Micron Technology, Inc. $MU Shares Bought by Livforsakringsbolaget Skandia Omsesidigt

Key Points

• Livforsakringsbolaget Skandia Omsesidigt increased its Micron stake by 2% in the second quarter, bringing its holdings to 100,262 shares valued at approximately $115.4 million. Institutional investors and hedge funds collectively own 80.84% of Micron.
• Micron substantially exceeded quarterly expectations, reporting $25.11 in earnings per share and $41.46 billion in revenue, with revenue up 345.8% year over year. Strong AI-related memory demand and fourth-quarter guidance of $30–$32 EPS continue to support the company’s outlook.
• Analysts maintain a favorable view, with a consensus “Buy” rating and an average price target of $1,295.63, although competition, potential industry oversupply and insider stock sales remain risks.

Livforsakringsbolaget Skandia Omsesidigt lifted its position in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) by 2.0% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 100,262 shares of the semiconductor manufacturer's stock after acquiring an additional 1,920 shares during the quarter. Micron Technology makes up about 3.7% of Livforsakringsbolaget Skandia Omsesidigt's investment portfolio, making the stock its 5th largest position. Livforsakringsbolaget Skandia Omsesidigt's holdings in Micron Technology were worth $115,377,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in MU. Ramsey Quantitative Systems bought a new stake in Micron Technology during the 2nd quarter worth about $46,000. RHL Group LLC bought a new position in shares of Micron Technology in the 2nd quarter valued at about $47,000. Philadelphia Investment Partners LLC bought a new position in shares of Micron Technology in the 2nd quarter valued at about $54,000. Signature Resources Capital Management LLC boosted its stake in shares of Micron Technology by 1,125.0% in the 2nd quarter. Signature Resources Capital Management LLC now owns 49 shares of the semiconductor manufacturer's stock valued at $57,000 after purchasing an additional 45 shares during the last quarter. Finally, Davis Capital Management grew its position in shares of Micron Technology by 510.0% during the 2nd quarter. Davis Capital Management now owns 61 shares of the semiconductor manufacturer's stock worth $70,000 after buying an additional 51 shares during the period. Institutional investors and hedge funds own 80.84% of the company's stock.

Micron Technology Price Performance

Shares of NASDAQ:MU opened at $1,016.59 on Monday. The company has a 50 day moving average price of $935.15 and a two-hundred day moving average price of $736.78. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.98 and a current ratio of 3.42. The company has a market capitalization of $1.15 trillion, a PE ratio of 23.02, a PEG ratio of 0.64 and a beta of 2.22. Micron Technology, Inc. has a 52 week low of $125.66 and a 52 week high of $1,255.00.

Micron Technology (NASDAQ:MU - Get Free Report) last announced its quarterly earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share for the quarter, topping analysts' consensus estimates of $21.39 by $3.72. Micron Technology had a net margin of 55.91% and a return on equity of 71.13%. The company had revenue of $41.46 billion for the quarter, compared to analysts' expectations of $35.91 billion. During the same period last year, the firm posted $1.91 earnings per share. The business's quarterly revenue was up 345.8% compared to the same quarter last year. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. Analysts forecast that Micron Technology, Inc. will post 72.93 earnings per share for the current year.

Micron Technology Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 21st. Shareholders of record on Monday, July 6th were issued a dividend of $0.15 per share. The ex-dividend date was Monday, July 6th. This represents a $0.60 annualized dividend and a yield of 0.1%. Micron Technology's payout ratio is currently 1.36%.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Micron Technology from $1,500.00 to $1,550.00 and gave the company a "buy" rating in a report on Thursday, June 25th. Sanford C. Bernstein set a $1,300.00 target price on shares of Micron Technology in a research report on Monday, June 22nd. Rosenblatt Securities increased their price target on Micron Technology from $1,200.00 to $1,500.00 and gave the company a "buy" rating in a research note on Thursday, June 25th. Cantor Fitzgerald restated an "overweight" rating and issued a $1,500.00 price target on shares of Micron Technology in a research report on Thursday, June 25th. Finally, Bank of America lifted their price objective on Micron Technology from $950.00 to $1,500.00 and gave the stock a "buy" rating in a research note on Tuesday, June 23rd. Four research analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, Micron Technology currently has a consensus rating of "Buy" and a consensus price target of $1,295.63.

More Micron Technology News

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

• Positive Sentiment: AI memory demand remains the key catalyst. Micron is reportedly increasing production capacity for more profitable, high-demand memory products used in AI servers, including high-bandwidth memory (HBM). Investors see sustained hyperscaler spending as supporting pricing, revenue and margins. Micron is doubling down on AI memory chips
• Positive Sentiment: Memory stocks led the market. Micron and other memory-related companies benefited from renewed enthusiasm for AI infrastructure, the release of a new OpenAI model and expectations that the NAND pricing cycle may be strengthening. Memory and AI-related stocks lead the market
• Positive Sentiment: Analyst upside forecasts added support. Lynx Equity Strategies said volatility has normalized and maintained an aggressive price target of $1,325 for MU, implying substantial potential upside from recent levels. Lynx Equity sees Micron and SanDisk breakout
• Positive Sentiment: Recent operating results provide fundamental support. Micron’s latest reported quarter significantly exceeded earnings and revenue expectations, with revenue up sharply year over year. The company also issued strong fourth-quarter guidance, reinforcing the view that AI-related memory shortages are translating into exceptional profitability.
• Neutral Sentiment: Long-term customer agreements may reduce—but not eliminate—cyclicality. Reports highlight 16 strategic agreements extending through 2030, some with price floors or bands. These contracts could improve earnings visibility, although investors remain concerned that new industry capacity could eventually pressure pricing. Micron’s contracts reveal the next AI bottleneck
• Negative Sentiment: Competition and execution risks remain. Chinese chipmaker CXMT is gaining DRAM market share, while planned capacity investments by Asian producers could eventually create oversupply. Micron also faces potential labor disruption in Taiwan after unions sought substantially higher compensation, creating a risk to costs and supply continuity. Chinese chipmaker CXMT gains DRAM share

Insider Transactions at Micron Technology

In other news, CEO Sanjay Mehrotra sold 40,000 shares of the firm's stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $968.90, for a total transaction of $38,756,000.00. Following the sale, 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP April S. Arnzen sold 40,000 shares of Micron Technology stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $1,083.94, for a total value 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 trade represents a 31.81% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 177,204 shares of company stock valued at $182,156,264. Insiders own 0.24% of the company's stock.

About Micron Technology

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.