Peak Financial Advisors LLC Purchases 3,813 Shares of Micron Technology, Inc. $MU

Peak Financial Advisors LLC grew its position in shares of Micron Technology, Inc. (NASDAQ:MU) by 60.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,170 shares of the semiconductor manufacturer’s stock after buying an additional 3,813 shares during the quarter. Micron Technology accounts for 1.3% of Peak Financial Advisors LLC’s portfolio, making the stock its 14th largest position. Peak Financial Advisors LLC’s holdings in Micron Technology were worth $2,903,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in MU. Brighton Jones LLC raised its holdings in Micron Technology by 18.3% in the 4th quarter. Brighton Jones LLC now owns 6,318 shares of the semiconductor manufacturer’s stock worth $532,000 after acquiring an additional 976 shares during the last quarter. Sivia Capital Partners LLC boosted its stake in Micron Technology by 21.7% during 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 purchased a new stake in Micron Technology during the 2nd quarter valued at $236,000. Schnieders Capital Management LLC. increased its holdings 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 worth $2,093,000 after purchasing an additional 6,867 shares in the last quarter. Finally, American Century Companies Inc. raised its stake in shares of Micron Technology by 245.6% in the second quarter. American Century Companies Inc. now owns 803,788 shares of the semiconductor manufacturer’s stock worth $99,067,000 after purchasing an additional 571,209 shares during the last quarter. Institutional investors own 80.84% of the company’s stock.

Micron Technology News Roundup

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

• Positive Sentiment: Blowout results: Micron reported a massive revenue and margin beat (Q2 revenue nearly tripled year-over-year and management guided strong margins), which underpins bullish analyst upgrades and higher long-term price targets. Micron Technology’s Earnings Skyrocketed 771% Last Quarter
• Positive Sentiment: Analyst and investor support: Multiple firms have raised targets and upgraded MU (MarketBeat / Raymond James coverage cited big target lifts), and high-profile bulls (e.g., Ross Gerber) called Micron a strong AI-memory play. Micron stock sinks for a fourth straight day despite dominant earnings report Ross Gerber Flags Micron Technology As ‘Very Good Chip Company’
• Positive Sentiment: Shareholder returns: Micron raised its dividend ~30% and launched cash tender offers for several senior notes, signaling capital allocation moves that many investors view positively. One More Reason to Buy Micron Stock Micron Announces Cash Tender Offers for Certain Senior Notes
• Neutral Sentiment: Tender offers detail: The buybacks of senior notes (several series, settlement expected Apr 3) reduce outstanding debt but also consume cash — impact depends on participation and financing choices. Micron Announces Cash Tender Offers
• Negative Sentiment: Google AI compression risk: Google published research claiming model memory needs could be cut ~6x; investors sold memory names on the risk that future DRAM/HBM demand could slow as models become more memory‑efficient. A Google AI breakthrough is pressuring memory chip stocks
• Negative Sentiment: Orderbook & concentration risks: Analysts flagged potential softness — large customers (e.g., OpenAI) account for a big share of DRAM orders and overordering or cancellations are a concern, prompting downgrades and caution. Micron: Softness In DRAM Orders (Rating Downgrade)
• Negative Sentiment: Capex and cycle worries: Micron’s aggressive capex guidance (large FY26/FY27 spend) and competitor investment moves (SK Hynix) have made some investors fear overcapacity, lower capital efficiency and margin pressure down the road. The ‘Problem’ With Micron’s Guidance Micron stock sinks for a fourth straight day despite dominant earnings report

Wall Street Analyst Weigh In

MU has been the topic of a number of research analyst reports. HSBC upped their price target on Micron Technology from $350.00 to $500.00 and gave the company a “buy” rating in a report on Friday, January 23rd. Itau BBA Securities reissued an “outperform” rating on shares of Micron Technology in a research report on Thursday, December 18th. Bank of America upped their target price on shares of Micron Technology from $400.00 to $500.00 and gave the company a “buy” rating in a research note on Thursday, March 19th. TD Cowen raised their price target on shares of Micron Technology from $450.00 to $500.00 and gave the company a “buy” rating in a report on Monday, March 16th. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $500.00 price target on shares of Micron Technology in a research note on Monday, March 16th. Five research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $466.75.

Insider Transactions at Micron Technology

In other Micron Technology news, Director Teyin M. Liu purchased 7,820 shares of Micron Technology stock in a transaction dated Wednesday, January 14th. The stock was purchased at an average price of $337.50 per share, with a total value of $2,639,250.00. Following the transaction, 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. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Sumit Sadana sold 25,000 shares of the stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $429.89, for a total transaction of $10,747,250.00. Following the completion of the transaction, the executive vice president owned 248,021 shares in the company, valued at $106,621,747.69. This trade represents a 9.16% decrease in their position. The disclosure for this sale is available in the SEC filing. 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. 0.24% of the stock is currently owned by company insiders.

Micron Technology Stock Performance

Shares of MU opened at $382.09 on Thursday. The firm has a market capitalization of $430.89 billion, a P/E ratio of 18.04 and a beta of 1.50. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.90 and a quick ratio of 2.32. Micron Technology, Inc. has a one year low of $61.54 and a one year high of $471.34. The business has a fifty day moving average of $405.94 and a 200 day moving average of $289.84.

Micron Technology Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Monday, March 30th will be paid 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 dividend 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 2.17%.

Micron Technology 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.