Micron Technology, Inc. $MU Shares Bought by Exchange Traded Concepts LLC

Exchange Traded Concepts LLC lifted its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 13.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,804 shares of the semiconductor manufacturer’s stock after acquiring an additional 2,409 shares during the period. Exchange Traded Concepts LLC’s holdings in Micron Technology were worth $5,938,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. AQR Capital Management LLC grew its stake in shares of Micron Technology by 411.9% during the 3rd quarter. AQR Capital Management LLC now owns 3,627,022 shares of the semiconductor manufacturer’s stock valued at $606,873,000 after buying an additional 2,918,535 shares during the period. Slate Path Capital LP purchased a new position in shares of Micron Technology in the 2nd quarter worth $317,751,000. State Street Corp raised its position in shares of Micron Technology by 2.7% in the 2nd quarter. State Street Corp now owns 51,373,591 shares of the semiconductor manufacturer’s stock worth $6,331,795,000 after buying an additional 1,349,713 shares during the period. California Public Employees Retirement System boosted its holdings in Micron Technology by 70.2% in the third quarter. California Public Employees Retirement System now owns 3,023,799 shares of the semiconductor manufacturer’s stock valued at $505,942,000 after acquiring an additional 1,246,773 shares during the last quarter. Finally, Voloridge Investment Management LLC boosted its holdings in Micron Technology by 1,064.3% in the third quarter. Voloridge Investment Management LLC now owns 1,304,471 shares of the semiconductor manufacturer’s stock valued at $218,264,000 after acquiring an additional 1,192,433 shares during the last quarter. 80.84% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Teyin M. Liu purchased 11,600 shares of the firm’s stock in a transaction on Tuesday, January 13th. The stock was purchased at an average price of $337.07 per share, for a total transaction of $3,910,012.00. Following the acquisition, the director directly owned 14,310 shares in the company, valued at $4,823,471.70. The trade was a 428.04% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Scott R. Allen sold 2,000 shares of the stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $337.50, for a total transaction of $675,000.00. Following the completion of the sale, the chief accounting officer directly owned 38,237 shares of the company’s stock, valued at $12,904,987.50. This trade represents a 4.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders bought 23,200 shares of company stock valued at $7,821,723 and sold 53,623 shares valued at $21,832,908. Corporate insiders own 0.24% of the company’s stock.

Micron Technology Trading Down 9.9%

Shares of MU opened at $321.80 on Tuesday. Micron Technology, Inc. has a 12 month low of $61.54 and a 12 month high of $471.34. The stock’s 50-day moving average is $405.38 and its two-hundred day moving average is $295.24. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.90 and a quick ratio of 2.32. The stock has a market cap of $362.90 billion, a PE ratio of 15.19 and a beta of 1.50.

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 dividend of $0.15 per share. 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. This represents a $0.60 annualized dividend and a yield of 0.2%. Micron Technology’s dividend payout ratio is presently 2.17%.

Wall Street Analysts Forecast Growth

MU has been the subject of several research analyst reports. Rosenblatt Securities restated a “buy” rating and set a $500.00 price target on shares of Micron Technology in a research note on Monday, March 16th. Morgan Stanley lifted their price objective on Micron Technology from $350.00 to $450.00 and gave the company an “overweight” rating in a research note on Wednesday, February 11th. JPMorgan Chase & Co. boosted their target price on Micron Technology from $350.00 to $550.00 and gave the stock an “overweight” rating in a report on Thursday, March 19th. Wolfe Research increased their target price on shares of Micron Technology from $300.00 to $350.00 and gave the stock an “outperform” rating in a research report on Thursday, December 18th. Finally, UBS Group raised their price target on shares of Micron Technology from $475.00 to $510.00 and gave the company 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 assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $466.75.

Key Micron Technology News

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

• Positive Sentiment: Micron’s HBM4 going into mass production for Nvidia’s next‑gen AI platform is a material product win that strengthens Micron’s positioning in the high‑end AI memory market. Article Title
• Positive Sentiment: Management is ramping capex to meet strong memory demand and AI infrastructure needs, which supports multi‑year revenue visibility and benefits equipment suppliers — a bullish signal for long‑term growth despite near‑term share volatility. Article Title
• Positive Sentiment: Several bullish analyst and investor pieces argue the pullback is a buying opportunity given Micron’s strong margins, supply tightness, and large Wall Street upside to consensus targets. Article Title
• Neutral Sentiment: Micron is reportedly exploring adding assembly/testing capacity via a Japan Display plant — an expansion that could help output but also raises questions about execution and near‑term capital intensity. Article Title
• Neutral Sentiment: High‑profile endorsements and media attention (including political commentary) are keeping the story in headlines—volatile for trading flows but not a fundamentals driver. Article Title
• Negative Sentiment: Google’s TurboQuant memory‑compression announcement prompted broad concern that memory demand per AI workload could fall — the primary, immediate driver of today’s selling pressure. Article Title
• Negative Sentiment: The stock is extending a post‑earnings sell‑off that began after Micron’s March 18 report as investors digest elevated CAPEX guidance and the potential for memory price normalization despite strong results. Article Title
• Negative Sentiment: Broader semiconductor sector weakness and risk‑off headlines (geopolitical/oil) have amplified selling in high‑beta chip names, pressuring MU alongside peers. Article Title

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.