Pathfinder Wealth Consulting Inc. Makes New $592,000 Investment in Micron Technology, Inc. $MU

Key Points

• Pathfinder Wealth Consulting disclosed a new stake in Micron Technology, buying 2,074 shares worth about $592,000 in the fourth quarter.
• Institutional ownership remains very high, with Vanguard, State Street, Capital International Investors and other large investors adding to positions; institutions now own about 80.84% of Micron’s stock.
• Analysts turned increasingly bullish, with several firms raising price targets and ratings, while Micron also announced a higher quarterly dividend of $0.15 per share from $0.12 previously.

Pathfinder Wealth Consulting Inc. purchased a new stake in Micron Technology, Inc. (NASDAQ:MU - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,074 shares of the semiconductor manufacturer's stock, valued at approximately $592,000.

Several other large investors have also recently modified their holdings of MU. Vanguard Group Inc. increased its holdings in Micron Technology by 1.9% in the fourth quarter. Vanguard Group Inc. now owns 106,608,094 shares of the semiconductor manufacturer's stock valued at $30,427,016,000 after purchasing an additional 1,954,644 shares during the period. State Street Corp lifted its holdings in Micron Technology by 0.6% during the 3rd quarter. State Street Corp now owns 51,659,173 shares of the semiconductor manufacturer's stock worth $8,643,613,000 after buying an additional 285,582 shares during the period. Capital International Investors grew its position in shares of Micron Technology by 0.7% in the 3rd quarter. Capital International Investors now owns 23,372,821 shares of the semiconductor manufacturer's stock valued at $3,910,198,000 after buying an additional 155,860 shares during the last quarter. Invesco Ltd. grew its position in shares of Micron Technology by 8.0% in the 3rd quarter. Invesco Ltd. now owns 9,622,166 shares of the semiconductor manufacturer's stock valued at $1,609,981,000 after buying an additional 708,716 shares during the last quarter. Finally, Legal & General Group Plc increased its stake in shares of Micron Technology by 1.9% in the third quarter. Legal & General Group Plc now owns 7,275,842 shares of the semiconductor manufacturer's stock valued at $1,217,394,000 after buying an additional 135,850 shares during the period. Institutional investors own 80.84% of the company's stock.

Analyst Ratings Changes

Several analysts recently commented on the company. Barclays upped their target price on Micron Technology from $450.00 to $675.00 and gave the company an "overweight" rating in a report on Thursday, March 19th. Royal Bank Of Canada boosted their price target 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. Mizuho upped their price objective on shares of Micron Technology to $800.00 and gave the company an "outperform" rating in a research note on Tuesday, May 19th. TD Cowen increased their price objective on shares of Micron Technology from $550.00 to $660.00 and gave the stock a "buy" rating in a research report on Tuesday, April 28th. Finally, Citigroup boosted their target price on shares of Micron Technology from $425.00 to $840.00 and gave the company a "buy" rating in a report on Tuesday, May 19th. Five investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and four have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Buy" and an average target price of $518.47.

Insider Activity at Micron Technology

In other news, CEO Sanjay Mehrotra sold 40,000 shares of the stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $536.26, for a total transaction of $21,450,400.00. Following the transaction, the chief executive officer owned 424,503 shares of the company's stock, valued at $227,643,978.78. This represents a 8.61% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP April S. Arnzen sold 40,000 shares of the firm's stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $347.39, for a total value of $13,895,600.00. Following the completion of the sale, the executive vice president 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 three months, insiders have sold 106,000 shares of company stock valued at $47,032,460. Company insiders own 0.24% of the company's stock.

Micron Technology News Roundup

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

• Positive Sentiment: Micron began manufacturing advanced 1α DRAM at its Manassas, Virginia, fab, a milestone that expands U.S. memory output for AI, automotive, defense, aerospace and industrial customers. The move supports Micron’s long-term growth narrative and reinforces its position as the only U.S. manufacturer of memory chips. Article Title
• Positive Sentiment: Micron’s CEO highlighted the company’s major U.S. DRAM expansion and said the advanced memory technology is increasingly important for critical sectors, underscoring demand and strategic relevance. Article Title
• Positive Sentiment: Analyst and stock-picking coverage remained constructive, with Melius Research reportedly raising its price target to $1,100 and other commentators calling Micron a momentum leader and a key AI memory beneficiary. Article Title
• Neutral Sentiment: Several market articles continued to feature Micron as a prominent AI and memory-chip name, including momentum screens and long-term bull cases, which may support investor attention but do not change fundamentals on their own. Article Title
• Negative Sentiment: Some coverage noted recent volatility in memory-chip stocks and questioned how much upside is already priced in, which could temper enthusiasm after the run-up in the shares. Article Title

Micron Technology Price Performance

Micron Technology stock opened at $751.00 on Friday. The stock has a market capitalization of $846.93 billion, a price-to-earnings ratio of 35.46 and a beta of 1.91. Micron Technology, Inc. has a 52-week low of $90.93 and a 52-week high of $818.67. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.32 and a current ratio of 2.90. The stock's 50 day moving average price is $512.03 and its two-hundred day moving average price is $388.21.

Micron Technology Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Monday, March 30th were paid a dividend of $0.15 per share. This is a boost from Micron Technology's previous quarterly dividend of $0.12. This represents a $0.60 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Monday, March 30th. Micron Technology's payout ratio is currently 2.83%.

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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