Micron Technology, Inc. $MU Shares Acquired by Mitsubishi UFJ Morgan Stanley Securities Co. Ltd.

Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. lifted its holdings in shares of Micron Technology, Inc. (NASDAQ:MU) by 250.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,446 shares of the semiconductor manufacturer’s stock after purchasing an additional 2,463 shares during the quarter. Micron Technology comprises approximately 9.7% of Mitsubishi UFJ Morgan Stanley Securities Co. Ltd.’s investment portfolio, making the stock its biggest position. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd.’s holdings in Micron Technology were worth $3,670,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Andar Capital Management HK Ltd lifted its position in Micron Technology by 856,960.3% in the second 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. Primecap Management Co. CA acquired a new stake in shares of Micron Technology during the second quarter valued at about $22,182,263,000. Legal & General Group Plc acquired a new stake in shares of Micron Technology during the second quarter valued at about $8,402,393,000. Situational Awareness LP increased its position in shares of Micron Technology by 1,149.0% during the second quarter. Situational Awareness LP now owns 4,828,786 shares of the semiconductor manufacturer’s stock valued at $5,573,819,000 after acquiring an additional 5,289,124 shares during the last quarter. Finally, Canada Pension Plan Investment Board purchased a new stake in shares of Micron Technology in the 2nd quarter valued at approximately $3,761,237,000. 80.84% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Micron Technology news, CEO Sanjay Mehrotra sold 40,000 shares of the firm’s stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $968.90, for a total value of $38,756,000.00. Following the completion of the transaction, the chief executive officer owned 264,503 shares of the company’s stock, valued at $256,276,956.70. This trade represents a 13.14% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Scott J. Deboer sold 28,545 shares of the business’s stock in a transaction on Friday, October 16th. The stock was sold at an average price of $900.00, for a total transaction of $25,690,500.00. Following the completion of the transaction, the insider owned 147,430 shares of the company’s stock, valued at approximately $132,687,000. This trade represents a 16.22% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 83,545 shares of company stock worth $78,460,850 in the last ninety days. 0.24% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. Robert W. Baird upped their price objective on shares of Micron Technology from $1,280.00 to $1,520.00 and gave the stock an “outperform” rating in a report on Monday, September 28th. CLSA reaffirmed an “outperform” rating and set a $1,700.00 price objective on shares of Micron Technology in a research report on Friday, October 2nd. Morgan Stanley reiterated an “overweight” rating and issued a $1,200.00 target price on shares of Micron Technology in a report on Thursday, October 1st. Zacks Research raised Micron Technology from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 6th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $1,500.00 target price on shares of Micron Technology in a research report on Thursday, October 1st. One equities research analyst has rated the stock with a Strong Buy rating, forty-one have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $1,407.88.

Micron Technology Stock Down 1.6%

Shares of NASDAQ:MU opened at $798.44 on Friday. The company has a debt-to-equity ratio of 0.03, a current ratio of 3.31 and a quick ratio of 2.94. The firm has a market capitalization of $903.37 billion, a PE ratio of 10.76, a price-to-earnings-growth ratio of 0.14 and a beta of 2.36. The firm’s 50-day moving average is $947.33 and its two-hundred day moving average is $762.45. Micron Technology, Inc. has a 1 year low of $192.59 and a 1 year high of $1,255.00.

Micron Technology (NASDAQ:MU) last posted its quarterly earnings data on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 EPS for the quarter, beating the consensus estimate of $31.77 by $1.65. Micron Technology had a net margin of 63.80% and a return on equity of 92.62%. The business had revenue of $54.23 billion during the quarter, compared to analyst estimates of $51.33 billion. During the same quarter last year, the firm posted $3.03 earnings per share. The business’s revenue for the quarter was up 379.1% compared to the same quarter last year. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. Analysts predict that Micron Technology, Inc. will post 174.19 EPS for the current year.

Micron Technology Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 29th. Investors of record on Wednesday, October 14th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Wednesday, October 14th. Micron Technology’s dividend payout ratio is presently 0.81%.

Micron Technology News Summary

Investors following MU have been watching these news items:

• Positive Sentiment: AI demand remains a key tailwind. CoreWeave raised its 2026 revenue outlook and said customer demand for AI computing substantially exceeds its capacity. Micron’s data-center businesses account for a large share of sales, linking the company to continued infrastructure spending. CoreWeave AI demand article
• Neutral Sentiment: Micron plans a $1 billion investment in Anthropic’s private placement. The move ties Micron more closely to the AI ecosystem, but the investment’s eventual returns and strategic benefits are uncertain. Micron Anthropic investment article
• Negative Sentiment: Nvidia-related uncertainty is pressuring semiconductor shares. Reports of a leadership shakeup involving CEO Jensen Huang unsettled investors because Micron’s memory-chip demand is tied partly to AI-chip and data-center growth. The concern contributed to a retreat after Wednesday’s rally. Why Micron stock pulled back

About Micron Technology

Micron Technology is a semiconductor company that designs and manufactures memory and storage products. Its portfolio includes dynamic random-access memory (DRAM), NAND flash memory, NOR flash memory, solid-state drives, and other memory solutions used in computing and electronic devices. Micron’s products serve a range of markets, including data centers, personal computers, smartphones, automotive systems, and industrial applications. The company sells its products and solutions to customers around the world.