AE Wealth Management LLC Has $91.68 Million Stock Position in Micron Technology, Inc. $MU

Key Points

• AE Wealth Management LLC trimmed its stake in Micron by 9.9%, selling 35,416 shares and ending the quarter with 321,234 shares valued at about $91.68 million per its latest 13F filing.
• Micron raised its quarterly dividend to $0.15 (annualized $0.60) and the stock is trading near record highs (around $457) with a $515.6 billion market cap; analysts maintain an overall Buy consensus with a $464.61 average target and several firms lifting price targets above $500.
• Insiders have been net sellers recently—EVPs Sumit Sadana and Manish Bhatia sold sizable blocks in Jan–Feb and insiders disposed of 115,623 shares worth roughly $45.17 million over the past 90 days, a sign of short‑term profit‑taking.

AE Wealth Management LLC reduced its stake in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) by 9.9% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 321,234 shares of the semiconductor manufacturer's stock after selling 35,416 shares during the period. AE Wealth Management LLC's holdings in Micron Technology were worth $91,684,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. REAP Financial Group LLC bought a new position in shares of Micron Technology during the 3rd quarter worth approximately $25,000. Barnes Dennig Private Wealth Management LLC bought a new position in shares of Micron Technology during the 3rd quarter worth approximately $27,000. Elevation Wealth Partners LLC grew its stake in shares of Micron Technology by 295.8% during the 4th quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer's stock worth $27,000 after acquiring an additional 71 shares in the last quarter. Steigerwald Gordon & Koch Inc. grew its stake in shares of Micron Technology by 4,800.0% during the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 98 shares of the semiconductor manufacturer's stock worth $28,000 after acquiring an additional 96 shares in the last quarter. Finally, Cullen Frost Bankers Inc. grew its stake in shares of Micron Technology by 79.3% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 199 shares of the semiconductor manufacturer's stock worth $33,000 after acquiring an additional 88 shares in the last quarter. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Micron Technology Trading Up 0.2%

MU stock opened at $457.23 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.90 and a quick ratio of 2.32. The company has a fifty day moving average price of $405.20 and a two-hundred day moving average price of $315.27. Micron Technology, Inc. has a one year low of $65.64 and a one year high of $471.34. The stock has a market cap of $515.63 billion, a price-to-earnings ratio of 21.59 and a beta of 1.60.

Micron Technology Increases Dividend

The business 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 of this dividend was Monday, March 30th. Micron Technology's dividend payout ratio (DPR) is presently 2.83%.

Insiders Place Their Bets

In other news, EVP Sumit Sadana sold 25,000 shares of Micron Technology stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $429.89, for a total value of $10,747,250.00. Following the completion of the sale, the executive vice president directly owned 248,021 shares in the company, valued at approximately $106,621,747.69. The trade was a 9.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Manish H. Bhatia sold 26,623 shares of Micron Technology stock in a transaction that occurred on Thursday, January 22nd. The shares were sold at an average price of $391.04, for a total transaction of $10,410,657.92. Following the completion of the sale, the executive vice president owned 323,486 shares of the company's stock, valued at approximately $126,495,965.44. The trade was a 7.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 115,623 shares of company stock valued at $45,165,908 over the last ninety days. 0.24% of the stock is currently owned by company insiders.

Micron Technology News Roundup

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

• Positive Sentiment: Micron has locked long‑term, volume agreements that commit much of its advanced memory (HBM/DRAM) capacity through 2027, improving revenue visibility and supporting bullish investor flows. Micron Sells Out Advanced Memory To 2027 Raising Questions On Valuation
• Positive Sentiment: Analysts are lifting revenue and FCF forecasts and raising price targets, which is drawing thematic AI and momentum buyers into MU. Analysts Hike Their Micron Estimates, Pushing MU Stock Price Targets Higher
• Positive Sentiment: Margins have expanded sharply as Micron captures higher pricing and favorable HBM/DRAM mix tied to AI server demand, underpinning earnings upgrades. Can Micron's Margin Expansion Continue Amid Strong AI Demand?
• Neutral Sentiment: New DRAM‑focused ETFs and broader tech/AI ETFs could funnel more passive and thematic dollars into large memory names like Micron, concentrating both inflows and sector exposure. This New ETF Aims to Capitalize on Surging AI Memory Chip Demand (MU)
• Neutral Sentiment: Broader AI‑chip narratives (including developments at Nvidia and others) are keeping memory stocks in focus; sector leadership can lift MU but also increases sensitivity to cross‑name volatility. Nvidia's impressive rally faces one big test
• Negative Sentiment: ASML’s post‑earnings pullback rippled through the chip supply chain, prompting some traders to trim gains in memory and related names. That sector reaction is a near‑term headwind for MU. ASML Falls Post-Earnings, Chip-Making Expansion Anchors Outlook (MU)
• Negative Sentiment: Insider selling by EVP Sumit Sadana (disclosed ~$10.1M block) is being viewed by some as profit‑taking and adds short‑term caution for new buyers. Micron’s (MU) Key Insider Sells $10.1M in Stock – Is This a Red Flag or Just Profit‑Taking?
• Negative Sentiment: Several commentators warn the stock’s rapid run may price in strong outcomes already, flagging valuation and cyclical demand risk that could amplify pullbacks after record highs. Micron's AI Surge Is Driven By Profit, Not Hype

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. Summit Insights cut shares of Micron Technology from a "buy" rating to a "hold" rating in a research note on Thursday, March 19th. Stifel Nicolaus raised their price target on shares of Micron Technology from $360.00 to $550.00 and gave the stock a "buy" rating in a research note on Monday, March 2nd. Piper Sandler raised their target price on shares of Micron Technology from $275.00 to $400.00 and gave the company an "overweight" rating in a research note on Wednesday, January 7th. Rosenblatt Securities reissued a "buy" rating and issued a $500.00 target price on shares of Micron Technology in a research note on Monday, March 16th. Finally, William Blair initiated coverage on shares of Micron Technology in a research note on Thursday, January 22nd. They issued an "outperform" rating for the company. Five analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and four have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus target price of $464.61.

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.

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