Tocqueville Asset Management L.P. Reduces Stock Holdings in Micron Technology, Inc. $MU

Tocqueville Asset Management L.P. lessened its position in shares of Micron Technology, Inc. (NASDAQ:MU) by 0.7% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 271,631 shares of the semiconductor manufacturer’s stock after selling 2,012 shares during the quarter. Tocqueville Asset Management L.P.’s holdings in Micron Technology were worth $45,449,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in MU. Vanguard Group Inc. grew its stake in Micron Technology by 0.7% in the 3rd quarter. Vanguard Group Inc. now owns 104,653,450 shares of the semiconductor manufacturer’s stock valued at $17,510,615,000 after acquiring an additional 773,788 shares during the last quarter. State Street Corp raised its position in Micron Technology by 2.7% during the second quarter. State Street Corp now owns 51,373,591 shares of the semiconductor manufacturer’s stock worth $6,331,795,000 after acquiring an additional 1,349,713 shares during the last quarter. Capital International Investors lifted its holdings in shares of Micron Technology by 0.7% in the third quarter. Capital International Investors now owns 23,372,821 shares of the semiconductor manufacturer’s stock valued at $3,910,198,000 after purchasing an additional 155,860 shares in the last quarter. Norges Bank purchased a new stake in shares of Micron Technology in the second quarter valued at about $1,980,700,000. Finally, Invesco Ltd. grew its position in shares of Micron Technology by 8.0% in the third quarter. Invesco Ltd. now owns 9,622,166 shares of the semiconductor manufacturer’s stock valued at $1,609,981,000 after purchasing an additional 708,716 shares during the last quarter. 80.84% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Micron Technology

In other Micron Technology news, Director Teyin M. Liu bought 11,600 shares of Micron Technology stock in a transaction that occurred on Tuesday, January 13th. The shares were purchased at an average cost of $337.07 per share, for a total transaction of $3,910,012.00. Following the completion of the transaction, the director owned 14,310 shares of the company’s stock, valued at $4,823,471.70. This represents a 428.04% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Steven J. Gomo sold 5,000 shares of the firm’s stock in a transaction dated Friday, December 19th. The stock was sold at an average price of $263.63, for a total value of $1,318,150.00. Following the completion of the sale, the director directly owned 19,139 shares in the company, valued at approximately $5,045,614.57. The trade was a 20.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders acquired 23,200 shares of company stock valued at $7,821,723 and sold 73,623 shares valued at $27,307,408. 0.24% of the stock is owned by company insiders.

Micron Technology Trading Up 4.3%

NASDAQ MU traded up $17.31 during mid-day trading on Friday, reaching $422.66. 19,036,583 shares of the stock were exchanged, compared to its average volume of 35,425,648. The stock has a market capitalization of $475.71 billion, a PE ratio of 40.00 and a beta of 1.50. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.78 and a current ratio of 2.46. Micron Technology, Inc. has a 1-year low of $61.54 and a 1-year high of $455.50. The business’s fifty day simple moving average is $389.13 and its 200 day simple moving average is $269.51.

Micron Technology (NASDAQ:MU) last issued its quarterly 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 during the quarter, compared to the consensus estimate of $12.62 billion. During the same period in the previous year, the firm posted $1.79 EPS. Micron Technology’s revenue 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, research analysts anticipate that Micron Technology, Inc. will post 6.08 earnings per share for the current fiscal year.

Micron Technology Announces Dividend

The firm also recently announced 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 annualized dividend and a yield of 0.1%. The ex-dividend date was Monday, December 29th. Micron Technology’s dividend payout ratio is presently 4.37%.

Trending Headlines about Micron Technology

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

• Positive Sentiment: Analysts expect Micron to beat Q2 estimates as AI-driven memory demand, better pricing and new chip ramps support revenue and margins. Micron Likely to Beat Q2 Earnings Estimates: Should You Buy the Stock?
• Positive Sentiment: HBM is sold out for 2026 and Micron reports strong fiscal Q1 revenue, margins and free cash flow—supporting the view that AI demand will keep pricing and profitability elevated. Micron’s Next Chapter Starts After Q2
• Positive Sentiment: Multiple analyst upgrades and higher price targets (including reports of Wolfe Research setting a $500 target and Susquehanna lifting its target) are fueling buying interest and sentiment. Micron (MU) Stock Surges as Wolfe Research Sets $500 Price Target on AI Memory Boom
• Neutral Sentiment: Third-party suppliers in the memory ecosystem (e.g., Aehr Test Systems) are winning AI-related orders — a potential indirect positive for Micron if NAND wafer testing demand expands, but impact on Micron revenue is uncertain. AEHR Keeps Winning: Up +100% With Memory Chip Deal Potential (MU)
• Neutral Sentiment: Market-interest writeups and crowd-wisdom pieces highlight MU’s strong YTD gains (~40%+ in recent weeks) and ownership dynamics ahead of earnings — useful context but not an immediate fundamental change. Micron Stock (MU) Gains 42% YTD — What Crowd Wisdom Signals Ahead of Q2 Earnings
• Negative Sentiment: Short-term profit-taking and headline-driven volatility have pushed MU lower in intraday sessions recently; a note highlights a steeper-than-market pullback on March 12. Traders should expect volatility around the recent 52-week high. Micron (MU) Falls More Steeply Than Broader Market: What Investors Need to Know
• Negative Sentiment: Despite strong fundamentals, some articles flag high short-term valuation and the risk of pullbacks after a large multi-quarter rally — a reminder that upside depends on continued AI demand and execution. Why Micron Stock Is Sinking Today

Analyst Ratings Changes

MU has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Micron Technology from $200.00 to $280.00 and gave the stock a “buy” rating in a research note on Tuesday, December 9th. Susquehanna increased their target price on Micron Technology from $345.00 to $525.00 and gave the company a “positive” rating in a report on Monday. Cantor Fitzgerald raised their price target on Micron Technology from $350.00 to $450.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 14th. TD Cowen boosted their price target on Micron Technology from $300.00 to $450.00 and gave the stock a “buy” rating in a report on Tuesday, January 20th. Finally, UBS Group upped their price objective on Micron Technology to $475.00 and gave the company a “buy” rating in a research report on Monday, March 2nd. Six research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, Micron Technology has a consensus rating of “Buy” and a consensus price target of $389.41.

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.