TKG Advisors LLC Invests $3.35 Million in Micron Technology, Inc. $MU

TKG Advisors LLC bought a new position in Micron Technology, Inc. (NASDAQ:MU) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 20,031 shares of the semiconductor manufacturer’s stock, valued at approximately $3,352,000. Micron Technology comprises approximately 1.4% of TKG Advisors LLC’s portfolio, making the stock its 22nd biggest holding.

Other large investors have also recently modified their holdings of the company. Orleans Capital Management Corp LA bought a new position in Micron Technology during the second quarter valued at approximately $256,000. Cary Street Partners Financial LLC raised its stake in Micron Technology by 25.0% during the 2nd quarter. Cary Street Partners Financial LLC now owns 26,132 shares of the semiconductor manufacturer’s stock valued at $3,221,000 after buying an additional 5,233 shares during the last quarter. Wealthspire Advisors LLC raised its stake in Micron Technology by 27.8% during the 2nd quarter. Wealthspire Advisors LLC now owns 14,754 shares of the semiconductor manufacturer’s stock valued at $1,818,000 after buying an additional 3,208 shares during the last quarter. KLP Kapitalforvaltning AS lifted its holdings in shares of Micron Technology by 6.2% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 403,105 shares of the semiconductor manufacturer’s stock valued at $49,683,000 after buying an additional 23,600 shares during the period. Finally, WealthBridge Capital Management LLC purchased a new position in shares of Micron Technology in the 2nd quarter worth $210,000. Institutional investors own 80.84% of the company’s stock.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: Director insider buy — Micron director Teyin M. Liu purchased 11,600 shares (~$3.9M) at about $337, increasing her stake ~81%, a signal management confidence that investors treat as supportive for the stock. Insider Buying: Micron Technology Director Acquires Stock
• Positive Sentiment: Industry veteran buying — Former TSMC co‑CEO Mark Liu bought roughly $8M of MU shares, interpreted as a strategic vote of confidence from an industry insider. MarketWatch: $8M vote of confidence
• Positive Sentiment: Analyst upgrades and higher price targets — Multiple firms raised targets and ratings (Cantor Fitzgerald to $450, Wells Fargo to $410, Citi to $385; RBC initiated with Outperform/$425), providing fresh buy‑side catalysts and institutional validation. Cantor Fitzgerald raises target
• Positive Sentiment: Fundamentals: HBM ramp and booked capacity — MarketBeat and other coverage highlight Micron’s accelerating HBM production, sold‑out bookings through 2026 and near‑term margin leverage from strong pricing — a core driver of upside as AI datacenter demand stays tight. MarketBeat HBM ramp story
• Neutral Sentiment: Zacks and other growth lists keep MU among top AI/semiconductor picks (Zacks Rank #1), supporting interest but also meaning MU is part of a crowded thematic trade. Zacks: Best Growth Stocks
• Neutral Sentiment: Pre‑market commentary notes renewed Wall Street attention that is lifting MU in early trading; such headlines can accelerate flows but also amplify short‑term volatility. TipRanks: Why MU is rallying pre-market
• Negative Sentiment: Profit‑taking and crowding risk — After a rapid rerating, some investors are taking profits; that selling can create short‑term pullbacks even with bullish analyst revisions. Seeking Alpha: Taking profits after rerating
• Negative Sentiment: Rotation/competition risk — Some analysts argue other AI chip names (e.g., Nvidia) could capture more investor attention and reallocations, which could divert flows away from memory stocks like MU. Zacks: This AI chip stock could be next
• Negative Sentiment: Volatility/reminder of downside scenarios — Coverage (Forbes et al.) outlines how MU has historically suffered sharp drawdowns (>30%), underscoring elevated risk despite strong fundamentals. Forbes: Risk of sharp drops

Insiders Place Their Bets

In other news, EVP April S. Arnzen sold 15,000 shares of the company’s stock in a transaction dated Monday, December 22nd. The stock was sold at an average price of $277.09, for a total value of $4,156,350.00. Following the sale, the executive vice president owned 165,618 shares in the company, valued at $45,891,091.62. This represents a 8.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Sanjay Mehrotra sold 22,500 shares of the firm’s stock in a transaction dated Monday, October 27th. The stock was sold at an average price of $220.72, for a total value of $4,966,200.00. Following the sale, the chief executive officer directly owned 446,578 shares in the company, valued at approximately $98,568,696.16. This trade represents a 4.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 318,800 shares of company stock worth $72,333,387. 0.24% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

MU has been the topic of a number of recent research reports. BNP Paribas Exane raised Micron Technology from an “underperform” rating to an “outperform” rating and set a $270.00 target price on the stock in a report on Monday, October 13th. UBS Group increased their price objective on shares of Micron Technology from $300.00 to $400.00 and gave the stock a “buy” rating in a research note on Wednesday, January 7th. Wells Fargo & Company boosted their target price on shares of Micron Technology from $335.00 to $410.00 and gave the company an “overweight” rating in a research report on Thursday. Wedbush set a $320.00 price target on shares of Micron Technology in a research report on Thursday, December 18th. Finally, Cowen reissued a “buy” rating on shares of Micron Technology in a research report on Thursday, December 11th. Five analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $320.62.

Micron Technology Stock Performance

MU opened at $336.63 on Friday. The company has a current ratio of 2.46, a quick ratio of 1.78 and a debt-to-equity ratio of 0.19. Micron Technology, Inc. has a 12-month low of $61.54 and a 12-month high of $351.23. The firm has a 50 day moving average of $265.40 and a two-hundred day moving average of $190.13. The firm has a market capitalization of $378.88 billion, a PE ratio of 32.00, a P/E/G ratio of 0.21 and a beta of 1.50.

Micron Technology (NASDAQ:MU) last released its quarterly earnings data on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 EPS for the quarter, beating the consensus estimate of $3.77 by $1.01. Micron Technology had a net margin of 28.15% and a return on equity of 22.71%. The business had revenue of $13.64 billion for the quarter, compared to the consensus estimate of $12.62 billion. During the same period in the prior year, the firm earned $1.79 EPS. The business’s revenue for the quarter was up 56.7% on a year-over-year basis. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. On average, analysts anticipate that Micron Technology, Inc. will post 6.08 EPS for the current year.

Micron Technology Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 14th. Shareholders of record on Monday, December 29th were paid a dividend of $0.115 per share. The ex-dividend date was Monday, December 29th. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.1%. Micron Technology’s dividend payout ratio (DPR) is presently 4.37%.

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.