Jackson Thornton Wealth Management LLC Takes Position in Micron Technology, Inc. $MU

Jackson Thornton Wealth Management LLC acquired a new position in Micron Technology, Inc. (NASDAQ:MU) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 4,501 shares of the semiconductor manufacturer’s stock, valued at approximately $753,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. First Command Advisory Services Inc. grew its stake in Micron Technology by 225.0% in the second quarter. First Command Advisory Services Inc. now owns 221 shares of the semiconductor manufacturer’s stock valued at $27,000 after purchasing an additional 153 shares during the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new position in Micron Technology in the 3rd quarter worth $27,000. Howard Hughes Medical Institute acquired a new stake in Micron Technology during the 2nd quarter worth about $30,000. AlphaQuest LLC grew its stake in Micron Technology by 13,250.0% during the 2nd quarter. AlphaQuest LLC now owns 267 shares of the semiconductor manufacturer’s stock valued at $33,000 after purchasing an additional 265 shares during the last quarter. Finally, WealthCollab LLC raised its stake in shares of Micron Technology by 4,500.0% in the second quarter. WealthCollab LLC now owns 276 shares of the semiconductor manufacturer’s stock worth $34,000 after purchasing an additional 270 shares during the last quarter. Institutional investors own 80.84% of the company’s stock.

Analysts Set New Price Targets

MU has been the topic of a number of analyst reports. Wedbush set a $320.00 target price on Micron Technology in a research report on Thursday, December 18th. BNP Paribas raised Micron Technology from a “strong sell” rating to a “strong-buy” rating in a research note on Monday, October 13th. Rosenblatt Securities reissued a “buy” rating and issued a $500.00 price target on shares of Micron Technology in a research note on Tuesday. KeyCorp upped their price objective on shares of Micron Technology from $325.00 to $450.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 13th. Finally, Royal Bank Of Canada began coverage on shares of Micron Technology in a research report on Thursday, January 15th. They issued an “outperform” rating and a $425.00 target price on the stock. Five analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $338.72.

Key Stories Impacting Micron Technology

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

• Positive Sentiment: Rosenblatt reaffirmed a “buy” on Micron and set a $500 price target, implying substantial upside and signaling continued analyst conviction in MU’s AI-driven growth prospects. Rosenblatt Reaffirms Buy, $500 PT
• Positive Sentiment: Micron hit a new 52-week high as investors price in sustained AI/data-center memory demand and sold-out HBM supply — momentum that is lifting sentiment and valuations. Micron Hits New 52-Week High
• Positive Sentiment: Micron warns the global DRAM shortage is “unprecedented” and will persist as AI data-center demand surges, supporting pricing power and near-term revenue visibility for memory suppliers. Micron Warns of Unprecedented DRAM Shortage
• Positive Sentiment: Micron agreed to acquire a Taiwan chip fab for about $1.8B to boost DRAM/HBM production capacity — a strategic move to capture AI-driven demand and reduce supply constraints. Micron to Acquire Taiwan Fab for $1.8B
• Neutral Sentiment: Multiple outlets (Zacks, Motley Fool and others) are adding Micron to AI-themed buy lists, framing MU as a core AI-memory play — helpful for flows but not new company-specific fundamentals. Best AI Stocks to Buy and Hold: Micron
• Negative Sentiment: Barron’s and others flag market concerns that rapid capacity deals and heavy spending (fab purchases) could raise execution risk or capital intensity — a reminder that growth comes with balance-sheet and integration risk. Why Micron’s Fab Deal Raises Market Concerns

Micron Technology Price Performance

Micron Technology stock opened at $366.68 on Tuesday. The company has a current ratio of 2.46, a quick ratio of 1.78 and a debt-to-equity ratio of 0.19. The company has a 50-day moving average price of $270.08 and a 200 day moving average price of $194.48. Micron Technology, Inc. has a 12-month low of $61.54 and a 12-month high of $365.81. The stock has a market cap of $412.70 billion, a P/E ratio of 34.86 and a beta of 1.50.

Micron Technology (NASDAQ:MU) last posted its quarterly earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share for the quarter, beating the consensus estimate of $3.77 by $1.01. The business had revenue of $13.64 billion during the quarter, compared to analysts’ expectations of $12.62 billion. Micron Technology had a net margin of 28.15% and a return on equity of 22.71%. The business’s revenue for the quarter was up 56.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.79 EPS. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. Sell-side analysts anticipate that Micron Technology, Inc. will post 6.08 earnings per share for the current year.

Micron Technology Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Stockholders of record on Monday, December 29th were issued a dividend of $0.115 per share. The ex-dividend date was Monday, December 29th. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.1%. Micron Technology’s dividend payout ratio is currently 4.37%.

Insider Activity

In related news, EVP April S. Arnzen sold 15,000 shares of the business’s stock in a transaction dated Monday, December 22nd. The shares were sold at an average price of $277.09, for a total value of $4,156,350.00. Following the sale, the executive vice president directly owned 165,618 shares in the company, valued at approximately $45,891,091.62. The trade was a 8.30% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Sanjay Mehrotra sold 3,743 shares of the stock in a transaction dated Friday, November 7th. The stock was sold at an average price of $233.39, for a total transaction of $873,578.77. Following the transaction, the chief executive officer directly owned 396,578 shares of the company’s stock, valued at approximately $92,557,339.42. This trade represents a 0.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 287,500 shares of company stock worth $65,892,908. 0.24% of the stock is currently owned by corporate insiders.

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.