Flputnam Investment Management Co. Purchases 77,296 Shares of Micron Technology, Inc. $MU

Flputnam Investment Management Co. increased its position in Micron Technology, Inc. (NASDAQ:MU) by 690.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 88,493 shares of the semiconductor manufacturer’s stock after buying an additional 77,296 shares during the quarter. Flputnam Investment Management Co.’s holdings in Micron Technology were worth $14,807,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Brighton Jones LLC grew its holdings in shares of Micron Technology by 18.3% during the 4th quarter. Brighton Jones LLC now owns 6,318 shares of the semiconductor manufacturer’s stock valued at $532,000 after purchasing an additional 976 shares during the last quarter. American Century Companies Inc. grew its stake in shares of Micron Technology by 7.8% during the first quarter. American Century Companies Inc. now owns 232,579 shares of the semiconductor manufacturer’s stock valued at $20,209,000 after buying an additional 16,925 shares during the last quarter. Summit Financial LLC increased its holdings in shares of Micron Technology by 15.8% in the first quarter. Summit Financial LLC now owns 5,284 shares of the semiconductor manufacturer’s stock worth $459,000 after buying an additional 719 shares during the period. CW Advisors LLC lifted its stake in shares of Micron Technology by 11.0% in the 1st quarter. CW Advisors LLC now owns 19,068 shares of the semiconductor manufacturer’s stock valued at $1,659,000 after acquiring an additional 1,889 shares during the last quarter. Finally, Compound Planning Inc. boosted its holdings in Micron Technology by 42.1% during the 1st quarter. Compound Planning Inc. now owns 12,301 shares of the semiconductor manufacturer’s stock valued at $1,069,000 after acquiring an additional 3,642 shares during the period. 80.84% of the stock is currently owned by institutional investors.

Insider Transactions at Micron Technology

In related news, CEO Sanjay Mehrotra sold 22,500 shares of Micron Technology stock in a transaction that occurred on Monday, October 27th. The stock was sold at an average price of $220.72, for a total transaction of $4,966,200.00. Following the sale, the chief executive officer directly owned 446,578 shares in the company, valued at $98,568,696.16. The trade was a 4.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Mark J. Murphy sold 126,000 shares of the company’s stock in a transaction on Thursday, October 30th. The stock was sold at an average price of $225.31, for a total value of $28,389,060.00. Following the completion of the sale, the chief financial officer directly owned 219,693 shares in the company, valued at approximately $49,499,029.83. The trade was a 36.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 369,852 shares of company stock worth $79,364,303 over the last quarter. Insiders own 0.24% of the company’s stock.

Analyst Upgrades and Downgrades

MU has been the topic of a number of analyst reports. New Street Research reiterated a “neutral” rating on shares of Micron Technology in a research report on Tuesday, October 14th. Wells Fargo & Company lifted their target price on shares of Micron Technology from $300.00 to $335.00 and gave the stock an “overweight” rating in a research note on Thursday. HSBC assumed coverage on shares of Micron Technology in a report on Tuesday, December 9th. They set a “buy” rating and a $330.00 price target for the company. KGI Securities raised shares of Micron Technology from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 24th. Finally, Morgan Stanley boosted their price objective on shares of Micron Technology from $338.00 to $350.00 and gave the company an “overweight” rating in a research report on Thursday. Five research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $282.61.

Key Stores Impacting Micron Technology

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

• Positive Sentiment: Blowout Q1 results and blowout guidance — revenue and EPS beat estimates and management issued guidance well above consensus, implying materially stronger 2026 growth and margins, which is the primary driver of the rally. Micron’s Q1 Results Say “AI Bubble Is Far From Bursting”
• Positive Sentiment: “Sold‑out” HBM and runaway AI memory demand — management said HBM capacity is tight and orders are sold out, supporting a large addressable market for AI accelerators and pricing/margin upside. Micron stock pops 14% as AI memory demand soars: ‘We are more than sold out’
• Positive Sentiment: Analyst upgrades and price‑target increases — multiple firms raised ratings and targets after the print (JPMorgan, UBS, Wolfe, Citigroup and others), which amplifies buy-side momentum and raises consensus expectations. Micron Stock Jumps On ‘Stunning’ Quarterly Results, Guidance
• Positive Sentiment: Sector/ETF spillover — cooler inflation and the earnings surprise helped tech/AI ETFs rally, drawing incremental flows into names with large AI exposure like MU. Inflation Cools, Micron Shines: Tech ETFs Catch Tailwind
• Neutral Sentiment: Dividend declaration adds a small yield and signals confidence, but it is modest relative to market moves and not the main catalyst.
• Negative Sentiment: Large insider selling noted in public data — many recent sales by senior executives could be read as liquidity-taking and may add pressure or caution for some investors. Micron Technology Stock (MU) Opinions on Recent Earnings Beat
• Negative Sentiment: Valuation and sustainability questions — some analysts and outlets warn the beat may have baked in aggressive assumptions about how long supply tightness and pricing persist; that raises the risk of sharp swings if demand or pricing normalizes. Micron’s Blowout Results Are Bad News for Anyone Buying a New Phone or PC Next Year

Micron Technology Stock Up 7.0%

Shares of Micron Technology stock opened at $265.92 on Friday. The company has a current ratio of 2.46, a quick ratio of 1.79 and a debt-to-equity ratio of 0.19. The company’s fifty day simple moving average is $228.36 and its two-hundred day simple moving average is $165.02. The company has a market cap of $298.93 billion, a P/E ratio of 25.28, a PEG ratio of 0.39 and a beta of 1.54. Micron Technology, Inc. has a 12-month low of $61.54 and a 12-month high of $268.38.

Micron Technology (NASDAQ:MU) last posted 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. The firm had revenue of $13.64 billion during the quarter, compared to analysts’ expectations of $12.62 billion. Micron Technology had a net margin of 28.15% and a return on equity of 22.71%. The company’s quarterly revenue was up 56.7% compared to the same quarter last year. During the same period last year, the company posted $1.79 EPS. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. Research analysts anticipate that Micron Technology, Inc. will post 6.08 EPS for the current year.

Micron Technology Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 14th. Shareholders of record on Monday, December 29th will be given a dividend of $0.115 per share. This represents a $0.46 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Monday, December 29th. Micron Technology’s payout ratio is presently 4.37%.

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.