China Universal Asset Management Co. Ltd. Acquires 14,170 Shares of Micron Technology, Inc. $MU

China Universal Asset Management Co. Ltd. raised its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 55.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 39,544 shares of the semiconductor manufacturer’s stock after purchasing an additional 14,170 shares during the quarter. China Universal Asset Management Co. Ltd.’s holdings in Micron Technology were worth $6,617,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. raised its position in Micron Technology by 0.7% during the third quarter. Vanguard Group Inc. now owns 104,653,450 shares of the semiconductor manufacturer’s stock valued at $17,510,615,000 after purchasing an additional 773,788 shares in the last quarter. State Street Corp raised its holdings in shares of Micron Technology by 2.7% during the 2nd quarter. State Street Corp now owns 51,373,591 shares of the semiconductor manufacturer’s stock valued at $6,331,795,000 after buying an additional 1,349,713 shares in the last quarter. Geode Capital Management LLC lifted its position in Micron Technology by 1.2% in the 2nd quarter. Geode Capital Management LLC now owns 25,690,491 shares of the semiconductor manufacturer’s stock worth $3,152,974,000 after buying an additional 314,489 shares during the last quarter. Norges Bank purchased a new stake in Micron Technology in the second quarter worth approximately $1,980,700,000. Finally, Invesco Ltd. grew its position in Micron Technology by 3.2% during the second quarter. Invesco Ltd. now owns 8,913,450 shares of the semiconductor manufacturer’s stock valued at $1,098,583,000 after acquiring an additional 277,507 shares during the last quarter. Institutional investors own 80.84% of the company’s stock.

Micron Technology Price Performance

Shares of NASDAQ MU opened at $417.35 on Friday. The company has a 50 day simple moving average of $347.54 and a two-hundred day simple moving average of $239.47. Micron Technology, Inc. has a fifty-two week low of $61.54 and a fifty-two week high of $455.50. The company has a market capitalization of $469.73 billion, a price-to-earnings ratio of 39.67 and a beta of 1.52. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.78 and a current ratio of 2.46.

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

Micron Technology Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Monday, December 29th were issued a $0.115 dividend. 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 payout ratio is presently 4.37%.

Analyst Ratings Changes

MU has been the subject of several recent research reports. Wolfe Research boosted their price target on shares of Micron Technology from $300.00 to $350.00 and gave the stock an “outperform” rating in a research note on Thursday, December 18th. Stifel Nicolaus increased their target price on Micron Technology from $300.00 to $360.00 and gave the company a “buy” rating in a report on Tuesday, January 20th. The Goldman Sachs Group lifted their price target on Micron Technology from $205.00 to $235.00 and gave the stock a “neutral” rating in a research note on Thursday, December 18th. Royal Bank Of Canada started coverage on shares of Micron Technology in a report on Thursday, January 15th. They issued an “outperform” rating and a $425.00 target price on the stock. Finally, Piper Sandler upped their price target on shares of Micron Technology from $275.00 to $400.00 and gave the company an “overweight” rating in a report on Wednesday, January 7th. Six 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 stock. According to MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $358.38.

Insiders Place Their Bets

In other Micron Technology news, EVP Manish H. Bhatia sold 26,623 shares of Micron Technology stock in a transaction on Thursday, January 22nd. The stock was sold at an average price of $391.04, for a total value of $10,410,657.92. Following the completion of the sale, the executive vice president owned 323,486 shares of the company’s stock, valued at approximately $126,495,965.44. This trade represents a 7.60% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Sumit Sadana sold 25,000 shares of the company’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $429.89, for a total value of $10,747,250.00. Following the transaction, the executive vice president directly owned 248,021 shares in the company, valued at approximately $106,621,747.69. The trade was a 9.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders purchased 23,200 shares of company stock worth $7,821,723 and sold 73,623 shares worth $27,307,408. Insiders own 0.24% of the company’s stock.

More Micron Technology News

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

• Positive Sentiment: Analyst lift — Needham raised its price target to $450, reinforcing bullish analyst sentiment that supports higher share valuations on Micron’s stronger-than-expected results and guidance. Needham Raises MU Target
• Positive Sentiment: AI-driven demand & product wins — Coverage highlights surging AI data-center demand, tight high-bandwidth memory (HBM) supply and early mass production of new NAND SSDs (9650), supporting revenue and margin upside. These factors are key drivers for MU’s recent earnings beat and guidance lift. Micron SSDs Gamechangers
• Positive Sentiment: Institutional/whale interest — Reports show bullish 13F activity (e.g., David Tepper adding to MU) and large additions from some asset managers, which can underpin further price support as funds position for AI hardware exposure. Tepper Goes Big on MU
• Neutral Sentiment: Positive write-ups but cyclical risk noted — Multiple retail/broker pieces and bullish “could-make-you-a-millionaire” style takes highlight upside potential, yet also remind readers MU is cyclical; these stories attract retail flows but don’t change fundamentals. Fool: Could $10k in MU Make You a Millionaire?
• Neutral Sentiment: Valuation check — Coverage examines strong share gains and re-rating expectations; valuation is high versus historical norms, leaving the stock sensitive to execution and macro shifts. MU Valuation Check
• Negative Sentiment: Insider and institutional selling — Public summaries show heavy insider sales and large institutional trimming by some firms (e.g., UBS cut a very large stake), which can sap near-term momentum and fuel profit-taking. QuiverQuant MU Discussion
• Negative Sentiment: “Melt-up” and downside scenario warnings — Some analysts and commentators warn the rally looks late-cycle and highlight scenarios where MU could correct substantially (articles debating $280 downside), increasing volatility risk. Melt-Up Warning
• Negative Sentiment: Short-term underperformance signal — MarketWatch notes MU underperformed peers on a recent session, suggesting profit-taking or rotation pressures can push shares lower even amid good headlines. MW: MU Underperforms

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.