Wright Investors Service Inc. acquired a new position in shares of Micron Technology, Inc. (NASDAQ:MU – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 4,037 shares of the semiconductor manufacturer’s stock, valued at approximately $675,000.
Several other large investors have also modified their holdings of MU. Teamwork Financial Advisors LLC raised its stake in Micron Technology by 0.4% during the 3rd quarter. Teamwork Financial Advisors LLC now owns 14,974 shares of the semiconductor manufacturer’s stock worth $2,505,000 after acquiring an additional 53 shares in the last quarter. Blue Trust Inc. grew its holdings in shares of Micron Technology by 0.5% during the third quarter. Blue Trust Inc. now owns 10,633 shares of the semiconductor manufacturer’s stock worth $1,779,000 after purchasing an additional 53 shares during the last quarter. Lodestone Wealth Management LLC increased its position in shares of Micron Technology by 3.2% during the third quarter. Lodestone Wealth Management LLC now owns 1,693 shares of the semiconductor manufacturer’s stock worth $283,000 after purchasing an additional 53 shares in the last quarter. Allen Capital Group LLC lifted its holdings in shares of Micron Technology by 1.2% in the 3rd quarter. Allen Capital Group LLC now owns 4,554 shares of the semiconductor manufacturer’s stock valued at $762,000 after purchasing an additional 54 shares during the last quarter. Finally, Calamos Wealth Management LLC boosted its position in shares of Micron Technology by 1.1% in the 3rd quarter. Calamos Wealth Management LLC now owns 6,327 shares of the semiconductor manufacturer’s stock valued at $1,059,000 after purchasing an additional 67 shares during the period. Institutional investors and hedge funds own 80.84% of the company’s stock.
Insider Activity
In other news, Director Teyin M. Liu acquired 11,600 shares of Micron Technology stock in a transaction that occurred on Wednesday, January 14th. The stock was purchased at an average price of $337.22 per share, for a total transaction of $3,911,752.00. Following the completion of the transaction, the director directly owned 25,910 shares in the company, valued at approximately $8,737,370.20. This trade represents a 81.06% 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, CFO Mark J. Murphy sold 126,000 shares of the business’s stock in a transaction that occurred on Thursday, October 30th. The stock was sold at an average price of $225.31, for a total value of $28,389,060.00. Following the transaction, the chief financial officer owned 219,693 shares in the company, valued at $49,499,029.83. The trade was a 36.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 318,800 shares of company stock valued at $72,333,387 over the last ninety days. 0.24% of the stock is currently owned by company insiders.
Micron Technology Price Performance
Micron Technology (NASDAQ:MU – Get Free Report) last announced its quarterly earnings data on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.77 by $1.01. The company had revenue of $13.64 billion for the quarter, compared to analysts’ expectations of $12.62 billion. Micron Technology had a net margin of 28.15% and a return on equity of 22.71%. Micron Technology’s revenue was up 56.7% compared to the same quarter last year. During the same period in the previous year, the company posted $1.79 EPS. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. Equities analysts predict that Micron Technology, Inc. will post 6.08 earnings per share for the current year.
Micron Technology Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Monday, December 29th were issued a dividend of $0.115 per share. This represents a $0.46 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Monday, December 29th. Micron Technology’s dividend payout ratio is currently 4.37%.
Key Micron Technology News
Here are the key news stories impacting Micron Technology this week:
- Positive Sentiment: Director insider buy — Micron director Teyin M. Liu purchased 11,600 shares (~$3.9M) at about $337, increasing her stake ~81%, a signal management confidence that investors treat as supportive for the stock. Insider Buying: Micron Technology Director Acquires Stock
- Positive Sentiment: Industry veteran buying — Former TSMC co‑CEO Mark Liu bought roughly $8M of MU shares, interpreted as a strategic vote of confidence from an industry insider. MarketWatch: $8M vote of confidence
- Positive Sentiment: Analyst upgrades and higher price targets — Multiple firms raised targets and ratings (Cantor Fitzgerald to $450, Wells Fargo to $410, Citi to $385; RBC initiated with Outperform/$425), providing fresh buy‑side catalysts and institutional validation. Cantor Fitzgerald raises target
- Positive Sentiment: Fundamentals: HBM ramp and booked capacity — MarketBeat and other coverage highlight Micron’s accelerating HBM production, sold‑out bookings through 2026 and near‑term margin leverage from strong pricing — a core driver of upside as AI datacenter demand stays tight. MarketBeat HBM ramp story
- Neutral Sentiment: Zacks and other growth lists keep MU among top AI/semiconductor picks (Zacks Rank #1), supporting interest but also meaning MU is part of a crowded thematic trade. Zacks: Best Growth Stocks
- Neutral Sentiment: Pre‑market commentary notes renewed Wall Street attention that is lifting MU in early trading; such headlines can accelerate flows but also amplify short‑term volatility. TipRanks: Why MU is rallying pre-market
- Negative Sentiment: Profit‑taking and crowding risk — After a rapid rerating, some investors are taking profits; that selling can create short‑term pullbacks even with bullish analyst revisions. Seeking Alpha: Taking profits after rerating
- Negative Sentiment: Rotation/competition risk — Some analysts argue other AI chip names (e.g., Nvidia) could capture more investor attention and reallocations, which could divert flows away from memory stocks like MU. Zacks: This AI chip stock could be next
- Negative Sentiment: Volatility/reminder of downside scenarios — Coverage (Forbes et al.) outlines how MU has historically suffered sharp drawdowns (>30%), underscoring elevated risk despite strong fundamentals. Forbes: Risk of sharp drops
Wall Street Analysts Forecast Growth
A number of research analysts recently issued reports on the company. Weiss Ratings upgraded Micron Technology from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Saturday, November 1st. BNP Paribas Exane raised Micron Technology from an “underperform” rating to an “outperform” rating and set a $270.00 price objective for the company in a report on Monday, October 13th. Morgan Stanley raised their target price on shares of Micron Technology from $338.00 to $350.00 and gave the stock an “overweight” rating in a research report on Thursday, December 18th. Citigroup upped their price target on shares of Micron Technology from $330.00 to $385.00 and gave the company a “buy” rating in a research report on Thursday. Finally, Bank of America increased their price target on shares of Micron Technology from $300.00 to $400.00 and gave the stock a “buy” rating in a research note on Tuesday. Five equities research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $320.62.
View Our Latest Analysis on MU
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.
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