Jackson Square Capital LLC Increases Position in Micron Technology, Inc. $MU

Jackson Square Capital LLC boosted its holdings in Micron Technology, Inc. (NASDAQ:MU) by 3.0% during the 4th quarter, Holdings Channel.com reports. The fund owned 110,603 shares of the semiconductor manufacturer’s stock after purchasing an additional 3,195 shares during the quarter. Micron Technology accounts for 6.2% of Jackson Square Capital LLC’s investment portfolio, making the stock its 3rd biggest holding. Jackson Square Capital LLC’s holdings in Micron Technology were worth $31,567,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in MU. AQR Capital Management LLC lifted its position in Micron Technology by 411.9% in the 3rd quarter. AQR Capital Management LLC now owns 3,627,022 shares of the semiconductor manufacturer’s stock valued at $606,873,000 after acquiring an additional 2,918,535 shares in the last quarter. Slate Path Capital LP bought a new position in Micron Technology in the 2nd quarter valued at about $317,751,000. California Public Employees Retirement System lifted its position in Micron Technology by 70.2% in the 3rd quarter. California Public Employees Retirement System now owns 3,023,799 shares of the semiconductor manufacturer’s stock valued at $505,942,000 after acquiring an additional 1,246,773 shares in the last quarter. Voloridge Investment Management LLC lifted its position in Micron Technology by 1,064.3% in the 3rd quarter. Voloridge Investment Management LLC now owns 1,304,471 shares of the semiconductor manufacturer’s stock valued at $218,264,000 after acquiring an additional 1,192,433 shares in the last quarter. Finally, Wellington Management Group LLP lifted its position in Micron Technology by 19.9% in the 3rd quarter. Wellington Management Group LLP now owns 7,150,530 shares of the semiconductor manufacturer’s stock valued at $1,196,427,000 after acquiring an additional 1,188,296 shares in the last quarter. Institutional investors own 80.84% of the company’s stock.

Micron Technology Price Performance

Micron Technology stock opened at $406.73 on Thursday. The company’s 50 day moving average price is $401.66 and its two-hundred day moving average price is $304.60. The company has a quick ratio of 2.32, a current ratio of 2.90 and a debt-to-equity ratio of 0.13. Micron Technology, Inc. has a 52 week low of $63.70 and a 52 week high of $471.34. The stock has a market cap of $458.68 billion, a P/E ratio of 19.20 and a beta of 1.60.

Micron Technology Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Monday, March 30th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Monday, March 30th. This is an increase from Micron Technology’s previous quarterly dividend of $0.12. Micron Technology’s dividend payout ratio (DPR) is 2.83%.

Analyst Upgrades and Downgrades

MU has been the topic of several recent analyst reports. Piper Sandler lifted their target price on shares of Micron Technology from $275.00 to $400.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 7th. Weiss Ratings reissued a “buy (b-)” rating on shares of Micron Technology in a research report on Thursday, January 29th. Morgan Stanley lifted their target price on shares of Micron Technology from $350.00 to $450.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 11th. HSBC lifted their target price on shares of Micron Technology from $350.00 to $500.00 and gave the stock a “buy” rating in a research report on Friday, January 23rd. Finally, KeyCorp lifted their target price on shares of Micron Technology from $450.00 to $600.00 and gave the stock an “overweight” rating in a research report on Thursday, March 19th. Five investment analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $464.61.

Insider Activity at Micron Technology

In other news, EVP Sumit Sadana sold 25,000 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $429.89, for a total transaction of $10,747,250.00. Following the completion of the sale, the executive vice president owned 248,021 shares in the company, valued at $106,621,747.69. This trade represents a 9.16% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Manish H. Bhatia sold 26,623 shares of the firm’s stock in a transaction that occurred on Thursday, January 22nd. The stock was sold at an average price of $391.04, for a total transaction of $10,410,657.92. Following the sale, the executive vice president 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 position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have purchased 23,200 shares of company stock worth $7,821,723 and have sold 91,623 shares worth $35,053,508. Insiders own 0.24% of the company’s stock.

More Micron Technology News

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

• Positive Sentiment: UBS raised its price target to $535 and kept a Buy rating, implying meaningful upside and reinforcing buy-side momentum. Micron price target boosted by UBS as memory “super-cycle” defies norms
• Positive Sentiment: Sector rally tied to easing Middle East tensions/ceasefire headlines has drawn money back into memory names, supporting Micron’s move higher. Micron Stock Skyrockets on Ceasefire News
• Positive Sentiment: Micron announced a strategic investment and deal with SiMa.ai to deepen its presence in edge/robotics AI applications — expands market opportunities for power-efficient memory solutions. Micron Deepens AI Push With SiMa.ai Deal
• Positive Sentiment: Micron is expanding DRAM capacity in Taiwan (acquiring Powerchip’s P5 site), a strategic step to capture sustained AI-driven memory demand and relieve supply constraints. Micron Expands Taiwan DRAM Footprint To Capture Long Term AI Demand
• Positive Sentiment: Analyst upgrades, upward EPS revisions and heavy institutional accumulation (MarketBeat notes institutions buying aggressively) are validating the rebound thesis. The Bottom Is in for Micron Stock: 3 Signals to Buy Now
• Neutral Sentiment: Multiple media pieces frame Micron as a core AI/memory play (long-term growth case) — useful context but not new catalysts by themselves. 3 Reasons Growth Investors Will Love Micron (MU)
• Neutral Sentiment: High hedge-fund ownership and inclusion in screens (dividend/growth lists) indicates strong institutional interest — supportive but can amplify volatility on flows. Here is Why Micron Technology (MU) Is Among the Most Owned Stocks by Hedge Funds
• Negative Sentiment: Cyclical risk and “crowded” long positioning warnings remain — if memory pricing or AI demand disappoints, Micron could see sharp reversals. Micron Technology: Crowded Bet On A Cyclical High
• Negative Sentiment: Some analysts remain cautious (recent Hold/downgrade activity), reflecting concerns about near-term volatility and the memory cycle’s swings. Micron Technology (MU) Gets Downgraded by Analyst

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.