LSV Asset Management grew its stake in shares of Micron Technology, Inc. (NASDAQ:MU – Free Report) by 1.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 710,247 shares of the semiconductor manufacturer’s stock after acquiring an additional 8,600 shares during the period. LSV Asset Management’s holdings in Micron Technology were worth $202,712,000 at the end of the most recent quarter.
Several other hedge funds have also recently bought and sold shares of the stock. New World Advisors LLC lifted its position in Micron Technology by 11.8% during the fourth quarter. New World Advisors LLC now owns 1,500 shares of the semiconductor manufacturer’s stock worth $428,000 after acquiring an additional 158 shares during the last quarter. Advisory Alpha LLC acquired a new stake in Micron Technology during the fourth quarter worth approximately $792,000. Evoke Wealth LLC lifted its position in Micron Technology by 119.8% during the fourth quarter. Evoke Wealth LLC now owns 12,651 shares of the semiconductor manufacturer’s stock worth $3,612,000 after acquiring an additional 6,896 shares during the last quarter. SGL Investment Advisors Inc. lifted its position in Micron Technology by 6.7% during the fourth quarter. SGL Investment Advisors Inc. now owns 2,977 shares of the semiconductor manufacturer’s stock worth $850,000 after acquiring an additional 187 shares during the last quarter. Finally, Mizuho Markets Cayman LP lifted its position in Micron Technology by 2,018.9% during the fourth quarter. Mizuho Markets Cayman LP now owns 7,628 shares of the semiconductor manufacturer’s stock worth $2,177,000 after acquiring an additional 7,268 shares during the last quarter. 80.84% of the stock is currently owned by institutional investors and hedge funds.
More Micron Technology News
Here are the key news stories impacting Micron Technology this week:
- Positive Sentiment: Micron began manufacturing advanced 1α DRAM at its Manassas, Virginia, fab, a milestone that expands U.S. memory output for AI, automotive, defense, aerospace and industrial customers. The move supports Micron’s long-term growth narrative and reinforces its position as the only U.S. manufacturer of memory chips. Article Title
- Positive Sentiment: Micron’s CEO highlighted the company’s major U.S. DRAM expansion and said the advanced memory technology is increasingly important for critical sectors, underscoring demand and strategic relevance. Article Title
- Positive Sentiment: Analyst and stock-picking coverage remained constructive, with Melius Research reportedly raising its price target to $1,100 and other commentators calling Micron a momentum leader and a key AI memory beneficiary. Article Title
- Neutral Sentiment: Several market articles continued to feature Micron as a prominent AI and memory-chip name, including momentum screens and long-term bull cases, which may support investor attention but do not change fundamentals on their own. Article Title
- Negative Sentiment: Some coverage noted recent volatility in memory-chip stocks and questioned how much upside is already priced in, which could temper enthusiasm after the run-up in the shares. Article Title
Wall Street Analysts Forecast Growth
View Our Latest Research Report on MU
Micron Technology Stock Down 1.5%
NASDAQ MU opened at $751.00 on Friday. The company has a current ratio of 2.90, a quick ratio of 2.32 and a debt-to-equity ratio of 0.13. Micron Technology, Inc. has a 1-year low of $90.93 and a 1-year high of $818.67. The company has a 50 day moving average of $512.03 and a 200-day moving average of $388.21. The company has a market cap of $846.93 billion, a price-to-earnings ratio of 35.46 and a beta of 1.91.
Micron Technology Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Monday, March 30th were given a $0.15 dividend. The ex-dividend date was Monday, March 30th. This is a positive change from Micron Technology’s previous quarterly dividend of $0.12. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. Micron Technology’s dividend payout ratio (DPR) is presently 2.83%.
Insider Buying and Selling at Micron Technology
In related news, Director Steven J. Gomo sold 2,000 shares of Micron Technology stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $787.03, for a total value of $1,574,060.00. Following the transaction, the director directly owned 17,139 shares of the company’s stock, valued at $13,488,907.17. This trade represents a 10.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Sanjay Mehrotra sold 40,000 shares of Micron Technology stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $536.26, for a total transaction of $21,450,400.00. Following the completion of the transaction, the chief executive officer directly owned 424,503 shares in the company, valued at $227,643,978.78. This trade represents a 8.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 106,000 shares of company stock valued at $47,032,460 in the last three months. Corporate insiders own 0.24% of the company’s stock.
About Micron Technology
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.
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