Rakuten Securities Inc. Raises Stake in Micron Technology, Inc. $MU

Rakuten Securities Inc. raised its holdings in shares of Micron Technology, Inc. (NASDAQ:MU) by 187.0% in the fourth quarter, Holdings Channel reports. The institutional investor owned 46,321 shares of the semiconductor manufacturer’s stock after buying an additional 30,179 shares during the quarter. Micron Technology accounts for about 4.3% of Rakuten Securities Inc.’s portfolio, making the stock its 6th biggest holding. Rakuten Securities Inc.’s holdings in Micron Technology were worth $13,220,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. iA Global Asset Management Inc. lifted its position in shares of Micron Technology by 18.7% in the 3rd quarter. iA Global Asset Management Inc. now owns 146,890 shares of the semiconductor manufacturer’s stock worth $24,578,000 after acquiring an additional 23,117 shares during the period. Wealthfront Advisers LLC increased its position in shares of Micron Technology by 9.8% during the third quarter. Wealthfront Advisers LLC now owns 95,396 shares of the semiconductor manufacturer’s stock valued at $15,962,000 after purchasing an additional 8,489 shares during the period. Westpac Banking Corp raised its stake in shares of Micron Technology by 251.0% in the third quarter. Westpac Banking Corp now owns 23,086 shares of the semiconductor manufacturer’s stock valued at $3,863,000 after purchasing an additional 16,509 shares in the last quarter. Generation Capital Management LLC acquired a new position in shares of Micron Technology in the third quarter valued at $238,000. Finally, Avanda Investment Management Pte. Ltd. bought a new position in Micron Technology in the third quarter worth $418,000. 80.84% of the stock is owned by institutional investors.

Key Micron Technology News

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

• Positive Sentiment: Technical momentum — a key trading signal was reported around $477.59, triggering a fresh buying wave and a >3% intraday rise for MU as momentum traders pile in. Micron Technology Shares Climb Over 3% After Key Trading Signal
• Positive Sentiment: Structural demand outlook — mem­ory bulls argue DRAM prices could double or triple as AI demand outpaces supply-chain capacity, supporting higher revenue and margins for Micron. ‘DRAM Will Double or Triple From Here’ as AI Demand Outpaces Supply Chain Capacity
• Positive Sentiment: Supply-chain tailwinds — ASML raised guidance on AI-driven chip demand, which signals stronger semiconductor investment and indirectly supports higher memory content per server (beneficial for Micron). ASML Has Just Delivered Massive News for Micron Technology Investors
• Positive Sentiment: Analyst/ownership optimism — the Street is broadly bullish (high % of Buy ratings and positive investor commentary) and a top investor narrative compares Micron’s growth potential to prior high-flyers, supporting investor appetite. Here’s What Citi and UBS Think About Micron Technology (MU)
• Neutral Sentiment: Stock-structure talk — renewed speculation about a potential stock split is circulating as the share price rises; this could improve liquidity but doesn’t change fundamentals. Will Micron Technology Stock Split in 2026?
• Neutral Sentiment: Fresh-high coverage — multiple outlets note MU at 52-week highs and examine whether fundamentals justify further gains; coverage can amplify momentum but also invite profit-taking. Micron Technology, Inc. (MU) Hits Fresh High: Is There Still Room to Run?
• Negative Sentiment: Competitor tailwind, short-term drag — SK Hynix reported a massive profit surge that boosted its stock; the report coincided with Micron sliding intraday, suggesting investor flows can rotate to rivals on headline beats. SK Hynix Posts 400% Profit Rise. Micron Stock Is Falling.
• Negative Sentiment: Capacity risk — SK Hynix’s planned $13B memory plant (and other industry capacity moves) could add supply over time and cap pricing power, a medium-term risk to Micron’s margin outlook. What SK Hynix’s New $13 Billion Memory Plant Means for Micron Stock

Analysts Set New Price Targets

A number of equities research analysts have weighed in on MU shares. Sanford C. Bernstein lifted their price target on shares of Micron Technology from $330.00 to $510.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 18th. HSBC raised their price objective on shares of Micron Technology from $350.00 to $500.00 and gave the stock a “buy” rating in a report on Friday, January 23rd. Susquehanna lifted their target price on shares of Micron Technology from $345.00 to $525.00 and gave the company a “positive” rating in a research report on Monday, March 9th. Weiss Ratings reissued a “buy (b-)” rating on shares of Micron Technology in a research note on Thursday, January 29th. Finally, Cantor Fitzgerald increased their price target on shares of Micron Technology from $450.00 to $700.00 and gave the stock an “overweight” rating in a research report on Thursday, March 19th. Five analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $464.61.

Micron Technology Price Performance

Shares of Micron Technology stock opened at $481.72 on Friday. The stock has a market capitalization of $543.25 billion, a price-to-earnings ratio of 22.74 and a beta of 1.60. The firm’s 50-day moving average price is $412.13 and its two-hundred day moving average price is $325.25. The company has a current ratio of 2.90, a quick ratio of 2.32 and a debt-to-equity ratio of 0.13. Micron Technology, Inc. has a 1-year low of $73.50 and a 1-year high of $493.62.

Micron Technology Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Monday, March 30th were given a dividend of $0.15 per share. This is a boost from Micron Technology’s previous quarterly dividend of $0.12. The ex-dividend date was Monday, March 30th. This represents a $0.60 dividend on an annualized basis and a yield of 0.1%. Micron Technology’s dividend payout ratio is currently 2.83%.

Insiders Place Their Bets

In related news, EVP Sumit Sadana sold 24,000 shares of the firm’s stock in a transaction on Friday, April 10th. The stock was sold at an average price of $421.35, for a total transaction of $10,112,400.00. Following the completion of the sale, the executive vice president directly owned 224,021 shares of the company’s stock, valued at $94,391,248.35. This trade represents a 9.68% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP April S. Arnzen sold 40,000 shares of Micron Technology stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $347.39, for a total value of $13,895,600.00. Following the completion of the transaction, the executive vice president owned 125,737 shares of the company’s stock, valued at approximately $43,679,776.43. The trade was a 24.13% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 89,000 shares of company stock valued at $34,755,250 over the last ninety days. Insiders own 0.24% of the company’s stock.

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.