Turtle Creek Wealth Advisors LLC Buys 3,533 Shares of Micron Technology, Inc. $MU

Turtle Creek Wealth Advisors LLC lifted its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 145.2% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 5,967 shares of the semiconductor manufacturer’s stock after buying an additional 3,533 shares during the quarter. Turtle Creek Wealth Advisors LLC’s holdings in Micron Technology were worth $998,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of MU. Tradewinds LLC. acquired a new stake in Micron Technology during the third quarter worth approximately $214,000. WPG Advisers LLC increased its stake in shares of Micron Technology by 87.9% during the third quarter. WPG Advisers LLC now owns 712 shares of the semiconductor manufacturer’s stock worth $119,000 after purchasing an additional 333 shares during the period. Whelan Financial acquired a new stake in Micron Technology during the 3rd quarter worth approximately $224,000. Allstate Corp lifted its holdings in Micron Technology by 1,843.0% during the 3rd quarter. Allstate Corp now owns 40,686 shares of the semiconductor manufacturer’s stock worth $6,808,000 after purchasing an additional 38,592 shares during the last quarter. Finally, NorthCrest Asset Manangement LLC boosted its stake in Micron Technology by 10.8% in the 3rd quarter. NorthCrest Asset Manangement LLC now owns 43,974 shares of the semiconductor manufacturer’s stock valued at $8,165,000 after purchasing an additional 4,294 shares during the period. Institutional investors and hedge funds own 80.84% of the company’s stock.

Wall Street Analyst Weigh In

MU has been the topic of several recent research reports. BNP Paribas Exane upgraded Micron Technology from an “underperform” rating to an “outperform” rating and set a $270.00 price objective on the stock in a research report on Monday, October 13th. Itau BBA Securities reissued an “outperform” rating on shares of Micron Technology in a research report on Thursday, December 18th. Royal Bank Of Canada began coverage on shares of Micron Technology in a research report on Thursday, January 15th. They set an “outperform” rating and a $425.00 price target on the stock. Barclays lifted their price objective on shares of Micron Technology from $275.00 to $450.00 and gave the stock an “overweight” rating in a research note on Friday, January 16th. Finally, Raymond James Financial boosted their price objective on shares of Micron Technology from $190.00 to $310.00 and gave the company an “outperform” rating in a report on Thursday, December 18th. Five investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, Micron Technology currently has an average rating of “Buy” and an average target price of $340.79.

Insider Transactions at Micron Technology

In other Micron Technology news, EVP Scott J. Deboer sold 82,000 shares of the stock in a transaction dated Monday, October 27th. The stock was sold at an average price of $222.81, for a total value of $18,270,420.00. Following the completion of the transaction, the executive vice president directly owned 154,145 shares in the company, valued at approximately $34,345,047.45. This trade represents a 34.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP April S. Arnzen sold 15,000 shares of the firm’s stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $277.09, for a total transaction of $4,156,350.00. Following the transaction, the executive vice president directly owned 165,618 shares of the company’s stock, valued at $45,891,091.62. The trade was a 8.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 287,500 shares of company stock valued at $65,892,908. 0.24% of the stock is owned by company insiders.

Micron Technology Stock Performance

Shares of Micron Technology stock opened at $365.00 on Wednesday. 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 market cap of $410.81 billion, a PE ratio of 34.70 and a beta of 1.50. The company has a 50 day moving average of $272.56 and a 200-day moving average of $196.19. Micron Technology, Inc. has a 1-year low of $61.54 and a 1-year high of $381.56.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings data on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 EPS 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 the consensus estimate of $12.62 billion. Micron Technology had a net margin of 28.15% and a return on equity of 22.71%. The company’s revenue was up 56.7% on a year-over-year basis. During the same period in the previous year, the business earned $1.79 earnings per share. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. As a group, equities research analysts forecast that Micron Technology, Inc. will post 6.08 earnings per share for the current fiscal year.

Micron Technology Announces Dividend

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

More Micron Technology News

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

• Positive Sentiment: AI-driven demand & sold-out HBM — Company execs and coverage say HBM and DRAM are effectively sold out to AI/cloud customers, supporting tighter pricing and higher revenue for at least the near term. Article Title
• Positive Sentiment: Taiwan fab purchase to raise capacity — Micron agreed to buy Powerchip’s P5 fab for ~$1.8B to accelerate DRAM production, a tangible step to capture AI-driven demand and reduce supply constraints. Article Title
• Positive Sentiment: Analyst upgrades and higher price targets — Several firms raised ratings/targets this week (notably big upside targets from TD Cowen and Rosenblatt), which supports buying interest and momentum traders. Article Title
• Positive Sentiment: Technical/trading signals attracted flows — A “Power Inflow” / order-flow signal flagged intraday buying, drawing short-term momentum traders and pushing the stock higher. Article Title
• Neutral Sentiment: CEO commentary at Davos / CNBC — Management is publicly emphasizing faster capacity build and supply response, which reassures investors but still leaves timing uncertainty. Article Title
• Neutral Sentiment: Momentum & coverage — Wide media coverage of a 52-week high and bullish retail/institution chatter is amplifying flows; useful for sentiment but not a fundamentals change by itself. Article Title
• Negative Sentiment: Capex and margin-cycle risk — Analysts and commentators warn the $1.8B fab buy and massive planned capex raise execution risk and could pressure margins if demand or pricing normalizes. Article Title
• Negative Sentiment: Insider selling vs. selective purchases — Public filings show meaningful insider sales among senior execs alongside a few purchases, which some investors view as a governance/ timing caution. Article Title

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.