New England Capital Financial Advisors LLC Reduces Position in Micron Technology, Inc. $MU

New England Capital Financial Advisors LLC cut its holdings in shares of Micron Technology, Inc. (NASDAQ:MU) by 49.1% in the fourth quarter, HoldingsChannel reports. The firm owned 1,034 shares of the semiconductor manufacturer’s stock after selling 999 shares during the period. New England Capital Financial Advisors LLC’s holdings in Micron Technology were worth $295,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MU. AQR Capital Management LLC lifted its position in Micron Technology by 411.9% during the third quarter. AQR Capital Management LLC now owns 3,627,022 shares of the semiconductor manufacturer’s stock valued at $606,873,000 after purchasing an additional 2,918,535 shares during the period. Vanguard Group Inc. lifted its position in 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 purchasing an additional 1,954,644 shares during the period. California Public Employees Retirement System lifted its position in Micron Technology by 70.2% during the third quarter. California Public Employees Retirement System now owns 3,023,799 shares of the semiconductor manufacturer’s stock valued at $505,942,000 after purchasing an additional 1,246,773 shares during the period. Voloridge Investment Management LLC lifted its position in Micron Technology by 1,064.3% during the third quarter. Voloridge Investment Management LLC now owns 1,304,471 shares of the semiconductor manufacturer’s stock valued at $218,264,000 after purchasing an additional 1,192,433 shares during the period. Finally, Wellington Management Group LLP lifted its position in Micron Technology by 19.9% during the third quarter. Wellington Management Group LLP now owns 7,150,530 shares of the semiconductor manufacturer’s stock valued at $1,196,427,000 after purchasing an additional 1,188,296 shares during the period. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, EVP April S. Arnzen sold 40,000 shares of the company’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $347.39, for a total transaction of $13,895,600.00. Following the completion of the transaction, the executive vice president owned 125,737 shares in the company, valued at $43,679,776.43. This represents a 24.13% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sumit Sadana sold 25,000 shares of the company’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $429.89, for a total transaction of $10,747,250.00. Following the transaction, the executive vice president owned 248,021 shares of the company’s stock, valued at approximately $106,621,747.69. This trade represents a 9.16% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 89,000 shares of company stock valued at $34,755,250. Insiders own 0.24% of the company’s stock.

Wall Street Analyst Weigh In

MU has been the subject of a number of research reports. JPMorgan Chase & Co. boosted their target price on shares of Micron Technology from $350.00 to $550.00 and gave the company an “overweight” rating in a research report on Thursday, March 19th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Micron Technology in a research report on Thursday, January 29th. The Goldman Sachs Group upped their price objective on shares of Micron Technology from $360.00 to $400.00 and gave the stock a “neutral” rating in a research report on Thursday, March 19th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Micron Technology from $500.00 to $550.00 and gave the stock a “buy” rating in a research report on Thursday, March 19th. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $500.00 price objective on shares of Micron Technology in a research report on Monday, March 16th. Five investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, Micron Technology presently has an average rating of “Buy” and an average price target of $478.24.

Micron Technology Stock Down 0.3%

MU opened at $517.16 on Friday. Micron Technology, Inc. has a twelve month low of $77.64 and a twelve month high of $535.50. 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 50-day moving average price of $422.13 and a 200 day moving average price of $336.46. The company has a market cap of $583.22 billion, a PE ratio of 24.42 and a beta of 1.60.

Micron Technology Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Monday, March 30th were given 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 was Monday, March 30th. This represents a $0.60 annualized dividend and a dividend yield of 0.1%. Micron Technology’s payout ratio is currently 2.83%.

Trending Headlines about Micron Technology

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

• Positive Sentiment: Top analyst DA Davidson initiated coverage with an aggressive $1,000 price target, underpinning the recently renewed buy interest in MU and supporting upside expectations. Micron Stock Price Can Double to $1,000, Analyst Says. Here’s How.
• Positive Sentiment: Memory-sector momentum from strong results at peers (notably Seagate) and broad AI infrastructure spending has lifted Micron shares as investors price in higher DRAM/NAND demand for data centers and AI systems. Micron stock jumps 5% as AI boom fuels memory demand optimism
• Positive Sentiment: Meta’s earnings/capex commentary has prompted buyers into AI supply-chain names (including Micron) as investors anticipate sustained enterprise AI capex that benefits memory suppliers. Why smart investors are buying Nvidia and Micron after Meta’s call
• Positive Sentiment: Component shortages and higher memory prices are supporting vendor margins and pricing power; Apple’s strong margins despite shortages is a positive signal for memory suppliers like Micron. Apple Gross Margins Soar Despite Component Shortages
• Neutral Sentiment: Independent coverage and stock-picking write-ups continue to spotlight MU among AI beneficiaries; these pieces increase visibility but don’t guarantee near-term moves. Micron Technology (NASDAQ:MU) Research Coverage Started at Melius Research
• Neutral Sentiment: Micron will present at the J.P. Morgan TMT conference (May 20), giving management a platform to update investors on HBM, capacity plans and margins — an event to watch for guidance or color. Micron Announces Participation in Investor Event
• Neutral Sentiment: Valuation-focused coverage asks whether MU’s rapid run already prices in a best-case AI memory supercycle; these analyses could encourage profit-taking or more measured buying by value-focused funds. Is It Too Late To Consider Micron Technology (MU) After Its Rapid Share Price Surge
• Negative Sentiment: Market strategists warn the semiconductor rally has been sharp and volatility may follow; a broader pullback in the sector could weigh on MU despite long-term tailwinds. The Semiconductor Pop Was Violent — the Pullback Could Be Too

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.