5,610 Shares in Micron Technology, Inc. $MU Bought by Campbell & CO Investment Adviser LLC

Campbell & CO Investment Adviser LLC bought a new stake in shares of Micron Technology, Inc. (NASDAQ:MU) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 5,610 shares of the semiconductor manufacturer’s stock, valued at approximately $691,000.

Other large investors also recently made changes to their positions in the company. Nuveen LLC acquired a new stake in Micron Technology in the 1st quarter worth approximately $369,191,000. Vanguard Group Inc. raised its position in shares of Micron Technology by 2.1% in the first quarter. Vanguard Group Inc. now owns 101,906,368 shares of the semiconductor manufacturer’s stock valued at $8,854,644,000 after purchasing an additional 2,049,163 shares during the period. Goldman Sachs Group Inc. lifted its stake in shares of Micron Technology by 23.8% in the first quarter. Goldman Sachs Group Inc. now owns 10,616,488 shares of the semiconductor manufacturer’s stock worth $922,467,000 after buying an additional 2,038,641 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Micron Technology by 26.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 6,800,052 shares of the semiconductor manufacturer’s stock worth $590,807,000 after buying an additional 1,416,174 shares during the period. Finally, Keystone Investors PTE Ltd. acquired a new position in Micron Technology in the 1st quarter valued at $96,253,000. Institutional investors own 80.84% of the company’s stock.

Micron Technology Stock Up 4.2%

Shares of MU stock opened at $246.83 on Friday. Micron Technology, Inc. has a one year low of $61.54 and a one year high of $257.07. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.52 and a quick ratio of 1.79. The stock has a fifty day moving average price of $193.55 and a 200 day moving average price of $139.30. The stock has a market cap of $277.06 billion, a P/E ratio of 32.52, a price-to-earnings-growth ratio of 0.51 and a beta of 1.62.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings data on Tuesday, September 23rd. The semiconductor manufacturer reported $3.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.86 by $0.17. The company had revenue of $11.32 billion during the quarter, compared to analysts’ expectations of $11.05 billion. Micron Technology had a net margin of 22.84% and a return on equity of 17.21%. The business’s revenue was up 46.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.18 EPS. Micron Technology has set its Q1 2026 guidance at 3.600-3.900 EPS. Analysts predict that Micron Technology, Inc. will post 6.08 earnings per share for the current year.

Micron Technology Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 21st. Stockholders of record on Friday, October 3rd were issued a $0.115 dividend. The ex-dividend date of this dividend was Friday, October 3rd. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.2%. Micron Technology’s dividend payout ratio is presently 6.06%.

Insider Buying and Selling

In related news, EVP April S. Arnzen sold 15,000 shares of the business’s stock in a transaction on Tuesday, September 30th. The stock was sold at an average price of $164.04, for a total value of $2,460,600.00. Following the sale, the executive vice president owned 131,580 shares of the company’s stock, valued at $21,584,383.20. The trade was a 10.23% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Scott J. Deboer sold 82,000 shares of the stock in a transaction on Monday, October 27th. The stock was sold at an average price of $222.81, for a total value of $18,270,420.00. Following the transaction, the executive vice president owned 154,145 shares of the company’s stock, valued at $34,345,047.45. This represents a 34.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 409,756 shares of company stock worth $85,308,033 over the last 90 days. Corporate insiders own 0.30% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Citigroup boosted their target price on shares of Micron Technology from $240.00 to $275.00 and gave the stock a “buy” rating in a research report on Monday, October 27th. Summit Insights upgraded Micron Technology to a “strong-buy” rating in a research note on Tuesday, September 23rd. Wolfe Research lifted their price target on Micron Technology from $160.00 to $180.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 17th. Wedbush increased their price objective on Micron Technology from $200.00 to $220.00 and gave the company an “outperform” rating in a research report on Wednesday, September 24th. Finally, Mizuho boosted their target price on shares of Micron Technology from $240.00 to $265.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 28th. Five investment analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $209.39.

Micron Technology Company Profile

Micron Technology, Inc designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels.