Meeder Advisory Services Inc. Has $31.12 Million Position in Micron Technology, Inc. $MU

Key Points

• Meeder Advisory Services increased its Micron Technology position by 7% in the second quarter, owning 26,963 shares valued at approximately $31.12 million. Institutional investors and hedge funds collectively own 80.84% of Micron’s stock.
• Analyst sentiment remains broadly positive, with a consensus “Buy” rating and an average price target of $1,295.63; several firms recently upgraded or raised their targets. Micron also reported quarterly earnings and revenue well above consensus estimates.
• AI-driven memory demand is supporting Micron’s outlook, but investors face risks from profit-taking, elevated valuation, potential tariffs and the possibility that increased industry capacity could eventually pressure pricing and margins.

Meeder Advisory Services Inc. raised its position in Micron Technology, Inc. (NASDAQ:MU - Free Report) by 7.0% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 26,963 shares of the semiconductor manufacturer's stock after purchasing an additional 1,775 shares during the period. Micron Technology makes up about 1.1% of Meeder Advisory Services Inc.'s investment portfolio, making the stock its 17th biggest holding. Meeder Advisory Services Inc.'s holdings in Micron Technology were worth $31,123,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. State Street Corp increased its position in shares of Micron Technology by 2.1% in the 4th quarter. State Street Corp now owns 52,749,817 shares of the semiconductor manufacturer's stock valued at $15,061,310,000 after buying an additional 1,090,644 shares in the last quarter. Andar Capital Management HK Ltd raised its stake in Micron Technology by 856,960.3% during the 2nd quarter. Andar Capital Management HK Ltd now owns 34,282,413 shares of the semiconductor manufacturer's stock worth $39,571,847,000 after buying an additional 34,278,413 shares during the period. Norges Bank bought a new position in Micron Technology during the fourth quarter worth about $6,433,456,000. Morgan Stanley lifted its holdings in Micron Technology by 5.1% during the fourth quarter. Morgan Stanley now owns 16,396,655 shares of the semiconductor manufacturer's stock worth $4,679,771,000 after acquiring an additional 794,289 shares in the last quarter. Finally, Northern Trust Corp grew its stake in Micron Technology by 1.9% in the fourth quarter. Northern Trust Corp now owns 10,654,349 shares of the semiconductor manufacturer's stock valued at $3,040,858,000 after acquiring an additional 194,550 shares during the period. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CEO Sanjay Mehrotra sold 40,000 shares of Micron Technology stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $968.90, for a total value of $38,756,000.00. Following the completion of the transaction, the chief executive officer owned 264,503 shares of the company's stock, valued at $256,276,956.70. This trade represents a 13.14% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP April S. Arnzen sold 40,000 shares of the business's stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $1,083.94, for a total transaction of $43,357,600.00. Following the transaction, the executive vice president owned 85,737 shares in the company, valued at $92,933,763.78. This represents a 31.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 177,204 shares of company stock valued at $182,156,264 in the last ninety days. 0.24% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on MU. New Street Research upgraded Micron Technology from a "neutral" rating to a "buy" rating and set a $1,250.00 price target for the company in a report on Friday, August 14th. Needham & Company LLC lifted their price objective on Micron Technology from $1,550.00 to $1,650.00 and gave the company a "buy" rating in a report on Thursday, June 25th. Erste Group Bank upgraded Micron Technology from a "hold" rating to a "buy" rating in a research report on Thursday, June 25th. UBS Group restated a "buy" rating on shares of Micron Technology in a report on Monday, August 10th. Finally, Seaport Research Partners reaffirmed a "buy" rating on shares of Micron Technology in a research note on Friday, August 14th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and three have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of $1,295.63.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: AI demand is tightening memory supply. CEO Sanjay Mehrotra said data-center customers want roughly 50% more memory than Micron can currently supply, while Nvidia identified memory availability as a key constraint on AI-system growth. That supports Micron’s pricing power and demand visibility. Micron CEO AI Shift Breaks Traditional Memory Market Cycles
• Positive Sentiment: Nvidia’s purchasing commitments reinforce the bullish outlook. Nvidia reportedly more than doubled memory-related supplier commitments to $279 billion, potentially benefiting Micron as a major supplier. Micron also has approximately $22 billion in strategic commitments, including contracts extending through 2030. Nvidia Just Validated Micron’s Biggest AI Bull Case
• Positive Sentiment: Expansion plans strengthen Micron’s long-term positioning. The company is investing $10 billion in U.S. research labs, launching a $250 million venture fund and expanding its workforce-training infrastructure. President Donald Trump’s praise of Micron as one of the world’s “hottest” companies adds political visibility to the investment. Why Micron Stock Didn’t Get a Leg Up From SK Hynix’s Memory Optimism
• Neutral Sentiment: Analysts and bullish commentators point to surging DRAM and NAND prices, record margins and the possibility that AI demand has made memory cycles less volatile. However, much of this optimism may already be reflected in Micron’s substantial previous gains.
• Negative Sentiment: Profit-taking and valuation concerns are weighing on the shares. Micron has rallied sharply, encouraging investors to lock in gains even after favorable Nvidia news. A softer technology-market backdrop and concerns about potential U.S. chip tariffs are adding pressure. Why Is Micron Stock Falling
• Negative Sentiment: Investors remain concerned that the memory supercycle will eventually become cyclical. Increased industry capacity or new competitors could eventually reduce pricing and margins, while current supply shortages may constrain Nvidia’s shipments in the near term. Micron Stock Has Surged 220 Percent

Micron Technology Stock Down 0.3%

Micron Technology stock opened at $932.86 on Friday. The company has a current ratio of 3.42, a quick ratio of 2.98 and a debt-to-equity ratio of 0.05. Micron Technology, Inc. has a 1-year low of $114.25 and a 1-year high of $1,255.00. The company has a fifty day simple moving average of $951.63 and a 200 day simple moving average of $714.71. The company has a market cap of $1.05 trillion, a P/E ratio of 21.12 and a beta of 2.18.

Micron Technology (NASDAQ:MU - Get Free Report) last posted its quarterly earnings data on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 EPS for the quarter, topping 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 net margin of 55.91% and a return on equity of 71.13%. The company's quarterly revenue was up 345.8% on a year-over-year basis. During the same period in the prior year, the business posted $1.91 EPS. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. Research analysts anticipate that Micron Technology, Inc. will post 72.93 earnings per share for the current fiscal year.

Micron Technology Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 21st. Stockholders of record on Monday, July 6th were issued a $0.15 dividend. 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 presently 1.36%.

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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