Triad Wealth Partners LLC Increases Stake in Micron Technology, Inc. $MU

Triad Wealth Partners LLC boosted its holdings in shares of Micron Technology, Inc. (NASDAQ:MU) by 22.8% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,893 shares of the semiconductor manufacturer’s stock after buying an additional 537 shares during the quarter. Triad Wealth Partners LLC’s holdings in Micron Technology were worth $977,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Breakthru Advisory Services LLC purchased a new position in Micron Technology in the 1st quarter valued at approximately $273,000. Quotient Wealth Partners LLC increased its position in shares of Micron Technology by 7.6% during the first quarter. Quotient Wealth Partners LLC now owns 3,546 shares of the semiconductor manufacturer’s stock worth $1,198,000 after acquiring an additional 250 shares during the period. Fortem Financial Group LLC raised its stake in shares of Micron Technology by 22.3% in the first quarter. Fortem Financial Group LLC now owns 1,803 shares of the semiconductor manufacturer’s stock valued at $609,000 after acquiring an additional 329 shares in the last quarter. Polianta Ltd acquired a new stake in shares of Micron Technology in the first quarter valued at $1,351,000. Finally, BlueSky Wealth Advisors LLC purchased a new position in Micron Technology in the first quarter valued at $262,000. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Micron Technology Stock Performance

NASDAQ:MU opened at $1,133.99 on Monday. Micron Technology, Inc. has a 12 month low of $103.38 and a 12 month high of $1,149.43. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.90 and a quick ratio of 2.32. The firm has a market capitalization of $1.28 trillion, a PE ratio of 53.54 and a beta of 2.15. The business’s fifty day moving average price is $748.09 and its 200 day moving average price is $495.18.

Insiders Place Their Bets

In other news, Director Steven J. Gomo sold 2,000 shares of the stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $787.03, for a total value of $1,574,060.00. Following the transaction, the director owned 17,139 shares in the company, valued at approximately $13,488,907.17. This represents a 10.45% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Sumit Sadana sold 24,000 shares of the stock in a transaction dated 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 completion of the transaction, the executive vice president owned 224,021 shares in the company, valued at approximately $94,391,248.35. The trade was a 9.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 146,000 shares of company stock valued at $85,486,715. 0.24% of the stock is owned by insiders.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: Multiple firms raised price targets on Micron (MU), citing stronger DRAM/NAND pricing, AI-driven memory demand, and rising data-center sales. Wedbush lifted its target to $1,300, while other reports pointed to even higher bullish targets, signaling continued confidence ahead of earnings. Article Title
• Positive Sentiment: Micron’s U.S. capacity expansion and advanced 1-alpha DRAM production were highlighted as strategic moves that could support long-term AI infrastructure demand, reinforcing the company’s role as a key memory supplier for AI data centers. Article Title
• Positive Sentiment: Several articles say MU is likely to beat fiscal Q3 estimates thanks to tight memory supply, strong pricing power, and new chip ramp-up, which would extend the company’s recent run and keep AI-related optimism alive. Article Title
• Neutral Sentiment: Investors are treating Micron’s June 24 earnings report as a key read-through on whether the AI-driven chip rally still has room to run. That makes the stock a high-expectation name going into results, but not automatically one with easy upside from here. Article Title
• Neutral Sentiment: Some commentary also suggests Micron (MU) could see a volatile reaction even if earnings are good, since the stock has already had a huge run and expectations are elevated. Article Title
• Negative Sentiment: Bearish pieces warn that Micron’s upcoming report is a “tough earnings test,” with some arguing the stock could fall if the company merely meets expectations instead of dramatically exceeding them. Article Title
• Negative Sentiment: SK Hynix’s plan to expand memory production over the next five years was flagged as a competitive risk for MU, potentially pressuring pricing and margins later if supply growth outpaces demand. Article Title

Wall Street Analysts Forecast Growth

MU has been the subject of several analyst reports. Wedbush boosted their target price on Micron Technology from $500.00 to $1,300.00 and gave the stock an “outperform” rating in a research note on Thursday. Wells Fargo & Company lifted their price objective on Micron Technology from $550.00 to $1,220.00 and gave the company an “overweight” rating in a research note on Monday, June 8th. Royal Bank Of Canada lifted their price objective on Micron Technology from $525.00 to $1,200.00 and gave the company an “outperform” rating in a research note on Monday, June 15th. Weiss Ratings reissued a “buy (b)” rating on shares of Micron Technology in a research report on Tuesday, May 12th. Finally, Morgan Stanley upped their target price on shares of Micron Technology from $520.00 to $1,050.00 and gave the stock an “overweight” rating in a research note on Wednesday, June 3rd. 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. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $939.80.

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.