Tejara Capital Ltd Buys Shares of 1,000 Micron Technology, Inc. $MU

Tejara Capital Ltd bought a new position in Micron Technology, Inc. (NASDAQ:MU) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 1,000 shares of the semiconductor manufacturer’s stock, valued at approximately $1,154,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Andar Capital Management HK Ltd lifted its holdings in shares of Micron Technology by 856,960.3% during the 2nd quarter. Andar Capital Management HK Ltd now owns 34,282,413 shares of the semiconductor manufacturer’s stock valued at $39,571,847,000 after buying an additional 34,278,413 shares during the last quarter. Norges Bank acquired a new position in Micron Technology in the fourth quarter worth approximately $6,433,456,000. AQR Capital Management LLC raised its position in Micron Technology by 411.9% during the third quarter. AQR Capital Management LLC now owns 3,627,022 shares of the semiconductor manufacturer’s stock valued at $606,873,000 after acquiring an additional 2,918,535 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its position in Micron Technology by 1,340.6% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 2,820,986 shares of the semiconductor manufacturer’s stock valued at $805,148,000 after acquiring an additional 2,625,169 shares in the last quarter. Finally, Amundi lifted its stake in Micron Technology by 65.0% in the fourth quarter. Amundi now owns 4,989,400 shares of the semiconductor manufacturer’s stock valued at $1,424,025,000 after acquiring an additional 1,965,319 shares during the last quarter. 80.84% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CAO Scott R. Allen sold 879 shares of the stock in a transaction that occurred on Thursday, July 23rd. The stock was sold at an average price of $1,000.00, for a total transaction of $879,000.00. Following the completion of the sale, the chief accounting officer owned 34,958 shares in the company, valued at $34,958,000. This represents a 2.45% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP April S. Arnzen sold 40,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $1,083.94, for a total value of $43,357,600.00. Following the completion of the sale, the executive vice president directly owned 85,737 shares in the company, valued at $92,933,763.78. This trade represents a 31.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 177,204 shares of company stock valued at $182,156,264 in the last quarter. Insiders own 0.24% of the company’s stock.

Micron Technology Trading Up 2.8%

NASDAQ:MU opened at $958.73 on Tuesday. The company’s 50 day moving average is $946.58 and its 200-day moving average is $721.17. The company has a quick ratio of 2.98, a current ratio of 3.42 and a debt-to-equity ratio of 0.05. Micron Technology, Inc. has a 12 month low of $114.25 and a 12 month high of $1,255.00. The firm has a market cap of $1.08 trillion, a price-to-earnings ratio of 21.71 and a beta of 2.19.

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

Micron Technology Dividend Announcement

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

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Wells Fargo & Company boosted their target price on shares of Micron Technology from $1,220.00 to $1,525.00 and gave the stock an “overweight” rating in a research report on Thursday, June 25th. Sanford C. Bernstein set a $1,300.00 price objective on shares of Micron Technology in a research note on Monday, June 22nd. Citigroup decreased their price objective on shares of Micron Technology from $1,400.00 to $1,150.00 and set a “buy” rating for the company in a report on Friday, August 7th. Cantor Fitzgerald reissued an “overweight” rating and set a $1,500.00 target price on shares of Micron Technology in a research report on Thursday, June 25th. Finally, Zacks Research downgraded shares of Micron Technology from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 19th. Four analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $1,295.63.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: Investor optimism is being driven by expectations that hyperscalers are committing billions of dollars through supply and capacity agreements, potentially giving Micron more predictable cash flow and reducing the historical cyclicality of its memory business. AI-related demand for high-bandwidth memory (HBM) and next-generation “agentic AI” infrastructure is viewed as a major growth catalyst. Micron: Hyperscalers Bought The Fab, Bears Bought Fairy Tales
• Positive Sentiment: Several reports characterize MU as attractive after its pullback from the June peak. Technical analysts point to long-term trend support, while bullish investors cite a low forward earnings multiple relative to projected revenue growth and rising memory prices. A break above roughly $971 could improve momentum and open the possibility of a move toward $1,057. Micron Stock Flashing Intriguing Buy the Dip Signal
• Positive Sentiment: Government and industry attention is also supportive: President Trump called Micron one of the world’s “hottest” companies and highlighted its planned $10 billion research investment, reinforcing expectations for U.S. semiconductor support and long-term AI infrastructure spending. Trump Praises Nvidia CEO Jensen Huang, Calls Micron One of the World’s Hottest Companies
• Neutral Sentiment: Momentum has weakened below the $971 breakout level, leaving the stock vulnerable to another failed breakout even though it remains above longer-term support. Investors are also awaiting fiscal fourth-quarter results on September 30 for confirmation that elevated memory pricing and AI demand are translating into sustainable earnings. Micron Is Stuck Below $971
• Negative Sentiment: China’s CXMT has reportedly begun producing small quantities of HBM3E and is advancing in smartphone memory, raising concerns about future pricing pressure, market-share losses and supply shocks. Potential semiconductor tariffs could likewise increase costs for AI customers and complicate Micron’s expansion plans. Micron Under Threat as China’s CXMT Delivers Cutting-Edge Chip
• Negative Sentiment: Risks include heavy capital spending, elevated insider selling and the possibility that memory deflation, technological substitution or stronger competition after 2027 could compress margins and reduce MU’s valuation multiple.

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.