Mirae Asset Global Investments Co. Ltd. Sells 73,549 Shares of Micron Technology, Inc. $MU

Mirae Asset Global Investments Co. Ltd. lowered its stake in Micron Technology, Inc. (NASDAQ:MU) by 5.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,352,857 shares of the semiconductor manufacturer’s stock after selling 73,549 shares during the period. Micron Technology makes up approximately 0.7% of Mirae Asset Global Investments Co. Ltd.’s investment portfolio, making the stock its 17th biggest position. Mirae Asset Global Investments Co. Ltd.’s holdings in Micron Technology were worth $226,360,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Barnes Dennig Private Wealth Management LLC bought a new stake in Micron Technology in the third quarter worth $27,000. Cullen Frost Bankers Inc. increased its position in Micron Technology by 79.3% during the third quarter. Cullen Frost Bankers Inc. now owns 199 shares of the semiconductor manufacturer’s stock valued at $33,000 after acquiring an additional 88 shares during the last quarter. First Command Advisory Services Inc. raised its stake in shares of Micron Technology by 225.0% in the second quarter. First Command Advisory Services Inc. now owns 221 shares of the semiconductor manufacturer’s stock valued at $27,000 after acquiring an additional 153 shares during the period. Howard Hughes Medical Institute bought a new stake in shares of Micron Technology in the 2nd quarter worth about $30,000. Finally, AlphaQuest LLC boosted its stake in shares of Micron Technology by 13,250.0% during the 2nd quarter. AlphaQuest LLC now owns 267 shares of the semiconductor manufacturer’s stock worth $33,000 after purchasing an additional 265 shares during the period. 80.84% of the stock is currently owned by hedge funds and other institutional investors.

Micron Technology Stock Performance

Shares of MU stock opened at $433.26 on Wednesday. The firm has a market cap of $487.64 billion, a price-to-earnings ratio of 40.88 and a beta of 1.50. Micron Technology, Inc. has a 52-week low of $61.54 and a 52-week high of $423.30. The company has a quick ratio of 1.78, a current ratio of 2.46 and a debt-to-equity ratio of 0.19. The company’s 50 day moving average is $288.29 and its 200 day moving average is $205.85.

Micron Technology (NASDAQ:MU) last announced its earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.77 by $1.01. The business had revenue of $13.64 billion for the quarter, compared to analysts’ expectations of $12.62 billion. Micron Technology had a return on equity of 22.71% and a net margin of 28.15%.The business’s revenue for the quarter was up 56.7% on a year-over-year basis. During the same quarter last year, the firm earned $1.79 EPS. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. On average, sell-side analysts anticipate that Micron Technology, Inc. will post 6.08 EPS for the current fiscal year.

Micron Technology Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Stockholders of record on Monday, December 29th were issued a $0.115 dividend. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Monday, December 29th. Micron Technology’s dividend payout ratio (DPR) is currently 4.37%.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on MU shares. Needham & Company LLC increased their price objective on shares of Micron Technology from $200.00 to $300.00 and gave the stock a “buy” rating in a research report on Tuesday, December 16th. Stifel Nicolaus upped their target price on Micron Technology from $300.00 to $360.00 and gave the company a “buy” rating in a research note on Tuesday, January 20th. Weiss Ratings raised Micron Technology from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Saturday, November 1st. Rosenblatt Securities reaffirmed a “buy” rating and issued a $500.00 price objective on shares of Micron Technology in a research report on Tuesday, January 20th. Finally, Morgan Stanley lifted their target price on Micron Technology from $338.00 to $350.00 and gave the stock an “overweight” rating in a research report on Thursday, December 18th. Five investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Buy” and an average target price of $349.76.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: Micron announced a roughly $24 billion plan to build an advanced wafer fab in Singapore to expand NAND/HBM capacity, signaling management’s confidence in continued AI & data-center memory demand and supporting long-term revenue/market-share upside. Micron Bets Big on Memory Growth With $24B Singapore Expansion
• Positive Sentiment: Wall Street and the financial press continue to highlight AI-driven HBM/DRAM tightness and strong Q1 results/guidance, which underpin multiple analyst upgrades and higher targets — a momentum driver for buyers. Intel, Micron and These Other Chip Stocks Are Rallying. Thank Texas Instruments and ASML.
• Positive Sentiment: Analyst/target support: firms have recently raised targets and issued outperform/buy views (e.g., Mizuho raised its target), reinforcing investor conviction that MU’s earnings power from AI memory demand remains intact. Analyst price-target coverage (Benzinga)
• Positive Sentiment: Insider buying by a director and other insider activity reported recently provides an additional bullish signal that some company insiders are confident in the outlook. These 3 Stocks Just Saw Major Insider Moves—Time to Be Bullish or Bearish?
• Neutral Sentiment: Investor outreach: Micron will appear at the Wolfe Research Auto/Auto Tech & Semiconductor Conference in February — useful for incremental guidance/clarity but not an immediate earnings surprise. Micron Announces Participation in Investor Event
• Negative Sentiment: Competitive risk: reports that Samsung is qualifying/supplying next-gen HBM4 to Nvidia could limit Micron’s near-term pricing power and market share gains in AI memory, a meaningful near-term headwind for HBM-driven upside. Micron Technology Stock Slips on Nvidia-Samsung Supply Deal
• Negative Sentiment: Insider sale: EVP Manish Bhatia sold ~26,600 shares (~7.6% of his position), which investors may interpret as modestly negative (or routine liquidity); such sales can amplify short-term volatility after a big run. Manish Bhatia Sells 26,623 Shares of Micron Technology (NASDAQ:MU) Stock

Insider Transactions at Micron Technology

In other Micron Technology news, EVP Manish H. Bhatia sold 26,623 shares of Micron Technology stock in a transaction 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 transaction, the executive vice president directly owned 323,486 shares of the company’s stock, valued at approximately $126,495,965.44. The trade was a 7.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP April S. Arnzen sold 15,000 shares of the stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $277.09, for a total value of $4,156,350.00. Following the sale, the executive vice president owned 165,618 shares of the company’s stock, valued at approximately $45,891,091.62. This represents a 8.30% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have bought 23,200 shares of company stock worth $7,821,723 and have sold 197,725 shares worth $50,324,100. 0.24% of the stock is currently owned by corporate insiders.

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.