GAMMA Investing LLC Acquires 3,053 Shares of Micron Technology, Inc. $MU

GAMMA Investing LLC boosted its holdings in Micron Technology, Inc. (NASDAQ:MU) by 14.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 23,811 shares of the semiconductor manufacturer’s stock after buying an additional 3,053 shares during the period. GAMMA Investing LLC’s holdings in Micron Technology were worth $6,796,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in shares of Micron Technology by 0.7% in the 3rd quarter. Vanguard Group Inc. now owns 104,653,450 shares of the semiconductor manufacturer’s stock valued at $17,510,615,000 after purchasing an additional 773,788 shares during the period. State Street Corp increased its holdings in Micron Technology by 0.6% in the third quarter. State Street Corp now owns 51,659,173 shares of the semiconductor manufacturer’s stock valued at $8,643,613,000 after purchasing an additional 285,582 shares during the last quarter. Capital International Investors lifted its stake in Micron Technology by 0.7% in the third quarter. Capital International Investors now owns 23,372,821 shares of the semiconductor manufacturer’s stock valued at $3,910,198,000 after buying an additional 155,860 shares during the period. Norges Bank acquired a new position in Micron Technology in the second quarter valued at about $1,980,700,000. Finally, Invesco Ltd. boosted its holdings in Micron Technology by 8.0% during the third quarter. Invesco Ltd. now owns 9,622,166 shares of the semiconductor manufacturer’s stock worth $1,609,981,000 after buying an additional 708,716 shares during the last quarter. 80.84% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. TD Cowen upped their price target on Micron Technology from $450.00 to $500.00 and gave the company a “buy” rating in a research note on Monday. Raymond James Financial lifted their price objective on shares of Micron Technology from $190.00 to $310.00 and gave the stock an “outperform” rating in a research note on Thursday, December 18th. Cantor Fitzgerald boosted their price objective on shares of Micron Technology from $350.00 to $450.00 and gave the company an “overweight” rating in a report on Wednesday, January 14th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $360.00 target price on shares of Micron Technology in a research note on Monday, March 2nd. Finally, Deutsche Bank Aktiengesellschaft increased their target price on shares of Micron Technology from $200.00 to $280.00 and gave the stock a “buy” rating in a report on Tuesday, December 9th. Six analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $400.79.

Insiders Place Their Bets

In other news, EVP April S. Arnzen sold 15,000 shares of the firm’s stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $277.09, for a total transaction of $4,156,350.00. Following the completion of the transaction, the executive vice president directly owned 165,618 shares of the company’s stock, valued at $45,891,091.62. This trade represents a 8.30% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Teyin M. Liu acquired 7,820 shares of the stock in a transaction dated Wednesday, January 14th. The stock was acquired at an average price of $337.50 per share, for a total transaction of $2,639,250.00. Following the completion of the acquisition, the director directly owned 25,910 shares of the company’s stock, valued at $8,744,625. The trade was a 43.23% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders have acquired 23,200 shares of company stock worth $7,821,723 and have sold 73,623 shares worth $27,307,408. 0.24% of the stock is owned by corporate insiders.

Micron Technology News Summary

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

• Positive Sentiment: Q2 results and upside guidance — Micron reported record fiscal Q2 revenue of ~$23.9B and EPS ~ $12.20, and issued extraordinary Q3 guidance (management indicated ~ $33.5B revenue and very strong gross margins), confirming robust AI-driven demand. Wall Street Breakfast Podcast: Micron Tops, Shares Fall
• Positive Sentiment: Analyst bullishness and price-target lifts — Multiple shops hiked forecasts (Bernstein raised its PT substantially; William Blair reaffirmed/maintained a Buy), supporting a higher consensus valuation on sustained AI memory pricing power. Micron Technology: Buy Rating on Surging Demand, Pricing Power, and Strong Multi‑Year Growth Outlook
• Positive Sentiment: Dividend increase — Micron raised its quarterly payout ~30% to $0.15, signaling confidence in cash generation and returning capital to shareholders (ex-dividend March 30).
• Neutral Sentiment: Product and capacity ramp — Micron said HBM4 and PCIe Gen6 SSDs are in production and it expanded advanced DRAM capacity (positive long-term, but timing and yield ramps matter). Micron’s New HBM4 And PCIe Gen6 SSDs Test Lofty AI Valuation
• Negative Sentiment: Heavier capex guidance spooks investors — management signaled “meaningfully” higher spending to meet AI demand; markets marked the stock down as higher capex raises near-term dilution of free cash flow and execution risk. Micron shares slip as hefty spending plans eclipse strong AI-fueled earnings
• Negative Sentiment: Operational/power and geopolitical risks — commentary and market notes flagged potential supply growth, data‑center power constraints and even regional energy disruptions (Qatar incident) as reasons the stock trimmed gains despite the beat. Micron stock: why attack on Qatar’s energy facility is bearish for it

Micron Technology Price Performance

Shares of NASDAQ MU opened at $461.73 on Thursday. The company has a fifty day moving average price of $398.74 and a 200 day moving average price of $279.79. The firm has a market cap of $519.68 billion, a PE ratio of 43.89 and a beta of 1.50. The company has a current ratio of 2.46, a quick ratio of 1.78 and a debt-to-equity ratio of 0.19. Micron Technology, Inc. has a 1-year low of $61.54 and a 1-year high of $471.34.

Micron Technology (NASDAQ:MU) last released its quarterly earnings results on Wednesday, March 18th. The semiconductor manufacturer reported $12.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $8.50 by $3.70. The firm had revenue of $23.86 billion for the quarter, compared to the consensus estimate of $18.90 billion. Micron Technology had a return on equity of 22.71% and a net margin of 28.15%.The company’s revenue for the quarter was up 196.3% on a year-over-year basis. During the same quarter last year, the business posted $1.56 EPS. Research analysts predict that Micron Technology, Inc. will post 6.08 earnings per share for the current fiscal year.

Micron Technology Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Monday, March 30th will be given a $0.15 dividend. The ex-dividend date of this dividend is Monday, March 30th. This represents a $0.60 dividend on an annualized basis and a yield of 0.1%. This is a boost from Micron Technology’s previous quarterly dividend of $0.12. Micron Technology’s payout ratio is 4.37%.

Micron Technology Company 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.