China Universal Asset Management Co. Ltd. Boosts Stock Position in Micron Technology, Inc. $MU

China Universal Asset Management Co. Ltd. increased its position in Micron Technology, Inc. (NASDAQ:MU) by 55.8% in the 3rd quarter, HoldingsChannel reports. The fund owned 39,544 shares of the semiconductor manufacturer’s stock after buying an additional 14,170 shares during the quarter. China Universal Asset Management Co. Ltd.’s holdings in Micron Technology were worth $6,617,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also added to or reduced their stakes in the company. Kovack Advisors Inc. raised its position in shares of Micron Technology by 19.4% during the 3rd quarter. Kovack Advisors Inc. now owns 5,915 shares of the semiconductor manufacturer’s stock valued at $990,000 after purchasing an additional 959 shares during the period. Berkeley Capital Partners LLC increased its stake in Micron Technology by 2.6% in the 3rd quarter. Berkeley Capital Partners LLC now owns 3,449 shares of the semiconductor manufacturer’s stock worth $577,000 after buying an additional 87 shares in the last quarter. Northern Financial Advisors Inc raised its holdings in Micron Technology by 25.1% during the third quarter. Northern Financial Advisors Inc now owns 4,714 shares of the semiconductor manufacturer’s stock valued at $789,000 after acquiring an additional 945 shares during the period. Jupiter Asset Management Ltd. bought a new position in shares of Micron Technology in the third quarter worth about $14,274,000. Finally, Y.D. More Investments Ltd grew its position in shares of Micron Technology by 86.1% during the third quarter. Y.D. More Investments Ltd now owns 19,527 shares of the semiconductor manufacturer’s stock worth $3,266,000 after purchasing an additional 9,032 shares in the last quarter. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Wall Street Analyst Weigh In

MU has been the subject of a number of research analyst reports. Bank of America increased their price objective on shares of Micron Technology from $300.00 to $400.00 and gave the company a “buy” rating in a report on Tuesday, January 13th. Stifel Nicolaus boosted their price target on shares of Micron Technology from $300.00 to $360.00 and gave the stock a “buy” rating in a research note on Tuesday, January 20th. Deutsche Bank Aktiengesellschaft lifted their target price on Micron Technology from $200.00 to $280.00 and gave the stock a “buy” rating in a report on Tuesday, December 9th. HSBC increased their price target on Micron Technology from $350.00 to $500.00 and gave the company a “buy” rating in a research note on Friday, January 23rd. Finally, KeyCorp upped their price target on shares of Micron Technology from $325.00 to $450.00 and gave the company an “overweight” rating in a research note on Tuesday, January 13th. Six investment analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $358.38.

Micron Technology Stock Performance

Shares of NASDAQ:MU opened at $417.35 on Friday. The company has a current ratio of 2.46, a quick ratio of 1.78 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. The company has a market capitalization of $469.73 billion, a price-to-earnings ratio of 39.67 and a beta of 1.52. The firm’s 50-day moving average is $347.54 and its 200 day moving average is $239.47.

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

Insider Buying and Selling

In other news, EVP April S. Arnzen sold 15,000 shares of the firm’s stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $277.09, for a total transaction of $4,156,350.00. Following the transaction, the executive vice president directly owned 165,618 shares of the company’s stock, valued at approximately $45,891,091.62. This trade represents a 8.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Manish H. Bhatia sold 26,623 shares of the business’s stock in a transaction that occurred on Thursday, January 22nd. The shares were sold at an average price of $391.04, for a total value of $10,410,657.92. Following the completion of the sale, the executive vice president owned 323,486 shares of the company’s stock, valued at $126,495,965.44. The trade was a 7.60% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have bought 23,200 shares of company stock worth $7,821,723 and have sold 73,623 shares worth $27,307,408. 0.24% of the stock is currently owned by corporate insiders.

Key Stories Impacting Micron Technology

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

• Positive Sentiment: Analyst lift — Needham raised its price target to $450, reinforcing bullish analyst sentiment that supports higher share valuations on Micron’s stronger-than-expected results and guidance. Needham Raises MU Target
• Positive Sentiment: AI-driven demand & product wins — Coverage highlights surging AI data-center demand, tight high-bandwidth memory (HBM) supply and early mass production of new NAND SSDs (9650), supporting revenue and margin upside. These factors are key drivers for MU’s recent earnings beat and guidance lift. Micron SSDs Gamechangers
• Positive Sentiment: Institutional/whale interest — Reports show bullish 13F activity (e.g., David Tepper adding to MU) and large additions from some asset managers, which can underpin further price support as funds position for AI hardware exposure. Tepper Goes Big on MU
• Neutral Sentiment: Positive write-ups but cyclical risk noted — Multiple retail/broker pieces and bullish “could-make-you-a-millionaire” style takes highlight upside potential, yet also remind readers MU is cyclical; these stories attract retail flows but don’t change fundamentals. Fool: Could $10k in MU Make You a Millionaire?
• Neutral Sentiment: Valuation check — Coverage examines strong share gains and re-rating expectations; valuation is high versus historical norms, leaving the stock sensitive to execution and macro shifts. MU Valuation Check
• Negative Sentiment: Insider and institutional selling — Public summaries show heavy insider sales and large institutional trimming by some firms (e.g., UBS cut a very large stake), which can sap near-term momentum and fuel profit-taking. QuiverQuant MU Discussion
• Negative Sentiment: “Melt-up” and downside scenario warnings — Some analysts and commentators warn the rally looks late-cycle and highlight scenarios where MU could correct substantially (articles debating $280 downside), increasing volatility risk. Melt-Up Warning
• Negative Sentiment: Short-term underperformance signal — MarketWatch notes MU underperformed peers on a recent session, suggesting profit-taking or rotation pressures can push shares lower even amid good headlines. MW: MU Underperforms

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.