Apella Capital LLC Buys New Position in Micron Technology, Inc. $MU

Apella Capital LLC purchased a new position in shares of Micron Technology, Inc. (NASDAQ:MU) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 1,783 shares of the semiconductor manufacturer’s stock, valued at approximately $298,000.

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

Insider Buying and Selling at Micron Technology

In related news, EVP April S. Arnzen sold 15,000 shares of the stock in a transaction dated Monday, December 22nd. The shares were sold at an average price of $277.09, for a total transaction of $4,156,350.00. Following the sale, the executive vice president owned 165,618 shares in the company, valued at $45,891,091.62. This represents a 8.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Sanjay Mehrotra sold 22,500 shares of Micron Technology stock in a transaction that occurred 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 owned 446,578 shares of the company’s stock, valued at approximately $98,568,696.16. The trade was a 4.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 369,300 shares of company stock valued at $81,513,868. Corporate insiders own 0.24% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on MU. Citigroup upped their price objective on shares of Micron Technology from $300.00 to $330.00 and gave the company a “buy” rating in a research report on Thursday, December 18th. Wedbush set a $320.00 price target on Micron Technology in a research note on Thursday, December 18th. JPMorgan Chase & Co. raised their price objective on Micron Technology from $220.00 to $350.00 and gave the company an “overweight” rating in a research note on Thursday, December 18th. Piper Sandler lifted their price objective on Micron Technology from $200.00 to $275.00 and gave the stock an “overweight” rating in a report on Thursday, December 18th. Finally, Wolfe Research increased their target price on Micron Technology from $300.00 to $350.00 and gave the company an “outperform” rating in a research note on Thursday, December 18th. Five investment 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’s stock. According to data from MarketBeat, Micron Technology currently has an average rating of “Buy” and an average target price of $282.61.

Micron Technology Trading Up 3.4%

Shares of NASDAQ MU opened at $294.37 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 stock’s 50 day moving average price is $238.81 and its two-hundred day moving average price is $172.74. Micron Technology, Inc. has a 52-week low of $61.54 and a 52-week high of $294.50. The stock has a market capitalization of $331.32 billion, a P/E ratio of 27.98, a PEG ratio of 0.18 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, topping 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% on a year-over-year basis. During the same quarter last year, the firm earned $1.79 EPS. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. On average, analysts anticipate that Micron Technology, Inc. will post 6.08 earnings per share for the current fiscal year.

Micron Technology Announces Dividend

The firm 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. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Monday, December 29th. Micron Technology’s dividend payout ratio is 4.37%.

Trending Headlines about Micron Technology

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

• Positive Sentiment: Company-level catalyst — reports of a “Christmas rush” and strong earnings helped lift sentiment, reinforcing Micron’s recent upside and positioning it as a primary beneficiary of AI memory demand. Read More.
• Positive Sentiment: AI/memory structural tailwind — multiple writeups highlight Micron as a key play in an HBM/memory “supercycle” driven by AI data centers, supporting multi‑quarter revenue and margin improvements. Read More.
• Positive Sentiment: Analyst/sector momentum — MarketBeat and other screens name Micron among top AI/memory beneficiaries for January and 2026, noting upgrades, higher price targets and outperformance versus consensus. Read More.
• Positive Sentiment: Broad-market catalyst — commentary expects Q4/Q1 earnings season to be a bullish catalyst for tech and AI leaders (including MU), which can amplify flows into semiconductors and related ETFs. Read More.
• Positive Sentiment: ETF/sector positioning — analysis of the NVIDIA–Groq deal and ETF dynamics highlights that memory suppliers like Micron benefit from increased HBM demand, making MU a secondary winner in diversified semiconductor ETFs. Read More.
• Neutral Sentiment: Broader semiconductor outlook — industry analyst lists (Zacks) include MU among names well‑poised for a comeback in 2026, supporting investor rotation into the group but not guaranteeing stock‑specific moves. Read More.
• Negative Sentiment: Overbought/mean‑reversion trade — options/technical commentators have flagged MU as far above its 200‑day MA and propose bear put spreads aiming for large returns if a pullback occurs, signaling elevated short‑term risk and profit‑taking potential. Read More.
• Negative Sentiment: Similar bearish idea repeated on Barchart — another writeup outlines a bear put spread for traders expecting a correction from overbought levels, underscoring active speculative positioning that can amplify volatility. Read More.
• Neutral Sentiment: Media tone — high‑profile commentators have called for a more exuberant CEO tone (Cramer), a publicity/PR nuance that can affect sentiment but is less direct than earnings or demand data. Read More.

About Micron Technology

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.