R Squared Ltd Sells 9,667 Shares of Micron Technology, Inc. $MU

Key Points

• R Squared Ltd reduced its stake in Micron by 66.7%, selling 9,667 shares in Q4 and now holds 4,830 shares valued at about $1,379,000 (0.6% of its portfolio).
• Company insiders sold a total of 89,000 shares in the last quarter (including April Arnzen and Sumit Sadana), transactions worth roughly $34.8 million; insiders now own 0.24% of the stock.
• Wall Street sentiment is broadly bullish—multiple firms raised price targets (as high as $675), MarketBeat's consensus target is $472.72, and analysts point to sustained AI-driven memory demand as a key growth driver while shares trade above those targets around $524.56.

R Squared Ltd lessened its stake in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) by 66.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,830 shares of the semiconductor manufacturer's stock after selling 9,667 shares during the quarter. Micron Technology comprises 0.6% of R Squared Ltd's investment portfolio, making the stock its 25th biggest holding. R Squared Ltd's holdings in Micron Technology were worth $1,379,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently made changes to their positions in MU. REAP Financial Group LLC bought a new position in shares of Micron Technology during the 3rd quarter worth about $25,000. Barnes Dennig Private Wealth Management LLC bought a new position in shares of Micron Technology during the 3rd quarter worth about $27,000. Elevation Wealth Partners LLC boosted its position in shares of Micron Technology by 295.8% during the 4th quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer's stock worth $27,000 after purchasing an additional 71 shares in the last quarter. Steigerwald Gordon & Koch Inc. boosted its position in shares of Micron Technology by 4,800.0% during the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 98 shares of the semiconductor manufacturer's stock worth $28,000 after purchasing an additional 96 shares in the last quarter. Finally, GHP Investment Advisors Inc. boosted its position in shares of Micron Technology by 91.2% during the 4th quarter. GHP Investment Advisors Inc. now owns 109 shares of the semiconductor manufacturer's stock worth $31,000 after purchasing an additional 52 shares in the last quarter. Institutional investors own 80.84% of the company's stock.

Insider Activity

In other Micron Technology news, EVP April S. Arnzen sold 40,000 shares of the 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 in the company, valued at approximately $43,679,776.43. This trade represents a 24.13% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sumit Sadana sold 24,000 shares of the stock in a transaction dated 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 approximately $94,391,248.35. This trade represents a 9.68% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 89,000 shares of company stock valued at $34,755,250. Company insiders own 0.24% of the company's stock.

Key Micron Technology News

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

• Positive Sentiment: Melius Research initiated coverage with a Buy and $700 price target, signaling sizable upside and reinforcing dealer/retail conviction in Micron's multi-year AI-driven growth story. Melius Research coverage
• Positive Sentiment: Analysts and research notes (Barron's, Seeking Alpha, InsiderMonkey coverage) are emphasizing sustained AI/hyperscaler demand that tightens memory supply and supports higher margins — a structural thesis that justifies premium multiples for MU. Barron's: Analyst coverage
• Positive Sentiment: Heavy, unusually large MU option trades have been detected, consistent with speculative and directional bullish positioning that can accelerate intraday upside and reflect investor expectation of further gains. Yahoo Options Activity
• Positive Sentiment: Research notes and market pieces (CNBC, Seeking Alpha) expect memory demand to remain elevated through the decade due to AI infrastructure buildouts; firms like SanDisk rallying alongside MU supports a sector-wide momentum trade. CNBC: Demand through 2030
• Neutral Sentiment: Disclosure that Senator Fetterman bought a small Micron stake has generated headlines; the trade is modest in size but adds publicity and political/regulatory attention — not a material company signal. QuiverQuant: Senator trade
• Neutral Sentiment: Broader comments from JPMorgan caution that Nvidia's past explosive rallies may not repeat, a reminder that mega-cap chip leaders can set sentiment for the group — this could temper excessive extrapolation but doesn't alter MU's memory-specific demand drivers. Yahoo: JPMorgan on Nvidia
• Negative Sentiment: Some cautionary analysis flags potential execution and inventory-cycle risks that could pressure margins if supply/demand dynamics normalize; these forecasts are the main near-term downside risk to today's rally. Fool: downside forecast

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the stock. Sanford C. Bernstein increased their price objective on shares of Micron Technology from $330.00 to $510.00 and gave the stock an "outperform" rating in a research report on Wednesday, March 18th. Susquehanna increased their price objective on shares of Micron Technology from $345.00 to $525.00 and gave the stock a "positive" rating in a research report on Monday, March 9th. Bank of America increased 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. Barclays increased their price objective on shares of Micron Technology from $450.00 to $675.00 and gave the stock an "overweight" rating in a research report on Thursday, March 19th. Finally, The Goldman Sachs Group upped their target price on shares of Micron Technology from $360.00 to $400.00 and gave the stock a "neutral" rating in a report on Thursday, March 19th. Five investment analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and four have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Buy" and a consensus target price of $472.72.

Micron Technology Trading Up 5.6%

NASDAQ:MU opened at $524.56 on Tuesday. 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 firm has a market cap of $591.56 billion, a price-to-earnings ratio of 24.77 and a beta of 1.60. Micron Technology, Inc. has a 52 week low of $73.50 and a 52 week high of $531.36. The firm has a 50-day moving average price of $416.09 and a two-hundred day moving average price of $331.63.

Micron Technology Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Monday, March 30th were paid a $0.15 dividend. This is a positive change from Micron Technology's previous quarterly dividend of $0.12. The ex-dividend date was Monday, March 30th. This represents a $0.60 annualized dividend and a yield of 0.1%. Micron Technology's dividend payout ratio (DPR) is 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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