Chapin Davis Inc. Invests $9.08 Million in Micron Technology, Inc. $MU

Chapin Davis Inc. acquired a new position in Micron Technology, Inc. (NASDAQ:MU) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 31,822 shares of the semiconductor manufacturer’s stock, valued at approximately $9,082,000. Micron Technology makes up 2.1% of Chapin Davis Inc.’s holdings, making the stock its 11th largest holding.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. raised its stake in shares of Micron Technology by 1.9% in the 4th quarter. Vanguard Group Inc. now owns 106,608,094 shares of the semiconductor manufacturer’s stock worth $30,427,016,000 after buying an additional 1,954,644 shares in the last quarter. State Street Corp raised its stake in shares of Micron Technology by 0.6% in the 3rd quarter. State Street Corp now owns 51,659,173 shares of the semiconductor manufacturer’s stock worth $8,643,613,000 after buying an additional 285,582 shares in the last quarter. Capital International Investors raised its stake in shares of Micron Technology by 0.7% in the 3rd quarter. Capital International Investors now owns 23,372,821 shares of the semiconductor manufacturer’s stock worth $3,910,198,000 after buying an additional 155,860 shares in the last quarter. Invesco Ltd. raised its stake in shares of Micron Technology by 8.0% in the 3rd quarter. Invesco Ltd. now owns 9,622,166 shares of the semiconductor manufacturer’s stock worth $1,609,981,000 after buying an additional 708,716 shares in the last quarter. Finally, Legal & General Group Plc raised its position in shares of Micron Technology by 1.9% during the third quarter. Legal & General Group Plc now owns 7,275,842 shares of the semiconductor manufacturer’s stock worth $1,217,394,000 after purchasing an additional 135,850 shares during the period. Institutional investors own 80.84% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on MU shares. Phillip Securities raised Micron Technology to a “strong-buy” rating in a research report on Monday, February 2nd. HSBC boosted their target price on Micron Technology from $350.00 to $500.00 and gave the stock a “buy” rating in a research report on Friday, January 23rd. Royal Bank Of Canada boosted their target price on Micron Technology from $425.00 to $525.00 and gave the stock an “outperform” rating in a research report on Monday, March 16th. UBS Group boosted their target price on Micron Technology from $510.00 to $535.00 and gave the stock a “buy” rating in a research report on Wednesday, April 8th. Finally, Piper Sandler boosted their target price on Micron Technology from $275.00 to $400.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 7th. Five investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, Micron Technology presently has a consensus rating of “Buy” and an average price target of $495.63.

Insider Buying and Selling at Micron Technology

In related news, EVP Sumit Sadana sold 25,000 shares of the company’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $429.89, for a total transaction of $10,747,250.00. Following the transaction, the executive vice president directly owned 248,021 shares of the company’s stock, valued at approximately $106,621,747.69. The trade was a 9.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP April S. Arnzen sold 40,000 shares of the company’s 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 transaction, the executive vice president directly owned 125,737 shares in the company, valued at $43,679,776.43. The trade was a 24.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 89,000 shares of company stock worth $34,755,250 over the last three months. 0.24% of the stock is owned by insiders.

Micron Technology Stock Down 3.9%

NASDAQ:MU opened at $504.29 on Wednesday. The firm has a market capitalization of $568.70 billion, a price-to-earnings ratio of 23.81 and a beta of 1.60. Micron Technology, Inc. has a 1-year low of $73.50 and a 1-year high of $531.36. The company has a current ratio of 2.90, a quick ratio of 2.32 and a debt-to-equity ratio of 0.13. The business’s fifty day moving average price is $418.18 and its 200 day moving average price is $333.90.

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. The ex-dividend date of this dividend was Monday, March 30th. This is a positive change from Micron Technology’s previous quarterly dividend of $0.12. This represents a $0.60 annualized dividend and a yield of 0.1%. Micron Technology’s payout ratio is presently 2.83%.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: Seagate’s upbeat revenue/profit forecast lifted storage stocks, reinforcing investor confidence that enterprise AI spending will keep demand for DRAM, HBM and SSDs high — a direct tailwind for Micron’s memory businesses. Storage stocks jump as Seagate’s upbeat forecast fuels confidence in AI spending
• Positive Sentiment: Wall Street bullishness is mounting: DA Davidson started coverage at Buy with a $1,000 target and TD Cowen boosted its target to $660; multiple firms (Melius, Lynx, others) have raised targets — these upgrades support upside expectations and analyst-driven flows into MU. DA Davidson Initiates Micron at Buy With a $1,000 Price Target
• Positive Sentiment: Market chatter and data summaries point to HBM capacity sellouts and sustained hyperscaler demand for advanced memory, reinforcing medium‑term revenue visibility for Micron’s AI‑oriented product mix. Micron Technology Stock (MU) Opinions on HBM Sellout and Price Milestone
• Neutral Sentiment: Unusually heavy MU options activity and investor searches can amplify intraday moves — this increases volatility but doesn’t change the underlying AI demand story. Micron Stock Keeps Soaring, as Investors Make Unusually Heavy MU Option Trades
• Neutral Sentiment: Upcoming Q3 2026 earnings are a near‑term catalyst; analysts expect big year‑over‑year improvement, so results and guide will likely dictate the next sustained move. What to Expect From Micron Technology’s Q3 2026 Earnings Report
• Negative Sentiment: Morning reports that OpenAI missed internal targets rattled the AI infrastructure complex and raised questions about the pace of hyperscaler capex — a potential headwind for near‑term memory spending if sustained. Is the AI CapEx Trade Cracking? 5 Stocks Most Exposed If OpenAI’s Slowdown Is Real
• Negative Sentiment: Profit‑taking and cautionary commentary (analysts/columnists noting the rally needs fresh fundamental catalysts) plus notable insider selling flagged in data summaries are pressuring the stock despite bullish forecasts — a key reason MU trimmed today. Micron’s stock has boomed on AI optimism. Now comes the ‘tricky part. Micron Technology insider & sentiment summary

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.