Myriad Asset Management US LP Cuts Stake in Micron Technology, Inc. $MU

Myriad Asset Management US LP cut its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 72.0% in the 4th quarter, Holdings Channel.com reports. The fund owned 1,757 shares of the semiconductor manufacturer’s stock after selling 4,519 shares during the period. Myriad Asset Management US LP’s holdings in Micron Technology were worth $501,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. REAP Financial Group LLC purchased a new stake in Micron Technology during the 3rd quarter valued at about $25,000. Barnes Dennig Private Wealth Management LLC purchased a new position in Micron Technology in the third quarter worth about $27,000. Elevation Wealth Partners LLC raised its holdings in Micron Technology by 295.8% in the fourth quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer’s stock worth $27,000 after buying an additional 71 shares during the last quarter. Howard Hughes Medical Institute bought a new position in shares of Micron Technology in the second quarter worth approximately $30,000. Finally, Cullen Frost Bankers Inc. lifted its stake in shares of Micron Technology by 79.3% in the third quarter. Cullen Frost Bankers Inc. now owns 199 shares of the semiconductor manufacturer’s stock worth $33,000 after buying an additional 88 shares in the last quarter. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Micron Technology Stock Performance

Shares of NASDAQ MU opened at $366.24 on Friday. The firm has a 50 day moving average of $403.11 and a 200 day moving average of $299.91. 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 firm has a market capitalization of $413.02 billion, a price-to-earnings ratio of 17.29 and a beta of 1.60. Micron Technology, Inc. has a 12-month low of $61.54 and a 12-month high of $471.34.

Micron Technology Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Monday, March 30th will be given a $0.15 dividend. The ex-dividend date is Monday, March 30th. This is a positive change from Micron Technology’s previous quarterly dividend of $0.12. This represents a $0.60 dividend on an annualized basis and a yield of 0.2%. Micron Technology’s dividend payout ratio (DPR) is currently 2.83%.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the stock. Barclays raised their price target on shares of Micron Technology from $450.00 to $675.00 and gave the company an “overweight” rating in a research report on Thursday, March 19th. William Blair began coverage on Micron Technology in a research report on Thursday, January 22nd. They issued an “outperform” rating on the stock. The Goldman Sachs Group lifted their target price on Micron Technology from $360.00 to $400.00 and gave the stock a “neutral” rating in a report on Thursday, March 19th. TD Cowen boosted their price target on Micron Technology from $450.00 to $500.00 and gave the stock a “buy” rating in a research note on Monday, March 16th. Finally, Stifel Nicolaus upped their price target on Micron Technology from $360.00 to $550.00 and gave the company a “buy” rating in a report on Monday, March 2nd. Five research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $463.71.

Insider Activity at Micron Technology

In related news, Director Teyin M. Liu acquired 7,820 shares of Micron Technology stock in a transaction dated Wednesday, January 14th. The shares were purchased at an average price of $337.50 per share, for a total transaction of $2,639,250.00. Following the completion of the transaction, the director directly owned 25,910 shares in the company, valued at approximately $8,744,625. This represents a 43.23% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP April S. Arnzen sold 40,000 shares of the business’s stock in a transaction on Wednesday, April 1st. The stock was 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 owned 125,737 shares in the company, valued at approximately $43,679,776.43. The trade was 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 90 days, insiders have purchased 23,200 shares of company stock worth $7,821,723 and have sold 93,623 shares worth $35,728,508. 0.24% of the stock is currently owned by insiders.

Trending Headlines about Micron Technology

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

• Positive Sentiment: Micron is ramping production to supply NVIDIA’s next‑gen Vera Rubin systems, directly tying MU to near‑term AI server demand and potential revenue upside. Micron Technology (MU) Ramping Up Production For NVDA’s Next-Gen Vera Rubin Systems
• Positive Sentiment: Rosenblatt and other analysts remain bullish (consensus price targets materially above current levels), supporting upside expectations if AI demand sustains. Rosenblatt Bullish on Micron Technology (MU) Amid Strong Revenue Growth
• Positive Sentiment: Market commentators and some strategists are pitching MU as a “buy the pullback” AI‑storage play, arguing the recent drop is fear‑driven rather than fundamentals‑driven. Micron Stock and Sandisk Retreat. Why This Wall Street Firm Says to Buy the Pullback.
• Positive Sentiment: Top analysts have highlighted multi‑year AI upside for MU, and high‑profile investors adding exposure has supported confidence in the sector’s growth runway. Top Analyst Calls Micron Stock (MU) a “Top Pick,” Sees Multi-Year AI Upside
• Neutral Sentiment: Longer‑term speculative pieces debate whether MU can reach trillion‑dollar scale by 2030; useful for context but not immediate catalysts. Will Micron Be a Trillion-Dollar Company By 2030?
• Neutral Sentiment: Valuation narratives: some bullish pieces call MU “cheap” on multiples but warn the company must prove structural tailwinds vs. cyclical memory cycles. Prediction: This Memory Supercycle Growth Stock Could 3X by 2030
• Negative Sentiment: Citi cut its price target citing DDR5 DRAM softness and risk from Google’s TurboQuant memory‑compression tech; that note triggered a notable pullback. Micron Drops 6% After Citi’s Price Target Cut: 3 Reasons Bears and Bulls Are Both Right
• Negative Sentiment: Coverage changes: Erste downgraded MU from buy to hold, adding near‑term analyst caution that can weigh on sentiment. Finviz
• Negative Sentiment: Tech‑sector headwinds (e.g., commodity/oil moves and broader market rotations) have pressured chip names, creating volatility risk for MU despite solid fundamentals. Oil Surge Shakes Markets As Tech Slips

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.