Oriental Harbor Investment Master Fund acquired a new stake in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 147,587 shares of the semiconductor manufacturer's stock, valued at approximately $170,358,000. Micron Technology makes up about 10.3% of Oriental Harbor Investment Master Fund's portfolio, making the stock its 5th biggest position.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Andar Capital Management HK Ltd boosted its position in shares of Micron Technology by 856,960.3% during the second quarter. Andar Capital Management HK Ltd now owns 34,282,413 shares of the semiconductor manufacturer's stock valued at $39,571,847,000 after purchasing an additional 34,278,413 shares in the last quarter. Norges Bank bought a new position in Micron Technology in the fourth quarter worth $6,433,456,000. AQR Capital Management LLC raised its holdings in Micron Technology by 411.9% in the third quarter. AQR Capital Management LLC now owns 3,627,022 shares of the semiconductor manufacturer's stock worth $606,873,000 after purchasing an additional 2,918,535 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Micron Technology by 1,340.6% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 2,820,986 shares of the semiconductor manufacturer's stock valued at $805,148,000 after buying an additional 2,625,169 shares in the last quarter. Finally, Amundi boosted its holdings in shares of Micron Technology by 65.0% during the 4th quarter. Amundi now owns 4,989,400 shares of the semiconductor manufacturer's stock valued at $1,424,025,000 after buying an additional 1,965,319 shares in the last quarter. Hedge funds and other institutional investors own 80.84% of the company's stock.
Micron Technology Stock Performance
Shares of MU stock opened at $932.86 on Monday. The company has a quick ratio of 2.98, a current ratio of 3.42 and a debt-to-equity ratio of 0.05. The company has a 50 day moving average price of $951.63 and a 200-day moving average price of $717.04. Micron Technology, Inc. has a 52 week low of $114.25 and a 52 week high of $1,255.00. The firm has a market capitalization of $1.05 trillion, a PE ratio of 21.12 and a beta of 2.18.
Micron Technology (NASDAQ:MU - Get Free Report) last issued its earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share (EPS) for the quarter, topping the consensus estimate 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 quarter last year, the company posted $1.91 earnings per share. The firm's quarterly revenue was up 345.8% on a year-over-year basis. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. As a group, equities research analysts expect that Micron Technology, Inc. will post 72.93 earnings per share for the current year.
Micron Technology Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 21st. Investors of record on Monday, July 6th were issued a $0.15 dividend. The ex-dividend date of this dividend was Monday, July 6th. This represents a $0.60 annualized dividend and a dividend yield of 0.1%. Micron Technology's payout ratio is presently 1.36%.
Wall Street Analysts Forecast Growth
Several research analysts recently issued reports on MU shares. UBS Group reiterated a "buy" rating on shares of Micron Technology in a research note on Monday, August 10th. Wolfe Research set a $1,500.00 price target on Micron Technology in a research note on Thursday, June 25th. Bank of America raised their price objective on Micron Technology from $950.00 to $1,500.00 and gave the company a "buy" rating in a research report on Tuesday, June 23rd. Sanford C. Bernstein set a $1,300.00 target price on Micron Technology in a report on Monday, June 22nd. Finally, Citigroup cut their target price on Micron Technology from $1,400.00 to $1,150.00 and set a "buy" rating on the stock in a research note on Friday, August 7th. Four equities 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. According to data from MarketBeat.com, the company currently has an average rating of "Buy" and an average target price of $1,295.63.
Read Our Latest Analysis on MU
Insider Activity at Micron Technology
In other Micron Technology news, Director Lynn A. Dugle sold 1,300 shares of the stock in a transaction dated Tuesday, June 30th. The stock was sold at an average price of $1,150.43, for a total value of $1,495,559.00. Following the transaction, the director owned 17,728 shares of the company's stock, valued at approximately $20,394,823.04. This represents a 6.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP April S. Arnzen sold 40,000 shares of the business's 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 sale, the executive vice president owned 85,737 shares of the company's stock, valued at approximately $92,933,763.78. This represents a 31.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 177,204 shares of company stock valued at $182,156,264 in the last 90 days. 0.24% of the stock is owned by company insiders.
More Micron Technology News
Here are the key news stories impacting Micron Technology this week:
- Positive Sentiment: AI demand is tightening memory supply. CEO Sanjay Mehrotra said data-center customers want roughly 50% more memory than Micron can currently supply, while Nvidia identified memory availability as a key constraint on AI-system growth. That supports Micron’s pricing power and demand visibility. Micron CEO AI Shift Breaks Traditional Memory Market Cycles
- Positive Sentiment: Nvidia’s purchasing commitments reinforce the bullish outlook. Nvidia reportedly more than doubled memory-related supplier commitments to $279 billion, potentially benefiting Micron as a major supplier. Micron also has approximately $22 billion in strategic commitments, including contracts extending through 2030. Nvidia Just Validated Micron’s Biggest AI Bull Case
- Positive Sentiment: Expansion plans strengthen Micron’s long-term positioning. The company is investing $10 billion in U.S. research labs, launching a $250 million venture fund and expanding its workforce-training infrastructure. President Donald Trump’s praise of Micron as one of the world’s “hottest” companies adds political visibility to the investment. Why Micron Stock Didn’t Get a Leg Up From SK Hynix’s Memory Optimism
- Neutral Sentiment: Analysts and bullish commentators point to surging DRAM and NAND prices, record margins and the possibility that AI demand has made memory cycles less volatile. However, much of this optimism may already be reflected in Micron’s substantial previous gains.
- Negative Sentiment: Profit-taking and valuation concerns are weighing on the shares. Micron has rallied sharply, encouraging investors to lock in gains even after favorable Nvidia news. A softer technology-market backdrop and concerns about potential U.S. chip tariffs are adding pressure. Why Is Micron Stock Falling
- Negative Sentiment: Investors remain concerned that the memory supercycle will eventually become cyclical. Increased industry capacity or new competitors could eventually reduce pricing and margins, while current supply shortages may constrain Nvidia’s shipments in the near term. Micron Stock Has Surged 220 Percent
Micron Technology Company Profile
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Free Report)
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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