Micron Technology, Inc. $MU Shares Sold by Rathbones Group PLC
by Scott Moore · The Cerbat GemRathbones Group PLC trimmed its holdings in shares of Micron Technology, Inc. (NASDAQ:MU – Free Report) by 8.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,665 shares of the semiconductor manufacturer’s stock after selling 2,017 shares during the quarter. Rathbones Group PLC’s holdings in Micron Technology were worth $5,898,000 as of its most recent SEC filing.
Several other large investors have also made changes to their positions in MU. REAP Financial Group LLC acquired a new position in shares of Micron Technology during the 3rd quarter worth approximately $25,000. Barnes Dennig Private Wealth Management LLC acquired a new position in shares of Micron Technology during the 3rd quarter worth approximately $27,000. Elevation Wealth Partners LLC raised its stake in shares of Micron Technology by 295.8% during the 4th quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer’s stock worth $27,000 after buying an additional 71 shares during the period. Howard Hughes Medical Institute acquired a new position in shares of Micron Technology during the 2nd quarter worth approximately $30,000. Finally, Cullen Frost Bankers Inc. raised its stake in shares of Micron Technology by 79.3% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 199 shares of the semiconductor manufacturer’s stock worth $33,000 after buying an additional 88 shares during the period. 80.84% of the stock is owned by institutional investors and hedge funds.
Micron Technology Stock Up 3.1%
NASDAQ MU opened at $377.76 on Tuesday. The business has a fifty day moving average price of $402.88 and a 200 day moving average price of $302.37. Micron Technology, Inc. has a one year low of $61.54 and a one year 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 market cap of $426.01 billion, a P/E ratio of 17.84 and a beta of 1.60.
Micron Technology Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Monday, March 30th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.2%. The ex-dividend date is Monday, March 30th. This is an increase from Micron Technology’s previous quarterly dividend of $0.12. Micron Technology’s dividend payout ratio (DPR) is currently 2.83%.
Key Stories Impacting Micron Technology
Here are the key news stories impacting Micron Technology this week:
- Positive Sentiment: KeyBanc reiterated an upgrade and a high $600 price target, arguing continued structural demand for high‑bandwidth memory tied to AI servers — the note bolsters the bull case and is cited as a near‑term catalyst. Micron Stock Rises. Why This Analyst Sees a 60% Gain
- Positive Sentiment: MarketBeat / InvestorPlace coverage highlights Micron as a core beneficiary of NVIDIA’s data‑center roadmap — institutional accumulation and record revenue prints for AI memory are supporting further multiple expansion. These 4 Stocks Are Quietly Riding NVIDIA’s Data Center Boom Higher
- Positive Sentiment: Zacks and other market write‑ups position Micron as one of the primary AI infrastructure plays (alongside storage and networking names), reinforcing investor rotation into memory stocks on bullish growth forecasts. Forget NVIDIA: 2 AI Stocks Poised to Be Next Big Winners
- Positive Sentiment: Reports (Benzinga coverage) say Micron has secured major AI deals with pricing floors and upfront payments — that improves revenue visibility and reduces spot‑price exposure, a meaningful fundamental positive for near‑term cash flow. What Do Experts Think Of Micron Technology’s Competition And Fundamentals?
- Neutral Sentiment: Macro and market sentiment (e.g., ceasefire optimism) are lifting indexes and helping MU alongside other cyclical tech names — positive flow, but not company‑specific fundamental news. Nasdaq 100: Seagate, Micron Lift US Indices on Ceasefire Optimism
- Negative Sentiment: Insider selling remains prominent (recent EVP sale ~ $13.9M and multiple documented insider dispositions). Heavy insider sales can be read as a signal to traders and may pressure sentiment if they continue. Insider Selling: Micron Technology (NASDAQ:MU) EVP Sells $13,895,600.00 in Stock
- Negative Sentiment: Critical analysis flags potential risks: algorithmic/trend‑driven upside (“turboquant”), capex timing/lags, and historical patterns where momentum names can sharply pull back — these cautionary takes argue for discipline around valuation and timing. Micron: TurboQuant And Capex Lag Is Not A Good Combination
Analyst Ratings Changes
Several brokerages have recently weighed in on MU. Wedbush upped their target price on Micron Technology from $320.00 to $500.00 and gave the stock an “outperform” rating in a research note on Friday, March 13th. Deutsche Bank Aktiengesellschaft upped their target price on Micron Technology from $500.00 to $550.00 and gave the stock a “buy” rating in a research note on Thursday, March 19th. Wolfe Research increased their price objective on Micron Technology from $300.00 to $350.00 and gave the company an “outperform” rating in a research note on Thursday, December 18th. HSBC increased their price objective on Micron Technology from $350.00 to $500.00 and gave the company a “buy” rating in a research note on Friday, January 23rd. Finally, William Blair started coverage on Micron Technology in a research note on Thursday, January 22nd. They issued an “outperform” rating for the company. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, Micron Technology presently has an average rating of “Buy” and an average price target of $463.71.
Get Our Latest Stock Analysis on Micron Technology
Insider Buying and Selling
In other Micron Technology news, EVP Sumit Sadana sold 25,000 shares of the company’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $429.89, for a total value of $10,747,250.00. Following the completion of the sale, the executive vice president directly owned 248,021 shares in the company, valued at $106,621,747.69. This represents a 9.16% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Manish H. Bhatia sold 26,623 shares of the company’s stock in a transaction on Thursday, January 22nd. The shares were 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 owned 323,486 shares of the company’s stock, valued at approximately $126,495,965.44. The trade was a 7.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have purchased 23,200 shares of company stock valued at $7,821,723 and have sold 91,623 shares valued at $35,053,508. 0.24% of the stock is owned by corporate insiders.
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.