Barings LLC Invests $1.02 Million in Micron Technology, Inc. $MU

Barings LLC purchased a new position in Micron Technology, Inc. (NASDAQ:MU) during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 3,018 shares of the semiconductor manufacturer’s stock, valued at approximately $1,020,000.

Several other hedge funds have also recently bought and sold shares of the company. Capital Advisors Ltd. LLC boosted its position in Micron Technology by 10.3% during the first quarter. Capital Advisors Ltd. LLC now owns 247 shares of the semiconductor manufacturer’s stock worth $83,000 after purchasing an additional 23 shares in the last quarter. Manning & Napier Advisors LLC increased its position in shares of Micron Technology by 2.4% in the fourth quarter. Manning & Napier Advisors LLC now owns 1,030 shares of the semiconductor manufacturer’s stock valued at $301,000 after buying an additional 24 shares in the last quarter. Essex Bank increased its position in shares of Micron Technology by 2.0% in the first quarter. Essex Bank now owns 1,252 shares of the semiconductor manufacturer’s stock valued at $423,000 after buying an additional 24 shares in the last quarter. SWAN Capital LLC increased its position in shares of Micron Technology by 9.7% in the fourth quarter. SWAN Capital LLC now owns 271 shares of the semiconductor manufacturer’s stock valued at $77,000 after buying an additional 24 shares in the last quarter. Finally, Vivaldi Capital Management LP raised its stake in shares of Micron Technology by 1.2% during the 4th quarter. Vivaldi Capital Management LP now owns 1,964 shares of the semiconductor manufacturer’s stock worth $561,000 after buying an additional 24 shares during the last quarter. 80.84% of the stock is owned by hedge funds and other institutional investors.

More Micron Technology News

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

• Positive Sentiment: Micron’s AI memory demand remains strong, with analysts calling the company a key beneficiary of the AI infrastructure cycle and a proxy for continued AI spending.
• Positive Sentiment: The company signed long-term automotive supply agreements with Qualcomm, Harman and other major suppliers, improving visibility and expanding its memory business into AI-enabled vehicles. Reuters: Micron signs deals with Qualcomm, others for AI-powered automobile chip components
• Positive Sentiment: Recent earnings commentary says Micron delivered standout quarterly results, reinforcing the company’s momentum and supporting bullish analyst sentiment.
• Neutral Sentiment: Analysts remain divided on how much upside is left, with some arguing the stock is still attractive relative to a range of earnings scenarios while others warn the move has become volatile.
• Negative Sentiment: Micron is falling with the broader chip sector as investors worry about an AI trade pullback and locking in gains after a sharp run-up.
• Negative Sentiment: Rising concern over Chinese memory competition, especially CXMT’s planned large IPO, is pressuring sentiment around pricing and future market share.

Insider Activity at Micron Technology

In other news, EVP April S. Arnzen sold 40,000 shares of the business’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $1,083.94, for a total transaction of $43,357,600.00. Following the completion of the sale, the executive vice president directly owned 85,737 shares of the company’s stock, valued at $92,933,763.78. The trade was a 31.81% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Sanjay Mehrotra sold 40,000 shares of the company’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $536.26, for a total value of $21,450,400.00. Following the sale, the chief executive officer owned 424,503 shares of the company’s stock, valued at approximately $227,643,978.78. The trade was a 8.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 163,300 shares of company stock worth $152,667,204. 0.24% of the stock is currently owned by company insiders.

Micron Technology Stock Performance

Micron Technology stock opened at $853.20 on Friday. The stock has a fifty day moving average price of $947.41 and a 200 day moving average price of $598.20. Micron Technology, Inc. has a 52 week low of $103.38 and a 52 week high of $1,255.00. The firm has a market capitalization of $963.60 billion, a P/E ratio of 19.32 and a beta of 2.14. The company has a current ratio of 3.42, a quick ratio of 2.98 and a debt-to-equity ratio of 0.05.

Micron Technology (NASDAQ:MU) last posted its quarterly earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 EPS for the quarter, beating the consensus estimate of $21.39 by $3.72. Micron Technology had a return on equity of 71.13% and a net margin of 55.91%.The company had revenue of $41.46 billion during the quarter, compared to analysts’ expectations of $35.91 billion. During the same quarter in the previous year, the business earned $1.91 EPS. The firm’s revenue was up 345.8% on a year-over-year basis. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. Equities research analysts anticipate that Micron Technology, Inc. will post 72.99 earnings per share for the current year.

Micron Technology Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 21st. Investors of record on Monday, July 6th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Monday, July 6th. This represents a $0.60 annualized dividend and a yield of 0.1%. Micron Technology’s dividend payout ratio is 1.36%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on MU shares. DA Davidson boosted their price objective on shares of Micron Technology from $1,500.00 to $2,000.00 and gave the stock a “buy” rating in a research report on Thursday, June 25th. Morgan Stanley raised their target price on shares of Micron Technology from $1,050.00 to $1,200.00 and gave the company an “overweight” rating in a report on Thursday, June 25th. Barclays lifted their target price on shares of Micron Technology from $1,175.00 to $2,000.00 and gave the stock an “overweight” rating in a research report on Thursday, June 25th. Royal Bank Of Canada upped their price target on shares of Micron Technology from $1,200.00 to $1,500.00 and gave the company an “outperform” rating in a report on Thursday, June 25th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $1,500.00 price target on shares of Micron Technology in a research report on Thursday, June 25th. Five research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, Micron Technology has an average rating of “Buy” and a consensus target price of $1,268.93.

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.