Micron Technology (NASDAQ:MU) Trading Up 7.8% on Insider Buying Activity

Micron Technology, Inc. (NASDAQ:MU) shares were up 7.8% during trading on Friday following insider buying activity. The stock traded as high as $365.81 and last traded at $362.75. Approximately 46,961,074 shares changed hands during mid-day trading, an increase of 41% from the average daily volume of 33,218,750 shares. The stock had previously closed at $336.63.

Specifically, Director Teyin M. Liu bought 11,600 shares of the business’s stock in a transaction dated Wednesday, January 14th. The shares were purchased at an average cost of $337.22 per share, with a total value of $3,911,752.00. Following the completion of the purchase, the director owned 25,910 shares in the company, valued at approximately $8,737,370.20. The trade was a 81.06% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Wall Street Analysts Forecast Growth

MU has been the topic of several recent analyst reports. Barclays increased their price objective on shares of Micron Technology from $275.00 to $450.00 and gave the company an “overweight” rating in a research report on Friday. Citigroup upped their target price on shares of Micron Technology from $330.00 to $385.00 and gave the stock a “buy” rating in a research note on Thursday. Wolfe Research upped their price objective on Micron Technology from $300.00 to $350.00 and gave the company an “outperform” rating in a research report on Thursday, December 18th. BNP Paribas raised Micron Technology from a “strong sell” rating to a “strong-buy” rating in a report on Monday, October 13th. Finally, Itau BBA Securities restated an “outperform” rating on shares of Micron Technology in a research note on Thursday, December 18th. Five investment analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $326.66.

Micron Technology News Summary

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

• Positive Sentiment: Insiders bought shares: a Micron director (Teyin M. Liu) and a former TSMC co‑CEO (Mark Liu) disclosed multi‑million dollar purchases, a classic vote of confidence that institutional and retail investors treat as bullish. Read More.
• Positive Sentiment: Analysts are lifting targets and initiating coverage: Cantor Fitzgerald, Barclays, Wells Fargo, Citigroup and RBC among others have raised targets or started coverage with “overweight/outperform” calls, increasing upside estimates and supporting fund flows. Read More.
• Positive Sentiment: Strong AI demand for memory: CEO comments and multiple reports point to tight HBM/DRAM supply for AI data centers, with Micron selling out significant capacity and raising pricing power — a near‑term revenue/margin tailwind. Read More.
• Positive Sentiment: Capacity ramp and long‑term projects: Micron’s HBM ramp, new packaging lines and a groundbreaking for a New York “megafab” underpin medium/long‑term supply expansion that supports 2026–2027 growth visibility. Read More.
• Neutral Sentiment: Wider market/sector attention: MU is a high‑beta, widely owned AI/memory trade — that attracts momentum flows but also staggers exposure to sector rotation; coverage pieces note both opportunity and crowding. Read More.
• Negative Sentiment: Volatility and profit‑taking risk: several commentaries warn MU has a history of sharp drawdowns and that some investors are booking gains after the rapid rerating, which can lead to short‑term pullbacks. Read More.
• Negative Sentiment: Competition/rotation risk: analysts note other AI chip names (e.g., Nvidia) may capture more investor attention, potentially reallocating flows away from memory names if sentiment shifts. Read More.

Micron Technology Trading Up 7.8%

The firm has a market capitalization of $408.28 billion, a PE ratio of 34.48, a price-to-earnings-growth ratio of 0.21 and a beta of 1.50. 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 company’s 50-day simple moving average is $265.40 and its 200 day simple moving average is $190.13.

Micron Technology (NASDAQ:MU) last issued its quarterly earnings data on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $12.62 billion. During the same quarter in the previous year, the firm earned $1.79 EPS. The company’s quarterly revenue was up 56.7% compared to the same quarter last year. 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 EPS for the current year.

Micron Technology Announces Dividend

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

Hedge Funds Weigh In On Micron Technology

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Melfa Wealth Management Inc. purchased a new stake in Micron Technology during the 4th quarter worth approximately $229,000. Omnia Family Wealth LLC lifted its stake in shares of Micron Technology by 2.1% during the fourth quarter. Omnia Family Wealth LLC now owns 1,464 shares of the semiconductor manufacturer’s stock worth $418,000 after buying an additional 30 shares during the period. Crewe Advisors LLC lifted its stake in shares of Micron Technology by 4.9% during the fourth quarter. Crewe Advisors LLC now owns 1,115 shares of the semiconductor manufacturer’s stock worth $318,000 after buying an additional 52 shares during the period. West Branch Capital LLC purchased a new stake in shares of Micron Technology during the fourth quarter valued at $758,000. Finally, Armstrong Fleming & Moore Inc acquired a new position in shares of Micron Technology in the 4th quarter valued at $288,000. 80.84% of the stock is owned by hedge funds and other institutional investors.

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.