Exchange Traded Concepts LLC Has $3.08 Million Stock Position in Micron Technology, Inc. $MU

Posted by Defense World Staff on Dec 26th, 2025

Exchange Traded Concepts LLC boosted its stake in Micron Technology, Inc. (NASDAQ:MU – Free Report) by 723.4% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,395 shares of the semiconductor manufacturer’s stock after purchasing an additional 16,161 shares during the quarter. Exchange Traded Concepts LLC’s holdings in Micron Technology were worth $3,078,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Norges Bank bought a new stake in shares of Micron Technology during the 2nd quarter worth approximately $1,980,700,000. Slate Path Capital LP acquired a new position in Micron Technology during the second quarter valued at approximately $317,751,000. Vanguard Group Inc. lifted its stake in Micron Technology by 1.9% during the second quarter. Vanguard Group Inc. now owns 103,879,662 shares of the semiconductor manufacturer’s stock worth $12,803,168,000 after purchasing an additional 1,973,294 shares during the last quarter. State Street Corp lifted 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 purchasing an additional 1,349,713 shares during the last quarter. Finally, Orbis Allan Gray Ltd boosted its holdings in shares of Micron Technology by 50.2% in the 2nd quarter. Orbis Allan Gray Ltd now owns 3,457,726 shares of the semiconductor manufacturer’s stock valued at $426,165,000 after purchasing an additional 1,156,086 shares in the last quarter. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CFO Mark J. Murphy sold 126,000 shares of Micron Technology stock in a transaction that occurred on Thursday, October 30th. The stock was sold at an average price of $225.31, for a total value of $28,389,060.00. Following the transaction, the chief financial officer directly owned 219,693 shares of the company’s stock, valued at $49,499,029.83. The trade was a 36.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Sanjay Mehrotra sold 22,500 shares of the stock in a transaction that occurred on Monday, October 27th. The shares were sold at an average price of $220.72, for a total transaction of $4,966,200.00. Following the sale, the chief executive officer directly owned 446,578 shares of the company’s stock, valued at $98,568,696.16. This represents a 4.80% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 384,300 shares of company stock valued at $83,974,468 over the last 90 days. 0.24% of the stock is owned by corporate insiders.

Micron Technology Stock Up 3.9%

Shares of NASDAQ MU opened at $286.98 on Friday. The company has a 50 day simple moving average of $235.41 and a 200 day simple moving average of $169.49. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.46 and a quick ratio of 1.78. Micron Technology, Inc. has a 1 year low of $61.54 and a 1 year high of $289.30. The firm has a market cap of $323.00 billion, a PE ratio of 27.28, a price-to-earnings-growth ratio of 0.18 and a beta of 1.54.

Micron Technology (NASDAQ:MU – Get Free Report) last announced its quarterly earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.77 by $1.01. The firm had revenue of $13.64 billion during the quarter, compared to analysts’ expectations of $12.62 billion. Micron Technology had a net margin of 28.15% and a return on equity of 22.71%. The company’s revenue was up 56.7% on a year-over-year basis. During the same period in the prior year, the company posted $1.79 EPS. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. On average, research analysts forecast that Micron Technology, Inc. will post 6.08 EPS 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 issued a dividend of $0.115 per share. The ex-dividend date of this dividend is Monday, December 29th. This represents a $0.46 annualized dividend and a yield of 0.2%. Micron Technology’s payout ratio is presently 4.37%.

Analyst Ratings Changes

A number of research firms have recently commented on MU. Raymond James Financial boosted their price target on Micron Technology from $190.00 to $310.00 and gave the stock an “outperform” rating in a report on Thursday, December 18th. BNP Paribas upgraded Micron Technology from a “strong sell” rating to a “strong-buy” rating in a research report on Monday, October 13th. Sanford C. Bernstein reissued an “outperform” rating on shares of Micron Technology in a report on Thursday, December 18th. Needham & Company LLC raised their price target on shares of Micron Technology from $200.00 to $300.00 and gave the company a “buy” rating in a research note on Tuesday, December 16th. Finally, Cantor Fitzgerald lifted their price target on shares of Micron Technology from $300.00 to $350.00 and gave the company an “overweight” rating in a report on Thursday, December 18th. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $282.61.

Get Our Latest Analysis on Micron Technology

More Micron Technology News

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

Positive Sentiment: Q1 beat + HBM visibility: Management said high‑bandwidth memory (HBM) is effectively sold out through 2026 and the company posted heavy revenue/EPS beats, giving multi‑quarter revenue visibility and a step‑change in margin expectations. Micron Technology Stock (MU) Opinions on AI-Driven Revenue Forecast
Positive Sentiment: All‑time high narratives: Multiple outlets note MU hit new all‑time highs after the earnings/guidance reset market expectations, which attracts momentum flows and retail/institutional re‑weighting. Micron Stock (MU) Hits New All-Time High — Can the Steller Run Continue in 2026
Positive Sentiment: Analyst upgrades & lofty targets: Banks and research firms have raised ratings and targets (reported targets range widely, including some very aggressive $300–$500 calls), supporting buying and window‑dressing into quarter‑end. Micron (MU) in Focus as Analysts Highlight Multi-Year AI Data-Center Expansion
Positive Sentiment: AI/data‑center tailwind: Coverage of AI infrastructure winners highlights memory and storage as key beneficiaries — a structural demand shift that favors Micron’s DRAM/HBM exposure. These 5 infrastructure stocks have more than tripled this year on the AI trade
Neutral Sentiment: Broader market lift: Year‑end strength in major indexes is amplifying gains in momentum names including MU; some price action may reflect flow rather than fundamental changes. Dow Jones Today: Major Stock Indexes Rise for 4th Straight Session
Neutral Sentiment: Dividend & liquidity notes: Company announced a small quarterly dividend (low yield) and heavy institutional ownership; these are incremental but not primary drivers of the rally.
Negative Sentiment: Insider selling: Multiple insider filings show significant executive/director stock sales in the past weeks — a potential signal for some investors and a source of short‑term supply. Steven Gomo Sells 5,000 Shares of Micron Technology (NASDAQ:MU) Stock
Negative Sentiment: Valuation & execution risk: Commentators warn the rally could overshoot fundamentals — high near‑term CapEx (new fabs), execution risk on ramping capacity, or an eventual easing in HBM pricing could trigger mean‑reversion. Micron: Rally Went Too Far, This Party Shouldn’t Last Forever

About Micron Technology

(Free Report)

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.