Consilium Wealth Advisory LLC Boosts Position in Micron Technology, Inc. $MU

Consilium Wealth Advisory LLC increased its holdings in Micron Technology, Inc. (NASDAQ:MU) by 34.3% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,271 shares of the semiconductor manufacturer’s stock after acquiring an additional 1,855 shares during the quarter. Micron Technology comprises approximately 0.8% of Consilium Wealth Advisory LLC’s portfolio, making the stock its 27th biggest position. Consilium Wealth Advisory LLC’s holdings in Micron Technology were worth $2,456,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in MU. Kercheville Advisors LLC lifted its position in shares of Micron Technology by 54.4% in the 1st quarter. Kercheville Advisors LLC now owns 12,355 shares of the semiconductor manufacturer’s stock worth $4,174,000 after purchasing an additional 4,355 shares during the period. Weaver Capital Management LLC raised its stake in Micron Technology by 22.7% in the first quarter. Weaver Capital Management LLC now owns 3,788 shares of the semiconductor manufacturer’s stock worth $1,280,000 after buying an additional 700 shares in the last quarter. CENTRAL TRUST Co lifted its holdings in Micron Technology by 15.0% in the first quarter. CENTRAL TRUST Co now owns 3,562 shares of the semiconductor manufacturer’s stock worth $1,203,000 after buying an additional 464 shares during the period. Cora Capital Advisors LLC boosted its position in Micron Technology by 21.3% during the 1st quarter. Cora Capital Advisors LLC now owns 941 shares of the semiconductor manufacturer’s stock valued at $318,000 after acquiring an additional 165 shares in the last quarter. Finally, Cache Advisors LLC bought a new stake in Micron Technology during the 1st quarter valued at approximately $657,000. 80.84% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, CEO Sanjay Mehrotra sold 40,000 shares of the stock in a transaction that occurred on 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 sale, the chief executive officer owned 424,503 shares in the company, valued at $227,643,978.78. This represents a 8.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Sumit Sadana sold 24,000 shares of the firm’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 transaction of $10,112,400.00. Following the sale, the executive vice president directly owned 224,021 shares of the company’s stock, valued at $94,391,248.35. This trade represents a 9.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 146,000 shares of company stock worth $85,486,715 in the last 90 days. 0.24% of the stock is owned by company insiders.

Key Stories Impacting Micron Technology

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

• Positive Sentiment: Micron announced a strategic AI infrastructure agreement with Anthropic that includes memory and storage supply, AI architecture collaboration, enterprise use of Claude, and an investment in Anthropic’s funding round. Reuters article
• Positive Sentiment: Several Wall Street firms raised price targets on Micron, signaling continued confidence in AI-driven memory demand and earnings upside. Benzinga analyst update
• Neutral Sentiment: Investors are positioning for a potentially large post-earnings move, with options markets pricing in elevated volatility heading into the Q3 report. TipRanks article
• Negative Sentiment: Micron was caught in a broad tech and memory-stock selloff as traders questioned whether massive AI capex spending will translate into sufficient returns. LA Times article
• Negative Sentiment: South Korea’s KOSPI plunge and weakness in SK Hynix and Samsung Electronics added pressure on Micron, reinforcing fears that memory-chip enthusiasm may be overheating. Barron’s article

Micron Technology Stock Down 13.2%

Shares of NASDAQ:MU opened at $1,051.77 on Wednesday. The company has a current ratio of 2.90, a quick ratio of 2.32 and a debt-to-equity ratio of 0.13. The stock has a fifty day simple moving average of $776.51 and a two-hundred day simple moving average of $507.79. Micron Technology, Inc. has a 12-month low of $103.38 and a 12-month high of $1,213.56. The stock has a market capitalization of $1.19 trillion, a price-to-earnings ratio of 49.66 and a beta of 2.16.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on MU shares. Sanford C. Bernstein set a $1,300.00 target price on Micron Technology in a research report on Monday. TD Cowen upped their price target on Micron Technology from $660.00 to $1,500.00 and gave the stock a “buy” rating in a research note on Monday, June 15th. Wells Fargo & Company increased their price objective on Micron Technology from $550.00 to $1,220.00 and gave the stock an “overweight” rating in a report on Monday, June 8th. Mizuho raised their price objective on Micron Technology to $800.00 and gave the company an “outperform” rating in a research report on Tuesday, May 19th. Finally, UBS Group boosted their target price on shares of Micron Technology from $535.00 to $1,625.00 and gave the company a “buy” rating in a report on Tuesday, May 26th. Five equities research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $1,008.13.

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.