Fiducient Advisors LLC Acquires Shares of 1,170 Micron Technology, Inc. $MU

by · The Cerbat Gem

Fiducient Advisors LLC acquired a new stake in Micron Technology, Inc. (NASDAQ:MU – Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The firm acquired 1,170 shares of the semiconductor manufacturer’s stock, valued at approximately $334,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MU. AQR Capital Management LLC increased its stake in Micron Technology by 411.9% in the 3rd quarter. AQR Capital Management LLC now owns 3,627,022 shares of the semiconductor manufacturer’s stock valued at $606,873,000 after buying an additional 2,918,535 shares during the last quarter. Vanguard Group Inc. increased its stake in Micron Technology by 1.9% in the 4th quarter. Vanguard Group Inc. now owns 106,608,094 shares of the semiconductor manufacturer’s stock valued at $30,427,016,000 after buying an additional 1,954,644 shares during the last quarter. California Public Employees Retirement System increased its stake in Micron Technology by 70.2% in the 3rd quarter. California Public Employees Retirement System now owns 3,023,799 shares of the semiconductor manufacturer’s stock valued at $505,942,000 after buying an additional 1,246,773 shares during the last quarter. Voloridge Investment Management LLC increased its stake in Micron Technology by 1,064.3% in the 3rd quarter. Voloridge Investment Management LLC now owns 1,304,471 shares of the semiconductor manufacturer’s stock valued at $218,264,000 after buying an additional 1,192,433 shares during the last quarter. Finally, Wellington Management Group LLP increased its stake in Micron Technology by 19.9% in the 3rd quarter. Wellington Management Group LLP now owns 7,150,530 shares of the semiconductor manufacturer’s stock valued at $1,196,427,000 after buying an additional 1,188,296 shares during the last quarter. Hedge funds and other 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: UBS raised its price target on Micron to a Wall Street-high $1,625, reinforcing the view that AI memory demand can support much higher earnings and valuation multiples. Benzinga
  • Positive Sentiment: Barclays also boosted its target to $1,175 and kept an Overweight rating, adding to the bullish analyst momentum around MU. Finbold
  • Positive Sentiment: Commentary across several outlets points to surging AI infrastructure spending, tight memory supply, and improving pricing power, which could lift Micron’s margins and earnings further. Zacks
  • Neutral Sentiment: Micron’s market value crossing $1 trillion has drawn enormous attention and momentum buying, but it also raises valuation questions and has sparked debate about whether the rally is becoming overextended. GuruFocus
  • Neutral Sentiment: Some articles highlight that Micron is now being compared with other AI winners and memory peers such as SK Hynix and Samsung, underscoring a broader sector rerating rather than a company-specific event alone. Barron's
  • Negative Sentiment: At least one piece warns that Micron may be “priced for perfection,” suggesting the stock could be vulnerable if AI spending slows or memory prices normalize faster than expected. 24/7 Wall St.

Micron Technology Stock Down 0.5%

Micron Technology stock opened at $923.52 on Friday. Micron Technology, Inc. has a 1-year low of $92.22 and a 1-year high of $956.16. The firm has a market capitalization of $1.04 trillion, a price-to-earnings ratio of 43.60 and a beta of 1.91. The company has a current ratio of 2.90, a quick ratio of 2.32 and a debt-to-equity ratio of 0.13. The firm has a 50 day simple moving average of $547.31 and a 200 day simple moving average of $407.37.

Micron Technology (NASDAQ:MU – Get Free Report) last released its quarterly earnings data on Wednesday, March 18th. The semiconductor manufacturer reported $12.20 earnings per share for the quarter, beating analysts’ consensus estimates of $9.19 by $3.01. Micron Technology had a net margin of 41.49% and a return on equity of 41.16%. The business had revenue of $23.86 billion during the quarter, compared to analyst estimates of $19.97 billion. During the same period in the previous year, the business earned $1.56 EPS. Micron Technology’s revenue was up 196 compared to the same quarter last year. On average, analysts predict that Micron Technology, Inc. will post 57.82 earnings per share for the current year.

Micron Technology Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Monday, March 30th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Monday, March 30th. This is a positive change from Micron Technology’s previous quarterly dividend of $0.12. Micron Technology’s payout ratio is 2.83%.

Insider Activity

In other Micron Technology news, CEO Sanjay Mehrotra sold 40,000 shares of the firm’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $536.26, for a total value of $21,450,400.00. Following the completion of the transaction, the chief executive officer directly owned 424,503 shares of the company’s stock, valued at $227,643,978.78. This trade represents a 8.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Sumit Sadana sold 24,000 shares of the firm’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 completion of the transaction, the executive vice president directly owned 224,021 shares of the company’s stock, valued at approximately $94,391,248.35. The trade was a 9.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 106,000 shares of company stock valued at $47,032,460 in the last quarter. 0.24% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. Cantor Fitzgerald raised their price target 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. Citigroup raised their price target on shares of Micron Technology from $425.00 to $840.00 and gave the stock a “buy” rating in a research note on Tuesday, May 19th. Summit Insights lowered shares of Micron Technology from a “buy” rating to a “hold” rating in a research note on Thursday, March 19th. JPMorgan Chase & Co. raised their price target on shares of Micron Technology from $350.00 to $550.00 and gave the stock an “overweight” rating in a research note on Thursday, March 19th. Finally, Melius Research assumed coverage on shares of Micron Technology in a research note on Monday, April 27th. They set a “buy” rating and a $700.00 price target for the company. Five equities research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $554.80.

Get Our Latest Stock Analysis on Micron Technology

Micron Technology Company Profile

(Free Report)

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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