Micron Technology, Inc. $MU Shares Acquired by Vise Technologies Inc.

Vise Technologies Inc. lifted its position in shares of Micron Technology, Inc. (NASDAQ:MU) by 42.3% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 26,836 shares of the semiconductor manufacturer’s stock after purchasing an additional 7,971 shares during the period. Vise Technologies Inc.’s holdings in Micron Technology were worth $7,659,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Vanguard Group Inc. increased its holdings in Micron Technology by 1.9% in the 4th quarter. Vanguard Group Inc. now owns 106,608,094 shares of the semiconductor manufacturer’s stock valued at $30,427,016,000 after purchasing an additional 1,954,644 shares in the last quarter. State Street Corp increased its holdings in 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 purchasing an additional 285,582 shares in the last quarter. Capital International Investors increased its holdings in 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 purchasing an additional 155,860 shares in the last quarter. Norges Bank acquired a new stake in Micron Technology in the 4th quarter valued at $6,433,456,000. Finally, Invesco Ltd. increased its holdings in Micron Technology by 8.0% in the 3rd quarter. Invesco Ltd. now owns 9,622,166 shares of the semiconductor manufacturer’s stock valued at $1,609,981,000 after purchasing an additional 708,716 shares in the last quarter. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Micron Technology Stock Down 7.7%

Shares of Micron Technology stock opened at $996.00 on Friday. The business has a 50-day moving average of $607.64 and a 200-day moving average of $434.99. 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 company has a market capitalization of $1.12 trillion, a PE ratio of 47.03 and a beta of 2.16. Micron Technology, Inc. has a 1-year low of $103.38 and a 1-year high of $1,089.29.

Micron Technology (NASDAQ:MU) last issued its quarterly earnings results on Wednesday, March 18th. The semiconductor manufacturer reported $12.20 EPS for the quarter, topping the consensus estimate of $9.19 by $3.01. Micron Technology had a net margin of 41.49% and a return on equity of 41.16%. The business had revenue of $23.86 billion for the quarter, compared to analysts’ expectations of $19.97 billion. During the same quarter last year, the company posted $1.56 earnings per share. The company’s quarterly revenue was up 196 compared to the same quarter last year. As a group, equities analysts forecast that Micron Technology, Inc. will post 58.62 EPS for the current fiscal year.

Micron Technology Increases Dividend

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

Micron Technology News Summary

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

• Positive Sentiment: Wall Street remains broadly bullish on Micron, with several firms hiking price targets sharply; Morgan Stanley raised its target to $1,050 and UBS recently lifted its target to $1,625, reinforcing optimism around AI memory demand and tight supply. Micron Technology (MU) Is One Of The Best AI Infrastructure Stocks, According To Hedge Funds
• Positive Sentiment: Analysts and commentators continue to highlight Micron as a major AI infrastructure winner, with reports pointing to strong earnings momentum, higher margins, and long-term supply deals tied to high-bandwidth memory demand. Micron Locks In Long Term AI Memory Deals As Valuation Stretches
• Neutral Sentiment: Some articles frame Micron’s huge rally as part of a broader AI trade that may be entering a more “rational” phase, suggesting valuation risk even as the long-term demand story remains intact. AI Spending Has Been Huge. Now It Could Be Entering a ‘Rational’ Phase.
• Negative Sentiment: Micron was hit by a broad chip-sector rotation after Broadcom’s weak AI guidance raised doubts about the pace of future AI demand, pressuring semiconductor stocks across the board. Chip Stocks Get Hit as Traders Rotate Into Financials, Healthcare
• Negative Sentiment: Bearish commentary is also growing, with some analysts warning that memory-chip prices could be approaching a ceiling and that Micron’s valuation may already reflect much of the AI optimism. Micron Stock Drops, Brace for the Memory-Price Peak

Insider Activity at Micron Technology

In other news, CEO Sanjay Mehrotra sold 40,000 shares of the stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $536.26, for a total transaction of $21,450,400.00. Following the transaction, the chief executive officer owned 424,503 shares of the company’s stock, valued at approximately $227,643,978.78. This trade represents a 8.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, 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 transaction of $13,895,600.00. Following the completion of the transaction, the executive vice president directly owned 125,737 shares in the company, valued at $43,679,776.43. This represents 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 three months, insiders sold 146,000 shares of company stock worth $85,486,715. 0.24% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on MU. UBS Group increased their price target on Micron Technology from $535.00 to $1,625.00 and gave the company a “buy” rating in a report on Tuesday, May 26th. Weiss Ratings reiterated a “buy (b)” rating on shares of Micron Technology in a report on Tuesday, May 12th. Wedbush increased their price target on Micron Technology from $320.00 to $500.00 and gave the company an “outperform” rating in a report on Friday, March 13th. Mizuho raised their target price on Micron Technology to $800.00 and gave the company an “outperform” rating in a research note on Tuesday, May 19th. Finally, TD Cowen raised their target price on Micron Technology from $550.00 to $660.00 and gave the company a “buy” rating in a research note on Tuesday, April 28th. Five research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, Micron Technology presently has a consensus rating of “Buy” and a consensus target price of $641.97.

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.