Micron Technology, Inc. $MU Shares Purchased by BNP Paribas

BNP Paribas increased its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 1,032.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 37,631 shares of the semiconductor manufacturer’s stock after purchasing an additional 34,308 shares during the quarter. BNP Paribas’ holdings in Micron Technology were worth $11,159,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. REAP Financial Group LLC acquired a new stake in shares of Micron Technology during the third quarter worth $25,000. High Note Wealth LLC lifted its holdings in shares of Micron Technology by 65.4% during the fourth quarter. High Note Wealth LLC now owns 86 shares of the semiconductor manufacturer’s stock worth $25,000 after purchasing an additional 34 shares during the period. Elevation Wealth Partners LLC lifted its holdings in Micron Technology by 295.8% in the fourth quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer’s stock valued at $27,000 after acquiring an additional 71 shares during the period. Steigerwald Gordon & Koch Inc. lifted its holdings in Micron Technology by 4,800.0% in the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 98 shares of the semiconductor manufacturer’s stock valued at $28,000 after acquiring an additional 96 shares during the period. Finally, GHP Investment Advisors Inc. lifted its holdings in Micron Technology by 91.2% in the fourth quarter. GHP Investment Advisors Inc. now owns 109 shares of the semiconductor manufacturer’s stock valued at $31,000 after acquiring an additional 52 shares during the period. 80.84% of the stock is owned by institutional investors and hedge funds.

Micron Technology News Summary

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

• Positive Sentiment: Micron unveiled its AI-optimized memory and storage portfolio at COMPUTEX 2026, highlighting products such as HBM4, 256GB SOCAMM2, high-capacity DDR5 RDIMMs, and advanced SSDs that are designed to boost AI inference, bandwidth, and power efficiency. Micron Technology Showcases AI-Optimized Memory and Storage Solutions at COMPUTEX 2026
• Positive Sentiment: Raymond James raised its price target on Micron to $1,100 from $530 and reiterated an outperform rating, adding to a wave of upbeat Wall Street commentary on the stock. Micron Technology had its price target raised by Raymond James Financial, Inc.
• Positive Sentiment: Multiple articles pointed to Micron as a key beneficiary of the AI memory shortage and broader semiconductor rally, with memory and storage names extending a “parabolic” run as demand outstrips supply. 2 AI Memory Stocks Outperforming NVIDIA With Big Upside Ahead
• Positive Sentiment: More coverage said Micron is one of the latest $1 trillion market-cap names, underscoring investor enthusiasm for its AI-driven growth story and the bullish momentum in the memory chip sector. Are the 3 Newest Members of the $1 Trillion Market Cap Club the Latest Sign of an AI Bubble?

Insider Buying and Selling

In related news, EVP Sumit Sadana sold 24,000 shares of the business’s stock in a transaction that occurred 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 transaction, the executive vice president directly owned 224,021 shares of the company’s stock, valued at approximately $94,391,248.35. The trade was a 9.68% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Steven J. Gomo sold 2,000 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $787.03, for a total value of $1,574,060.00. Following the completion of the transaction, the director directly owned 17,139 shares in the company, valued at approximately $13,488,907.17. The trade was a 10.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 106,000 shares of company stock valued at $47,032,460. Insiders own 0.24% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. UBS Group raised their target price on Micron Technology from $535.00 to $1,625.00 and gave the company a “buy” rating in a report on Tuesday, May 26th. Wedbush lifted their price target on Micron Technology from $320.00 to $500.00 and gave the stock an “outperform” rating in a research note on Friday, March 13th. KeyCorp lifted their price target on Micron Technology from $450.00 to $600.00 and gave the stock an “overweight” rating in a research note on Thursday, March 19th. Erste Group Bank downgraded Micron Technology from a “buy” rating to a “hold” rating in a research note on Thursday, April 2nd. Finally, Barclays lifted their price target on Micron Technology from $450.00 to $675.00 and gave the stock an “overweight” rating in a research note on Thursday, March 19th. Five equities research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $621.97.

Micron Technology Stock Up 6.6%

MU opened at $1,035.50 on Tuesday. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.90 and a quick ratio of 2.32. The stock has a market capitalization of $1.17 trillion, a price-to-earnings ratio of 48.89 and a beta of 2.15. The business has a 50-day moving average of $569.31 and a two-hundred day moving average of $418.02. Micron Technology, Inc. has a 12 month low of $94.40 and a 12 month high of $1,046.97.

Micron Technology (NASDAQ:MU) last issued its earnings results on Wednesday, March 18th. The semiconductor manufacturer reported $12.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $9.19 by $3.01. The business had revenue of $23.86 billion during the quarter, compared to analysts’ expectations of $19.97 billion. Micron Technology had a return on equity of 41.16% and a net margin of 41.49%.The company’s revenue for the quarter was up 196 on a year-over-year basis. During the same quarter in the previous year, the business earned $1.56 EPS. On average, research analysts expect that Micron Technology, Inc. will post 58.62 earnings per share for the current year.

Micron Technology Increases Dividend

The business 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 of this dividend was Monday, March 30th. This represents a $0.60 annualized dividend and a yield of 0.1%. Micron Technology’s dividend payout ratio is presently 2.83%.

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.