Micron Technology, Inc. $MU Shares Sold by Zhang Financial LLC

Zhang Financial LLC trimmed its position in Micron Technology, Inc. (NASDAQ:MU) by 8.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 33,892 shares of the semiconductor manufacturer’s stock after selling 3,069 shares during the quarter. Zhang Financial LLC’s holdings in Micron Technology were worth $9,673,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. High Note Wealth LLC boosted its holdings in Micron Technology by 65.4% in the 4th quarter. High Note Wealth LLC now owns 86 shares of the semiconductor manufacturer’s stock valued at $25,000 after purchasing an additional 34 shares during the last quarter. Elevation Wealth Partners LLC boosted its holdings in 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 purchasing an additional 71 shares during the last quarter. Steigerwald Gordon & Koch Inc. boosted its holdings 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. Joseph Group Capital Management acquired a new position in Micron Technology in the 4th quarter valued at about $31,000. Finally, Luken Investment Analytics LLC acquired a new position in Micron Technology in the 4th quarter valued at about $31,000. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have recently issued reports on MU. Morgan Stanley boosted their price target on shares of Micron Technology from $350.00 to $450.00 and gave the company an “overweight” rating in a research note on Wednesday, February 11th. Wedbush boosted their price target on shares of Micron Technology from $320.00 to $500.00 and gave the company an “outperform” rating in a research note on Friday, March 13th. Citigroup boosted their price target on shares of Micron Technology from $425.00 to $840.00 and gave the company a “buy” rating in a research note on Tuesday, May 19th. TD Cowen boosted their price target on shares of Micron Technology from $550.00 to $660.00 and gave the company a “buy” rating in a research note on Tuesday, April 28th. Finally, KeyCorp boosted their price target on shares of Micron Technology from $450.00 to $600.00 and gave the company an “overweight” rating in a research note on Thursday, March 19th. Five investment 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. Based on data from MarketBeat, Micron Technology presently has an average rating of “Buy” and an average target price of $554.80.

Insider Activity

In other Micron Technology news, Director Steven J. Gomo sold 2,000 shares of the stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $787.03, for a total value of $1,574,060.00. Following the sale, the director directly owned 17,139 shares of the company’s stock, valued at approximately $13,488,907.17. This represents a 10.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, EVP April S. Arnzen sold 40,000 shares of the stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $347.39, for a total transaction of $13,895,600.00. Following the completion of the sale, the executive vice president directly owned 125,737 shares in the company, valued at approximately $43,679,776.43. This represents a 24.13% decrease in their ownership of the stock. 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 90 days, insiders sold 106,000 shares of company stock valued at $47,032,460. 0.24% of the stock is currently owned by company insiders.

Micron Technology Stock Down 0.5%

Shares of NASDAQ MU opened at $923.52 on Friday. Micron Technology, Inc. has a 12-month low of $92.22 and a 12-month high of $956.16. The business’s fifty day simple moving average is $547.31 and its 200-day simple moving average is $407.37. 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 stock has a market cap of $1.04 trillion, a P/E ratio of 43.60 and a beta of 1.91.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings data on Wednesday, March 18th. The semiconductor manufacturer reported $12.20 EPS for the quarter, beating analysts’ consensus estimates of $9.19 by $3.01. Micron Technology had a net margin of 41.49% and a return on equity of 41.16%. The company had revenue of $23.86 billion for the quarter, compared to the consensus estimate of $19.97 billion. During the same period in the prior year, the firm posted $1.56 EPS. The company’s quarterly revenue was up 196 compared to the same quarter last year. As a group, equities analysts predict that Micron Technology, Inc. will post 57.82 EPS for the current fiscal year.

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 of this dividend was Monday, March 30th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. This is a boost from Micron Technology’s previous quarterly dividend of $0.12. Micron Technology’s payout ratio is currently 2.83%.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: UBS sharply raised its price target on Micron to $1,625 from $535, while Barclays also boosted its target, reinforcing the view that AI-driven memory demand could support much higher earnings and valuation multiples. Micron Technology had its price target raised by UBS Group AG from $535.00 to $1,625.00.
• Positive Sentiment: Several reports highlighted Micron’s record earnings strength, with soaring revenue, expanding gross margins, and management guidance that suggests AI memory shortages are still supporting strong pricing power. Will Micron’s Gross Margin Expand Further With Higher Memory Pricing?
• Positive Sentiment: Multiple hedge funds and prominent investors reportedly increased their Micron stakes, a sign that institutional sentiment remains constructive despite the stock’s huge run-up. Bridgewater’s Ray Dalio Boosts Micron Stake by 586,064 Shares
• Neutral Sentiment: Micron announced that it will report fiscal third-quarter results on June 24, keeping attention on the next earnings update but not changing fundamentals by itself. Micron Technology to Report Fiscal Third Quarter Results on June 24, 2026
• Neutral Sentiment: Some articles warned the rally may be getting crowded or overextended after the trillion-dollar surge, with debate over whether valuations have outrun longer-term cycle risks. Micron: Beware Of Trillion-Dollar Trap, HBM4E Cannibalization, And Depreciation Cliff (Rating Downgrade)
• Negative Sentiment: Samsung’s new AI memory chip adds to competitive pressure, reminding investors that Micron still faces powerful rivals such as Samsung and SK Hynix in a fast-moving memory market. Samsung Ramps Up Micron Rivalry With Groundbreaking Memory Chip for AI

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.