Lmcg Investments LLC Has $24.42 Million Holdings in Micron Technology, Inc. $MU

Lmcg Investments LLC decreased its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 25.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 85,566 shares of the semiconductor manufacturer’s stock after selling 29,317 shares during the period. Micron Technology accounts for about 1.4% of Lmcg Investments LLC’s holdings, making the stock its 15th largest position. Lmcg Investments LLC’s holdings in Micron Technology were worth $24,421,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. REAP Financial Group LLC acquired a new position in shares of Micron Technology during the 3rd quarter valued at about $25,000. Barnes Dennig Private Wealth Management LLC acquired a new position in shares of Micron Technology during the 3rd quarter valued at about $27,000. Elevation Wealth Partners LLC increased its holdings in shares of Micron Technology by 295.8% during the 4th quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer’s stock valued at $27,000 after acquiring an additional 71 shares during the last quarter. Steigerwald Gordon & Koch Inc. increased its holdings in shares of Micron Technology by 4,800.0% during the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 98 shares of the semiconductor manufacturer’s stock valued at $28,000 after acquiring an additional 96 shares during the last quarter. Finally, GHP Investment Advisors Inc. increased its holdings in shares of Micron Technology by 91.2% during the 4th quarter. GHP Investment Advisors Inc. now owns 109 shares of the semiconductor manufacturer’s stock valued at $31,000 after acquiring an additional 52 shares during the last quarter. Institutional investors and hedge funds own 80.84% of the company’s stock.

Micron Technology Price Performance

Shares of MU stock opened at $666.14 on Thursday. The stock has a 50 day moving average of $431.27 and a two-hundred day moving average of $344.94. The company has a current ratio of 2.90, a quick ratio of 2.32 and a debt-to-equity ratio of 0.13. Micron Technology, Inc. has a 12 month low of $80.20 and a 12 month high of $667.67. The company has a market capitalization of $751.23 billion, a P/E ratio of 31.45 and a beta of 1.91.

Micron Technology Increases Dividend

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

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Weiss Ratings reissued a “buy (b-)” rating on shares of Micron Technology in a report on Thursday, January 29th. Citigroup lowered their price objective on Micron Technology from $510.00 to $425.00 and set a “buy” rating on the stock in a report on Tuesday, March 31st. Mizuho increased their target price on Micron Technology from $480.00 to $530.00 and gave the company an “outperform” rating in a research note on Thursday, March 19th. Melius Research assumed coverage on Micron Technology in a research note on Monday, April 27th. They set a “buy” rating and a $700.00 target price for the company. Finally, Morgan Stanley increased their target price on Micron Technology from $350.00 to $450.00 and gave the company an “overweight” rating in a research note on Wednesday, February 11th. Five analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $478.24.

Insiders Place Their Bets

In other Micron Technology news, EVP Sumit Sadana sold 24,000 shares of the firm’s stock in a transaction that occurred on Friday, April 10th. The stock was sold at an average price of $421.35, for a total value 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP April S. Arnzen sold 40,000 shares of the firm’s stock in a transaction that occurred on Wednesday, April 1st. The stock was 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 of the company’s stock, valued at $43,679,776.43. This represents a 24.13% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 104,000 shares of company stock worth $45,458,400. 0.24% of the stock is currently owned by company insiders.

Micron Technology News Roundup

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

• Positive Sentiment: Company began shipping the industry‑leading 245TB Micron 6600 ION data‑center SSD, strengthening Micron’s positioning in AI/cloud storage where customers need higher capacity and efficiency. Industry-Leading 245TB Micron 6600 ION Data Center SSD Now Shipping
• Positive Sentiment: Strong near‑term financials and AI memory tightness: recent reports cite very large YoY net income growth, elevated DRAM/NAND/HBM pricing and sales momentum as customers scramble for capacity, which supports margins and cash flow expectations. Micron Technology (MU) Is Up 28.6% After Launching 245TB SSD Amid AI-Driven Memory Tightness
• Positive Sentiment: Sector momentum and analyst upgrades have pushed MU past major market‑cap and price milestones; several firms raised targets and coverage amid the AI infrastructure bull case. Micron zooms past $700 billion market cap as rally in memory stocks accelerates
• Positive Sentiment: Unusual options and trading flows (large put activity interpreted by some traders as bullish hedging/speculation) are amplifying short‑term conviction and liquidity. Micron Technology huge, unusual put option activity – a bullish signal as MU rises 12%
• Neutral Sentiment: Heavy social/media chatter about MU breaking $600 and sold‑out HBM through 2026 is magnifying momentum but also elevating short‑term volatility (noise vs. fundamentals). Micron Technology Stock Opinions on Breaking $600 Barrier
• Neutral Sentiment: Large institutional rebalancing (big buys and large reductions by different funds) leaves the stock highly liquid but sensitive to fund flows. Quiver Quantitative institutional holdings summary
• Negative Sentiment: Insider selling: CEO Sanjay Mehrotra sold 40,000 shares (SEC filing), which can trigger headline selling despite his remaining large stake. SEC Filing: Insider Sale
• Negative Sentiment: Analyst/commentator cautions about overbought technicals (RSI elevated), models that could reduce memory intensity, and near‑term manufacturing constraints — all raise the risk of a meaningful pullback or profit‑taking. Analyst warns of a peak in Micron stock

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.