RFG Advisory LLC grew its position in shares of Micron Technology, Inc. (NASDAQ:MU – Free Report) by 36.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,781 shares of the semiconductor manufacturer’s stock after acquiring an additional 1,006 shares during the period. RFG Advisory LLC’s holdings in Micron Technology were worth $1,277,000 as of its most recent SEC filing.
A number of other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. raised its position in Micron Technology by 1.9% during the 4th quarter. Vanguard Group Inc. now owns 106,608,094 shares of the semiconductor manufacturer’s stock valued at $30,427,016,000 after purchasing an additional 1,954,644 shares during the last quarter. State Street Corp increased its stake in shares of Micron Technology by 2.1% during the fourth quarter. State Street Corp now owns 52,749,817 shares of the semiconductor manufacturer’s stock valued at $15,061,310,000 after buying an additional 1,090,644 shares during the period. Capital International Investors raised its holdings in shares of Micron Technology by 0.7% during the third quarter. Capital International Investors now owns 23,372,821 shares of the semiconductor manufacturer’s stock valued at $3,910,198,000 after acquiring an additional 155,860 shares in the last quarter. Norges Bank bought a new position in shares of Micron Technology during the fourth quarter valued at approximately $6,433,456,000. Finally, Morgan Stanley lifted its stake in 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 acquiring an additional 794,289 shares during the period. 80.84% of the stock is currently owned by hedge funds and other institutional investors.
Micron Technology Trading Down 6.7%
Micron Technology stock opened at $1,132.33 on Friday. Micron Technology, Inc. has a 12 month low of $103.38 and a 12 month high of $1,255.00. The company has a market capitalization of $1.28 trillion, a price-to-earnings ratio of 25.64 and a beta of 2.16. The business’s fifty day simple moving average is $817.22 and its two-hundred day simple moving average is $524.65. The company has a current ratio of 3.42, a quick ratio of 2.32 and a debt-to-equity ratio of 0.05.
Micron Technology Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 21st. Investors of record on Monday, July 6th will be given a $0.15 dividend. The ex-dividend date of this dividend is Monday, July 6th. This represents a $0.60 annualized dividend and a yield of 0.1%. Micron Technology’s dividend payout ratio is 1.36%.
Insiders Place Their Bets
In related news, Director Steven J. Gomo sold 2,000 shares of the stock in a transaction on Monday, May 11th. The stock was sold at an average price of $787.03, for a total transaction of $1,574,060.00. Following the sale, 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 transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Sumit Sadana sold 24,000 shares of the firm’s stock in a transaction dated Friday, April 10th. The shares were sold at an average price of $421.35, for a total transaction of $10,112,400.00. Following the sale, the executive vice president directly owned 224,021 shares in the company, valued at approximately $94,391,248.35. The trade was a 9.68% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 146,000 shares of company stock valued at $85,486,715. 0.24% of the stock is currently owned by company insiders.
Analysts Set New Price Targets
Several research firms have recently commented on MU. Barclays raised their target price on shares of Micron Technology from $1,175.00 to $2,000.00 and gave the stock an “overweight” rating in a research report on Thursday. KeyCorp lifted their price objective on Micron Technology from $600.00 to $1,600.00 and gave the company an “overweight” rating in a research report on Thursday. Wedbush upped their target price on Micron Technology from $1,300.00 to $1,400.00 and gave the stock an “outperform” rating in a report on Thursday. Susquehanna increased their target price on Micron Technology from $1,750.00 to $2,000.00 and gave the stock a “positive” rating in a research report on Thursday. Finally, The Goldman Sachs Group raised their target price on Micron Technology from $900.00 to $1,100.00 and gave the company a “neutral” rating in a research note on Thursday. 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 stock. According to MarketBeat, the company has an average rating of “Buy” and an average price target of $1,263.76.
View Our Latest Stock Analysis on Micron Technology
Key Headlines Impacting Micron Technology
Here are the key news stories impacting Micron Technology this week:
- Positive Sentiment: Analysts turned more bullish after Micron’s blowout earnings and strong AI-memory demand, with multiple firms raising price targets and saying the company’s long-term customer agreements improve revenue visibility. Micron and Qualcomm forecasts ignite $400 billion AI chip stock rally
- Positive Sentiment: Micron’s results showed surging revenue, record margins, and management commentary that AI-driven memory shortages could persist for years, reinforcing the bull case for continued pricing power. Micron stock jumps over 16% in premarket trading after blockbuster earnings
- Positive Sentiment: New articles also argue Micron is a key beneficiary of the AI memory boom and may still have room to run because demand is outpacing supply across data centers and AI infrastructure. Micron + One Explosive AI Memory Stock to Buy Before H2 2026
- Neutral Sentiment: Some coverage says investors are reassessing Micron after a huge rally, with a few commentators warning the stock could already be pricing in peak-cycle profits. Micron Was Yesterday’s Win — Here’s How to Find Tomorrow’s
- Negative Sentiment: Micron is also being pressured by a broader tech and chip selloff, with traders taking profits after the post-earnings surge and global semiconductor stocks coming under pressure. Micron falls 5% in premarket, paring earlier gains amid tech rout
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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