Micron Technology, Inc. $MU Shares Bought by OFI Invest Asset Management

OFI Invest Asset Management grew its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 68.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,115 shares of the semiconductor manufacturer’s stock after acquiring an additional 2,491 shares during the quarter. OFI Invest Asset Management’s holdings in Micron Technology were worth $1,745,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Elevation Wealth Partners LLC increased its stake 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 acquiring an additional 71 shares during the last quarter. Noble Wealth Management PBC acquired a new position in shares of Micron Technology during the 4th quarter valued at about $40,000. REAP Financial Group LLC acquired a new position in shares of Micron Technology during the 3rd quarter valued at about $25,000. Barnes Dennig Private Wealth Management LLC acquired a new position in shares of Micron Technology during the 3rd quarter valued at about $27,000. Finally, Cullen Frost Bankers Inc. increased its stake in shares of Micron Technology by 79.3% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 199 shares of the semiconductor manufacturer’s stock valued at $33,000 after acquiring an additional 88 shares during the last quarter. Institutional investors and hedge funds own 80.84% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently commented on MU. HSBC upped their price objective on shares of Micron Technology from $350.00 to $500.00 and gave the company a “buy” rating in a research note on Friday, January 23rd. Phillip Securities raised shares of Micron Technology to a “strong-buy” rating in a research report on Monday, February 2nd. Itau BBA Securities reissued an “outperform” rating on shares of Micron Technology in a research report on Thursday, December 18th. Bank of America increased their target price on shares of Micron Technology from $400.00 to $500.00 and gave the stock a “buy” rating in a research report on Thursday, March 19th. Finally, Erste Group Bank downgraded shares of Micron Technology from a “buy” rating to a “hold” rating in a research report on Thursday, April 2nd. Five analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $464.61.

Micron Technology Stock Up 3.6%

NASDAQ MU opened at $421.51 on Friday. The stock has a market cap of $475.35 billion, a PE ratio of 19.90 and a beta of 1.60. Micron Technology, Inc. has a fifty-two week low of $65.64 and a fifty-two week high of $471.34. The business has a 50 day moving average price of $401.37 and a two-hundred day moving average price of $305.41. The company has a quick ratio of 2.32, a current ratio of 2.90 and a debt-to-equity ratio of 0.13.

Micron Technology Increases Dividend

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

Key Stories Impacting Micron Technology

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

• Positive Sentiment: Micron issued guidance for the quarter that materially exceeds street expectations (EPS guidance well above consensus and revenue guidance far ahead of estimates), signaling stronger-than-expected near-term profitability and demand—this is a direct fundamental catalyst for the rally.
• Positive Sentiment: UBS raised its price target on MU (Buy), citing improving pricing and long‑term deal potential in memory — analyst upgrades and higher targets tend to attract flows and support higher valuations. Micron price target boosted by UBS as memory “super-cycle” defies norms
• Positive Sentiment: BofA highlighted a multi-year AI capex ramp and named Micron among top blue‑chip beneficiaries — bullish institutional research on AI infrastructure increases conviction that DRAM/HBM demand will stay strong. BofA Sees Strong Growth in AI Investment, Backs Micron (MU)
• Positive Sentiment: Strategic investments and capacity expansion: Micron invested in SiMa.ai (edge AI partnership), announced community investment tied to a planned NY megafab, and is buying a Taiwan DRAM site to expand HBM/DRAM capacity — all move supply-side capability closer to meeting AI demand. Micron Expands AI Ecosystem With Edge Partner And New York Megafab Plans
• Positive Sentiment: Sector/strategy write-ups (Seeking Alpha, MarketBeat, The Motley Fool, etc.) highlight structural memory shortages, high‑bandwidth memory (HBM) tailwinds and institutional accumulation — narrative pieces amplify buying pressure by shifting investor expectations from cyclical to secular growth. Micron: The Memory Bottleneck Is Shifting – And Market Hasn’t Caught Up
• Neutral Sentiment: Short‑term technical/flow commentary notes a recent 100%+ rally over months and heavy institutional ownership; some analysts ask whether more upside remains — supportive but suggests higher sensitivity to earnings execution. Micron Stock (MU) Rallies 124% in Six Months – Is There More Upside Left?
• Negative Sentiment: Supply‑risk headline: reports that a Middle East cease‑fire could ease helium supply constraints (helium is used in chip production) briefly pressured shares earlier — if supply tightness eases materially, memory pricing could moderate over time. Stocks to Watch: Disney, Constellation, Micron

Insider Buying and Selling

In related news, Director Teyin M. Liu purchased 11,600 shares of the firm’s stock in a transaction on Tuesday, January 13th. The stock was purchased at an average price of $337.07 per share, for a total transaction of $3,910,012.00. Following the acquisition, the director directly owned 14,310 shares in the company, valued at $4,823,471.70. The trade was a 428.04% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP April S. Arnzen sold 40,000 shares of the company’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $347.39, for a total value of $13,895,600.00. Following the completion of the transaction, the executive vice president owned 125,737 shares of the company’s stock, valued at approximately $43,679,776.43. This represents a 24.13% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have bought 23,200 shares of company stock worth $7,821,723 and have sold 91,623 shares worth $35,053,508. 0.24% of the stock is owned by company insiders.

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.