Micron Technology, Inc. $MU Shares Purchased by Korea Investment CORP

Key Points

• Korea Investment CORP increased its stake in Micron by 26.3%, buying 229,427 shares to hold 1,101,360 shares (about 0.10% of the company) worth roughly $184.28 million at the end of the quarter.
• Micron has strong operational and analyst momentum — it began shipping its 256GB SOCAMM2 LPDDR5X AI server memory, opened an advanced assembly/test facility in India, reported a large earnings beat (Q EPS $4.78 vs. $3.77 est.; revenue $13.64B) and saw multiple price‑target raises, leaving consensus ratings tilted toward "Buy" with an average target of $371.83.
• Despite these positives, Micron shares fell about 6.7% recently amid weakness in South Korean memory peers and broader risk‑off drivers (geopolitical tensions and macro data), showing ongoing sector contagion pressure.

Korea Investment CORP boosted its position in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) by 26.3% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,101,360 shares of the semiconductor manufacturer's stock after buying an additional 229,427 shares during the quarter. Korea Investment CORP owned approximately 0.10% of Micron Technology worth $184,280,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MU. Norges Bank purchased a new stake in shares of Micron Technology during the 2nd quarter worth about $1,980,700,000. Slate Path Capital LP purchased a new position in shares of Micron Technology in the 2nd quarter valued at about $317,751,000. Vanguard Group Inc. raised its holdings in Micron Technology by 1.9% in the 2nd quarter. Vanguard Group Inc. now owns 103,879,662 shares of the semiconductor manufacturer's stock worth $12,803,168,000 after purchasing an additional 1,973,294 shares during the period. State Street Corp raised its holdings in Micron Technology by 2.7% in the 2nd quarter. State Street Corp now owns 51,373,591 shares of the semiconductor manufacturer's stock worth $6,331,795,000 after purchasing an additional 1,349,713 shares during the period. Finally, Orbis Allan Gray Ltd boosted its position in Micron Technology by 50.2% during the second quarter. Orbis Allan Gray Ltd now owns 3,457,726 shares of the semiconductor manufacturer's stock worth $426,165,000 after purchasing an additional 1,156,086 shares in the last quarter. Hedge funds and other institutional investors own 80.84% of the company's stock.

Micron Technology News Roundup

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

• Positive Sentiment: Micron began shipping customer samples of its 256GB SOCAMM2 LPDDR5X AI server memory module — its highest‑capacity, power‑efficient AI DRAM — which should support higher ASPs and stronger AI‑server content per box. How Micron’s New 256GB AI Server Memory and India Ramp-Up Will Impact Micron Technology (MU) Investors
• Positive Sentiment: Micron opened and is ramping an advanced assembly & test facility in Sanand, India, expanding global manufacturing footprint to meet AI memory demand and diversify supply chains. Micron Technology, Inc. (MU) Announces the Grand Opening of its Semiconductor Assembly and Test Facility in Sanand, Gujarat, India
• Positive Sentiment: Analysts and research pieces highlight Micron’s AI memory “moat”: HBM tightness, sold‑out 2026 HBM capacity, and guidance that implies very strong margins — supporting upside to earnings expectations. Micron's New Moat: The AI Memory Supercycle
• Positive Sentiment: Earnings‑estimate revisions and momentum scores are improving, with multiple outlets flagging MU as a long‑term/momentum buy given AI demand and recent beat-and-raise results. This supports medium-term bullish case. Earnings Estimates Rising for Micron (MU): Will It Gain?
• Neutral Sentiment: Technical and trading commentary notes MU approaching its 50‑day moving average and offering potential buy points on a rebound; useful for traders but not a fundamental driver. Micron's Setup Sweetens Despite The Current Market Meltdown
• Neutral Sentiment: Mentions in ETF and options strategy pieces (e.g., VLUE holding, short‑put yield ideas) increase investor attention and liquidity but are sideways with respect to immediate fundamentals. Worried About Volatility? These 3 ETFs Have You Covered
• Negative Sentiment: Today’s decline is driven largely by weakness in South Korean memory peers (Samsung, SK Hynix) and a sectorwide selloff; contagion from those losses pressures MU despite company‑specific positives. Micron stock falls as weakness hits global memory sector
• Negative Sentiment: Broader risk‑off drivers — geopolitical tensions (Iran conflict) and macro data/events (investors awaiting February jobs report) — are depressing tech and cyclical names, adding downward pressure on MU. What Is Going On With Micron Tech Stock In Friday Premarket?

Analyst Ratings Changes

Several analysts have commented on MU shares. Deutsche Bank Aktiengesellschaft raised their price objective on Micron Technology from $200.00 to $280.00 and gave the company a "buy" rating in a report on Tuesday, December 9th. 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 report on Tuesday, February 17th. KeyCorp lifted their price target on shares of Micron Technology from $325.00 to $450.00 and gave the company an "overweight" rating in a research note on Tuesday, January 13th. Raymond James Financial boosted their price target on shares of Micron Technology from $190.00 to $310.00 and gave the stock an "outperform" rating in a report on Thursday, December 18th. Finally, Susquehanna increased their price objective on shares of Micron Technology from $200.00 to $300.00 and gave the company a "positive" rating in a report on Monday, December 8th. Six analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Buy" and an average target price of $371.83.

Micron Technology Stock Down 6.7%

NASDAQ MU opened at $370.30 on Friday. The business has a fifty day moving average price of $379.98 and a 200 day moving average price of $262.55. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.78 and a current ratio of 2.46. The company has a market cap of $416.78 billion, a P/E ratio of 35.20 and a beta of 1.50. Micron Technology, Inc. has a one year low of $61.54 and a one year high of $455.50.

Micron Technology (NASDAQ:MU - Get Free Report) last announced its earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share (EPS) 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 for the quarter, compared to analysts' expectations of $12.62 billion. During the same quarter in the previous year, the company posted $1.79 EPS. The firm's quarterly 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. Research analysts anticipate that Micron Technology, Inc. will post 6.08 EPS for the current fiscal year.

Micron Technology Dividend Announcement

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

Insider Activity at Micron Technology

In other Micron Technology news, EVP April S. Arnzen sold 15,000 shares of the stock in a transaction dated Monday, December 22nd. The shares were sold at an average price of $277.09, for a total value of $4,156,350.00. Following the completion of the sale, the executive vice president owned 165,618 shares in the company, valued at approximately $45,891,091.62. This represents a 8.30% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Sumit Sadana sold 25,000 shares of the firm's stock in a transaction that occurred on Monday, February 2nd. The stock was 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 directly owned 248,021 shares in the company, valued at $106,621,747.69. This trade represents a 9.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have bought 23,200 shares of company stock worth $7,821,723 and have sold 73,623 shares worth $27,307,408. 0.24% of the stock is currently owned by insiders.

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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