Maryland State Retirement & Pension System Boosts Holdings in Micron Technology, Inc. $MU

Maryland State Retirement & Pension System lifted its holdings in Micron Technology, Inc. (NASDAQ:MU) by 2.6% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 55,717 shares of the semiconductor manufacturer’s stock after acquiring an additional 1,410 shares during the quarter. Maryland State Retirement & Pension System’s holdings in Micron Technology were worth $9,323,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC grew its stake in shares of Micron Technology by 18.3% during the fourth quarter. Brighton Jones LLC now owns 6,318 shares of the semiconductor manufacturer’s stock valued at $532,000 after buying an additional 976 shares during the last quarter. Sivia Capital Partners LLC increased its stake in shares of Micron Technology by 21.7% during the second quarter. Sivia Capital Partners LLC now owns 3,528 shares of the semiconductor manufacturer’s stock valued at $435,000 after buying an additional 628 shares during the period. Wealth Enhancement Advisory Services LLC raised its holdings in Micron Technology by 9.9% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 95,797 shares of the semiconductor manufacturer’s stock worth $11,715,000 after purchasing an additional 8,621 shares in the last quarter. YHB Investment Advisors Inc. purchased a new stake in Micron Technology in the second quarter worth about $262,000. Finally, Trust Point Inc. bought a new position in shares of Micron Technology in the 2nd quarter worth approximately $255,000. Institutional investors own 80.84% of the company’s stock.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: Micron celebrated the official groundbreaking for its planned New York “megafab” — a multi‑year, large‑scale investment that underpins long‑term capacity growth for AI DRAM/NAND demand and signals strong political and local support. Read More.
• Positive Sentiment: High‑profile insider buys: former TSMC co‑CEO Mark Liu purchased several million dollars of MU shares and director Teyin M. Liu disclosed a ~$3.9M purchase — management and industry veteran buying is a strong confidence signal for investors. Read More.
• Positive Sentiment: Wall Street lifted targets and coverage: Cantor Fitzgerald and others raised targets (Cantor to $450), RBC initiated with Outperform, Wells Fargo and Citi raised theirs — these notes broaden institutional demand and support higher valuations. Read More.
• Positive Sentiment: Analyst/market commentary points to strong AI data‑center demand and Micron’s HBM ramp, reinforcing revenue/margin upside expectations tied to the AI memory shortage. Read More.
• Neutral Sentiment: Media coverage highlights MU as a top semiconductor/AI pick (Zacks, Investopedia): helps attract flows, but also places MU into a crowded thematic trade that can amplify intra‑day moves. Read More.
• Neutral Sentiment: CEO and company commentary emphasize ongoing AI memory tightness — bullish for fundamentals but timing/size of revenue realization remains the key variable for investors. Read More.
• Negative Sentiment: Risk/volatility reminders: analysts and commentators note MU’s history of sharp drawdowns and the potential for profit‑taking after a massive rerating, which raises short‑term downside risk despite strong momentum. Read More.
• Negative Sentiment: Competition/rotation risk: some analysts warn other AI chip names could soak up investor flows, and thematic rotation could redirect capital away from memory names if expectations shift. Read More.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. KeyCorp upped their price target on Micron Technology from $325.00 to $450.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 13th. BNP Paribas raised shares of Micron Technology from a “strong sell” rating to a “strong-buy” rating in a research report on Monday, October 13th. Citigroup upped their price objective on shares of Micron Technology from $330.00 to $385.00 and gave the stock a “buy” rating in a report on Thursday. Needham & Company LLC lifted their target price on shares of Micron Technology from $200.00 to $300.00 and gave the company a “buy” rating in a report on Tuesday, December 16th. Finally, TD Cowen boosted their price target on Micron Technology from $275.00 to $300.00 and gave the stock a “buy” rating in a research report on Thursday, December 18th. Five equities research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, Micron Technology has a consensus rating of “Buy” and an average price target of $326.66.

Insider Activity at Micron Technology

In related news, Director Teyin M. Liu bought 11,600 shares of the company’s stock in a transaction that occurred on Wednesday, January 14th. The shares were bought at an average price of $337.22 per share, for a total transaction of $3,911,752.00. Following the completion of the acquisition, the director owned 25,910 shares of the company’s stock, valued at $8,737,370.20. This trade represents a 81.06% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP April S. Arnzen sold 15,000 shares of Micron Technology stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $277.09, for a total transaction of $4,156,350.00. Following the completion of the sale, the executive vice president directly owned 165,618 shares of the company’s stock, valued at approximately $45,891,091.62. This trade represents a 8.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 318,800 shares of company stock valued at $72,333,387 over the last quarter. 0.24% of the stock is owned by company insiders.

Micron Technology Stock Performance

Shares of MU opened at $362.75 on Friday. The company has a market cap of $408.28 billion, a price-to-earnings ratio of 34.48, a P/E/G ratio of 0.22 and a beta of 1.50. The business’s fifty day simple moving average is $267.89 and its two-hundred day simple moving average is $192.29. Micron Technology, Inc. has a 12 month low of $61.54 and a 12 month high of $365.81. The company has a current ratio of 2.46, a quick ratio of 1.78 and a debt-to-equity ratio of 0.19.

Micron Technology (NASDAQ:MU) last released its quarterly earnings data on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 EPS for the quarter, beating the consensus estimate of $3.77 by $1.01. Micron Technology had a return on equity of 22.71% and a net margin of 28.15%.The company had revenue of $13.64 billion for the quarter, compared to analysts’ expectations of $12.62 billion. During the same period last year, the firm posted $1.79 earnings per share. Micron Technology’s revenue 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. Research analysts anticipate that Micron Technology, Inc. will post 6.08 earnings per share for the current fiscal year.

Micron Technology Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 14th. Stockholders of record on Monday, December 29th were issued a dividend of $0.115 per share. 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 payout ratio is presently 4.37%.

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.