Birchcreek Wealth Management LLC Makes New Investment in Micron Technology, Inc. $MU

Birchcreek Wealth Management LLC purchased a new stake in Micron Technology, Inc. (NASDAQ:MU) during the third quarter, according to its most recent 13F filing with the SEC. The firm purchased 1,580 shares of the semiconductor manufacturer’s stock, valued at approximately $264,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Norges Bank acquired a new stake in Micron Technology in the second quarter valued at approximately $1,980,700,000. Slate Path Capital LP purchased a new stake in shares of Micron Technology during the 2nd quarter valued at $317,751,000. Vanguard Group Inc. lifted its holdings in shares of Micron Technology by 1.9% during the 2nd quarter. Vanguard Group Inc. now owns 103,879,662 shares of the semiconductor manufacturer’s stock valued at $12,803,168,000 after purchasing an additional 1,973,294 shares during the last quarter. State Street Corp boosted its position in shares of Micron Technology by 2.7% in the 2nd 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 in the last quarter. Finally, Orbis Allan Gray Ltd grew its stake in Micron Technology by 50.2% during the 2nd quarter. Orbis Allan Gray Ltd now owns 3,457,726 shares of the semiconductor manufacturer’s stock worth $426,165,000 after buying an additional 1,156,086 shares during the last quarter. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Micron Technology Price Performance

Shares of NASDAQ:MU opened at $333.35 on Thursday. Micron Technology, Inc. has a 12 month low of $61.54 and a 12 month high of $351.23. The firm has a market capitalization of $375.19 billion, a P/E ratio of 31.69, a P/E/G ratio of 0.21 and a beta of 1.50. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.46 and a quick ratio of 1.78. The company’s fifty day moving average price is $263.43 and its 200 day moving average price is $189.11.

Micron Technology (NASDAQ:MU) last issued 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 return on equity of 22.71% and a net margin of 28.15%.The company had revenue of $13.64 billion for the quarter, compared to analyst estimates of $12.62 billion. During the same quarter last year, the company posted $1.79 earnings per share. The business’s quarterly 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. As a group, sell-side analysts predict that Micron Technology, Inc. will post 6.08 earnings per share for the current fiscal year.

Micron Technology Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Monday, December 29th were paid a dividend of $0.115 per share. This represents a $0.46 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Monday, December 29th. Micron Technology’s dividend payout ratio (DPR) is currently 4.37%.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Sanford C. Bernstein increased their price target on Micron Technology from $270.00 to $330.00 and gave the company an “outperform” rating in a research note on Friday, January 2nd. HSBC initiated coverage on shares of Micron Technology in a report on Tuesday, December 9th. They set a “buy” rating and a $330.00 price objective on the stock. Cantor Fitzgerald lifted their target price on shares of Micron Technology from $350.00 to $450.00 and gave the stock an “overweight” rating in a research note on Wednesday. Stifel Nicolaus boosted their target price on shares of Micron Technology from $195.00 to $300.00 and gave the stock a “buy” rating in a research report on Friday, December 12th. Finally, Wells Fargo & Company upped their price target on shares of Micron Technology from $300.00 to $335.00 and gave the company 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 issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $305.79.

Micron Technology News Roundup

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

• Positive Sentiment: Micron is accelerating HBM capacity (Singapore packaging, Boise, Japan, Clay NY megafab longer term) and is essentially sold out through 2026 — tight HBM supply and pricing power underpin upside to 2026–27 revenue and margins. Micron: Accelerating HBM Ramp Extends Growth Into 2027
• Positive Sentiment: Multiple brokerages have lifted price targets and ratings (Cantor Fitzgerald, KeyCorp, BofA among others), supporting sentiment that MU can still climb toward $400–$450 targets. Analyst price target raises (Benzinga)
• Positive Sentiment: MU is showing up on top growth/strong‑buy lists (Zacks Rank #1 and Zacks growth picks), reinforcing momentum flows from retail and quant strategies. Best Growth Stocks to Buy for Jan. 14
• Neutral Sentiment: Feature pieces highlight MU as a momentum/strong‑fundamentals stock — useful context for longer‑term bulls but less likely to trigger immediate price moves. Micron: A Momentum Stock With Strong Fundamentals
• Neutral Sentiment: Analysts are actively re‑running valuation models and updating forecasts — consensus targets have risen sharply, but longer‑term estimates still vary, leaving room for revisions. Micron Technology (MU) Analysts Adjust Valuation Forecasts
• Negative Sentiment: Calls for profit‑taking and trimming after a rapid rerating are circulating; some investors/analysts warn the stock is vulnerable to short‑term pullbacks as positions are rotated. Why I’m Taking Profits After A Rapid Rerating (Rating Downgrade)
• Negative Sentiment: Industry risks: analysts flag potential oversupply, margin peaks, and Samsung/SK Hynix technology/capex moves that could pressure prices if capacity growth accelerates. Micron: Three Significant Risks That Could Be Crucial In The Long Term
• Negative Sentiment: SK Hynix announced a large new memory‑chip plant, which raises competitive and future supply concerns for the HBM market. SK Hynix Plans $13 Billion Memory‑Chip Plant

Insider Activity at Micron Technology

In other Micron Technology news, CFO Mark J. Murphy sold 126,000 shares of the business’s 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 completion of the sale, the chief financial officer owned 219,693 shares in the company, valued at approximately $49,499,029.83. The trade was a 36.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP April S. Arnzen sold 15,000 shares of the stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $277.09, for a total value of $4,156,350.00. Following the completion of the sale, the executive vice president directly owned 165,618 shares of the company’s stock, valued at $45,891,091.62. The trade was a 8.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 318,800 shares of company stock valued at $72,333,387 over the last 90 days. 0.24% of the stock is owned by insiders.

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.