1,468 Shares in Micron Technology, Inc. $MU Acquired by Parsons Capital Management Inc. RI

Parsons Capital Management Inc. RI bought a new position in shares of Micron Technology, Inc. (NASDAQ:MU) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,468 shares of the semiconductor manufacturer’s stock, valued at approximately $246,000.

A number of other hedge funds have also recently made changes to their positions in MU. First Command Advisory Services Inc. raised its stake in shares of Micron Technology by 225.0% during the 2nd quarter. First Command Advisory Services Inc. now owns 221 shares of the semiconductor manufacturer’s stock worth $27,000 after acquiring an additional 153 shares in the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new position in Micron Technology in the third quarter worth $27,000. Howard Hughes Medical Institute purchased a new position in Micron Technology in the second quarter worth $30,000. AlphaQuest LLC increased its position in shares of Micron Technology by 13,250.0% during the second quarter. AlphaQuest LLC now owns 267 shares of the semiconductor manufacturer’s stock worth $33,000 after purchasing an additional 265 shares in the last quarter. Finally, WealthCollab LLC lifted its holdings in shares of Micron Technology by 4,500.0% during the 2nd quarter. WealthCollab LLC now owns 276 shares of the semiconductor manufacturer’s stock valued at $34,000 after purchasing an additional 270 shares during the last quarter. 80.84% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Micron Technology news, Director Teyin M. Liu purchased 11,600 shares of Micron Technology stock in a transaction that occurred on Wednesday, January 14th. The stock was bought at an average price of $337.22 per share, with a total value of $3,911,752.00. Following the acquisition, the director owned 25,910 shares of the company’s stock, valued at $8,737,370.20. This trade represents a 81.06% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Sanjay Mehrotra sold 22,500 shares of the stock in a transaction that occurred on Monday, October 27th. The stock was sold at an average price of $220.72, for a total value of $4,966,200.00. Following the transaction, the chief executive officer owned 446,578 shares in the company, valued at $98,568,696.16. This represents a 4.80% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 287,500 shares of company stock valued at $65,892,908. Insiders own 0.24% of the company’s stock.

Analysts Set New Price Targets

MU has been the subject of a number of research analyst reports. Stifel Nicolaus increased their price target on Micron Technology from $300.00 to $360.00 and gave the company a “buy” rating in a research note on Tuesday. Piper Sandler lifted their target price on shares of Micron Technology from $275.00 to $400.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 7th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Micron Technology from $200.00 to $280.00 and gave the company a “buy” rating in a research note on Tuesday, December 9th. Weiss Ratings raised shares of Micron Technology from a “hold (c+)” rating to a “buy (b-)” rating in a report on Saturday, November 1st. Finally, Mizuho raised their target price on Micron Technology from $290.00 to $390.00 and gave the stock an “outperform” rating in a research note on Friday, January 9th. Four investment analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $340.79.

Micron Technology Trading Up 6.6%

NASDAQ MU opened at $389.11 on Thursday. Micron Technology, Inc. has a 1 year low of $61.54 and a 1 year high of $394.20. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.46 and a quick ratio of 1.78. The company has a market capitalization of $437.95 billion, a PE ratio of 36.99 and a beta of 1.50. The company has a fifty day moving average of $275.45 and a 200 day moving average of $197.54.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share for the quarter, topping the consensus estimate of $3.77 by $1.01. The company had revenue of $13.64 billion for the quarter, compared to the consensus estimate of $12.62 billion. Micron Technology had a return on equity of 22.71% and a net margin of 28.15%.The firm’s revenue for the quarter was up 56.7% compared to the same quarter last year. During the same period last year, the firm earned $1.79 EPS. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. Research analysts forecast that Micron Technology, Inc. will post 6.08 earnings per share for the current year.

Micron Technology Announces Dividend

The company 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 dividend yield of 0.1%. The ex-dividend date was Monday, December 29th. Micron Technology’s payout ratio is currently 4.37%.

Micron Technology News Summary

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

• Positive Sentiment: Wall Street price-target upgrades and buy ratings are piling in, reinforcing bullish momentum and institutional demand; analysts cited AI/cloud memory strength and margin leverage when raising targets. Stifel Raises Micron Price Target
• Positive Sentiment: Micron’s strategic acquisition of a Taiwan fabrication site (reported ~$1.8B) and executive comments that AI customers are buying through product lines have convinced investors the company can lock in pricing power and secure supply for years. Why MU Stock is Surging
• Positive Sentiment: Company commentary and coverage note “100% sell-through” of certain AI memory products to large cloud/AI customers and continued fab/megafab expansion (New York groundbreaking), supporting sustained revenue and margin upside. Megafab Groundbreaking & Taiwan Deal
• Neutral Sentiment: Shareholders approved leadership/governance changes at the annual meeting, reducing activism risk and clearing the path for management’s strategic plans. Shareholders Back Governance Changes
• Neutral Sentiment: Technical/order-flow signals (Power Inflow alerts) and heavy retail/institutional chatter have amplified intraday momentum — helpful for short-term traders but adds volatility risk. Trading Signal Coverage
• Negative Sentiment: Short interest has grown materially in recent reporting, which can amplify volatility on any negative headlines or profit-taking. Short Interest Rises
• Negative Sentiment: Insider selling has been heavy (many senior execs recorded sales over the past 6 months), a datapoint some investors view as a caution even amid strong institutional buying. Insider Trading & Institutional Flows

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.