Impax Asset Management Group plc Invests $1.38 Million in Micron Technology, Inc. $MU

Impax Asset Management Group plc bought a new position in shares of Micron Technology, Inc. (NASDAQ:MU) during the third quarter, Holdings Channel.com reports. The fund bought 8,247 shares of the semiconductor manufacturer’s stock, valued at approximately $1,380,000.

Other large investors have also added to or reduced their stakes in the company. Advisors Asset Management Inc. increased its holdings in shares of Micron Technology by 13.5% in the third quarter. Advisors Asset Management Inc. now owns 44,314 shares of the semiconductor manufacturer’s stock valued at $7,415,000 after purchasing an additional 5,263 shares during the last quarter. Stratos Wealth Partners LTD. lifted its stake in shares of Micron Technology by 41.3% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 22,056 shares of the semiconductor manufacturer’s stock worth $3,691,000 after buying an additional 6,451 shares during the last quarter. Baader Bank Aktiengesellschaft bought a new stake in shares of Micron Technology during the 3rd quarter worth about $370,000. Versor Investments LP acquired a new position in Micron Technology in the 3rd quarter valued at about $382,000. Finally, BridgePort Financial Solutions LLC acquired a new position in Micron Technology in the 3rd quarter valued at about $215,000. Institutional investors own 80.84% of the company’s stock.

Insider Buying and Selling at Micron Technology

In other news, CAO Scott R. Allen sold 2,000 shares of the company’s stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $337.50, for a total transaction of $675,000.00. Following the completion of the transaction, the chief accounting officer directly owned 38,237 shares in the company, valued at approximately $12,904,987.50. This represents a 4.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Manish H. Bhatia sold 26,623 shares of the stock in a transaction dated Thursday, January 22nd. The shares were sold at an average price of $391.04, for a total value of $10,410,657.92. Following the completion of the transaction, the executive vice president owned 323,486 shares of the company’s stock, valued at $126,495,965.44. This represents a 7.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders purchased 23,200 shares of company stock worth $7,821,723 and sold 73,623 shares worth $27,307,408. Corporate insiders own 0.24% of the company’s stock.

Micron Technology Price Performance

Shares of NASDAQ:MU opened at $410.34 on Thursday. The firm has a 50 day moving average of $327.74 and a 200-day moving average of $227.69. The stock has a market capitalization of $461.84 billion, a PE ratio of 39.01 and a beta of 1.52. The company has a current ratio of 2.46, a quick ratio of 1.78 and a debt-to-equity ratio of 0.19. Micron Technology, Inc. has a 12 month low of $61.54 and a 12 month high of $455.50.

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, topping the consensus estimate of $3.77 by $1.01. Micron Technology had a net margin of 28.15% and a return on equity of 22.71%. The business had revenue of $13.64 billion for the quarter, compared to analyst estimates of $12.62 billion. During the same quarter last year, the business posted $1.79 EPS. The firm’s revenue for the quarter 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, equities research analysts predict that Micron Technology, Inc. will post 6.08 EPS for the current fiscal year.

Micron Technology Announces Dividend

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

Wall Street Analyst Weigh In

MU has been the subject of a number of research analyst reports. Wells Fargo & Company boosted their price objective on Micron Technology from $335.00 to $410.00 and gave the stock an “overweight” rating in a report on Thursday, January 15th. Bank of America boosted their price target on Micron Technology from $300.00 to $400.00 and gave the company a “buy” rating in a research note on Tuesday, January 13th. Citigroup upped their price objective on Micron Technology from $330.00 to $385.00 and gave the company a “buy” rating in a report on Thursday, January 15th. Weiss Ratings reissued a “buy (b-)” rating on shares of Micron Technology in a report on Thursday, January 29th. Finally, Needham & Company LLC boosted their target price on shares of Micron Technology from $200.00 to $300.00 and gave the company a “buy” rating in a research report on Tuesday, December 16th. Six analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Micron Technology has a consensus rating of “Buy” and a consensus target price of $353.21.

More Micron Technology News

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

• Positive Sentiment: Management confirmed HBM4 is in high‑volume production and shipping to customers, easing concerns about product readiness and near‑term revenue visibility — this comment from the CFO helped calm investors and supported the rally. Micron’s stock pops. Here’s what an executive just said to calm nervous investors.
• Positive Sentiment: Wall‑street bulls are moving the tape: TD Cowen’s street‑high $600 bull case and multiple price‑target raises (e.g., Morgan Stanley to $450) signal upside from prolonged DRAM/HBM tightness and support investor confidence. Micron Stock Gets a New Street-High $600 Target — TD Cowen Sees 55% Upside.
• Positive Sentiment: Structural/industry thesis: analysts and investors are highlighting constrained DRAM scaling, limited supply growth and consolidation to three major suppliers — a setup that supports multi‑year pricing power and reduces classic boom‑bust cycles for memory. Micron: This Time Is Different
• Neutral Sentiment: Market commentary notes Micron’s outperformance vs. peers and improved AI revenue visibility from data‑center expansion — helpful context for momentum but dependent on continued AI capex and pricing. Stock Market Today, Feb. 11: Micron Technology Rallies as AI Data Center Expansion Reinforces AI Revenue Visibility
• Negative Sentiment: Competitive risk: Samsung says it has begun mass production and commercial shipments of HBM4 — faster competitor adoption could pressure pricing or market share if Micron’s ramp faces delays or if Samsung undercuts pricing. Samsung Claims to Be First to Ship New Memory Chips. What It Means for Micron.

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.