Quintet Private Bank Europe S.A. Sells 5,174 Shares of Micron Technology, Inc. $MU

Key Points

• Quintet Private Bank Europe S.A. cut its stake in Micron Technology by 43.6% in Q4, selling 5,174 shares and leaving 6,701 shares valued at about $1.913 million.
• Analysts remain largely bullish on MU — consensus rating is "Buy" with an average price target of $463.71 and several firms (JPMorgan, Bernstein, Needham) recently raising targets into the ~$500 area.
• Company developments include insider buying (director Teyin M. Liu purchased 7,820 shares), a quarterly dividend increase to $0.15 per share, and a production ramp to supply NVIDIA’s next‑gen Vera Rubin AI systems, highlighting near‑term AI demand upside.

Quintet Private Bank Europe S.A. lessened its stake in Micron Technology, Inc. (NASDAQ:MU - Free Report) by 43.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,701 shares of the semiconductor manufacturer's stock after selling 5,174 shares during the quarter. Quintet Private Bank Europe S.A.'s holdings in Micron Technology were worth $1,913,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in MU. Wealth Management Associates Inc. acquired a new stake in shares of Micron Technology during the fourth quarter worth $262,000. Aspire Capital Advisors LLC acquired a new position in Micron Technology in the 4th quarter worth $332,000. M3 Advisory Group LLC increased its holdings in Micron Technology by 2.9% during the 4th quarter. M3 Advisory Group LLC now owns 1,403 shares of the semiconductor manufacturer's stock worth $400,000 after purchasing an additional 40 shares in the last quarter. Melfa Wealth Management Inc. bought a new position in Micron Technology during the 4th quarter worth about $229,000. Finally, Omnia Family Wealth LLC raised its stake in shares of Micron Technology by 2.1% in the 4th quarter. Omnia Family Wealth LLC now owns 1,464 shares of the semiconductor manufacturer's stock valued at $418,000 after purchasing an additional 30 shares during the period. Institutional investors own 80.84% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently commented on MU shares. JPMorgan Chase & Co. boosted their price target on Micron Technology from $350.00 to $550.00 and gave the company an "overweight" rating in a report on Thursday, March 19th. Erste Group Bank downgraded Micron Technology from a "buy" rating to a "hold" rating in a report on Thursday. William Blair started coverage on Micron Technology in a research report on Thursday, January 22nd. They issued an "outperform" rating on the stock. Sanford C. Bernstein upped their price target on Micron Technology from $330.00 to $510.00 and gave the stock an "outperform" rating in a research report on Wednesday, March 18th. Finally, Needham & Company LLC lifted their price objective 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. Five investment analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, Micron Technology currently has a consensus rating of "Buy" and an average price target of $463.71.

More Micron Technology News

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

• Positive Sentiment: Micron is ramping production to supply NVIDIA’s next‑gen Vera Rubin systems, directly tying MU to near‑term AI server demand and potential revenue upside. Micron Technology (MU) Ramping Up Production For NVDA’s Next-Gen Vera Rubin Systems
• Positive Sentiment: Rosenblatt and other analysts remain bullish (consensus price targets materially above current levels), supporting upside expectations if AI demand sustains. Rosenblatt Bullish on Micron Technology (MU) Amid Strong Revenue Growth
• Positive Sentiment: Market commentators and some strategists are pitching MU as a “buy the pullback” AI‑storage play, arguing the recent drop is fear‑driven rather than fundamentals‑driven. Micron Stock and Sandisk Retreat. Why This Wall Street Firm Says to Buy the Pullback.
• Positive Sentiment: Top analysts have highlighted multi‑year AI upside for MU, and high‑profile investors adding exposure has supported confidence in the sector’s growth runway. Top Analyst Calls Micron Stock (MU) a “Top Pick,” Sees Multi-Year AI Upside
• Neutral Sentiment: Longer‑term speculative pieces debate whether MU can reach trillion‑dollar scale by 2030; useful for context but not immediate catalysts. Will Micron Be a Trillion-Dollar Company By 2030?
• Neutral Sentiment: Valuation narratives: some bullish pieces call MU “cheap” on multiples but warn the company must prove structural tailwinds vs. cyclical memory cycles. Prediction: This Memory Supercycle Growth Stock Could 3X by 2030
• Negative Sentiment: Citi cut its price target citing DDR5 DRAM softness and risk from Google’s TurboQuant memory‑compression tech; that note triggered a notable pullback. Micron Drops 6% After Citi’s Price Target Cut: 3 Reasons Bears and Bulls Are Both Right
• Negative Sentiment: Coverage changes: Erste downgraded MU from buy to hold, adding near‑term analyst caution that can weigh on sentiment. Finviz
• Negative Sentiment: Tech‑sector headwinds (e.g., commodity/oil moves and broader market rotations) have pressured chip names, creating volatility risk for MU despite solid fundamentals. Oil Surge Shakes Markets As Tech Slips

Insider Activity at Micron Technology

In other news, Director Teyin M. Liu bought 7,820 shares of the firm's stock in a transaction that occurred on Wednesday, January 14th. The stock was acquired at an average cost of $337.50 per share, with a total value of $2,639,250.00. Following the completion of the purchase, the director owned 25,910 shares of the company's stock, valued at $8,744,625. This represents a 43.23% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Also, CAO Scott R. Allen sold 2,000 shares of the business's stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $337.50, for a total transaction of $675,000.00. Following the transaction, the chief accounting officer owned 38,237 shares in the company, valued at approximately $12,904,987.50. The trade was a 4.97% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have purchased 23,200 shares of company stock worth $7,821,723 and have sold 93,623 shares worth $35,728,508. 0.24% of the stock is currently owned by company insiders.

Micron Technology Stock Performance

MU opened at $366.24 on Friday. Micron Technology, Inc. has a 52-week low of $61.54 and a 52-week high of $471.34. The firm has a market capitalization of $413.02 billion, a PE ratio of 17.29 and a beta of 1.60. 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 business's 50-day simple moving average is $403.11 and its 200 day simple moving average is $298.93.

Micron Technology Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Monday, March 30th will be given a dividend of $0.15 per share. This is a positive change from Micron Technology's previous quarterly dividend of $0.12. The ex-dividend date of this dividend is Monday, March 30th. This represents a $0.60 annualized dividend and a dividend yield of 0.2%. Micron Technology's payout ratio is presently 2.83%.

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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