3,316 Shares in Micron Technology, Inc. $MU Acquired by Tyche Wealth Partners LLC

Tyche Wealth Partners LLC bought a new position in shares of Micron Technology, Inc. (NASDAQ:MUFree Report) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 3,316 shares of the semiconductor manufacturer’s stock, valued at approximately $555,000.

A number of other hedge funds have also recently made changes to their positions in the business. Everhart Financial Group Inc. lifted its position in Micron Technology by 26.9% in the third quarter. Everhart Financial Group Inc. now owns 7,641 shares of the semiconductor manufacturer’s stock valued at $1,278,000 after purchasing an additional 1,619 shares during the last quarter. Keybank National Association OH raised its holdings in Micron Technology by 7.1% in the 3rd quarter. Keybank National Association OH now owns 11,904 shares of the semiconductor manufacturer’s stock worth $1,992,000 after purchasing an additional 788 shares in the last quarter. Howard Capital Management Inc. lifted its holdings in Micron Technology by 0.6% in the third quarter. Howard Capital Management Inc. now owns 28,586 shares of the semiconductor manufacturer’s stock worth $4,783,000 after buying an additional 174 shares during the period. National Pension Service lifted its stake in shares of Micron Technology by 4.4% in the 3rd quarter. National Pension Service now owns 2,815,509 shares of the semiconductor manufacturer’s stock valued at $471,091,000 after purchasing an additional 117,862 shares during the period. Finally, Welch & Forbes LLC bought a new stake in shares of Micron Technology during the 3rd quarter valued at $248,000. 80.84% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, Director Teyin M. Liu acquired 7,820 shares of the business’s stock in a transaction on Wednesday, January 14th. The stock was bought at an average cost of $337.50 per share, for a total transaction of $2,639,250.00. Following the purchase, the director owned 25,910 shares in the company, valued at approximately $8,744,625. This represents a 43.23% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Steven J. Gomo sold 5,000 shares of the business’s stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $263.63, for a total value of $1,318,150.00. Following the transaction, the director owned 19,139 shares in the company, valued at approximately $5,045,614.57. This represents a 20.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have bought 23,200 shares of company stock worth $7,821,723 and have sold 61,123 shares worth $19,547,151. 0.24% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms have commented on MU. KeyCorp boosted their target price on Micron Technology from $325.00 to $450.00 and gave the stock an “overweight” rating in a report on Tuesday, January 13th. BNP Paribas Exane upgraded shares of Micron Technology from an “underperform” rating to an “outperform” rating and set a $270.00 price objective on the stock in a research report on Monday, October 13th. New Street Research reiterated a “neutral” rating on shares of Micron Technology in a research report on Tuesday, October 14th. Mizuho increased their price target on shares of Micron Technology from $390.00 to $480.00 and gave the stock an “outperform” rating in a research report on Tuesday. Finally, Barclays lifted their price objective on Micron Technology from $275.00 to $450.00 and gave the company an “overweight” rating in a research report on Friday, January 16th. Five analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $349.76.

View Our Latest Analysis on Micron Technology

Micron Technology Price Performance

Micron Technology stock opened at $414.88 on Friday. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.46 and a quick ratio of 1.78. The stock has a market cap of $466.95 billion, a price-to-earnings ratio of 39.44 and a beta of 1.50. The firm has a 50-day moving average of $301.32 and a two-hundred day moving average of $211.10. Micron Technology, Inc. has a 1 year low of $61.54 and a 1 year high of $455.50.

Micron Technology (NASDAQ:MUGet Free Report) last issued its quarterly earnings data on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.77 by $1.01. The company had revenue of $13.64 billion for the quarter, compared to analyst estimates of $12.62 billion. Micron Technology had a net margin of 28.15% and a return on equity of 22.71%. Micron Technology’s revenue was up 56.7% compared to the same quarter last year. During the same period last year, the company posted $1.79 earnings per share. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. On average, research analysts forecast that Micron Technology, Inc. will post 6.08 earnings per share for the current year.

Micron Technology Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Monday, December 29th were issued a dividend of $0.115 per share. This represents a $0.46 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Monday, December 29th. Micron Technology’s dividend payout ratio (DPR) is 4.37%.

Key Micron Technology News

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

Micron Technology Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Micron Technology (NASDAQ:MU)

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