Global Retirement Partners LLC Has $8.67 Million Stock Holdings in Micron Technology, Inc. $MU

Global Retirement Partners LLC boosted its holdings in Micron Technology, Inc. (NASDAQ:MU) by 60.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 30,383 shares of the semiconductor manufacturer’s stock after buying an additional 11,411 shares during the period. Global Retirement Partners LLC’s holdings in Micron Technology were worth $8,672,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Twin Capital Management Inc. raised its holdings in Micron Technology by 53.0% during the fourth quarter. Twin Capital Management Inc. now owns 15,213 shares of the semiconductor manufacturer’s stock worth $4,342,000 after buying an additional 5,272 shares during the last quarter. Financial Synergies Wealth Advisors Inc. purchased a new position in shares of Micron Technology in the fourth quarter worth about $1,316,000. Mach 1 Financial Group LLC purchased a new stake in shares of Micron Technology in the 4th quarter worth about $1,278,000. Callahan Advisors LLC bought a new stake in shares of Micron Technology in the 4th quarter worth approximately $274,000. Finally, Griffin Asset Management Inc. purchased a new stake in shares of Micron Technology during the 4th quarter valued at about $340,000. 80.84% of the stock is owned by institutional investors.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: Micron is benefiting from tightening memory supply after Samsung labor negotiations broke down, which could support higher chip prices and margins. Micron Stock Is on a Tear. Chip Shortage Threat Looms as Samsung Strike Talks Break Down.
• Positive Sentiment: Analysts turned more bullish, with Melius reportedly lifting its Micron price target to $1,100 after the stock pulled back. Melius raises Micron stock target to $1,100 after MU drops 6%
• Positive Sentiment: Micron’s AI memory strategy is drawing attention as it samples higher-capacity DDR5 server modules for AI data centers, supporting the long-term growth narrative. Is Micron (MU) Quietly Redefining Its AI Data Center Edge With Ultra‑Dense DDR5 Memory?
• Positive Sentiment: Broader market coverage continues to frame Micron as a leading beneficiary of the AI memory supercycle, with investors rotating into memory stocks. The Great AI Rotation: Cashing In on Data (MU)
• Neutral Sentiment: Several commentary pieces highlighted Micron’s recent pullback and debated whether the stock should be bought now or on a deeper dip, reflecting ongoing volatility rather than a clear fundamental change. Down 14%, Should You Buy the Dip in Micron Stock?
• Negative Sentiment: Some analysts warned that the easy money in the current cycle may be behind Micron, suggesting expectations are high and the stock could be more vulnerable if memory pricing cools. Micron: The Easy Money In This Cycle Is Behind Us

Insider Activity

In other news, EVP April S. Arnzen sold 40,000 shares of the firm’s stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $347.39, for a total value of $13,895,600.00. Following the sale, the executive vice president directly owned 125,737 shares of the company’s stock, valued at approximately $43,679,776.43. This trade represents a 24.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sanjay Mehrotra sold 40,000 shares of the business’s stock in a transaction that occurred 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 sale, the chief executive officer owned 424,503 shares in the company, valued at approximately $227,643,978.78. This represents a 8.61% 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 106,000 shares of company stock worth $47,032,460. Insiders own 0.24% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on MU. HSBC upped their price target on Micron Technology from $350.00 to $500.00 and gave the stock a “buy” rating in a research note on Friday, January 23rd. Needham & Company LLC raised their price target on shares of Micron Technology from $450.00 to $500.00 and gave the stock a “buy” rating in a research note on Thursday, March 19th. Stifel Nicolaus increased their target price on shares of Micron Technology from $360.00 to $550.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. Morgan Stanley increased their price objective on Micron Technology from $350.00 to $450.00 and gave the company an “overweight” rating in a report on Wednesday, February 11th. Finally, William Blair assumed coverage on Micron Technology in a research note on Thursday, January 22nd. They set an “outperform” rating on the stock. Five equities research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $518.47.

Micron Technology Trading Up 4.8%

Shares of MU stock opened at $731.99 on Thursday. The company has a quick ratio of 2.32, a current ratio of 2.90 and a debt-to-equity ratio of 0.13. Micron Technology, Inc. has a fifty-two week low of $90.93 and a fifty-two week high of $818.67. The stock has a market capitalization of $825.49 billion, a P/E ratio of 34.56 and a beta of 1.91. The stock has a 50-day simple moving average of $498.20 and a 200 day simple moving average of $381.87.

Micron Technology Increases Dividend

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

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.