Benjamin Edwards Inc. Has $2.39 Million Stake in Micron Technology, Inc. $MU

Benjamin Edwards Inc. trimmed its stake in Micron Technology, Inc. (NASDAQ:MU - Free Report) by 21.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,367 shares of the semiconductor manufacturer's stock after selling 2,322 shares during the period. Benjamin Edwards Inc.'s holdings in Micron Technology were worth $2,388,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. REAP Financial Group LLC acquired a new stake in Micron Technology in the third quarter valued at $25,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in Micron Technology in the third quarter valued at $27,000. Elevation Wealth Partners LLC increased its holdings in Micron Technology by 295.8% in the fourth quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer's stock valued at $27,000 after purchasing an additional 71 shares during the period. Steigerwald Gordon & Koch Inc. increased its holdings in Micron Technology by 4,800.0% in the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 98 shares of the semiconductor manufacturer's stock valued at $28,000 after purchasing an additional 96 shares during the period. Finally, GHP Investment Advisors Inc. increased its holdings in Micron Technology by 91.2% in the fourth quarter. GHP Investment Advisors Inc. now owns 109 shares of the semiconductor manufacturer's stock valued at $31,000 after purchasing an additional 52 shares during the period. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

MU has been the subject of a number of recent research reports. Bank of America increased 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. Phillip Securities upgraded Micron Technology to a "strong-buy" rating in a report on Monday, February 2nd. JPMorgan Chase & Co. increased their price objective on Micron Technology from $350.00 to $550.00 and gave the company an "overweight" rating in a report on Thursday, March 19th. William Blair started coverage on Micron Technology in a report on Thursday, January 22nd. They set an "outperform" rating for the company. Finally, Rosenblatt Securities reiterated a "buy" rating and set a $500.00 price target on shares of Micron Technology in a report on Monday, March 16th. Five analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of "Buy" and a consensus target price of $478.24.

Key Headlines Impacting Micron Technology

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 Stock Performance

Shares of Micron Technology stock opened at $640.10 on Wednesday. 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 business has a 50-day moving average price of $426.37 and a two-hundred day moving average price of $341.68. Micron Technology, Inc. has a 1-year low of $78.54 and a 1-year high of $651.74. The company has a market cap of $721.86 billion, a P/E ratio of 30.22 and a beta of 1.91.

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 issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Monday, March 30th. This is an increase from Micron Technology's previous quarterly dividend of $0.12. Micron Technology's dividend payout ratio (DPR) is 2.83%.

Insiders Place Their Bets

In other news, EVP April S. Arnzen sold 40,000 shares of the stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $347.39, for a total transaction of $13,895,600.00. Following the transaction, the executive vice president owned 125,737 shares of the company's stock, valued at $43,679,776.43. This represents a 24.13% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sumit Sadana sold 24,000 shares of the stock in a transaction dated 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 transaction, the executive vice president directly owned 224,021 shares in the company, valued at $94,391,248.35. This trade represents a 9.68% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 104,000 shares of company stock worth $45,458,400. Company insiders own 0.24% of the company's stock.

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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