Precision Wealth Strategies LLC Takes $1.20 Million Position in Micron Technology, Inc. $MU

Precision Wealth Strategies LLC purchased a new stake in shares of Micron Technology, Inc. (NASDAQ:MU) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 4,188 shares of the semiconductor manufacturer’s stock, valued at approximately $1,195,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. increased its holdings in shares of Micron Technology by 1.9% during the fourth quarter. Vanguard Group Inc. now owns 106,608,094 shares of the semiconductor manufacturer’s stock valued at $30,427,016,000 after acquiring an additional 1,954,644 shares in the last quarter. State Street Corp increased its holdings in shares of Micron Technology by 0.6% during the third quarter. State Street Corp now owns 51,659,173 shares of the semiconductor manufacturer’s stock valued at $8,643,613,000 after acquiring an additional 285,582 shares in the last quarter. Capital International Investors increased its holdings in shares of Micron Technology by 0.7% during the third quarter. Capital International Investors now owns 23,372,821 shares of the semiconductor manufacturer’s stock valued at $3,910,198,000 after acquiring an additional 155,860 shares in the last quarter. Invesco Ltd. boosted its position in shares of Micron Technology by 8.0% during the third quarter. Invesco Ltd. now owns 9,622,166 shares of the semiconductor manufacturer’s stock valued at $1,609,981,000 after buying an additional 708,716 shares during the last quarter. Finally, Legal & General Group Plc boosted its position in shares of Micron Technology by 1.9% during the third quarter. Legal & General Group Plc now owns 7,275,842 shares of the semiconductor manufacturer’s stock valued at $1,217,394,000 after buying an additional 135,850 shares during the last quarter. 80.84% of the stock is currently owned by institutional investors.

Micron Technology Stock Performance

NASDAQ:MU traded down $10.52 on Thursday, hitting $507.94. The stock had a trading volume of 11,682,017 shares, compared to its average volume of 40,080,504. The stock has a market cap of $572.82 billion, a price-to-earnings ratio of 23.98 and a beta of 1.60. 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 business’s 50-day simple moving average is $420.13 and its two-hundred day simple moving average is $335.19. Micron Technology, Inc. has a 52-week low of $77.64 and a 52-week high of $535.50.

Micron Technology Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Monday, March 30th were paid a dividend of $0.15 per share. This is a boost from Micron Technology’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend was Monday, March 30th. This represents a $0.60 annualized dividend and a yield of 0.1%. Micron Technology’s dividend payout ratio is 2.83%.

Insider Activity at Micron Technology

In related news, EVP Sumit Sadana sold 24,000 shares of Micron Technology stock in a transaction that occurred on Friday, April 10th. The stock was sold at an average price of $421.35, for a total transaction of $10,112,400.00. Following the sale, the executive vice president owned 224,021 shares of the company’s stock, valued at approximately $94,391,248.35. This trade represents a 9.68% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP April S. Arnzen sold 40,000 shares of Micron Technology stock in a transaction that occurred on 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 directly owned 125,737 shares in the company, valued at $43,679,776.43. This trade represents 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. Insiders have sold a total of 89,000 shares of company stock worth $34,755,250 in the last three months. 0.24% of the stock is owned by corporate insiders.

Key Stories Impacting Micron Technology

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

• Positive Sentiment: Big, bullish analyst moves are lifting momentum: D.A. Davidson initiated coverage with a Buy and a $1,000 target, arguing Micron can capture outsized AI memory demand. Read More.
• Positive Sentiment: TD Cowen raised its price target to $660 and kept a Buy — another top shop increasing upside expectations, reinforcing buy-side momentum. Read More.
• Positive Sentiment: Fundamental catalyst: reports of strong HBM demand and sellouts for AI data centers support a multi‑year memory supercycle thesis that benefits Micron’s margins and revenue. Read More.
• Positive Sentiment: Sector tailwind — upbeat results/forecasts from storage and semiconductor peers (e.g., Seagate) have lifted investor confidence that enterprise AI spending will sustain memory and storage purchases. Read More.
• Positive Sentiment: Sell‑side earnings/estimate revisions are nudging expectations higher (Erste/others raising FY estimates), adding support to consensus profit forecasts. Read More.
• Neutral Sentiment: Company visibility: Micron will present at the J.P. Morgan Tech conference on May 20 — a potential information catalyst for guidance/strategy but not an earnings event. Read More.
• Neutral Sentiment: Broader analyst interest: MU is being included in AI/tech “high-conviction” lists and ETFs, which can amplify flows but also raise correlation risk with the AI trade. Read More.
• Negative Sentiment: Valuation and rotation risk: several pieces question whether MU’s run already prices in ideal execution — articles warning “too late?” and “mid‑cycle correction” have surfaced, which can trigger profit-taking. Read More.
• Negative Sentiment: Execution and demand-risk headlines: commentary about potential AI capex slowdowns (OpenAI reports) and a “forecast could spell trouble” angle increase tail risk; heavy insider selling noted in data summaries may also weigh on sentiment for some investors. Read More. Read More.

Wall Street Analyst Weigh In

MU has been the topic of several recent analyst reports. DA Davidson initiated coverage on Micron Technology in a research report on Tuesday. They set a “buy” rating on the stock. Melius Research initiated coverage on Micron Technology in a research report on Monday. They set a “buy” rating and a $700.00 price objective on the stock. Erste Group Bank cut Micron Technology from a “buy” rating to a “hold” rating in a research report on Thursday, April 2nd. Sanford C. Bernstein increased their price objective on Micron Technology from $330.00 to $510.00 and gave the company an “outperform” rating in a research report on Wednesday, March 18th. Finally, The Goldman Sachs Group increased their price objective on Micron Technology from $360.00 to $400.00 and gave the company a “neutral” rating in a research report on Thursday, March 19th. Five analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy” and an average target price of $478.24.

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.