Brady Martz Wealth Solutions LLC Reduces Stake in Micron Technology, Inc. $MU

Key Points

• Brady Martz Wealth Solutions LLC cut its Micron Technology stake by 54.1% in the first quarter, leaving it with 1,017 shares valued at about $344,000.
• Wall Street remains broadly bullish on Micron (MU), with multiple analysts raising price targets and the consensus rating staying at Buy; the average target price is $913.47.
• The stock has been boosted by strong AI-driven memory demand and favorable pricing trends, but investors are watching the upcoming earnings report closely amid signs that expectations are already high.

Brady Martz Wealth Solutions LLC lessened its holdings in Micron Technology, Inc. (NASDAQ:MU - Free Report) by 54.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,017 shares of the semiconductor manufacturer's stock after selling 1,199 shares during the quarter. Brady Martz Wealth Solutions LLC's holdings in Micron Technology were worth $344,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. High Note Wealth LLC increased its stake in shares of Micron Technology by 65.4% in the fourth quarter. High Note Wealth LLC now owns 86 shares of the semiconductor manufacturer's stock worth $25,000 after acquiring an additional 34 shares during the period. Elevation Wealth Partners LLC lifted its position in 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 purchasing an additional 71 shares during the period. Steigerwald Gordon & Koch Inc. lifted its position in 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 purchasing an additional 96 shares during the period. Bayban purchased a new stake in Micron Technology in the fourth quarter valued at $29,000. Finally, GHP Investment Advisors Inc. boosted 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 last quarter. Institutional investors and hedge funds own 80.84% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Wolfe Research increased their price target on Micron Technology from $550.00 to $1,250.00 and gave the stock an "outperform" rating in a research report on Thursday, June 11th. Weiss Ratings reissued a "buy (b)" rating on shares of Micron Technology in a report on Tuesday, May 12th. Bank of America upped their target price on Micron Technology from $400.00 to $500.00 and gave the stock a "buy" rating in a research note on Thursday, March 19th. Citigroup raised their target price on Micron Technology from $840.00 to $1,200.00 and gave the stock a "buy" rating in a report on Wednesday. Finally, Sanford C. Bernstein lifted their price target on Micron Technology from $330.00 to $510.00 and gave the company an "outperform" rating in a research report on Wednesday, March 18th. Five equities research 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.com, the stock has a consensus rating of "Buy" and an average target price of $913.47.

Micron Technology News Summary

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

• Positive Sentiment: Multiple firms raised price targets on Micron (MU), citing stronger DRAM/NAND pricing, AI-driven memory demand, and rising data-center sales. Wedbush lifted its target to $1,300, while other reports pointed to even higher bullish targets, signaling continued confidence ahead of earnings. Article Title
• Positive Sentiment: Micron’s U.S. capacity expansion and advanced 1-alpha DRAM production were highlighted as strategic moves that could support long-term AI infrastructure demand, reinforcing the company’s role as a key memory supplier for AI data centers. Article Title
• Positive Sentiment: Several articles say MU is likely to beat fiscal Q3 estimates thanks to tight memory supply, strong pricing power, and new chip ramp-up, which would extend the company’s recent run and keep AI-related optimism alive. Article Title
• Neutral Sentiment: Investors are treating Micron’s June 24 earnings report as a key read-through on whether the AI-driven chip rally still has room to run. That makes the stock a high-expectation name going into results, but not automatically one with easy upside from here. Article Title
• Neutral Sentiment: Some commentary also suggests Micron (MU) could see a volatile reaction even if earnings are good, since the stock has already had a huge run and expectations are elevated. Article Title
• Negative Sentiment: Bearish pieces warn that Micron’s upcoming report is a “tough earnings test,” with some arguing the stock could fall if the company merely meets expectations instead of dramatically exceeding them. Article Title
• Negative Sentiment: SK Hynix’s plan to expand memory production over the next five years was flagged as a competitive risk for MU, potentially pressuring pricing and margins later if supply growth outpaces demand. Article Title

Micron Technology Price Performance

MU opened at $1,133.99 on Friday. The company has a fifty day moving average of $748.09 and a two-hundred day moving average of $493.40. The stock has a market capitalization of $1.28 trillion, a price-to-earnings ratio of 53.54 and a beta of 2.16. Micron Technology, Inc. has a fifty-two week low of $103.38 and a fifty-two week high of $1,149.43. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.32 and a current ratio of 2.90.

Micron Technology (NASDAQ:MU - Get Free Report) last posted its earnings results on Wednesday, March 18th. The semiconductor manufacturer reported $12.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $9.19 by $3.01. Micron Technology had a net margin of 41.49% and a return on equity of 41.16%. The business had revenue of $23.86 billion for the quarter, compared to analyst estimates of $19.97 billion. During the same period in the prior year, the company posted $1.56 EPS. The company's revenue for the quarter was up 196 on a year-over-year basis. On average, research analysts expect that Micron Technology, Inc. will post 61.51 earnings per share for the current year.

Insiders Place Their Bets

In related news, EVP April S. Arnzen sold 40,000 shares of the company's stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $347.39, for a total value of $13,895,600.00. Following the completion of the transaction, the executive vice president owned 125,737 shares of the company's stock, valued at approximately $43,679,776.43. This represents a 24.13% decrease in their position. 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, Director Steven J. Gomo sold 2,000 shares of the stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $787.03, for a total value of $1,574,060.00. Following the transaction, the director owned 17,139 shares in the company, valued at $13,488,907.17. This represents a 10.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 146,000 shares of company stock worth $85,486,715. 0.24% of the stock is owned by company insiders.

Micron Technology Company 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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