VIRGINIA RETIREMENT SYSTEMS ET Al Raises Holdings in Micron Technology, Inc. $MU

VIRGINIA RETIREMENT SYSTEMS ET Al raised its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 2.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 237,200 shares of the semiconductor manufacturer’s stock after buying an additional 5,600 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Micron Technology were worth $39,688,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in MU. First Command Advisory Services Inc. boosted its stake in shares of Micron Technology by 225.0% during the second quarter. First Command Advisory Services Inc. now owns 221 shares of the semiconductor manufacturer’s stock valued at $27,000 after acquiring an additional 153 shares during the last quarter. Howard Hughes Medical Institute acquired a new position in Micron Technology in the 2nd quarter valued at about $30,000. AlphaQuest LLC lifted its holdings in Micron Technology by 13,250.0% in the 2nd quarter. AlphaQuest LLC now owns 267 shares of the semiconductor manufacturer’s stock valued at $33,000 after purchasing an additional 265 shares in the last quarter. WealthCollab LLC lifted its holdings 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 in the last quarter. Finally, Hilltop National Bank acquired a new stake in shares of Micron Technology during the 2nd quarter worth about $37,000. 80.84% of the stock is owned by institutional investors and hedge funds.

More Micron Technology News

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

• Positive Sentiment: MarketBeat says MU has “gained momentum” after the Dec. earnings beat, projecting technical targets that imply 30%–80% upside as HBM shortages and rising HBM pricing underpin revenue and guidance. Micron Gains Momentum, Again—30% to 80% Upside in 2026
• Positive Sentiment: AmericanBankingNews/others note MU hit a new 52‑week / all‑time high after strong FQ1 results (EPS beat, +56.7% sales y/y) and upbeat guidance — headlines highlight Micron’s pricing power as one of three HBM suppliers. Micron Technology (NASDAQ:MU) Reaches New 52-Week High – Should You Buy?
• Positive Sentiment: 24/7 Wall St. profiles MU as an “undervalued long‑term winner,” citing outsized 2025 gains, AI-driven memory demand, and room to run as Micron catches up to the broader chip rally. Micron Technology Looks Like An Undervalued Long-Term Winner
• Positive Sentiment: Zacks added MU to its top growth list (Zacks Rank #1), reflecting strong analyst sentiment and buy recommendations into year‑end. Best Growth Stocks to Buy for December 30th
• Neutral Sentiment: ETF pieces (MarketBeat) highlight that thematic semiconductor ETFs give exposure to the same AI/memory cycle benefitting Micron; ETFs are suggested as lower‑risk ways to play the sector rather than single‑stock bets. Find the Next NVIDIA With This Semiconductor ETF
• Neutral Sentiment: Market commentary on NVIDIA’s Groq deal argues the AI trade is broadening and memory suppliers like Micron are indirect beneficiaries — supportive context but not MU‑specific catalyst. The Lazy Way to Play NVIDIA’s $20B Groq Deal (MU)
• Negative Sentiment: Several option/sell‑side pieces flag overbought technicals and propose bearish strategies (bear put spreads) anticipating a pullback from stretched levels — a short‑term risk for momentum traders. Micron Technology Bear Put Spread Could Return 197% in this Down Move

Micron Technology Trading Down 0.6%

Shares of MU opened at $292.51 on Wednesday. The company has a current ratio of 2.46, a quick ratio of 1.78 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of $329.23 billion, a P/E ratio of 27.81, a price-to-earnings-growth ratio of 0.19 and a beta of 1.54. The stock’s fifty day simple moving average is $240.61 and its 200 day simple moving average is $173.98. Micron Technology, Inc. has a twelve month low of $61.54 and a twelve month high of $298.83.

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

Micron Technology Dividend Announcement

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

Insider Transactions at Micron Technology

In other news, CEO Sanjay Mehrotra sold 22,500 shares of the firm’s stock in a transaction on Monday, October 27th. The shares were sold at an average price of $220.72, for a total value of $4,966,200.00. Following the transaction, the chief executive officer owned 446,578 shares of the company’s stock, valued at approximately $98,568,696.16. This trade represents a 4.80% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Mark J. Murphy sold 126,000 shares of Micron Technology stock in a transaction on Thursday, October 30th. The shares were sold at an average price of $225.31, for a total transaction of $28,389,060.00. Following the transaction, the chief financial officer owned 219,693 shares in the company, valued at $49,499,029.83. The trade was a 36.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 354,300 shares of company stock valued at $78,800,968 in the last three months. 0.24% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

MU has been the subject of a number of analyst reports. TD Cowen boosted their price objective on shares of Micron Technology from $275.00 to $300.00 and gave the company a “buy” rating in a research report on Thursday, December 18th. Susquehanna boosted their price target on Micron Technology from $200.00 to $300.00 and gave the company a “positive” rating in a report on Monday, December 8th. Sanford C. Bernstein reissued an “outperform” rating on shares of Micron Technology in a research note on Thursday, December 18th. The Goldman Sachs Group lifted their price objective on Micron Technology from $205.00 to $235.00 and gave the company a “neutral” rating in a research report on Thursday, December 18th. Finally, Itau BBA Securities reiterated an “outperform” rating on shares of Micron Technology in a research report on Thursday, December 18th. Five research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $282.61.

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.