Boston Common Asset Management LLC Decreases Stock Position in Micron Technology, Inc. $MU

Boston Common Asset Management LLC trimmed its holdings in Micron Technology, Inc. (NASDAQ:MU) by 11.6% during the fourth quarter, Holdings Channel.com reports. The fund owned 36,644 shares of the semiconductor manufacturer’s stock after selling 4,791 shares during the period. Boston Common Asset Management LLC’s holdings in Micron Technology were worth $10,459,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its holdings in shares of Micron Technology by 0.7% in the third quarter. Vanguard Group Inc. now owns 104,653,450 shares of the semiconductor manufacturer’s stock valued at $17,510,615,000 after purchasing an additional 773,788 shares in the last quarter. State Street Corp grew its position in shares of Micron Technology by 0.6% in the third quarter. State Street Corp now owns 51,659,173 shares of the semiconductor manufacturer’s stock valued at $8,643,613,000 after purchasing an additional 285,582 shares during the last quarter. Capital International Investors increased its stake in shares of Micron Technology by 0.7% during the 3rd quarter. Capital International Investors now owns 23,372,821 shares of the semiconductor manufacturer’s stock worth $3,910,198,000 after purchasing an additional 155,860 shares in the last quarter. Invesco Ltd. raised its position in shares of Micron Technology by 8.0% during the 3rd quarter. Invesco Ltd. now owns 9,622,166 shares of the semiconductor manufacturer’s stock worth $1,609,981,000 after purchasing an additional 708,716 shares during the last quarter. Finally, Legal & General Group Plc raised its position in shares of Micron Technology by 1.9% during the 3rd quarter. Legal & General Group Plc now owns 7,275,842 shares of the semiconductor manufacturer’s stock worth $1,217,394,000 after purchasing an additional 135,850 shares during the last quarter. 80.84% of the stock is currently owned by hedge funds and other institutional investors.

Micron Technology Trading Down 9.9%

Shares of Micron Technology stock opened at $321.80 on Tuesday. Micron Technology, Inc. has a fifty-two week low of $61.54 and a fifty-two week high of $471.34. The business’s fifty day moving average is $405.38 and its two-hundred day moving average is $295.24. The company has a quick ratio of 2.32, a current ratio of 2.90 and a debt-to-equity ratio of 0.13. The firm has a market cap of $362.90 billion, a PE ratio of 15.19 and a beta of 1.50.

Micron Technology Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Monday, March 30th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.2%. This is a boost from Micron Technology’s previous quarterly dividend of $0.12. The ex-dividend date is Monday, March 30th. Micron Technology’s dividend payout ratio (DPR) is currently 2.17%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on MU. UBS Group upped their target price on Micron Technology from $475.00 to $510.00 and gave the company a “buy” rating in a research note on Thursday, March 19th. Deutsche Bank Aktiengesellschaft boosted their price target on Micron Technology from $500.00 to $550.00 and gave the stock a “buy” rating in a report on Thursday, March 19th. TD Cowen increased their price objective on Micron Technology from $450.00 to $500.00 and gave the company a “buy” rating in a research note on Monday, March 16th. William Blair initiated coverage on Micron Technology in a research report on Thursday, January 22nd. They set an “outperform” rating for the company. Finally, Cantor Fitzgerald boosted their target price on shares of Micron Technology from $450.00 to $700.00 and gave the company an “overweight” rating in a research note on Thursday, March 19th. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $466.75.

Insiders Place Their Bets

In other Micron Technology news, Director Teyin M. Liu purchased 11,600 shares of the firm’s stock in a transaction 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 purchase, the director owned 14,310 shares in the company, valued at approximately $4,823,471.70. This represents a 428.04% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Manish H. Bhatia sold 26,623 shares of Micron Technology stock in a transaction dated 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. This trade represents a 7.60% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have bought 23,200 shares of company stock valued at $7,821,723 and have sold 53,623 shares valued at $21,832,908. 0.24% of the stock is owned by company insiders.

Key Micron Technology News

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

• Positive Sentiment: Micron’s HBM4 going into mass production for Nvidia’s next‑gen AI platform is a material product win that strengthens Micron’s positioning in the high‑end AI memory market. Article Title
• Positive Sentiment: Management is ramping capex to meet strong memory demand and AI infrastructure needs, which supports multi‑year revenue visibility and benefits equipment suppliers — a bullish signal for long‑term growth despite near‑term share volatility. Article Title
• Positive Sentiment: Several bullish analyst and investor pieces argue the pullback is a buying opportunity given Micron’s strong margins, supply tightness, and large Wall Street upside to consensus targets. Article Title
• Neutral Sentiment: Micron is reportedly exploring adding assembly/testing capacity via a Japan Display plant — an expansion that could help output but also raises questions about execution and near‑term capital intensity. Article Title
• Neutral Sentiment: High‑profile endorsements and media attention (including political commentary) are keeping the story in headlines—volatile for trading flows but not a fundamentals driver. Article Title
• Negative Sentiment: Google’s TurboQuant memory‑compression announcement prompted broad concern that memory demand per AI workload could fall — the primary, immediate driver of today’s selling pressure. Article Title
• Negative Sentiment: The stock is extending a post‑earnings sell‑off that began after Micron’s March 18 report as investors digest elevated CAPEX guidance and the potential for memory price normalization despite strong results. Article Title
• Negative Sentiment: Broader semiconductor sector weakness and risk‑off headlines (geopolitical/oil) have amplified selling in high‑beta chip names, pressuring MU alongside peers. Article Title

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.