Micron Technology, Inc. $MU Shares Sold by Ashton Thomas Private Wealth LLC

Ashton Thomas Private Wealth LLC trimmed its stake in Micron Technology, Inc. (NASDAQ:MU) by 5.8% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 20,345 shares of the semiconductor manufacturer’s stock after selling 1,260 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in Micron Technology were worth $5,809,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in MU. AQR Capital Management LLC lifted its stake in Micron Technology by 411.9% in the third quarter. AQR Capital Management LLC now owns 3,627,022 shares of the semiconductor manufacturer’s stock valued at $606,873,000 after buying an additional 2,918,535 shares during the last quarter. Vanguard Group Inc. lifted its stake in Micron Technology by 1.9% in the fourth quarter. Vanguard Group Inc. now owns 106,608,094 shares of the semiconductor manufacturer’s stock valued at $30,427,016,000 after buying an additional 1,954,644 shares during the last quarter. California Public Employees Retirement System lifted its stake in Micron Technology by 70.2% in the third quarter. California Public Employees Retirement System now owns 3,023,799 shares of the semiconductor manufacturer’s stock valued at $505,942,000 after buying an additional 1,246,773 shares during the last quarter. Voloridge Investment Management LLC lifted its stake in Micron Technology by 1,064.3% in the third quarter. Voloridge Investment Management LLC now owns 1,304,471 shares of the semiconductor manufacturer’s stock valued at $218,264,000 after buying an additional 1,192,433 shares during the last quarter. Finally, Wellington Management Group LLP lifted its stake in Micron Technology by 19.9% in the third quarter. Wellington Management Group LLP now owns 7,150,530 shares of the semiconductor manufacturer’s stock valued at $1,196,427,000 after buying an additional 1,188,296 shares during the last quarter. 80.84% of the stock is currently owned by institutional investors.

Micron Technology Price Performance

Shares of NASDAQ MU opened at $524.56 on Tuesday. Micron Technology, Inc. has a fifty-two week low of $73.50 and a fifty-two week high of $531.36. The firm’s 50-day simple moving average is $416.09 and its 200 day simple moving average is $331.63. The company has a quick ratio of 2.32, a current ratio of 2.90 and a debt-to-equity ratio of 0.13. The stock has a market cap of $591.56 billion, a P/E ratio of 24.77 and a beta of 1.60.

Micron Technology Increases Dividend

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

Key Stories Impacting Micron Technology

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

Insider Transactions at Micron Technology

In related news, EVP April S. Arnzen sold 40,000 shares of Micron Technology stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $347.39, for a total transaction 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sumit Sadana sold 24,000 shares of the business’s stock in a transaction dated Friday, April 10th. The stock was sold at an average price of $421.35, for a total transaction 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. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have 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

A number of equities research analysts have issued reports on MU shares. Needham & Company LLC raised their target price on Micron Technology from $450.00 to $500.00 and gave the company a “buy” rating in a research note on Thursday, March 19th. UBS Group raised their target price on Micron Technology from $510.00 to $535.00 and gave the company a “buy” rating in a research note on Wednesday, April 8th. Royal Bank Of Canada raised their target price on Micron Technology from $425.00 to $525.00 and gave the company an “outperform” rating in a research note on Monday, March 16th. JPMorgan Chase & Co. raised their target price on Micron Technology from $350.00 to $550.00 and gave the company an “overweight” rating in a research note on Thursday, March 19th. Finally, Summit Insights cut Micron Technology from a “buy” rating to a “hold” rating in a research note on Thursday, March 19th. Five research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $472.72.

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.