Carnegie Investment Counsel Purchases 7,581 Shares of Micron Technology, Inc. $MU

Carnegie Investment Counsel raised its holdings in shares of Micron Technology, Inc. (NASDAQ:MU) by 286.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,227 shares of the semiconductor manufacturer’s stock after purchasing an additional 7,581 shares during the quarter. Carnegie Investment Counsel’s holdings in Micron Technology were worth $1,711,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently modified their holdings of the business. First Command Advisory Services Inc. lifted its stake in shares of Micron Technology by 225.0% during the 2nd quarter. First Command Advisory Services Inc. now owns 221 shares of the semiconductor manufacturer’s stock valued at $27,000 after buying an additional 153 shares in the last quarter. Howard Hughes Medical Institute bought a new stake in Micron Technology during the 2nd quarter valued at $30,000. AlphaQuest LLC lifted its position in shares of Micron Technology by 13,250.0% during the second quarter. AlphaQuest LLC now owns 267 shares of the semiconductor manufacturer’s stock worth $33,000 after acquiring an additional 265 shares in the last quarter. WealthCollab LLC boosted its holdings in shares of Micron Technology by 4,500.0% in the second quarter. WealthCollab LLC now owns 276 shares of the semiconductor manufacturer’s stock worth $34,000 after acquiring an additional 270 shares during the period. Finally, Hilltop National Bank purchased a new position in shares of Micron Technology in the second quarter valued at $37,000. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Insider Activity

In other news, EVP April S. Arnzen sold 15,000 shares of the business’s stock in a transaction dated Tuesday, September 30th. The stock was sold at an average price of $164.04, for a total value of $2,460,600.00. Following the transaction, the executive vice president directly owned 131,580 shares in the company, valued at $21,584,383.20. The trade was a 10.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Scott J. Deboer sold 82,000 shares of the company’s stock in a transaction dated Monday, October 27th. The stock was sold at an average price of $222.81, for a total value of $18,270,420.00. Following the completion of the transaction, the executive vice president directly owned 154,145 shares of the company’s stock, valued at approximately $34,345,047.45. This trade represents a 34.72% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 384,300 shares of company stock worth $83,974,468 in the last quarter. Corporate insiders own 0.24% of the company’s stock.

Micron Technology Stock Performance

Shares of MU opened at $284.79 on Monday. The business has a 50-day simple moving average of $237.05 and a two-hundred day simple moving average of $171.48. The company has a quick ratio of 1.78, a current ratio of 2.46 and a debt-to-equity ratio of 0.19. Micron Technology, Inc. has a 52 week low of $61.54 and a 52 week high of $290.87. The stock has a market cap of $320.53 billion, a price-to-earnings ratio of 27.07, a PEG ratio of 0.18 and a beta of 1.54.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings data on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.77 by $1.01. Micron Technology had a return on equity of 22.71% and a net margin of 28.15%.The company had revenue of $13.64 billion during the quarter, compared to the consensus estimate of $12.62 billion. During the same period in the previous year, the company posted $1.79 EPS. The firm’s revenue was up 56.7% on a year-over-year basis. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. On average, analysts expect that Micron Technology, Inc. will post 6.08 EPS for the current year.

Micron Technology Announces Dividend

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 given a dividend of $0.115 per share. 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%.

Analysts Set New Price Targets

A number of analysts recently issued reports on MU shares. Wall Street Zen raised Micron Technology from a “buy” rating to a “strong-buy” rating in a report on Sunday, November 23rd. Mizuho upped their price target on Micron Technology from $270.00 to $290.00 and gave the company an “outperform” rating in a research report on Thursday, December 18th. HSBC assumed coverage on shares of Micron Technology in a research report on Tuesday, December 9th. They issued a “buy” rating and a $330.00 price objective for the company. Rosenblatt Securities reaffirmed a “buy” rating and set a $300.00 target price on shares of Micron Technology in a report on Monday, December 15th. Finally, Itau BBA Securities reiterated an “outperform” rating on shares of Micron Technology in a research note on Thursday, December 18th. Five analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $282.61.

Micron Technology News Roundup

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

• Positive Sentiment: Q1 FY2026 results and guidance surprised to the upside (revenue, EPS, record free cash flow) and management signaled continued AI / HBM demand and accelerating momentum — this is the core bullish engine behind recent price strength and analyst upgrades. Read More.
• Positive Sentiment: Shares extended a record‑high streak (multiday highs) as traders bought the earnings narrative and AI memory tailwinds; that momentum lifted MU into many “top stock” and “start strong” lists for 2026. Read More.
• Positive Sentiment: Brokerage and media pieces highlighting Micron as a key beneficiary of the AI/memory supercycle (and as a hardware pick ahead of a gadget/AI boom) are supporting buying interest and raised price targets. Read More.
• Neutral Sentiment: Industry roundup articles list MU among undervalued/strong hardware names to watch for 2026; useful for longer‑term positioning but less likely to move intraday volume materially. Read More.
• Neutral Sentiment: Similar thematic pieces group MU with other hardware/AI winners for 2026; these reinforce narrative exposure to AI memory demand but are broader market commentary rather than company‑specific catalysts. Read More.
• Neutral Sentiment: Consumer pieces on monetizing MU shares (covered income strategies) reflect retail interest and higher retail participation after the run, but these are tactical/derivative stories rather than fundamental drivers. Read More.
• Negative Sentiment: A company director recently sold about $1.32M of MU stock — a potential trigger for short‑term profit taking and an item some investors watch as a cautionary signal (though size is modest vs. market cap). Read More.

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.