Little House Capital LLC Sells 3,448 Shares of Micron Technology, Inc. $MU

Key Points

• Little House Capital LLC cut its Micron Technology stake by 43.5% in the fourth quarter, selling 3,448 shares and ending with 4,470 shares valued at about $1.276 million.
• Institutional ownership remains high at 80.84%, and other funds mostly added to their positions, while corporate insiders have sold shares recently, including director Steven J. Gomo and EVP April S. Arnzen.
• Wall Street sentiment on Micron is broadly bullish: several analysts raised price targets, the consensus rating is Buy, and the average target stands at $518.47, supported by optimism around AI memory demand and storage pricing power.

Little House Capital LLC reduced its stake in Micron Technology, Inc. (NASDAQ:MU - Free Report) by 43.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,470 shares of the semiconductor manufacturer's stock after selling 3,448 shares during the period. Little House Capital LLC's holdings in Micron Technology were worth $1,276,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Manning & Napier Advisors LLC increased its holdings in Micron Technology by 2.4% in the 4th quarter. Manning & Napier Advisors LLC now owns 1,030 shares of the semiconductor manufacturer's stock valued at $301,000 after acquiring an additional 24 shares during the last quarter. Round Rock Advisors LLC increased its holdings in Micron Technology by 0.6% in the 4th quarter. Round Rock Advisors LLC now owns 4,333 shares of the semiconductor manufacturer's stock valued at $1,237,000 after acquiring an additional 25 shares during the last quarter. Arlington Trust Co LLC increased its holdings in Micron Technology by 26.3% in the 4th quarter. Arlington Trust Co LLC now owns 120 shares of the semiconductor manufacturer's stock valued at $34,000 after acquiring an additional 25 shares during the last quarter. Manuka Financial LLC increased its holdings in Micron Technology by 2.3% in the 4th quarter. Manuka Financial LLC now owns 1,243 shares of the semiconductor manufacturer's stock valued at $355,000 after acquiring an additional 28 shares during the last quarter. Finally, Valued Wealth Advisors LLC increased its holdings in Micron Technology by 20.9% in the 4th quarter. Valued Wealth Advisors LLC now owns 168 shares of the semiconductor manufacturer's stock valued at $48,000 after acquiring an additional 29 shares during the last quarter. 80.84% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Micron Technology

In related news, Director Steven J. Gomo sold 2,000 shares of Micron Technology stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $787.03, for a total transaction of $1,574,060.00. Following the completion of the transaction, the director directly owned 17,139 shares of the company's stock, valued at approximately $13,488,907.17. The trade was a 10.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP April S. Arnzen sold 40,000 shares of Micron Technology stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $347.39, for a total transaction of $13,895,600.00. Following the transaction, the executive vice president directly owned 125,737 shares of the company's stock, valued at approximately $43,679,776.43. This represents a 24.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 106,000 shares of company stock valued at $47,032,460. Corporate insiders own 0.24% of the company's stock.

Micron Technology Stock Performance

Shares of NASDAQ:MU opened at $698.74 on Wednesday. Micron Technology, Inc. has a 52 week low of $90.93 and a 52 week high of $818.67. The stock has a market capitalization of $787.99 billion, a P/E ratio of 32.99 and a beta of 1.91. The firm has a fifty day simple moving average of $491.35 and a two-hundred day simple moving average of $378.29. The company has a quick ratio of 2.32, a current ratio of 2.90 and a debt-to-equity ratio of 0.13.

Micron Technology Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Monday, March 30th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Monday, March 30th. This is an increase from Micron Technology's previous quarterly dividend of $0.12. Micron Technology's dividend payout ratio is 2.83%.

Key Stories Impacting Micron Technology

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

• Positive Sentiment: Citigroup raised its price target on Micron Technology (MU) to $840 from $425 and reiterated a buy rating, while Mizuho lifted its target to $800 with an outperform rating, signaling continued Wall Street confidence in the stock’s upside. Article Title
• Positive Sentiment: Multiple articles highlighted Micron as a standout in the AI memory trade, arguing that enterprise AI is shifting capital spending toward storage and NAND flash, which could sustain pricing power and margin expansion for Micron. Article Title
• Positive Sentiment: Investor sentiment was further supported by articles noting that Micron remains one of the market’s profitable AI-related picks and that Wall Street’s 12-month forecasts for the stock remain broadly bullish. Article Title
• Neutral Sentiment: Some commentary suggested Micron’s earlier pullback was tied to broader semiconductor weakness, valuation concerns after a big AI-driven rally, and macro worries such as higher bond yields and memory-demand uncertainty. Article Title

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on MU shares. TD Cowen lifted their price target on shares of Micron Technology from $550.00 to $660.00 and gave the company a "buy" rating in a report on Tuesday, April 28th. JPMorgan Chase & Co. lifted their price target on shares of Micron Technology from $350.00 to $550.00 and gave the company an "overweight" rating in a report on Thursday, March 19th. HSBC lifted their price target on shares of Micron Technology from $350.00 to $500.00 and gave the company a "buy" rating in a report on Friday, January 23rd. Phillip Securities upgraded shares of Micron Technology to a "strong-buy" rating in a report on Monday, February 2nd. Finally, Erste Group Bank downgraded shares of Micron Technology from a "buy" rating to a "hold" rating in a report on Thursday, April 2nd. Five equities research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and four have assigned a Hold rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Buy" and a consensus price target of $518.47.

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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