WBI Investments LLC Makes New $763,000 Investment in Micron Technology, Inc. $MU

WBI Investments LLC purchased a new position in Micron Technology, Inc. (NASDAQ:MU) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 4,558 shares of the semiconductor manufacturer’s stock, valued at approximately $763,000.

Other large investors also recently modified their holdings of the company. Brighton Jones LLC grew its holdings in Micron Technology by 18.3% during the 4th quarter. Brighton Jones LLC now owns 6,318 shares of the semiconductor manufacturer’s stock worth $532,000 after acquiring an additional 976 shares during the period. Sivia Capital Partners LLC boosted its position in shares of Micron Technology by 21.7% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,528 shares of the semiconductor manufacturer’s stock valued at $435,000 after purchasing an additional 628 shares in the last quarter. United Bank acquired a new stake in Micron Technology during the second quarter worth approximately $236,000. Schnieders Capital Management LLC. lifted its stake in Micron Technology by 67.9% in the second quarter. Schnieders Capital Management LLC. now owns 16,984 shares of the semiconductor manufacturer’s stock valued at $2,093,000 after buying an additional 6,867 shares during the period. Finally, Kingsview Wealth Management LLC boosted its holdings in shares of Micron Technology by 12.5% during the 2nd quarter. Kingsview Wealth Management LLC now owns 5,964 shares of the semiconductor manufacturer’s stock worth $735,000 after buying an additional 661 shares in the last quarter. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

MU has been the topic of a number of research reports. UBS Group boosted their target price on shares of Micron Technology to $475.00 and gave the company a “buy” rating in a research report on Monday, March 2nd. The Goldman Sachs Group reiterated a “neutral” rating and set a $360.00 price objective on shares of Micron Technology in a report on Monday, March 2nd. Mizuho increased their price objective on shares of Micron Technology from $390.00 to $480.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 27th. Bank of America raised their target price on Micron Technology from $300.00 to $400.00 and gave the company a “buy” rating in a research note on Tuesday, January 13th. Finally, Susquehanna upped their price target on Micron Technology from $345.00 to $525.00 and gave the stock a “positive” rating in a research note on Monday, March 9th. Six equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, Micron Technology has a consensus rating of “Buy” and a consensus price target of $400.79.

Insiders Place Their Bets

In other news, EVP April S. Arnzen sold 15,000 shares of the company’s stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $277.09, for a total value of $4,156,350.00. Following the completion of the transaction, the executive vice president directly owned 165,618 shares of the company’s stock, valued at $45,891,091.62. This represents a 8.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CAO Scott R. Allen sold 2,000 shares of the stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $337.50, for a total value of $675,000.00. Following the sale, the chief accounting officer directly owned 38,237 shares of the company’s stock, valued at $12,904,987.50. The trade was a 4.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders purchased 23,200 shares of company stock worth $7,821,723 and sold 73,623 shares worth $27,307,408. 0.24% of the stock is currently owned by company insiders.

Micron Technology Trading Up 0.0%

Shares of Micron Technology stock opened at $461.73 on Thursday. The company has a market capitalization of $519.68 billion, a P/E ratio of 43.89 and a beta of 1.50. The stock has a fifty day simple moving average of $398.74 and a 200 day simple moving average of $279.79. Micron Technology, Inc. has a 12-month low of $61.54 and a 12-month high of $471.34. The company has a current ratio of 2.46, a quick ratio of 1.78 and a debt-to-equity ratio of 0.19.

Micron Technology (NASDAQ:MU) last issued its quarterly earnings data on Wednesday, March 18th. The semiconductor manufacturer reported $12.20 earnings per share for the quarter, beating the consensus estimate of $8.50 by $3.70. Micron Technology had a return on equity of 22.71% and a net margin of 28.15%.The business had revenue of $23.86 billion for the quarter, compared to analysts’ expectations of $18.90 billion. During the same period last year, the business earned $1.56 EPS. The business’s revenue was up 196.3% on a year-over-year basis. On average, sell-side analysts anticipate that Micron Technology, Inc. will post 6.08 earnings per share for the current fiscal year.

Micron Technology Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Monday, March 30th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.1%. This is a boost from Micron Technology’s previous quarterly dividend of $0.12. The ex-dividend date is Monday, March 30th. Micron Technology’s dividend payout ratio is presently 4.37%.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: Q2 results and upside guidance — Micron reported record fiscal Q2 revenue of ~$23.9B and EPS ~ $12.20, and issued extraordinary Q3 guidance (management indicated ~ $33.5B revenue and very strong gross margins), confirming robust AI-driven demand. Wall Street Breakfast Podcast: Micron Tops, Shares Fall
• Positive Sentiment: Analyst bullishness and price-target lifts — Multiple shops hiked forecasts (Bernstein raised its PT substantially; William Blair reaffirmed/maintained a Buy), supporting a higher consensus valuation on sustained AI memory pricing power. Micron Technology: Buy Rating on Surging Demand, Pricing Power, and Strong Multi‑Year Growth Outlook
• Positive Sentiment: Dividend increase — Micron raised its quarterly payout ~30% to $0.15, signaling confidence in cash generation and returning capital to shareholders (ex-dividend March 30).
• Neutral Sentiment: Product and capacity ramp — Micron said HBM4 and PCIe Gen6 SSDs are in production and it expanded advanced DRAM capacity (positive long-term, but timing and yield ramps matter). Micron’s New HBM4 And PCIe Gen6 SSDs Test Lofty AI Valuation
• Negative Sentiment: Heavier capex guidance spooks investors — management signaled “meaningfully” higher spending to meet AI demand; markets marked the stock down as higher capex raises near-term dilution of free cash flow and execution risk. Micron shares slip as hefty spending plans eclipse strong AI-fueled earnings
• Negative Sentiment: Operational/power and geopolitical risks — commentary and market notes flagged potential supply growth, data‑center power constraints and even regional energy disruptions (Qatar incident) as reasons the stock trimmed gains despite the beat. Micron stock: why attack on Qatar’s energy facility is bearish for it

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.