Osmosis Investment Management UK Ltd Invests $34.84 Million in Micron Technology, Inc. $MU

Osmosis Investment Management UK Ltd acquired a new stake in shares of Micron Technology, Inc. (NASDAQ:MU) during the second quarter, Holdings Channel reports. The institutional investor acquired 30,183 shares of the semiconductor manufacturer’s stock, valued at approximately $34,840,000. Micron Technology makes up about 1.6% of Osmosis Investment Management UK Ltd’s holdings, making the stock its 11th biggest holding.

Several other hedge funds have also recently made changes to their positions in MU. State Street Corp lifted its position in Micron Technology by 2.1% during the 4th quarter. State Street Corp now owns 52,749,817 shares of the semiconductor manufacturer’s stock worth $15,061,310,000 after acquiring an additional 1,090,644 shares during the period. Andar Capital Management HK Ltd increased its holdings in shares of Micron Technology by 856,960.3% in the second quarter. Andar Capital Management HK Ltd now owns 34,282,413 shares of the semiconductor manufacturer’s stock valued at $39,571,847,000 after purchasing an additional 34,278,413 shares during the period. Norges Bank purchased a new position in shares of Micron Technology in the fourth quarter worth about $6,433,456,000. Morgan Stanley raised its stake in shares of Micron Technology by 5.1% in the fourth quarter. Morgan Stanley now owns 16,396,655 shares of the semiconductor manufacturer’s stock worth $4,679,771,000 after purchasing an additional 794,289 shares during the last quarter. Finally, Northern Trust Corp lifted its holdings in shares of Micron Technology by 1.9% during the fourth quarter. Northern Trust Corp now owns 10,654,349 shares of the semiconductor manufacturer’s stock worth $3,040,858,000 after purchasing an additional 194,550 shares during the period. 80.84% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Micron Technology

In related news, Director Lynn A. Dugle sold 1,300 shares of the business’s stock in a transaction on Tuesday, June 30th. The shares were sold at an average price of $1,150.43, for a total value of $1,495,559.00. Following the completion of the transaction, the director directly owned 17,728 shares in the company, valued at $20,394,823.04. The trade was a 6.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Sanjay Mehrotra sold 40,000 shares of the stock in a transaction on Friday, August 21st. The stock was sold at an average price of $968.90, for a total transaction of $38,756,000.00. Following the sale, the chief executive officer directly owned 264,503 shares in the company, valued at $256,276,956.70. This trade represents a 13.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 177,204 shares of company stock worth $182,156,264. Insiders own 0.24% of the company’s stock.

Micron Technology Stock Up 2.4%

Micron Technology stock opened at $956.08 on Thursday. The business’s 50-day moving average price is $942.57 and its 200 day moving average price is $728.67. The company has a quick ratio of 2.98, a current ratio of 3.42 and a debt-to-equity ratio of 0.05. The firm has a market cap of $1.08 trillion, a price-to-earnings ratio of 21.65, a price-to-earnings-growth ratio of 0.59 and a beta of 2.22. Micron Technology, Inc. has a 52 week low of $117.29 and a 52 week high of $1,255.00.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $21.39 by $3.72. Micron Technology had a return on equity of 71.13% and a net margin of 55.91%.The company had revenue of $41.46 billion during the quarter, compared to the consensus estimate of $35.91 billion. During the same period in the previous year, the company posted $1.91 earnings per share. Micron Technology’s revenue for the quarter was up 345.8% on a year-over-year basis. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. As a group, sell-side analysts anticipate that Micron Technology, Inc. will post 72.93 earnings per share for the current year.

Micron Technology Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 21st. Stockholders of record on Monday, July 6th were issued 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 of this dividend was Monday, July 6th. Micron Technology’s payout ratio is 1.36%.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Sanford C. Bernstein set a $1,300.00 target price on Micron Technology in a research report on Monday, June 22nd. Seaport Research Partners restated a “buy” rating on shares of Micron Technology in a research note on Friday, August 14th. Susquehanna lifted their price objective on shares of Micron Technology from $1,750.00 to $2,000.00 and gave the company a “positive” rating in a research note on Thursday, June 25th. Erste Group Bank raised shares of Micron Technology from a “hold” rating to a “buy” rating in a report on Thursday, June 25th. Finally, Zacks Research lowered shares of Micron Technology from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 19th. Four research analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $1,295.63.

More Micron Technology News

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

• Positive Sentiment: AI-related demand remains the primary catalyst. High-bandwidth memory (HBM) used with AI processors is in short supply, and Micron’s HBM4 capacity is reportedly sold out through 2026 under long-term customer agreements. Rising DRAM and NAND contract prices could further improve pricing power and margins. Can Micron Stock Break Out as DRAM and NAND Contract Rates Spike Over 50?
• Positive Sentiment: Industry analysts argue that AI infrastructure spending is consuming wafer capacity faster than new supply can be added, potentially extending the memory shortage through 2027. This supports bullish forecasts despite Micron’s substantial rally and recent pullback from its high. ETFs to Watch as Memory-Chip Scarcity Could Extend Through 2027
• Positive Sentiment: Netlist lost its patent-infringement appeal against Micron, reducing a potential legal overhang. Netlist Loses Patent Infringement Appeal Against Micron
• Neutral Sentiment: Appaloosa Management, led by David Tepper, reduced its Micron position by 41.4% in the second quarter while adding Taiwan Semiconductor shares for a sixth straight quarter. The filing gives no explanation, so the move may reflect portfolio allocation rather than a change in Micron’s fundamentals. David Tepper Cut Micron Position
• Negative Sentiment: Labor uncertainty remains a risk after unions representing much of Micron’s Taiwan workforce threatened a strike over bonuses and profit sharing. Reports that Micron may offer record bonuses could avert a walkout, but would increase costs. Micron Taiwan Unions Threaten Strike
• Negative Sentiment: China’s CXMT is advancing domestic HBM and LPDDR6 production, raising longer-term competition and geopolitical risks. Nvidia’s planned investment in additional supply and capacity also suggests today’s extreme memory pricing may eventually attract more industry supply.

Micron Technology 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.