Micron Technology, Inc. $MU Position Increased by Pittenger & Anderson Inc.

Pittenger & Anderson Inc. lifted its position in Micron Technology, Inc. (NASDAQ:MU) by 262.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,612 shares of the semiconductor manufacturer’s stock after acquiring an additional 6,237 shares during the period. Pittenger & Anderson Inc.’s holdings in Micron Technology were worth $1,441,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Impact Partnership Wealth LLC acquired a new stake in Micron Technology during the 3rd quarter valued at $1,789,000. Alpha Cubed Investments LLC acquired a new stake in shares of Micron Technology in the third quarter worth $230,000. SYM FINANCIAL Corp grew its holdings in shares of Micron Technology by 58.5% during the third quarter. SYM FINANCIAL Corp now owns 3,502 shares of the semiconductor manufacturer’s stock valued at $586,000 after buying an additional 1,293 shares in the last quarter. Summit Global Investments acquired a new position in Micron Technology during the third quarter valued at $2,202,000. Finally, Foundations Investment Advisors LLC raised its position in Micron Technology by 6.6% during the third quarter. Foundations Investment Advisors LLC now owns 8,820 shares of the semiconductor manufacturer’s stock valued at $1,476,000 after buying an additional 546 shares during the period. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Micron Technology Stock Performance

Shares of MU opened at $414.88 on Friday. The firm has a market cap of $466.95 billion, a price-to-earnings ratio of 39.44 and a beta of 1.50. The company’s fifty day moving average is $301.32 and its 200-day moving average is $211.10. The company has a quick ratio of 1.78, a current ratio of 2.46 and a debt-to-equity ratio of 0.19. Micron Technology, Inc. has a 12 month low of $61.54 and a 12 month high of $455.50.

Micron Technology (NASDAQ:MU) last issued its quarterly earnings data on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.77 by $1.01. Micron Technology had a net margin of 28.15% and a return on equity of 22.71%. The firm had revenue of $13.64 billion during the quarter, compared to analysts’ expectations of $12.62 billion. During the same period in the prior year, the company posted $1.79 earnings per share. Micron Technology’s revenue for the quarter was up 56.7% on a year-over-year basis. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. Equities analysts expect 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 Wednesday, January 14th. Stockholders of record on Monday, December 29th were issued a dividend of $0.115 per share. The ex-dividend date of this dividend was Monday, December 29th. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.1%. Micron Technology’s dividend payout ratio is currently 4.37%.

Insiders Place Their Bets

In other news, EVP April S. Arnzen sold 15,000 shares of the business’s stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $277.09, for a total value of $4,156,350.00. Following the completion of the sale, the executive vice president directly owned 165,618 shares in the company, valued at approximately $45,891,091.62. The trade was a 8.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Teyin M. Liu acquired 11,600 shares of the firm’s stock in a transaction that occurred on Tuesday, January 13th. The shares were purchased at an average cost of $337.07 per share, with a total value of $3,910,012.00. Following the completion of the acquisition, the director owned 14,310 shares in the company, valued at $4,823,471.70. This trade represents a 428.04% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders purchased 23,200 shares of company stock worth $7,821,723 and sold 61,123 shares worth $19,547,151. 0.24% of the stock is currently owned by insiders.

Key Stories Impacting Micron Technology

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

• Positive Sentiment: Company capacity buildouts and bullish management commentary support a multi-year tightness in memory supply, reinforcing revenue and margin upside tied to AI/HBM demand. Micron’s CEO Has Just Dropped Game-Changing News
• Positive Sentiment: Micron broke ground on a major Singapore NAND fab (~$24B over 10 years) and has large capacity commitments (cited multi‑country investments), which underpins long-term supply discipline and market share expansion. Micron (MU) Expands Manufacturing Footprint as AI Drives Long-Term Memory Demand
• Positive Sentiment: Multiple analyst upgrades and bullish coverage (including Zacks rankings and recent upgrades that lifted targets) have driven buying interest and a stretched short-term rerate. Micron Technology (NASDAQ:MU) Trading 6.1% Higher Following Analyst Upgrade
• Positive Sentiment: Industry leader Samsung signaling a “golden era” for memory chips supports an optimistic demand/pricing backdrop for Micron’s DRAM/HBM businesses. Micron Stock Pops. Samsung Signals ‘Golden Era’ for Memory Chips.
• Neutral Sentiment: Roundup of Wall Street analyst target prices and coverage — useful for context but represents a mix of views rather than a single directional catalyst. What Are Wall Street Analysts’ Target Price for Micron Technology Stock?
• Negative Sentiment: Insider selling: a top operations executive sold shares ahead of the stock’s all-time high, which can trigger investor concern despite routine lockup/compensation explanations. Micron Stock Keeps Climbing—And a Top Executive May Have Sold Too Soon
• Negative Sentiment: Unusual put-option activity after MU’s rapid two‑month doubling suggests some traders are hedging or betting on a pullback, adding to intraday volatility and downside risk. Unusual Put Options Activity in Micron Technology After MU Stock Doubles in 2 Months
• Negative Sentiment: Commentary questioning whether the rally has peaked creates profit‑taking pressure even as management reiterates a bullish long-term view. Think Micron Technology’s Stock May Have Peaked? This Is Why Its CEO Remains Bullish.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on MU shares. Raymond James Financial raised their price objective on Micron Technology from $190.00 to $310.00 and gave the stock an “outperform” rating in a research report on Thursday, December 18th. Barclays increased their price target on shares of Micron Technology from $275.00 to $450.00 and gave the stock an “overweight” rating in a research report on Friday, January 16th. Mizuho boosted their price objective on shares of Micron Technology from $390.00 to $480.00 and gave the company an “outperform” rating in a research report on Tuesday. Stifel Nicolaus upped their price objective on shares of Micron Technology from $300.00 to $360.00 and gave the company a “buy” rating in a research note on Tuesday, January 20th. Finally, Morgan Stanley increased their target price on shares of Micron Technology from $338.00 to $350.00 and gave the stock an “overweight” rating in a research report on Thursday, December 18th. Five investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $349.76.

Micron Technology Company 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.