Micron Technology, Inc. $MU Holdings Reduced by Deepwater Asset Management LLC

Deepwater Asset Management LLC decreased its holdings in Micron Technology, Inc. (NASDAQ:MU) by 35.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 83,977 shares of the semiconductor manufacturer’s stock after selling 47,045 shares during the period. Micron Technology comprises about 5.6% of Deepwater Asset Management LLC’s investment portfolio, making the stock its 4th biggest holding. Deepwater Asset Management LLC’s holdings in Micron Technology were worth $14,051,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Orleans Capital Management Corp LA purchased a new stake in Micron Technology during the second quarter valued at approximately $256,000. iA Global Asset Management Inc. boosted its holdings in shares of Micron Technology by 18.7% in the 3rd quarter. iA Global Asset Management Inc. now owns 146,890 shares of the semiconductor manufacturer’s stock worth $24,578,000 after purchasing an additional 23,117 shares during the period. Cary Street Partners Financial LLC increased its position in shares of Micron Technology by 25.0% during the 2nd quarter. Cary Street Partners Financial LLC now owns 26,132 shares of the semiconductor manufacturer’s stock valued at $3,221,000 after purchasing an additional 5,233 shares during the last quarter. Wealthspire Advisors LLC raised its holdings in Micron Technology by 27.8% during the 2nd quarter. Wealthspire Advisors LLC now owns 14,754 shares of the semiconductor manufacturer’s stock valued at $1,818,000 after buying an additional 3,208 shares during the period. Finally, Wealthfront Advisers LLC raised its holdings in Micron Technology by 9.8% during the 3rd quarter. Wealthfront Advisers LLC now owns 95,396 shares of the semiconductor manufacturer’s stock valued at $15,962,000 after buying an additional 8,489 shares during the period. 80.84% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

MU has been the topic of a number of analyst reports. Rosenblatt Securities reiterated a “buy” rating and set a $500.00 price objective on shares of Micron Technology in a research report on Tuesday, January 20th. UBS Group increased their price objective on shares of Micron Technology to $475.00 and gave the stock a “buy” rating in a research report on Monday. Phillip Securities raised shares of Micron Technology to a “strong-buy” rating in a research note on Monday, February 2nd. William Blair assumed coverage on Micron Technology in a research note on Thursday, January 22nd. They set an “outperform” rating on the stock. Finally, Piper Sandler raised their price target on Micron Technology from $275.00 to $400.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 7th. Six analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $371.83.

Micron Technology News Summary

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

• Positive Sentiment: Micron began shipping customer samples of a 256GB LPDRAM SOCAMM2 module — a product leadership milestone that strengthens its position in AI/data‑center memory demand. Micron Sets New Benchmark With the World’s First High-Capacity 256GB LPDRAM SOCAMM2 for Data Center Infrastructure
• Positive Sentiment: Several firms have lifted price targets and ratings (UBS, Morgan Stanley, Stifel among mentions), signaling stronger earnings/margin outlooks that support longer‑term upside. Micron Technology had its price target raised by UBS Group AG to $475.00
• Positive Sentiment: Micron opened an assembly/test facility in India (Sanand), expanding capacity and on‑shoring capabilities — a constructive read for supply continuity and customer diversification. Micron’s India Plant Opens New Chapter In AI Memory Capacity
• Neutral Sentiment: Volatility has driven up option premiums; cash‑secured short puts now show elevated yields, attracting income/value investors but also reflecting increased near‑term risk. Micron Technology Short-Put Plays Have Huge Yields – Attractive To Value Investors
• Neutral Sentiment: Wall Street remains divided on the duration of the memory supply tightness; coverage articles highlight both sustained AI-driven demand and the risk of cyclical oversupply. Micron Stock 2026 Outlook: How Long Can the Memory Shortage Last? Top Analysts Weigh In
• Negative Sentiment: Geopolitical risk from the Iran conflict triggered a broad market selloff today; highly cyclical semiconductor and memory names were hit especially hard as risk‑off flows accelerated. The Iran Conflict Is Hitting Stocks Across the World. Just Look at This Red-Hot Market.
• Negative Sentiment: Memory stocks (including Micron) suffered outsized losses today despite no immediate negative fundamental revision; some analysts and commentators flagged concerns about HBM competition and potential cyclical oversupply, which likely amplified the drop. Micron (MU) Suffers a Larger Drop Than the General Market: Key Insights

Insider Activity at Micron Technology

In related news, Director Teyin M. Liu purchased 11,600 shares of the business’s stock in a transaction dated Tuesday, January 13th. The shares were acquired at an average cost of $337.07 per share, for a total transaction of $3,910,012.00. Following the acquisition, the director owned 14,310 shares of the company’s stock, valued at $4,823,471.70. The trade was a 428.04% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Steven J. Gomo sold 5,000 shares of the business’s stock in a transaction on Friday, December 19th. The stock was sold at an average price of $263.63, for a total value of $1,318,150.00. Following the completion of the transaction, the director directly owned 19,139 shares of the company’s stock, valued at approximately $5,045,614.57. The trade was a 20.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders bought 23,200 shares of company stock valued at $7,821,723 and sold 73,623 shares valued at $27,307,408. 0.24% of the stock is owned by corporate insiders.

Micron Technology Price Performance

MU opened at $379.68 on Wednesday. The company has a market capitalization of $427.33 billion, a price-to-earnings ratio of 36.09 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 12-month low of $61.54 and a 12-month high of $455.50. The business’s fifty day simple moving average is $373.79 and its 200-day simple moving average is $257.90.

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

Micron Technology Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Monday, December 29th were issued 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 presently 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.