Nykredit A S Invests $350.89 Million in Micron Technology, Inc. $MU

Key Points

• Nykredit A/S purchased 303,984 Micron shares worth approximately $350.9 million in the second quarter, making Micron its 12th-largest holding and about 1.1% of its portfolio. Institutional investors collectively own 80.84% of Micron.
• Micron is benefiting from tight memory supply and strong AI-related demand, while its India facility and high-density 512GB DDR5 module support future capacity growth. Analysts maintain a broadly bullish view, with an average “Buy” rating and a $1,295.63 price target.
• Despite strong quarterly results and sharply higher revenue, insiders sold about $182.2 million of stock during the past quarter. Investors also face risks from elevated valuation and volatility, potential competition, labor tensions, and future U.S. memory-production expansion by rivals.

Nykredit A S bought a new position in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 303,984 shares of the semiconductor manufacturer's stock, valued at approximately $350,886,000. Micron Technology makes up approximately 1.1% of Nykredit A S's portfolio, making the stock its 12th largest position.

Several other institutional investors have also recently added to or reduced their stakes in the business. Parkside Financial Bank & Trust boosted its holdings in shares of Micron Technology by 7.2% in the 2nd quarter. Parkside Financial Bank & Trust now owns 3,916 shares of the semiconductor manufacturer's stock valued at $4,520,000 after buying an additional 262 shares in the last quarter. MLG Wealth Management DBA Pine Grove Financial Group purchased a new stake in Micron Technology in the second quarter valued at $806,000. Range Advisory LLC lifted its position in Micron Technology by 80.2% in the second quarter. Range Advisory LLC now owns 3,504 shares of the semiconductor manufacturer's stock valued at $4,044,000 after acquiring an additional 1,559 shares during the last quarter. Brown Lisle Cummings Inc. boosted its stake in Micron Technology by 16.6% in the second quarter. Brown Lisle Cummings Inc. now owns 211 shares of the semiconductor manufacturer's stock valued at $244,000 after acquiring an additional 30 shares in the last quarter. Finally, Cornerstone Financial Management LLC boosted its stake in Micron Technology by 30.2% in the second quarter. Cornerstone Financial Management LLC now owns 302 shares of the semiconductor manufacturer's stock valued at $349,000 after acquiring an additional 70 shares in the last quarter. Hedge funds and other institutional investors own 80.84% of the company's stock.

More Micron Technology News

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

• Positive Sentiment: Intel CEO Lip-Bu Tan warned that the memory shortage could worsen next year and said memory prices have surged more than 500%. The comments reinforced expectations that Micron can maintain pricing power and unusually high margins. Why Was Micron Technology Stock Up Today?
• Positive Sentiment: Micron opened a $2.75 billion semiconductor assembly and test facility in India, with production expected to scale substantially next year. Investors view the site as a way to expand capacity and capture growing AI-related memory demand. Micron opens India facility
• Positive Sentiment: Micron’s 512GB DDR5 server module, validated for upcoming AMD and Intel platforms, offers higher density and more than 60% lower power consumption than comparable configurations. The product strengthens Micron’s position in AI and data-center infrastructure, although volume production is planned for late 2027. Micron’s New 512GB Memory Module
• Positive Sentiment: Analysts expect memory shortages to persist through 2027-2028 as high-bandwidth memory production consumes substantial wafer capacity. Long-term customer agreements and tight HBM supply could support revenue visibility and margins ahead of Micron’s September 30 earnings report.
• Neutral Sentiment: Lower Treasury yields and oil prices improved broader sentiment toward growth and semiconductor stocks, helping memory shares recover. Micron’s high beta means it remains particularly sensitive to macroeconomic shifts.
• Negative Sentiment: Worker tensions in Taiwan have increased, with employees seeking permanent participation in Micron’s profit gains. Higher labor costs or disruptions could pressure margins, though the immediate market reaction was limited.
• Negative Sentiment: Reports that Intel and SK Hynix are considering U.S. memory production could create a longer-term competitive threat. Investors are also monitoring valuation and volatility after MU’s substantial year-to-date advance, as well as routine insider selling under trading plans.

Insider Buying and Selling at Micron Technology

In other Micron Technology news, CEO Sanjay Mehrotra sold 40,000 shares of the business's stock in a transaction that occurred on 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 transaction, the chief executive officer owned 264,503 shares in the company, valued at approximately $256,276,956.70. The trade was a 13.14% decrease in their position. The transaction 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 stock in a transaction that occurred on Wednesday, July 1st. The stock was 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 directly owned 85,737 shares of the company's stock, valued at approximately $92,933,763.78. This trade represents a 31.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over 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.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. UBS Group reiterated a "buy" rating on shares of Micron Technology in a research report on Monday, August 10th. Deutsche Bank Aktiengesellschaft lifted their price target on Micron Technology from $1,500.00 to $1,550.00 and gave the stock a "buy" rating in a research report on Thursday, June 25th. Mizuho decreased their price objective on Micron Technology from $1,375.00 to $1,300.00 and set an "outperform" rating for the company in a report on Tuesday, August 25th. DA Davidson raised their target price on shares of Micron Technology from $1,500.00 to $2,000.00 and gave the stock a "buy" rating in a research report on Thursday, June 25th. Finally, Citigroup reduced their price target on shares of Micron Technology from $1,400.00 to $1,150.00 and set a "buy" rating for the company in a research report on Friday, August 7th. Four research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of "Buy" and an average price target of $1,295.63.

Micron Technology Price Performance

Micron Technology stock opened at $977.50 on Friday. Micron Technology, Inc. has a 12 month low of $154.65 and a 12 month high of $1,255.00. The company has a debt-to-equity ratio of 0.05, a current ratio of 3.42 and a quick ratio of 2.98. The business has a 50 day simple moving average of $927.28 and a 200-day simple moving average of $771.93. The stock has a market capitalization of $1.10 trillion, a PE ratio of 22.13, a price-to-earnings-growth ratio of 0.59 and a beta of 2.22.

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

Micron Technology Announces Dividend

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

Micron Technology Company Profile

Micron Technology, Inc is a global semiconductor company that designs, develops, manufactures and sells memory and storage solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, NOR flash memory, solid-state drives, memory modules and high-bandwidth memory used in data-intensive computing applications.

Micron's products support a range of markets, including data centers, artificial intelligence and high-performance computing, personal computers, smartphones, automotive systems, industrial equipment and networking devices.

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