Micron Technology, Inc. $MU Shares Acquired by Entropy Technologies LP

Key Points

• Entropy Technologies LP increased its Micron stake by 223.2% in Q3 to 78,627 shares, making MU its largest holding and worth about $13.16 million per its SEC filing.
• Several firms (including Cantor Fitzgerald, Morgan Stanley and Needham) have sharply raised price targets — some to ~$450 — and MarketBeat shows a consensus "Buy" rating with a $383.21 target.
• Micron posted strong results (Q2 EPS $4.78 beat estimates, revenue +56.7%) and sees robust AI-driven memory demand (notably HBM sold out for 2026), though the stock may remain volatile after large YTD gains.

Entropy Technologies LP boosted its position in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) by 223.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 78,627 shares of the semiconductor manufacturer's stock after buying an additional 54,297 shares during the quarter. Micron Technology makes up approximately 1.0% of Entropy Technologies LP's holdings, making the stock its largest holding. Entropy Technologies LP's holdings in Micron Technology were worth $13,156,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the company. Orleans Capital Management Corp LA acquired a new stake in shares of Micron Technology during the 2nd quarter worth approximately $256,000. iA Global Asset Management Inc. lifted its holdings in Micron Technology by 18.7% in the third quarter. iA Global Asset Management Inc. now owns 146,890 shares of the semiconductor manufacturer's stock valued at $24,578,000 after buying an additional 23,117 shares during the period. Cary Street Partners Financial LLC boosted its stake in Micron Technology by 25.0% in the second 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 stake in Micron Technology by 27.8% in the second 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 during the last quarter. Finally, Wealthfront Advisers LLC grew 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 worth $15,962,000 after acquiring an additional 8,489 shares during the period. 80.84% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts have commented on MU shares. Cantor Fitzgerald upped their target price on shares of Micron Technology from $350.00 to $450.00 and gave the company an "overweight" rating in a research report on Wednesday, January 14th. Wolfe Research lifted their price objective on Micron Technology from $300.00 to $350.00 and gave the stock an "outperform" rating in a research note on Thursday, December 18th. Morgan Stanley upped their price objective on Micron Technology from $350.00 to $450.00 and gave the company an "overweight" rating in a report on Wednesday, February 11th. Needham & Company LLC increased their target price on Micron Technology from $380.00 to $450.00 and gave the company a "buy" rating in a research note on Tuesday, February 17th. Finally, Raymond James Financial raised their target price on Micron Technology from $190.00 to $310.00 and gave the stock an "outperform" rating in a report on Thursday, December 18th. Six equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of $383.21.

Micron Technology Stock Performance

Shares of Micron Technology stock opened at $405.35 on Friday. The company has a market capitalization of $456.23 billion, a PE ratio of 38.53 and a beta of 1.50. Micron Technology, Inc. has a 12 month low of $61.54 and a 12 month high of $455.50. The company has a current ratio of 2.46, a quick ratio of 1.78 and a debt-to-equity ratio of 0.19. The stock's fifty day simple moving average is $389.13 and its 200 day simple moving average is $269.51.

Micron Technology (NASDAQ:MU - Get Free Report) last posted its earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.77 by $1.01. Micron Technology had a return on equity of 22.71% and a net margin of 28.15%.The firm had revenue of $13.64 billion during the quarter, compared to analysts' expectations of $12.62 billion. During the same period in the previous year, the firm earned $1.79 earnings per share. The company's revenue was up 56.7% on a year-over-year basis. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. On average, research analysts predict that Micron Technology, Inc. will post 6.08 EPS for the current 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 given a $0.115 dividend. The ex-dividend date was Monday, December 29th. This represents a $0.46 annualized dividend and a dividend yield of 0.1%. Micron Technology's payout ratio is currently 4.37%.

Insiders Place Their Bets

In other Micron Technology news, Director Steven J. Gomo sold 5,000 shares of Micron Technology stock in a transaction that occurred on Friday, December 19th. The shares were sold at an average price of $263.63, for a total value of $1,318,150.00. Following the transaction, the director 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 sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Sumit Sadana sold 25,000 shares of the company's stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $429.89, for a total transaction of $10,747,250.00. Following the completion of the transaction, the executive vice president owned 248,021 shares of the company's stock, valued at $106,621,747.69. This trade represents a 9.16% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders acquired 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 owned by company insiders.

Key Stories Impacting Micron Technology

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

• Positive Sentiment: Micron reported very strong fiscal results and margin expansion with AI-driven memory demand tightening supply, underpinning upside to profit and cash flow. Micron's Next Chapter Starts After Q2
• Positive Sentiment: High-bandwidth memory (HBM) is effectively sold out for 2026, supporting pricing power and near-term revenue visibility for AI customers. HBM Sold Out For 2026
• Positive Sentiment: Multiple analyst upgrades and hefty price-target raises (including Wolfe Research and Susquehanna) have pushed sentiment higher and helped recent rallies. Wolfe Research Sets $500 Target
• Neutral Sentiment: An upcoming Q2 earnings report and changing institutional ownership ahead of the print are focal catalysts; results/guidance will likely drive the next leg of volatility. Who Owns MU Ahead of Q2
• Neutral Sentiment: Strategic partnerships across the supply chain (e.g., Applied Materials) reinforce Micron’s role in AI-memory buildouts but are long-term positives rather than immediate catalysts. Applied Materials Partnerships
• Negative Sentiment: After an enormous YTD gain, profit-taking and broader market weakness are pressuring the stock; several outlets note MU is pulling back more steeply than the market today. MU Falls More Steeply Than Broader Market
• Negative Sentiment: Valuation and “toppy” technical calls are prompting caution among some investors despite strong fundamentals — expect higher intraday volatility until earnings/guidance settle expectations. Why Micron Stock Is Sinking Today

Micron Technology 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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