Highland Capital Management LLC Has $40.66 Million Stake in Micron Technology, Inc. $MU

Highland Capital Management LLC trimmed its position in shares of Micron Technology, Inc. (NASDAQ:MU) by 14.9% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 142,467 shares of the semiconductor manufacturer’s stock after selling 24,956 shares during the quarter. Micron Technology comprises about 2.0% of Highland Capital Management LLC’s investment portfolio, making the stock its 9th largest holding. Highland Capital Management LLC’s holdings in Micron Technology were worth $40,661,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of MU. Round Rock Advisors LLC increased its stake in Micron Technology by 0.6% during the 4th quarter. Round Rock Advisors LLC now owns 4,333 shares of the semiconductor manufacturer’s stock valued at $1,237,000 after purchasing an additional 25 shares in the last quarter. Arlington Trust Co LLC lifted its stake in shares of Micron Technology by 26.3% during the fourth quarter. Arlington Trust Co LLC now owns 120 shares of the semiconductor manufacturer’s stock worth $34,000 after buying an additional 25 shares during the period. Manuka Financial LLC grew its holdings in shares of Micron Technology by 2.3% during the fourth quarter. Manuka Financial LLC now owns 1,243 shares of the semiconductor manufacturer’s stock valued at $355,000 after buying an additional 28 shares during the last quarter. Valued Wealth Advisors LLC grew its holdings in shares of Micron Technology by 20.9% during the fourth quarter. Valued Wealth Advisors LLC now owns 168 shares of the semiconductor manufacturer’s stock valued at $48,000 after buying an additional 29 shares during the last quarter. Finally, Omnia Family Wealth LLC increased its position in shares of Micron Technology by 2.1% in the 4th quarter. Omnia Family Wealth LLC now owns 1,464 shares of the semiconductor manufacturer’s stock valued at $418,000 after acquiring an additional 30 shares during the period. 80.84% of the stock is currently owned by institutional investors.

Micron Technology News Summary

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

• Positive Sentiment: Melius Research initiated coverage with a Buy and $700 price target, citing memory’s central role in AI hardware and reinforcing the bullish analyst momentum supporting MU. Melius Research Beings Coverage of Micron Technology (MU) Stock
• Positive Sentiment: Wall Street price?target increases (including a reported $1,000 target) and positive note flow are amplifying buying pressure as brokers revise forecasts on stronger AI/HBM demand. Micron stock surges 9%: how high can it go?
• Positive Sentiment: Hyperscalers have reportedly confirmed rising memory costs and demand for HBM4, supporting expectations of tight supply through 2028 — a structural tailwind for Micron’s pricing and margins. What’s Going On With Micron Technology Stock Monday?
• Positive Sentiment: Mizuho and other analysts remain bullish on DRAM exposure as AI CPU investments ramp, calling Micron attractive on valuation vs. growth prospects. Mizuho Says Micron (MU) Cheap as Memory Demand Grows
• Neutral Sentiment: Media pieces are highlighting Micron’s parabolic YTD and 1?year returns and questioning whether momentum is running ahead of fundamentals; these articles increase attention but don’t add new fundamental data. Micron Jumps 7%: Is the Memory Maker Now a Structural AI Winner?
• Neutral Sentiment: Algorithmic price predictions and retail?oriented writeups (machine?learning forecasts) are circulating; they can attract trading interest but carry limited informational value for fundamentals. Machine learning algorithm predicts Micron stock price on May 31, 2026
• Negative Sentiment: Some analysts and commentators argue other AI semiconductor names could outperform Micron long term, introducing relative?performance risk and prompting caution about current valuation after the massive run. Prediction: This Will Be the Top-Performing Artificial Intelligence (AI) Semiconductor Stock Over the Next Year.

Insider Activity

In other Micron Technology news, EVP April S. Arnzen sold 40,000 shares of the company’s stock in a transaction that occurred on Wednesday, April 1st. The stock was 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 approximately $43,679,776.43. This represents a 24.13% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sumit Sadana sold 24,000 shares of the firm’s 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 directly owned 224,021 shares in the company, valued at $94,391,248.35. The trade was a 9.68% decrease in their position. The SEC filing for this sale provides additional information. 0.24% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft raised their target price on Micron Technology from $500.00 to $550.00 and gave the stock a “buy” rating in a research note on Thursday, March 19th. 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 report on Wednesday, March 18th. Erste Group Bank cut Micron Technology from a “buy” rating to a “hold” rating in a research note on Thursday, April 2nd. Summit Insights downgraded Micron Technology from a “buy” rating to a “hold” rating in a report on Thursday, March 19th. Finally, Morgan Stanley upped their target price on Micron Technology from $350.00 to $450.00 and gave the company an “overweight” rating in a research report on Wednesday, February 11th. Five equities research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Micron Technology presently has an average rating of “Buy” and a consensus price target of $478.24.

Micron Technology Price Performance

Shares of MU opened at $576.45 on Tuesday. The business’s 50-day moving average is $422.13 and its two-hundred day moving average is $338.52. The company has a market capitalization of $650.08 billion, a P/E ratio of 27.22 and a beta of 1.91. Micron Technology, Inc. has a fifty-two week low of $78.54 and a fifty-two week high of $592.80. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.32 and a current ratio of 2.90.

Micron Technology Increases Dividend

The business also recently announced 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. This represents a $0.60 annualized dividend and a yield of 0.1%. This is a positive change from Micron Technology’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend was Monday, March 30th. Micron Technology’s dividend payout ratio is 2.83%.

Micron Technology Company 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.