6,022 Shares in Micron Technology, Inc. $MU Purchased by Astoria Portfolio Advisors LLC.

Astoria Portfolio Advisors LLC. bought a new position in shares of Micron Technology, Inc. (NASDAQ:MU) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 6,022 shares of the semiconductor manufacturer’s stock, valued at approximately $1,008,000.

Several other hedge funds have also made changes to their positions in MU. Norges Bank purchased a new stake in shares of Micron Technology during the 2nd quarter valued at approximately $1,980,700,000. Slate Path Capital LP purchased a new position in Micron Technology in the second quarter worth approximately $317,751,000. Vanguard Group Inc. grew its position in Micron Technology by 1.9% in the second quarter. Vanguard Group Inc. now owns 103,879,662 shares of the semiconductor manufacturer’s stock worth $12,803,168,000 after acquiring an additional 1,973,294 shares during the period. State Street Corp increased its stake in Micron Technology by 2.7% during the second quarter. State Street Corp now owns 51,373,591 shares of the semiconductor manufacturer’s stock worth $6,331,795,000 after acquiring an additional 1,349,713 shares during the last quarter. Finally, Orbis Allan Gray Ltd increased its stake in Micron Technology by 50.2% during the second quarter. Orbis Allan Gray Ltd now owns 3,457,726 shares of the semiconductor manufacturer’s stock worth $426,165,000 after acquiring an additional 1,156,086 shares during the last quarter. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Wall Street Analyst Weigh In

MU has been the topic of several recent analyst reports. Citigroup upped their price target on Micron Technology from $300.00 to $330.00 and gave the company a “buy” rating in a research note on Thursday. Summit Insights upgraded shares of Micron Technology to a “strong-buy” rating in a report on Tuesday, September 23rd. Mizuho upped their target price on shares of Micron Technology from $270.00 to $290.00 and gave the company an “outperform” rating in a research report on Thursday. Weiss Ratings raised shares of Micron Technology from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Saturday, November 1st. Finally, Bank of America upgraded shares of Micron Technology from a “neutral” rating to a “buy” rating and lifted their price target for the company from $250.00 to $300.00 in a research report on Thursday. Five investment analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $282.61.

Trending Headlines about Micron Technology

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

• Positive Sentiment: Blowout Q1 results and blowout guidance — revenue and EPS beat estimates and management issued guidance well above consensus, implying materially stronger 2026 growth and margins, which is the primary driver of the rally. Micron’s Q1 Results Say “AI Bubble Is Far From Bursting”
• Positive Sentiment: “Sold‑out” HBM and runaway AI memory demand — management said HBM capacity is tight and orders are sold out, supporting a large addressable market for AI accelerators and pricing/margin upside. Micron stock pops 14% as AI memory demand soars: ‘We are more than sold out’
• Positive Sentiment: Analyst upgrades and price‑target increases — multiple firms raised ratings and targets after the print (JPMorgan, UBS, Wolfe, Citigroup and others), which amplifies buy-side momentum and raises consensus expectations. Micron Stock Jumps On ‘Stunning’ Quarterly Results, Guidance
• Positive Sentiment: Sector/ETF spillover — cooler inflation and the earnings surprise helped tech/AI ETFs rally, drawing incremental flows into names with large AI exposure like MU. Inflation Cools, Micron Shines: Tech ETFs Catch Tailwind
• Neutral Sentiment: Dividend declaration adds a small yield and signals confidence, but it is modest relative to market moves and not the main catalyst.
• Negative Sentiment: Large insider selling noted in public data — many recent sales by senior executives could be read as liquidity-taking and may add pressure or caution for some investors. Micron Technology Stock (MU) Opinions on Recent Earnings Beat
• Negative Sentiment: Valuation and sustainability questions — some analysts and outlets warn the beat may have baked in aggressive assumptions about how long supply tightness and pricing persist; that raises the risk of sharp swings if demand or pricing normalizes. Micron’s Blowout Results Are Bad News for Anyone Buying a New Phone or PC Next Year

Insider Activity

In other news, CEO Sanjay Mehrotra sold 22,500 shares of the company’s stock in a transaction on Monday, October 27th. The shares were sold at an average price of $220.72, for a total value of $4,966,200.00. Following the completion of the transaction, the chief executive officer directly owned 446,578 shares in the company, valued at approximately $98,568,696.16. This represents a 4.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Mark J. Murphy sold 126,000 shares of the firm’s stock in a transaction on Thursday, October 30th. The shares were sold at an average price of $225.31, for a total transaction of $28,389,060.00. Following the sale, the chief financial officer directly owned 219,693 shares of the company’s stock, valued at approximately $49,499,029.83. The trade was a 36.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 369,852 shares of company stock valued at $79,364,303. 0.24% of the stock is currently owned by company insiders.

Micron Technology Stock Performance

NASDAQ MU opened at $265.92 on Friday. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.46 and a quick ratio of 1.79. Micron Technology, Inc. has a 1-year low of $61.54 and a 1-year high of $268.38. The business’s 50-day simple moving average is $228.36 and its 200-day simple moving average is $164.59. The firm has a market capitalization of $298.93 billion, a P/E ratio of 25.28, a P/E/G ratio of 0.37 and a beta of 1.54.

Micron Technology (NASDAQ:MU) last issued 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. The business had revenue of $13.64 billion for the quarter, compared to the consensus estimate of $12.62 billion. Micron Technology had a net margin of 28.15% and a return on equity of 22.71%. The business’s revenue for the quarter was up 56.7% compared to the same quarter last year. During the same quarter last year, the firm posted $1.79 EPS. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. Equities analysts predict that Micron Technology, Inc. will post 6.08 EPS for the current year.

Micron Technology Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 14th. Stockholders of record on Monday, December 29th will be paid a dividend of $0.115 per share. The ex-dividend date is Monday, December 29th. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.2%. Micron Technology’s dividend payout ratio (DPR) is currently 6.06%.

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.