25,664 Shares in Micron Technology, Inc. $MU Acquired by Ruffer LLP

Ruffer LLP bought a new stake in shares of Micron Technology, Inc. (NASDAQ:MU) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 25,664 shares of the semiconductor manufacturer’s stock, valued at approximately $4,294,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MU. Brighton Jones LLC grew its position 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 purchasing an additional 976 shares in the last quarter. Sivia Capital Partners LLC increased its stake in Micron Technology by 21.7% during the second quarter. Sivia Capital Partners LLC now owns 3,528 shares of the semiconductor manufacturer’s stock worth $435,000 after acquiring an additional 628 shares during the last quarter. Janney Montgomery Scott LLC boosted its holdings in shares of Micron Technology by 10.6% in the 2nd quarter. Janney Montgomery Scott LLC now owns 262,753 shares of the semiconductor manufacturer’s stock worth $32,384,000 after purchasing an additional 25,102 shares during the period. Chicago Capital LLC purchased a new position in Micron Technology during the second quarter worth $301,000. Finally, Midwest Financial Group LLC lifted its holdings in shares of Micron Technology by 4.9% in the 2nd quarter. Midwest Financial Group LLC now owns 22,900 shares of the semiconductor manufacturer’s stock worth $2,822,000 after acquiring an additional 1,070 shares during the last quarter. Institutional investors own 80.84% of the company’s stock.

Insider Transactions at Micron Technology

In other Micron Technology news, EVP Manish H. Bhatia sold 26,623 shares of the company’s stock in a transaction on Thursday, January 22nd. The stock was sold at an average price of $391.04, for a total value of $10,410,657.92. Following the completion of the sale, the executive vice president directly owned 323,486 shares in the company, valued at $126,495,965.44. This represents a 7.60% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP April S. Arnzen sold 15,000 shares of the firm’s stock in a transaction dated 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 sale, the executive vice president owned 165,618 shares of the company’s stock, valued at approximately $45,891,091.62. The trade was a 8.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have acquired 23,200 shares of company stock valued at $7,821,723 and have sold 61,123 shares valued at $19,547,151. Company insiders own 0.24% of the company’s stock.

Micron Technology Trading Up 6.1%

Shares of Micron Technology 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. Micron Technology, Inc. has a twelve month low of $61.54 and a twelve 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. The firm’s 50-day moving average price is $292.48 and its 200 day moving average price is $207.46.

Micron Technology (NASDAQ:MU) last announced its earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 EPS for the quarter, beating analysts’ consensus estimates of $3.77 by $1.01. Micron Technology had a return on equity of 22.71% and a net margin of 28.15%.The business had revenue of $13.64 billion during the quarter, compared to analysts’ expectations of $12.62 billion. During the same quarter in the prior year, the firm earned $1.79 earnings per share. The business’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. On average, sell-side analysts predict that Micron Technology, Inc. will post 6.08 EPS for the current fiscal year.

Micron Technology Announces Dividend

The business also recently announced 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 was Monday, December 29th. Micron Technology’s payout ratio is currently 4.37%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on MU. BNP Paribas Exane raised Micron Technology from an “underperform” rating to an “outperform” rating and set a $270.00 price target for the company in a research note on Monday, October 13th. HSBC upped their price target on shares of Micron Technology from $350.00 to $500.00 and gave the stock a “buy” rating in a research report on Friday, January 23rd. The Goldman Sachs Group lifted their target price on Micron Technology from $205.00 to $235.00 and gave the company a “neutral” rating in a research note on Thursday, December 18th. Hsbc Global Res raised Micron Technology to a “strong-buy” rating in a research report on Friday, January 23rd. Finally, Cantor Fitzgerald lifted their target price on shares of Micron Technology from $350.00 to $450.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 14th. Five equities research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Micron Technology has an average rating of “Buy” and a consensus price target of $349.76.

Key Stories Impacting 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

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.