Oak Thistle LLC Sells 33,232 Shares of Micron Technology, Inc. $MU

Oak Thistle LLC lessened its holdings in shares of Micron Technology, Inc. (NASDAQ:MU) by 86.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 5,060 shares of the semiconductor manufacturer’s stock after selling 33,232 shares during the quarter. Oak Thistle LLC’s holdings in Micron Technology were worth $1,444,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its stake in Micron Technology by 0.7% during the 3rd quarter. Vanguard Group Inc. now owns 104,653,450 shares of the semiconductor manufacturer’s stock valued at $17,510,615,000 after purchasing an additional 773,788 shares during the period. State Street Corp raised its stake in Micron Technology by 0.6% during the 3rd quarter. State Street Corp now owns 51,659,173 shares of the semiconductor manufacturer’s stock valued at $8,643,613,000 after purchasing an additional 285,582 shares during the period. Capital International Investors raised its stake in Micron Technology by 0.7% during the 3rd quarter. Capital International Investors now owns 23,372,821 shares of the semiconductor manufacturer’s stock valued at $3,910,198,000 after purchasing an additional 155,860 shares during the period. Invesco Ltd. raised its stake in Micron Technology by 8.0% during the 3rd quarter. Invesco Ltd. now owns 9,622,166 shares of the semiconductor manufacturer’s stock valued at $1,609,981,000 after purchasing an additional 708,716 shares during the period. Finally, Legal & General Group Plc raised its stake in Micron Technology by 1.9% during the 3rd quarter. Legal & General Group Plc now owns 7,275,842 shares of the semiconductor manufacturer’s stock valued at $1,217,394,000 after purchasing an additional 135,850 shares during the period. Institutional investors own 80.84% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on MU shares. Erste Group Bank downgraded Micron Technology from a “buy” rating to a “hold” rating in a research note on Thursday, April 2nd. Wolfe Research lifted their target price on Micron Technology from $300.00 to $350.00 and gave the company an “outperform” rating in a research note on Thursday, December 18th. Wedbush lifted their target price on Micron Technology from $320.00 to $500.00 and gave the company an “outperform” rating in a research note on Friday, March 13th. Mizuho lifted their target price on Micron Technology from $480.00 to $530.00 and gave the company an “outperform” rating in a research note on Thursday, March 19th. Finally, Stifel Nicolaus lifted their target price on Micron Technology from $360.00 to $550.00 and gave the company a “buy” rating in a research note on Monday, March 2nd. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, Micron Technology has an average rating of “Buy” and a consensus price target of $464.61.

Micron Technology News Roundup

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

• Positive Sentiment: UBS raised its price target to $535 and kept a Buy rating, implying meaningful upside and reinforcing buy-side momentum. Micron price target boosted by UBS as memory “super-cycle” defies norms
• Positive Sentiment: Sector rally tied to easing Middle East tensions/ceasefire headlines has drawn money back into memory names, supporting Micron’s move higher. Micron Stock Skyrockets on Ceasefire News
• Positive Sentiment: Micron announced a strategic investment and deal with SiMa.ai to deepen its presence in edge/robotics AI applications — expands market opportunities for power-efficient memory solutions. Micron Deepens AI Push With SiMa.ai Deal
• Positive Sentiment: Micron is expanding DRAM capacity in Taiwan (acquiring Powerchip’s P5 site), a strategic step to capture sustained AI-driven memory demand and relieve supply constraints. Micron Expands Taiwan DRAM Footprint To Capture Long Term AI Demand
• Positive Sentiment: Analyst upgrades, upward EPS revisions and heavy institutional accumulation (MarketBeat notes institutions buying aggressively) are validating the rebound thesis. The Bottom Is in for Micron Stock: 3 Signals to Buy Now
• Neutral Sentiment: Multiple media pieces frame Micron as a core AI/memory play (long-term growth case) — useful context but not new catalysts by themselves. 3 Reasons Growth Investors Will Love Micron (MU)
• Neutral Sentiment: High hedge-fund ownership and inclusion in screens (dividend/growth lists) indicates strong institutional interest — supportive but can amplify volatility on flows. Here is Why Micron Technology (MU) Is Among the Most Owned Stocks by Hedge Funds
• Negative Sentiment: Cyclical risk and “crowded” long positioning warnings remain — if memory pricing or AI demand disappoints, Micron could see sharp reversals. Micron Technology: Crowded Bet On A Cyclical High
• Negative Sentiment: Some analysts remain cautious (recent Hold/downgrade activity), reflecting concerns about near-term volatility and the memory cycle’s swings. Micron Technology (MU) Gets Downgraded by Analyst

Insider Transactions at Micron Technology

In related news, EVP April S. Arnzen sold 40,000 shares of the firm’s stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $347.39, for a total value 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 $43,679,776.43. This trade represents a 24.13% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sumit Sadana sold 25,000 shares of the firm’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $429.89, for a total value of $10,747,250.00. Following the completion of the sale, the executive vice president owned 248,021 shares of the company’s stock, valued at approximately $106,621,747.69. This represents a 9.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders acquired 23,200 shares of company stock worth $7,821,723 and sold 91,623 shares worth $35,053,508. 0.24% of the stock is currently owned by insiders.

Micron Technology Stock Performance

NASDAQ:MU opened at $406.73 on Thursday. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.90 and a quick ratio of 2.32. Micron Technology, Inc. has a 1 year low of $63.70 and a 1 year high of $471.34. The stock’s 50 day simple moving average is $401.66 and its two-hundred day simple moving average is $304.60. The company has a market cap of $458.68 billion, a price-to-earnings ratio of 19.20 and a beta of 1.60.

Micron Technology Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Monday, March 30th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend is Monday, March 30th. This is a positive change from Micron Technology’s previous quarterly dividend of $0.12. Micron Technology’s dividend payout ratio is presently 2.83%.

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.