Arrien Investments Inc. Invests $292,000 in Micron Technology, Inc. $MU

Arrien Investments Inc. bought a new position in shares of Micron Technology, Inc. (NASDAQ:MU) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 1,022 shares of the semiconductor manufacturer’s stock, valued at approximately $292,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. iA Global Asset Management Inc. increased its position in Micron Technology by 18.7% during the third quarter. iA Global Asset Management Inc. now owns 146,890 shares of the semiconductor manufacturer’s stock worth $24,578,000 after buying an additional 23,117 shares during the period. Wealthfront Advisers LLC increased its position in Micron Technology by 9.8% during the third quarter. Wealthfront Advisers LLC now owns 95,396 shares of the semiconductor manufacturer’s stock worth $15,962,000 after buying an additional 8,489 shares during the period. Westpac Banking Corp increased its position in Micron Technology by 251.0% during the third quarter. Westpac Banking Corp now owns 23,086 shares of the semiconductor manufacturer’s stock worth $3,863,000 after buying an additional 16,509 shares during the period. Generation Capital Management LLC acquired a new position in Micron Technology during the third quarter worth approximately $238,000. Finally, Avanda Investment Management Pte. Ltd. acquired a new position in Micron Technology during the third quarter worth approximately $418,000. Institutional investors and hedge funds own 80.84% of the company’s stock.

Micron Technology Trading Up 5.6%

Shares of MU stock opened at $524.56 on Tuesday. The business’s 50 day moving average is $416.09 and its two-hundred day moving average is $331.63. Micron Technology, Inc. has a twelve month low of $73.50 and a twelve month high of $531.36. The company has a market capitalization of $591.56 billion, a P/E ratio of 24.77 and a beta of 1.60. 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 Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Monday, March 30th were paid a $0.15 dividend. This is an increase from Micron Technology’s previous quarterly dividend of $0.12. The ex-dividend date was Monday, March 30th. This represents a $0.60 annualized dividend and a dividend yield of 0.1%. Micron Technology’s dividend payout ratio (DPR) is 2.83%.

Insider Buying and Selling

In related news, EVP April S. Arnzen sold 40,000 shares of Micron Technology stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $347.39, for a total value of $13,895,600.00. Following the sale, the executive vice president directly owned 125,737 shares in the company, valued at $43,679,776.43. The trade was a 24.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sumit Sadana sold 24,000 shares of Micron Technology stock in a transaction that occurred on Friday, April 10th. The shares were sold at an average price of $421.35, for a total value of $10,112,400.00. Following the completion of the sale, the executive vice president owned 224,021 shares in the company, valued at approximately $94,391,248.35. This trade represents a 9.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 89,000 shares of company stock worth $34,755,250. Company insiders own 0.24% of the company’s stock.

Analyst Upgrades and Downgrades

MU has been the topic of several research analyst reports. TD Cowen lifted 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. Bank of America lifted their price target on Micron Technology from $400.00 to $500.00 and gave the stock a “buy” rating in a research report on Thursday, March 19th. KeyCorp lifted their price target on Micron Technology from $450.00 to $600.00 and gave the stock an “overweight” rating in a research report on Thursday, March 19th. JPMorgan Chase & Co. lifted their price target on Micron Technology from $350.00 to $550.00 and gave the stock an “overweight” rating in a research report on Thursday, March 19th. Finally, Summit Insights downgraded Micron Technology from a “buy” rating to a “hold” rating in a research note 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 four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $472.72.

More Micron Technology News

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

• Positive Sentiment: Melius Research initiated coverage with a Buy and $700 price target, signaling sizable upside and reinforcing dealer/retail conviction in Micron’s multi-year AI-driven growth story. Melius Research coverage
• Positive Sentiment: Analysts and research notes (Barron’s, Seeking Alpha, InsiderMonkey coverage) are emphasizing sustained AI/hyperscaler demand that tightens memory supply and supports higher margins — a structural thesis that justifies premium multiples for MU. Barron’s: Analyst coverage
• Positive Sentiment: Heavy, unusually large MU option trades have been detected, consistent with speculative and directional bullish positioning that can accelerate intraday upside and reflect investor expectation of further gains. Yahoo Options Activity
• Positive Sentiment: Research notes and market pieces (CNBC, Seeking Alpha) expect memory demand to remain elevated through the decade due to AI infrastructure buildouts; firms like SanDisk rallying alongside MU supports a sector-wide momentum trade. CNBC: Demand through 2030
• Neutral Sentiment: Disclosure that Senator Fetterman bought a small Micron stake has generated headlines; the trade is modest in size but adds publicity and political/regulatory attention — not a material company signal. QuiverQuant: Senator trade
• Neutral Sentiment: Broader comments from JPMorgan caution that Nvidia’s past explosive rallies may not repeat, a reminder that mega-cap chip leaders can set sentiment for the group — this could temper excessive extrapolation but doesn’t alter MU’s memory-specific demand drivers. Yahoo: JPMorgan on Nvidia
• Negative Sentiment: Some cautionary analysis flags potential execution and inventory-cycle risks that could pressure margins if supply/demand dynamics normalize; these forecasts are the main near-term downside risk to today’s rally. Fool: downside forecast

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.