51,724 Shares in Micron Technology, Inc. $MU Purchased by Danica Pension Livsforsikringsaktieselskab

Danica Pension Livsforsikringsaktieselskab bought a new stake in shares of Micron Technology, Inc. (NASDAQ:MU) during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 51,724 shares of the semiconductor manufacturer’s stock, valued at approximately $17,474,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MU. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Micron Technology during the first quarter valued at approximately $27,000. High Note Wealth LLC lifted its position in Micron Technology by 65.4% in the fourth quarter. High Note Wealth LLC now owns 86 shares of the semiconductor manufacturer’s stock worth $25,000 after purchasing an additional 34 shares during the period. Elevation Wealth Partners LLC lifted its position in Micron Technology by 295.8% in the fourth quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer’s stock worth $27,000 after purchasing an additional 71 shares during the period. Steigerwald Gordon & Koch Inc. boosted its stake in Micron Technology by 4,800.0% during the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 98 shares of the semiconductor manufacturer’s stock valued at $28,000 after purchasing an additional 96 shares in the last quarter. Finally, Bayban bought a new position in Micron Technology during the 4th quarter valued at $29,000. 80.84% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, EVP April S. Arnzen sold 40,000 shares of the stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $1,083.94, for a total value of $43,357,600.00. Following the completion of the transaction, the executive vice president owned 85,737 shares in the company, valued at $92,933,763.78. This trade represents a 31.81% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Lynn A. Dugle sold 1,300 shares of Micron Technology stock in a transaction dated Tuesday, June 30th. The stock was sold at an average price of $1,150.43, for a total value of $1,495,559.00. Following the completion of the transaction, the director directly owned 17,728 shares in the company, valued at $20,394,823.04. This represents a 6.83% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 163,300 shares of company stock valued at $152,667,204. 0.24% of the stock is currently owned by company insiders.

Micron Technology News Summary

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

• Positive Sentiment: Micron is benefiting from a broad rebound in memory stocks, with SanDisk, SK Hynix, and Western Digital also bouncing as investors bet the recent slump was overdone. MU, SNDK, SKHY: Memory Stocks Rip Higher as Key Names Lead a Buy-the-Dip Comeback
• Positive Sentiment: Bank of America’s bullish take that low-cost AI models could increase memory demand helped revive sentiment around Micron and other chip stocks. Micron stock jumps 12%: what is driving the memory stock today
• Positive Sentiment: Multiple notes highlighted that the recent memory-stock selloff may have created an attractive entry point, with analysts saying data-center shortages and AI spending should keep demand firm. Why Micron and other chip stocks are bouncing back so strongly
• Positive Sentiment: Wall Street commentary remained constructive, with reports that Micron was added to “best investment ideas” lists and that analysts still see strong profitability from the AI memory cycle. NVIDIA Isn’t Leading AI Stocks in 2026 – These 2 Are Up Over 180%
• Neutral Sentiment: Some coverage also noted that traders are watching upcoming Big Tech earnings for clues on AI infrastructure spending, which could either extend the rally or cool it off. Micron and SK Hynix Stocks Jump. Watch for This Memory-Related Catalyst.
• Negative Sentiment: A few articles warned that valuations may already reflect a lot of the AI boom, and that customers could eventually push back against soaring memory costs, creating a risk of more volatility. Micron and SK Hynix Stocks Jump. Watch for This Memory-Related Catalyst.

Micron Technology Price Performance

NASDAQ MU opened at $970.82 on Wednesday. The stock has a market capitalization of $1.10 trillion, a P/E ratio of 21.98 and a beta of 2.14. Micron Technology, Inc. has a 1 year low of $103.38 and a 1 year high of $1,255.00. The business’s fifty day moving average is $954.95 and its two-hundred day moving average is $610.96. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.98 and a current ratio of 3.42.

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

Micron Technology Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on MU shares. Wedbush boosted their price objective on Micron Technology from $1,300.00 to $1,400.00 and gave the stock an “outperform” rating in a research note on Thursday, June 25th. Susquehanna upped their price objective on Micron Technology from $1,750.00 to $2,000.00 and gave the company a “positive” rating in a report on Thursday, June 25th. Wolfe Research set a $1,500.00 target price on Micron Technology in a research note on Thursday, June 25th. Citigroup lifted their target price on Micron Technology from $1,200.00 to $1,400.00 and gave the stock a “buy” rating in a report on Thursday, June 25th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Micron Technology in a research report on Tuesday, May 12th. Four investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, Micron Technology currently has an average rating of “Buy” and a consensus price target of $1,268.93.

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.