Fifth Third Bancorp Sells 1,654 Shares of Micron Technology, Inc. $MU

Fifth Third Bancorp lowered its holdings in Micron Technology, Inc. (NASDAQ:MU) by 0.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 174,020 shares of the semiconductor manufacturer’s stock after selling 1,654 shares during the quarter. Fifth Third Bancorp’s holdings in Micron Technology were worth $29,117,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the business. REAP Financial Group LLC purchased a new stake in shares of Micron Technology during the 3rd quarter valued at about $25,000. First Command Advisory Services Inc. lifted its position in Micron Technology by 225.0% during the second quarter. First Command Advisory Services Inc. now owns 221 shares of the semiconductor manufacturer’s stock valued at $27,000 after purchasing an additional 153 shares during the period. Barnes Dennig Private Wealth Management LLC purchased a new stake in Micron Technology in the third quarter worth approximately $27,000. Howard Hughes Medical Institute bought a new stake in Micron Technology in the 2nd quarter worth approximately $30,000. Finally, AlphaQuest LLC grew its position in Micron Technology by 13,250.0% in the 2nd quarter. AlphaQuest LLC now owns 267 shares of the semiconductor manufacturer’s stock worth $33,000 after purchasing an additional 265 shares during the period. 80.84% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. Phillip Securities upgraded Micron Technology to a “strong-buy” rating in a research note on Monday, February 2nd. Citigroup increased their target price on Micron Technology from $330.00 to $385.00 and gave the company a “buy” rating in a report on Thursday, January 15th. Wall Street Zen upgraded Micron Technology from a “buy” rating to a “strong-buy” rating in a research note on Sunday, November 23rd. The Goldman Sachs Group increased their price target on shares of Micron Technology from $205.00 to $235.00 and gave the stock a “neutral” rating in a research report on Thursday, December 18th. Finally, Wells Fargo & Company lifted their price target on shares of Micron Technology from $335.00 to $410.00 and gave the stock an “overweight” rating in a research note on Thursday, January 15th. Six analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $353.21.

Micron Technology News Summary

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

• Positive Sentiment: Analyst/strategy piece argues Micron’s AI-driven demand and pricing power can push revenue toward ~$100B by FY2027, citing high margins and the company’s ability to shift supply to higher‑margin AI customers — supports earnings upside and higher valuation. Micron: Nothing Is Over
• Positive Sentiment: Major brokers raised price targets (Morgan Stanley, Deutsche Bank), signaling institutional confidence and potential catalyst for further buying if guidance/earnings confirm AI demand traction. Morgan Stanley, Deutsche Bank Raise Micron (MU) Price Targets
• Positive Sentiment: MarketBeat notes technical strength, institutional accumulation and resumed buybacks — these support momentum and reduce downside if cash flow and capacity ramps stay on track. Micron’s Run Isn’t Over—3 Signals Point to More Upside
• Positive Sentiment: Zacks highlights MU as a long-term growth stock based on style scores and secular memory demand, reinforcing a buy case for long-term investors focused on AI/data‑center cycles. Why Micron (MU) is a Top Growth Stock for the Long-Term
• Neutral Sentiment: Coverage pieces (Blockonomi, TipRanks) summarize the huge one‑year gain and supply shortage through 2028, but frame a valuation debate — useful context for traders weighing momentum vs. fundamentals. Micron (MU) Stock Soars on AI Memory Shortage But Valuation Debate Heats Up
• Neutral Sentiment: Investor commentary calls MU a “fork in the road” trade — momentum can continue, but investors should watch guidance, production ramp timelines and competition before adding exposure. ‘A Fork in the Road,’ Says Investor About Micron Stock
• Negative Sentiment: Headline pieces question whether MU’s 300%+ rally has outpaced fundamentals and warn that a stretched valuation or any production/guidance disappointment could trigger sharp pullbacks. Has Micron (MU) Run Too Far After AI Memory Hype And 315% One‑Year Surge?
• Positive Sentiment: Optimistic valuation forecast: The Motley Fool predicts a lofty upside scenario (e.g., $1,200 by end‑2026) based on Micron’s position as a large-scale U.S. memory producer and ongoing memory shortages — bullish but speculative, and likely to boost retail interest. Prediction: Micron’s Stock Could Reach $1,200 by the End of 2026

Insiders Place Their Bets

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

Micron Technology Trading Down 0.6%

Shares of Micron Technology stock opened at $411.66 on Tuesday. 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 debt-to-equity ratio of 0.19, a quick ratio of 1.78 and a current ratio of 2.46. The company has a market capitalization of $463.33 billion, a P/E ratio of 39.13 and a beta of 1.51. The company has a fifty day moving average of $338.27 and a 200 day moving average of $234.86.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings data on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 EPS for the quarter, beating the consensus estimate of $3.77 by $1.01. The business 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 business’s revenue was up 56.7% on a year-over-year basis. 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. On average, sell-side analysts anticipate that Micron Technology, Inc. will post 6.08 earnings per share for the current fiscal year.

Micron Technology Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Shareholders of record on Monday, December 29th were issued a dividend of $0.115 per share. This represents a $0.46 annualized dividend 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%.

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.