Micron Technology, Inc. $MU Shares Purchased by Merit Financial Group LLC

Key Points

• Merit Financial Group LLC increased its stake in Micron by 17.9% in Q4 to 42,983 shares worth about $12.27 million, and institutional investors now own roughly 80.84% of the company.
• Bullish demand drivers and analyst support—cited includes surging AI/HBM demand, long‑term memory supply agreements into 2027, and multiple price‑target raises—have pushed consensus ratings to a Buy with a $464.61 average target.
• Offsetting those positives, insiders sold material holdings recently (EVPs Sumit Sadana and Manish Bhatia each sold >$10M of stock), with insiders offloading 115,623 shares (~$45.2M) in the last quarter, which could add near‑term selling pressure.

Merit Financial Group LLC boosted its holdings in Micron Technology, Inc. (NASDAQ:MU - Free Report) by 17.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 42,983 shares of the semiconductor manufacturer's stock after buying an additional 6,513 shares during the quarter. Merit Financial Group LLC's holdings in Micron Technology were worth $12,268,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. REAP Financial Group LLC acquired a new position in Micron Technology in the third quarter worth approximately $25,000. Barnes Dennig Private Wealth Management LLC acquired a new position in Micron Technology in the third quarter worth approximately $27,000. Elevation Wealth Partners LLC grew its position in Micron Technology by 295.8% in the fourth quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer's stock worth $27,000 after buying an additional 71 shares during the last quarter. Steigerwald Gordon & Koch Inc. grew its position 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 worth $28,000 after buying an additional 96 shares during the last quarter. Finally, Cullen Frost Bankers Inc. grew its position in Micron Technology by 79.3% in the third quarter. Cullen Frost Bankers Inc. now owns 199 shares of the semiconductor manufacturer's stock worth $33,000 after buying an additional 88 shares during the last quarter. Institutional investors and hedge funds own 80.84% of the company's stock.

Key Micron Technology News

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

• Positive Sentiment: AI and memory demand continue to drive upside: multiple pieces note Micron is a primary beneficiary of surging AI infrastructure spending, high‑bandwidth memory (HBM) demand, and a broader chip rally that has pushed semiconductor ETFs and peers sharply higher. Micron (MU) Is Riding the AI Boom, but the Stock Still Trades at a Discount
• Positive Sentiment: Commercial visibility improves: reports say Micron has locked long‑term, volume‑based agreements with hyperscalers/OEMs that commit advanced memory capacity into 2027 — this reduces revenue/price uncertainty and supports forward demand. Micron Sells Out Advanced Memory To 2027 Raising Questions On Valuation
• Positive Sentiment: Wall Street interest and analyst coverage remain supportive: several analysts and outlets are highlighting Micron as a buy amid the memory cycle and have raised targets or reiterated buys, providing potential upside catalysts. Brokers Suggest Investing in Micron (MU): Read This Before Placing a Bet
• Neutral Sentiment: Recent performance and sector rotation: Micron has been among the top performers since the market bottom in late March, which explains momentum but also raises the risk of short‑term volatility as investors rotate across tech. Here Are Some of the Top Stocks Since the Market Bottomed in March
• Neutral Sentiment: Valuation debate persists: several analyses note MU’s strong run has materially raised its valuation — some see it still cheap on cycle fundamentals, others warn the rally may be extended. This creates mixed signals for timing new positions. The historic surge in chip stocks highlight's Micron's valuation, and a related warning
• Negative Sentiment: Insider selling flagged: a recent filing shows an executive sold nearly $1.5M of MU stock, which some traders interpret as a cautionary sign and can amplify near‑term selling pressure. Monster insider trading alert for Micron (MU) stock
• Negative Sentiment: Profit‑taking and sector reaction: ASML’s post‑earnings weakness and commentary sparked profit‑taking across chip names, and some commentators (including high‑profile hosts) warned the rally could be vulnerable — adding downward pressure. Micron's Hot Streak In Danger? Cramer Says One 'Nugget' Changes The Game

Analyst Ratings Changes

MU has been the topic of several recent research reports. Stifel Nicolaus lifted their price target on shares of Micron Technology from $360.00 to $550.00 and gave the stock a "buy" rating in a research report on Monday, March 2nd. Bank of America lifted their price objective on shares of Micron Technology from $400.00 to $500.00 and gave the stock a "buy" rating in a research report on Thursday, March 19th. Weiss Ratings reiterated a "buy (b-)" rating on shares of Micron Technology in a research report on Thursday, January 29th. Cantor Fitzgerald lifted their price objective on shares of Micron Technology from $450.00 to $700.00 and gave the stock an "overweight" rating in a research report on Thursday, March 19th. Finally, UBS Group lifted their price objective on shares of Micron Technology from $510.00 to $535.00 and gave the stock a "buy" rating in a research report on Wednesday, April 8th. Five research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus target price of $464.61.

Insider Buying and Selling at Micron Technology

In other Micron Technology news, EVP Sumit Sadana sold 24,000 shares of Micron Technology stock in a transaction on Friday, April 10th. The shares were 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 owned 224,021 shares of the company's stock, valued at $94,391,248.35. This trade represents a 9.68% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Manish H. Bhatia sold 26,623 shares of Micron Technology stock in a transaction on Thursday, January 22nd. The shares were sold at an average price of $391.04, for a total transaction of $10,410,657.92. Following the sale, the executive vice president directly owned 323,486 shares of the company's stock, valued at $126,495,965.44. This trade represents a 7.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 115,623 shares of company stock valued at $45,165,908 in the last quarter. Company insiders own 0.24% of the company's stock.

Micron Technology Trading Down 0.5%

Shares of NASDAQ:MU opened at $455.07 on Friday. The firm has a fifty day moving average of $406.41 and a two-hundred day moving average of $317.29. The firm has a market capitalization of $513.20 billion, a P/E ratio of 21.49 and a beta of 1.60. Micron Technology, Inc. has a 12-month low of $65.64 and a 12-month high of $471.34. 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 business also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Monday, March 30th were paid a dividend of $0.15 per share. This is an increase from Micron Technology's previous quarterly dividend of $0.12. The ex-dividend date of this dividend was Monday, March 30th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. Micron Technology's dividend payout ratio (DPR) is 2.83%.

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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