Danske Bank A S Has $256.40 Million Stock Position in Micron Technology, Inc. $MU

Danske Bank A S lifted its holdings in shares of Micron Technology, Inc. (NASDAQ:MU) by 9.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 898,366 shares of the semiconductor manufacturer’s stock after purchasing an additional 75,030 shares during the quarter. Micron Technology makes up about 0.6% of Danske Bank A S’s holdings, making the stock its 25th biggest position. Danske Bank A S’s holdings in Micron Technology were worth $256,403,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Elevation Wealth Partners LLC increased its stake in shares of Micron Technology by 295.8% during the 4th quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer’s stock worth $27,000 after purchasing an additional 71 shares during the last quarter. Steigerwald Gordon & Koch Inc. increased its stake in shares of Micron Technology by 4,800.0% during the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 98 shares of the semiconductor manufacturer’s stock worth $28,000 after purchasing an additional 96 shares during the last quarter. Joseph Group Capital Management acquired a new position in shares of Micron Technology during the 4th quarter worth $31,000. GHP Investment Advisors Inc. boosted its holdings in shares of Micron Technology by 91.2% during the 4th quarter. GHP Investment Advisors Inc. now owns 109 shares of the semiconductor manufacturer’s stock worth $31,000 after buying an additional 52 shares during the period. Finally, Arlington Trust Co LLC boosted its holdings in shares of Micron Technology by 26.3% during the 4th quarter. Arlington Trust Co LLC now owns 120 shares of the semiconductor manufacturer’s stock worth $34,000 after buying an additional 25 shares during the period. Institutional investors and hedge funds own 80.84% of the company’s stock.

Micron Technology Price Performance

Shares of Micron Technology stock opened at $517.16 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.90 and a quick ratio of 2.32. Micron Technology, Inc. has a fifty-two week low of $77.64 and a fifty-two week high of $535.50. The firm has a fifty day moving average price of $422.13 and a two-hundred day moving average price of $336.46. The company has a market cap of $583.22 billion, a PE ratio of 24.42 and a beta of 1.60.

Micron Technology Increases Dividend

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

Insiders Place Their Bets

In other Micron Technology news, EVP April S. Arnzen sold 40,000 shares of the 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 sale, the executive vice president directly owned 125,737 shares of the company’s stock, valued at $43,679,776.43. This represents a 24.13% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sumit Sadana sold 24,000 shares of the stock in a transaction on Friday, April 10th. The shares were 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 approximately $94,391,248.35. This trade represents a 9.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 89,000 shares of company stock valued at $34,755,250. Insiders own 0.24% of the company’s stock.

Micron Technology News Summary

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

• Positive Sentiment: DA Davidson and other brokers have issued very bullish price targets (one high-profile note says MU could double to $1,000), driving momentum and analyst attention; that bullish initiation is helping lift investor sentiment. Micron Stock Price Can Double to $1,000, Analyst Says. Here’s How.
• Positive Sentiment: Multiple Wall Street firms have raised targets/estimates recently (TD Cowen bumped its target to $660; Erste Group raised FY estimates), signaling growing confidence in Micron’s earnings runway as AI and data-center demand expands. TD Cowen Sees Durability Driving Next Phase for Micron Technology (MU)
• Positive Sentiment: Sector tailwinds: strong results from data-storage and semiconductor peers (e.g., Seagate, NXP) and renewed AI capex expectations are being interpreted as support for DRAM/NAND pricing and Micron’s revenue mix. Micron’s stock is gaining. Here’s why the semiconductor trade has sprung back to life.
• Positive Sentiment: Product/business optimism: coverage pieces highlight Micron’s HBM and AI-focused memory exposure and large forward EPS growth expectations, reinforcing a growth narrative for long-term investors. There Is Optimism Around Micron Technology’s HBM Business, Here Is What You Should Know?
• Neutral Sentiment: Investor access: Micron confirmed executive participation at the J.P. Morgan Global TMC Conference (May 20), which may provide incremental clarity but is not an immediate earnings catalyst. Micron Announces Participation in Investor Event
• Neutral Sentiment: New research coverage (Melius Research initiation) increases analyst visibility and trading interest but does not itself change fundamentals. Micron Technology (NASDAQ:MU) Research Coverage Started at Melius Research
• Negative Sentiment: Volatility risk: commentary warns that the semiconductor “pop” has been rapid and could reverse quickly — a sharp sector pullback would pressure MU given its big recent run. The Semiconductor Pop Was Violent — the Pullback Could Be Too
• Negative Sentiment: At least one forecast piece flags downside risk if industry pricing or end-market spending softens; with the stock up dramatically YTD, valuation sensitivity is a concern for some investors. This Forecast Could Spell Trouble for Micron Technology Stock

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Erste Group Bank downgraded shares of Micron Technology from a “buy” rating to a “hold” rating in a report on Thursday, April 2nd. Cantor Fitzgerald upped their price objective on shares of Micron Technology from $450.00 to $700.00 and gave the stock an “overweight” rating in a report on Thursday, March 19th. Royal Bank Of Canada upped their price objective on shares of Micron Technology from $425.00 to $525.00 and gave the stock an “outperform” rating in a report on Monday, March 16th. Wells Fargo & Company upped their price objective on shares of Micron Technology from $470.00 to $550.00 and gave the stock an “overweight” rating in a report on Thursday, March 19th. Finally, Stifel Nicolaus upped their price objective on shares of Micron Technology from $360.00 to $550.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. Five investment analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $478.24.

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.