Skandinaviska Enskilda Banken AB publ Buys 166,838 Shares of Micron Technology, Inc. $MU

Skandinaviska Enskilda Banken AB publ lifted its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 67.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 414,256 shares of the semiconductor manufacturer’s stock after purchasing an additional 166,838 shares during the quarter. Skandinaviska Enskilda Banken AB publ’s holdings in Micron Technology were worth $69,342,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. REAP Financial Group LLC acquired a new position in Micron Technology during the 3rd quarter worth approximately $25,000. Barnes Dennig Private Wealth Management LLC acquired a new position in shares of Micron Technology during the third quarter worth approximately $27,000. Cullen Frost Bankers Inc. raised its position in shares of Micron Technology by 79.3% during the third quarter. Cullen Frost Bankers Inc. now owns 199 shares of the semiconductor manufacturer’s stock worth $33,000 after purchasing an additional 88 shares during the period. First Command Advisory Services Inc. grew its position in Micron Technology by 225.0% in the 2nd quarter. First Command Advisory Services Inc. now owns 221 shares of the semiconductor manufacturer’s stock valued at $27,000 after purchasing an additional 153 shares during the period. Finally, Howard Hughes Medical Institute acquired a new stake in Micron Technology in the 2nd quarter valued at $30,000. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Micron Technology Stock Performance

MU stock opened at $411.66 on Tuesday. 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 firm has a market cap of $463.33 billion, a PE ratio of 39.13 and a beta of 1.51. The business has a 50 day moving average of $338.27 and a 200-day moving average of $234.86. Micron Technology, Inc. has a 12-month low of $61.54 and a 12-month high of $455.50.

Micron Technology (NASDAQ:MU) last posted its quarterly earnings data on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share for the quarter, topping 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 was up 56.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.79 earnings per share. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. As a group, sell-side analysts expect 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 Wednesday, January 14th. Shareholders of record on Monday, December 29th were paid a $0.115 dividend. This represents a $0.46 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Monday, December 29th. Micron Technology’s payout ratio is presently 4.37%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on MU shares. Rosenblatt Securities reaffirmed a “buy” rating and issued a $500.00 price objective on shares of Micron Technology in a research note on Tuesday, January 20th. HSBC upped their target price on shares of Micron Technology from $350.00 to $500.00 and gave the stock a “buy” rating in a report on Friday, January 23rd. Deutsche Bank Aktiengesellschaft boosted their price objective on Micron Technology from $200.00 to $280.00 and gave the stock a “buy” rating in a report on Tuesday, December 9th. Weiss Ratings reissued a “buy (b-)” rating on shares of Micron Technology in a research note on Thursday, January 29th. Finally, Barclays lifted their target price on Micron Technology from $275.00 to $450.00 and gave the company an “overweight” rating in a research report on Friday, January 16th. Six analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $353.21.

Insider Activity

In other news, EVP Manish H. Bhatia sold 26,623 shares of the stock in a transaction that occurred on Thursday, January 22nd. The shares were sold at an average price of $391.04, for a total transaction of $10,410,657.92. Following the completion of the transaction, the executive vice president directly owned 323,486 shares of the company’s stock, valued at $126,495,965.44. This represents a 7.60% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP April S. Arnzen sold 15,000 shares of Micron Technology stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $277.09, for a total transaction of $4,156,350.00. Following the completion of the sale, the executive vice president directly owned 165,618 shares in the company, valued at $45,891,091.62. This trade represents a 8.30% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders purchased 23,200 shares of company stock worth $7,821,723 and sold 73,623 shares worth $27,307,408. 0.24% of the stock is currently owned by insiders.

Key Micron Technology News

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

• Positive Sentiment: Analyst/strategy piece argues Micron’s AI-driven demand and pricing power can push revenue toward ~$100B by FY2027, citing high margins and the company’s ability to shift supply to higher‑margin AI customers — supports earnings upside and higher valuation. Micron: Nothing Is Over
• Positive Sentiment: Major brokers raised price targets (Morgan Stanley, Deutsche Bank), signaling institutional confidence and potential catalyst for further buying if guidance/earnings confirm AI demand traction. Morgan Stanley, Deutsche Bank Raise Micron (MU) Price Targets
• Positive Sentiment: MarketBeat notes technical strength, institutional accumulation and resumed buybacks — these support momentum and reduce downside if cash flow and capacity ramps stay on track. Micron’s Run Isn’t Over—3 Signals Point to More Upside
• Positive Sentiment: Zacks highlights MU as a long-term growth stock based on style scores and secular memory demand, reinforcing a buy case for long-term investors focused on AI/data‑center cycles. Why Micron (MU) is a Top Growth Stock for the Long-Term
• Neutral Sentiment: Coverage pieces (Blockonomi, TipRanks) summarize the huge one‑year gain and supply shortage through 2028, but frame a valuation debate — useful context for traders weighing momentum vs. fundamentals. Micron (MU) Stock Soars on AI Memory Shortage But Valuation Debate Heats Up
• Neutral Sentiment: Investor commentary calls MU a “fork in the road” trade — momentum can continue, but investors should watch guidance, production ramp timelines and competition before adding exposure. ‘A Fork in the Road,’ Says Investor About Micron Stock
• Negative Sentiment: Headline pieces question whether MU’s 300%+ rally has outpaced fundamentals and warn that a stretched valuation or any production/guidance disappointment could trigger sharp pullbacks. Has Micron (MU) Run Too Far After AI Memory Hype And 315% One‑Year Surge?
• Positive Sentiment: Optimistic valuation forecast: The Motley Fool predicts a lofty upside scenario (e.g., $1,200 by end‑2026) based on Micron’s position as a large-scale U.S. memory producer and ongoing memory shortages — bullish but speculative, and likely to boost retail interest. Prediction: Micron’s Stock Could Reach $1,200 by the End of 2026

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.