Klingman & Associates LLC Acquires New Holdings in Micron Technology, Inc. $MU

Klingman & Associates LLC bought a new position in Micron Technology, Inc. (NASDAQ:MU) in the third quarter, according to the company in its most recent disclosure with the SEC. The fund bought 1,887 shares of the semiconductor manufacturer’s stock, valued at approximately $316,000.

A number of other hedge funds have also added to or reduced their stakes in MU. Norges Bank purchased a new position in shares of Micron Technology in the 2nd quarter worth $1,980,700,000. Slate Path Capital LP purchased a new position in Micron Technology in the second quarter worth about $317,751,000. Vanguard Group Inc. boosted its position 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 worth $12,803,168,000 after purchasing an additional 1,973,294 shares during the last quarter. State Street Corp grew its stake in shares of Micron Technology by 2.7% during the 2nd quarter. State Street Corp now owns 51,373,591 shares of the semiconductor manufacturer’s stock valued at $6,331,795,000 after purchasing an additional 1,349,713 shares during the period. Finally, Orbis Allan Gray Ltd increased its position in shares of Micron Technology by 50.2% during the 2nd quarter. Orbis Allan Gray Ltd now owns 3,457,726 shares of the semiconductor manufacturer’s stock valued at $426,165,000 after purchasing an additional 1,156,086 shares during the last quarter. 80.84% of the stock is currently owned by hedge funds and other institutional investors.

Micron Technology News Roundup

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

• Positive Sentiment: Micron is accelerating HBM capacity (Singapore packaging, Boise, Japan, Clay NY megafab longer term) and is essentially sold out through 2026 — tight HBM supply and pricing power underpin upside to 2026–27 revenue and margins. Micron: Accelerating HBM Ramp Extends Growth Into 2027
• Positive Sentiment: Multiple brokerages have lifted price targets and ratings (Cantor Fitzgerald, KeyCorp, BofA among others), supporting sentiment that MU can still climb toward $400–$450 targets. Analyst price target raises (Benzinga)
• Positive Sentiment: MU is showing up on top growth/strong‑buy lists (Zacks Rank #1 and Zacks growth picks), reinforcing momentum flows from retail and quant strategies. Best Growth Stocks to Buy for Jan. 14
• Neutral Sentiment: Feature pieces highlight MU as a momentum/strong‑fundamentals stock — useful context for longer‑term bulls but less likely to trigger immediate price moves. Micron: A Momentum Stock With Strong Fundamentals
• Neutral Sentiment: Analysts are actively re‑running valuation models and updating forecasts — consensus targets have risen sharply, but longer‑term estimates still vary, leaving room for revisions. Micron Technology (MU) Analysts Adjust Valuation Forecasts
• Negative Sentiment: Calls for profit‑taking and trimming after a rapid rerating are circulating; some investors/analysts warn the stock is vulnerable to short‑term pullbacks as positions are rotated. Why I’m Taking Profits After A Rapid Rerating (Rating Downgrade)
• Negative Sentiment: Industry risks: analysts flag potential oversupply, margin peaks, and Samsung/SK Hynix technology/capex moves that could pressure prices if capacity growth accelerates. Micron: Three Significant Risks That Could Be Crucial In The Long Term
• Negative Sentiment: SK Hynix announced a large new memory‑chip plant, which raises competitive and future supply concerns for the HBM market. SK Hynix Plans $13 Billion Memory‑Chip Plant

Insiders Place Their Bets

In other news, CFO Mark J. Murphy sold 126,000 shares of the business’s stock in a transaction on Thursday, October 30th. The shares were sold at an average price of $225.31, for a total value of $28,389,060.00. Following the transaction, the chief financial officer owned 219,693 shares of the company’s stock, valued at approximately $49,499,029.83. The trade was a 36.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Scott R. Allen sold 8,800 shares of the firm’s stock in a transaction on Monday, October 20th. The shares were sold at an average price of $210.02, for a total transaction of $1,848,176.00. Following the transaction, the chief accounting officer directly owned 40,237 shares of the company’s stock, valued at $8,450,574.74. The trade was a 17.95% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 318,800 shares of company stock worth $72,333,387 over the last ninety days. 0.24% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on MU. Itau BBA Securities reissued an “outperform” rating on shares of Micron Technology in a report on Thursday, December 18th. Piper Sandler increased their price target on shares of Micron Technology from $275.00 to $400.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 7th. Citigroup boosted their price objective on shares of Micron Technology from $300.00 to $330.00 and gave the company a “buy” rating in a research report on Thursday, December 18th. Wedbush set a $320.00 target price on Micron Technology in a report on Thursday, December 18th. Finally, Summit Insights upgraded Micron Technology to a “strong-buy” rating in a research report on Tuesday, September 23rd. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $305.79.

Micron Technology Stock Down 1.4%

MU opened at $333.35 on Thursday. The stock has a market cap of $375.19 billion, a price-to-earnings ratio of 31.69, a price-to-earnings-growth ratio of 0.21 and a beta of 1.50. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.78 and a current ratio of 2.46. The firm’s fifty day moving average is $263.43 and its 200 day moving average is $189.11. Micron Technology, Inc. has a fifty-two week low of $61.54 and a fifty-two week high of $351.23.

Micron Technology (NASDAQ:MU) last posted 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 business had revenue of $13.64 billion for the quarter, compared to analysts’ expectations of $12.62 billion. During the same period last year, the firm earned $1.79 earnings per share. The business’s quarterly 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, sell-side analysts forecast that Micron Technology, Inc. will post 6.08 earnings per share for the current fiscal year.

Micron Technology Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Monday, December 29th were issued a $0.115 dividend. The ex-dividend date of this dividend was Monday, December 29th. This represents a $0.46 dividend on an annualized basis and a yield of 0.1%. Micron Technology’s payout ratio is currently 4.37%.

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.