UNIVEST FINANCIAL Corp Acquires 9,646 Shares of Micron Technology, Inc. $MU

UNIVEST FINANCIAL Corp increased its holdings in Micron Technology, Inc. (NASDAQ:MU) by 11.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 97,450 shares of the semiconductor manufacturer’s stock after buying an additional 9,646 shares during the quarter. Micron Technology accounts for about 0.9% of UNIVEST FINANCIAL Corp’s investment portfolio, making the stock its 22nd largest position. UNIVEST FINANCIAL Corp’s holdings in Micron Technology were worth $16,305,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of Micron Technology during the 2nd quarter worth $1,980,700,000. Slate Path Capital LP bought a new position in Micron Technology in the 2nd quarter worth $317,751,000. Vanguard Group Inc. lifted its position in Micron Technology by 1.9% during the second quarter. Vanguard Group Inc. now owns 103,879,662 shares of the semiconductor manufacturer’s stock valued at $12,803,168,000 after purchasing an additional 1,973,294 shares in the last quarter. State Street Corp lifted its position in Micron Technology by 2.7% during the second quarter. State Street Corp now owns 51,373,591 shares of the semiconductor manufacturer’s stock valued at $6,331,795,000 after purchasing an additional 1,349,713 shares in the last quarter. Finally, Orbis Allan Gray Ltd grew its holdings in Micron Technology by 50.2% during the second quarter. Orbis Allan Gray Ltd now owns 3,457,726 shares of the semiconductor manufacturer’s stock valued at $426,165,000 after purchasing an additional 1,156,086 shares during the period. 80.84% of the stock is owned by hedge funds and other institutional investors.

More Micron Technology News

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

• Positive Sentiment: Stifel raised its price target to $360 and kept a Buy rating, citing AI cloud demand and the company’s strategic fab acquisition as margin and supply levers that improve Micron’s pricing power. Stifel Raises Micron Technology (MU) Price Target to $360, Keeps Buy Rating
• Positive Sentiment: TD Cowen boosted its price target to $450, another major analyst upgrade that supports the narrative of multi-year memory tightness and rising ASPs. TD Cowen Increases Micron Technology (NASDAQ:MU) Price Target to $450.00
• Positive Sentiment: Additional broker interest: William Blair initiated coverage with an Outperform, Rosenblatt reiterated a Buy — broadening analyst support that can attract institutional flows. William Blair coverage (source) Micron Technology (NASDAQ:MU) Earns “Buy” Rating from Rosenblatt Securities
• Positive Sentiment: Recent quarterly beat and strong guidance (large YoY revenue and EPS gains; high Q2 guidance midpoint) underpin higher analyst estimates and valuation expansion. Micron: This Party Is Just Getting Started
• Positive Sentiment: Insider buy: a senior insider (Teyin Liu) purchased roughly $7.8M of MU stock — a signal of insider confidence that often supports rallies. Micron insider Teyin Liu just bought $7.8 million in MU stock
• Positive Sentiment: Strategic fab move: Micron’s ~$1.8B investment/acquisition of a Taiwan fab strengthens capacity control vs. competitors, supporting medium-term pricing and supply discipline. Why is Micron stock surging nearly 7% on Wednesday?
• Neutral Sentiment: Previews and positioning: analysts expect another strong fiscal Q2 driven by improving market conditions and AI demand; this sets expectations but also increases the bar for the next release. Here’s What to Expect From Micron Technology’s Next Earnings Report
• Neutral Sentiment: Momentum context: coverage and data services note MU is trending with analysts amid the AI memory supercycle; useful for sentiment but not new fundamental news. Micron Trending With Analysts Amid AI Memory Supercycle
• Negative Sentiment: Contrarian view: at least one analyst/column argues the rally is extended and recommends selling, warning of cyclical risk if AI demand or pricing reverses — a reminder of downside risk on any sell-off. Micron: This Time Is Not Different, It’s Time To ‘Sell’ (Downgrade)

Micron Technology Price Performance

Shares of NASDAQ:MU opened at $397.58 on Friday. 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 firm has a fifty day moving average price of $278.66 and a 200 day moving average price of $198.93. Micron Technology, Inc. has a fifty-two week low of $61.54 and a fifty-two week high of $397.78. The firm has a market cap of $447.48 billion, a price-to-earnings ratio of 37.79 and a beta of 1.50.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.77 by $1.01. Micron Technology had a net margin of 28.15% and a return on equity of 22.71%. The company had revenue of $13.64 billion for the quarter, compared to the consensus estimate of $12.62 billion. During the same period in the previous year, the firm posted $1.79 EPS. Micron Technology’s revenue for the quarter 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. As a group, sell-side analysts expect that Micron Technology, Inc. will post 6.08 earnings per share for the current fiscal year.

Micron Technology Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Monday, December 29th were paid a dividend of $0.115 per share. The ex-dividend date of this dividend was Monday, December 29th. This represents a $0.46 dividend on an annualized basis and a yield of 0.1%. Micron Technology’s dividend payout ratio is presently 4.37%.

Insider Activity

In other Micron Technology news, EVP Scott J. Deboer sold 82,000 shares of the stock in a transaction on Monday, October 27th. The shares were sold at an average price of $222.81, for a total transaction of $18,270,420.00. Following the completion of the transaction, the executive vice president owned 154,145 shares in the company, valued at $34,345,047.45. This trade represents a 34.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Teyin M. Liu acquired 11,600 shares of the company’s stock in a transaction on Wednesday, January 14th. The stock was acquired at an average cost of $337.22 per share, with a total value of $3,911,752.00. Following the completion of the purchase, the director directly owned 25,910 shares in the company, valued at approximately $8,737,370.20. This represents a 81.06% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders sold 287,500 shares of company stock worth $65,892,908. 0.24% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on MU shares. Stifel Nicolaus raised their price objective on Micron Technology from $300.00 to $360.00 and gave the stock a “buy” rating in a research note on Tuesday. Citigroup increased their target price on shares of Micron Technology from $330.00 to $385.00 and gave the stock a “buy” rating in a report on Thursday, January 15th. UBS Group lifted their price target on shares of Micron Technology from $300.00 to $400.00 and gave the company a “buy” rating in a report on Wednesday, January 7th. Wolfe Research increased their price objective on shares of Micron Technology from $300.00 to $350.00 and gave the stock an “outperform” rating in a research note on Thursday, December 18th. Finally, William Blair started coverage on shares of Micron Technology in a research report on Thursday. They set an “outperform” rating on the stock. Four analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $340.79.

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.