LGT Group Foundation Reduces Position in Micron Technology, Inc. $MU

LGT Group Foundation decreased its holdings in Micron Technology, Inc. (NASDAQ:MU) by 31.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 73,377 shares of the semiconductor manufacturer’s stock after selling 33,475 shares during the period. LGT Group Foundation’s holdings in Micron Technology were worth $13,366,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of MU. REAP Financial Group LLC purchased a new stake in shares of Micron Technology in the third quarter valued at approximately $25,000. Barnes Dennig Private Wealth Management LLC purchased a new position in Micron Technology during the third quarter worth approximately $27,000. Howard Hughes Medical Institute purchased a new position in Micron Technology during the second quarter worth approximately $30,000. Cullen Frost Bankers Inc. boosted its stake in Micron Technology by 79.3% during the third quarter. Cullen Frost Bankers Inc. now owns 199 shares of the semiconductor manufacturer’s stock worth $33,000 after buying an additional 88 shares during the last quarter. Finally, WealthCollab LLC grew its holdings in Micron Technology by 4,500.0% in the 2nd quarter. WealthCollab LLC now owns 276 shares of the semiconductor manufacturer’s stock valued at $34,000 after buying an additional 270 shares in the last quarter. 80.84% of the stock is owned by hedge funds and other institutional investors.

More Micron Technology News

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

• Positive Sentiment: Aletheia bumped its price target sharply to $650 (from $315) and kept a Buy rating, citing sustained AI training/inference demand that should lift memory pricing and Micron’s earnings power. Aletheia Lifts PT on Micron Technology, Inc. (MU) to $650 From $315 – Here’s Why
• Positive Sentiment: UBS raised its price target to $475 and flagged prolonged supply tightness across memory markets, which supports stronger pricing and margins for Micron. That channel-check view reinforces a multi-quarter revenue/price tailwind. UBS Sees Prolonged Supply Tightness Supporting Micron Technology, Inc. (MU)
• Positive Sentiment: Micron’s S&P 100 inclusion and its customer-sampled 256GB SOCAMM2 LPDRAM (co‑designed with NVIDIA) highlight expanding role in AI memory — a structural demand story that can attract index flows and broader institutional interest. Micron’s S&P 100 Debut Highlights Expanding Role In AI Memory
• Neutral Sentiment: Micron is a meaningful holding in several ETFs focused on value/low-volatility (one fund notes ~10% weight). That can boost passive inflows but also concentrate downside if ETFs rebalance. (MarketBeat coverage on ETFs and holdings.)
• Negative Sentiment: Some analysts and articles warn Micron may be richly valued at current levels and list it among AI names vulnerable to sharp pullbacks if sentiment shifts — a reminder that multiple upside narratives are pricing in future growth. 2 Artificial Intelligence (AI) Stocks to Sell Before They Fall 40% and 55%, According to Wall Street Analysts

Micron Technology Stock Performance

NASDAQ MU opened at $370.30 on Monday. The stock has a market cap of $416.78 billion, a PE ratio of 35.20 and a beta of 1.50. 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 $455.50. The stock has a fifty day simple moving average of $379.98 and a 200-day simple moving average of $263.57.

Micron Technology (NASDAQ:MU) last issued its quarterly earnings data on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.77 by $1.01. The firm had revenue of $13.64 billion during the quarter, compared to the consensus estimate of $12.62 billion. Micron Technology had a return on equity of 22.71% and a net margin of 28.15%.The company’s quarterly revenue was up 56.7% on a year-over-year basis. During the same period last year, the company earned $1.79 EPS. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. Equities analysts anticipate that Micron Technology, Inc. will post 6.08 earnings per share for the current year.

Micron Technology Announces Dividend

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

Insider Buying and Selling

In related news, EVP Manish H. Bhatia sold 26,623 shares of the stock in a transaction dated Thursday, January 22nd. The stock was sold at an average price of $391.04, for a total transaction of $10,410,657.92. Following the transaction, the executive vice president owned 323,486 shares of the company’s stock, valued at approximately $126,495,965.44. This represents a 7.60% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Scott R. Allen sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $337.50, for a total value of $675,000.00. Following the transaction, the chief accounting officer owned 38,237 shares of the company’s stock, valued at $12,904,987.50. This trade represents a 4.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have bought 23,200 shares of company stock valued at $7,821,723 and have sold 73,623 shares valued at $27,307,408. 0.24% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. Bank of America raised their target price on Micron Technology from $300.00 to $400.00 and gave the stock a “buy” rating in a research note on Tuesday, January 13th. Wells Fargo & Company upped their price objective on shares of Micron Technology from $335.00 to $410.00 and gave the company an “overweight” rating in a report on Thursday, January 15th. Mizuho raised their price objective on shares of Micron Technology from $390.00 to $480.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 27th. Stifel Nicolaus lifted their target price on shares of Micron Technology from $360.00 to $550.00 and gave the stock a “buy” rating in a research note on Monday, March 2nd. Finally, Wedbush set a $320.00 target price on shares of Micron Technology in a report on Thursday, December 18th. Six equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $371.83.

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.