Great Lakes Retirement Inc. Acquires Shares of 10,379 Micron Technology, Inc. $MU

Great Lakes Retirement Inc. bought a new stake in Micron Technology, Inc. (NASDAQ:MU) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 10,379 shares of the semiconductor manufacturer’s stock, valued at approximately $1,737,000.

A number of other institutional investors have also modified their holdings of MU. REAP Financial Group LLC purchased a new position in Micron Technology in the 3rd quarter valued at $25,000. Barnes Dennig Private Wealth Management LLC purchased a new position in Micron Technology during the 3rd quarter worth $27,000. Cullen Frost Bankers Inc. lifted its stake in shares of Micron Technology by 79.3% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 199 shares of the semiconductor manufacturer’s stock worth $33,000 after acquiring an additional 88 shares during the period. Howard Hughes Medical Institute purchased a new stake in shares of Micron Technology in the second quarter valued at about $30,000. Finally, Physician Wealth Advisors Inc. increased its stake in shares of Micron Technology by 248.0% during the third quarter. Physician Wealth Advisors Inc. now owns 261 shares of the semiconductor manufacturer’s stock worth $44,000 after acquiring an additional 186 shares during the period. Institutional investors and hedge funds own 80.84% of the company’s stock.

Micron Technology Trading Down 8.0%

Micron Technology stock opened at $379.68 on Wednesday. The stock has a 50-day moving average price of $373.79 and a 200 day moving average price of $257.90. Micron Technology, Inc. has a 52 week low of $61.54 and a 52 week high of $455.50. The stock has a market cap of $427.33 billion, a PE ratio of 36.09 and a beta of 1.50. The company has a current ratio of 2.46, a quick ratio of 1.78 and a debt-to-equity ratio of 0.19.

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

Micron Technology Announces Dividend

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

Insider Activity

In related news, EVP Sumit Sadana sold 25,000 shares of the stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $429.89, for a total value of $10,747,250.00. Following the completion of the sale, the executive vice president directly owned 248,021 shares in the company, valued at approximately $106,621,747.69. This represents a 9.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Teyin M. Liu acquired 11,600 shares of Micron Technology stock in a transaction on Tuesday, January 13th. The shares were bought at an average price of $337.07 per share, for a total transaction of $3,910,012.00. Following the purchase, the director owned 14,310 shares of the company’s stock, valued at $4,823,471.70. This represents a 428.04% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last quarter, insiders acquired 23,200 shares of company stock valued at $7,821,723 and sold 73,623 shares valued at $27,307,408. 0.24% of the stock is currently owned by corporate insiders.

Micron Technology News Summary

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

• Positive Sentiment: Micron began shipping customer samples of a record 256GB LPDRAM SOCAMM2 module — a product milestone that strengthens its leadership in AI/data‑center memory (better performance per watt and higher density). Micron Sets New Benchmark With the World’s First High-Capacity 256GB LPDRAM SOCAMM2
• Positive Sentiment: Multiple outlets report Micron shipping the high‑capacity LPDRAM and highlighting technical advantages (faster inference, lower power, smaller footprint) — a commercial catalyst for AI and HPC server demand. Micron (MU) Begins Shipping Highest-Capacity 256GB AI Memory Module Samples
• Positive Sentiment: Wall Street remains constructive: recent analyst moves include Morgan Stanley and UBS increasing targets (and Stifel raising its target as well), signaling continued bullishness on memory pricing and margins. Micron (MU) Suffers a Larger Drop Than the General Market: Key Insights
• Neutral Sentiment: Micron opened a major assembly & test facility in India (Sanand) to expand manufacturing capacity — positive long‑term for supply resilience but not an immediate earnings swing. Micron’s India Plant Opens New Chapter In AI Memory Capacity
• Neutral Sentiment: Volatility has boosted option premiums; some traders highlight lucrative short‑put yields as income/value strategies while others view the move as a sign of elevated risk. Micron Technology Short-Put Plays Have Huge Yields – Attractive to Value Investors
• Negative Sentiment: Today’s drop is driven mainly by a broad market selloff tied to escalating conflict in the Middle East — a macro/geopolitical shock that hit memory and other high‑beta tech names hard. The Iran Conflict Is Hitting Stocks Across the World
• Negative Sentiment: Analysts and market note heightened short‑term risk for memory stocks from macro shocks, profit‑taking after a strong run, and lingering concerns about HBM competition/possible cyclical oversupply. How Low Can Micron Stock Go?

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. Needham & Company LLC raised their price objective on shares of Micron Technology from $380.00 to $450.00 and gave the company a “buy” rating in a research report on Tuesday, February 17th. Wedbush set a $320.00 target price on Micron Technology in a research note on Thursday, December 18th. HSBC lifted their price target on Micron Technology from $350.00 to $500.00 and gave the company a “buy” rating in a research note on Friday, January 23rd. Mizuho increased their price objective on Micron Technology from $390.00 to $480.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 27th. Finally, Stifel Nicolaus raised their target price on Micron Technology from $360.00 to $550.00 and gave the company a “buy” rating in a report on Monday. Six research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $371.83.

Micron Technology Company 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.