Micron Technology, Inc. $MU Stake Trimmed by Kempner Capital Management Inc.

Kempner Capital Management Inc. lessened its holdings in shares of Micron Technology, Inc. (NASDAQ:MU) by 31.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 33,792 shares of the semiconductor manufacturer’s stock after selling 15,580 shares during the period. Micron Technology comprises approximately 9.0% of Kempner Capital Management Inc.’s investment portfolio, making the stock its biggest position. Kempner Capital Management Inc.’s holdings in Micron Technology were worth $9,645,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. REAP Financial Group LLC purchased a new stake in shares of Micron Technology in the third quarter worth approximately $25,000. Barnes Dennig Private Wealth Management LLC purchased a new position in Micron Technology during the 3rd quarter valued at $27,000. Elevation Wealth Partners LLC grew its position in Micron Technology by 295.8% in the 4th quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer’s stock valued at $27,000 after acquiring an additional 71 shares during the last quarter. Howard Hughes Medical Institute bought a new position in Micron Technology in the 2nd quarter valued at $30,000. Finally, Cullen Frost Bankers Inc. increased its stake in Micron Technology by 79.3% in the third quarter. Cullen Frost Bankers Inc. now owns 199 shares of the semiconductor manufacturer’s stock worth $33,000 after purchasing an additional 88 shares during the period. Institutional investors own 80.84% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on MU shares. Piper Sandler lifted their target price on Micron Technology from $275.00 to $400.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 7th. Royal Bank Of Canada upped their price target on shares of Micron Technology from $425.00 to $525.00 and gave the stock an “outperform” rating in a report on Monday, March 16th. KeyCorp raised their price target on shares of Micron Technology from $450.00 to $600.00 and gave the stock an “overweight” rating in a research note on Thursday, March 19th. Susquehanna boosted their price objective on shares of Micron Technology from $345.00 to $525.00 and gave the company a “positive” rating in a research report on Monday, March 9th. Finally, Morgan Stanley upped their target price on shares of Micron Technology from $350.00 to $450.00 and gave the stock an “overweight” rating in a research note 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 issued a Hold rating to the stock. According to MarketBeat, Micron Technology has an average rating of “Buy” and a consensus target price of $453.55.

Insider Buying and Selling

In other news, Director Teyin M. Liu purchased 11,600 shares of the stock in a transaction dated Tuesday, January 13th. The shares were acquired at an average cost of $337.07 per share, for a total transaction of $3,910,012.00. Following the acquisition, the director owned 14,310 shares of the company’s stock, valued at approximately $4,823,471.70. This represents a 428.04% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Scott R. Allen sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $337.50, for a total transaction of $675,000.00. Following the completion of the sale, the chief accounting officer owned 38,237 shares in the company, valued at $12,904,987.50. This represents a 4.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have purchased 23,200 shares of company stock worth $7,821,723 and have sold 53,623 shares worth $21,832,908. Insiders own 0.24% of the company’s stock.

Micron Technology Price Performance

Shares of MU opened at $395.53 on Wednesday. The stock has a market capitalization of $446.05 billion, a PE ratio of 18.67 and a beta of 1.50. Micron Technology, Inc. has a fifty-two week low of $61.54 and a fifty-two week high of $471.34. 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 company has a 50 day moving average price of $404.96 and a 200-day moving average price of $289.19.

Micron Technology (NASDAQ:MU) last posted its earnings results on Wednesday, March 18th. The semiconductor manufacturer reported $12.20 earnings per share for the quarter, topping analysts’ consensus estimates of $8.50 by $3.70. Micron Technology had a return on equity of 41.16% and a net margin of 41.49%.The company had revenue of $23.86 billion during the quarter, compared to analyst estimates of $18.90 billion. During the same quarter in the prior year, the business earned $1.56 earnings per share. Micron Technology’s revenue was up 196.3% on a year-over-year basis. Equities analysts predict that Micron Technology, Inc. will post 6.08 earnings per share for the current fiscal year.

Micron Technology Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Monday, March 30th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Monday, March 30th. This is an increase from Micron Technology’s previous quarterly dividend of $0.12. This represents a $0.60 dividend on an annualized basis and a yield of 0.2%. Micron Technology’s dividend payout ratio is 2.17%.

Micron Technology News Roundup

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

• Positive Sentiment: Blowout quarter — Micron delivered record Q2 revenue (+196% YoY), outsized margins and EPS well above estimates, underpinning the AI demand story. Micron: Buy The Latest Blowout
• Positive Sentiment: Dividend hike — management raised the dividend ~30%, signalling strong free‑cash‑flow expectations and returning capital to shareholders. Micron Is Raising Its Dividend by a Whopping 30%
• Positive Sentiment: Analyst upside — firms continue to raise price targets (e.g., Raymond James to $530), reflecting belief in sustained AI-driven demand and margin expansion. Raymond James Raises its Price Target on Micron
• Positive Sentiment: Structural demand / pricing power — multiple writeups highlight supply constraints for HBM/DRAM and multi‑year customer commitments that could sustain elevated pricing. Micron’s Profit Supercycle Mirrors Nvidia
• Neutral Sentiment: Broader tech/market context — tech names have reported strong earnings but some investors are rotating, creating volatility that affects even winners like MU; watch sector flows and guidance from peers. After Blowout Earnings, How Much Higher Can Micron Go?
• Negative Sentiment: Heavy capex guidance spooked investors — management outlined ~ $25B FY26 capex plus ~$10B construction in FY27, raising capital‑efficiency and execution concerns despite growth rationale. The ‘Problem’ With Micron’s Guidance
• Negative Sentiment: Competitor investment increases risk of faster supply growth — SK Hynix announced a large equipment push, which investors fear could accelerate industry capacity add and pressure pricing or margins later. Micron Stock Falls As Rival SK Hynix Ups Investments
• Negative Sentiment: Sell‑the‑news volatility — several outlets note a sharp post‑earnings pullback (panic/rotation) even after the beat, amplifying downside in the near term. Micron stock sinks for a fourth straight day despite dominant earnings report

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.