--- title: "Legacy Bridge LLC Purchases 4,545 Shares of Micron Technology, Inc. $MU" type: "News" locale: "en" url: "https://longbridge.com/en/news/282533651.md" description: "Legacy Bridge LLC significantly increased its stake in Micron Technology, Inc. by 552.9% during Q4, acquiring an additional 4,545 shares, bringing its total to 5,367 shares valued at $1.53 million. Other institutional investors also made moves, with notable purchases and stake increases. Positive sentiment surrounds Micron due to raised earnings guidance, strong AI demand, and analyst upgrades, while concerns about geopolitical risks and potential downside remain." datetime: "2026-04-13T11:18:19.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/282533651.md) - [en](https://longbridge.com/en/news/282533651.md) - [zh-HK](https://longbridge.com/zh-HK/news/282533651.md) --- # Legacy Bridge LLC Purchases 4,545 Shares of Micron Technology, Inc. $MU Legacy Bridge LLC increased its position in Micron Technology, Inc. (NASDAQ:MU - Free Report) by 552.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,367 shares of the semiconductor manufacturer's stock after purchasing an additional 4,545 shares during the period. Legacy Bridge LLC's holdings in Micron Technology were worth $1,532,000 at the end of the most recent reporting period. Get **Micron Technology** alerts: - This New ETF Aims to Capitalize on Surging AI Memory Chip Demand A number of other hedge funds also recently bought and sold shares of the company. Retirement Guys Formula LLC bought a new position in Micron Technology in the 4th quarter worth about $221,000. Gilliland Jeter Wealth Management LLC boosted its stake in Micron Technology by 1.2% in the 4th quarter. Gilliland Jeter Wealth Management LLC now owns 3,891 shares of the semiconductor manufacturer's stock worth $1,111,000 after purchasing an additional 45 shares in the last quarter. Atala Financial Inc bought a new position in Micron Technology in the 4th quarter worth about $333,000. FSM Wealth Advisors LLC boosted its stake in Micron Technology by 13.4% in the 4th quarter. FSM Wealth Advisors LLC now owns 1,687 shares of the semiconductor manufacturer's stock worth $482,000 after purchasing an additional 199 shares in the last quarter. Finally, ABLE Financial Group LLC bought a new position in Micron Technology in the 4th quarter worth about $206,000. Institutional investors own 80.84% of the company's stock. ## Micron Technology News Summary Here are the key news stories impacting Micron Technology this week: - Positive Sentiment: Company-issued upside guidance: Micron raised Q3 FY2026 outlook well above consensus — management guided to materially higher EPS and revenue, signaling strong AI/HBM demand and better-than-expected margin leverage (this is a primary driver of optimism among investors). - Positive Sentiment: BofA backing and AI capex thesis: Bank of America highlighted accelerating, more-stable AI infrastructure spending and lists Micron among top blue‑chip beneficiaries, reinforcing the multi-year demand narrative for memory. BofA Sees Strong Growth in AI Investment, Backs Micron (MU) - Positive Sentiment: Street-high targets and upgrades: Analysts are lifting price targets (one $825 target cited) and upgrades continue, supporting momentum and buy-side conviction. Micron Gets Street-High $825 Target - Positive Sentiment: Dividend payment: Micron will pay an upcoming dividend (April 15), which adds a modest income component and may support sentiment among income-focused investors. Micron to pay dividends on April 15; Here's how much 100 shares will earn - Neutral Sentiment: Momentum and retail interest: Multiple outlets profile MU as a top momentum/AI-infrastructure pick (technical and earnings momentum), which can fuel both follow‑through rallies and higher volatility. Micron & 2 More Momentum Stocks You Shouldn't Miss This April - Neutral Sentiment: Investor access strategies: Commentary on ways to get exposure with reduced capital (options/structured approaches) may broaden participation but doesn’t change the underlying fundamentals. Micron Stock: Tap Into The Memory-Chip Maker While Reducing Capital Risk - Negative Sentiment: Modelled downside risk and pullback warnings: Quant models and some analysts flag potential downside (a $318.89 target cited), implying meaningful pullback risk from current levels if momentum stalls or supply/demand dynamics shift. Micron Has 15.58% Downside Risk to Our $318.89 Target Despite the 485.1% Rally - Negative Sentiment: Geopolitical & trade risks for AI chips: U.S.–China policy friction and export controls remain an overhang for the sector; persistent trade tensions could disrupt supply chains or limit addressable markets for certain customers. AI Chips Are A Looming Battlefield In U.S.-China Trade. What Investors Should Know. ## Wall Street Analyst Weigh In - MarketBeat Week in Review – 04/06 - 04/10 MU has been the topic of a number of analyst reports. Wells Fargo & Company upped their price target on shares of Micron Technology from $470.00 to $550.00 and gave the stock an "overweight" rating in a research note on Thursday, March 19th. TD Cowen 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 Monday, March 16th. KeyCorp boosted their target price on Micron Technology from $450.00 to $600.00 and gave the stock an "overweight" rating in a research report on Thursday, March 19th. Stifel Nicolaus boosted their target price on Micron Technology from $360.00 to $550.00 and gave the stock a "buy" rating in a research report on Monday, March 2nd. Finally, Royal Bank Of Canada boosted their target price on Micron Technology from $425.00 to $525.00 and gave the stock an "outperform" rating in a research report on Monday, March 16th. Five analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of $464.61. **Check Out Our Latest Stock Analysis on Micron Technology** ## Micron Technology Price Performance - The Bottom Is in for Micron Stock: 3 Signals to Buy Now Shares of NASDAQ:MU opened at $420.59 on Monday. Micron Technology, Inc. has a fifty-two week low of $65.64 and a fifty-two week high of $471.34. The business has a 50-day simple moving average of $401.49 and a two-hundred day simple moving average of $309.21. 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 firm has a market cap of $474.31 billion, a price-to-earnings ratio of 19.86 and a beta of 1.60. ## Micron Technology Increases Dividend The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Monday, March 30th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend is Monday, March 30th. This is an increase from Micron Technology's previous quarterly dividend of $0.12. Micron Technology's payout ratio is currently 2.83%. ## Insider Buying and Selling at Micron Technology In other Micron Technology news, Director Teyin M. Liu purchased 7,820 shares of Micron Technology stock in a transaction dated Wednesday, January 14th. The stock was purchased at an average price of $337.50 per share, with a total value of $2,639,250.00. Following the transaction, the director directly owned 25,910 shares of the company's stock, valued at $8,744,625. This trade represents a 43.23% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP April S. Arnzen sold 40,000 shares of the company's stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $347.39, for a total transaction of $13,895,600.00. Following the sale, the executive vice president directly owned 125,737 shares of the company's stock, valued at $43,679,776.43. The trade was a 24.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders bought 23,200 shares of company stock worth $7,821,723 and sold 91,623 shares worth $35,053,508. 0.24% of the stock is currently owned by insiders. ## About Micron Technology (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. ## See Also - Five stocks we like better than Micron Technology **Want to see what other hedge funds are holding MU?** Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Micron Technology, Inc. (NASDAQ:MU - Free Report). _This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com._ ## Should You Invest $1,000 in Micron Technology Right Now? Before you consider Micron Technology, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Micron Technology wasn't on the list. While Micron Technology currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys. 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