Micron Technology, Inc. $MU Shares Acquired by Mufg Securities Americas Inc.

Mufg Securities Americas Inc. increased its position in Micron Technology, Inc. (NASDAQ:MU) by 25.6% in the 2nd quarter, Holdings Channel.com reports. The firm owned 24,769 shares of the semiconductor manufacturer’s stock after buying an additional 5,047 shares during the quarter. Mufg Securities Americas Inc.’s holdings in Micron Technology were worth $3,053,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in Micron Technology by 1.9% in the 2nd quarter. Vanguard Group Inc. now owns 103,879,662 shares of the semiconductor manufacturer’s stock valued at $12,803,168,000 after buying an additional 1,973,294 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Micron Technology by 1.2% in the second quarter. Geode Capital Management LLC now owns 25,690,491 shares of the semiconductor manufacturer’s stock worth $3,152,974,000 after acquiring an additional 314,489 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in Micron Technology by 23.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 10,616,488 shares of the semiconductor manufacturer’s stock valued at $922,467,000 after purchasing an additional 2,038,641 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Micron Technology by 0.8% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 6,938,848 shares of the semiconductor manufacturer’s stock worth $602,917,000 after purchasing an additional 58,285 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in shares of Micron Technology by 26.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 6,800,052 shares of the semiconductor manufacturer’s stock valued at $590,807,000 after buying an additional 1,416,174 shares during the last quarter. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on MU. KeyCorp lifted their price target on shares of Micron Technology from $160.00 to $215.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 24th. Barclays boosted their target price on shares of Micron Technology from $195.00 to $240.00 and gave the stock an “overweight” rating in a research report on Monday, October 20th. TD Cowen increased their price target on shares of Micron Technology from $200.00 to $275.00 and gave the stock a “buy” rating in a research report on Wednesday. Piper Sandler lifted their price target on Micron Technology from $165.00 to $200.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 24th. Finally, CLSA assumed coverage on Micron Technology in a report on Wednesday, August 27th. They issued an “outperform” rating and a $155.00 price objective for the company. Five investment analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $215.64.

Micron Technology Price Performance

Shares of NASDAQ:MU opened at $207.37 on Friday. The company has a market cap of $233.11 billion, a PE ratio of 27.32, a P/E/G ratio of 0.51 and a beta of 1.62. Micron Technology, Inc. has a fifty-two week low of $61.54 and a fifty-two week high of $260.58. The firm has a 50-day simple moving average of $201.36 and a 200 day simple moving average of $144.25. The company has a quick ratio of 1.79, a current ratio of 2.52 and a debt-to-equity ratio of 0.26.

Micron Technology (NASDAQ:MU) last issued its earnings results on Tuesday, September 23rd. The semiconductor manufacturer reported $3.03 EPS for the quarter, beating analysts’ consensus estimates of $2.86 by $0.17. The company had revenue of $11.32 billion during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.18 earnings per share. Micron Technology has set its Q1 2026 guidance at 3.600-3.900 EPS. On average, sell-side analysts anticipate that Micron Technology, Inc. will post 6.08 EPS for the current year.

Micron Technology Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 21st. Shareholders of record on Friday, October 3rd were given a $0.115 dividend. The ex-dividend date of this dividend was Friday, October 3rd. This represents a $0.46 annualized dividend and a yield of 0.2%. Micron Technology’s dividend payout ratio (DPR) is currently 6.06%.

Insider Buying and Selling

In other news, CFO Mark J. Murphy sold 126,000 shares of the business’s stock in a transaction on Thursday, October 30th. The shares were sold at an average price of $225.31, for a total transaction of $28,389,060.00. Following the completion of the transaction, the chief financial officer owned 219,693 shares of the company’s stock, valued at approximately $49,499,029.83. The trade was a 36.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Sanjay Mehrotra sold 3,743 shares of the company’s stock in a transaction dated Friday, November 7th. The stock was sold at an average price of $233.39, for a total transaction of $873,578.77. Following the transaction, the chief executive officer owned 396,578 shares of the company’s stock, valued at $92,557,339.42. This represents a 0.93% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 409,756 shares of company stock valued at $85,308,033. 0.30% of the stock is owned by corporate insiders.

Micron Technology Company 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.