Micron Technology, Inc. $MU Holdings Decreased by Thornburg Investment Management Inc.

Thornburg Investment Management Inc. lessened its holdings in shares of Micron Technology, Inc. (NASDAQ:MU) by 87.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,791 shares of the semiconductor manufacturer’s stock after selling 56,848 shares during the quarter. Thornburg Investment Management Inc.’s holdings in Micron Technology were worth $1,304,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. REAP Financial Group LLC purchased a new position in shares of Micron Technology during the 3rd quarter valued at $25,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in Micron Technology during the third quarter valued at $27,000. Cullen Frost Bankers Inc. grew its stake 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 purchasing an additional 88 shares in the last quarter. Howard Hughes Medical Institute purchased a new position in Micron Technology in the second quarter valued at about $30,000. Finally, Physician Wealth Advisors Inc. lifted its holdings in shares of Micron Technology by 248.0% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 261 shares of the semiconductor manufacturer’s stock valued at $44,000 after buying an additional 186 shares during the last quarter. Institutional investors and hedge funds own 80.84% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on MU. Susquehanna increased their price objective on Micron Technology from $200.00 to $300.00 and gave the stock a “positive” rating in a report on Monday, December 8th. Barclays raised their price target on shares of Micron Technology from $275.00 to $450.00 and gave the company an “overweight” rating in a report on Friday, January 16th. TD Cowen boosted their target price on shares of Micron Technology from $300.00 to $450.00 and gave the stock a “buy” rating in a research report on Tuesday, January 20th. UBS Group raised their price target on Micron Technology from $300.00 to $400.00 and gave the company a “buy” rating in a research report on Wednesday, January 7th. Finally, Bank of America increased their target price on Micron Technology from $300.00 to $400.00 and gave the company a “buy” rating in a research note on Tuesday, January 13th. Six equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Micron Technology has an average rating of “Buy” and an average price target of $358.38.

Insider Activity at Micron Technology

In related news, EVP Sumit Sadana sold 25,000 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $429.89, for a total transaction of $10,747,250.00. Following the completion of the sale, the executive vice president directly owned 248,021 shares of the company’s stock, valued at $106,621,747.69. The trade was a 9.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Teyin M. Liu bought 7,820 shares of the stock in a transaction on Wednesday, January 14th. The shares were acquired at an average cost of $337.50 per share, with a total value of $2,639,250.00. Following the acquisition, the director directly owned 25,910 shares in the company, valued at approximately $8,744,625. This trade represents a 43.23% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders have acquired 23,200 shares of company stock worth $7,821,723 and have sold 73,623 shares worth $27,307,408. Corporate insiders own 0.24% of the company’s stock.

Micron Technology Price Performance

Micron Technology stock opened at $415.56 on Friday. The business’s fifty day moving average is $366.07 and its two-hundred day moving average is $250.27. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.78 and a current ratio of 2.46. Micron Technology, Inc. has a 52 week low of $61.54 and a 52 week high of $455.50. The firm has a market cap of $467.72 billion, a P/E ratio of 39.50 and a beta of 1.52.

Micron Technology (NASDAQ:MU) last issued its quarterly earnings results 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. Micron Technology had a net margin of 28.15% and a return on equity of 22.71%. The business had revenue of $13.64 billion during the quarter, compared to analyst estimates of $12.62 billion. During the same quarter last year, the business posted $1.79 earnings per share. Micron Technology’s revenue for the quarter was up 56.7% compared to the same quarter last year. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. Equities research analysts forecast that Micron Technology, Inc. will post 6.08 earnings per share for the current fiscal year.

Micron Technology Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 14th. Stockholders of record on Monday, December 29th were paid a $0.115 dividend. This represents a $0.46 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Monday, December 29th. Micron Technology’s dividend payout ratio (DPR) is 4.37%.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: Micron announced a US$200 billion U.S. buildout through 2030 and says HBM4 shipments are arriving ahead of schedule, with 2026 HBM output already allocated to customers — this directly targets AI/data-center demand and supports pricing power and long-term revenue visibility. Read More.
• Positive Sentiment: S&P raised Micron’s credit rating to BBB, citing stronger AI-driven demand — a credit upgrade lowers financing risk for large capex plans and is a vote of confidence in Micron’s growth outlook. Read More.
• Positive Sentiment: Analysts and authors highlight structural DRAM/HBM demand from AI and limited near-term global capacity additions (through 2027–28), arguing Micron can sustain elevated pricing and margins — a bullish fundamental case supporting further upside. Read More.
• Positive Sentiment: Market commentary notes MU is breaking out of consolidation and remains in a strong momentum trend tied to HBM exposure — that technical momentum is attracting momentum traders and adds to upside pressure. Read More.
• Neutral Sentiment: Multiple bullish write-ups (The Motley Fool, Zacks, 247WallSt) reiterate big YTD gains and argue valuation still looks reasonable given accelerating AI demand — useful for sentiment but largely reiterative rather than news-driving. Read More.
• Negative Sentiment: Technical analysts warn MU is technically overextended after a historic rally, raising the risk of a near-term pullback unless price breaks decisively above recent highs. Read More.
• Negative Sentiment: Short-term market data shows MU underperformed some semiconductor peers on Thursday, a reminder that relative weakness can appear even amid strong sector tailwinds. Read More.

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.