Merit Financial Group LLC Acquires 14,914 Shares of Micron Technology, Inc. $MU

Merit Financial Group LLC lifted its holdings in Micron Technology, Inc. (NASDAQ:MU) by 69.2% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 36,471 shares of the semiconductor manufacturer’s stock after purchasing an additional 14,914 shares during the quarter. Merit Financial Group LLC’s holdings in Micron Technology were worth $6,102,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Vanguard Group Inc. lifted its stake in Micron Technology by 1.9% in the second quarter. Vanguard Group Inc. now owns 103,879,662 shares of the semiconductor manufacturer’s stock valued at $12,803,168,000 after buying an additional 1,973,294 shares in the last quarter. State Street Corp raised its holdings in shares of Micron Technology by 2.7% during the second quarter. State Street Corp now owns 51,373,591 shares of the semiconductor manufacturer’s stock worth $6,331,795,000 after acquiring an additional 1,349,713 shares during the period. Geode Capital Management LLC lifted its position in Micron Technology by 1.2% in the 2nd quarter. Geode Capital Management LLC now owns 25,690,491 shares of the semiconductor manufacturer’s stock valued at $3,152,974,000 after acquiring an additional 314,489 shares in the last quarter. Norges Bank acquired a new position in Micron Technology in the 2nd quarter worth $1,980,700,000. Finally, Invesco Ltd. boosted its stake in Micron Technology by 3.2% in the 2nd quarter. Invesco Ltd. now owns 8,913,450 shares of the semiconductor manufacturer’s stock worth $1,098,583,000 after purchasing an additional 277,507 shares during the period. 80.84% of the stock is owned by institutional investors.

Micron Technology Stock Down 2.3%

NASDAQ:MU opened at $285.84 on Friday. Micron Technology, Inc. has a twelve month low of $61.54 and a twelve month high of $298.83. The firm has a market capitalization of $321.71 billion, a price-to-earnings ratio of 27.17, a price-to-earnings-growth ratio of 0.18 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. The stock’s 50 day moving average price is $243.94 and its two-hundred day moving average price is $175.54.

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

Micron Technology Announces Dividend

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

Analyst Upgrades and Downgrades

Several research firms have issued reports on MU. Wolfe Research lifted their price target on Micron Technology from $300.00 to $350.00 and gave the company an “outperform” rating in a research note on Thursday, December 18th. KeyCorp set a $350.00 target price on Micron Technology in a research report on Thursday, December 18th. HSBC assumed coverage on Micron Technology in a research report on Tuesday, December 9th. They set a “buy” rating and a $330.00 price target for the company. Cantor Fitzgerald raised their price target on shares of Micron Technology from $300.00 to $350.00 and gave the stock an “overweight” rating in a research note on Thursday, December 18th. Finally, Bank of America raised shares of Micron Technology from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $250.00 to $300.00 in a research report on Thursday, December 18th. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $282.61.

Insider Activity at Micron Technology

In related news, CAO Scott R. Allen sold 8,800 shares of Micron Technology stock in a transaction dated Monday, October 20th. The stock was sold at an average price of $210.02, for a total transaction of $1,848,176.00. Following the completion of the transaction, the chief accounting officer owned 40,237 shares in the company, valued at approximately $8,450,574.74. This trade represents a 17.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Sanjay Mehrotra sold 22,500 shares of the business’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 value of $4,966,200.00. Following the transaction, the chief executive officer directly owned 446,578 shares in the company, valued at approximately $98,568,696.16. This trade represents a 4.80% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 349,163 shares of company stock worth $77,822,318 over the last ninety days. Company insiders own 0.24% of the company’s stock.

Micron Technology News Roundup

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

• Positive Sentiment: Strong fundamentals: Micron reported a big beat in its latest quarter (EPS and revenue well above consensus), underpinning continued investor confidence in margins and cash generation. Micron Technology (MU) Soars to All-Time High Ahead of Dividend Payout
• Positive Sentiment: AI/HBM tailwind: Micron is a key supplier of high-bandwidth memory and has effectively sold out 2026 HBM capacity, giving it pricing power and strong revenue visibility into AI data-center buildouts. The 3 Stocks That Crushed the S&P 500 in 2025
• Positive Sentiment: NAND momentum: NAND revenues have risen meaningfully (now a larger slice of sales), helping diversify Micron’s mix and capture more of AI/data-center spend. Micron Technology’s NAND Revenues Reach $2.7B: Is It a Growth Lever?
• Neutral Sentiment: Options and flows: Elevated options activity and lighter holiday trading can amplify intraday moves, making short-term price action more volatile without changing the underlying fundamentals. Unpacking the Latest Options Trading Trends in Micron Technology
• Neutral Sentiment: Long-term performance narratives: Coverage highlighting Micron’s huge multi-year gains and the stock’s status as a top 2025 performer reinforces buy-and-hold stories but can also encourage rotation. If You Invested $1000 In Micron Technology Stock 15 Years Ago, You Would Have This Much Today
• Negative Sentiment: Thin holiday volume and profit-taking: Several outlets note the stock eased amid light holiday trading and investors taking profits after a massive 2025 run — this increases downside pressure on quieter sessions. Micron (MU) Stock; Slips on Thin Holiday Volume as AI Memory Tailwinds Dominate Outlook
• Negative Sentiment: Analyst pushback and downgrades: Some analysts and commentary pieces have flagged valuation and timing risks, with at least one notable ratings downgrade and sell-side caution that could pressure sentiment. Micron – Timing Might Be Everything (Ratings Downgrade)
• Negative Sentiment: Sell recommendations / valuation concerns: Some outlets have issued sell or cautious takes citing high near-term multiples after the rally, which can accelerate short-term outflows. Micron Technology (MU): A Sell Recommendation Amid High Valuations

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.