Micron Technology, Inc. $MU Stock Position Cut by Generali Powszechne Towarzystwo Emerytalne

Key Points

• Generali Powszechne Towarzystwo Emerytalne cut its Micron stake by 23.1% (selling 45,000 shares) to 150,000 shares, which remains its largest holding and was worth about $42.8M (≈7.3% of the fund) at quarter-end.
• Analysts have been raising price targets and ratings—Cantor Fitzgerald to $700, Deutsche Bank to $550 and others—leaving a MarketBeat consensus rating of Buy with a $464.61 consensus target.
• Insiders have been net sellers (115,623 shares worth roughly $45.2M over the past 90 days), even as Micron recently increased its quarterly dividend to $0.15 (annualized $0.60).

Generali Powszechne Towarzystwo Emerytalne cut its holdings in Micron Technology, Inc. (NASDAQ:MU - Free Report) by 23.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 150,000 shares of the semiconductor manufacturer's stock after selling 45,000 shares during the quarter. Micron Technology makes up about 7.3% of Generali Powszechne Towarzystwo Emerytalne's holdings, making the stock its biggest holding. Generali Powszechne Towarzystwo Emerytalne's holdings in Micron Technology were worth $42,812,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. REAP Financial Group LLC purchased a new stake in shares of Micron Technology in the 3rd quarter worth about $25,000. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of Micron Technology in the 3rd quarter worth about $27,000. Elevation Wealth Partners LLC grew its position in shares of 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 during the period. Steigerwald Gordon & Koch Inc. grew its position in shares of 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 during the period. Finally, Cullen Frost Bankers Inc. grew its position in shares of Micron Technology by 79.3% in the 3rd 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 period. 80.84% of the stock is owned by hedge funds and other institutional investors.

Micron Technology Stock Performance

Shares of Micron Technology stock opened at $456.23 on Thursday. The stock has a market cap of $514.51 billion, a price-to-earnings ratio of 21.54 and a beta of 1.60. The firm's 50-day moving average is $403.71 and its 200 day moving average is $314.28. Micron Technology, Inc. has a 1 year low of $65.64 and a 1 year high of $471.34. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.90 and a quick ratio of 2.32.

Micron Technology Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Monday, March 30th were paid a $0.15 dividend. 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 positive change from Micron Technology's previous quarterly dividend of $0.12. Micron Technology's dividend payout ratio (DPR) is presently 2.83%.

Analysts Set New Price Targets

MU has been the topic of a number of recent research reports. Cantor Fitzgerald upped their target price 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. Deutsche Bank Aktiengesellschaft upped their target price on shares of Micron Technology from $500.00 to $550.00 and gave the stock a "buy" rating in a research report on Thursday, March 19th. Erste Group Bank downgraded shares of Micron Technology from a "buy" rating to a "hold" rating in a research report on Thursday, April 2nd. Wedbush upped their target price on shares of Micron Technology from $320.00 to $500.00 and gave the stock an "outperform" rating in a research report on Friday, March 13th. Finally, Royal Bank Of Canada upped their target price on shares of Micron Technology from $425.00 to $525.00 and gave the stock an "outperform" rating in a research report on Monday, March 16th. Five research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and four have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of $464.61.

Trending Headlines about Micron Technology

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

• Positive Sentiment: Analysts keep raising estimates and price targets (including a notable lift from Lynx Equity), which supports further institutional and thematic AI flows into MU. Lynx Equity Raises Micron (MU) PT, Suggests Aggressive Buying
• Positive Sentiment: Micron’s margins have expanded sharply as AI demand boosts HBM/DRAM pricing and mix, underpinning profit revisions and providing a fundamental rationale for higher valuations. Can Micron's Margin Expansion Continue Amid Strong AI Demand?
• Neutral Sentiment: New and growing semiconductor/DRAM-focused ETFs could channel more passive inflows into big-memory names like Micron, but they also concentrate sector exposure and volatility. 3 Semiconductor ETFs to Buy Before the AI Chip Market Hits $500 Billion
• Neutral Sentiment: Coverage pieces and price models (including ML forecasts and “is it too late?” analyses) are increasing attention; they draw trading flows but add little new fundamental data. Is It Too Late To Consider Micron Technology (MU)?
• Negative Sentiment: Insider selling: EVP Sumit Sadana sold ~24,000 shares (~$10.1M) in early April — flagged by markets as profit-taking and used by some traders as a near-term caution. Micron EVP Sells $10,112,400.00 in Stock
• Negative Sentiment: Short-term memory-stock pullback: headlines show Micron and peers selling off as momentum traders take profits after a historic run, contributing to the intraday decline. Micron Falls 5%, SanDisk Drops 7%
• Negative Sentiment: Valuation warnings: several commentators caution that much of the AI upside may already be priced in, increasing downside risk for late buyers. Is Micron Technology's Stock Really That Cheap?

Insider Buying and Selling at Micron Technology

In other Micron Technology news, EVP Manish H. Bhatia sold 26,623 shares of the company's stock in a transaction dated 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 transaction, the executive vice president owned 323,486 shares in the company, valued at approximately $126,495,965.44. This represents a 7.60% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Sumit Sadana sold 25,000 shares of the company's stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $429.89, for a total transaction of $10,747,250.00. Following the transaction, the executive vice president owned 248,021 shares in the company, valued at $106,621,747.69. This represents a 9.16% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 115,623 shares of company stock worth $45,165,908. Company insiders own 0.24% of the company's stock.

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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