231,335 Shares in Micron Technology, Inc. $MU Purchased by Caxton Associates LLP

Caxton Associates LLP bought a new stake in Micron Technology, Inc. (NASDAQ:MU) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 231,335 shares of the semiconductor manufacturer’s stock, valued at approximately $28,512,000. Micron Technology makes up approximately 0.7% of Caxton Associates LLP’s holdings, making the stock its 18th largest holding.

Several other institutional investors have also modified their holdings of the company. Orleans Capital Management Corp LA acquired a new position in Micron Technology during the second quarter worth approximately $256,000. Cary Street Partners Financial LLC grew its stake in shares of Micron Technology by 25.0% during the 2nd quarter. Cary Street Partners Financial LLC now owns 26,132 shares of the semiconductor manufacturer’s stock valued at $3,221,000 after buying an additional 5,233 shares during the period. Wealthspire Advisors LLC raised its position in shares of Micron Technology by 27.8% in the 2nd quarter. Wealthspire Advisors LLC now owns 14,754 shares of the semiconductor manufacturer’s stock worth $1,818,000 after buying an additional 3,208 shares during the period. KLP Kapitalforvaltning AS boosted its holdings in Micron Technology by 6.2% in the second quarter. KLP Kapitalforvaltning AS now owns 403,105 shares of the semiconductor manufacturer’s stock valued at $49,683,000 after acquiring an additional 23,600 shares during the last quarter. Finally, WealthBridge Capital Management LLC purchased a new stake in Micron Technology during the second quarter valued at about $210,000. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently commented on MU. Weiss Ratings upgraded Micron Technology from a “hold (c+)” rating to a “buy (b-)” rating in a report on Saturday, November 1st. New Street Research restated a “neutral” rating on shares of Micron Technology in a report on Tuesday, October 14th. CLSA assumed coverage on shares of Micron Technology in a research note on Wednesday, August 27th. They set an “outperform” rating and a $155.00 price objective for the company. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Micron Technology from $200.00 to $280.00 and gave the stock a “buy” rating in a research report on Tuesday, December 9th. Finally, Rosenblatt Securities lifted their target price on shares of Micron Technology from $250.00 to $300.00 and gave the company a “buy” rating in a report on Monday, November 17th. Five investment analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, Micron Technology has a consensus rating of “Buy” and a consensus price target of $236.59.

Micron Technology Trading Down 6.7%

NASDAQ MU opened at $241.14 on Friday. The stock has a market cap of $271.07 billion, a P/E ratio of 31.77, a PEG ratio of 0.41 and a beta of 1.54. The company’s fifty day simple moving average is $223.10 and its 200-day simple moving average is $159.97. The company has a current ratio of 2.52, a quick ratio of 1.79 and a debt-to-equity ratio of 0.26. Micron Technology, Inc. has a 52 week low of $61.54 and a 52 week high of $264.75.

Micron Technology (NASDAQ:MU) last released its quarterly earnings results on Tuesday, September 23rd. The semiconductor manufacturer reported $3.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.86 by $0.17. The firm had revenue of $11.32 billion for the quarter, compared to the consensus estimate of $11.05 billion. Micron Technology had a net margin of 22.84% and a return on equity of 17.21%. The firm’s quarterly revenue was up 46.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.18 EPS. Micron Technology has set its Q1 2026 guidance at 3.600-3.900 EPS. Equities research analysts predict that Micron Technology, Inc. will post 6.08 EPS for the current fiscal year.

Micron Technology Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 21st. Investors of record on Friday, October 3rd were issued a $0.115 dividend. The ex-dividend date of this dividend was Friday, October 3rd. This represents a $0.46 dividend on an annualized basis and a yield of 0.2%. Micron Technology’s dividend payout ratio is currently 6.06%.

Insiders Place Their Bets

In other Micron Technology news, CAO Scott R. Allen sold 8,800 shares of Micron Technology stock in a transaction that occurred on Monday, October 20th. The stock was sold at an average price of $210.02, for a total transaction of $1,848,176.00. Following the sale, the chief accounting officer directly owned 40,237 shares in the company, valued at $8,450,574.74. The trade was a 17.95% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Sanjay Mehrotra sold 3,743 shares of the stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $233.39, for a total value of $873,578.77. Following the transaction, the chief executive officer owned 396,578 shares of the company’s stock, valued at approximately $92,557,339.42. This trade represents a 0.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 392,352 shares of company stock worth $82,994,387 in the last quarter. Company insiders own 0.24% of the company’s stock.

Micron Technology Profile

Micron Technology, Inc designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels.