Camden National Bank Sells 752 Shares of Micron Technology, Inc. $MU

Camden National Bank decreased its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 26.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,143 shares of the semiconductor manufacturer’s stock after selling 752 shares during the period. Camden National Bank’s holdings in Micron Technology were worth $612,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. High Note Wealth LLC increased its position in shares of Micron Technology by 65.4% during the fourth quarter. High Note Wealth LLC now owns 86 shares of the semiconductor manufacturer’s stock worth $25,000 after acquiring an additional 34 shares in the last quarter. Elevation Wealth Partners LLC increased its position in shares of Micron Technology by 295.8% during 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 in the last quarter. Steigerwald Gordon & Koch Inc. increased its position in shares of Micron Technology by 4,800.0% during 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 in the last quarter. Joseph Group Capital Management bought a new stake in shares of Micron Technology during the fourth quarter worth $31,000. Finally, Luken Investment Analytics LLC bought a new stake in shares of Micron Technology during the fourth quarter worth $31,000. Institutional investors own 80.84% of the company’s stock.

Micron Technology Stock Performance

NASDAQ MU opened at $1,035.50 on Tuesday. The firm has a 50-day moving average of $569.31 and a 200-day moving average of $418.02. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.32 and a current ratio of 2.90. The stock has a market cap of $1.17 trillion, a PE ratio of 48.89 and a beta of 2.15. Micron Technology, Inc. has a 52-week low of $94.40 and a 52-week high of $1,046.97.

Micron Technology (NASDAQ:MU) last posted its earnings results on Wednesday, March 18th. The semiconductor manufacturer reported $12.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $9.19 by $3.01. The company had revenue of $23.86 billion during the quarter, compared to analysts’ expectations of $19.97 billion. Micron Technology had a net margin of 41.49% and a return on equity of 41.16%. Micron Technology’s quarterly revenue was up 196 compared to the same quarter last year. During the same quarter last year, the company posted $1.56 EPS. On average, sell-side analysts anticipate that Micron Technology, Inc. will post 58.62 EPS for the current year.

Micron Technology Increases Dividend

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

Insider Buying and Selling at Micron Technology

In other news, Director Steven J. Gomo sold 2,000 shares of Micron Technology stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $787.03, for a total value of $1,574,060.00. Following the completion of the sale, the director directly owned 17,139 shares in the company, valued at approximately $13,488,907.17. The trade was a 10.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible 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 transaction of $13,895,600.00. Following the completion of the sale, the executive vice president owned 125,737 shares of the company’s stock, valued at approximately $43,679,776.43. The trade was a 24.13% decrease in their ownership of the stock. 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 106,000 shares of company stock worth $47,032,460 over the last quarter. Company insiders own 0.24% of the company’s stock.

Micron Technology News Roundup

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

• Positive Sentiment: Micron unveiled its AI-optimized memory and storage portfolio at COMPUTEX 2026, highlighting products such as HBM4, 256GB SOCAMM2, high-capacity DDR5 RDIMMs, and advanced SSDs that are designed to boost AI inference, bandwidth, and power efficiency. Micron Technology Showcases AI-Optimized Memory and Storage Solutions at COMPUTEX 2026
• Positive Sentiment: Raymond James raised its price target on Micron to $1,100 from $530 and reiterated an outperform rating, adding to a wave of upbeat Wall Street commentary on the stock. Micron Technology had its price target raised by Raymond James Financial, Inc.
• Positive Sentiment: Multiple articles pointed to Micron as a key beneficiary of the AI memory shortage and broader semiconductor rally, with memory and storage names extending a “parabolic” run as demand outstrips supply. 2 AI Memory Stocks Outperforming NVIDIA With Big Upside Ahead
• Positive Sentiment: More coverage said Micron is one of the latest $1 trillion market-cap names, underscoring investor enthusiasm for its AI-driven growth story and the bullish momentum in the memory chip sector. Are the 3 Newest Members of the $1 Trillion Market Cap Club the Latest Sign of an AI Bubble?

Wall Street Analyst Weigh In

MU has been the subject of several research reports. Bank of America increased their price objective on shares of Micron Technology from $400.00 to $500.00 and gave the stock a “buy” rating in a research report on Thursday, March 19th. Citigroup increased their target price on shares of Micron Technology from $425.00 to $840.00 and gave the stock a “buy” rating in a report on Tuesday, May 19th. KeyCorp increased their target price on shares of Micron Technology from $450.00 to $600.00 and gave the stock an “overweight” rating in a report on Thursday, March 19th. Summit Insights cut shares of Micron Technology from a “buy” rating to a “hold” rating in a report on Thursday, March 19th. Finally, Wedbush increased their target price on shares of Micron Technology from $320.00 to $500.00 and gave the stock an “outperform” rating in a report on Friday, March 13th. Five equities research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $621.97.

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.