Mitsubishi UFJ Trust & Banking Corp Acquires 34,644 Shares of Micron Technology, Inc. $MU

Mitsubishi UFJ Trust & Banking Corp lifted its holdings in Micron Technology, Inc. (NASDAQ:MU) by 6.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 572,850 shares of the semiconductor manufacturer’s stock after purchasing an additional 34,644 shares during the period. Micron Technology comprises about 1.4% of Mitsubishi UFJ Trust & Banking Corp’s portfolio, making the stock its 9th largest holding. Mitsubishi UFJ Trust & Banking Corp owned 0.05% of Micron Technology worth $661,235,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of MU. Evernest Financial Advisors LLC acquired a new position in Micron Technology in the 2nd quarter worth about $359,000. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund grew its holdings in Micron Technology by 704.3% in the second quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund now owns 41,020 shares of the semiconductor manufacturer’s stock valued at $47,349,000 after purchasing an additional 35,920 shares during the period. SPX Gestao de Recursos Ltda grew its holdings in Micron Technology by 7,845.6% in the second quarter. SPX Gestao de Recursos Ltda now owns 17,083 shares of the semiconductor manufacturer’s stock valued at $19,719,000 after purchasing an additional 16,868 shares during the period. Cornerstone Select Advisors LLC increased its position in shares of Micron Technology by 8.7% in the second quarter. Cornerstone Select Advisors LLC now owns 14,227 shares of the semiconductor manufacturer’s stock valued at $16,422,000 after buying an additional 1,133 shares in the last quarter. Finally, Strata Wealth Advisors LLC increased its position in shares of Micron Technology by 18.7% in the second quarter. Strata Wealth Advisors LLC now owns 1,268 shares of the semiconductor manufacturer’s stock valued at $1,464,000 after buying an additional 200 shares in the last quarter. Institutional investors and hedge funds own 80.84% of the company’s stock.

Insiders Place Their Bets

In other news, CAO Scott R. Allen sold 879 shares of the firm’s stock in a transaction dated Thursday, July 23rd. The shares were sold at an average price of $1,000.00, for a total value of $879,000.00. Following the transaction, the chief accounting officer directly owned 34,958 shares of the company’s stock, valued at approximately $34,958,000. This trade represents a 2.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP April S. Arnzen sold 40,000 shares of the business’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $1,083.94, for a total transaction of $43,357,600.00. Following the transaction, the executive vice president owned 85,737 shares in the company, valued at $92,933,763.78. The trade was a 31.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 217,179 shares of company stock valued at $220,582,211. Corporate insiders own 0.24% of the company’s stock.

Micron Technology Stock Performance

Shares of NASDAQ:MU opened at $932.97 on Wednesday. The company has a debt-to-equity ratio of 0.05, a current ratio of 3.42 and a quick ratio of 2.98. Micron Technology, Inc. has a 1 year low of $114.25 and a 1 year high of $1,255.00. The firm has a market capitalization of $1.05 trillion, a PE ratio of 21.12 and a beta of 2.18. The business’s 50 day moving average price is $961.71 and its 200-day moving average price is $705.45.

Micron Technology (NASDAQ:MU) last posted its quarterly earnings data on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 EPS for the quarter, beating the consensus estimate of $21.39 by $3.72. The firm had revenue of $41.46 billion during the quarter, compared to the consensus estimate of $35.91 billion. Micron Technology had a return on equity of 71.13% and a net margin of 55.91%.The firm’s revenue was up 345.8% compared to the same quarter last year. During the same period in the prior year, the company earned $1.91 EPS. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. As a group, equities research analysts expect that Micron Technology, Inc. will post 72.93 earnings per share for the current fiscal year.

Micron Technology Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 21st. Stockholders of record on Monday, July 6th were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Monday, July 6th. Micron Technology’s dividend payout ratio is 1.36%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on MU. Needham & Company LLC increased their target price on Micron Technology from $1,550.00 to $1,650.00 and gave the company a “buy” rating in a research report on Thursday, June 25th. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Micron Technology from $1,500.00 to $1,550.00 and gave the stock a “buy” rating in a report on Thursday, June 25th. Royal Bank Of Canada upped their price objective on shares of Micron Technology from $1,200.00 to $1,500.00 and gave the stock an “outperform” rating in a research report on Thursday, June 25th. ThinkEquity reaffirmed a “buy” rating on shares of Micron Technology in a report on Monday, August 3rd. Finally, Susquehanna lifted their target price on shares of Micron Technology from $1,750.00 to $2,000.00 and gave the company a “positive” rating in a research report on Thursday, June 25th. Four research analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, Micron Technology presently has a consensus rating of “Buy” and an average price target of $1,258.84.

Micron Technology News Summary

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

• Positive Sentiment: Memory prices are expected to rise substantially this quarter, with some reports pointing to increases of as much as 50%. A shortage of DRAM and high-bandwidth memory (HBM), driven by AI data-center demand, supports Micron’s pricing power and margins. Why Micron Will Miss Out on a 50% Rise in Memory Prices
• Positive Sentiment: Analyst sentiment remains bullish. BMO initiated coverage with an “outperform” rating and a $1,300 target, while Mizuho retained “outperform” after reducing its target from $1,375 to $1,300. The target reductions temper enthusiasm slightly, but still imply substantial upside from the reference price. Finance giant sets aggressive Micron stock target after earnings
• Positive Sentiment: Commentary continues to support the long-term AI memory thesis. Micron’s recent quarterly results showed revenue of approximately $41.5 billion, up more than 345% year over year, while long-term supply agreements provide demand visibility amid constrained capacity. Micron Technology Stock Opinions on Q3 Earnings and AI Demand Strength
• Neutral Sentiment: Micron opened a 60,000-square-foot Boise training center and expanded its apprenticeship pipeline, supporting the workforce needed for its planned U.S. manufacturing expansion. The initiative is strategically positive but unlikely to materially affect near-term earnings. Micron Opens State-of-the-Art Training Center
• Negative Sentiment: Investors remain concerned that Micron’s long-term contracts could limit its ability to fully capture a potential memory-price surge. The stock has also experienced a large rally, increasing valuation and profit-taking risks. Micron’s Long-Term Contracts Cap Memory-Boom Upside
• Negative Sentiment: Competitive and sector risks remain: reports that Apple could source memory from Chinese suppliers, a potential IPO by Chinese rival YMTC and broad semiconductor weakness pressured MU recently. Micron insiders have also reported selling shares without purchases, a potential confidence signal that investors may monitor. Why Are Micron, SK Hynix and SanDisk Stocks Falling?

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.