LOM Asset Management Ltd Purchases 1,661 Shares of Micron Technology, Inc. $MU

LOM Asset Management Ltd raised its position in shares of Micron Technology, Inc. (NASDAQ:MU) by 15.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 12,273 shares of the semiconductor manufacturer’s stock after purchasing an additional 1,661 shares during the period. Micron Technology accounts for approximately 1.0% of LOM Asset Management Ltd’s portfolio, making the stock its 25th largest holding. LOM Asset Management Ltd’s holdings in Micron Technology were worth $3,503,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Elevation Wealth Partners LLC boosted its holdings in shares of 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 acquiring an additional 71 shares during the period. Steigerwald Gordon & Koch Inc. boosted its holdings in shares of Micron Technology by 4,800.0% in the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 98 shares of the semiconductor manufacturer’s stock worth $28,000 after acquiring an additional 96 shares during the period. Noble Wealth Management PBC bought a new position in shares of Micron Technology in the fourth quarter worth $40,000. REAP Financial Group LLC bought a new position in shares of Micron Technology in the third quarter worth $25,000. Finally, Barnes Dennig Private Wealth Management LLC bought a new position in shares of Micron Technology in the third quarter worth $27,000. 80.84% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

MU has been the topic of a number of recent analyst reports. Erste Group Bank downgraded Micron Technology from a “buy” rating to a “hold” rating in a research report on Thursday, April 2nd. Cantor Fitzgerald increased their price objective on Micron Technology from $450.00 to $700.00 and gave the stock an “overweight” rating in a research report on Thursday, March 19th. Raymond James Financial increased their price objective on Micron Technology from $190.00 to $310.00 and gave the stock an “outperform” rating in a research report on Thursday, December 18th. UBS Group increased their price objective on Micron Technology from $510.00 to $535.00 and gave the stock a “buy” rating in a research report on Wednesday, April 8th. Finally, William Blair initiated coverage on Micron Technology in a research report on Thursday, January 22nd. They issued an “outperform” rating on the stock. Five research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $464.61.

Micron Technology News Summary

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

• Positive Sentiment: Analysts raised intrinsic-value views and price targets after fresh research on AI memory demand; one update lifted fair value from ~$425 to ~$526, supporting higher expectations for MU. Why The Micron Technology (MU) Investment Story Is Shifting With AI Memory And Valuation Rethinks
• Positive Sentiment: Major firms (KeyBanc, Mizuho and others) reiterated Overweight/buy calls and high targets (some as high as $600); KeyBanc flagged ~40% upside into earnings — a catalyst that likely helped buying today. Micron Stock Is on a Tear. How It Could Soar Another 40%.
• Positive Sentiment: ETF and flows: a new DRAM‑focused ETF makes it easier for investors to buy the AI‑memory trade, likely increasing capital flows into MU and peers. This New ETF Aims to Capitalize on Surging AI Memory Chip Demand (MU)
• Positive Sentiment: Product/partner validation: Nvidia/Cadence design tools and other AI design initiatives are being adopted by major customers including Micron — a signal MU’s products fit AI customers’ roadmaps. Nvidia And Cadence Deepen AI Chip Design Ties As Investors Weigh Upside
• Neutral Sentiment: Sector rotation: broader semiconductor rotation (e.g., Intel’s rally) is pulling ETF/active money into chip names, which supports MU but may also reflect momentum chasing rather than company‑specific fundamentals. AI themes ‘still in the driver’s seat’ as cheap stocks see gains
• Neutral Sentiment: Relative comparisons: analysts note MU’s AI‑HBM momentum gives it an edge vs some peers (e.g., SIMO), which can sustain premium multiples if execution continues. SIMO vs. MU: Which Semiconductor Stock is the Better Buy Now?
• Negative Sentiment: Valuation and profit‑taking concerns: several commentary pieces warn MU may already price in a lot of optimism — some investors say they won’t buy above ~$420 and note P/E metrics can be misleading in cyclicals. The Reason Why I’m Not Buying Micron Stock at Over $420
• Negative Sentiment: Customer margin/demand risk: a Best Buy downgrade flagged that rising memory costs could pressure PC retailers and end‑demand — a reminder memory is cyclical and higher prices can impair volume. Micron Stock Could Gain Another 40%, Analyst Says. Watch This Catalyst.
• Negative Sentiment: Insider selling: summaries show extensive insider sales over recent months, which some investors view as a cautionary sign despite a few insider buys. Micron Technology Stock (MU) Opinions on Analyst Overweight Reiterates

Micron Technology Trading Up 1.4%

NASDAQ MU opened at $426.32 on Tuesday. The stock’s 50-day simple moving average is $401.26 and its two-hundred day simple moving average is $311.11. Micron Technology, Inc. has a twelve month low of $65.64 and a twelve month high of $471.34. The company has a quick ratio of 2.32, a current ratio of 2.90 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $480.77 billion, a price-to-earnings ratio of 20.13 and a beta of 1.60.

Micron Technology Increases Dividend

The company 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 dividend of $0.15 per share. 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 0.1%. Micron Technology’s dividend payout ratio (DPR) is 2.83%.

Insider Transactions at Micron Technology

In other Micron Technology news, EVP Manish H. Bhatia sold 26,623 shares of the firm’s stock in a transaction dated Thursday, January 22nd. The stock was sold at an average price of $391.04, for a total transaction of $10,410,657.92. Following the sale, the executive vice president owned 323,486 shares in the company, valued at $126,495,965.44. This trade represents a 7.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP April S. Arnzen sold 40,000 shares of the firm’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $347.39, for a total value of $13,895,600.00. Following the sale, the executive vice president owned 125,737 shares in the company, valued at $43,679,776.43. The trade was a 24.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 91,623 shares of company stock worth $35,053,508. Company insiders own 0.24% of the company’s stock.

About Micron Technology

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.