Andra AP fonden Decreases Position in Micron Technology, Inc. $MU

Andra AP fonden trimmed its position in Micron Technology, Inc. (NASDAQ:MU) by 16.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 169,962 shares of the semiconductor manufacturer’s stock after selling 33,800 shares during the quarter. Micron Technology makes up 2.2% of Andra AP fonden’s portfolio, making the stock its 9th biggest position. Andra AP fonden’s holdings in Micron Technology were worth $196,185,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Silicon Valley Capital Partners grew its holdings in Micron Technology by 12.3% during the 2nd quarter. Silicon Valley Capital Partners now owns 7,387 shares of the semiconductor manufacturer’s stock worth $8,527,000 after acquiring an additional 809 shares during the period. Wellington Altus USA Inc. lifted its stake in shares of Micron Technology by 497.7% in the 2nd quarter. Wellington Altus USA Inc. now owns 2,116 shares of the semiconductor manufacturer’s stock valued at $2,442,000 after purchasing an additional 1,762 shares during the period. IKE Capital LLC bought a new position in shares of Micron Technology in the 2nd quarter worth $629,000. Anchor Investment Management LLC grew its stake in shares of Micron Technology by 2.0% during the second quarter. Anchor Investment Management LLC now owns 12,303 shares of the semiconductor manufacturer’s stock worth $14,201,000 after purchasing an additional 243 shares during the period. Finally, Reynders McVeigh Capital Management LLC bought a new stake in Micron Technology in the second quarter valued at about $439,000. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Micron Technology

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

• Positive Sentiment: AI memory demand remains the key catalyst. Reports say Micron’s high-bandwidth memory (HBM) capacity is sold out through 2027, while data-center customers continue seeking additional supply. Strategic supply agreements and industry-wide shortages could support pricing, margins and earnings. HBM Sold Out Through 2027
• Positive Sentiment: Analysts are raising expectations ahead of earnings. Stifel maintained a Buy rating and a $1,500 price target, while another bullish estimate places fair value as high as $2,050. Erste Group also modestly increased its FY2026 EPS forecast to $72.34, close to the $72.98 consensus. Options markets imply a potentially sizable move following the report. Analysts Revise Forecasts Ahead of Earnings
• Positive Sentiment: Recent operating momentum is strong. Micron’s latest reported quarter substantially exceeded analyst expectations, with revenue rising sharply year over year and EPS reaching $25.11. Investors are also responding positively to new advanced-memory products and expectations for another, potentially smaller, earnings beat.
• Neutral Sentiment: Valuation and the earnings event raise the stakes. MU has gained more than 500% over the past year and trades near its historical high range. While bullish analysts argue traditional memory-cycle valuation metrics understate its AI opportunity, the September 30 report is likely to determine whether the rally can continue. Micron Stock Options Signal a Move
• Negative Sentiment: China is emerging as a longer-term competitive risk. ChangXin Memory Technologies (CXMT) says it has begun mass production of a newer DRAM platform with improved manufacturing economics. If Chinese capacity scales successfully, it could eventually pressure Micron’s pricing, market share and margins.
• Negative Sentiment: Labor tensions add a near-term uncertainty. Employees at one Micron memory-chip plant are seeking a larger share of the company’s substantial profits, creating a potential operational or cost risk after the stock’s dramatic advance. Micron Stock Faces Crisis at Memory-Chip Plant

Micron Technology Stock Up 3.6%

MU traded up $37.15 during trading on Tuesday, reaching $1,081.11. The company had a trading volume of 16,527,434 shares, compared to its average volume of 42,501,480. The company has a debt-to-equity ratio of 0.05, a current ratio of 3.42 and a quick ratio of 2.98. Micron Technology, Inc. has a 12 month low of $154.65 and a 12 month high of $1,255.00. The business’s fifty day moving average price is $930.16 and its 200 day moving average price is $780.85. The company has a market cap of $1.22 trillion, a P/E ratio of 24.48, a PEG ratio of 0.64 and a beta of 2.22.

Micron Technology (NASDAQ:MU) last posted its quarterly earnings data on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 EPS for the quarter, beating the consensus estimate of $21.39 by $3.72. The business had revenue of $41.46 billion for the quarter, compared to analysts’ expectations of $35.91 billion. Micron Technology had a net margin of 55.91% and a return on equity of 71.13%. The firm’s revenue was up 345.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.91 EPS. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. Equities analysts anticipate that Micron Technology, Inc. will post 72.98 EPS for the current year.

Micron Technology Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 21st. Investors of record on Monday, July 6th were issued a dividend of $0.15 per share. The ex-dividend date was Monday, July 6th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. Micron Technology’s dividend payout ratio (DPR) is presently 1.36%.

Insiders Place Their Bets

In other news, Director Lynn A. Dugle sold 1,300 shares of the firm’s stock in a transaction that occurred on Tuesday, June 30th. The shares were sold at an average price of $1,150.43, for a total transaction of $1,495,559.00. Following the completion of the transaction, the director directly owned 17,728 shares of the company’s stock, valued at $20,394,823.04. This trade represents a 6.83% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Scott R. Allen sold 879 shares of Micron Technology stock in a transaction that occurred on Thursday, July 23rd. The shares were sold at an average price of $1,000.00, for a total transaction of $879,000.00. Following the completion of the sale, the chief accounting officer owned 34,958 shares in the company, valued at $34,958,000. This trade represents a 2.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 177,204 shares of company stock worth $182,156,264 in the last 90 days. Company insiders own 0.24% of the company’s stock.

Wall Street Analysts Forecast Growth

MU has been the topic of a number of recent analyst reports. Weiss Ratings restated a “buy (b)” rating on shares of Micron Technology in a report on Friday, August 7th. TD Cowen reissued a “buy” rating on shares of Micron Technology in a research note on Wednesday, September 16th. Seaport Research Partners reaffirmed a “buy” rating on shares of Micron Technology in a research note on Friday, August 14th. Zacks Research lowered shares of Micron Technology from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 19th. Finally, Wells Fargo & Company boosted their price target on shares of Micron Technology from $1,220.00 to $1,525.00 and gave the company an “overweight” rating in a report on Thursday, June 25th. Four research analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $1,295.63.

About Micron Technology

Micron Technology, Inc is a global semiconductor company that designs, develops, manufactures and sells memory and storage solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, NOR flash memory, solid-state drives, memory modules and high-bandwidth memory used in data-intensive computing applications.

Micron’s products support a range of markets, including data centers, artificial intelligence and high-performance computing, personal computers, smartphones, automotive systems, industrial equipment and networking devices.