New England Capital Financial Advisors LLC Sells 999 Shares of Micron Technology, Inc. $MU

New England Capital Financial Advisors LLC lessened its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 49.1% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,034 shares of the semiconductor manufacturer’s stock after selling 999 shares during the period. New England Capital Financial Advisors LLC’s holdings in Micron Technology were worth $295,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of MU. REAP Financial Group LLC purchased a new position in Micron Technology during the third quarter valued at approximately $25,000. Barnes Dennig Private Wealth Management LLC purchased a new position in Micron Technology during the third quarter valued at approximately $27,000. Elevation Wealth Partners LLC increased its holdings in Micron Technology by 295.8% during the fourth quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer’s stock valued at $27,000 after buying an additional 71 shares during the period. Steigerwald Gordon & Koch Inc. increased its holdings in Micron Technology by 4,800.0% during the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 98 shares of the semiconductor manufacturer’s stock valued at $28,000 after buying an additional 96 shares during the period. Finally, GHP Investment Advisors Inc. increased its holdings in Micron Technology by 91.2% during the fourth quarter. GHP Investment Advisors Inc. now owns 109 shares of the semiconductor manufacturer’s stock valued at $31,000 after buying an additional 52 shares during the period. 80.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

MU has been the topic of several research reports. William Blair initiated coverage on shares of Micron Technology in a report on Thursday, January 22nd. They set an “outperform” rating on the stock. Mizuho lifted their price objective on shares of Micron Technology from $480.00 to $530.00 and gave the company an “outperform” rating in a report on Thursday, March 19th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Micron Technology from $500.00 to $550.00 and gave the company a “buy” rating in a report on Thursday, March 19th. Rosenblatt Securities reissued a “buy” rating and set a $500.00 price objective on shares of Micron Technology in a report on Monday, March 16th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Micron Technology in a report on Thursday, January 29th. Five equities research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Buy” and an average price target of $478.24.

Micron Technology Price Performance

NASDAQ MU opened at $517.16 on Friday. The firm’s fifty day simple moving average is $422.13 and its two-hundred day simple moving average is $336.46. 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 $77.64 and a 12-month high of $535.50. The firm has a market capitalization of $583.22 billion, a P/E ratio of 24.42 and a beta of 1.60.

Micron Technology Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Monday, March 30th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. This is a boost from Micron Technology’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend was Monday, March 30th. Micron Technology’s dividend payout ratio is presently 2.83%.

Insiders Place Their Bets

In other news, EVP April S. Arnzen sold 40,000 shares of the business’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $347.39, for a total transaction of $13,895,600.00. Following the sale, the executive vice president directly owned 125,737 shares of the company’s stock, valued at $43,679,776.43. The trade was a 24.13% 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. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sumit Sadana sold 24,000 shares of the business’s stock in a transaction on 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 sale, the executive vice president directly owned 224,021 shares in the company, valued at $94,391,248.35. This trade represents a 9.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 89,000 shares of company stock worth $34,755,250 over the last three months. Corporate insiders own 0.24% of the company’s stock.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: Top analyst DA Davidson initiated coverage with an aggressive $1,000 price target, underpinning the recently renewed buy interest in MU and supporting upside expectations. Micron Stock Price Can Double to $1,000, Analyst Says. Here’s How.
• Positive Sentiment: Memory-sector momentum from strong results at peers (notably Seagate) and broad AI infrastructure spending has lifted Micron shares as investors price in higher DRAM/NAND demand for data centers and AI systems. Micron stock jumps 5% as AI boom fuels memory demand optimism
• Positive Sentiment: Meta’s earnings/capex commentary has prompted buyers into AI supply-chain names (including Micron) as investors anticipate sustained enterprise AI capex that benefits memory suppliers. Why smart investors are buying Nvidia and Micron after Meta’s call
• Positive Sentiment: Component shortages and higher memory prices are supporting vendor margins and pricing power; Apple’s strong margins despite shortages is a positive signal for memory suppliers like Micron. Apple Gross Margins Soar Despite Component Shortages
• Neutral Sentiment: Independent coverage and stock-picking write-ups continue to spotlight MU among AI beneficiaries; these pieces increase visibility but don’t guarantee near-term moves. Micron Technology (NASDAQ:MU) Research Coverage Started at Melius Research
• Neutral Sentiment: Micron will present at the J.P. Morgan TMT conference (May 20), giving management a platform to update investors on HBM, capacity plans and margins — an event to watch for guidance or color. Micron Announces Participation in Investor Event
• Neutral Sentiment: Valuation-focused coverage asks whether MU’s rapid run already prices in a best-case AI memory supercycle; these analyses could encourage profit-taking or more measured buying by value-focused funds. Is It Too Late To Consider Micron Technology (MU) After Its Rapid Share Price Surge
• Negative Sentiment: Market strategists warn the semiconductor rally has been sharp and volatility may follow; a broader pullback in the sector could weigh on MU despite long-term tailwinds. The Semiconductor Pop Was Violent — the Pullback Could Be Too

Micron Technology 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.