Keudell Morrison Wealth Management Invests $316,000 in Micron Technology, Inc. $MU

Keudell Morrison Wealth Management bought a new position in Micron Technology, Inc. (NASDAQ:MU) during the 4th quarter, Holdings Channel reports. The fund bought 1,106 shares of the semiconductor manufacturer’s stock, valued at approximately $316,000.

Other hedge funds also recently bought and sold shares of the company. REAP Financial Group LLC purchased a new stake in Micron Technology in the 3rd quarter worth approximately $25,000. High Note Wealth LLC grew its position in shares of Micron Technology by 65.4% in the 4th quarter. High Note Wealth LLC now owns 86 shares of the semiconductor manufacturer’s stock worth $25,000 after buying an additional 34 shares during the last quarter. Elevation Wealth Partners LLC increased its stake in shares of Micron Technology by 295.8% during the fourth quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer’s stock valued at $27,000 after buying an additional 71 shares during the period. Steigerwald Gordon & Koch Inc. increased its stake in shares of Micron Technology by 4,800.0% during the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 98 shares of the semiconductor manufacturer’s stock valued at $28,000 after buying an additional 96 shares during the period. Finally, GHP Investment Advisors Inc. raised its holdings in shares of Micron Technology by 91.2% during the fourth quarter. GHP Investment Advisors Inc. now owns 109 shares of the semiconductor manufacturer’s stock valued at $31,000 after acquiring an additional 52 shares in the last quarter. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Insider Buying and Selling at Micron Technology

In related news, CEO Sanjay Mehrotra sold 40,000 shares of the business’s 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 sale, the chief executive officer owned 424,503 shares of the company’s stock, valued at $227,643,978.78. The trade was a 8.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Steven J. Gomo sold 2,000 shares of the company’s stock in a transaction dated 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 completion of the sale, the director owned 17,139 shares in the company, valued at approximately $13,488,907.17. This trade represents a 10.45% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 106,000 shares of company stock valued at $47,032,460 in the last quarter. 0.24% of the stock is owned by insiders.

Micron Technology Price Performance

Shares of MU stock opened at $751.00 on Friday. The business’s fifty day moving average is $512.03 and its 200 day moving average is $388.21. 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 stock has a market cap of $846.93 billion, a price-to-earnings ratio of 35.46 and a beta of 1.91. Micron Technology, Inc. has a twelve month low of $90.93 and a twelve month high of $818.67.

Micron Technology Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Monday, March 30th were issued a dividend of $0.15 per share. This is a boost 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 dividend yield of 0.1%. Micron Technology’s dividend payout ratio (DPR) is presently 2.83%.

Analyst Ratings Changes

A number of analysts recently commented on MU shares. DA Davidson assumed coverage on Micron Technology in a research note on Monday, May 11th. They issued a “buy” rating and a $1,000.00 price target for the company. Mizuho boosted their price objective on shares of Micron Technology to $800.00 and gave the company an “outperform” rating in a research report on Tuesday. UBS Group upped their price objective on shares of Micron Technology from $510.00 to $535.00 and gave the stock a “buy” rating in a report on Wednesday, April 8th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Micron Technology in a research report on Tuesday, May 12th. Finally, Susquehanna lifted their target price on shares of Micron Technology from $345.00 to $525.00 and gave the company a “positive” rating in a research note on Monday, March 9th. 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 stock has a consensus rating of “Buy” and an average price target of $518.47.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: Micron began manufacturing advanced 1? DRAM at its Manassas, Virginia, fab, a milestone that expands U.S. memory output for AI, automotive, defense, aerospace and industrial customers. The move supports Micron’s long-term growth narrative and reinforces its position as the only U.S. manufacturer of memory chips. Article Title
• Positive Sentiment: Micron’s CEO highlighted the company’s major U.S. DRAM expansion and said the advanced memory technology is increasingly important for critical sectors, underscoring demand and strategic relevance. Article Title
• Positive Sentiment: Analyst and stock-picking coverage remained constructive, with Melius Research reportedly raising its price target to $1,100 and other commentators calling Micron a momentum leader and a key AI memory beneficiary. Article Title
• Neutral Sentiment: Several market articles continued to feature Micron as a prominent AI and memory-chip name, including momentum screens and long-term bull cases, which may support investor attention but do not change fundamentals on their own. Article Title
• Negative Sentiment: Some coverage noted recent volatility in memory-chip stocks and questioned how much upside is already priced in, which could temper enthusiasm after the run-up in the shares. Article Title

Micron Technology 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.