentiment: Management is ramping capex to meet strong memory demand and AI infrastructure needs, which supports multi‑year revenue visibility and benefits equipment suppliers — a bullish signal for long‑term growth despite near‑term share volatility. Article Title
• Positive Sentiment: Several bullish analyst and investor pieces argue the pullback is a buying opportunity given Micron’s strong margins, supply tightness, and large Wall Street upside to consensus targets. Article Title
• Neutral Sentiment: Micron is reportedly exploring adding assembly/testing capacity via a Japan Display plant — an expansion that could help output but also raises questions about execution and near‑term capital intensity. Article Title
• Neutral Sentiment: High‑profile endorsements and media attention (including political commentary) are keeping the story in headlines—volatile for trading flows but not a fundamentals driver. Article Title
• Negative Sentiment: Google’s TurboQuant memory‑compression announcement prompted broad concern that memory demand per AI workload could fall — the primary, immediate driver of today’s selling pressure. Article Title
• Negative Sentiment: The stock is extending a post‑earnings sell‑off that began after Micron’s March 18 report as investors digest elevated CAPEX guidance and the potential for memory price normalization despite strong results. Article Title
• Negative Sentiment: Broader semiconductor sector weakness and risk‑off headlines (geopolitical/oil) have amplified selling in high‑beta chip names, pressuring MU alongside peers. Article Title

Micron Technology Price Performance

NASDAQ MU opened at $321.80 on Tuesday. The company has a current ratio of 2.90, a quick ratio of 2.32 and a debt-to-equity ratio of 0.13. The company has a fifty day simple moving average of $405.38 and a 200 day simple moving average of $295.24. The company has a market cap of $362.90 billion, a P/E ratio of 15.19 and a beta of 1.50. Micron Technology, Inc. has a 1 year low of $61.54 and a 1 year high of $471.34.

Micron Technology Increases Dividend

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

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.