Great Lakes Advisors LLC Acquires 1,331 Shares of Micron Technology, Inc. $MU

Great Lakes Advisors LLC lifted its holdings in shares of Micron Technology, Inc. (NASDAQ:MU) by 0.2% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 771,839 shares of the semiconductor manufacturer’s stock after purchasing an additional 1,331 shares during the period. Micron Technology accounts for 1.1% of Great Lakes Advisors LLC’s holdings, making the stock its 23rd biggest holding. Great Lakes Advisors LLC’s holdings in Micron Technology were worth $129,144,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of MU. First Command Advisory Services Inc. lifted its holdings in Micron Technology by 225.0% during the 2nd quarter. First Command Advisory Services Inc. now owns 221 shares of the semiconductor manufacturer’s stock worth $27,000 after buying an additional 153 shares during the period. Barnes Dennig Private Wealth Management LLC bought a new position in shares of Micron Technology during the third quarter worth about $27,000. Howard Hughes Medical Institute bought a new position in shares of Micron Technology during the second quarter worth about $30,000. AlphaQuest LLC lifted its stake in shares of Micron Technology by 13,250.0% in the second quarter. AlphaQuest LLC now owns 267 shares of the semiconductor manufacturer’s stock worth $33,000 after acquiring an additional 265 shares during the period. Finally, Cullen Frost Bankers Inc. boosted its holdings in Micron Technology by 79.3% in the third quarter. Cullen Frost Bankers Inc. now owns 199 shares of the semiconductor manufacturer’s stock valued at $33,000 after acquiring an additional 88 shares during the last quarter. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Micron Technology

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

• Positive Sentiment: Micron broke ground on a new advanced wafer fab in Singapore — a planned ~$24 billion investment over 10 years to add NAND/advanced memory capacity, signaling management’s conviction in persistent AI and data-center demand and supporting a multi-year growth runway. Micron (MU) Expands Manufacturing Footprint as AI Drives Long-Term Memory Demand
• Positive Sentiment: Analyst upgrades and higher price targets (including a Mizuho raise to $480) and coverage notes helped lift sentiment — headlines cite upgrades and the stock hitting new 12‑month highs after those analyst moves. Upgrades reinforce upside expectations and likely drove buying. Micron Technology Reaches New 12-Month High Following Analyst Upgrade
• Positive Sentiment: Industry commentary and investor notes point to AI-driven memory tightness and margin expansion — multiple pieces highlight robust HBM/NAND demand, improving margins and revenue tailwinds that support higher earnings forecasts. This underpins the bullish narrative for MU. AI-Driven Demand Supports Micron Technology’s (MU) Margin Expansion
• Neutral Sentiment: Positive media/analyst pieces and lists (investor guides, “top AI chip stocks” features) continue to promote MU as a buy — helpful for sentiment but incremental vs. company-level catalysts. Top AI Stock Performers of 2025 That Could Soar Higher in 2026
• Negative Sentiment: Unusual put-option activity: elevated buying of out‑of‑the‑money puts after MU’s rapid run suggests some market participants are hedging or speculating on a pullback, which can add short-term downside pressure or increase volatility. Unusual Put Options Activity In Micron Technology After MU Stock Doubles In 2 Months
• Negative Sentiment: Insider activity: a reported sale of 26,623 shares by Manish Bhatia could be interpreted as opportunistic profit-taking; insider sales sometimes temper sentiment even when the company outlook is strong. Manish Bhatia Sells 26,623 Shares of Micron Technology
• Negative Sentiment: Critical/contrarian views: some analysts/commentators warn of a cyclical bust risk after a sharp rally, reminding investors that memory markets are cyclical and that rapid multiple expansion can reverse. Micron: …At $400, It’s Time To Sell Before A Potential Bust Cycle

Analyst Ratings Changes

MU has been the subject of a number of analyst reports. UBS Group lifted their target price on shares of Micron Technology from $300.00 to $400.00 and gave the stock a “buy” rating in a research note on Wednesday, January 7th. HSBC increased their price target on Micron Technology from $350.00 to $500.00 and gave the stock a “buy” rating in a report on Friday, January 23rd. KeyCorp boosted their price objective on Micron Technology from $325.00 to $450.00 and gave the company an “overweight” rating in a research note on Tuesday, January 13th. Barclays raised their target price on Micron Technology from $275.00 to $450.00 and gave the stock an “overweight” rating in a research note on Friday, January 16th. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on Micron Technology from $200.00 to $280.00 and gave the company a “buy” rating in a research note on Tuesday, December 9th. Five investment analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of $349.76.

Micron Technology Stock Performance

Shares of MU stock opened at $435.28 on Thursday. The company has a current ratio of 2.46, a quick ratio of 1.78 and a debt-to-equity ratio of 0.19. The firm has a fifty day simple moving average of $292.48 and a two-hundred day simple moving average of $207.46. Micron Technology, Inc. has a 12 month low of $61.54 and a 12 month high of $438.94. The firm has a market capitalization of $489.91 billion, a PE ratio of 41.38 and a beta of 1.50.

Micron Technology (NASDAQ:MU) last released its quarterly earnings data on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share for the quarter, beating analysts’ consensus estimates of $3.77 by $1.01. The firm had revenue of $13.64 billion for the quarter, compared to analyst estimates of $12.62 billion. Micron Technology had a net margin of 28.15% and a return on equity of 22.71%. The business’s quarterly revenue was up 56.7% compared to the same quarter last year. During the same period last year, the firm earned $1.79 earnings per share. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. Analysts forecast that Micron Technology, Inc. will post 6.08 EPS for the current fiscal year.

Micron Technology Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 14th. Shareholders of record on Monday, December 29th were issued a dividend of $0.115 per share. This represents a $0.46 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend was Monday, December 29th. Micron Technology’s payout ratio is currently 4.37%.

Insider Activity

In related news, CAO Scott R. Allen sold 2,000 shares of the company’s stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $337.50, for a total transaction of $675,000.00. Following the completion of the sale, the chief accounting officer owned 38,237 shares in the company, valued at approximately $12,904,987.50. This represents a 4.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Teyin M. Liu purchased 7,820 shares of the stock in a transaction that occurred on Wednesday, January 14th. The stock was bought at an average cost of $337.50 per share, with a total value of $2,639,250.00. Following the completion of the transaction, the director directly owned 25,910 shares in the company, valued at $8,744,625. The trade was a 43.23% increase in their position. The SEC filing for this purchase provides additional information. In the last three months, insiders purchased 23,200 shares of company stock worth $7,821,723 and sold 61,123 shares worth $19,547,151. Company insiders own 0.24% of the company’s stock.

About Micron Technology

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.