Aberdeen Group plc Sells 4,425 Shares of Micron Technology, Inc. $MU

Aberdeen Group plc lowered its stake in Micron Technology, Inc. (NASDAQ:MU) by 0.5% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 823,437 shares of the semiconductor manufacturer’s stock after selling 4,425 shares during the period. Aberdeen Group plc owned 0.07% of Micron Technology worth $235,017,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. FNY Investment Advisers LLC raised its stake in Micron Technology by 234.1% during the fourth quarter. FNY Investment Advisers LLC now owns 1,794 shares of the semiconductor manufacturer’s stock valued at $512,000 after buying an additional 1,257 shares during the last quarter. CogentBlue Wealth Advisors LLC purchased a new stake in shares of Micron Technology in the fourth quarter worth $202,000. Beaumont Financial Advisors LLC increased its holdings in shares of Micron Technology by 13.3% during the fourth quarter. Beaumont Financial Advisors LLC now owns 1,563 shares of the semiconductor manufacturer’s stock valued at $446,000 after acquiring an additional 184 shares in the last quarter. Earned Wealth Advisors LLC raised its position in shares of Micron Technology by 7.4% in the 4th quarter. Earned Wealth Advisors LLC now owns 3,232 shares of the semiconductor manufacturer’s stock worth $922,000 after purchasing an additional 224 shares during the last quarter. Finally, Abacus Planning Group Inc. raised its position in shares of Micron Technology by 25.6% in the 4th quarter. Abacus Planning Group Inc. now owns 3,278 shares of the semiconductor manufacturer’s stock worth $936,000 after purchasing an additional 669 shares during the last quarter. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Insider Activity at Micron Technology

In other news, EVP Manish H. Bhatia sold 26,623 shares of the firm’s stock in a transaction 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 transaction, the executive vice president directly owned 323,486 shares in the company, valued at $126,495,965.44. This trade represents a 7.60% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Teyin M. Liu acquired 7,820 shares of the business’s stock in a transaction that occurred on Wednesday, January 14th. The stock was purchased at an average cost 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. This trade represents a 43.23% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders have acquired 23,200 shares of company stock valued at $7,821,723 and have sold 53,623 shares valued at $21,832,908. Insiders own 0.24% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently commented on MU shares. Citigroup cut their price objective on shares of Micron Technology from $510.00 to $425.00 and set a “buy” rating on the stock in a research report on Tuesday. Bank of America lifted their target price on shares of Micron Technology from $400.00 to $500.00 and gave the stock a “buy” rating in a report on Thursday, March 19th. Raymond James Financial increased their price target on shares of Micron Technology from $190.00 to $310.00 and gave the company an “outperform” rating in a report on Thursday, December 18th. Cantor Fitzgerald raised their price target on shares of Micron Technology from $450.00 to $700.00 and gave the company an “overweight” rating in a research report on Thursday, March 19th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Micron Technology from $500.00 to $550.00 and gave the stock a “buy” rating in a report on Thursday, March 19th. Five research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $463.71.

Micron Technology Stock Performance

Shares of MU stock opened at $366.24 on Friday. 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 company has a 50 day moving average price of $403.78 and a 200-day moving average price of $297.49. Micron Technology, Inc. has a 52 week low of $61.54 and a 52 week high of $471.34. The firm has a market capitalization of $413.02 billion, a PE ratio of 17.29 and a beta of 1.60.

Micron Technology Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Monday, March 30th will be given a $0.15 dividend. This is a boost from Micron Technology’s previous quarterly dividend of $0.12. 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%. Micron Technology’s payout ratio is presently 2.83%.

Trending Headlines about Micron Technology

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

• Positive Sentiment: Large analyst bullishness and upside consensus — multiple outlets note heavy buy-side coverage (94% bullish) and a street consensus price target ~ $550, supporting a multi-month upside thesis for MU. Rosenblatt Bullish on Micron Technology (MU) Amid Strong Revenue Growth
• Positive Sentiment: AI-driven demand and NAND/HBM tightness — analysts and research notes point to sustained data‑center/AI storage needs and a tight supply backdrop that should support NAND and high‑bandwidth memory pricing through FY27. Will Rising AI Storage Needs Fuel Micron’s NAND Growth Through FY27?
• Positive Sentiment: “Buy the pullback” messaging from multiple brokers and commentators — Mizuho, others and media voices (incl. Jim Cramer) are advising accumulation after the recent tumble, which supports short‑term buying interest. Micron Stock and Sandisk Retreat. Why This Wall Street Firm Says to Buy the Pullback.
• Neutral Sentiment: Corporate finance housekeeping — Micron completed cash tender offers for several senior notes, reducing outstanding debt and addressing liability management; timing is neutral-to-mildly positive relative to balance-sheet risk. Micron Announces the Expiration of the Cash Tender Offers for Any and All of Certain Outstanding Senior Notes
• Neutral Sentiment: Macro rotation and headlines — a market move (oil surge/sector rotation) pressured tech today, amplifying MU’s intraday swings but reflecting broader market flows rather than company‑specific news. Oil Surge Shakes Markets As Tech Slips
• Negative Sentiment: Citi cut its price target citing DDR5 price softness and Google’s TurboQuant efficiency threat — that call triggered significant selling and remains a near‑term overhang for the stock. Micron Drops 6% After Citi’s Price Target Cut: 3 Reasons Bears and Bulls Are Both Right
• Negative Sentiment: Analyst downgrades and capex concerns — Erste downgraded MU to hold, and several commentaries warn rising capex guidance could pressure free cash flow and elevate cyclical oversupply risks as Micron scales capacity. Erste Downgrades Micron to Hold (Finviz)

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.