Hillsdale Investment Management Inc. grew its position in shares of Micron Technology, Inc. (NASDAQ:MU – Free Report) by 66.7% during the 1st quarter, HoldingsChannel.com reports. The firm owned 15,470 shares of the semiconductor manufacturer’s stock after buying an additional 6,190 shares during the quarter. Hillsdale Investment Management Inc.’s holdings in Micron Technology were worth $5,226,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also made changes to their positions in MU. High Note Wealth LLC boosted its holdings in shares of Micron Technology by 65.4% in the fourth quarter. High Note Wealth LLC now owns 86 shares of the semiconductor manufacturer’s stock valued at $25,000 after acquiring an additional 34 shares during the period. Elevation Wealth Partners LLC increased its holdings in shares of Micron Technology by 295.8% in 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 period. Kohmann Bosshard Financial Services LLC purchased a new stake in Micron Technology in the 1st quarter valued at $27,000. Steigerwald Gordon & Koch Inc. raised its position in Micron Technology by 4,800.0% in the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 98 shares of the semiconductor manufacturer’s stock valued at $28,000 after purchasing an additional 96 shares during the last quarter. Finally, Bayban acquired a new stake in Micron Technology during the 4th quarter worth $29,000. Institutional investors and hedge funds own 80.84% of the company’s stock.
Micron Technology Stock Performance
MU opened at $983.12 on Wednesday. The stock has a market cap of $1.11 trillion, a P/E ratio of 22.26 and a beta of 2.14. The company has a debt-to-equity ratio of 0.05, a current ratio of 3.42 and a quick ratio of 2.98. The stock’s 50 day simple moving average is $938.51 and its 200 day simple moving average is $589.85. Micron Technology, Inc. has a 1-year low of $103.38 and a 1-year high of $1,255.00.
Micron Technology Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 21st. Stockholders of record on Monday, July 6th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend is Monday, July 6th. Micron Technology’s payout ratio is 1.36%.
More Micron Technology News
Here are the key news stories impacting Micron Technology this week:
- Positive Sentiment: KeyBanc raised its price target on Micron and reiterated an overweight view, citing persistent supply shortages and expectations for continued memory-price increases. Benzinga
- Positive Sentiment: Several reports highlighted Micron as a beneficiary of the AI boom, with strong demand for HBM and long-term supply agreements improving revenue visibility and supporting the bullish growth case. The AI Boom Isn’t Over: 3 Stocks to Buy for 2H 2026
- Positive Sentiment: Analysts and commentators said Micron’s recent pullback may have created a buying opportunity, arguing the stock still looks attractive relative to its growth outlook and memory-cycle fundamentals. Micron Offers a Lucrative Investment Opportunity at Current Valuation
- Neutral Sentiment: Micron continues to draw attention from high-profile investors and media, with articles emphasizing its role in AI infrastructure and its strong first-half performance, but these pieces are more sentiment drivers than new fundamentals. Why Micron Technology Stock Rallied on Tuesday
- Negative Sentiment: Micron is still under pressure from broader memory-sector volatility after SK Hynix’s weak outlook and the recent bear-market decline in chip stocks sparked fears that the AI-memory trade may be cooling. Micron Stock Drops as Memory Rivals’ Surging Spending Stokes Fears
Insider Buying and Selling at Micron Technology
In other Micron Technology news, Director Lynn A. Dugle sold 1,300 shares of Micron Technology stock in a transaction dated Tuesday, June 30th. The shares were sold at an average price of $1,150.43, for a total transaction of $1,495,559.00. Following the completion of the transaction, the director owned 17,728 shares in the company, valued at approximately $20,394,823.04. The trade was a 6.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP April S. Arnzen sold 40,000 shares of Micron Technology stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $1,083.94, for a total transaction of $43,357,600.00. Following the transaction, the executive vice president owned 85,737 shares of the company’s stock, valued at approximately $92,933,763.78. The trade was a 31.81% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 163,300 shares of company stock valued at $152,667,204 over the last 90 days. 0.24% of the stock is currently owned by corporate insiders.
Analyst Upgrades and Downgrades
Several research analysts have issued reports on MU shares. Raymond James Financial raised their price objective on shares of Micron Technology from $1,100.00 to $1,500.00 and gave the stock an “outperform” rating in a research report on Thursday, June 25th. JPMorgan Chase & Co. upped their target price on shares of Micron Technology from $350.00 to $550.00 and gave the company an “overweight” rating in a report on Thursday, March 19th. Wedbush increased their target price on shares of Micron Technology from $1,300.00 to $1,400.00 and gave the stock an “outperform” rating in a research note on Thursday, June 25th. Weiss Ratings reissued a “buy (b)” rating on shares of Micron Technology in a report on Tuesday, May 12th. Finally, Summit Insights cut Micron Technology from a “buy” rating to a “hold” rating in a research report on Thursday, March 19th. Five investment analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Micron Technology currently has a consensus rating of “Buy” and a consensus target price of $1,268.93.
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.
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