Diversify Advisory Services LLC Acquires 33,461 Shares of Micron Technology, Inc. $MU

Key Points

• Diversify Advisory Services LLC boosted its Micron stake by 406.6%, adding 33,461 shares to hold 41,690 shares worth about $6.98 million at quarter-end.
• Wall Street is broadly bullish on MU with an average rating of "Buy" and a consensus price target of $371.83, alongside notable upgrades (e.g., Stifel to $550, UBS to $475).
• Micron reported a strong quarter (EPS $4.78 vs. $3.77 expected; revenue $13.64B), is shipping 256GB AI server memory and ramping an India assembly/test site—fundamental and product catalysts supporting the AI-driven growth thesis despite a recent 6.7% stock decline.

Diversify Advisory Services LLC increased its holdings in Micron Technology, Inc. (NASDAQ:MU - Free Report) by 406.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 41,690 shares of the semiconductor manufacturer's stock after acquiring an additional 33,461 shares during the period. Diversify Advisory Services LLC's holdings in Micron Technology were worth $6,976,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in MU. Norges Bank bought a new stake in Micron Technology during the 2nd quarter worth approximately $1,980,700,000. Slate Path Capital LP bought a new position in shares of Micron Technology in the second quarter valued at approximately $317,751,000. Vanguard Group Inc. lifted its holdings in shares of Micron Technology by 1.9% in the second quarter. Vanguard Group Inc. now owns 103,879,662 shares of the semiconductor manufacturer's stock valued at $12,803,168,000 after purchasing an additional 1,973,294 shares in the last quarter. State Street Corp boosted its position in shares of Micron Technology by 2.7% during the second quarter. State Street Corp now owns 51,373,591 shares of the semiconductor manufacturer's stock valued at $6,331,795,000 after buying an additional 1,349,713 shares during the last quarter. Finally, Orbis Allan Gray Ltd grew its holdings in Micron Technology by 50.2% during the second quarter. Orbis Allan Gray Ltd now owns 3,457,726 shares of the semiconductor manufacturer's stock worth $426,165,000 after buying an additional 1,156,086 shares in the last quarter. Institutional investors own 80.84% of the company's stock.

Wall Street Analysts Forecast Growth

MU has been the subject of a number of analyst reports. Stifel Nicolaus increased their price target on Micron Technology from $360.00 to $550.00 and gave the company a "buy" rating in a research report on Monday, March 2nd. Sanford C. Bernstein upped their target price on shares of Micron Technology from $270.00 to $330.00 and gave the stock an "outperform" rating in a research note on Friday, January 2nd. Wedbush set a $320.00 target price on shares of Micron Technology in a research note on Thursday, December 18th. Raymond James Financial raised their price target on shares of Micron Technology from $190.00 to $310.00 and gave the company an "outperform" rating in a research report on Thursday, December 18th. Finally, UBS Group boosted their price target on shares of Micron Technology to $475.00 and gave the stock a "buy" rating in a report on Monday, March 2nd. Six 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 stock. Based on data from MarketBeat, the stock presently has an average rating of "Buy" and a consensus price target of $371.83.

Trending Headlines about Micron Technology

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

• Positive Sentiment: Micron began shipping customer samples of its 256GB SOCAMM2 LPDDR5X AI server memory module — its highest‑capacity, power‑efficient AI DRAM — which should support higher ASPs and stronger AI‑server content per box. How Micron’s New 256GB AI Server Memory and India Ramp-Up Will Impact Micron Technology (MU) Investors
• Positive Sentiment: Micron opened and is ramping an advanced assembly & test facility in Sanand, India, expanding global manufacturing footprint to meet AI memory demand and diversify supply chains. Micron Technology, Inc. (MU) Announces the Grand Opening of its Semiconductor Assembly and Test Facility in Sanand, Gujarat, India
• Positive Sentiment: Analysts and research pieces highlight Micron’s AI memory “moat”: HBM tightness, sold‑out 2026 HBM capacity, and guidance that implies very strong margins — supporting upside to earnings expectations. Micron's New Moat: The AI Memory Supercycle
• Positive Sentiment: Earnings‑estimate revisions and momentum scores are improving, with multiple outlets flagging MU as a long‑term/momentum buy given AI demand and recent beat-and-raise results. This supports medium-term bullish case. Earnings Estimates Rising for Micron (MU): Will It Gain?
• Neutral Sentiment: Technical and trading commentary notes MU approaching its 50‑day moving average and offering potential buy points on a rebound; useful for traders but not a fundamental driver. Micron's Setup Sweetens Despite The Current Market Meltdown
• Neutral Sentiment: Mentions in ETF and options strategy pieces (e.g., VLUE holding, short‑put yield ideas) increase investor attention and liquidity but are sideways with respect to immediate fundamentals. Worried About Volatility? These 3 ETFs Have You Covered
• Negative Sentiment: Today’s decline is driven largely by weakness in South Korean memory peers (Samsung, SK Hynix) and a sectorwide selloff; contagion from those losses pressures MU despite company‑specific positives. Micron stock falls as weakness hits global memory sector
• Negative Sentiment: Broader risk‑off drivers — geopolitical tensions (Iran conflict) and macro data/events (investors awaiting February jobs report) — are depressing tech and cyclical names, adding downward pressure on MU. What Is Going On With Micron Tech Stock In Friday Premarket?

Micron Technology Stock Down 6.7%

Shares of NASDAQ:MU opened at $370.30 on Monday. The company has a market capitalization of $416.78 billion, a PE ratio of 35.20 and a beta of 1.50. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.46 and a quick ratio of 1.78. The business has a fifty day moving average price of $379.98 and a two-hundred day moving average price of $263.57. Micron Technology, Inc. has a 1 year low of $61.54 and a 1 year high of $455.50.

Micron Technology (NASDAQ:MU - Get Free Report) last announced its earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.77 by $1.01. The firm had revenue of $13.64 billion during the quarter, compared to analyst estimates of $12.62 billion. Micron Technology had a return on equity of 22.71% and a net margin of 28.15%.The business's revenue was up 56.7% compared to the same quarter last year. During the same period last year, the firm posted $1.79 EPS. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. Analysts forecast 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. Shareholders of record on Monday, December 29th were paid a $0.115 dividend. This represents a $0.46 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Monday, December 29th. Micron Technology's payout ratio is presently 4.37%.

Insider Activity

In related news, EVP April S. Arnzen sold 15,000 shares of Micron Technology stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $277.09, for a total value of $4,156,350.00. Following the sale, the executive vice president owned 165,618 shares of the company's stock, valued at approximately $45,891,091.62. The trade was a 8.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Manish H. Bhatia sold 26,623 shares of the company's stock in a transaction that occurred on Thursday, January 22nd. The shares were sold at an average price of $391.04, for a total value of $10,410,657.92. Following the completion of the transaction, the executive vice president owned 323,486 shares in the company, valued at approximately $126,495,965.44. The trade was a 7.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders purchased 23,200 shares of company stock worth $7,821,723 and sold 73,623 shares worth $27,307,408. 0.24% of the stock is currently owned by insiders.

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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