336,884 Shares in Micron Technology, Inc. $MU Acquired by Cardano Risk Management B.V.

Cardano Risk Management B.V. acquired a new stake in Micron Technology, Inc. (NASDAQ:MU) during the first quarter, Holdings Channel reports. The fund acquired 336,884 shares of the semiconductor manufacturer’s stock, valued at approximately $113,812,000. Micron Technology accounts for approximately 1.1% of Cardano Risk Management B.V.’s investment portfolio, making the stock its 26th largest position.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Capital Advisors Ltd. LLC raised its position in shares of Micron Technology by 10.3% in the first quarter. Capital Advisors Ltd. LLC now owns 247 shares of the semiconductor manufacturer’s stock valued at $83,000 after buying an additional 23 shares during the last quarter. Manning & Napier Advisors LLC lifted its stake 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 worth $301,000 after buying an additional 24 shares in the last quarter. Essex Bank boosted its position in Micron Technology by 2.0% during the first quarter. Essex Bank now owns 1,252 shares of the semiconductor manufacturer’s stock worth $423,000 after acquiring an additional 24 shares during the last quarter. SWAN Capital LLC boosted its position in Micron Technology by 9.7% during the fourth quarter. SWAN Capital LLC now owns 271 shares of the semiconductor manufacturer’s stock worth $77,000 after acquiring an additional 24 shares during the last quarter. Finally, Vivaldi Capital Management LP grew its stake in Micron Technology by 1.2% during the 4th quarter. Vivaldi Capital Management LP now owns 1,964 shares of the semiconductor manufacturer’s stock valued at $561,000 after acquiring an additional 24 shares in the last quarter. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Insiders Place Their Bets

In other Micron Technology news, EVP Sumit Sadana sold 24,000 shares of Micron Technology stock in a transaction on Friday, April 10th. The stock was sold at an average price of $421.35, for a total value of $10,112,400.00. Following the sale, the executive vice president owned 224,021 shares in the company, valued at $94,391,248.35. The trade was a 9.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Steven J. Gomo sold 2,000 shares of the company’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $787.03, for a total value of $1,574,060.00. Following the completion of the transaction, the director directly owned 17,139 shares in the company, valued at approximately $13,488,907.17. This trade represents a 10.45% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 146,000 shares of company stock worth $85,486,715 in the last three months. 0.24% of the stock is owned by insiders.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Erste Group Bank lowered shares of Micron Technology from a “buy” rating to a “hold” rating in a research note on Thursday, April 2nd. Royal Bank Of Canada set a $1,500.00 price target on Micron Technology in a research report on Thursday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Micron Technology in a report on Tuesday, May 12th. Wells Fargo & Company increased their price target on Micron Technology from $550.00 to $1,220.00 and gave the company an “overweight” rating in a report on Monday, June 8th. Finally, Morgan Stanley reiterated an “overweight” rating and set a $1,200.00 price objective on shares of Micron Technology in a research report on Thursday. Five research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $1,036.47.

Micron Technology News Roundup

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

• Positive Sentiment: Micron reported fiscal Q3 revenue of $41.46 billion and non-GAAP EPS of $25.11, both far above Wall Street estimates, showing that AI-related memory demand is still accelerating. Article Title
• Positive Sentiment: The company issued stronger-than-expected Q4 guidance, with revenue and EPS forecasts well above consensus, signaling that the growth trajectory may continue into the next quarter. Article Title
• Positive Sentiment: Several reports highlighted Micron’s record margins and “blowout” results, with bullish commentary saying the AI trade is still alive and that pricing power is improving as memory shortages persist. Article Title
• Positive Sentiment: Analysts responded with higher price targets and upgrades, reinforcing confidence that Micron’s AI-driven earnings power may justify a richer valuation. Article Title
• Neutral Sentiment: The stock had been volatile ahead of earnings because of a broader tech sell-off and concerns that AI spending was getting overheated, so expectations were very high going into the report. Article Title
• Neutral Sentiment: Micron’s elevated capital spending plans and some analyst warnings suggest investors may still watch closely for signs that the memory boom cools or margins normalize later on. Article Title

Micron Technology Stock Performance

NASDAQ:MU opened at $1,037.93 on Thursday. The company’s 50-day moving average is $788.74 and its two-hundred day moving average is $513.50. Micron Technology, Inc. has a 1-year low of $103.38 and a 1-year high of $1,213.56. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.90 and a quick ratio of 2.32. The firm has a market capitalization of $1.17 trillion, a price-to-earnings ratio of 49.01 and a beta of 2.16.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $20.98 by $4.13. The business had revenue of $41.46 billion during the quarter, compared to the consensus estimate of $35.91 billion. Micron Technology had a net margin of 41.49% and a return on equity of 41.16%. The business’s revenue was up 345.8% compared to the same quarter last year. During the same quarter last year, the firm earned $1.91 EPS. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. Analysts forecast that Micron Technology, Inc. will post 60.34 EPS for the current year.

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.