Czech National Bank Boosts Holdings in Micron Technology, Inc. $MU

Czech National Bank raised its position in Micron Technology, Inc. (NASDAQ:MU) by 4.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 296,122 shares of the semiconductor manufacturer’s stock after purchasing an additional 11,887 shares during the period. Micron Technology accounts for 0.5% of Czech National Bank’s investment portfolio, making the stock its 28th biggest position. Czech National Bank’s holdings in Micron Technology were worth $84,516,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the company. REAP Financial Group LLC purchased a new stake in shares of Micron Technology in the third quarter worth $25,000. Barnes Dennig Private Wealth Management LLC purchased a new position in Micron Technology during the third quarter worth about $27,000. Elevation Wealth Partners LLC increased its stake in Micron Technology by 295.8% in 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 position in Micron Technology in the 2nd quarter worth about $30,000. Finally, Cullen Frost Bankers Inc. raised its holdings in shares of Micron Technology by 79.3% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 199 shares of the semiconductor manufacturer’s stock valued at $33,000 after acquiring an additional 88 shares in the last quarter. 80.84% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Micron Technology

In other news, CAO Scott R. Allen sold 2,000 shares of the company’s stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $337.50, for a total value of $675,000.00. Following the completion of the sale, the chief accounting officer owned 38,237 shares of the company’s stock, valued at approximately $12,904,987.50. This represents a 4.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Manish H. Bhatia sold 26,623 shares of the stock in a transaction on Thursday, January 22nd. The shares were sold at an average price of $391.04, for a total transaction of $10,410,657.92. Following the transaction, the executive vice president directly owned 323,486 shares in the company, valued at approximately $126,495,965.44. This represents a 7.60% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have bought 23,200 shares of company stock valued at $7,821,723 and have sold 53,623 shares valued at $21,832,908. 0.24% of the stock is currently owned by insiders.

Micron Technology Stock Performance

Shares of NASDAQ MU opened at $382.09 on Thursday. The stock’s 50-day moving average is $405.94 and its 200 day moving average is $289.84. The stock has a market cap of $430.89 billion, a price-to-earnings ratio of 18.04 and a beta of 1.50. Micron Technology, Inc. has a 1-year low of $61.54 and a 1-year high of $471.34. The company has a current ratio of 2.90, a quick ratio of 2.32 and a debt-to-equity ratio of 0.13.

Micron Technology Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Monday, March 30th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.2%. This is a boost from Micron Technology’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend is Monday, March 30th. Micron Technology’s payout ratio is 2.17%.

Micron Technology News Summary

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

• Positive Sentiment: Blowout Q2 results — Micron reported massive revenue and profit upside (revenue surged ~196% year‑over‑year; earnings jumped sharply and gross margins expanded), underscoring strong AI/HBM demand that is driving near-term pricing power. Read More.
• Positive Sentiment: Dividend increase — Management raised the dividend by ~30%, which supports income-oriented investors and signals confidence in cash flow generation. Read More.
• Positive Sentiment: Analyst optimism — Several firms have boosted price targets and ratings after the quarter (e.g., Raymond James raised its target to $530), reflecting continued bullishness on Micron’s AI exposure. Read More.
• Neutral Sentiment: Tender offers for senior notes — Micron launched cash tender offers to buy multiple series of senior notes (offer window ends March 31), a balance‑sheet management move that could be viewed as neutral-to-positive but coincided with market reaction. Read More.
• Negative Sentiment: Sell‑off despite results — Multiple outlets note a sharp intra‑week pullback (double-digit intraday moves reported) as investors took profits and questioned sustainability despite record numbers. Heavy volatility and profit‑taking amplified downside. Read More.
• Negative Sentiment: Capex and supply concerns — Investors are worried about Micron’s aggressive capex guidance (management signaled a large multi‑year buildout) and competitor moves (SK Hynix’s big equipment spending), which raise questions about capital efficiency and future supply/demand dynamics. Read More.
• Negative Sentiment: Broader tech/sector rotation pressures — Commentators tied Micron’s pullback to wider tech weakness and capital‑intensive names (including reactions to large capex plans at other big tech firms like Alphabet), adding to short‑term selling pressure. Read More.

Analyst Ratings Changes

A number of brokerages have recently issued reports on MU. TD Cowen lifted their price target on Micron Technology from $450.00 to $500.00 and gave the company a “buy” rating in a research report on Monday, March 16th. William Blair started coverage on shares of Micron Technology in a research note on Thursday, January 22nd. They issued an “outperform” rating on the stock. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Micron Technology from $500.00 to $550.00 and gave the company a “buy” rating in a research report on Thursday, March 19th. Phillip Securities raised shares of Micron Technology to a “strong-buy” rating in a research note on Monday, February 2nd. Finally, Needham & Company LLC increased their price target on shares of Micron Technology from $450.00 to $500.00 and gave the stock a “buy” rating in a report on Thursday, March 19th. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, Micron Technology currently has an average rating of “Buy” and an average price target of $466.75.

About Micron Technology

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.