Venturi Wealth Management LLC Lowers Holdings in Micron Technology, Inc. $MU

Key Points

• Venturi Wealth Management LLC cut its Micron stake by 7.1% in Q4, selling 10,546 shares and ending the period with 139,005 shares worth $39,673,000 (about 1.8% of its portfolio).
• Analyst sentiment remains positive with a MarketBeat consensus of "Buy" and an average price target of $464.61, alongside recent target upgrades from firms including Needham, Morgan Stanley and UBS.
• Micron raised its quarterly dividend to $0.15 (from $0.12) payable April 15, even as insiders — including two EVPs — disclosed sizable share sales totaling roughly 51,623 shares.

Venturi Wealth Management LLC reduced its position in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) by 7.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 139,005 shares of the semiconductor manufacturer's stock after selling 10,546 shares during the quarter. Micron Technology comprises about 1.8% of Venturi Wealth Management LLC's portfolio, making the stock its 13th biggest position. Venturi Wealth Management LLC's holdings in Micron Technology were worth $39,673,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. iA Global Asset Management Inc. raised its stake in Micron Technology by 18.7% in the third quarter. iA Global Asset Management Inc. now owns 146,890 shares of the semiconductor manufacturer's stock worth $24,578,000 after buying an additional 23,117 shares in the last quarter. Wealthfront Advisers LLC boosted its position in Micron Technology by 9.8% during the 3rd quarter. Wealthfront Advisers LLC now owns 95,396 shares of the semiconductor manufacturer's stock valued at $15,962,000 after acquiring an additional 8,489 shares in the last quarter. Westpac Banking Corp increased its holdings in shares of Micron Technology by 251.0% in the 3rd quarter. Westpac Banking Corp now owns 23,086 shares of the semiconductor manufacturer's stock valued at $3,863,000 after acquiring an additional 16,509 shares during the period. Generation Capital Management LLC purchased a new position in shares of Micron Technology in the 3rd quarter valued at $238,000. Finally, Avanda Investment Management Pte. Ltd. bought a new position in shares of Micron Technology in the 3rd quarter worth $418,000. 80.84% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on MU shares. Erste Group Bank cut Micron Technology from a "buy" rating to a "hold" rating in a research note on Thursday, April 2nd. William Blair started coverage on shares of Micron Technology in a report on Thursday, January 22nd. They issued an "outperform" rating for the company. Needham & Company LLC increased their price target on shares of Micron Technology from $450.00 to $500.00 and gave the company a "buy" rating in a research report on Thursday, March 19th. Morgan Stanley raised their price target on shares of Micron Technology from $350.00 to $450.00 and gave the company an "overweight" rating in a report on Wednesday, February 11th. Finally, UBS Group boosted their price objective on shares of Micron Technology from $510.00 to $535.00 and gave the stock a "buy" rating in a research note on Wednesday. Five analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average price target of $464.61.

Micron Technology Price Performance

NASDAQ MU opened at $420.59 on Friday. The firm's fifty day simple moving average is $401.49 and its two-hundred day simple moving average is $307.19. The company has a current ratio of 2.90, a quick ratio of 2.32 and a debt-to-equity ratio of 0.13. Micron Technology, Inc. has a 12-month low of $65.64 and a 12-month high of $471.34. The firm has a market capitalization of $474.31 billion, a P/E ratio of 19.86 and a beta of 1.60.

Micron Technology Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Monday, March 30th will be issued 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 yield of 0.1%. The ex-dividend date of this dividend is Monday, March 30th. Micron Technology's dividend payout ratio is presently 2.83%.

Insider Activity

In other news, EVP Sumit Sadana sold 25,000 shares of the business's stock in a transaction on 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 sale, the executive vice president directly owned 248,021 shares of the company's stock, valued at $106,621,747.69. The trade was a 9.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Manish H. Bhatia sold 26,623 shares of the business's stock in a transaction on 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 sale, the executive vice president directly owned 323,486 shares in the company, valued at $126,495,965.44. This trade represents a 7.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders acquired 23,200 shares of company stock valued at $7,821,723 and sold 91,623 shares valued at $35,053,508. 0.24% of the stock is currently owned by insiders.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: Company-issued upside guidance: Micron raised Q3 FY2026 outlook well above consensus — management guided to materially higher EPS and revenue, signaling strong AI/HBM demand and better-than-expected margin leverage (this is a primary driver of optimism among investors).
• Positive Sentiment: BofA backing and AI capex thesis: Bank of America highlighted accelerating, more-stable AI infrastructure spending and lists Micron among top blue‑chip beneficiaries, reinforcing the multi-year demand narrative for memory. BofA Sees Strong Growth in AI Investment, Backs Micron (MU)
• Positive Sentiment: Street-high targets and upgrades: Analysts are lifting price targets (one $825 target cited) and upgrades continue, supporting momentum and buy-side conviction. Micron Gets Street-High $825 Target
• Positive Sentiment: Dividend payment: Micron will pay an upcoming dividend (April 15), which adds a modest income component and may support sentiment among income-focused investors. Micron to pay dividends on April 15; Here's how much 100 shares will earn
• Neutral Sentiment: Momentum and retail interest: Multiple outlets profile MU as a top momentum/AI-infrastructure pick (technical and earnings momentum), which can fuel both follow‑through rallies and higher volatility. Micron & 2 More Momentum Stocks You Shouldn't Miss This April
• Neutral Sentiment: Investor access strategies: Commentary on ways to get exposure with reduced capital (options/structured approaches) may broaden participation but doesn’t change the underlying fundamentals. Micron Stock: Tap Into The Memory-Chip Maker While Reducing Capital Risk
• Negative Sentiment: Modelled downside risk and pullback warnings: Quant models and some analysts flag potential downside (a $318.89 target cited), implying meaningful pullback risk from current levels if momentum stalls or supply/demand dynamics shift. Micron Has 15.58% Downside Risk to Our $318.89 Target Despite the 485.1% Rally
• Negative Sentiment: Geopolitical & trade risks for AI chips: U.S.–China policy friction and export controls remain an overhang for the sector; persistent trade tensions could disrupt supply chains or limit addressable markets for certain customers. AI Chips Are A Looming Battlefield In U.S.-China Trade. What Investors Should Know.

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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