Fjarde AP Fonden Fourth Swedish National Pension Fund Increases Stock Position in Micron Technology, Inc. $MU

Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its stake in Micron Technology, Inc. (NASDAQ:MU) by 62.9% in the first quarter, HoldingsChannel.com reports. The fund owned 290,887 shares of the semiconductor manufacturer’s stock after purchasing an additional 112,300 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Micron Technology were worth $98,273,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in MU. High Note Wealth LLC grew its position in Micron Technology by 65.4% in the 4th quarter. High Note Wealth LLC now owns 86 shares of the semiconductor manufacturer’s stock worth $25,000 after purchasing an additional 34 shares during the period. Elevation Wealth Partners LLC lifted its holdings in shares of Micron Technology by 295.8% during the 4th quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer’s stock valued at $27,000 after buying an additional 71 shares during the period. Kohmann Bosshard Financial Services LLC bought a new position in shares of Micron Technology during the 1st quarter valued at $27,000. Steigerwald Gordon & Koch Inc. boosted its stake in shares of Micron Technology by 4,800.0% in the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 98 shares of the semiconductor manufacturer’s stock worth $28,000 after buying an additional 96 shares during the last quarter. Finally, Bayban bought a new stake in shares of Micron Technology in the fourth quarter worth $29,000. 80.84% of the stock is owned by hedge funds and other institutional investors.

Micron Technology Trading Down 5.5%

Micron Technology stock opened at $975.56 on Friday. The firm has a 50 day moving average of $867.17 and a 200 day moving average of $549.79. The firm has a market capitalization of $1.10 trillion, a price-to-earnings ratio of 22.09 and a beta of 2.14. Micron Technology, Inc. has a 12-month low of $103.38 and a 12-month high of $1,255.00. The company has a current ratio of 3.42, a quick ratio of 2.98 and a debt-to-equity ratio of 0.05.

Micron Technology (NASDAQ:MU) last issued its quarterly earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share 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 the consensus estimate of $35.91 billion. Micron Technology had a net margin of 55.91% and a return on equity of 71.13%. The company’s revenue for the quarter was up 345.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.91 earnings per share. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. As a group, research analysts predict that Micron Technology, Inc. will post 72.94 earnings per share for the current year.

Micron Technology Announces Dividend

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

Micron Technology News Roundup

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

• Positive Sentiment: Micron continues to benefit from strong fundamental news, including a new long-term supply agreement with General Motors for automotive memory and storage, which expands its customer base beyond AI data centers. Micron and General Motors Sign Strategic Agreement to Secure Supply and Accelerate Innovation
• Positive Sentiment: Micron’s latest earnings report was described as a major beat, and several analysts reportedly raised price targets or maintained bullish views after the results, reinforcing the company’s strong demand outlook. Micron Stock Gets Set to Go Higher as KeyBanc Analyst Predicts ‘Continued Strong Demand’ in 2026
• Neutral Sentiment: Micron also announced a $250 million commitment to Trump Accounts, which is generating headlines but is less likely to materially change near-term operating results. Micron Technology Announces $250 Mln Investment In Trump Accounts
• Neutral Sentiment: There are still bullish commentary pieces arguing Micron remains a key AI and memory-play, but these are being offset by valuation concerns after the stock’s huge year-to-date surge. Is Micron Stock Too Expensive After Its Huge Run-Up?
• Negative Sentiment: Memory and semiconductor stocks are selling off broadly, with articles pointing to profit-taking, rotation out of high-growth tech, and memory-supply-glut fears hitting MU alongside peers like SanDisk and Western Digital. Micron stock extends decline despite Trump’s praise and bullish analyst views
• Negative Sentiment: Morningstar-linked commentary warned investors may want to trim exposure to AI memory names like Micron as the trade cools, adding to caution around the sector’s near-term momentum. Diversifying Tech Portfolios: Navigating AI Chip Surge & Finding New Opportunities
• Negative Sentiment: Additional pressure came from reports of a new class-action lawsuit targeting DRAM makers and from worries that competing supply sources, including possible China sourcing by Apple, could eventually challenge Micron’s pricing power. Samsung, SK Hynix, Micron sued over DRAM prices: what’s at stake

Insider Activity

In other Micron Technology news, EVP Sumit Sadana sold 24,000 shares of the stock in a transaction on Friday, April 10th. The stock was sold at an average price of $421.35, for a total value of $10,112,400.00. Following the completion of the sale, the executive vice president owned 224,021 shares in the company, valued at approximately $94,391,248.35. This represents a 9.68% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Steven J. Gomo sold 2,000 shares of the firm’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $787.03, for a total value of $1,574,060.00. Following the sale, the director directly owned 17,139 shares in the company, valued at approximately $13,488,907.17. This represents a 10.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 147,300 shares of company stock worth $119,422,004. 0.24% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research firms recently commented on MU. Weiss Ratings reiterated a “buy (b)” rating on shares of Micron Technology in a research report on Tuesday, May 12th. Sanford C. Bernstein set a $1,300.00 price target on Micron Technology in a research note on Monday, June 22nd. Bank of America upped their price target on shares of Micron Technology from $950.00 to $1,500.00 and gave the company a “buy” rating in a research report on Tuesday, June 23rd. UBS Group increased their price objective on shares of Micron Technology from $535.00 to $1,625.00 and gave the stock a “buy” rating in a research note on Tuesday, May 26th. Finally, Cantor Fitzgerald reissued an “overweight” rating and issued a $1,500.00 price objective on shares of Micron Technology in a report on Thursday, June 25th. Five investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $1,263.76.

Micron Technology Company 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.