Primoris Wealth Advisors LLC Takes $2.67 Million Position in Micron Technology, Inc. $MU

Primoris Wealth Advisors LLC purchased a new stake in shares of Micron Technology, Inc. (NASDAQ:MU) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 15,953 shares of the semiconductor manufacturer’s stock, valued at approximately $2,669,000. Micron Technology accounts for about 1.7% of Primoris Wealth Advisors LLC’s holdings, making the stock its 19th largest position.

Several other hedge funds have also recently bought and sold shares of MU. Barnes Dennig Private Wealth Management LLC acquired a new position in shares of Micron Technology in the 3rd quarter valued at about $27,000. First Command Advisory Services Inc. grew its position in Micron Technology by 225.0% during the second 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 in the last quarter. Howard Hughes Medical Institute acquired a new position in Micron Technology in the 2nd quarter valued at approximately $30,000. AlphaQuest LLC increased its stake in Micron Technology by 13,250.0% in the 2nd 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 lifted its position in Micron Technology by 4,500.0% in the 2nd 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. 80.84% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Micron Technology

In other news, CFO Mark J. Murphy sold 126,000 shares of Micron Technology stock in a transaction dated Thursday, October 30th. The stock was sold at an average price of $225.31, for a total value of $28,389,060.00. Following the transaction, the chief financial officer directly owned 219,693 shares in the company, valued at approximately $49,499,029.83. The trade was a 36.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Scott R. Allen sold 8,800 shares of the business’s stock in a transaction dated Monday, October 20th. The stock was sold at an average price of $210.02, for a total value of $1,848,176.00. Following the transaction, the chief accounting officer directly owned 40,237 shares of the company’s stock, valued at $8,450,574.74. This represents a 17.95% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 318,800 shares of company stock worth $72,333,387. Corporate insiders own 0.24% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently commented on MU. HSBC began coverage on shares of Micron Technology in a report on Tuesday, December 9th. They set a “buy” rating and a $330.00 price target on the stock. Stifel Nicolaus lifted their price objective on Micron Technology from $195.00 to $300.00 and gave the company a “buy” rating in a research report on Friday, December 12th. UBS Group upped their target price on Micron Technology from $300.00 to $400.00 and gave the stock a “buy” rating in a research report on Wednesday, January 7th. TD Cowen lifted their price target on Micron Technology from $275.00 to $300.00 and gave the company a “buy” rating in a report on Thursday, December 18th. Finally, Rosenblatt Securities reissued a “buy” rating and issued a $300.00 price target on shares of Micron Technology in a research note on Monday, December 15th. Five investment analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, Micron Technology presently has a consensus rating of “Buy” and a consensus target price of $298.90.

Key Micron Technology News

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

• Positive Sentiment: Mizuho raised its price target to $390, citing a strong 2026 AI memory outlook — a high-profile analyst boost that likely supports further buying interest. Mizuho hikes MU PT to $390
• Positive Sentiment: Zacks added MU to its Rank #1 (Strong Buy) growth stocks list, reinforcing buy-side analyst momentum and helping justify elevated multiples. Zacks Rank #1
• Positive Sentiment: Financial media and retail-focused pieces (The Motley Fool, Yahoo/InsiderMonkey) are highlighting Micron as a core AI-memory/AI-infrastructure play and noting its strong multi-year gains, which attracts momentum buyers. Fool: Top growth stocks Yahoo: Cramer on Micron
• Neutral Sentiment: Long-term performance write-ups (e.g., “If you’d invested $100…”) and features on Micron’s AI-driven demand are reinforcing the bullish narrative but are background context rather than immediate catalysts. Fool retrospective
• Negative Sentiment: A Seeking Alpha contributor says they are taking profits after a rapid rerating and issued a rating downgrade — signals that some investors are locking gains and may cap upside in the near term. SA: Taking profits / downgrade
• Negative Sentiment: Short interest rose meaningfully in late December to ~29.9M shares (about 2.7% of float) with a ~1.0 days-to-cover — higher shorting can add downside pressure or increase volatility on any negative news. (Data reported Jan. 12)
• Negative Sentiment: Reports flagging insider selling as the stock approaches highs introduce a cautionary signal for some investors monitoring insider behavior. Sohu: Insider selling trends

Micron Technology Stock Performance

MU opened at $345.87 on Tuesday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.78 and a current ratio of 2.46. The company has a market cap of $389.28 billion, a PE ratio of 32.88, a price-to-earnings-growth ratio of 0.22 and a beta of 1.50. The stock has a 50-day moving average of $259.11 and a 200-day moving average of $186.59. Micron Technology, Inc. has a 52-week low of $61.54 and a 52-week high of $348.47.

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

Micron Technology Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 14th. Investors 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 dividend yield of 0.1%. The ex-dividend date of this dividend is Monday, December 29th. Micron Technology’s dividend payout ratio is currently 4.37%.

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.