Ponta Wealth Partners LLC acquired a new stake in Micron Technology, Inc. (NASDAQ:MU – Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 786 shares of the semiconductor manufacturer’s stock, valued at approximately $224,000.
A number of other institutional investors have also recently added to or reduced their stakes in the stock. Brighton Jones LLC increased its holdings in Micron Technology by 18.3% in the fourth quarter. Brighton Jones LLC now owns 6,318 shares of the semiconductor manufacturer’s stock valued at $532,000 after buying an additional 976 shares in the last quarter. Sivia Capital Partners LLC boosted its stake in shares of Micron Technology by 21.7% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,528 shares of the semiconductor manufacturer’s stock worth $435,000 after acquiring an additional 628 shares in the last quarter. United Bank acquired a new stake in shares of Micron Technology in the 2nd quarter worth approximately $236,000. Schnieders Capital Management LLC. grew its holdings in shares of Micron Technology by 67.9% in the 2nd quarter. Schnieders Capital Management LLC. now owns 16,984 shares of the semiconductor manufacturer’s stock worth $2,093,000 after acquiring an additional 6,867 shares during the period. Finally, Sei Investments Co. increased its stake in Micron Technology by 5.6% in the 2nd quarter. Sei Investments Co. now owns 405,545 shares of the semiconductor manufacturer’s stock valued at $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.
Insiders Place Their Bets
In other news, CEO Sanjay Mehrotra sold 40,000 shares of Micron Technology stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $536.26, for a total transaction of $21,450,400.00. Following the completion of the sale, the chief executive officer directly owned 424,503 shares in the company, valued at $227,643,978.78. The trade was a 8.61% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP April S. Arnzen sold 40,000 shares of the business’s 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 transaction, the executive vice president directly owned 125,737 shares of the company’s stock, valued at approximately $43,679,776.43. This represents a 24.13% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 104,000 shares of company stock valued at $45,458,400 in the last ninety days. Insiders own 0.24% of the company’s stock.
Micron Technology News Summary
- Positive Sentiment: Micron began shipping its industry?leading 245TB 6600 ION data?center SSD, strengthening its product edge in high?capacity AI/storage markets and supporting near?term revenue upside. Industry-Leading 245TB Micron 6600 ION Data Center SSD Now Shipping
- Positive Sentiment: Tight supply across DRAM, NAND and HBM is allowing Micron to raise prices and expand gross margins — a key fundamental driver behind the rally and stronger cash?flow expectations. Still Time to Pay Up for Micron & Sandisk Stock?
- Positive Sentiment: Sector momentum from AI chip winners (strong AMD results, broader chip upgrades) and a memory?stock rally (Samsung hitting major market?cap milestones) is lifting MU alongside peers. Analyst upgrades and higher targets have amplified buying. Micron zooms past $700 billion market cap as rally in memory stocks accelerates
- Positive Sentiment: Unusual options flows (large put trades interpreted by some traders as contrarian/bullish positioning) have been cited as evidence of speculative conviction and add to short?term liquidity. Micron Technology huge, unusual put option activity – a bullish signal as MU rises 12%
- Neutral Sentiment: Heavy social/media discussion about MU breaking key price levels and HBM sold?out claims is amplifying momentum but also increasing intraday volatility and retail trading flow sensitivity. Micron Technology Stock (MU) Opinions on Breaking $600 Barrier
- Neutral Sentiment: Large institutional rebalancing (big additions and trims across funds) shows mixed positioning — supports liquidity but makes MU sensitive to fund flows. Quiver Quantitative institutional holdings summary
- Negative Sentiment: CEO Sanjay Mehrotra sold 40,000 shares (SEC filing), a headline?sensitive event that can prompt short?term selling despite his retained large stake. SEC Filing: Insider Sale
- Negative Sentiment: Analysts and commentators warn MU is overbought (RSI in overbought territory) and flag risks: demand re?equilibration, model efficiency reducing memory intensity, concentration of AI demand, and manufacturing constraints that could limit near?term revenue conversion. These raise pullback risk after a sharp run. Analyst warns of a peak in Micron stock
Micron Technology Stock Up 4.1%
Shares of NASDAQ:MU opened at $666.14 on Thursday. 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 market capitalization of $751.23 billion, a P/E ratio of 31.45 and a beta of 1.91. Micron Technology, Inc. has a 52-week low of $80.20 and a 52-week high of $667.67. The stock’s fifty day simple moving average is $431.27 and its 200-day simple moving average is $344.94.
Micron Technology Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Monday, March 30th were issued a $0.15 dividend. This is a positive change from Micron Technology’s previous quarterly dividend of $0.12. The ex-dividend date was Monday, March 30th. This represents a $0.60 dividend on an annualized basis and a yield of 0.1%. Micron Technology’s payout ratio is currently 2.83%.
Analysts Set New Price Targets
A number of analysts have commented on the company. Stifel Nicolaus boosted their target price on Micron Technology from $360.00 to $550.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. William Blair started coverage on Micron Technology in a report on Thursday, January 22nd. They issued an “outperform” rating on the stock. Phillip Securities upgraded Micron Technology to a “strong-buy” rating in a research report on Monday, February 2nd. Weiss Ratings reiterated a “buy (b-)” rating on shares of Micron Technology in a research report on Thursday, January 29th. Finally, Wells Fargo & Company increased their price objective on shares of Micron Technology from $470.00 to $550.00 and gave the company an “overweight” rating in a research note on Thursday, March 19th. Five investment 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 company. According to MarketBeat, the stock has an average rating of “Buy” and an average target price of $478.24.
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.
Further Reading
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