Nuveen LLC Buys 96,350 Shares of Micron Technology, Inc. $MU

Posted by Caroline Horne on Jun 12th, 2026

Nuveen LLC lifted its stake in Micron Technology, Inc. (NASDAQ:MU – Free Report) by 2.8% in the 4th quarter, Holdings Channel reports. The institutional investor owned 3,478,266 shares of the semiconductor manufacturer’s stock after acquiring an additional 96,350 shares during the period. Nuveen LLC’s holdings in Micron Technology were worth $992,732,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the stock. Heritage Trust Co raised its position in Micron Technology by 9.7% in the fourth quarter. Heritage Trust Co now owns 15,026 shares of the semiconductor manufacturer’s stock worth $4,289,000 after purchasing an additional 1,323 shares in the last quarter. Generation Capital Management LLC acquired a new position in Micron Technology in the third quarter worth about $238,000. Westpac Banking Corp raised its position in Micron Technology by 251.0% in the third quarter. Westpac Banking Corp now owns 23,086 shares of the semiconductor manufacturer’s stock worth $3,863,000 after purchasing an additional 16,509 shares in the last quarter. Avanda Investment Management Pte. Ltd. acquired a new position in Micron Technology in the third quarter worth about $418,000. Finally, Wellington Management Group LLP raised its position in Micron Technology by 19.9% in the third quarter. Wellington Management Group LLP now owns 7,150,530 shares of the semiconductor manufacturer’s stock worth $1,196,427,000 after purchasing an additional 1,188,296 shares in the last quarter. Institutional investors own 80.84% of the company’s stock.

Micron Technology Stock Performance

NASDAQ MU opened at $995.87 on Friday. The firm has a market cap of $1.12 trillion, a price-to-earnings ratio of 47.02 and a beta of 2.16. The company has a 50 day moving average of $665.31 and a 200-day moving average of $459.87. The company has a current ratio of 2.90, a quick ratio of 2.32 and a debt-to-equity ratio of 0.13. Micron Technology, Inc. has a 1-year low of $103.38 and a 1-year high of $1,089.29.

Micron Technology (NASDAQ:MU – Get Free Report) last posted its quarterly earnings data on Wednesday, March 18th. The semiconductor manufacturer reported $12.20 earnings per share for the quarter, topping the consensus estimate of $9.19 by $3.01. The company had revenue of $23.86 billion during the quarter, compared to analyst estimates of $19.97 billion. Micron Technology had a net margin of 41.49% and a return on equity of 41.16%. The company’s revenue was up 196 on a year-over-year basis. During the same quarter last year, the business posted $1.56 earnings per share. On average, equities analysts forecast that Micron Technology, Inc. will post 59.23 earnings per share for the current fiscal year.

Micron Technology Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Monday, March 30th were issued a $0.15 dividend. This is an increase from Micron Technology’s previous quarterly dividend of $0.12. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Monday, March 30th. Micron Technology’s dividend payout ratio (DPR) is 2.83%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Melius Research assumed coverage on shares of Micron Technology in a research report on Monday, April 27th. They issued a “buy” rating and a $700.00 price target for the company. TD Cowen increased their price target on shares of Micron Technology from $550.00 to $660.00 and gave the stock a “buy” rating in a research report on Tuesday, April 28th. Sanford C. Bernstein raised their price objective on shares of Micron Technology from $330.00 to $510.00 and gave the stock an “outperform” rating in a report on Wednesday, March 18th. Citigroup raised their price objective on shares of Micron Technology from $425.00 to $840.00 and gave the stock a “buy” rating in a report on Tuesday, May 19th. Finally, DA Davidson started coverage on shares of Micron Technology in a report on Monday, May 11th. They set a “buy” rating and a $1,000.00 price objective for the company. Five research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $737.63.

Read Our Latest Stock Analysis on MU

Key Stories Impacting Micron Technology

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

Positive Sentiment: Analysts raised outlooks on Micron after strong AI-memory demand and improving earnings expectations, reinforcing the case for more upside. Beyond Micron: 2 AI Stocks That Could Deliver Explosive Returns
Positive Sentiment: Wolfe Research and other firms lifted price targets, signaling that Wall Street thinks Micron’s AI memory boom can keep driving results and valuation higher. Analyst raises Micron stock price target by 127%
Positive Sentiment: Nvidia CEO Jensen Huang reportedly singled out Micron as a major beneficiary of AI spending, which strengthens confidence in Micron’s HBM4 and high-bandwidth memory position. Micron Got a Major Vote of Confidence From Nvidia’s Jensen Huang on AI Returns
Positive Sentiment: Micron advanced construction on its large New York semiconductor project by selecting Bechtel as EPC partner, supporting long-term manufacturing expansion and domestic supply-chain resilience. Micron Selects Bechtel as Construction Partner for Historic New York Semiconductor Project

Insider Activity at Micron Technology

In related news, EVP April S. Arnzen sold 40,000 shares of the firm’s stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $347.39, for a total value of $13,895,600.00. Following the completion of the sale, the executive vice president owned 125,737 shares of the company’s stock, valued at $43,679,776.43. This trade represents a 24.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Steven J. Gomo sold 2,000 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $787.03, for a total transaction of $1,574,060.00. Following the completion of the sale, the director directly owned 17,139 shares of the company’s stock, valued at approximately $13,488,907.17. This represents a 10.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 146,000 shares of company stock worth $85,486,715. 0.24% of the stock is currently owned by company insiders.

Micron Technology Profile

(Free Report)

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.