Advisors Asset Management Inc. Purchases 5,263 Shares of Micron Technology, Inc. $MU

Advisors Asset Management Inc. boosted its position in shares of Micron Technology, Inc. (NASDAQ:MU) by 13.5% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 44,314 shares of the semiconductor manufacturer’s stock after buying an additional 5,263 shares during the quarter. Advisors Asset Management Inc.’s holdings in Micron Technology were worth $7,415,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in MU. Vanguard Group Inc. increased its holdings in 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 period. State Street Corp raised its holdings in shares of Micron Technology by 2.7% during the second quarter. State Street Corp now owns 51,373,591 shares of the semiconductor manufacturer’s stock valued at $6,331,795,000 after acquiring an additional 1,349,713 shares in the last quarter. Geode Capital Management LLC lifted its stake in Micron Technology by 1.2% in the second quarter. Geode Capital Management LLC now owns 25,690,491 shares of the semiconductor manufacturer’s stock worth $3,152,974,000 after acquiring an additional 314,489 shares during the period. Norges Bank bought a new stake in Micron Technology in the second quarter valued at $1,980,700,000. Finally, Invesco Ltd. increased its position in Micron Technology by 3.2% during the 2nd quarter. Invesco Ltd. now owns 8,913,450 shares of the semiconductor manufacturer’s stock valued at $1,098,583,000 after purchasing an additional 277,507 shares during the period. Institutional investors own 80.84% of the company’s stock.

Analyst Upgrades and Downgrades

MU has been the topic of a number of research reports. Itau BBA Securities reaffirmed an “outperform” rating on shares of Micron Technology in a research note on Thursday, December 18th. William Blair began coverage on Micron Technology in a research report on Thursday, January 22nd. They issued an “outperform” rating for the company. Royal Bank Of Canada began coverage on Micron Technology in a research report on Thursday, January 15th. They set an “outperform” rating and a $425.00 price objective for the company. Cantor Fitzgerald upped their target price on shares of Micron Technology from $350.00 to $450.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 14th. Finally, Susquehanna lifted their price target on shares of Micron Technology from $200.00 to $300.00 and gave the company a “positive” rating in a research report on Monday, December 8th. Six equities 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 company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $353.21.

Insider Buying and Selling

In related news, EVP Sumit Sadana sold 25,000 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the executive vice president owned 248,021 shares of the company’s stock, valued at $106,621,747.69. This trade represents a 9.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP April S. Arnzen sold 15,000 shares of the business’s stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $277.09, for a total transaction of $4,156,350.00. Following the completion of the transaction, the executive vice president owned 165,618 shares of the company’s stock, valued at $45,891,091.62. This trade represents a 8.30% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders acquired 23,200 shares of company stock valued at $7,821,723 and sold 73,623 shares valued at $27,307,408. 0.24% of the stock is owned by corporate insiders.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: TD Cowen bumped its bull-side target to $600, arguing DRAM market tightness could persist and support sustained pricing — a high-profile, upside-driving call that likely lifted investor sentiment. Micron Stock Gets a New Street-High $600 Target — TD Cowen Sees 55% Upside.
• Positive Sentiment: Morgan Stanley raised its price target to $450 and kept an “overweight” view, adding institutional validation to the rally and suggesting more analyst-driven buying. Benzinga: PT raised to $450
• Positive Sentiment: Micron’s CFO said HBM4 is in high‑volume production and has begun shipping to customers — concrete evidence that premium HBM demand (high-margin, AI-centric) is converting into revenue. Micron’s stock pops. Here’s what an executive just said to calm nervous investors.
• Neutral Sentiment: Analysts and media pieces highlight structural AI-driven memory demand and Micron’s execution vs. peers — supportive context for the rally but also increase market expectations. Can Micron (MU) Sustain Momentum? Analysts Point to Pricing Tailwinds
• Negative Sentiment: Several reminder pieces flag the memory sector’s cyclicality and valuation risks — analysts and commentators caution that strong near‑term results could reverse if supply/demand balances change. How High Can Micron Go In the Memory Supercycle?
• Negative Sentiment: Valuation critics note Micron still looks expensive on some metrics despite growth, creating vulnerability to profit‑taking or any demand softness. Micron: Valuation Is Still In The Dust

Micron Technology Stock Up 9.9%

Shares of NASDAQ:MU opened at $410.34 on Thursday. The company’s fifty day moving average is $327.74 and its 200-day moving average is $227.69. 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, Inc. has a 52 week low of $61.54 and a 52 week high of $455.50. The company has a market capitalization of $461.84 billion, a PE ratio of 39.01 and a beta of 1.52.

Micron Technology (NASDAQ:MU) last released its quarterly earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 EPS for the quarter, beating analysts’ consensus estimates of $3.77 by $1.01. The firm had revenue of $13.64 billion for the quarter, compared to analyst estimates of $12.62 billion. Micron Technology had a net margin of 28.15% and a return on equity of 22.71%. The company’s revenue for the quarter was up 56.7% compared to the same quarter last year. During the same period in the previous year, the business earned $1.79 earnings per share. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. Equities research analysts predict 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 was paid on Wednesday, January 14th. Stockholders of record on Monday, December 29th were issued a dividend of $0.115 per share. This represents a $0.46 annualized dividend and a dividend yield of 0.1%. The ex-dividend date was Monday, December 29th. Micron Technology’s dividend payout ratio is presently 4.37%.

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.