Micron Technology, Inc. $MU Stock Holdings Lifted by Teacher Retirement System of Texas

Key Points

• Teacher Retirement System of Texas increased its Micron stake by 51.6% in Q4, buying an additional 95,761 shares to hold 281,210 shares worth about $80.26 million.
• Company insiders have sold a total of 89,000 shares (~$34.76 million) in the past 90 days — notable sales by Sumit Sadana and April S. Arnzen — reducing insider ownership to 0.24%, which could pressure near‑term sentiment.
• Wall Street is bullish: multiple firms raised price targets (Cantor Fitzgerald to $700) and the consensus rating is Buy with an average target of about $464.61, supporting further upside.

Teacher Retirement System of Texas lifted its holdings in Micron Technology, Inc. (NASDAQ:MU - Free Report) by 51.6% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 281,210 shares of the semiconductor manufacturer's stock after buying an additional 95,761 shares during the quarter. Teacher Retirement System of Texas' holdings in Micron Technology were worth $80,260,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of MU. REAP Financial Group LLC bought a new position in shares of Micron Technology in the 3rd quarter worth about $25,000. Barnes Dennig Private Wealth Management LLC bought a new position in shares of Micron Technology in the 3rd quarter worth about $27,000. Elevation Wealth Partners LLC increased its holdings in shares of Micron Technology by 295.8% in the 4th quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer's stock worth $27,000 after acquiring an additional 71 shares during the period. Steigerwald Gordon & Koch Inc. increased its holdings in shares of Micron Technology by 4,800.0% in the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 98 shares of the semiconductor manufacturer's stock worth $28,000 after acquiring an additional 96 shares during the period. Finally, GHP Investment Advisors Inc. lifted its position in Micron Technology by 91.2% in the 4th quarter. GHP Investment Advisors Inc. now owns 109 shares of the semiconductor manufacturer's stock valued at $31,000 after purchasing an additional 52 shares during the last quarter. 80.84% of the stock is currently owned by institutional investors.

Insider Transactions at Micron Technology

In other Micron Technology news, EVP Sumit Sadana sold 24,000 shares of the business's stock in a transaction dated Friday, April 10th. The shares were sold at an average price of $421.35, for a total transaction of $10,112,400.00. Following the sale, the executive vice president directly owned 224,021 shares in the company, valued at approximately $94,391,248.35. The trade was a 9.68% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP April S. Arnzen sold 40,000 shares of the business's stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $347.39, for a total transaction of $13,895,600.00. Following the sale, the executive vice president owned 125,737 shares in the company, valued at $43,679,776.43. This trade represents a 24.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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 over the last 90 days. 0.24% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Cantor Fitzgerald boosted their target price on shares of Micron Technology from $450.00 to $700.00 and gave the company an "overweight" rating in a research note on Thursday, March 19th. William Blair began coverage on shares of Micron Technology in a research note on Thursday, January 22nd. They issued an "outperform" rating on the stock. UBS Group raised their price target on shares of Micron Technology from $510.00 to $535.00 and gave the company a "buy" rating in a research note on Wednesday, April 8th. Needham & Company LLC raised their price target on shares of Micron Technology from $450.00 to $500.00 and gave the company a "buy" rating in a research note on Thursday, March 19th. Finally, HSBC raised their price target on shares of Micron Technology from $350.00 to $500.00 and gave the company a "buy" rating in a research note on Friday, January 23rd. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average target price of $464.61.

More Micron Technology News

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

• Positive Sentiment: ASML raised guidance citing strong AI chip demand (including memory), which supports tighter supply and pricing power for memory suppliers like Micron. ASML Has Just Delivered Massive News for Micron Technology Investors
• Positive Sentiment: Rising HBM demand from AI workloads and constrained supply are positioned to drive long-term revenue and stronger DRAM/HBM pricing for Micron. Can Rising HBM Demand Accelerate Micron's Long-Term Revenue Growth?
• Positive Sentiment: Momentum and market leadership: MU hit new 52-week highs after a multi-month rally, drawing investor attention as a “sold-out” AI memory play and fueling momentum buying. Forget Nvidia (NVDA), Focus on This ‘Sold Out’ AI Memory Giant Instead
• Positive Sentiment: Wall Street bullishness: a large majority of analysts carry Buy/Outperform ratings and median price targets imply further upside, supporting investor confidence. Here’s What Citi and UBS Think About Micron Technology (MU)
• Neutral Sentiment: Geopolitical / policy push: Micron is lobbying Congress for export limits on tools to Chinese rivals — this could strengthen Micron’s competitive position but raises regulatory and geopolitical uncertainty. Micron pushes US Congress to crack down on chip tool sales to Chinese rivals, sources say
• Neutral Sentiment: Sector comparisons and thematic ETFs spotlight MU among AI infrastructure winners, which can help flows but also increases correlation to the broader semiconductor trade. Micron vs. Marvell: Which AI Semiconductor Stock Is the Better Buy?
• Negative Sentiment: Capacity risk: competitor SK Hynix announced a ~$13B packaging/expansion program — accelerating rival capacity could pressure prices and margins over time. What SK Hynix’s New $13 Billion Memory Plant Means for Micron Stock
• Negative Sentiment: Significant insider selling activity has been reported recently, which can raise governance/near-term sentiment concerns for some investors. Micron Technology Stock (MU) Opinions on Upcoming Semiconductor Earnings

Micron Technology Stock Up 8.5%

MU stock opened at $487.48 on Thursday. Micron Technology, Inc. has a 52 week low of $72.50 and a 52 week high of $491.98. The company has a market capitalization of $549.75 billion, a price-to-earnings ratio of 23.02 and a beta of 1.60. The firm's 50-day moving average is $410.78 and its two-hundred day moving average is $324.15. The company has a current ratio of 2.90, a quick ratio of 2.32 and a debt-to-equity ratio of 0.13.

Micron Technology Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders 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 presently 2.83%.

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.

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