AssuredPartners Investment Advisors LLC Has $9.57 Million Stock Holdings in Micron Technology, Inc. $MU

Key Points

• AssuredPartners Investment Advisors LLC increased its Micron stake 5.6% in Q4 to 33,542 shares worth $9.57 million, about 1.4% of its portfolio and the firm's 14th largest holding.
• Company insiders have been selling substantial blocks recently—EVP April Arnzen sold 40,000 shares (~$13.9M) and EVP Sumit Sadana sold 24,000 shares (~$10.1M), with insiders totaling 104,000 shares sold (~$45.46M) over the past 90 days.
• Analysts are broadly bullish, with several firms raising price targets (e.g., Melius $700, BofA $500, KeyCorp $600) and a MarketBeat average target of $478.24, while the stock trades up and Micron's market cap is about $722 billion.

AssuredPartners Investment Advisors LLC increased its stake in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) by 5.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,542 shares of the semiconductor manufacturer's stock after purchasing an additional 1,776 shares during the quarter. Micron Technology makes up about 1.4% of AssuredPartners Investment Advisors LLC's portfolio, making the stock its 14th largest holding. AssuredPartners Investment Advisors LLC's holdings in Micron Technology were worth $9,573,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. REAP Financial Group LLC bought a new position in shares of Micron Technology during the third quarter valued at $25,000. Barnes Dennig Private Wealth Management LLC bought a new position in shares of Micron Technology during the third quarter valued at $27,000. Elevation Wealth Partners LLC raised its stake in shares of Micron Technology by 295.8% during the fourth quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer's stock valued at $27,000 after acquiring an additional 71 shares during the last quarter. Steigerwald Gordon & Koch Inc. raised its stake in shares of Micron Technology by 4,800.0% during the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 98 shares of the semiconductor manufacturer's stock valued at $28,000 after acquiring an additional 96 shares during the last quarter. Finally, GHP Investment Advisors Inc. raised its stake in shares of Micron Technology by 91.2% during the fourth quarter. GHP Investment Advisors Inc. now owns 109 shares of the semiconductor manufacturer's stock valued at $31,000 after acquiring an additional 52 shares during the last quarter. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Micron Technology news, EVP April S. Arnzen sold 40,000 shares of the firm'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 completion of the sale, the executive vice president directly owned 125,737 shares in the company, valued at approximately $43,679,776.43. This trade 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 this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sumit Sadana sold 24,000 shares of the firm'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 sale, the executive vice president owned 224,021 shares of the company's stock, valued at $94,391,248.35. The trade was a 9.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 104,000 shares of company stock worth $45,458,400. 0.24% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

MU has been the subject of several analyst reports. Melius Research initiated coverage on shares of Micron Technology in a research note on Monday, April 27th. They set a "buy" rating and a $700.00 price target for the company. Bank of America raised their price target on shares of Micron Technology from $400.00 to $500.00 and gave the company a "buy" 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 company a "buy" rating in a research note on Monday, March 2nd. Sanford C. Bernstein raised their price target on shares of Micron Technology from $330.00 to $510.00 and gave the company an "outperform" rating in a research note on Wednesday, March 18th. Finally, KeyCorp raised their price target on shares of Micron Technology from $450.00 to $600.00 and gave the company an "overweight" rating in a research note on Thursday, March 19th. Five equities research 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 company's stock. Based on data from MarketBeat.com, Micron Technology has an average rating of "Buy" and an average price target of $478.24.

More Micron Technology News

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, a product that strengthens its position in high‑capacity AI/storage markets and supports sales upside. Industry-Leading 245TB Micron 6600 ION Data Center SSD Now Shipping
• Positive Sentiment: Tight DRAM/NAND/HBM supply and dramatic price increases have boosted margins and cash flow expectations, underpinning the rally in MU as customers scramble for capacity. Still Time to Pay Up for Micron & Sandisk Stock?
• Positive Sentiment: Sector momentum and analyst support lifted MU past major milestones (including a >$700B market cap), with multiple firms increasing price targets and coverage amid the AI infrastructure boom. Micron zooms past $700 billion market cap as rally in memory stocks accelerates
• Positive Sentiment: Options flow shows unusual activity (large put trades being interpreted by some as a bullish signal), which traders cite as another sign of speculative positioning and conviction. Micron Technology huge, unusual put option activity - a bullish signal as MU rises 12%
• Neutral Sentiment: Heavy social and media chatter around MU breaking $600 and HBM supply sold‑out through 2026 is amplifying momentum but also feeding short‑term volatility. Micron Technology Stock (MU) Opinions on Breaking $600 Barrier
• Neutral Sentiment: Large institutional rebalancing (examples of big buys and big sells across funds) shows mixed positioning among fiduciaries — supports liquidity but increases sensitivity to flows. Quiver Quantitative institutional holdings summary
• Negative Sentiment: CEO Sanjay Mehrotra sold 40,000 shares (filed with the SEC), which can trigger selling headlines even though he retains a large stake. SEC Filing: Insider Sale
• Negative Sentiment: Several analysts and commentators caution that MU is overbought (RSI in the 80s), that supply/demand could re‑equilibrate and that recent gains warrant profit‑taking or position trimming. Those warnings raise pullback risk after rapid gains. Analyst warns of a peak in Micron stock
• Negative Sentiment: A few sell/downgrade arguments highlight risks: model efficiency reducing memory intensity, concentration of AI demand, and near‑term manufacturing constraints that could limit how fast product wins translate to revenue. Micron: I'm Trimming My Position Despite The AI Gold Rush

Micron Technology Trading Up 11.0%

MU opened at $640.10 on Wednesday. Micron Technology, Inc. has a twelve month low of $78.54 and a twelve month high of $651.74. The company has a quick ratio of 2.32, a current ratio of 2.90 and a debt-to-equity ratio of 0.13. The company has a fifty day moving average of $426.37 and a 200-day moving average of $341.68. The stock has a market cap of $721.86 billion, a PE ratio of 30.22 and a beta of 1.91.

Micron Technology Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Monday, March 30th were issued a $0.15 dividend. The ex-dividend date 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 dividend payout ratio is 2.83%.

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.

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