Micron Technology, Inc. $MU Position Cut by Strs Ohio

Key Points

• Strs Ohio trimmed its Micron stake by 12.1%, selling 69,597 shares to hold 506,098 shares worth about $144.45 million (Micron is its 25th-largest holding), and institutional investors own roughly 80.84% of the stock.
• Wall Street sentiment is broadly bullish with a consensus Buy rating and a consensus price target of $478.24, supported by upbeat AI-driven memory demand and several hefty price-target upgrades (e.g., Cantor Fitzgerald $700, DA Davidson $1,000), though analysts warn of valuation and short-term volatility risks.
• Insiders have sold a total of 89,000 shares (~$34.8M) in the last 90 days — including EVP Sumit Sadana (24,000) and EVP April Arnzen (40,000) — while Micron raised its quarterly dividend to $0.15 (annualized $0.60, ~0.1% yield).

Strs Ohio trimmed its holdings in Micron Technology, Inc. (NASDAQ:MU - Free Report) by 12.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 506,098 shares of the semiconductor manufacturer's stock after selling 69,597 shares during the quarter. Micron Technology comprises 0.5% of Strs Ohio's portfolio, making the stock its 25th largest holding. Strs Ohio's holdings in Micron Technology were worth $144,445,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Elevation Wealth Partners LLC grew its holdings in Micron Technology by 295.8% in the 4th quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer's stock worth $27,000 after buying an additional 71 shares in the last quarter. Steigerwald Gordon & Koch Inc. grew its holdings in Micron Technology by 4,800.0% in the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 98 shares of the semiconductor manufacturer's stock worth $28,000 after buying an additional 96 shares in the last quarter. Joseph Group Capital Management bought a new position in Micron Technology during the 4th quarter valued at $31,000. GHP Investment Advisors Inc. boosted its stake in Micron Technology by 91.2% during the 4th 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 in the last quarter. Finally, Arlington Trust Co LLC boosted its stake in Micron Technology by 26.3% during the 4th quarter. Arlington Trust Co LLC now owns 120 shares of the semiconductor manufacturer's stock valued at $34,000 after purchasing an additional 25 shares in the last quarter. 80.84% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on MU shares. Summit Insights lowered Micron Technology from a "buy" rating to a "hold" rating in a research note on Thursday, March 19th. Royal Bank Of Canada increased their price target on Micron Technology from $425.00 to $525.00 and gave the company an "outperform" rating in a research note on Monday, March 16th. Erste Group Bank lowered Micron Technology from a "buy" rating to a "hold" rating in a research note on Thursday, April 2nd. UBS Group increased their price target on Micron Technology from $510.00 to $535.00 and gave the company a "buy" rating in a research note on Wednesday, April 8th. Finally, Cantor Fitzgerald increased their price target on Micron Technology from $450.00 to $700.00 and gave the company an "overweight" rating in a research note on Thursday, March 19th. Five analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus price target of $478.24.

Insider Transactions at Micron Technology

In other Micron Technology news, EVP Sumit Sadana sold 24,000 shares of the firm's 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 completion of the sale, the executive vice president directly owned 224,021 shares in the company, valued at approximately $94,391,248.35. This trade represents a 9.68% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP April S. Arnzen sold 40,000 shares of the firm'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 sale, the executive vice president owned 125,737 shares of the company's stock, valued at $43,679,776.43. The trade was a 24.13% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 89,000 shares of company stock valued at $34,755,250 over the last 90 days. Corporate insiders own 0.24% of the company's stock.

Micron Technology Trading Up 4.8%

Shares of NASDAQ MU opened at $542.21 on Friday. Micron Technology, Inc. has a one year low of $78.54 and a one year high of $545.91. The firm has a market capitalization of $611.47 billion, a PE ratio of 25.60 and a beta of 1.91. 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 $422.13 and a two-hundred day moving average price of $336.46.

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 given 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 a boost from Micron Technology's previous quarterly dividend of $0.12. Micron Technology's dividend payout ratio is 2.83%.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: Big cloud and AI customers (Meta, Microsoft, Amazon) signaled rising memory prices and bigger AI capex — a direct revenue and pricing tailwind for Micron’s memory business. Why Is Micron Technology Stock Up On Friday?
• Positive Sentiment: Top‑end memory (HBM) demand tied to agentic AI and inference workloads is intensifying; industry writeups highlight structural need for faster, larger memory — a long‑term market opportunity for Micron’s HBM products. The AI Gold Rush Just Hit a New Layer: Here’s Why Sandisk Is Printing Money
• Positive Sentiment: Analyst bullishness is rising — multiple outlets report steep price targets (notably DA Davidson’s $1,000 call) and broader Wall Street upgrades, which support momentum and investor conviction. Micron (MU) Stock Soars as DA Davidson Sets Bold $1,000 Target Amid AI Memory Boom
• Positive Sentiment: Earnings/outlook commentary and inclusion on screens highlighting earnings growth (Zacks, other coverage) reinforce the case that fundamentals and price momentum are aligned. Earnings Growth & Price Strength Make Micron (MU) a Stock to Watch
• Neutral Sentiment: New analyst coverage at smaller shops (Melius) and sector reports (Rambus piece on memory/IP/product shifts) add context but are secondary to large‑customer demand signals. Micron Technology NASDAQ: MU Research Coverage Started at Melius Research
• Negative Sentiment: Valuation and momentum risk: several articles warn the stock has run up quickly and may be pricing in a substantial “memory supercycle,” raising pullback risk and making timing and valuation important considerations. A Look At Micron Technology (MU) Valuation After Its Recent Share Price Surge
• Negative Sentiment: Market volatility warnings: analysts and commentators note that semiconductor rallies can reverse sharply, so short‑term traders face elevated risk despite strong headlines. The Semiconductor Pop Was Violent — the Pullback Could Be Too

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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