Fort Washington Investment Advisors Inc. OH cut its stake in shares of Micron Technology, Inc. (NASDAQ:MU – Free Report) by 25.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 166,191 shares of the semiconductor manufacturer’s stock after selling 57,438 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in Micron Technology were worth $47,433,000 at the end of the most recent quarter.
A number of other institutional investors also recently made changes to their positions in MU. Norges Bank bought a new position in shares of Micron Technology during the second quarter worth approximately $1,980,700,000. AQR Capital Management LLC boosted its stake in Micron Technology by 411.9% in the 3rd quarter. AQR Capital Management LLC now owns 3,627,022 shares of the semiconductor manufacturer’s stock valued at $606,873,000 after purchasing an additional 2,918,535 shares during the period. Slate Path Capital LP acquired a new position in Micron Technology in the 2nd quarter valued at $317,751,000. State Street Corp grew its holdings in Micron Technology by 2.7% in the 2nd quarter. State Street Corp now owns 51,373,591 shares of the semiconductor manufacturer’s stock valued at $6,331,795,000 after buying an additional 1,349,713 shares in the last quarter. Finally, California Public Employees Retirement System increased its position in Micron Technology by 70.2% during the 3rd quarter. California Public Employees Retirement System now owns 3,023,799 shares of the semiconductor manufacturer’s stock worth $505,942,000 after buying an additional 1,246,773 shares during the period. Institutional investors own 80.84% of the company’s stock.
Micron Technology Stock Down 7.0%
Shares of NASDAQ MU opened at $355.43 on Friday. The stock has a market capitalization of $400.83 billion, a P/E ratio of 16.78 and a beta of 1.50. The stock’s fifty day moving average is $406.31 and its 200 day moving average is $290.29. Micron Technology, Inc. has a 52 week low of $61.54 and a 52 week high of $471.34. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.32 and a current ratio of 2.90.
Micron Technology Increases Dividend
Insider Activity
In other news, Director Teyin M. Liu bought 11,600 shares of the company’s stock in a transaction dated Tuesday, January 13th. The stock was bought at an average cost of $337.07 per share, for a total transaction of $3,910,012.00. Following 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 ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Scott R. Allen sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $337.50, for a total transaction of $675,000.00. Following the sale, the chief accounting officer directly owned 38,237 shares of the company’s stock, valued at approximately $12,904,987.50. This trade represents a 4.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have purchased 23,200 shares of company stock valued at $7,821,723 and have sold 53,623 shares valued at $21,832,908. 0.24% of the stock is currently owned by corporate insiders.
Analyst Ratings Changes
A number of equities research analysts have recently weighed in on MU shares. Deutsche Bank Aktiengesellschaft lifted their target price on Micron Technology from $500.00 to $550.00 and gave the stock a “buy” rating in a report on Thursday, March 19th. Cantor Fitzgerald raised their price target on shares of Micron Technology from $450.00 to $700.00 and gave the stock an “overweight” rating in a research report on Thursday, March 19th. Rosenblatt Securities reiterated a “buy” rating and issued a $500.00 price objective on shares of Micron Technology in a research note on Monday, March 16th. UBS Group boosted their price objective on shares of Micron Technology from $475.00 to $510.00 and gave the company a “buy” rating in a report on Thursday, March 19th. Finally, Piper Sandler increased their target price on shares of Micron Technology from $275.00 to $400.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 7th. Five research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $466.75.
Get Our Latest Stock Analysis on MU
Trending Headlines about Micron Technology
Here are the key news stories impacting Micron Technology this week:
- Positive Sentiment: Wall Street remains constructive: Micron has been one of the most upgraded names in 2026 with elevated price targets and a bullish analyst consensus that suggests meaningful upside from current levels. MarketBeat: Analyst Optimism — Most Upgraded Stocks of 2026
- Positive Sentiment: Fundamentals remain strong: management reported a blockbuster quarter with revenue and margin expansion driven by AI/DRAM demand and HBM shortages, supporting long?term earnings upside. 24/7 Wall St.: Micron’s Future Hinges on 2 Emerging Challenges
- Neutral Sentiment: Balance?sheet action: Micron launched cash tender offers to buy back multiple series of senior notes (offers expire March 31), a debt?management move that reduces outstanding debt but may create short?term noise around cash use and capital allocation. GlobeNewswire: Micron Announces Cash Tender Offers
- Negative Sentiment: New AI compression research from Google raised fears that LLMs could require far less memory (reports cite up to ~6x reduction), directly threatening future DRAM/HBM demand assumptions for data?center customers. CNBC: Google AI breakthrough pressures memory chip stocks
- Negative Sentiment: Demand/order concerns and downgrades: analysts and note?writers flagged potential softness in DRAM orders, concentration risk among large buyers and the possibility that some orders were front?loaded — prompting downgrades and caution. Seeking Alpha: Micron — Softness in DRAM Orders (Downgrade)
- Negative Sentiment: Quant and technical selling amplified the pullback: chart weakness and algorithmic strategies (reported in market commentary) have hit memory names, accelerating profit?taking after a multi?hundred?percent rally. Barron’s: Semiconductor Stocks Are Losing Momentum — Nvidia and Micron Charts
- Negative Sentiment: Broader market pressure: geopolitical headlines and a risk?off move (oil surge, market declines) weighed on cyclical and tech names, contributing to intraday weakness in Micron alongside peers. Yahoo Finance: Stock Market Today — Dow Drops; Micron Tumbles
Micron Technology 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.
Further Reading
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