Sequent Asset Management LLC Buys Shares of 754 Micron Technology, Inc. $MU

Sequent Asset Management LLC purchased a new position in Micron Technology, Inc. (NASDAQ:MU) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 754 shares of the semiconductor manufacturer’s stock, valued at approximately $215,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in MU. Brighton Jones LLC grew its position in Micron Technology by 18.3% in the fourth quarter. Brighton Jones LLC now owns 6,318 shares of the semiconductor manufacturer’s stock worth $532,000 after acquiring an additional 976 shares in the last quarter. Sivia Capital Partners LLC raised its position in Micron Technology by 21.7% during the second 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 bought a new stake in Micron Technology during the second quarter worth about $236,000. Schnieders Capital Management LLC. lifted its stake in Micron Technology by 67.9% during the second quarter. Schnieders Capital Management LLC. now owns 16,984 shares of the semiconductor manufacturer’s stock worth $2,093,000 after purchasing an additional 6,867 shares during the last quarter. Finally, Sei Investments Co. boosted its holdings in shares of Micron Technology by 5.6% in the 2nd quarter. Sei Investments Co. now owns 405,545 shares of the semiconductor manufacturer’s stock worth $49,987,000 after purchasing an additional 21,619 shares in the last quarter. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Micron Technology Price Performance

Shares of Micron Technology stock opened at $1,064.10 on Wednesday. The firm has a market cap of $1.20 trillion, a PE ratio of 50.24 and a beta of 2.15. Micron Technology, Inc. has a 12-month low of $96.96 and a 12-month high of $1,076.56. 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’s fifty day simple moving average is $569.31 and its two-hundred day simple moving average is $418.02.

Micron Technology (NASDAQ:MU) last released its quarterly earnings data on Wednesday, March 18th. The semiconductor manufacturer reported $12.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $9.19 by $3.01. The firm had revenue of $23.86 billion for 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%. The company’s revenue for the quarter was up 196 compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.56 earnings per share. As a group, equities analysts expect that Micron Technology, Inc. will post 58.62 EPS for the current year.

Micron Technology Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Monday, March 30th were issued 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 yield of 0.1%. This is a boost from Micron Technology’s previous quarterly dividend of $0.12. Micron Technology’s dividend payout ratio (DPR) is presently 2.83%.

Insiders Place Their Bets

In other news, Director Steven J. Gomo sold 2,000 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $787.03, for a total transaction of $1,574,060.00. Following the transaction, the director directly owned 17,139 shares of the company’s stock, 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 hyperlink. Also, EVP Sumit Sadana sold 24,000 shares of the company’s stock in a transaction that occurred on Friday, April 10th. The shares were sold at an average price of $421.35, for a total value of $10,112,400.00. Following the transaction, the executive vice president owned 224,021 shares of the company’s stock, valued at approximately $94,391,248.35. This represents a 9.68% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 146,000 shares of company stock worth $85,486,715. 0.24% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities analysts recently weighed in on MU shares. DA Davidson initiated coverage on Micron Technology in a report on Monday, May 11th. They set a “buy” rating and a $1,000.00 price objective on the stock. UBS Group upped their target price on Micron Technology from $535.00 to $1,625.00 and gave the stock a “buy” rating in a research note on Tuesday, May 26th. Morgan Stanley increased their price target on shares of Micron Technology from $350.00 to $450.00 and gave the company an “overweight” rating in a research report on Wednesday, February 11th. Melius Research began coverage on shares of Micron Technology in a research note on Monday, April 27th. They set a “buy” rating and a $700.00 price target on the stock. Finally, TD Cowen boosted their price objective on shares of Micron Technology from $550.00 to $660.00 and gave the stock a “buy” rating in a report on Tuesday, April 28th. Five research 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’s stock. Based on data from MarketBeat, Micron Technology presently has an average rating of “Buy” and a consensus price target of $621.97.

Trending Headlines about Micron Technology

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

• Positive Sentiment: Micron showcased new AI-optimized memory and storage products at COMPUTEX 2026, including HBM4, high-capacity RDIMMs and PCIe Gen6 SSDs, reinforcing its role as a key supplier to AI infrastructure. Micron Powers AI Everywhere at COMPUTEX 2026
• Positive Sentiment: Wall Street turned more bullish, with recent reports highlighting higher price targets from firms such as Raymond James, Mizuho, Susquehanna and DA Davidson, which supports the stock’s momentum. Micron Gains Wall Street Support as Memory Demand Builds
• Positive Sentiment: Several articles pointed to Micron as a major beneficiary of the AI boom and memory-chip shortage, with investors focusing on strong DRAM and HBM demand outstripping supply. How a nudge from Nvidia propelled frugal Micron into the AI boom and a $1 trillion market cap
• Positive Sentiment: Micron remains in the spotlight after reporting explosive revenue growth in its latest quarter, helping validate the AI-driven earnings narrative behind the rally. Will AI Servers Keep Micron’s DRAM Demand Momentum Strong?
• Neutral Sentiment: Micron briefly crossed the $1 trillion valuation mark, which has increased attention and trading interest, but also raised valuation concerns among some investors. Are the 3 Newest Members of the $1 Trillion Market Cap Club the Latest Sign of an AI Bubble?
• Negative Sentiment: CEO Sanjay Mehrotra sold shares in two disclosed transactions, which may modestly weigh on sentiment even though the sales were relatively small compared with his remaining stake. SEC filing

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.