Micron Technology, Inc. $MU Stake Boosted by Generali Powszechne Towarzystwo Emerytalne

Generali Powszechne Towarzystwo Emerytalne raised its holdings in shares of Micron Technology, Inc. (NASDAQ:MU) by 39.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 195,000 shares of the semiconductor manufacturer’s stock after purchasing an additional 55,000 shares during the quarter. Micron Technology accounts for about 5.0% of Generali Powszechne Towarzystwo Emerytalne’s portfolio, making the stock its 9th largest position. Generali Powszechne Towarzystwo Emerytalne’s holdings in Micron Technology were worth $24,034,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Hilltop National Bank purchased a new stake in shares of Micron Technology during the second quarter valued at about $37,000. Dogwood Wealth Management LLC boosted its position in Micron Technology by 259.6% in the 2nd quarter. Dogwood Wealth Management LLC now owns 356 shares of the semiconductor manufacturer’s stock worth $44,000 after purchasing an additional 257 shares in the last quarter. AllSquare Wealth Management LLC lifted its position in shares of Micron Technology by 100.0% during the 1st quarter. AllSquare Wealth Management LLC now owns 400 shares of the semiconductor manufacturer’s stock valued at $35,000 after buying an additional 200 shares in the last quarter. MJT & Associates Financial Advisory Group Inc. purchased a new position in Micron Technology in the 1st quarter valued at $36,000. Finally, Saudi Central Bank acquired a new stake in shares of Micron Technology in the first quarter valued at about $38,000. 80.84% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Micron Technology news, Director Richard M. Beyer sold 5,552 shares of the company’s stock in a transaction on Thursday, September 25th. The stock was sold at an average price of $155.68, for a total transaction of $864,335.36. Following the completion of the sale, the director directly owned 96,031 shares in the company, valued at $14,950,106.08. This represents a 5.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Scott R. Allen sold 8,800 shares of the stock in a transaction on Monday, October 20th. The shares were sold at an average price of $210.02, for a total value of $1,848,176.00. Following the completion of the sale, the chief accounting officer owned 40,237 shares of the company’s stock, valued at $8,450,574.74. The trade was a 17.95% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 121,756 shares of company stock valued at $20,972,321. Insiders own 0.30% of the company’s stock.

Micron Technology Trading Down 2.2%

Shares of Micron Technology stock opened at $202.29 on Wednesday. Micron Technology, Inc. has a fifty-two week low of $61.54 and a fifty-two week high of $214.75. The firm has a market cap of $227.06 billion, a price-to-earnings ratio of 26.65, a price-to-earnings-growth ratio of 0.46 and a beta of 1.56. The company has a quick ratio of 1.79, a current ratio of 2.52 and a debt-to-equity ratio of 0.26. The business has a fifty day simple moving average of $154.35 and a 200-day simple moving average of $119.58.

Micron Technology (NASDAQ:MU) last posted its quarterly earnings results on Tuesday, September 23rd. The semiconductor manufacturer reported $2.86 earnings per share for the quarter, meeting the consensus estimate of $2.86. The firm had revenue of $11.32 billion for the quarter, compared to analyst estimates of $11.05 billion. Micron Technology had a return on equity of 17.21% and a net margin of 22.84%.Micron Technology’s quarterly revenue was up 46.1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.18 earnings per share. Micron Technology has set its Q1 2026 guidance at 3.600-3.900 EPS. On average, equities analysts forecast that Micron Technology, Inc. will post 6.08 EPS for the current fiscal year.

Micron Technology Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 21st. Investors of record on Friday, October 3rd were paid a dividend of $0.115 per share. The ex-dividend date of this dividend was Friday, October 3rd. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.2%. Micron Technology’s payout ratio is 6.06%.

Analysts Set New Price Targets

Several equities analysts have weighed in on MU shares. Summit Insights raised Micron Technology to a “strong-buy” rating in a research report on Tuesday, September 23rd. UBS Group upped their price target on Micron Technology from $225.00 to $245.00 and gave the stock a “buy” rating in a research note on Thursday, October 16th. The Goldman Sachs Group upped their target price on Micron Technology from $145.00 to $180.00 and gave the company a “neutral” rating in a report on Thursday, October 9th. Zacks Research raised Micron Technology from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 19th. Finally, Deutsche Bank Aktiengesellschaft raised their price target on Micron Technology from $175.00 to $200.00 and gave the stock a “buy” rating in a research note on Wednesday, September 24th. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, Micron Technology presently has a consensus rating of “Buy” and an average price target of $200.64.

Micron Technology Profile

Micron Technology, Inc designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels.