Transatlantique Private Wealth LLC Makes New $1.18 Million Investment in Micron Technology, Inc. $MU

Transatlantique Private Wealth LLC acquired a new position in shares of Micron Technology, Inc. (NASDAQ:MU) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 4,133 shares of the semiconductor manufacturer’s stock, valued at approximately $1,180,000.

Several other hedge funds also recently made changes to their positions in the company. Manning & Napier Advisors LLC grew its holdings in shares of Micron Technology by 2.4% during the fourth quarter. Manning & Napier Advisors LLC now owns 1,030 shares of the semiconductor manufacturer’s stock worth $301,000 after purchasing an additional 24 shares during the last quarter. Round Rock Advisors LLC boosted its holdings in shares of Micron Technology by 0.6% in the fourth quarter. Round Rock Advisors LLC now owns 4,333 shares of the semiconductor manufacturer’s stock valued at $1,237,000 after acquiring an additional 25 shares during the period. Arlington Trust Co LLC boosted its holdings in shares of Micron Technology by 26.3% in the fourth quarter. Arlington Trust Co LLC now owns 120 shares of the semiconductor manufacturer’s stock valued at $34,000 after acquiring an additional 25 shares during the period. Manuka Financial LLC boosted its holdings in shares of Micron Technology by 2.3% in the fourth quarter. Manuka Financial LLC now owns 1,243 shares of the semiconductor manufacturer’s stock valued at $355,000 after acquiring an additional 28 shares during the period. Finally, Valued Wealth Advisors LLC boosted its holdings in shares of Micron Technology by 20.9% in the fourth quarter. Valued Wealth Advisors LLC now owns 168 shares of the semiconductor manufacturer’s stock valued at $48,000 after acquiring an additional 29 shares during the period. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Micron Technology Stock Performance

NASDAQ MU opened at $1,079.57 on Thursday. The company has a quick ratio of 2.32, a current ratio of 2.90 and a debt-to-equity ratio of 0.13. Micron Technology, Inc. has a 52-week low of $101.70 and a 52-week high of $1,089.29. The business’s 50-day moving average price is $595.64 and its 200 day moving average price is $429.72. The firm has a market cap of $1.22 trillion, a P/E ratio of 50.97 and a beta of 2.16.

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. The firm had revenue of $23.86 billion during the quarter, compared to the consensus estimate of $19.97 billion. Micron Technology had a net margin of 41.49% and a return on equity of 41.16%. The firm’s revenue was up 196 compared to the same quarter last year. During the same quarter last year, the firm earned $1.56 earnings per share. On average, equities research analysts expect that Micron Technology, Inc. will post 58.62 earnings per share for the current year.

Micron Technology Increases Dividend

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

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Bank of America increased their price objective on Micron Technology from $400.00 to $500.00 and gave the company a “buy” rating in a report on Thursday, March 19th. Raymond James Financial increased their price objective on Micron Technology from $530.00 to $1,100.00 and gave the company an “outperform” rating in a report on Monday. Stifel Nicolaus increased their price objective on Micron Technology from $360.00 to $550.00 and gave the company a “buy” rating in a report on Monday, March 2nd. Cantor Fitzgerald raised their price target on Micron Technology from $450.00 to $700.00 and gave the stock an “overweight” rating in a report on Thursday, March 19th. Finally, Mizuho raised their price target on Micron Technology to $800.00 and gave the stock an “outperform” rating in a report on Tuesday, May 19th. Five equities research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $641.97.

Insider Activity

In related news, CEO Sanjay Mehrotra sold 37,439 shares of the firm’s stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $960.38, for a total value of $35,955,666.82. Following the completion of the sale, the chief executive officer owned 387,064 shares in the company, valued at $371,728,524.32. This trade represents a 8.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Steven J. Gomo sold 2,000 shares of the firm’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $787.03, for a total transaction of $1,574,060.00. Following the completion of the sale, the director owned 17,139 shares of the company’s stock, valued at approximately $13,488,907.17. The trade was a 10.45% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 146,000 shares of company stock worth $85,486,715 in the last three months. 0.24% of the stock is currently owned by company insiders.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: Micron hit a new trillion-dollar valuation milestone, reinforcing investor enthusiasm around the company’s role in AI infrastructure and memory chip shortages. How a nudge from Nvidia propelled frugal Micron into the AI boom and a $1 trillion market cap
• Positive Sentiment: Morgan Stanley raised its price target on Micron to $1,050 and kept an Overweight rating, signaling continued Wall Street confidence even after the stock’s huge run. Micron Technology (NASDAQ:MU) Given New $1,050.00 Price Target at Morgan Stanley
• Positive Sentiment: Micron is reportedly locking in long-term AI memory deals tied to multi-year supply commitments, which could improve visibility into future revenue and support pricing power. Micron Locks In Long Term AI Memory Deals As Valuation Stretches
• Positive Sentiment: Analysts continue to argue that the memory shortage is not over, which keeps the bull case alive for Micron and other AI memory leaders. These Experts Say the Memory-Stock Runup May Not Be Over Yet
• Positive Sentiment: Micron’s AI product momentum remains strong, including HBM and other next-gen memory offerings shown at COMPUTEX, suggesting it is well positioned for continued AI-driven demand. Micron Technology (MU) Stock Climbs on HBM4 Launch and AI Memory Innovation at COMPUTEX 2026

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.