MGO One Seven LLC Boosts Position in Micron Technology, Inc. $MU

MGO One Seven LLC increased its position in Micron Technology, Inc. (NASDAQ:MU) by 50.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,373 shares of the semiconductor manufacturer’s stock after purchasing an additional 2,817 shares during the quarter. MGO One Seven LLC’s holdings in Micron Technology were worth $1,401,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of MU. Meeder Asset Management Inc. boosted its position in Micron Technology by 4.0% during the 3rd quarter. Meeder Asset Management Inc. now owns 83,950 shares of the semiconductor manufacturer’s stock valued at $14,047,000 after acquiring an additional 3,229 shares in the last quarter. Citizens Financial Group Inc. RI boosted its position in Micron Technology by 14.0% during the third quarter. Citizens Financial Group Inc. RI now owns 10,790 shares of the semiconductor manufacturer’s stock valued at $1,805,000 after purchasing an additional 1,322 shares in the last quarter. Lodestone Wealth Management LLC grew its stake in Micron Technology by 3.2% in the third quarter. Lodestone Wealth Management LLC now owns 1,693 shares of the semiconductor manufacturer’s stock valued at $283,000 after purchasing an additional 53 shares during the last quarter. Tema Etfs LLC bought a new position in Micron Technology in the third quarter worth about $3,188,000. Finally, New York State Teachers Retirement System lifted its position in shares of Micron Technology by 1.1% during the third quarter. New York State Teachers Retirement System now owns 942,900 shares of the semiconductor manufacturer’s stock valued at $157,766,000 after buying an additional 10,079 shares during the last quarter. 80.84% of the stock is currently owned by hedge funds and other institutional investors.

Micron Technology Stock Up 1.0%

Shares of MU stock opened at $336.63 on Friday. Micron Technology, Inc. has a fifty-two week low of $61.54 and a fifty-two week high of $351.23. The firm has a market capitalization of $378.88 billion, a PE ratio of 32.00, a P/E/G ratio of 0.21 and a beta of 1.50. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.78 and a current ratio of 2.46. The stock’s 50-day simple moving average is $265.40 and its 200-day simple moving average is $190.13.

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

Micron Technology Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Shareholders of record on Monday, December 29th were given a dividend of $0.115 per share. This represents a $0.46 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Monday, December 29th. Micron Technology’s dividend payout ratio (DPR) is currently 4.37%.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Sanford C. Bernstein boosted their price objective on shares of Micron Technology from $270.00 to $330.00 and gave the stock an “outperform” rating in a research note on Friday, January 2nd. Mizuho raised their target price on shares of Micron Technology from $290.00 to $390.00 and gave the company an “outperform” rating in a research note on Friday, January 9th. Citigroup upped their price target on Micron Technology from $330.00 to $385.00 and gave the stock a “buy” rating in a research report on Thursday. Itau BBA Securities reiterated an “outperform” rating on shares of Micron Technology in a report on Thursday, December 18th. Finally, Wells Fargo & Company boosted their target price on Micron Technology from $335.00 to $410.00 and gave the stock an “overweight” rating in a research note on Thursday. Five investment analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $320.62.

Insider Buying and Selling at Micron Technology

In other news, CEO Sanjay Mehrotra sold 22,500 shares of the company’s stock in a transaction dated 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 sale, 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Mark J. Murphy sold 126,000 shares of the business’s stock in a transaction on Thursday, October 30th. The shares were sold at an average price of $225.31, for a total transaction of $28,389,060.00. Following the completion of the transaction, the chief financial officer owned 219,693 shares of the company’s stock, valued at approximately $49,499,029.83. This represents a 36.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 318,800 shares of company stock worth $72,333,387. Insiders own 0.24% of the company’s stock.

Micron Technology News Roundup

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

• Positive Sentiment: RBC Capital initiated coverage with an “Outperform” rating and a $425 price target, signaling fresh institutional support that can drive demand from fund managers. RBC Capital initiates coverage
• Positive Sentiment: Multiple firms raised price targets this morning (Cantor Fitzgerald to $450, Wells Fargo to $410, Citi to $385), reinforcing a bullish consensus and suggesting upside to current estimates. (See Benzinga/TickerReport coverage for the individual notes.) Analyst price target raises
• Positive Sentiment: MarketBeat highlights Micron’s aggressive HBM (high-bandwidth memory) ramp and booked-out capacity into 2026–2027 — a fundamental driver of revenue and margin upside as AI data-center demand remains tight. Micron: Accelerating HBM Ramp Extends Growth Into 2027
• Positive Sentiment: Insider buying: Director Teyin M. Liu purchased 11,600 shares (~$3.9M) at ~ $337 — a strong signal of management confidence that tends to be viewed favorably by investors. SEC filing: insider purchase
• Neutral Sentiment: Sector commentary (Zacks, others) keeps Micron among top semiconductor/AI picks, supporting demand but also placing MU in a widely owned thematic trade — which can amplify volatility. 4 Stocks to Watch
• Negative Sentiment: Competition and rotation stories surface: some pieces argue NVIDIA (and other AI chip plays) could outpace Micron as the next big AI beneficiary, which can reallocate flows away from memory names. After Micron’s surge, this AI chip stock could be next
• Negative Sentiment: Risk discussion: analytical pieces (Forbes) remind investors that MU has historically experienced sharp drawdowns (30%+ moves) and outline scenarios that could trigger large pullbacks, underscoring elevated volatility despite strong fundamentals. What Can Cause A 30% Drop In Micron Stock?
• Negative Sentiment: Some investors/authors are taking profits after the rapid rerating, which can add selling pressure and short-term volatility even amid bullish analyst revisions. Why I’m taking profits

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.