Avanza Fonder AB lessened its holdings in shares of Micron Technology, Inc. (NASDAQ:MU – Free Report) by 1.7% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 86,739 shares of the semiconductor manufacturer’s stock after selling 1,495 shares during the period. Micron Technology accounts for 0.6% of Avanza Fonder AB’s portfolio, making the stock its 25th largest position. Avanza Fonder AB’s holdings in Micron Technology were worth $24,756,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently made changes to their positions in the business. REAP Financial Group LLC acquired a new position in shares of Micron Technology during the third quarter worth about $25,000. Barnes Dennig Private Wealth Management LLC acquired a new position in Micron Technology during the 3rd quarter worth approximately $27,000. Elevation Wealth Partners LLC boosted its position in Micron Technology by 295.8% during the 4th quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer’s stock worth $27,000 after acquiring an additional 71 shares during the last quarter. Howard Hughes Medical Institute bought a new stake in shares of Micron Technology in the second quarter worth $30,000. Finally, Cullen Frost Bankers Inc. lifted its position in shares of Micron Technology by 79.3% in the third quarter. Cullen Frost Bankers Inc. now owns 199 shares of the semiconductor manufacturer’s stock worth $33,000 after purchasing an additional 88 shares in the last quarter. Institutional investors own 80.84% of the company’s stock.
Trending Headlines about Micron Technology
Here are the key news stories impacting Micron Technology this week:
- Positive Sentiment: Blowout Q2 results and bullish guidance — Micron reported record revenue ($23.86B) and a huge EPS beat, and management issued very strong forward guidance that highlights AI/HBM demand and tight supply as drivers of continued margin expansion. Micron: Buy The Latest Blowout
- Positive Sentiment: Dividend hike tied to surging free cash flow — Coverage highlights a meaningful dividend increase (article cites a large raise) reflecting FCF strength, which strengthens the shareholder‑return story and supports valuation upside. Micron Technology Hikes Its Dividend 30% Due to Surging FCF
- Positive Sentiment: Analysts raising targets and reiterating buys — Multiple firms have lifted price targets and maintained buy ratings after the quarter, pushing model forecasts materially higher and supporting longer‑term upside. Micron Technology: Buy Rating Backed by Surging Profitability
- Neutral Sentiment: AI/data‑center runway remains the dominant macro theme — broader market pieces and sector analysis point to sustained AI infrastructure spending, which benefits Micron but also tightens expectations for future quarters. What to Expect From the Q1 Earnings Season: AI Strength
- Neutral Sentiment: Positive growth narratives and buy‑the‑dip sentiment are lifting interest in MU, but these are market‑wide themes rather than company‑specific catalysts. Here is Why Growth Investors Should Buy Micron (MU) Now
- Negative Sentiment: “Sell‑the‑news” and profit‑taking after the beat — despite the blowout numbers, the stock has seen a sharp intraday pullback as traders lock in gains after a massive multi‑quarter run; high expectations pushed valuations and opened the door for a correction. Micron Drops 4% Despite Strong Earnings: Is This a Buying Opportunity?
- Negative Sentiment: Analyst caution and bearish commentary — a subset of analysts and commentators are pointing to warning signs (sustainability of pricing, cyclicality, execution risks) that could cap the rally if supply or end‑market demand shifts. The Troubling Signs Coming Into Focus For Micron Investors
- Negative Sentiment: Elevated insider sales flagged by data aggregators — recent filings show significant insider selling activity, which some investors interpret as a near‑term negative signal despite firm fundamentals. Micron Technology Stock (MU) Opinions on Q2 Earnings Report
Micron Technology Stock Down 4.4%
Micron Technology (NASDAQ:MU – Get Free Report) last issued its quarterly earnings results on Wednesday, March 18th. The semiconductor manufacturer reported $12.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $8.50 by $3.70. The business had revenue of $23.86 billion for the quarter, compared to the consensus estimate of $18.90 billion. Micron Technology had a return on equity of 41.16% and a net margin of 41.49%.The firm’s quarterly revenue was up 196.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.56 earnings per share. Equities research analysts forecast that Micron Technology, Inc. will post 6.08 EPS for the current year.
Micron Technology Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Monday, March 30th will be given a $0.15 dividend. The ex-dividend date is Monday, March 30th. This is an increase from Micron Technology’s previous quarterly dividend of $0.12. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. Micron Technology’s dividend payout ratio (DPR) is 2.17%.
Insider Buying and Selling
In other Micron Technology news, CAO Scott R. Allen sold 2,000 shares of the stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $337.50, for a total transaction of $675,000.00. Following the sale, the chief accounting officer directly owned 38,237 shares in the company, valued at $12,904,987.50. This represents a 4.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Teyin M. Liu bought 11,600 shares of the company’s stock in a transaction dated Tuesday, January 13th. The stock was purchased at an average price of $337.07 per share, with a total value of $3,910,012.00. Following the completion of the transaction, the director directly owned 14,310 shares in the company, valued at approximately $4,823,471.70. This represents a 428.04% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders acquired 23,200 shares of company stock worth $7,821,723 and sold 53,623 shares worth $21,832,908. 0.24% of the stock is owned by corporate insiders.
Wall Street Analyst Weigh In
A number of analysts recently issued reports on MU shares. William Blair initiated coverage on Micron Technology in a research report on Thursday, January 22nd. They issued an “outperform” rating on the stock. Citigroup raised their price target on Micron Technology from $430.00 to $510.00 and gave the company a “buy” rating in a research note on Thursday, March 19th. Sanford C. Bernstein increased their price objective on Micron Technology from $330.00 to $510.00 and gave the company an “outperform” rating in a report on Wednesday, March 18th. Raymond James Financial raised their target price on shares of Micron Technology from $190.00 to $310.00 and gave the company an “outperform” rating in a research note on Thursday, December 18th. Finally, Wedbush boosted their target price on shares of Micron Technology from $320.00 to $500.00 and gave the stock an “outperform” rating in a report on Friday, March 13th. Five research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $453.55.
Get Our Latest Stock Analysis on MU
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.
See Also
Receive News & Ratings for Micron Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Micron Technology and related companies with MarketBeat.com's FREE daily email newsletter.
