Jessup Wealth Management Inc Increases Holdings in Micron Technology, Inc. $MU

Jessup Wealth Management Inc lifted its position in shares of Micron Technology, Inc. (NASDAQ:MU) by 12.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 21,024 shares of the semiconductor manufacturer’s stock after buying an additional 2,347 shares during the quarter. Micron Technology makes up 1.3% of Jessup Wealth Management Inc’s holdings, making the stock its 22nd largest holding. Jessup Wealth Management Inc’s holdings in Micron Technology were worth $3,518,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. First Command Advisory Services Inc. increased its position in Micron Technology by 225.0% during the 2nd quarter. First Command Advisory Services Inc. now owns 221 shares of the semiconductor manufacturer’s stock valued at $27,000 after purchasing an additional 153 shares during the period. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of Micron Technology in the 3rd quarter worth approximately $27,000. Howard Hughes Medical Institute bought a new position in shares of Micron Technology during the second quarter valued at approximately $30,000. AlphaQuest LLC increased its holdings in Micron Technology by 13,250.0% during the second quarter. AlphaQuest LLC now owns 267 shares of the semiconductor manufacturer’s stock valued at $33,000 after buying an additional 265 shares during the period. Finally, WealthCollab LLC raised its stake in Micron Technology by 4,500.0% in the second quarter. WealthCollab LLC now owns 276 shares of the semiconductor manufacturer’s stock worth $34,000 after buying an additional 270 shares in the last quarter. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Micron Technology Trading Up 5.5%

NASDAQ MU opened at $345.09 on Friday. Micron Technology, Inc. has a 1 year low of $61.54 and a 1 year high of $346.30. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.46 and a quick ratio of 1.78. The company has a market capitalization of $388.40 billion, a PE ratio of 32.80, a P/E/G ratio of 0.21 and a beta of 1.50. The company has a fifty day moving average of $256.89 and a 200 day moving average of $184.24.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share for the quarter, beating the consensus estimate of $3.77 by $1.01. The company had revenue of $13.64 billion during the quarter, compared to analysts’ expectations of $12.62 billion. Micron Technology had a return on equity of 22.71% and a net margin of 28.15%.Micron Technology’s quarterly revenue was up 56.7% on a year-over-year basis. During the same period last year, the business earned $1.79 earnings per share. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. Research analysts forecast that Micron Technology, Inc. will post 6.08 earnings per share for the current year.

Micron Technology Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 14th. Shareholders of record on Monday, December 29th will be issued a dividend of $0.115 per share. This represents a $0.46 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Monday, December 29th. Micron Technology’s dividend payout ratio (DPR) is presently 4.37%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on MU. Cowen reiterated a “buy” rating on shares of Micron Technology in a report on Thursday, December 11th. Summit Insights upgraded Micron Technology to a “strong-buy” rating in a research note on Tuesday, September 23rd. The Goldman Sachs Group increased their price target on shares of Micron Technology from $205.00 to $235.00 and gave the company a “neutral” rating in a research report on Thursday, December 18th. Raymond James Financial lifted their price objective on shares of Micron Technology from $190.00 to $310.00 and gave the stock an “outperform” rating in a research report on Thursday, December 18th. Finally, Piper Sandler boosted their price objective on shares of Micron Technology from $275.00 to $400.00 and gave the stock an “overweight” rating in a research note on Wednesday. Five analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Micron Technology has an average rating of “Buy” and a consensus target price of $295.45.

Trending Headlines about Micron Technology

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

• Positive Sentiment: Several sell‑side firms raised targets (Mizuho to $390; UBS and Piper Sandler to ~$400), citing a sustained AI-driven memory squeeze and upside to ASPs and earnings — a direct catalyst for the rally. UBS Group Boosts Micron Technology (NASDAQ:MU) Price Target to $400.00
• Positive Sentiment: Analysts and trade press point to persistent AI demand (higher memory content, tight supply for HBM/DRAM) that supports pricing power, margin expansion and raised FY26/FY27 EPS estimates. Micron’s Pricing Power Looks Unstoppable As AI Demand Outruns Supply
• Positive Sentiment: Coverage from Forbes, The Motley Fool and others highlights Micron’s shift toward higher‑value AI memory and stronger top‑line momentum after recent results — reinforcing the bullish narrative. Up 3x In 2025, What’s Next For Micron Stock?
• Positive Sentiment: Micron announced a major megafab groundbreaking (New York), signaling longer‑term capacity expansion to monetize the structural memory shortage. Micron Announces Groundbreaking for Historic New York Megafab
• Neutral Sentiment: High‑profile media endorsements and screener momentum (Jim Cramer mentions, Zacks Rank #1 additions) are increasing retail and institutional interest but may already be reflected in the stock’s run. Jim Cramer Reveals Why Micron (MU)’s Shares Performed Well
• Neutral Sentiment: Sector peers (e.g., Samsung) reporting record profitability from rising memory prices reinforce the thematic tailwind for Micron but also remind investors that the industry remains cyclical. Samsung Expects Record Profit as Memory Chip Prices Soar. What It Means for Micron Stock.
• Negative Sentiment: An insider (Micron’s CAO) sold 2,000 shares recently; while small in the context of total holdings, such sales can be highlighted by short‑term traders. SEC Filing: Insider Sale by Scott R. Allen
• Negative Sentiment: After a steep run, the stock has seen profit‑taking and a market pullback; notes about overbought technicals and elevated valuation raise the risk of near‑term volatility despite strong fundamentals. Micron (MU) Stock Drops In Market Pullback, But AI Memory Demand Stays Hot

Insiders Place Their Bets

In related news, CEO Sanjay Mehrotra sold 3,743 shares of the stock in a transaction on Friday, November 7th. The stock was sold at an average price of $233.39, for a total value of $873,578.77. Following the completion of the transaction, the chief executive officer directly owned 396,578 shares of the company’s stock, valued at approximately $92,557,339.42. This represents a 0.93% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Steven J. Gomo sold 5,000 shares of the firm’s stock in a transaction dated Friday, December 19th. The stock was sold at an average price of $263.63, for a total transaction of $1,318,150.00. Following the completion of the transaction, the director directly owned 19,139 shares in the company, valued at approximately $5,045,614.57. This represents a 20.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 318,800 shares of company stock valued at $72,333,387. 0.24% of the stock is owned by company insiders.

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.