Wealth Enhancement Advisory Services LLC Purchases 20,193 Shares of Micron Technology, Inc. $MU

Key Points

• Wealth Enhancement Advisory Services LLC increased its stake in Micron by 15.9%, buying 20,193 shares to hold 147,193 shares worth about $42.01 million.
• Micron posted a blowout quarter—EPS $12.20 vs. $8.50 expected and revenue $23.86B (up 196.3% YoY)—and multiple analysts raised targets, supporting a broadly positive "Buy" consensus.
• Management raised the quarterly dividend to $0.15 (annualized $0.60) even as the stock dipped ~4.4% post-earnings; insiders both bought and sold shares (director bought 11,600, EVP sold 26,623), reflecting mixed positioning.

Wealth Enhancement Advisory Services LLC raised its position in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) by 15.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 147,193 shares of the semiconductor manufacturer's stock after purchasing an additional 20,193 shares during the period. Wealth Enhancement Advisory Services LLC's holdings in Micron Technology were worth $42,010,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Noble Wealth Management PBC purchased a new stake in Micron Technology in the fourth quarter worth about $40,000. REAP Financial Group LLC purchased a new position in Micron Technology during the 3rd quarter valued at about $25,000. Barnes Dennig Private Wealth Management LLC purchased a new position in Micron Technology during the 3rd quarter valued at about $27,000. Cullen Frost Bankers Inc. raised its holdings in shares of Micron Technology by 79.3% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 199 shares of the semiconductor manufacturer's stock valued at $33,000 after purchasing an additional 88 shares in the last quarter. Finally, Osterweis Capital Management Inc. raised its holdings in shares of Micron Technology by 205.5% in the 3rd quarter. Osterweis Capital Management Inc. now owns 223 shares of the semiconductor manufacturer's stock valued at $37,000 after purchasing an additional 150 shares in the last quarter. 80.84% of the stock is currently owned by hedge funds and other institutional investors.

Micron Technology Trading Down 4.4%

NASDAQ:MU opened at $404.35 on Tuesday. The stock has a market capitalization of $456.00 billion, a price-to-earnings ratio of 19.09 and a beta of 1.50. Micron Technology, Inc. has a 52 week low of $61.54 and a 52 week high of $471.34. The company has a quick ratio of 2.32, a current ratio of 2.90 and a debt-to-equity ratio of 0.13. The firm has a 50 day moving average of $403.81 and a 200 day moving average of $287.33.

Micron Technology (NASDAQ:MU - Get Free Report) last released its quarterly earnings results on Wednesday, March 18th. The semiconductor manufacturer reported $12.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $8.50 by $3.70. The business had revenue of $23.86 billion for the quarter, compared to analyst estimates of $18.90 billion. Micron Technology had a net margin of 41.49% and a return on equity of 41.16%. The business's revenue for the quarter was up 196.3% on a year-over-year basis. During the same period in the previous year, the company earned $1.56 earnings per share. As a group, sell-side analysts anticipate that Micron Technology, Inc. will post 6.08 earnings per share for the current fiscal year.

Micron Technology Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Monday, March 30th will be paid 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 is Monday, March 30th. This represents a $0.60 annualized dividend and a yield of 0.1%. Micron Technology's dividend payout ratio (DPR) is presently 2.17%.

Insiders Place Their Bets

In other Micron Technology news, Director Teyin M. Liu purchased 11,600 shares of the firm's stock in a transaction on Tuesday, January 13th. The stock was bought at an average cost of $337.07 per share, for a total transaction of $3,910,012.00. Following the completion of the purchase, the director owned 14,310 shares in the company, valued at $4,823,471.70. This represents a 428.04% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Manish H. Bhatia sold 26,623 shares of the firm's stock in a transaction dated Thursday, January 22nd. The stock was sold at an average price of $391.04, for a total value of $10,410,657.92. Following the completion of the sale, the executive vice president directly owned 323,486 shares of the company's stock, valued at approximately $126,495,965.44. This represents a 7.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders purchased 23,200 shares of company stock valued at $7,821,723 and sold 53,623 shares valued at $21,832,908. Corporate insiders own 0.24% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on MU. Weiss Ratings reiterated a "buy (b-)" rating on shares of Micron Technology in a research note on Thursday, January 29th. Cantor Fitzgerald boosted their price objective on shares of Micron Technology from $450.00 to $700.00 and gave the stock an "overweight" rating in a research note on Thursday, March 19th. Wolfe Research upped their target price on Micron Technology from $300.00 to $350.00 and gave the stock an "outperform" rating in a report on Thursday, December 18th. Bank of America lifted their price target on Micron Technology from $400.00 to $500.00 and gave the company a "buy" rating in a report on Thursday, March 19th. Finally, Morgan Stanley boosted their price target on Micron Technology from $350.00 to $450.00 and gave the stock an "overweight" rating in a research report on Wednesday, February 11th. Five research 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 an average target price of $453.55.

Key Micron Technology News

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

• Positive Sentiment: Blowout Q2 results and record guidance — Micron reported huge revenue and EPS beats and issued fiscal-Q3 guidance that implies continued exceptional revenue, margins and FCF, underpinning optimism about an AI-driven memory supercycle. Micron: Buy The Latest Blowout
• Positive Sentiment: Dividend hike and surging free cash flow — Management raised the dividend (reported ~13% in some writeups, other outlets mention a 30% view) citing strong FCF, which supports valuation and institutional demand. Micron Technology Hikes Its Dividend 30% Due to Surging FCF - MU Is Worth 34% More - What's the Best Play?
• Positive Sentiment: Analyst upgrades and lofty price targets — Multiple brokers have upgraded or maintained Buy/Outperform ratings with high targets ($500+ to $530+), reinforcing bullish sentiment among institutions. Micron Technology: Buy Rating Backed by Surging Profitability, AI-Driven Demand, and Supportive Memory Market Dynamics
• Positive Sentiment: AI/HBM pricing tailwinds — Coverage highlights tight HBM/DRAM supply and potential triple-digit pricing upside, supporting margin expansion and long-term earnings power. Micron Set For Massive AI Pricing Upside
• Neutral Sentiment: Macro/broad-tech bullishness — Market commentary (buy-the-dip, AI secular tailwinds) supports higher multiples for tech names, which can buoy MU alongside peers. What to Expect From the Q1 Earnings Season: AI Strength
• Neutral Sentiment: Positive media takes and growth-ranker pieces — Multiple outlets profile MU as a top growth/AI play, which can attract retail and momentum flows even as volatility persists. Here is Why Growth Investors Should Buy Micron (MU) Now
• Negative Sentiment: Sell-the-news pressure — After the blowout report and a massive run-up, shares experienced notable intraday/near-term declines as traders locked in gains; this explains a pullback despite strong fundamentals. Micron Drops 4% Despite Strong Earnings: Is This a Buying Opportunity?
• Negative Sentiment: Insider selling and skeptical deep dives — Reports show heavy insider sales and several critical Seeking Alpha pieces flagging potential risks (valuation, sustainability of margins, concentration), which add caution for some investors. Micron Technology Stock (MU) Opinions on Q2 Earnings Report
• Negative Sentiment: Critical/contrarian takes — A few articles raise warning signs about cycle timing and risks that could weigh on near-term momentum if inventory/supply dynamics shift. The Troubling Signs Coming Into Focus For Micron Investors

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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