Micron Technology, Inc. $MU Shares Acquired by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. grew its stake in Micron Technology, Inc. (NASDAQ:MU) by 3.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 62,238 shares of the semiconductor manufacturer’s stock after purchasing an additional 2,311 shares during the period. Assenagon Asset Management S.A.’s holdings in Micron Technology were worth $10,414,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. Traphagen Investment Advisors LLC purchased a new stake in Micron Technology in the 3rd quarter valued at $253,000. Sanders Morris Harris LLC purchased a new position in shares of Micron Technology during the 3rd quarter worth $209,000. Mirador Capital Partners LP boosted its position in shares of Micron Technology by 1.7% during the 3rd quarter. Mirador Capital Partners LP now owns 17,503 shares of the semiconductor manufacturer’s stock valued at $2,929,000 after acquiring an additional 298 shares during the last quarter. WealthBridge Investment Counsel Inc. grew its holdings in shares of Micron Technology by 6.5% in the third quarter. WealthBridge Investment Counsel Inc. now owns 42,825 shares of the semiconductor manufacturer’s stock valued at $7,165,000 after purchasing an additional 2,600 shares during the period. Finally, Moody National Bank Trust Division grew its holdings in shares of Micron Technology by 0.9% in the third quarter. Moody National Bank Trust Division now owns 13,862 shares of the semiconductor manufacturer’s stock valued at $2,319,000 after purchasing an additional 123 shares during the period. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Sanford C. Bernstein restated an “outperform” rating on shares of Micron Technology in a research report on Thursday. CLSA started coverage on shares of Micron Technology in a research report on Wednesday, August 27th. They issued an “outperform” rating and a $155.00 target price on the stock. Cowen reaffirmed a “buy” rating on shares of Micron Technology in a research note on Thursday, December 11th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Micron Technology from $200.00 to $280.00 and gave the company a “buy” rating in a research report on Tuesday, December 9th. Finally, Citigroup upped their price objective on shares of Micron Technology from $300.00 to $330.00 and gave the stock a “buy” rating in a report on Thursday. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, Micron Technology currently has a consensus rating of “Buy” and an average target price of $282.61.

Micron Technology Stock Up 7.0%

Shares of MU opened at $265.92 on Friday. The company’s 50-day simple moving average is $228.36 and its 200-day simple moving average is $165.02. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.79 and a current ratio of 2.46. Micron Technology, Inc. has a 1 year low of $61.54 and a 1 year high of $268.38. The stock has a market capitalization of $298.93 billion, a PE ratio of 25.28, a P/E/G ratio of 0.39 and a beta of 1.54.

Micron Technology (NASDAQ:MU) last announced its earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share for the quarter, topping the consensus estimate of $3.77 by $1.01. The firm 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 firm’s revenue for the quarter was up 56.7% on a year-over-year basis. During the same period in the prior year, the firm earned $1.79 EPS. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. Analysts forecast that Micron Technology, Inc. will post 6.08 earnings per share for the current fiscal year.

Micron Technology Dividend Announcement

The business 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 $0.115 dividend. This represents a $0.46 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Monday, December 29th. Micron Technology’s dividend payout ratio (DPR) is presently 4.37%.

Micron Technology News Roundup

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 Buying and Selling

In other Micron Technology news, CEO Sanjay Mehrotra sold 3,743 shares of the stock in a transaction dated Friday, November 7th. The stock was sold at an average price of $233.39, for a total value of $873,578.77. Following the sale, the chief executive officer owned 396,578 shares of the company’s stock, valued at $92,557,339.42. This trade represents a 0.93% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Mark J. Murphy sold 126,000 shares of Micron Technology stock in a transaction dated Thursday, October 30th. The shares were sold at an average price of $225.31, for a total value of $28,389,060.00. Following the completion of the transaction, the chief financial officer owned 219,693 shares of the company’s stock, valued at $49,499,029.83. The trade was a 36.45% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 369,852 shares of company stock valued at $79,364,303 in the last three months. 0.24% of the stock is currently owned by 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.