Clough Capital Partners L P Has $5.19 Million Stake in Micron Technology, Inc. $MU

Key Points

• Clough Capital Partners increased its stake in Micron by 92.4% in Q3, buying an additional 14,886 shares to hold 31,000 shares worth about $5.19 million per its latest 13F filing.
• Wall Street sentiment is broadly bullish—multiple firms have raised price targets (Stifel to $550, Citigroup to $430, Wedbush to $500) and MarketBeat shows a consensus "Buy" rating with a $389.41 target, supported by Micron's recent beat on revenue and EPS and strong AI-driven memory demand.

Clough Capital Partners L P raised its stake in Micron Technology, Inc. (NASDAQ:MU - Free Report) by 92.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 31,000 shares of the semiconductor manufacturer's stock after acquiring an additional 14,886 shares during the quarter. Clough Capital Partners L P's holdings in Micron Technology were worth $5,187,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Orleans Capital Management Corp LA bought a new stake in shares of Micron Technology during the second quarter worth $256,000. iA Global Asset Management Inc. increased its holdings in shares of Micron Technology by 18.7% during the third quarter. iA Global Asset Management Inc. now owns 146,890 shares of the semiconductor manufacturer's stock worth $24,578,000 after buying an additional 23,117 shares in the last quarter. Cary Street Partners Financial LLC lifted its stake in shares of Micron Technology by 25.0% in 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 acquiring an additional 5,233 shares during the last quarter. Wealthspire Advisors LLC boosted its holdings in shares of 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 acquiring an additional 3,208 shares in the last quarter. Finally, Wealthfront Advisers LLC boosted its holdings in shares of 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 acquiring an additional 8,489 shares in the last quarter. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

MU has been the topic of a number of recent research reports. Stifel Nicolaus lifted their price target on Micron Technology from $360.00 to $550.00 and gave the company a "buy" rating in a research note on Monday, March 2nd. Citigroup upped their price objective on Micron Technology from $385.00 to $430.00 and gave the company a "buy" rating in a research note on Monday, March 9th. The Goldman Sachs Group reiterated a "neutral" rating and issued a $360.00 price objective on shares of Micron Technology in a report on Monday, March 2nd. Bank of America lifted their target price on shares of Micron Technology from $300.00 to $400.00 and gave the stock a "buy" rating in a research report on Tuesday, January 13th. Finally, Sanford C. Bernstein boosted their target price on shares of Micron Technology from $270.00 to $330.00 and gave the stock an "outperform" rating in a report on Friday, January 2nd. Six analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Buy" and a consensus target price of $389.41.

Insider Transactions at Micron Technology

In related news, EVP April S. Arnzen sold 15,000 shares of the firm's stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $277.09, for a total transaction of $4,156,350.00. Following the completion of the sale, the executive vice president owned 165,618 shares of the company's stock, valued at $45,891,091.62. This trade represents a 8.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Teyin M. Liu bought 11,600 shares of the stock in a transaction on Tuesday, January 13th. The stock was acquired at an average price of $337.07 per share, with a total value of $3,910,012.00. Following the completion of the acquisition, the director owned 14,310 shares of the company's stock, valued at $4,823,471.70. This represents a 428.04% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders purchased 23,200 shares of company stock worth $7,821,723 and sold 73,623 shares worth $27,307,408. Insiders own 0.24% of the company's stock.

Micron Technology Stock Up 5.1%

Shares of NASDAQ MU opened at $426.13 on Friday. The company's 50 day moving average price is $391.35 and its 200-day moving average price is $272.75. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.78 and a current ratio of 2.46. Micron Technology, Inc. has a 52-week low of $61.54 and a 52-week high of $455.50. The company has a market capitalization of $479.61 billion, a P/E ratio of 40.51 and a beta of 1.50.

Micron Technology (NASDAQ:MU - Get Free Report) last posted its quarterly earnings data on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts' expectations of $12.62 billion. During the same period in the prior year, the company posted $1.79 earnings per share. 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. Equities analysts forecast that Micron Technology, Inc. will post 6.08 earnings per share for the current year.

Micron Technology Dividend Announcement

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

Key Stories Impacting Micron Technology

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

• Positive Sentiment: Wedbush raised its price target to $500 and reiterated an Outperform rating, citing stronger-than-expected memory pricing as the driver behind the upgrade. Micron Technology price target boosted on stronger-than-expected memory pricing
• Positive Sentiment: Analysts and reports say HBM capacity is effectively sold out for 2026 and DRAM/NAND pricing remains on a strong trajectory, supporting margin upside and near-term revenue visibility. Micron Technology: HBM Sold Out For 2026, Wall Street Is Still Underpricing
• Positive Sentiment: Street previews expect a “monster” Q2: consensus models show very large YoY revenue and EPS growth driven by AI memory demand and operating leverage, so investors are positioned for another beat. Micron Q2 Earnings Preview: Expect Another Monster Quarter
• Positive Sentiment: Multiple firms (Wolfe, Susquehanna and others) have raised targets (some as high as $500–$525), reinforcing momentum and giving investors fresh upside scenarios ahead of earnings. Micron (MU) Stock Surges as Wolfe Research Sets $500 Price Target Analysts Remain Positive on Micron Technology, Here’s Why?
• Neutral Sentiment: Several bullish write-ups highlight Micron’s valuation vs. peers (forward P/E and PEG), arguing the stock still looks cheap relative to growth — but those points are debateable and depend on how long pricing strength lasts. Micron: Dirt Cheap Before Earnings
• Neutral Sentiment: Market commentary stresses that Q3 guidance will be the key catalyst — strong quarter now is expected, but the company’s outlook and durability of pricing trends will determine whether the rally continues. Micron's stock is rising. Here's the big question heading into earnings.
• Negative Sentiment: Risks remain: memory is cyclical and investors warn of potential overinvestment by suppliers that could erode prices; recent short-term volatility and a pullback earlier this week show sentiment can reverse quickly if guidance disappoints. Micron (MU) Falls More Steeply Than Broader Market

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.

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