Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group Sells 37,000 Shares of Micron Technology, Inc. $MU

Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group decreased its stake in Micron Technology, Inc. (NASDAQ:MU) by 45.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,000 shares of the semiconductor manufacturer’s stock after selling 37,000 shares during the quarter. Micron Technology makes up about 6.3% of Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group’s investment portfolio, making the stock its 5th largest position. Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group’s holdings in Micron Technology were worth $12,843,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also bought and sold shares of the stock. Brighton Jones LLC boosted its stake in 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 in the last quarter. Sivia Capital Partners LLC boosted its stake in Micron Technology by 21.7% in the second quarter. Sivia Capital Partners LLC now owns 3,528 shares of the semiconductor manufacturer’s stock worth $435,000 after purchasing an additional 628 shares in the last quarter. United Bank acquired a new position in Micron Technology in the second quarter worth $236,000. Schnieders Capital Management LLC. boosted its stake in Micron Technology by 67.9% in the second 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 in the last quarter. Finally, Sei Investments Co. boosted its stake in Micron Technology by 5.6% in the second quarter. Sei Investments Co. now owns 405,545 shares of the semiconductor manufacturer’s stock worth $49,987,000 after purchasing an additional 21,619 shares in the last quarter. Institutional investors and hedge funds own 80.84% of the company’s stock.

Insiders Place Their Bets

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, CEO Sanjay Mehrotra sold 40,000 shares of the business’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 transaction, the chief executive officer directly owned 424,503 shares of the company’s stock, valued at approximately $227,643,978.78. The trade was a 8.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 106,000 shares of company stock valued at $47,032,460 in the last three months. Insiders own 0.24% of the company’s stock.

Micron Technology Trading Down 3.4%

NASDAQ MU opened at $776.01 on Friday. Micron Technology, Inc. has a 12 month low of $90.93 and a 12 month high of $818.67. 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 company has a market capitalization of $875.13 billion, a PE ratio of 36.64 and a beta of 1.91. The stock has a 50-day simple moving average of $472.61 and a 200 day simple moving average of $368.17.

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%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the company. Morgan Stanley boosted their price objective on Micron Technology from $350.00 to $450.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 11th. Susquehanna boosted their target price on Micron Technology from $345.00 to $525.00 and gave the stock a “positive” rating in a research report on Monday, March 9th. Needham & Company LLC upped their price objective on Micron Technology from $450.00 to $500.00 and gave the company a “buy” rating in a report on Thursday, March 19th. Summit Insights downgraded Micron Technology from a “buy” rating to a “hold” rating in a report on Thursday, March 19th. Finally, Bank of America upped their price objective on Micron Technology from $400.00 to $500.00 and gave the company a “buy” rating in a report on Thursday, March 19th. Five research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, Micron Technology has a consensus rating of “Buy” and a consensus price target of $495.63.

Key Stories Impacting Micron Technology

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

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.