Nisa Investment Advisors LLC Purchases 272,086 Shares of Micron Technology, Inc. $MU

Key Points

• Nisa Investment Advisors LLC boosted its Micron stake by 110.1%, buying 272,086 shares to hold 519,259 shares worth $148.26 million, representing about 2.1% of its portfolio and its 15th-largest position.
• Wall Street remains broadly bullish on MU, with an average "Buy" consensus and a consensus price target of $463.71 after multiple firms raised targets into the roughly $400–$500 range.
• Company developments: Micron raised its quarterly dividend to $0.15 and launched cash tender offers to manage debt, while benefiting from strong AI/HBM demand but facing concerns over heavy capex, potential AI memory-compression headwinds and recent insider selling.

Nisa Investment Advisors LLC boosted its position in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) by 110.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 519,259 shares of the semiconductor manufacturer's stock after buying an additional 272,086 shares during the period. Micron Technology makes up approximately 2.1% of Nisa Investment Advisors LLC's investment portfolio, making the stock its 15th largest position. Nisa Investment Advisors LLC's holdings in Micron Technology were worth $148,261,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of MU. iA Global Asset Management Inc. boosted its holdings in shares of Micron Technology by 18.7% in the 3rd quarter. iA Global Asset Management Inc. now owns 146,890 shares of the semiconductor manufacturer's stock valued at $24,578,000 after purchasing an additional 23,117 shares in the last quarter. Cary Street Partners Financial LLC raised its holdings in shares of Micron Technology by 25.0% during the 2nd quarter. Cary Street Partners Financial LLC now owns 26,132 shares of the semiconductor manufacturer's stock worth $3,221,000 after buying an additional 5,233 shares in the last quarter. Wealthfront Advisers LLC raised its holdings in shares of Micron Technology by 9.8% during the 3rd quarter. Wealthfront Advisers LLC now owns 95,396 shares of the semiconductor manufacturer's stock worth $15,962,000 after buying an additional 8,489 shares in the last quarter. Westpac Banking Corp lifted its position in shares of Micron Technology by 251.0% during the 3rd quarter. Westpac Banking Corp now owns 23,086 shares of the semiconductor manufacturer's stock worth $3,863,000 after buying an additional 16,509 shares during the last quarter. Finally, Generation Capital Management LLC bought a new stake in shares of Micron Technology during the 3rd quarter worth $238,000. 80.84% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

MU has been the topic of a number of recent analyst reports. The Goldman Sachs Group lifted their target price on Micron Technology from $360.00 to $400.00 and gave the company a "neutral" rating in a research report on Thursday, March 19th. Piper Sandler increased their target price on shares of Micron Technology from $275.00 to $400.00 and gave the stock an "overweight" rating in a report on Wednesday, January 7th. Itau BBA Securities restated an "outperform" rating on shares of Micron Technology in a research note on Thursday, December 18th. Needham & Company LLC lifted their price target on shares of Micron Technology from $450.00 to $500.00 and gave the company a "buy" rating in a report on Thursday, March 19th. Finally, TD Cowen upped their price objective on shares of Micron Technology from $450.00 to $500.00 and gave the stock a "buy" rating in a research report on Monday, March 16th. Five investment analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus target price of $463.71.

Insider Buying and Selling at Micron Technology

In other Micron Technology news, CAO Scott R. Allen sold 2,000 shares of the business's stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $337.50, for a total transaction of $675,000.00. Following the sale, the chief accounting officer directly owned 38,237 shares of the company's stock, valued at $12,904,987.50. The trade was a 4.97% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Teyin M. Liu purchased 11,600 shares of the firm's stock in a transaction on Tuesday, January 13th. The stock was acquired at an average price of $337.07 per share, with a total value of $3,910,012.00. Following the completion of the transaction, the director owned 14,310 shares in the company, valued at approximately $4,823,471.70. This trade represents a 428.04% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders have acquired 23,200 shares of company stock worth $7,821,723 and have sold 53,623 shares worth $21,832,908. 0.24% of the stock is owned by insiders.

Micron Technology News Roundup

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

• Positive Sentiment: Strong AI / HBM demand supports revenue and pricing power — analysts and market commentary highlight booming high-bandwidth memory (HBM) demand for AI servers, which is driving rising prices and expanding margins for Micron. Can Micron Capitalize on Rising HBM Demand?
• Positive Sentiment: Debt management action — Micron announced pricing for cash tender offers on certain outstanding senior notes, a move that can improve its debt profile and interest-cost flexibility. That was received favorably by some investors. Tender Offer Pricing
• Positive Sentiment: Dividend reinstatement / bump noted — coverage flagged Micron among stocks boosting dividends, which can attract income-focused holders and signal confidence in the balance sheet. Dividend Bumps Article
• Neutral Sentiment: Analyst target cut but buy rating maintained — Citi trimmed its price target from $510 to $425 while keeping a Buy rating, a sign of reduced upside expectations even as analysts still back the company. Citi Price Target Cut
• Negative Sentiment: Algorithmic compression fears (TurboQuant / Google) dent demand outlook — reports that new AI memory-compression methods could reduce memory needs sparked sectorwide jitters and contributed to recent downdrafts in MU. TurboQuant / Algorithm Concerns
• Negative Sentiment: Capex and spending plans overshadow earnings — coverage notes that large planned expenditures to add capacity have dampened enthusiasm after otherwise strong AI-driven results, fueling recent selling pressure. Capex Concerns Article
• Negative Sentiment: Warnings about valuation and momentum fatigue — some bloggers and commentators caution that MU's rapid run (multiple-hundred-percent gains over the past year) raises near-term risk after the earnings-led pullback. Investment Blogger Warning
• Negative Sentiment: Insider selling highlighted — summaries of recent filings show extensive insider sales in recent months, which some investors view as a cautionary signal. Insider Trading Summary

Micron Technology Price Performance

Micron Technology stock opened at $337.27 on Wednesday. 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 company has a market capitalization of $380.35 billion, a PE ratio of 15.92 and a beta of 1.50. Micron Technology, Inc. has a 12 month low of $61.54 and a 12 month high of $471.34. The stock has a 50-day moving average price of $404.83 and a two-hundred day moving average price of $296.51.

Micron Technology Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Monday, March 30th will be paid a $0.15 dividend. This is an increase from Micron Technology's previous quarterly dividend of $0.12. This represents a $0.60 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Monday, March 30th. Micron Technology's payout ratio is currently 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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