Micron Technology, Inc. $MU Shares Purchased by Brighton Jones LLC

Brighton Jones LLC grew its position in shares of Micron Technology, Inc. (NASDAQ:MU) by 121.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 17,253 shares of the semiconductor manufacturer’s stock after purchasing an additional 9,469 shares during the period. Brighton Jones LLC’s holdings in Micron Technology were worth $2,887,000 at the end of the most recent quarter.

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

Insider Activity

In other news, EVP April S. Arnzen sold 15,000 shares of the company’s stock in a transaction dated Tuesday, September 30th. The shares were sold at an average price of $164.04, for a total transaction of $2,460,600.00. Following the completion of the transaction, the executive vice president owned 131,580 shares in the company, valued at approximately $21,584,383.20. This represents a 10.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Mark J. Murphy sold 126,000 shares of the stock in a transaction dated Thursday, October 30th. The stock was sold at an average price of $225.31, for a total transaction of $28,389,060.00. Following the completion of the sale, the chief financial officer directly owned 219,693 shares in the company, valued at approximately $49,499,029.83. This trade represents a 36.45% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 369,852 shares of company stock worth $79,364,303. 0.24% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on MU shares. Sanford C. Bernstein reissued an “outperform” rating on shares of Micron Technology in a research report on Thursday. HSBC initiated coverage on shares of Micron Technology in a research note on Tuesday, December 9th. They set a “buy” rating and a $330.00 price objective on the stock. Cantor Fitzgerald boosted their target price on shares of Micron Technology from $300.00 to $350.00 and gave the stock an “overweight” rating in a research report on Thursday. Needham & Company LLC increased their price target on shares of Micron Technology from $200.00 to $300.00 and gave the stock a “buy” rating in a research report on Tuesday, December 16th. Finally, Piper Sandler lifted their price target on Micron Technology from $200.00 to $275.00 and gave the stock an “overweight” rating in a research note on Thursday, December 18th. Five research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, Micron Technology presently has a consensus rating of “Buy” and a consensus target price of $282.61.

Key Micron Technology News

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

• Positive Sentiment: Q1 beat + sold‑out HBM demand: MarketBeat highlights Micron’s FY2026 Q1 beat, management saying HBM capacity is sold out through 2026 and pricing largely locked — a near-term revenue de‑risking that supports higher margins and multiple expansion. Read More.
• Positive Sentiment: Structural shift to AI memory + margin lift: MarketBeat and related pieces report gross margins above 50%, Data Center now ~56% of revenue, and Micron positioning as a premium AI memory supplier — evidence for durable earnings power. Read More.
• Positive Sentiment: CapEx and capacity moves: MarketBeat notes Micron raised FY2026 CapEx to ~$20B, fast‑tracking the Boise fab (first wafers mid‑2027) while delaying Clay, NY — a tactical pivot to capture near‑term AI pricing. Read More.
• Positive Sentiment: Analyst upgrades & higher targets: Multiple outlets report fresh upgrades and big price‑target raises (some coverage citing $382–$500 targets) as analysts reprice MU from cyclical memory to AI infrastructure play. Read More.
• Positive Sentiment: HBM market thesis reinforced: MarketBeat’s HBM pieces emphasize multi‑year tight supply, skyrocketing HBM pricing and Micron’s HBM4 sampling — supporting revenue/EBITDA upside and scarcity value. Read More.
• Neutral Sentiment: Momentum & fund flows: Zacks and other outlets note strong short‑term momentum (MU up double digits last week) and potential window‑dressing by funds — positive technically but raises questions about near‑term pullbacks. Read More.
• Negative Sentiment: Calls for caution on valuation/rally length: A Seeking Alpha piece and others warn the rally may have run ahead of fundamentals and urge caution — signals that profit‑taking or multiple compression could occur if growth expectations slip. Read More.
• Negative Sentiment: “Take profits?” debate: Several investor guides (Motley Fool/others) flag the rapid run and ask if short‑term holders should trim gains, highlighting volatility risk despite strong fundamentals. Read More.

Micron Technology Stock Performance

Shares of NASDAQ MU opened at $276.59 on Tuesday. The company has a quick ratio of 1.78, a current ratio of 2.46 and a debt-to-equity ratio of 0.19. The firm’s 50-day moving average price is $230.03 and its two-hundred day moving average price is $166.66. Micron Technology, Inc. has a 52-week low of $61.54 and a 52-week high of $279.99. The stock has a market capitalization of $311.30 billion, a P/E ratio of 26.29, a P/E/G ratio of 0.25 and a beta of 1.54.

Micron Technology (NASDAQ:MU) last posted its earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 EPS for the quarter, beating the consensus estimate of $3.77 by $1.01. The company had revenue of $13.64 billion during the quarter, compared to analyst estimates of $12.62 billion. Micron Technology had a return on equity of 22.71% and a net margin of 28.15%.The business’s revenue was up 56.7% compared to the same quarter last year. During the same period in the prior year, the company earned $1.79 earnings per share. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. As a group, sell-side analysts forecast 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 will be paid on Wednesday, January 14th. Shareholders of record on Monday, December 29th will be paid a $0.115 dividend. This represents a $0.46 dividend on an annualized basis and a 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 Company 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.