Micron Technology, Inc. $MU Position Boosted by Massachusetts Financial Services Co. MA

Massachusetts Financial Services Co. MA lifted its holdings in Micron Technology, Inc. (NASDAQ:MU) by 2,109.3% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 1,356,814 shares of the semiconductor manufacturer’s stock after acquiring an additional 1,295,401 shares during the quarter. Massachusetts Financial Services Co. MA’s holdings in Micron Technology were worth $1,576,786,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in MU. M.E. Allison & CO. Inc. lifted its position in shares of Micron Technology by 0.8% during the 2nd quarter. M.E. Allison & CO. Inc. now owns 1,324 shares of the semiconductor manufacturer’s stock valued at $1,528,000 after acquiring an additional 11 shares during the last quarter. Cherrydale Wealth Management LLC raised its position in shares of Micron Technology by 1.4% during the second quarter. Cherrydale Wealth Management LLC now owns 972 shares of the semiconductor manufacturer’s stock worth $1,122,000 after purchasing an additional 13 shares during the period. Red Door Wealth Management LLC lifted its holdings in shares of Micron Technology by 0.7% during the second quarter. Red Door Wealth Management LLC now owns 1,914 shares of the semiconductor manufacturer’s stock valued at $2,209,000 after purchasing an additional 14 shares during the last quarter. Signature Equity Partners LLC boosted its position in shares of Micron Technology by 6.3% in the 1st quarter. Signature Equity Partners LLC now owns 253 shares of the semiconductor manufacturer’s stock valued at $86,000 after purchasing an additional 15 shares during the period. Finally, Madrona Financial Services LLC increased its stake in Micron Technology by 1.0% in the 2nd quarter. Madrona Financial Services LLC now owns 1,543 shares of the semiconductor manufacturer’s stock worth $1,781,000 after purchasing an additional 16 shares in the last quarter. 80.84% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, CEO Sanjay Mehrotra sold 31,285 shares of the company’s stock in a transaction on Friday, July 24th. The shares were sold at an average price of $926.83, for a total value of $28,995,876.55. Following the transaction, the chief executive officer directly owned 313,218 shares of the company’s stock, valued at approximately $290,299,838.94. This represents a 9.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Sumit Sadana sold 15,000 shares of the stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $934.29, for a total value of $14,014,350.00. Following the sale, the executive vice president owned 191,021 shares of the company’s stock, valued at approximately $178,469,010.09. This represents a 7.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 177,179 shares of company stock worth $181,826,211. 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: $10 billion AI research investment: Micron unveiled Micron Research Labs, a Boise-based facility backed by a planned $10 billion investment over the next decade. The lab will focus on memory technology, advanced packaging, computing systems and future semiconductor manufacturing, potentially strengthening Micron’s competitive position in AI memory. Micron Unveils Micron Research Labs
• Positive Sentiment: AI is changing memory demand: CEO Sanjay Mehrotra said AI has “totally changed” the traditionally cyclical memory industry because AI systems cannot function without memory. His comments reinforce the view that demand for high-bandwidth memory, server DRAM and data-center storage could remain structurally strong rather than follow the usual boom-and-bust pattern. Micron CEO on AI and the memory industry
• Positive Sentiment: Industry-wide support: SK hynix’s roughly $28.6 billion share repurchase and cancellation program lifted confidence across memory stocks. Investors interpreted the move as evidence of strong cash generation, tight high-end memory supply and management confidence in AI-related demand, with Micron benefiting in sympathy. SK hynix buyback supports memory stocks
• Neutral Sentiment: Large-scale expansion: Micron’s planned $50 billion Idaho manufacturing buildout is expected to create jobs and expand U.S. memory capacity, but it is also straining local infrastructure. The spending should support long-term growth while increasing execution and capital-allocation demands. Micron’s Boise expansion
• Negative Sentiment: No immediate buyback: Unlike some rivals, Micron is prioritizing investment and may have to wait before returning capital through substantial share repurchases, which could make the stock less attractive to investors seeking near-term shareholder distributions. Why Micron is not joining the memory buyback wave
• Negative Sentiment: Institutional selling and valuation risk: Stanley Druckenmiller’s Duquesne Family Office reportedly exited Micron during the second quarter, while recent commentary has warned that AI-related spending and memory pricing may still be cyclical. Micron’s sharp prior pullback also highlights the stock’s volatility and sensitivity to macroeconomic and semiconductor-sector sentiment.

Micron Technology Trading Up 4.0%

NASDAQ:MU opened at $974.33 on Friday. The stock has a market cap of $1.10 trillion, a PE ratio of 22.06 and a beta of 2.18. Micron Technology, Inc. has a fifty-two week low of $114.25 and a fifty-two week high of $1,255.00. The company has a debt-to-equity ratio of 0.05, a current ratio of 3.42 and a quick ratio of 2.98. The stock’s 50-day moving average is $967.32 and its two-hundred day moving average is $694.37.

Micron Technology (NASDAQ:MU) last posted its quarterly earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $21.39 by $3.72. The business had revenue of $41.46 billion during the quarter, compared to analyst estimates of $35.91 billion. Micron Technology had a net margin of 55.91% and a return on equity of 71.13%. The firm’s revenue was up 345.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.91 earnings per share. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. As a group, equities research analysts forecast that Micron Technology, Inc. will post 72.93 earnings per share for the current fiscal year.

Micron Technology Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 21st. Shareholders of record on Monday, July 6th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.1%. The ex-dividend date was Monday, July 6th. Micron Technology’s dividend payout ratio is currently 1.36%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on MU shares. UBS Group reiterated a “buy” rating on shares of Micron Technology in a report on Monday, August 10th. Needham & Company LLC boosted their price target on shares of Micron Technology from $1,550.00 to $1,650.00 and gave the company a “buy” rating in a report on Thursday, June 25th. Stifel Nicolaus upped their price target on shares of Micron Technology from $550.00 to $1,500.00 and gave the company a “buy” rating in a research report on Thursday, June 18th. KeyCorp reaffirmed an “overweight” rating on shares of Micron Technology in a research note on Monday, July 20th. Finally, Sanford C. Bernstein set a $1,300.00 price objective on shares of Micron Technology in a research report on Monday, June 22nd. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $1,259.97.

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.