Outlook Wealth Advisors LLC Purchases Shares of 858 Micron Technology, Inc. $MU

Outlook Wealth Advisors LLC acquired a new position in shares of Micron Technology, Inc. (NASDAQ:MU) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 858 shares of the semiconductor manufacturer’s stock, valued at approximately $245,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Portfolio Design Labs LLC increased its holdings in shares of Micron Technology by 1.9% during the 4th quarter. Portfolio Design Labs LLC now owns 11,759 shares of the semiconductor manufacturer’s stock worth $3,356,000 after buying an additional 224 shares during the last quarter. Insight Advisors LLC PA increased its holdings in shares of Micron Technology by 28.2% during the 4th quarter. Insight Advisors LLC PA now owns 2,485 shares of the semiconductor manufacturer’s stock worth $709,000 after buying an additional 547 shares during the last quarter. Stonebrook Private Inc. increased its holdings in shares of Micron Technology by 3.1% during the 4th quarter. Stonebrook Private Inc. now owns 2,937 shares of the semiconductor manufacturer’s stock worth $838,000 after buying an additional 89 shares during the last quarter. Winnow Wealth LLC increased its holdings in shares of Micron Technology by 724.3% during the 4th quarter. Winnow Wealth LLC now owns 3,767 shares of the semiconductor manufacturer’s stock worth $1,077,000 after buying an additional 3,310 shares during the last quarter. Finally, Monetary Management Group Inc. increased its holdings in shares of Micron Technology by 104.5% during the 4th quarter. Monetary Management Group Inc. now owns 9,815 shares of the semiconductor manufacturer’s stock worth $2,801,000 after buying an additional 5,015 shares during the last quarter. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Micron Technology Stock Down 4.7%

Shares of NASDAQ MU opened at $891.88 on Thursday. The stock has a fifty day moving average price of $652.14 and a 200 day moving average price of $454.31. The company has a current ratio of 2.90, a quick ratio of 2.32 and a debt-to-equity ratio of 0.13. The company has a market cap of $1.01 trillion, a P/E ratio of 42.11 and a beta of 2.16. Micron Technology, Inc. has a 12-month low of $103.38 and a 12-month high of $1,089.29.

Micron Technology (NASDAQ:MU) last announced its earnings results on Wednesday, March 18th. The semiconductor manufacturer reported $12.20 earnings per share for the quarter, beating the consensus estimate of $9.19 by $3.01. The company had revenue of $23.86 billion during the quarter, compared to the consensus estimate of $19.97 billion. Micron Technology had a return on equity of 41.16% and a net margin of 41.49%.The company’s revenue was up 196 on a year-over-year basis. During the same period last year, the firm earned $1.56 earnings per share. Research analysts anticipate that Micron Technology, Inc. will post 59.12 EPS for the current fiscal year.

Micron Technology Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Monday, March 30th were paid a dividend of $0.15 per share. This is a boost from Micron Technology’s previous quarterly dividend of $0.12. This represents a $0.60 annualized dividend and a dividend yield of 0.1%. The ex-dividend date was Monday, March 30th. Micron Technology’s payout ratio is 2.83%.

Insiders Place Their Bets

In other news, EVP Sumit Sadana sold 24,000 shares of the firm’s stock in a transaction dated Friday, April 10th. The stock was sold at an average price of $421.35, for a total transaction of $10,112,400.00. Following the completion of the sale, the executive vice president directly owned 224,021 shares in the company, valued at $94,391,248.35. This trade represents a 9.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP April S. Arnzen sold 40,000 shares of the firm’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 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 146,000 shares of company stock valued at $85,486,715 over the last ninety days. Insiders own 0.24% of the company’s stock.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: Micron continues to benefit from strong AI-memory demand, with multiple recent articles highlighting HBM, server DRAM, and SSD exposure as key drivers of the company’s growth. Micron’s Parabolic Run May Have More Room To Go
• Positive Sentiment: Analysts remain broadly constructive: Goldman Sachs and Wells Fargo both raised price targets, reinforcing the view that earnings and AI demand can still support further upside. Micron Technology To $900? Here Are 10 Top Analyst Forecasts For Wednesday
• Positive Sentiment: Micron also announced it selected Bechtel for the first phase of its New York semiconductor campus, a sign that its U.S. manufacturing expansion is moving forward. Micron Selects Bechtel as Construction Partner for Historic New York Semiconductor Project
• Neutral Sentiment: Micron added a high-profile AI/cloud executive, Dr. Alexis Black Björlin, to its board of directors, which supports the company’s strategic positioning but is not a near-term financial catalyst. Micron Appoints Alexis Black Björlin to Board of Directors
• Neutral Sentiment: Several upbeat commentary pieces and momentum screens continue to frame MU as a top AI-infrastructure winner, but these are largely sentiment-driven rather than new operational disclosures. Micron & 2 Momentum Stocks to Buy Now for Explosive Upside
• Negative Sentiment: Shares are being dragged lower along with other AI hardware names as investors react to Super Micro’s stock sale, hotter inflation data, and geopolitical tensions, sparking a broader selloff in semiconductors. Stock Market Today, June 10: Super Micro Computer, Nvidia, Micron Fall as Risk-Off Mood Intensifies
• Negative Sentiment: The stock’s strong run has also left it vulnerable to profit-taking, with some analysts warning that expectations are very high heading into Micron’s June 24 earnings report. Is Micron’s Stock Price Dip a Buying Opportunity?

Wall Street Analyst Weigh In

A number of research firms have recently commented on MU. Royal Bank Of Canada upped their price objective on Micron Technology from $425.00 to $525.00 and gave the stock an “outperform” rating in a report on Monday, March 16th. Susquehanna upped their price objective on Micron Technology from $600.00 to $1,750.00 and gave the stock a “positive” rating in a report on Friday, May 29th. Stifel Nicolaus upped their price objective on Micron Technology from $360.00 to $550.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. Sanford C. Bernstein increased their price target on Micron Technology from $330.00 to $510.00 and gave the company an “outperform” rating in a report on Wednesday, March 18th. Finally, Erste Group Bank downgraded Micron Technology from a “buy” rating to a “hold” rating in a report on Thursday, April 2nd. Five equities research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $707.63.

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.