LaFleur & Godfrey LLC Takes Position in Micron Technology, Inc. $MU

LaFleur & Godfrey 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 and Exchange Commission (SEC). The institutional investor bought 799 shares of the semiconductor manufacturer’s stock, valued at approximately $228,000.

Several other institutional investors also recently bought and sold shares of the stock. Brighton Jones LLC increased its holdings in shares of Micron Technology by 18.3% in the fourth 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 last quarter. Sivia Capital Partners LLC boosted its stake in Micron Technology by 21.7% during the second quarter. Sivia Capital Partners LLC now owns 3,528 shares of the semiconductor manufacturer’s stock valued at $435,000 after buying an additional 628 shares during the last quarter. United Bank bought a new position in Micron Technology during the second quarter valued at approximately $236,000. Schnieders Capital Management LLC. grew its holdings in Micron Technology by 67.9% during the 2nd quarter. Schnieders Capital Management LLC. now owns 16,984 shares of the semiconductor manufacturer’s stock valued at $2,093,000 after buying an additional 6,867 shares in the last quarter. Finally, Sei Investments Co. increased its stake in Micron Technology by 5.6% in the 2nd quarter. Sei Investments Co. now owns 405,545 shares of the semiconductor manufacturer’s stock worth $49,987,000 after acquiring an additional 21,619 shares during the last quarter. 80.84% of the stock is owned by hedge funds and other institutional investors.

Micron Technology Stock Performance

NASDAQ MU opened at $666.14 on Thursday. The business’s 50 day moving average price is $431.27 and its 200-day moving average price is $344.94. Micron Technology, Inc. has a fifty-two week low of $80.20 and a fifty-two week high of $667.67. The company has a market cap of $751.23 billion, a P/E ratio of 31.45 and a beta of 1.91. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.32 and a current ratio of 2.90.

Micron Technology Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Monday, March 30th were 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 a positive change from Micron Technology’s previous quarterly dividend of $0.12. The ex-dividend date was Monday, March 30th. Micron Technology’s dividend payout ratio (DPR) is presently 2.83%.

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

Analysts Set New Price Targets

MU has been the topic of several recent research reports. Mizuho upped their price objective on Micron Technology from $480.00 to $530.00 and gave the stock an “outperform” rating in a report on Thursday, March 19th. Melius Research began coverage on shares of Micron Technology in a research report on Monday, April 27th. They issued a “buy” rating and a $700.00 price target on the stock. Wedbush upped their price target on shares of Micron Technology from $320.00 to $500.00 and gave the company an “outperform” rating in a research note on Friday, March 13th. Citigroup lowered their price objective on shares of Micron Technology from $510.00 to $425.00 and set a “buy” rating for the company in a research report on Tuesday, March 31st. Finally, Rosenblatt Securities reissued a “buy” rating and issued a $500.00 price objective on shares of Micron Technology in a research note on Monday, March 16th. Five investment analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $478.24.

Insider Activity

In other news, CEO Sanjay Mehrotra sold 40,000 shares of the firm’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $536.26, for a total value of $21,450,400.00. Following the completion of the sale, the chief executive officer owned 424,503 shares in the company, valued at approximately $227,643,978.78. This trade represents a 8.61% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Sumit Sadana sold 24,000 shares of the stock in a transaction dated Friday, April 10th. The stock was sold at an average price of $421.35, for a total transaction of $10,112,400.00. Following the completion of the sale, the executive vice president directly owned 224,021 shares in the company, valued at $94,391,248.35. This trade represents a 9.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over 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 company 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.