Gateway Investment Advisers LLC Acquires 32,720 Shares of Micron Technology, Inc. $MU

Gateway Investment Advisers LLC raised its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 20.9% during the fourth quarter, HoldingsChannel reports. The firm owned 189,040 shares of the semiconductor manufacturer’s stock after buying an additional 32,720 shares during the quarter. Gateway Investment Advisers LLC’s holdings in Micron Technology were worth $53,954,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC raised its position in Micron Technology by 18.3% in the 4th quarter. Brighton Jones LLC now owns 6,318 shares of the semiconductor manufacturer’s stock worth $532,000 after purchasing an additional 976 shares during the period. Sivia Capital Partners LLC raised its position in Micron Technology by 21.7% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,528 shares of the semiconductor manufacturer’s stock valued at $435,000 after purchasing an additional 628 shares in the last quarter. United Bank bought a new stake in shares of Micron Technology in the second quarter valued at about $236,000. Schnieders Capital Management LLC. lifted its position in shares of Micron Technology by 67.9% in the 2nd quarter. Schnieders Capital Management LLC. now owns 16,984 shares of the semiconductor manufacturer’s stock worth $2,093,000 after purchasing an additional 6,867 shares during the period. Finally, Sei Investments Co. lifted its holdings in Micron Technology by 5.6% during the second quarter. Sei Investments Co. now owns 405,545 shares of the semiconductor manufacturer’s stock worth $49,987,000 after buying an additional 21,619 shares during the period. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Micron Technology Price Performance

Shares of NASDAQ MU opened at $666.14 on Thursday. 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 firm has a 50-day simple moving average of $431.27 and a 200-day simple moving average of $344.94. Micron Technology, Inc. has a 52 week low of $80.20 and a 52 week high of $667.67. The stock has a market capitalization of $751.23 billion, a price-to-earnings ratio of 31.45 and a beta of 1.91.

Micron Technology Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Monday, March 30th were given a dividend of $0.15 per share. The ex-dividend date 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 dividend payout ratio (DPR) is 2.83%.

Analyst Ratings Changes

Several research firms have commented on MU. Deutsche Bank Aktiengesellschaft increased their price target on shares of Micron Technology from $500.00 to $550.00 and gave the company a “buy” rating in a research report on Thursday, March 19th. Phillip Securities upgraded Micron Technology to a “strong-buy” rating in a research note on Monday, February 2nd. Wedbush increased their price objective on shares of Micron Technology from $320.00 to $500.00 and gave the stock an “outperform” rating in a research note on Friday, March 13th. JPMorgan Chase & Co. raised their target price on Micron Technology from $350.00 to $550.00 and gave the stock an “overweight” rating in a report on Thursday, March 19th. Finally, TD Cowen lifted their price objective on shares of Micron Technology from $550.00 to $660.00 and gave the company a “buy” rating in a report on Tuesday, April 28th. Five investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, Micron Technology currently has a consensus rating of “Buy” and a consensus target price of $478.24.

Insider Activity

In other news, 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 transaction of $10,112,400.00. Following the transaction, the executive vice president 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 position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Sanjay Mehrotra sold 40,000 shares of the stock in a transaction that occurred on 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 completion of the sale, the chief executive officer directly owned 424,503 shares of the company’s stock, valued at approximately $227,643,978.78. This trade represents a 8.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 104,000 shares of company stock valued at $45,458,400. 0.24% of the stock is currently owned by insiders.

Key Stories Impacting Micron Technology

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

• Positive Sentiment: Micron began shipping its industry?leading 245TB 6600 ION data?center SSD, strengthening its product edge in high?capacity AI/storage markets and supporting near?term revenue upside. Industry-Leading 245TB Micron 6600 ION Data Center SSD Now Shipping
• Positive Sentiment: Tight supply across DRAM, NAND and HBM is allowing Micron to raise prices and expand gross margins — a key fundamental driver behind the rally and stronger cash?flow expectations. Still Time to Pay Up for Micron & Sandisk Stock?
• Positive Sentiment: Sector momentum from AI chip winners (strong AMD results, broader chip upgrades) and a memory?stock rally (Samsung hitting major market?cap milestones) is lifting MU alongside peers. Analyst upgrades and higher targets have amplified buying. Micron zooms past $700 billion market cap as rally in memory stocks accelerates
• Positive Sentiment: Unusual options flows (large put trades interpreted by some traders as contrarian/bullish positioning) have been cited as evidence of speculative conviction and add to short?term liquidity. Micron Technology huge, unusual put option activity – a bullish signal as MU rises 12%
• Neutral Sentiment: Heavy social/media discussion about MU breaking key price levels and HBM sold?out claims is amplifying momentum but also increasing intraday volatility and retail trading flow sensitivity. Micron Technology Stock (MU) Opinions on Breaking $600 Barrier
• Neutral Sentiment: Large institutional rebalancing (big additions and trims across funds) shows mixed positioning — supports liquidity but makes MU sensitive to fund flows. Quiver Quantitative institutional holdings summary
• Negative Sentiment: CEO Sanjay Mehrotra sold 40,000 shares (SEC filing), a headline?sensitive event that can prompt short?term selling despite his retained large stake. SEC Filing: Insider Sale
• Negative Sentiment: Analysts and commentators warn MU is overbought (RSI in overbought territory) and flag risks: demand re?equilibration, model efficiency reducing memory intensity, concentration of AI demand, and manufacturing constraints that could limit near?term revenue conversion. These raise pullback risk after a sharp run. Analyst warns of a peak in Micron stock

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.