OFI Invest Asset Management Buys 2,440 Shares of Micron Technology, Inc. $MU

OFI Invest Asset Management increased its position in Micron Technology, Inc. (NASDAQ:MU) by 206.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,624 shares of the semiconductor manufacturer’s stock after buying an additional 2,440 shares during the period. OFI Invest Asset Management’s holdings in Micron Technology were worth $606,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. First Command Advisory Services Inc. boosted its holdings in Micron Technology by 225.0% in the second quarter. First Command Advisory Services Inc. now owns 221 shares of the semiconductor manufacturer’s stock worth $27,000 after acquiring an additional 153 shares in the last quarter. Howard Hughes Medical Institute acquired a new position in shares of Micron Technology during the second quarter worth approximately $30,000. AlphaQuest LLC lifted its holdings in shares of Micron Technology by 13,250.0% in the 2nd quarter. AlphaQuest LLC now owns 267 shares of the semiconductor manufacturer’s stock worth $33,000 after purchasing an additional 265 shares in the last quarter. WealthCollab LLC grew its position in Micron Technology by 4,500.0% in the 2nd quarter. WealthCollab LLC now owns 276 shares of the semiconductor manufacturer’s stock valued at $34,000 after purchasing an additional 270 shares during the period. Finally, Hilltop National Bank bought a new stake in Micron Technology during the 2nd quarter valued at $37,000. 80.84% of the stock is owned by institutional investors.

Micron Technology Price Performance

Micron Technology stock opened at $276.27 on Wednesday. Micron Technology, Inc. has a 52 week low of $61.54 and a 52 week high of $281.86. The company’s 50 day moving average price is $231.82 and its two-hundred day moving average price is $167.84. The stock has a market cap of $310.94 billion, a P/E ratio of 26.26, a P/E/G ratio of 0.17 and a beta of 1.54. The company has a quick ratio of 1.78, a current ratio of 2.46 and a debt-to-equity ratio of 0.19.

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

Micron Technology Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 14th. Investors of record on Monday, December 29th will be issued a $0.115 dividend. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Monday, December 29th. Micron Technology’s payout ratio is 4.37%.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: Blowout earnings + sold‑out HBM: Micron reported a Q1 FY2026 beat and management said HBM capacity is sold out through 2026 with much of pricing locked — providing multi‑quarter revenue visibility and materially de‑risking near‑term cash flow and margins. Micron Technology (MU) Soars 10% on Stellar Earnings and Record 2026 Outlook
• Positive Sentiment: MarketBeat deep dive — AI memory supercycle validated: analysis highlights >50% gross margins, data‑center revenue share >50%, aggressive $20B FY2026 CapEx (fast‑tracking Idaho fab) and HBM4 sampling — all signals of durable structural change from cyclical memory vendor to high‑margin AI supplier. Micron Just Changed the AI Cycle—and the Market Knows It
• Positive Sentiment: Analyst bullishness and price‑target uplifts: multiple outlets report fresh analyst upgrades and higher price targets (some headlines cite targets up to $500), reinforcing momentum and prompting institutional window‑dressing demand. Micron (MU) Receives $500 Target as AI Fuels DRAM and NAND Demand
• Positive Sentiment: HBM market structure supports price power: coverage pieces outline constrained HBM supply through 2026–2027, large price increases for HBM, and why Micron is positioned to gain share — a demand/supply dynamic that supports outsized revenue and margin expansion. 4 Memorable Ways to Play the HBM Market Boom
• Neutral Sentiment: Broader market tailwind: major U.S. indexes were rising (S&P near record), which helped momentum names like Micron as investors re‑risk into AI winners during a quiet year‑end tape. Dow Jones Today: Major Stock Indexes Rise for 4th Straight Session
• Negative Sentiment: Valuation/mean‑reversion risk: some commentators warn the rally may have overshot fundamentals in the short term and that high CapEx, execution risk on new fabs, or a future easing in HBM pricing could introduce downside if demand or execution falters. Micron: Rally Went Too Far, This Party Shouldn’t Last Forever

Insider Activity at Micron Technology

In other Micron Technology news, EVP April S. Arnzen sold 15,000 shares of the business’s stock in a transaction dated Tuesday, September 30th. The shares were sold at an average price of $164.04, for a total value of $2,460,600.00. Following the transaction, the executive vice president directly owned 131,580 shares in the company, valued at $21,584,383.20. The trade was a 10.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Sanjay Mehrotra sold 22,500 shares of the firm’s 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 owned 446,578 shares of the company’s stock, valued at approximately $98,568,696.16. The trade was a 4.80% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 389,852 shares of company stock worth $84,838,803 in the last ninety days. Corporate insiders own 0.24% of the company’s stock.

Wall Street Analyst Weigh In

MU has been the topic of a number of recent research reports. KGI Securities raised shares of Micron Technology from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, September 24th. Cantor Fitzgerald upped their target price on shares of Micron Technology from $300.00 to $350.00 and gave the stock an “overweight” rating in a report on Thursday, December 18th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Micron Technology in a research note on Thursday, December 18th. Mizuho boosted their price objective on Micron Technology from $270.00 to $290.00 and gave the stock an “outperform” rating in a report on Thursday, December 18th. Finally, Wells Fargo & Company raised their target price on Micron Technology from $300.00 to $335.00 and gave the company an “overweight” rating in a report on Thursday, December 18th. Five 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 data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $282.61.

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.