Thurston Springer Miller Herd & Titak Inc. Increases Position in Micron Technology, Inc. $MU

04 Apr 2026, 08:02 by Renee Jackson · The Cerbat Gem

Thurston Springer Miller Herd & Titak Inc. lifted its holdings in Micron Technology, Inc. (NASDAQ:MU – Free Report) by 193.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,824 shares of the semiconductor manufacturer’s stock after buying an additional 1,863 shares during the quarter. Thurston Springer Miller Herd & Titak Inc.’s holdings in Micron Technology were worth $806,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in shares of Micron Technology by 0.7% during the third quarter. Vanguard Group Inc. now owns 104,653,450 shares of the semiconductor manufacturer’s stock valued at $17,510,615,000 after purchasing an additional 773,788 shares in the last quarter. State Street Corp boosted its holdings in shares of Micron Technology by 0.6% in the 3rd quarter. State Street Corp now owns 51,659,173 shares of the semiconductor manufacturer’s stock valued at $8,643,613,000 after buying an additional 285,582 shares in the last quarter. Capital International Investors boosted its holdings in shares of Micron Technology by 0.7% in the 3rd quarter. Capital International Investors now owns 23,372,821 shares of the semiconductor manufacturer’s stock valued at $3,910,198,000 after buying an additional 155,860 shares in the last quarter. Invesco Ltd. grew its position in shares of Micron Technology by 8.0% in the 3rd quarter. Invesco Ltd. now owns 9,622,166 shares of the semiconductor manufacturer’s stock worth $1,609,981,000 after buying an additional 708,716 shares during the last quarter. Finally, Legal & General Group Plc grew its position in shares of Micron Technology by 1.9% in the 3rd quarter. Legal & General Group Plc now owns 7,275,842 shares of the semiconductor manufacturer’s stock worth $1,217,394,000 after buying an additional 135,850 shares during the last quarter. 80.84% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

MU has been the subject of a number of analyst reports. Citigroup decreased their target price on shares of Micron Technology from $510.00 to $425.00 and set a “buy” rating for the company in a research report on Tuesday. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Micron Technology from $500.00 to $550.00 and gave the stock a “buy” rating in a report on Thursday, March 19th. Wells Fargo & Company increased their price objective on Micron Technology from $470.00 to $550.00 and gave the company an “overweight” rating in a report on Thursday, March 19th. TD Cowen upped their target price on Micron Technology from $450.00 to $500.00 and gave the company a “buy” rating in a research report on Monday, March 16th. Finally, Piper Sandler increased their price target on Micron Technology from $275.00 to $400.00 and gave the company an “overweight” rating in a research note on Wednesday, January 7th. Five research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $463.71.

Check Out Our Latest Stock Report on MU

Insider Activity at Micron Technology

In other news, CAO Scott R. Allen sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $337.50, for a total transaction of $675,000.00. Following the sale, the chief accounting officer owned 38,237 shares of the company’s stock, valued at $12,904,987.50. This trade represents a 4.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Sumit Sadana sold 25,000 shares of Micron Technology stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $429.89, for a total transaction of $10,747,250.00. Following the completion of the transaction, the executive vice president directly owned 248,021 shares of the company’s stock, valued at $106,621,747.69. The trade was 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 bought 23,200 shares of company stock valued at $7,821,723 and sold 93,623 shares valued at $35,728,508. Insiders own 0.24% of the company’s stock.

Micron Technology Stock Performance

NASDAQ MU opened at $366.24 on Friday. The firm has a market capitalization of $413.02 billion, a P/E ratio of 17.29 and a beta of 1.60. The stock has a 50-day simple moving average of $403.11 and a two-hundred day simple moving average of $298.93. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.32 and a current ratio of 2.90. Micron Technology, Inc. has a fifty-two week low of $61.54 and a fifty-two week high of $471.34.

Micron Technology Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Monday, March 30th will be given a dividend of $0.15 per share. This is an increase from Micron Technology’s previous quarterly dividend of $0.12. This represents a $0.60 annualized dividend and a yield of 0.2%. The ex-dividend date is Monday, March 30th. Micron Technology’s dividend payout ratio (DPR) is 2.83%.

Key Stories Impacting Micron Technology

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

Positive Sentiment: Micron is ramping production to supply NVIDIA’s next‑gen Vera Rubin systems, directly tying MU to near‑term AI server demand and potential revenue upside. Micron Technology (MU) Ramping Up Production For NVDA’s Next-Gen Vera Rubin Systems
Positive Sentiment: Rosenblatt and other analysts remain bullish (consensus price targets materially above current levels), supporting upside expectations if AI demand sustains. Rosenblatt Bullish on Micron Technology (MU) Amid Strong Revenue Growth
Positive Sentiment: Market commentators and some strategists are pitching MU as a “buy the pullback” AI‑storage play, arguing the recent drop is fear‑driven rather than fundamentals‑driven. Micron Stock and Sandisk Retreat. Why This Wall Street Firm Says to Buy the Pullback.
Positive Sentiment: Top analysts have highlighted multi‑year AI upside for MU, and high‑profile investors adding exposure has supported confidence in the sector’s growth runway. Top Analyst Calls Micron Stock (MU) a “Top Pick,” Sees Multi-Year AI Upside
Neutral Sentiment: Longer‑term speculative pieces debate whether MU can reach trillion‑dollar scale by 2030; useful for context but not immediate catalysts. Will Micron Be a Trillion-Dollar Company By 2030?
Neutral Sentiment: Valuation narratives: some bullish pieces call MU “cheap” on multiples but warn the company must prove structural tailwinds vs. cyclical memory cycles. Prediction: This Memory Supercycle Growth Stock Could 3X by 2030
Negative Sentiment: Citi cut its price target citing DDR5 DRAM softness and risk from Google’s TurboQuant memory‑compression tech; that note triggered a notable pullback. Micron Drops 6% After Citi’s Price Target Cut: 3 Reasons Bears and Bulls Are Both Right
Negative Sentiment: Coverage changes: Erste downgraded MU from buy to hold, adding near‑term analyst caution that can weigh on sentiment. Finviz
Negative Sentiment: Tech‑sector headwinds (e.g., commodity/oil moves and broader market rotations) have pressured chip names, creating volatility risk for MU despite solid fundamentals. Oil Surge Shakes Markets As Tech Slips

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.