Maxele Advisors LLC Takes Position in Micron Technology, Inc. $MU

Maxele Advisors LLC purchased a new stake in Micron Technology, Inc. (NASDAQ:MU) in the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 755 shares of the semiconductor manufacturer’s stock, valued at approximately $215,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Halter Ferguson Financial Inc. purchased a new position in shares of Micron Technology during the 4th quarter worth approximately $11,813,000. Triton Wealth Management PLLC purchased a new position in shares of Micron Technology during the 4th quarter worth approximately $199,000. Williams & Novak LLC boosted its position in shares of Micron Technology by 2.3% during the 4th quarter. Williams & Novak LLC now owns 1,581 shares of the semiconductor manufacturer’s stock worth $451,000 after purchasing an additional 35 shares during the period. WJ Wealth Management LLC boosted its position in shares of Micron Technology by 11.8% during the 4th quarter. WJ Wealth Management LLC now owns 1,118 shares of the semiconductor manufacturer’s stock worth $319,000 after purchasing an additional 118 shares during the period. Finally, Avantax Planning Partners Inc. boosted its position in shares of Micron Technology by 11.3% during the 4th quarter. Avantax Planning Partners Inc. now owns 2,160 shares of the semiconductor manufacturer’s stock worth $617,000 after purchasing an additional 219 shares during the period. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Insider Buying and Selling at Micron Technology

In other Micron Technology news, Director Steven J. Gomo sold 2,000 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $787.03, for a total value of $1,574,060.00. Following the completion of the transaction, the director owned 17,139 shares of the company’s stock, valued at $13,488,907.17. This trade represents a 10.45% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Sanjay Mehrotra sold 40,000 shares of the firm’s 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 transaction, the chief executive officer directly owned 424,503 shares of the company’s stock, valued at $227,643,978.78. This represents a 8.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 106,000 shares of company stock worth $47,032,460. 0.24% of the stock is currently owned by corporate insiders.

Key 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 long-term demand for high-performance memory used in AI servers and data centers. BofA Sees More Room for Micron’s AI Rally
• Positive Sentiment: Multiple articles highlighted Micron as a major winner from the AI buildout, with record results, strong sequential growth, and all of its 2026 HBM output already contracted to major tech customers. A Look At Micron Technology (MU) Valuation As AI Memory Demand Drives Record Results And Long Term HBM Contracts
• Positive Sentiment: Micron also unveiled/started sampling a high-capacity 256GB DDR5 server module built on 1-gamma DRAM, reinforcing its positioning in AI and data-center infrastructure. Micron (MU) Samples High-Speed 256GB DDR5 RDIMMs Built on 1-Gamma DRAM Tech
• Neutral Sentiment: Several pieces note that Micron’s valuation has already soared dramatically, so some investors are watching for volatility or a pullback after the steep rally. Micron Investors Face a High-Stakes Moment After the Latest Rally
• Neutral Sentiment: News that a director sold 2,000 shares may add a small overhang, but it looks more like routine insider selling than a fundamental warning. Steven Gomo Sells 2,000 Shares of Micron Technology (NASDAQ:MU) Stock
• Negative Sentiment: One Zacks headline framed the move lower as a reaction to the stock’s sharp recent rally, suggesting traders may be taking profits even as the broader AI narrative stays intact. Micron (MU) Stock Sinks As Market Gains: Here’s Why

Wall Street Analysts Forecast Growth

MU has been the subject of a number of research analyst reports. UBS Group increased their price objective on shares of Micron Technology from $510.00 to $535.00 and gave the stock a “buy” rating in a research report on Wednesday, April 8th. Needham & Company LLC increased their price objective on shares of Micron Technology from $450.00 to $500.00 and gave the stock a “buy” rating in a research report on Thursday, March 19th. Morgan Stanley increased their price objective on shares of Micron Technology from $350.00 to $450.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 11th. Melius Research initiated coverage on shares of Micron Technology in a research report on Monday, April 27th. They set a “buy” rating and a $700.00 price objective for the company. Finally, 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 report on Friday, March 13th. 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 stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $495.63.

Micron Technology Stock Performance

Shares of MU stock opened at $776.01 on Friday. The company has a quick ratio of 2.32, a current ratio of 2.90 and a debt-to-equity ratio of 0.13. Micron Technology, Inc. has a 52 week low of $90.93 and a 52 week high of $818.67. The stock has a market capitalization of $875.13 billion, a PE ratio of 36.64 and a beta of 1.91. The firm has a 50 day moving average of $472.61 and a two-hundred day moving average of $368.17.

Micron Technology Increases Dividend

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

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.