Benchmark Investment Advisors LLC Makes New Investment in Micron Technology, Inc. $MU

Key Points

• Benchmark Investment Advisors bought a new stake of 3,927 Micron shares in Q3 valued at about $657,000, and several other institutions added positions as institutional ownership stands at roughly 80.84%.
• Analysts have turned noticeably bullish—multiple price-target raises (as high as $525, with Wedbush at $500)—citing stronger-than-expected memory pricing, HBM capacity sold out for 2026 and AI-driven demand; Micron also recently beat quarterly estimates with $4.78 EPS and $13.64B revenue.
• Insiders have been net sellers recently (73,623 shares sold vs. 23,200 bought in the last 90 days), leaving insider ownership at about 0.24%, while the stock trades near its one-year high and a market cap around $480B.

Benchmark Investment Advisors LLC bought a new stake in Micron Technology, Inc. (NASDAQ:MU - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 3,927 shares of the semiconductor manufacturer's stock, valued at approximately $657,000.

A number of other institutional investors and hedge funds have also made changes to their positions in MU. REAP Financial Group LLC acquired a new stake in shares of Micron Technology during the 3rd quarter valued at approximately $25,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of Micron Technology in the 3rd quarter worth approximately $27,000. Howard Hughes Medical Institute purchased a new position in Micron Technology in the 2nd quarter valued at approximately $30,000. Cullen Frost Bankers Inc. raised its holdings in Micron Technology by 79.3% during the third quarter. Cullen Frost Bankers Inc. now owns 199 shares of the semiconductor manufacturer's stock worth $33,000 after purchasing an additional 88 shares during the last quarter. Finally, WealthCollab LLC raised its holdings in Micron Technology by 4,500.0% during the second quarter. WealthCollab LLC now owns 276 shares of the semiconductor manufacturer's stock worth $34,000 after purchasing an additional 270 shares during the last quarter. 80.84% of the stock is owned by institutional investors and hedge funds.

Key Micron Technology News

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

• Positive Sentiment: Wedbush raised its price target to $500 and reiterated an Outperform rating, citing stronger-than-expected memory pricing as the driver behind the upgrade. Micron Technology price target boosted on stronger-than-expected memory pricing
• Positive Sentiment: Analysts and reports say HBM capacity is effectively sold out for 2026 and DRAM/NAND pricing remains on a strong trajectory, supporting margin upside and near-term revenue visibility. Micron Technology: HBM Sold Out For 2026, Wall Street Is Still Underpricing
• Positive Sentiment: Street previews expect a “monster” Q2: consensus models show very large YoY revenue and EPS growth driven by AI memory demand and operating leverage, so investors are positioned for another beat. Micron Q2 Earnings Preview: Expect Another Monster Quarter
• Positive Sentiment: Multiple firms (Wolfe, Susquehanna and others) have raised targets (some as high as $500–$525), reinforcing momentum and giving investors fresh upside scenarios ahead of earnings. Micron (MU) Stock Surges as Wolfe Research Sets $500 Price Target Analysts Remain Positive on Micron Technology, Here’s Why?
• Neutral Sentiment: Several bullish write-ups highlight Micron’s valuation vs. peers (forward P/E and PEG), arguing the stock still looks cheap relative to growth — but those points are debateable and depend on how long pricing strength lasts. Micron: Dirt Cheap Before Earnings
• Neutral Sentiment: Market commentary stresses that Q3 guidance will be the key catalyst — strong quarter now is expected, but the company’s outlook and durability of pricing trends will determine whether the rally continues. Micron's stock is rising. Here's the big question heading into earnings.
• Negative Sentiment: Risks remain: memory is cyclical and investors warn of potential overinvestment by suppliers that could erode prices; recent short-term volatility and a pullback earlier this week show sentiment can reverse quickly if guidance disappoints. Micron (MU) Falls More Steeply Than Broader Market

Micron Technology Stock Up 5.1%

MU opened at $426.13 on Friday. Micron Technology, Inc. has a 1 year low of $61.54 and a 1 year high of $455.50. The firm has a 50 day moving average price of $391.35 and a 200 day moving average price of $271.66. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.78 and a current ratio of 2.46. The company has a market cap of $479.61 billion, a PE ratio of 40.51 and a beta of 1.50.

Micron Technology (NASDAQ:MU - Get Free Report) last released its quarterly earnings data on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 EPS for the quarter, beating the consensus estimate of $3.77 by $1.01. Micron Technology had a return on equity of 22.71% and a net margin of 28.15%.The company had revenue of $13.64 billion for the quarter, compared to analyst estimates of $12.62 billion. During the same period last year, the company posted $1.79 earnings per share. The firm's revenue was up 56.7% compared to the same quarter last year. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. Sell-side analysts expect that Micron Technology, Inc. will post 6.08 earnings per share for the current year.

Micron Technology Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 14th. Stockholders of record on Monday, December 29th were paid a $0.115 dividend. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Monday, December 29th. Micron Technology's dividend payout ratio is 4.37%.

Analyst Upgrades and Downgrades

Several analysts have weighed in on MU shares. Itau BBA Securities reissued an "outperform" rating on shares of Micron Technology in a report on Thursday, December 18th. Susquehanna boosted their price objective on shares of Micron Technology from $345.00 to $525.00 and gave the stock a "positive" rating in a research report on Monday, March 9th. TD Cowen increased their price objective on shares of Micron Technology from $300.00 to $450.00 and gave the company a "buy" rating in a research note on Tuesday, January 20th. Sanford C. Bernstein raised their target price on shares of Micron Technology from $270.00 to $330.00 and gave the company an "outperform" rating in a report on Friday, January 2nd. Finally, Citigroup lifted their target price on shares of Micron Technology from $385.00 to $430.00 and gave the stock a "buy" rating in a research report on Monday, March 9th. Six research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Buy" and an average target price of $389.41.

Insider Buying and Selling at Micron Technology

In other Micron Technology news, Director Steven J. Gomo sold 5,000 shares of the company's stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $263.63, for a total transaction of $1,318,150.00. Following the sale, the director owned 19,139 shares in the company, valued at $5,045,614.57. This represents a 20.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Sumit Sadana sold 25,000 shares of the company's 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 sale, the executive vice president directly owned 248,021 shares in the company, valued at approximately $106,621,747.69. This represents a 9.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have purchased 23,200 shares of company stock valued at $7,821,723 and have sold 73,623 shares valued at $27,307,408. 0.24% of the stock is currently owned by company insiders.

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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