World Investment Advisors Buys 3,917 Shares of Micron Technology, Inc. $MU

World Investment Advisors increased its stake in Micron Technology, Inc. (NASDAQ:MU) by 38.1% during the fourth quarter, HoldingsChannel reports. The firm owned 14,185 shares of the semiconductor manufacturer’s stock after acquiring an additional 3,917 shares during the period. World Investment Advisors’ holdings in Micron Technology were worth $4,049,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently modified their holdings of the stock. Topsail Wealth Management LLC bought a new stake in shares of Micron Technology in the 4th quarter worth approximately $252,000. Cascades Capital Asset Management LLC raised its holdings in shares of Micron Technology by 12.5% in the 4th quarter. Cascades Capital Asset Management LLC now owns 3,085 shares of the semiconductor manufacturer’s stock worth $880,000 after purchasing an additional 342 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al raised its holdings in shares of Micron Technology by 68.0% in the 4th quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 398,586 shares of the semiconductor manufacturer’s stock worth $113,760,000 after purchasing an additional 161,386 shares during the period. Continuum Wealth Advisors LLC bought a new stake in shares of Micron Technology in the 4th quarter worth approximately $354,000. Finally, Investors Asset Management of Georgia Inc. GA ADV raised its holdings in shares of Micron Technology by 6.4% in the 4th quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 1,655 shares of the semiconductor manufacturer’s stock worth $472,000 after purchasing an additional 100 shares during the period. Institutional investors own 80.84% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on MU. Barclays boosted their target price on shares of Micron Technology from $450.00 to $675.00 and gave the company an “overweight” rating in a report on Thursday, March 19th. KeyCorp boosted their target price on shares of Micron Technology from $450.00 to $600.00 and gave the company an “overweight” rating in a report on Thursday, March 19th. Stifel Nicolaus boosted their target price on shares of Micron Technology from $360.00 to $550.00 and gave the company a “buy” rating in a report on Monday, March 2nd. Weiss Ratings reissued a “buy (b)” rating on shares of Micron Technology in a report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on shares of Micron Technology from $500.00 to $550.00 and gave the company a “buy” rating in a report on Thursday, March 19th. Five equities research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, Micron Technology presently has an average rating of “Buy” and a consensus target price of $495.63.

Micron Technology Trading Down 3.4%

Micron Technology stock opened at $776.01 on Friday. The stock has a market cap of $875.13 billion, a P/E ratio of 36.64 and a beta of 1.91. Micron Technology, Inc. has a fifty-two week low of $90.93 and a fifty-two week high of $818.67. The firm’s fifty day moving average price is $472.61 and its 200-day moving average price is $368.17. 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 declared a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Monday, March 30th were issued a $0.15 dividend. The ex-dividend date of this dividend was Monday, March 30th. This is an increase from Micron Technology’s previous quarterly dividend of $0.12. This represents a $0.60 annualized dividend and a dividend yield of 0.1%. 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 on Wednesday, April 1st. The shares were sold at an average price of $347.39, for a total value of $13,895,600.00. Following the transaction, the executive vice president owned 125,737 shares of the company’s stock, valued at approximately $43,679,776.43. This represents a 24.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed 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 company’s stock in a transaction on 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 transaction, the executive vice president directly owned 224,021 shares in the company, valued at approximately $94,391,248.35. The trade was a 9.68% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 106,000 shares of company stock worth $47,032,460. Company insiders own 0.24% of the company’s stock.

More Micron Technology News

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

• Positive Sentiment: Bank of America sharply raised its price target on Micron to $950 from $500 and kept a Buy rating, citing stronger demand for high-performance memory chips used in AI servers and data centers. BofA Sees More Room for Micron’s AI Rally
• Positive Sentiment: Multiple articles highlighted Micron as one of the biggest winners in the AI infrastructure buildout, with tight supply in DRAM, NAND, and especially high-bandwidth memory helping support pricing power and future earnings growth. Micron Stock Price Could Hit $1,000 — 3 ETFs to Ride the Big AI Rally
• Positive Sentiment: Analysts and commentators continue to argue that Micron’s recent record results and long-term HBM contracts show that AI demand is not just a short-term theme, but a structural growth driver. A Look At Micron Technology (MU) Valuation As AI Memory Demand Drives Record Results And Long Term HBM Contracts
• Neutral Sentiment: One director sold a relatively small amount of stock, which may add a modest headline overhang but does not appear to change the core investment thesis. Steven Gomo Sells 2,000 Shares of Micron Technology (NASDAQ:MU) Stock
• Neutral Sentiment: Some recent commentary warns that Micron has risen very quickly, so investors may be watching for volatility, profit-taking, or a pause after the sharp rally. Micron Investors Face a High-Stakes Moment After the Latest Rally
• Negative Sentiment: Several headlines noted that Micron’s stock slipped on a day when the broader market was higher, suggesting some traders are locking in gains after an extended AI-driven surge. Micron (MU) Stock Sinks As Market Gains: Here’s Why

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.