Flagship Harbor Advisors LLC Sells 2,642 Shares of Micron Technology, Inc. $MU

Flagship Harbor Advisors LLC decreased its holdings in Micron Technology, Inc. (NASDAQ:MU) by 16.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 13,469 shares of the semiconductor manufacturer’s stock after selling 2,642 shares during the period. Flagship Harbor Advisors LLC’s holdings in Micron Technology were worth $3,844,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of MU. Brighton Jones LLC increased its stake in shares of Micron Technology by 18.3% in the 4th quarter. Brighton Jones LLC now owns 6,318 shares of the semiconductor manufacturer’s stock valued at $532,000 after purchasing an additional 976 shares during the last quarter. Sivia Capital Partners LLC increased its stake in shares of Micron Technology by 21.7% in the 2nd quarter. Sivia Capital Partners LLC now owns 3,528 shares of the semiconductor manufacturer’s stock valued at $435,000 after purchasing an additional 628 shares during the last quarter. United Bank bought a new position in shares of Micron Technology in the 2nd quarter valued at $236,000. Schnieders Capital Management LLC. increased its stake in shares of Micron Technology by 67.9% in the 2nd quarter. Schnieders Capital Management LLC. now owns 16,984 shares of the semiconductor manufacturer’s stock valued at $2,093,000 after purchasing an additional 6,867 shares during the last quarter. Finally, Jump Financial LLC increased its stake in shares of Micron Technology by 456.1% in the 2nd quarter. Jump Financial LLC now owns 57,056 shares of the semiconductor manufacturer’s stock valued at $7,032,000 after purchasing an additional 46,796 shares during the last quarter. Institutional investors own 80.84% of the company’s stock.

More Micron Technology News

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

• Positive Sentiment: KeyBanc reiterated an upgrade and a high $600 price target, arguing continued structural demand for high‑bandwidth memory tied to AI servers — the note bolsters the bull case and is cited as a near‑term catalyst. Micron Stock Rises. Why This Analyst Sees a 60% Gain
• Positive Sentiment: MarketBeat / InvestorPlace coverage highlights Micron as a core beneficiary of NVIDIA’s data‑center roadmap — institutional accumulation and record revenue prints for AI memory are supporting further multiple expansion. These 4 Stocks Are Quietly Riding NVIDIA’s Data Center Boom Higher
• Positive Sentiment: Zacks and other market write‑ups position Micron as one of the primary AI infrastructure plays (alongside storage and networking names), reinforcing investor rotation into memory stocks on bullish growth forecasts. Forget NVIDIA: 2 AI Stocks Poised to Be Next Big Winners
• Positive Sentiment: Reports (Benzinga coverage) say Micron has secured major AI deals with pricing floors and upfront payments — that improves revenue visibility and reduces spot‑price exposure, a meaningful fundamental positive for near‑term cash flow. What Do Experts Think Of Micron Technology’s Competition And Fundamentals?
• Neutral Sentiment: Macro and market sentiment (e.g., ceasefire optimism) are lifting indexes and helping MU alongside other cyclical tech names — positive flow, but not company‑specific fundamental news. Nasdaq 100: Seagate, Micron Lift US Indices on Ceasefire Optimism
• Negative Sentiment: Insider selling remains prominent (recent EVP sale ~ $13.9M and multiple documented insider dispositions). Heavy insider sales can be read as a signal to traders and may pressure sentiment if they continue. Insider Selling: Micron Technology (NASDAQ:MU) EVP Sells $13,895,600.00 in Stock
• Negative Sentiment: Critical analysis flags potential risks: algorithmic/trend‑driven upside (“turboquant”), capex timing/lags, and historical patterns where momentum names can sharply pull back — these cautionary takes argue for discipline around valuation and timing. Micron: TurboQuant And Capex Lag Is Not A Good Combination

Insider Transactions at Micron Technology

In related news, Director Teyin M. Liu purchased 7,820 shares of Micron Technology stock in a transaction on Wednesday, January 14th. The shares were purchased at an average price of $337.50 per share, for a total transaction of $2,639,250.00. Following the transaction, the director owned 25,910 shares of the company’s stock, valued at approximately $8,744,625. This represents a 43.23% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP April S. Arnzen sold 40,000 shares of the company’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $347.39, for a total value of $13,895,600.00. Following the completion of the sale, the executive vice president owned 125,737 shares in the company, valued at $43,679,776.43. This trade represents a 24.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have acquired 23,200 shares of company stock worth $7,821,723 and have sold 91,623 shares worth $35,053,508. Insiders own 0.24% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on MU. Cantor Fitzgerald lifted their price target on Micron Technology from $450.00 to $700.00 and gave the company an “overweight” rating in a research note on Thursday, March 19th. William Blair began coverage on Micron Technology in a research note on Thursday, January 22nd. They issued an “outperform” rating on the stock. HSBC lifted their price target on Micron Technology from $350.00 to $500.00 and gave the company a “buy” rating in a research note on Friday, January 23rd. Wedbush boosted their price objective on Micron Technology from $320.00 to $500.00 and gave the stock an “outperform” rating in a research report on Friday, March 13th. Finally, Rosenblatt Securities restated a “buy” rating and set a $500.00 price objective on shares of Micron Technology in a research report on Monday, March 16th. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $463.71.

Micron Technology Trading Up 3.1%

Shares of MU stock opened at $377.76 on Tuesday. The firm has a market capitalization of $426.01 billion, a P/E ratio of 17.84 and a beta of 1.60. Micron Technology, Inc. has a twelve month low of $61.54 and a twelve month high of $471.34. 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’s fifty day simple moving average is $402.88 and its 200 day simple moving average is $302.37.

Micron Technology Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Monday, March 30th will be given a dividend of $0.15 per share. The ex-dividend date is Monday, March 30th. This represents a $0.60 dividend on an annualized basis and a yield of 0.2%. This is an increase from Micron Technology’s previous quarterly dividend of $0.12. Micron Technology’s dividend payout ratio is presently 2.83%.

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.