Micron Technology, Inc. $MU Shares Bought by China Universal Asset Management Co. Ltd.

Key Points

• China Universal Asset Management increased its stake in Micron Technology by 44.8% in Q4, owning 57,278 shares worth about $16.35 million, which represents roughly 1.3% of the firm's portfolio and is its 17th largest holding.
• Micron is being driven by rising AI-related HBM/DRAM demand and has seen multiple analyst upgrades (average price target ~$464.61), but faces risks from competitor capacity expansion (e.g., SK Hynix) and potential geopolitical/export-control backlash.

China Universal Asset Management Co. Ltd. increased its holdings in Micron Technology, Inc. (NASDAQ:MU - Free Report) by 44.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 57,278 shares of the semiconductor manufacturer's stock after buying an additional 17,734 shares during the quarter. Micron Technology comprises approximately 1.3% of China Universal Asset Management Co. Ltd.'s investment portfolio, making the stock its 17th largest holding. China Universal Asset Management Co. Ltd.'s holdings in Micron Technology were worth $16,354,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. iA Global Asset Management Inc. grew its stake in shares of Micron Technology by 18.7% during 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. Wealthfront Advisers LLC grew its stake 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 worth $15,962,000 after purchasing an additional 8,489 shares during the period. Westpac Banking Corp grew its stake in shares of Micron Technology by 251.0% during the 3rd quarter. Westpac Banking Corp now owns 23,086 shares of the semiconductor manufacturer's stock worth $3,863,000 after purchasing an additional 16,509 shares during the period. Generation Capital Management LLC acquired a new stake in shares of Micron Technology during the 3rd quarter worth approximately $238,000. Finally, Avanda Investment Management Pte. Ltd. acquired a new stake in shares of Micron Technology during the 3rd quarter worth approximately $418,000. Institutional investors and hedge funds own 80.84% of the company's stock.

Key Stories Impacting Micron Technology

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

• Positive Sentiment: Surging HBM/DRAM demand from AI workloads is supporting pricing power and long‑term revenue upside for Micron, a core bullish fundamental driving the rally. Can Rising HBM Demand Accelerate Micron's Long-Term Revenue Growth?
• Positive Sentiment: Analysts and top investors remain bullish (high percentage of Buy ratings and upbeat price targets), reinforcing investor confidence in MU's multi‑quarter growth runway. Here’s What Citi and UBS Think About Micron Technology (MU)
• Positive Sentiment: Supplier ASML raised guidance on AI chip demand, which supports the broader semiconductor cycle that benefits Micron. ASML Has Just Delivered Massive News for Micron Technology Investors
• Positive Sentiment: Technical momentum and trading signals (breakouts/“stock of the day” notes) helped MU hit 52‑week highs recently, attracting momentum flows. Micron Technology Shares Climb Over 3% After Key Trading Signal
• Neutral Sentiment: Market chatter about a potential stock split reflects elevated share price and could boost retail interest but is speculative. Will Micron Technology Stock Split in 2026?
• Neutral Sentiment: Broader semiconductor momentum is lifting ETFs and peers (Nvidia, etc.), which provides sector tailwinds but also correlates MU to macro/tech flows. Semiconductor stocks like Nvidia and Micron are on a remarkable streak
• Negative Sentiment: SK Hynix is rapidly adding capacity (multi‑billion dollar investment) and reported a huge profit jump — risks that increased competitor supply could pressure Micron’s pricing later. SK Hynix spends $13 billion to widen its lead over Samsung and Micron
• Negative Sentiment: Micron is lobbying for tighter export controls on Chinese chip tool sales — a move that could invite geopolitical friction or regulatory backlash, adding execution and policy risk. Micron pushes US Congress to crack down on chip tool sales to Chinese rivals, sources say

Micron Technology Trading Down 1.2%

Shares of NASDAQ:MU opened at $481.72 on Friday. Micron Technology, Inc. has a 1 year low of $73.50 and a 1 year high of $493.62. The firm has a market capitalization of $543.25 billion, a price-to-earnings ratio of 22.74 and a beta of 1.60. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.90 and a quick ratio of 2.32. The business's 50 day moving average price is $412.13 and its 200-day moving average price is $325.25.

Micron Technology Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Monday, March 30th were given a dividend of $0.15 per share. This is a positive change from Micron Technology's previous quarterly dividend of $0.12. The ex-dividend date was Monday, March 30th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. Micron Technology's payout ratio is 2.83%.

Analyst Ratings Changes

A number of brokerages have recently commented on MU. The Goldman Sachs Group raised their price objective on shares of Micron Technology from $360.00 to $400.00 and gave the stock a "neutral" rating in a research note on Thursday, March 19th. Phillip Securities raised shares of Micron Technology to a "strong-buy" rating in a research note on Monday, February 2nd. Needham & Company LLC raised their price objective on shares of Micron Technology from $450.00 to $500.00 and gave the stock a "buy" rating in a research note on Thursday, March 19th. Barclays raised their price objective on shares of Micron Technology from $450.00 to $675.00 and gave the stock an "overweight" rating in a research note on Thursday, March 19th. Finally, Piper Sandler increased their target price on Micron Technology from $275.00 to $400.00 and gave the company an "overweight" rating in a research report on Wednesday, January 7th. Five analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Buy" and an average price target of $464.61.

Insider Buying and Selling

In other Micron Technology news, EVP Sumit Sadana sold 25,000 shares of the firm's stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $429.89, for a total value of $10,747,250.00. Following the transaction, the executive vice president owned 248,021 shares in the company, valued at approximately $106,621,747.69. This trade represents a 9.16% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP April S. Arnzen sold 40,000 shares of the firm's stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $347.39, for a total value of $13,895,600.00. Following the completion of the transaction, the executive vice president owned 125,737 shares in the company, valued at $43,679,776.43. The trade was a 24.13% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 89,000 shares of company stock worth $34,755,250 in the last quarter. Insiders own 0.24% of the company's stock.

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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