Erste Asset Management GmbH Acquires 42,207 Shares of Micron Technology, Inc. $MU

Erste Asset Management GmbH boosted its holdings in Micron Technology, Inc. (NASDAQ:MU) by 43.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 138,629 shares of the semiconductor manufacturer’s stock after acquiring an additional 42,207 shares during the quarter. Erste Asset Management GmbH’s holdings in Micron Technology were worth $22,693,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. REAP Financial Group LLC purchased a new stake in shares of Micron Technology in the third quarter worth approximately $25,000. Barnes Dennig Private Wealth Management LLC bought a new stake in Micron Technology during the third quarter worth $27,000. Cullen Frost Bankers Inc. raised its position in Micron Technology by 79.3% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 199 shares of the semiconductor manufacturer’s stock valued at $33,000 after buying an additional 88 shares during the last quarter. Howard Hughes Medical Institute purchased a new stake in Micron Technology in the 2nd quarter valued at $30,000. Finally, Physician Wealth Advisors Inc. lifted its stake in Micron Technology by 248.0% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 261 shares of the semiconductor manufacturer’s stock valued at $44,000 after acquiring an additional 186 shares in the last quarter. Institutional investors and hedge funds own 80.84% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Sumit Sadana sold 25,000 shares of Micron Technology stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $429.89, for a total value of $10,747,250.00. Following the completion of the transaction, the executive vice president owned 248,021 shares in the company, valued at $106,621,747.69. This trade represents a 9.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP April S. Arnzen sold 15,000 shares of the company’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 sale, the executive vice president owned 165,618 shares in the company, valued at $45,891,091.62. The trade was a 8.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders purchased 23,200 shares of company stock worth $7,821,723 and sold 73,623 shares worth $27,307,408. 0.24% of the stock is currently owned by insiders.

Micron Technology News Roundup

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

• Positive Sentiment: Micron announced a US$200 billion U.S. buildout through 2030 and says HBM4 shipments are arriving ahead of schedule, with 2026 HBM output already allocated to customers — this directly targets AI/data-center demand and supports pricing power and long-term revenue visibility. Read More.
• Positive Sentiment: S&P raised Micron’s credit rating to BBB, citing stronger AI-driven demand — a credit upgrade lowers financing risk for large capex plans and is a vote of confidence in Micron’s growth outlook. Read More.
• Positive Sentiment: Analysts and authors highlight structural DRAM/HBM demand from AI and limited near-term global capacity additions (through 2027–28), arguing Micron can sustain elevated pricing and margins — a bullish fundamental case supporting further upside. Read More.
• Positive Sentiment: Market commentary notes MU is breaking out of consolidation and remains in a strong momentum trend tied to HBM exposure — that technical momentum is attracting momentum traders and adds to upside pressure. Read More.
• Neutral Sentiment: Multiple bullish write-ups (The Motley Fool, Zacks, 247WallSt) reiterate big YTD gains and argue valuation still looks reasonable given accelerating AI demand — useful for sentiment but largely reiterative rather than news-driving. Read More.
• Negative Sentiment: Technical analysts warn MU is technically overextended after a historic rally, raising the risk of a near-term pullback unless price breaks decisively above recent highs. Read More.
• Negative Sentiment: Short-term market data shows MU underperformed some semiconductor peers on Thursday, a reminder that relative weakness can appear even amid strong sector tailwinds. Read More.

Micron Technology Trading Down 3.1%

Shares of MU stock opened at $415.56 on Friday. The company has a quick ratio of 1.78, a current ratio of 2.46 and a debt-to-equity ratio of 0.19. The firm has a market cap of $467.72 billion, a P/E ratio of 39.50 and a beta of 1.52. The company has a 50 day moving average of $366.07 and a 200-day moving average of $250.27. Micron Technology, Inc. has a 12-month low of $61.54 and a 12-month high of $455.50.

Micron Technology (NASDAQ:MU) last posted its quarterly earnings data on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 EPS for the quarter, beating the consensus estimate of $3.77 by $1.01. Micron Technology had a return on equity of 22.71% and a net margin of 28.15%.The business had revenue of $13.64 billion for the quarter, compared to the consensus estimate of $12.62 billion. During the same quarter in the prior year, the business earned $1.79 earnings per share. Micron Technology’s revenue for the quarter was up 56.7% on a year-over-year basis. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. Sell-side analysts anticipate that Micron Technology, Inc. will post 6.08 earnings per share for the current year.

Micron Technology Announces Dividend

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

Analysts Set New Price Targets

MU has been the subject of several recent analyst reports. Wedbush set a $320.00 target price on shares of Micron Technology in a research note on Thursday, December 18th. Bank of America boosted their price target on shares of Micron Technology from $300.00 to $400.00 and gave the stock a “buy” rating in a report on Tuesday, January 13th. HSBC upped their price objective on shares of Micron Technology from $350.00 to $500.00 and gave the stock a “buy” rating in a research report on Friday, January 23rd. Susquehanna lifted their target price on shares of Micron Technology from $200.00 to $300.00 and gave the stock a “positive” rating in a research report on Monday, December 8th. Finally, Raymond James Financial boosted their target price on Micron Technology from $190.00 to $310.00 and gave the stock an “outperform” rating in a research note on Thursday, December 18th. Six analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Micron Technology currently has an average rating of “Buy” and a consensus target price of $358.38.

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.