SeaBridge Investment Advisors LLC Has $4.58 Million Stock Holdings in Micron Technology, Inc. $MU

SeaBridge Investment Advisors LLC lifted its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 462.4% in the 4th quarter, Holdings Channel reports. The institutional investor owned 16,028 shares of the semiconductor manufacturer’s stock after purchasing an additional 13,178 shares during the quarter. SeaBridge Investment Advisors LLC’s holdings in Micron Technology were worth $4,575,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of MU. REAP Financial Group LLC acquired a new position in shares of Micron Technology during the third quarter worth $25,000. Barnes Dennig Private Wealth Management LLC acquired a new position in shares of Micron Technology during the third quarter worth $27,000. Elevation Wealth Partners LLC increased its holdings 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 worth $27,000 after buying an additional 71 shares in the last quarter. Steigerwald Gordon & Koch Inc. increased its holdings 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 worth $28,000 after buying an additional 96 shares in the last quarter. Finally, Cullen Frost Bankers Inc. increased its holdings in shares of Micron Technology by 79.3% during the third quarter. Cullen Frost Bankers Inc. now owns 199 shares of the semiconductor manufacturer’s stock worth $33,000 after buying an additional 88 shares in the last quarter. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Micron Technology Stock Performance

Shares of MU opened at $465.66 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 market capitalization of $525.14 billion, a P/E ratio of 21.99 and a beta of 1.60. The firm’s fifty day simple moving average is $402.18 and its two-hundred day simple moving average is $313.28. Micron Technology, Inc. has a 12 month low of $65.64 and a 12 month high of $471.34.

Micron Technology Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Monday, March 30th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.1%. This is an increase from Micron Technology’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend is Monday, March 30th. Micron Technology’s payout ratio is currently 2.83%.

Insider Activity

In other news, EVP April S. Arnzen sold 40,000 shares of the company’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $347.39, for a total transaction of $13,895,600.00. Following the transaction, the executive vice president owned 125,737 shares in the company, valued at approximately $43,679,776.43. This represents a 24.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sumit Sadana sold 25,000 shares of the company’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $429.89, for a total transaction of $10,747,250.00. Following the transaction, the executive vice president owned 248,021 shares in the company, valued at $106,621,747.69. This represents a 9.16% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 115,623 shares of company stock worth $45,165,908. Company insiders own 0.24% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on MU shares. TD Cowen upped their price target on shares of Micron Technology from $450.00 to $500.00 and gave the stock a “buy” rating in a report on Monday, March 16th. Royal Bank Of Canada boosted their price objective on shares of Micron Technology from $425.00 to $525.00 and gave the stock an “outperform” rating in a research note on Monday, March 16th. Erste Group Bank cut shares of Micron Technology from a “buy” rating to a “hold” rating in a research note on Thursday, April 2nd. HSBC boosted their price objective on shares of Micron Technology from $350.00 to $500.00 and gave the stock a “buy” rating in a research note on Friday, January 23rd. Finally, Sanford C. Bernstein boosted their price objective on shares of Micron Technology from $330.00 to $510.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 18th. Five investment analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $464.61.

Micron Technology News Roundup

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

• Positive Sentiment: Lynx Equity sharply raised its Micron price target (from $700 to $825), citing extended capacity sellouts and better revenue visibility — a direct bullish catalyst for flows and momentum. Lynx Equity Raises Micron (MU) PT, Suggests Aggressive Buying
• Positive Sentiment: Analysts across the street are raising revenue and free?cash?flow estimates, lifting consensus targets and reinforcing the bullish narrative into earnings season. Analysts Hike Their Micron Estimates
• Positive Sentiment: Independent research (Counterpoint) and market pieces highlight Micron turning memory into a core AI performance driver (HBM/DRAM), supporting higher margins and strategic positioning in AI infrastructure. Micron Pushing Performance Across AI Stack
• Positive Sentiment: Large institutional inflows (notably new positions and sizable increases by funds) and a modest dividend increase reinforce buy interest from long?term holders. Insider/Institutional Filings
• Neutral Sentiment: New DRAM?focused ETFs could channel additional sector flows into Micron (benefit) but also concentrate exposure. New DRAM ETF
• Neutral Sentiment: Short machine?learning price forecasts and trend pieces increase retail attention but add little new fundamental information — watch earnings/capacity data instead. ML Price Prediction
• Negative Sentiment: Insider selling: EVP Sumit Sadana sold 24,000 shares (~$10.1M) in early April — a notable reduction in an executive holding that may prompt short?term investor caution. EVP Sells $10,112,400 in Stock
• Negative Sentiment: Valuation and momentum risks: several commentary pieces argue the recent run already prices in significant optimism and caution fresh buyers; cyclical demand sensitivity (retail margins, macro) remains a tail risk. Valuation Caution

Micron Technology Company 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.