Hidden Cove Wealth Management LLC Invests $291,000 in Micron Technology, Inc. $MU

Hidden Cove Wealth Management LLC bought a new position in shares of Micron Technology, Inc. (NASDAQ:MU) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 1,021 shares of the semiconductor manufacturer’s stock, valued at approximately $291,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. raised its position in shares of Micron Technology by 1.9% during the fourth quarter. Vanguard Group Inc. now owns 106,608,094 shares of the semiconductor manufacturer’s stock worth $30,427,016,000 after acquiring an additional 1,954,644 shares during the last quarter. State Street Corp raised its position in shares of Micron Technology by 0.6% during the third quarter. State Street Corp now owns 51,659,173 shares of the semiconductor manufacturer’s stock worth $8,643,613,000 after acquiring an additional 285,582 shares during the last quarter. Capital International Investors grew its stake in shares of Micron Technology by 0.7% during the third quarter. Capital International Investors now owns 23,372,821 shares of the semiconductor manufacturer’s stock worth $3,910,198,000 after purchasing an additional 155,860 shares during the period. Invesco Ltd. grew its stake in shares of Micron Technology by 8.0% during the third quarter. Invesco Ltd. now owns 9,622,166 shares of the semiconductor manufacturer’s stock worth $1,609,981,000 after purchasing an additional 708,716 shares during the period. Finally, Legal & General Group Plc grew its stake in shares of Micron Technology by 1.9% during the third quarter. Legal & General Group Plc now owns 7,275,842 shares of the semiconductor manufacturer’s stock worth $1,217,394,000 after purchasing an additional 135,850 shares during the period. Institutional investors own 80.84% of the company’s stock.

Micron Technology Stock Up 6.3%

NASDAQ:MU opened at $576.45 on Tuesday. Micron Technology, Inc. has a 1 year low of $78.54 and a 1 year high of $592.80. 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 cap of $650.08 billion, a price-to-earnings ratio of 27.22 and a beta of 1.91. The stock has a 50-day moving average price of $422.13 and a two-hundred day moving average price of $338.52.

Micron Technology Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Monday, March 30th were paid a $0.15 dividend. The ex-dividend date of this dividend was Monday, March 30th. This is a positive change from Micron Technology’s previous quarterly dividend of $0.12. This represents a $0.60 dividend on an annualized basis and a yield of 0.1%. Micron Technology’s payout ratio is presently 2.83%.

Analyst Upgrades and Downgrades

MU has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft lifted their price objective on Micron Technology from $500.00 to $550.00 and gave the stock a “buy” rating in a research note on Thursday, March 19th. Wells Fargo & Company lifted their price objective on Micron Technology from $470.00 to $550.00 and gave the stock an “overweight” rating in a research note on Thursday, March 19th. UBS Group lifted their price objective on Micron Technology from $510.00 to $535.00 and gave the stock a “buy” rating in a research note on Wednesday, April 8th. Phillip Securities raised Micron Technology to a “strong-buy” rating in a research note on Monday, February 2nd. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Micron Technology in a research note on Thursday, January 29th. Five investment 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 company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $478.24.

More Micron Technology News

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

• Positive Sentiment: Melius Research initiated coverage with a Buy and $700 price target, citing memory’s central role in AI hardware and reinforcing the bullish analyst momentum supporting MU. Melius Research Beings Coverage of Micron Technology (MU) Stock
• Positive Sentiment: Wall Street price?target increases (including a reported $1,000 target) and positive note flow are amplifying buying pressure as brokers revise forecasts on stronger AI/HBM demand. Micron stock surges 9%: how high can it go?
• Positive Sentiment: Hyperscalers have reportedly confirmed rising memory costs and demand for HBM4, supporting expectations of tight supply through 2028 — a structural tailwind for Micron’s pricing and margins. What’s Going On With Micron Technology Stock Monday?
• Positive Sentiment: Mizuho and other analysts remain bullish on DRAM exposure as AI CPU investments ramp, calling Micron attractive on valuation vs. growth prospects. Mizuho Says Micron (MU) Cheap as Memory Demand Grows
• Neutral Sentiment: Media pieces are highlighting Micron’s parabolic YTD and 1?year returns and questioning whether momentum is running ahead of fundamentals; these articles increase attention but don’t add new fundamental data. Micron Jumps 7%: Is the Memory Maker Now a Structural AI Winner?
• Neutral Sentiment: Algorithmic price predictions and retail?oriented writeups (machine?learning forecasts) are circulating; they can attract trading interest but carry limited informational value for fundamentals. Machine learning algorithm predicts Micron stock price on May 31, 2026
• Negative Sentiment: Some analysts and commentators argue other AI semiconductor names could outperform Micron long term, introducing relative?performance risk and prompting caution about current valuation after the massive run. Prediction: This Will Be the Top-Performing Artificial Intelligence (AI) Semiconductor Stock Over the Next Year.

Insider Transactions at Micron Technology

In other Micron Technology news, EVP April S. Arnzen sold 40,000 shares of the business’s stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $347.39, for a total value of $13,895,600.00. Following the completion of the transaction, the executive vice president directly owned 125,737 shares of the company’s stock, valued at approximately $43,679,776.43. The trade was a 24.13% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sumit Sadana sold 24,000 shares of the business’s stock in a transaction dated Friday, April 10th. The shares were sold at an average price of $421.35, for a total value of $10,112,400.00. Following the completion of the transaction, the executive vice president directly owned 224,021 shares of the company’s stock, valued at approximately $94,391,248.35. The trade was a 9.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.24% of the stock is currently owned by insiders.

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.