Spreng Capital Management Inc. Makes New Investment in Micron Technology, Inc. $MU

Spreng Capital Management Inc. purchased a new stake in Micron Technology, Inc. (NASDAQ:MU) in the 3rd quarter, according to its most recent filing with the SEC. The fund purchased 2,890 shares of the semiconductor manufacturer’s stock, valued at approximately $484,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC increased its position in shares of Micron Technology by 18.3% in the fourth quarter. Brighton Jones LLC now owns 6,318 shares of the semiconductor manufacturer’s stock worth $532,000 after acquiring an additional 976 shares in the last quarter. Advisors Asset Management Inc. raised its position in Micron Technology by 151.7% in the first quarter. Advisors Asset Management Inc. now owns 31,599 shares of the semiconductor manufacturer’s stock valued at $2,746,000 after purchasing an additional 19,045 shares during the period. Gotham Asset Management LLC lifted its stake in shares of Micron Technology by 12.6% during the first quarter. Gotham Asset Management LLC now owns 133,558 shares of the semiconductor manufacturer’s stock worth $11,605,000 after purchasing an additional 14,955 shares in the last quarter. NewEdge Advisors LLC lifted its stake in shares of Micron Technology by 14.0% during the first quarter. NewEdge Advisors LLC now owns 83,010 shares of the semiconductor manufacturer’s stock worth $7,213,000 after purchasing an additional 10,164 shares in the last quarter. Finally, Plancorp LLC purchased a new stake in shares of Micron Technology in the first quarter worth about $211,000. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Micron Technology Trading Up 10.5%

Micron Technology stock opened at $315.42 on Monday. The company’s fifty day moving average price is $245.87 and its two-hundred day moving average price is $177.68. 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 one year low of $61.54 and a one year high of $315.60. The company has a market capitalization of $355.01 billion, a price-to-earnings ratio of 29.98, a PEG ratio of 0.20 and a beta of 1.50.

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

Micron Technology Dividend Announcement

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 given a dividend of $0.115 per share. The ex-dividend date is Monday, December 29th. This represents a $0.46 annualized dividend and a dividend yield of 0.1%. Micron Technology’s payout ratio is presently 4.37%.

Insider Buying and Selling

In other news, CEO Sanjay Mehrotra sold 22,500 shares of the stock in a transaction 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 completion of the sale, the chief executive officer owned 446,578 shares of the company’s stock, valued at $98,568,696.16. This represents a 4.80% 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 April S. Arnzen sold 15,000 shares of the company’s stock in a transaction dated Monday, December 22nd. The stock was sold at an average price of $277.09, for a total value of $4,156,350.00. Following the transaction, the executive vice president directly owned 165,618 shares of the company’s stock, valued at $45,891,091.62. This represents a 8.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 338,363 shares of company stock worth $75,722,366 over the last 90 days. 0.24% of the stock is currently owned by corporate insiders.

Key Stores Impacting Micron Technology

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

• Positive Sentiment: Wall Street / media narratives highlight a re-rating tied to AI demand and supply scarcity — analysts and journalists say Micron now has pricing power and margin expansion potential, which is a primary driver of the rally. Micron stock skyrockets nearly 10%: what’s driving AI memory re-rating
• Positive Sentiment: Analyst upgrade / price-target lift: Sanford C. Bernstein raised its price target to $330 with an outperform rating, reinforcing buy-side momentum and giving investors a higher nearby valuation anchor. Micron Technology (MU) PT Raised to $330 at Bernstein
• Positive Sentiment: Confirmed leadership in the memory supercycle: end‑of‑year wrapups and sector reports list Micron among the biggest 2025 winners (HBM shortages and hyperscaler demand), supporting continued momentum and analyst bullishness. The 3 Stocks That Crushed the S&P 500 in 2025
• Positive Sentiment: Large bullish flows / unusual market activity — data and reports point to rare “big money” inflows and notable options activity, which amplifies short-term upside as speculators and institutions add exposure. See How Micron Shares Rise on Rare Bullish Inflows Micron Technology Unusual Options Activity
• Neutral Sentiment: Market thematic tailwinds (January effect / AI rotation) are lifting multiple AI‑exposed names — Micron benefits from the theme, but gains may be linked to broader sector flows rather than idiosyncratic news alone. 3 AI Stocks Poised to Surge on the January Effect
• Neutral Sentiment: Media pieces and screeners are flagging MU as a thematic pick or “undervalued” AI play — helpful for flows but not a guarantee of sustained outperformance absent execution and macro support. Find the Next NVIDIA With This Semiconductor ETF (MU)
• Negative Sentiment: Some analysts and notes warn on timing and valuation risks — at least one downgrade/critical take argues the rally could be vulnerable to a reset if supply/demand dynamics or macro factors shift. That creates downside risk for traders buying at elevated levels. Micron – Timing Might Be Everything (Ratings Downgrade)
• Negative Sentiment: Short-term liquidity caveat: some holiday‑period reports noted thinner volumes and occasional holiday/slippage dynamics that can exaggerate moves and increase volatility. Micron (MU) Stock; Slips on Thin Holiday Volume as AI Memory Tailwinds Dominate Outlook

Wall Street Analyst Weigh In

MU has been the subject of a number of analyst reports. Summit Insights raised Micron Technology to a “strong-buy” rating in a report on Tuesday, September 23rd. BNP Paribas upgraded Micron Technology from a “strong sell” rating to a “strong-buy” rating in a report on Monday, October 13th. Cowen restated a “buy” rating on shares of Micron Technology in a research note on Thursday, December 11th. 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, Piper Sandler raised their price target on Micron Technology from $200.00 to $275.00 and gave the stock an “overweight” rating in a report on Thursday, December 18th. Five investment analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $284.24.

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.