Micron Technology, Inc. $MU is Westbourne Investments Inc.’s 10th Largest Position

Westbourne Investments Inc. cut its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 12.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 19,392 shares of the semiconductor manufacturer’s stock after selling 2,688 shares during the period. Micron Technology makes up 2.6% of Westbourne Investments Inc.’s investment portfolio, making the stock its 10th biggest holding. Westbourne Investments Inc.’s holdings in Micron Technology were worth $5,535,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MU. Elevation Wealth Partners LLC increased its position in 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 purchasing an additional 71 shares during the period. Noble Wealth Management PBC acquired a new position in Micron Technology during the 4th quarter worth approximately $40,000. REAP Financial Group LLC acquired a new position in Micron Technology during the 3rd quarter worth approximately $25,000. Barnes Dennig Private Wealth Management LLC acquired a new position in Micron Technology during the 3rd quarter worth approximately $27,000. Finally, Cullen Frost Bankers Inc. increased its position in 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 purchasing an additional 88 shares during the period. 80.84% of the stock is owned by hedge funds and other institutional investors.

Key Micron Technology News

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

• Positive Sentiment: UBS raised its price target and reiterated a Buy, citing stronger pricing and durable memory demand — a high-profile analyst boost that supports further upside. Micron price target boosted by UBS
• Positive Sentiment: Micron announced a strategic investment in SiMa.ai and outlined a $35.5M community investment tied to its planned New York megafab — signals the company is building an AI/ecosystem moat and advancing capacity plans. Micron Expands AI Ecosystem
• Positive Sentiment: Capacity expansion: Micron is acquiring Powerchip’s Taichung P5 site and launching cleanroom projects in Taiwan to boost DRAM/HBM output — directly addresses tight supply for AI datacenters and supports pricing power. Micron Expands Taiwan DRAM Footprint
• Positive Sentiment: Yesterday’s sector rally pushed MU sharply higher as de‑escalation in the Middle East and signs of tighter memory markets ignited buying — momentum and institutional accumulation remain supportive. Micron Shares Skyrocket
• Neutral Sentiment: Market commentary continues to highlight Micron as a core AI-memory play; broader sector views (Nasdaq correction talk, AI stock lists) may shift flows into or out of MU depending on risk appetite. Nasdaq correction and AI stock picks
• Negative Sentiment: Profit-taking / technical pullback: MU is trading lower premarket as investors trim positions after a rapid multi‑day surge — some of yesterday’s gains are being unwound. Stocks to Watch
• Negative Sentiment: Cycle/risk reminders: Several commentaries warn Micron’s run could be a crowded, cyclical trade — if AI demand or pricing momentum cools, MU could see volatility. (coverage across analysts and commentary.)

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on MU shares. Piper Sandler boosted 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. Summit Insights cut Micron Technology from a “buy” rating to a “hold” rating in a research report on Thursday, March 19th. Erste Group Bank cut Micron Technology from a “buy” rating to a “hold” rating in a research report on Thursday, April 2nd. Needham & Company LLC boosted their target price on Micron Technology from $450.00 to $500.00 and gave the stock a “buy” rating in a research report on Thursday, March 19th. Finally, Morgan Stanley boosted their target price on Micron Technology from $350.00 to $450.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 11th. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $464.61.

Micron Technology Stock Performance

MU opened at $406.73 on Thursday. The stock has a market cap of $458.68 billion, a P/E ratio of 19.20 and a beta of 1.60. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.90 and a quick ratio of 2.32. The stock’s 50 day simple moving average is $401.66 and its 200 day simple moving average is $304.60. Micron Technology, Inc. has a 1-year low of $63.70 and a 1-year high of $471.34.

Micron Technology Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Monday, March 30th will be issued a $0.15 dividend. The ex-dividend date is Monday, March 30th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. This is an increase from Micron Technology’s previous quarterly dividend of $0.12. Micron Technology’s payout ratio is currently 2.83%.

Insider Transactions at Micron Technology

In other news, Director Teyin M. Liu purchased 7,820 shares of the stock in a transaction that occurred on Wednesday, January 14th. The shares were acquired at an average price of $337.50 per share, for a total transaction of $2,639,250.00. Following the acquisition, the director directly owned 25,910 shares in the company, valued at approximately $8,744,625. The trade was a 43.23% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Sumit Sadana sold 25,000 shares of the company’s stock in a transaction that occurred 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 owned 248,021 shares in the company, valued at approximately $106,621,747.69. This represents a 9.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have acquired 23,200 shares of company stock worth $7,821,723 and have sold 91,623 shares worth $35,053,508. Company insiders own 0.24% of the company’s stock.

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.