Micron Technology, Inc. $MU Stock Position Raised by Banque Cantonale Vaudoise

Key Points

• Banque Cantonale Vaudoise increased its Micron Technology stake by 22.7% in the first quarter, buying 5,839 more shares and bringing its total to 31,608 shares worth about $10.68 million.
• Micron reported blowout fiscal Q3 results, with revenue of $41.46 billion and adjusted EPS of $25.11, both well above expectations, reflecting strong AI-related memory demand.
• The company also issued better-than-expected Q4 guidance, while analysts responded with multiple target-price hikes and a broadly bullish outlook on the stock.

Banque Cantonale Vaudoise increased its stake in Micron Technology, Inc. (NASDAQ:MU - Free Report) by 22.7% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 31,608 shares of the semiconductor manufacturer's stock after acquiring an additional 5,839 shares during the quarter. Banque Cantonale Vaudoise's holdings in Micron Technology were worth $10,679,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of MU. Capital Advisors Ltd. LLC increased its stake in Micron Technology by 10.3% in the 1st quarter. Capital Advisors Ltd. LLC now owns 247 shares of the semiconductor manufacturer's stock worth $83,000 after purchasing an additional 23 shares in the last quarter. Manning & Napier Advisors LLC lifted its stake in Micron Technology by 2.4% during the fourth quarter. Manning & Napier Advisors LLC now owns 1,030 shares of the semiconductor manufacturer's stock valued at $301,000 after buying an additional 24 shares in the last quarter. Essex Bank boosted its holdings in shares of Micron Technology by 2.0% in the first quarter. Essex Bank now owns 1,252 shares of the semiconductor manufacturer's stock worth $423,000 after buying an additional 24 shares during the period. SWAN Capital LLC increased its position in shares of Micron Technology by 9.7% in the fourth quarter. SWAN Capital LLC now owns 271 shares of the semiconductor manufacturer's stock worth $77,000 after acquiring an additional 24 shares in the last quarter. Finally, Vivaldi Capital Management LP raised its holdings in shares of Micron Technology by 1.2% during the fourth quarter. Vivaldi Capital Management LP now owns 1,964 shares of the semiconductor manufacturer's stock valued at $561,000 after acquiring an additional 24 shares during the period. 80.84% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Micron Technology

In other Micron Technology news, Director Steven J. Gomo sold 2,000 shares of Micron Technology stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $787.03, for a total value of $1,574,060.00. Following the completion of the sale, the director directly owned 17,139 shares in the company, valued at $13,488,907.17. The trade was a 10.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP April S. Arnzen sold 40,000 shares of the business's stock in a transaction that occurred on 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 completion of the sale, the executive vice president directly owned 125,737 shares of the company's stock, valued at $43,679,776.43. This 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 146,000 shares of company stock valued at $85,486,715 in the last quarter. Corporate insiders own 0.24% of the company's stock.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: Micron reported fiscal Q3 revenue of $41.46 billion and non-GAAP EPS of $25.11, both far above Wall Street estimates, showing that AI-related memory demand is still accelerating. Article Title
• Positive Sentiment: The company issued stronger-than-expected Q4 guidance, with revenue and EPS forecasts well above consensus, signaling that the growth trajectory may continue into the next quarter. Article Title
• Positive Sentiment: Several reports highlighted Micron’s record margins and “blowout” results, with bullish commentary saying the AI trade is still alive and that pricing power is improving as memory shortages persist. Article Title
• Positive Sentiment: Analysts responded with higher price targets and upgrades, reinforcing confidence that Micron’s AI-driven earnings power may justify a richer valuation. Article Title
• Neutral Sentiment: The stock had been volatile ahead of earnings because of a broader tech sell-off and concerns that AI spending was getting overheated, so expectations were very high going into the report. Article Title
• Neutral Sentiment: Micron’s elevated capital spending plans and some analyst warnings suggest investors may still watch closely for signs that the memory boom cools or margins normalize later on. Article Title

Micron Technology Price Performance

Shares of NASDAQ:MU opened at $1,037.93 on Thursday. The firm has a market cap of $1.17 trillion, a price-to-earnings ratio of 49.01 and a beta of 2.16. Micron Technology, Inc. has a 1 year low of $103.38 and a 1 year high of $1,213.56. The company has a current ratio of 2.90, a quick ratio of 2.32 and a debt-to-equity ratio of 0.13. The business has a fifty day simple moving average of $788.74 and a 200 day simple moving average of $513.50.

Micron Technology (NASDAQ:MU - Get Free Report) last issued its earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 EPS for the quarter, beating analysts' consensus estimates of $20.98 by $4.13. Micron Technology had a return on equity of 41.16% and a net margin of 41.49%.The firm had revenue of $41.46 billion for the quarter, compared to the consensus estimate of $35.91 billion. During the same quarter in the previous year, the company 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. As a group, sell-side analysts predict that Micron Technology, Inc. will post 60.34 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms recently commented on MU. Royal Bank Of Canada raised their price objective on shares of Micron Technology from $525.00 to $1,200.00 and gave the stock an "outperform" rating in a research note on Monday, June 15th. Deutsche Bank Aktiengesellschaft raised their target price on Micron Technology from $1,000.00 to $1,500.00 and gave the stock a "buy" rating in a research report on Wednesday, June 17th. JPMorgan Chase & Co. upped their price target on Micron Technology from $350.00 to $550.00 and gave the company an "overweight" rating in a research report on Thursday, March 19th. Rosenblatt Securities increased their price objective on Micron Technology from $600.00 to $1,200.00 and gave the stock a "buy" rating in a research note on Thursday, June 18th. Finally, Wedbush raised their price objective on Micron Technology from $500.00 to $1,300.00 and gave the stock an "outperform" rating in a research report on Thursday, June 18th. Five investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, Micron Technology has an average rating of "Buy" and an average price target of $1,013.13.

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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