Managed Asset Portfolios LLC Has $13.60 Million Stake in Micron Technology, Inc. $MU

Managed Asset Portfolios LLC reduced its position in shares of Micron Technology, Inc. (NASDAQ:MU) by 35.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 81,254 shares of the semiconductor manufacturer’s stock after selling 43,887 shares during the quarter. Micron Technology accounts for 1.7% of Managed Asset Portfolios LLC’s investment portfolio, making the stock its 27th biggest holding. Managed Asset Portfolios LLC’s holdings in Micron Technology were worth $13,595,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Richard C. Young & CO. LTD. acquired a new position in Micron Technology during the third quarter valued at $208,000. Comprehensive Financial Planning Inc. PA purchased a new position in Micron Technology during the 3rd quarter valued at about $242,000. Level Four Advisory Services LLC grew its stake in Micron Technology by 4.9% during the 3rd quarter. Level Four Advisory Services LLC now owns 98,047 shares of the semiconductor manufacturer’s stock valued at $16,405,000 after acquiring an additional 4,568 shares in the last quarter. Strive Asset Management LLC acquired a new position in shares of Micron Technology in the 3rd quarter valued at about $3,346,000. Finally, Focus Partners Advisor Solutions LLC lifted its position in shares of Micron Technology by 107.2% in the third quarter. Focus Partners Advisor Solutions LLC now owns 17,983 shares of the semiconductor manufacturer’s stock worth $3,009,000 after purchasing an additional 9,302 shares in the last quarter. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently commented on MU shares. Mizuho raised their price target on shares of Micron Technology from $390.00 to $480.00 and gave the stock an “outperform” rating in a report on Tuesday, January 27th. JPMorgan Chase & Co. lifted their target price on shares of Micron Technology from $220.00 to $350.00 and gave the company an “overweight” rating in a research note on Thursday, December 18th. Needham & Company LLC upped their price target on shares of Micron Technology from $380.00 to $450.00 and gave the stock a “buy” rating in a research note on Tuesday, February 17th. UBS Group increased their price objective on Micron Technology to $475.00 and gave the stock a “buy” rating in a report on Monday. Finally, Morgan Stanley boosted their target price on Micron Technology from $350.00 to $450.00 and gave the company an “overweight” rating in a research note on Wednesday, February 11th. Six analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $371.83.

Key Stories Impacting Micron Technology

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

• Positive Sentiment: Micron began shipping customer samples of a record 256GB LPDRAM SOCAMM2 module — a product milestone that strengthens its leadership in AI/data‑center memory (better performance per watt and higher density). Micron Sets New Benchmark With the World’s First High-Capacity 256GB LPDRAM SOCAMM2
• Positive Sentiment: Multiple outlets report Micron shipping the high‑capacity LPDRAM and highlighting technical advantages (faster inference, lower power, smaller footprint) — a commercial catalyst for AI and HPC server demand. Micron (MU) Begins Shipping Highest-Capacity 256GB AI Memory Module Samples
• Positive Sentiment: Wall Street remains constructive: recent analyst moves include Morgan Stanley and UBS increasing targets (and Stifel raising its target as well), signaling continued bullishness on memory pricing and margins. Micron (MU) Suffers a Larger Drop Than the General Market: Key Insights
• Neutral Sentiment: Micron opened a major assembly & test facility in India (Sanand) to expand manufacturing capacity — positive long‑term for supply resilience but not an immediate earnings swing. Micron’s India Plant Opens New Chapter In AI Memory Capacity
• Neutral Sentiment: Volatility has boosted option premiums; some traders highlight lucrative short‑put yields as income/value strategies while others view the move as a sign of elevated risk. Micron Technology Short-Put Plays Have Huge Yields – Attractive to Value Investors
• Negative Sentiment: Today’s drop is driven mainly by a broad market selloff tied to escalating conflict in the Middle East — a macro/geopolitical shock that hit memory and other high‑beta tech names hard. The Iran Conflict Is Hitting Stocks Across the World
• Negative Sentiment: Analysts and market note heightened short‑term risk for memory stocks from macro shocks, profit‑taking after a strong run, and lingering concerns about HBM competition/possible cyclical oversupply. How Low Can Micron Stock Go?

Insider Transactions at Micron Technology

In related news, Director Teyin M. Liu bought 7,820 shares of the firm’s stock in a transaction on Wednesday, January 14th. The stock was purchased at an average price of $337.50 per share, with a total value of $2,639,250.00. Following the completion of the transaction, the director directly owned 25,910 shares of the company’s stock, valued at $8,744,625. This trade represents a 43.23% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP April S. Arnzen sold 15,000 shares of the stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $277.09, for a total value of $4,156,350.00. Following the transaction, the executive vice president owned 165,618 shares in the company, valued at approximately $45,891,091.62. This trade represents a 8.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders acquired 23,200 shares of company stock worth $7,821,723 and sold 73,623 shares worth $27,307,408. Company insiders own 0.24% of the company’s stock.

Micron Technology Stock Down 8.0%

MU stock opened at $379.68 on Wednesday. The firm has a market cap of $427.33 billion, a PE ratio of 36.09 and a beta of 1.50. Micron Technology, Inc. has a 1 year low of $61.54 and a 1 year high of $455.50. The company has a fifty day simple moving average of $373.79 and a 200 day simple moving average of $257.90. 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 (NASDAQ:MU) last posted 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. Micron Technology had a return on equity of 22.71% and a net margin of 28.15%.The company had revenue of $13.64 billion for the quarter, compared to analyst estimates of $12.62 billion. During the same period last year, the company earned $1.79 earnings per share. The business’s revenue was up 56.7% compared to the same quarter last year. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. Sell-side analysts anticipate that Micron Technology, Inc. will post 6.08 EPS for the current fiscal year.

Micron Technology Announces Dividend

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

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.