Matthews International Capital Management LLC Acquires 4,533 Shares of Micron Technology, Inc. $MU

Matthews International Capital Management LLC lifted its stake in Micron Technology, Inc. (NASDAQ:MU) by 14.2% during the 3rd quarter, HoldingsChannel reports. The fund owned 36,344 shares of the semiconductor manufacturer’s stock after buying an additional 4,533 shares during the period. Micron Technology comprises approximately 1.4% of Matthews International Capital Management LLC’s portfolio, making the stock its 22nd biggest holding. Matthews International Capital Management LLC’s holdings in Micron Technology were worth $6,081,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Teamwork Financial Advisors LLC grew its position in Micron Technology by 0.4% in the 3rd quarter. Teamwork Financial Advisors LLC now owns 14,974 shares of the semiconductor manufacturer’s stock worth $2,505,000 after purchasing an additional 53 shares during the last quarter. Blue Trust Inc. lifted its stake in shares of Micron Technology by 0.5% in the third quarter. Blue Trust Inc. now owns 10,633 shares of the semiconductor manufacturer’s stock valued at $1,779,000 after buying an additional 53 shares during the period. HBW Advisory Services LLC lifted its stake in shares of Micron Technology by 2.5% in the third quarter. HBW Advisory Services LLC now owns 2,818 shares of the semiconductor manufacturer’s stock valued at $471,000 after buying an additional 70 shares during the period. 1620 Investment Advisors Inc. grew its position in Micron Technology by 5.7% during the third quarter. 1620 Investment Advisors Inc. now owns 1,467 shares of the semiconductor manufacturer’s stock worth $245,000 after buying an additional 79 shares in the last quarter. Finally, Central Valley Advisors LLC grew its position in Micron Technology by 3.1% during the third quarter. Central Valley Advisors LLC now owns 2,789 shares of the semiconductor manufacturer’s stock worth $467,000 after buying an additional 83 shares in the last quarter. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

MU has been the subject of several recent research reports. Cantor Fitzgerald upped their price target on Micron Technology from $300.00 to $350.00 and gave the company an “overweight” rating in a report on Thursday, December 18th. Wall Street Zen upgraded Micron Technology from a “buy” rating to a “strong-buy” rating in a research note on Sunday, November 23rd. Piper Sandler lifted their price target on shares of Micron Technology from $200.00 to $275.00 and gave the stock an “overweight” rating in a research note on Thursday, December 18th. UBS Group reissued an “overweight” rating on shares of Micron Technology in a report on Thursday, December 18th. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on shares of Micron Technology from $200.00 to $280.00 and gave the company a “buy” rating in a research note on Tuesday, December 9th. Five analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $282.61.

Insider Activity at Micron Technology

In other news, EVP April S. Arnzen sold 15,000 shares of the stock in a transaction that occurred on Tuesday, September 30th. The shares were sold at an average price of $164.04, for a total transaction of $2,460,600.00. Following the sale, the executive vice president directly owned 131,580 shares of the company’s stock, valued at $21,584,383.20. This represents a 10.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Sanjay Mehrotra sold 22,500 shares of the firm’s stock in a transaction that occurred on Monday, October 27th. The shares were sold at an average price of $220.72, for a total transaction of $4,966,200.00. Following the completion of the sale, the chief executive officer directly owned 446,578 shares of the company’s stock, valued at approximately $98,568,696.16. This represents a 4.80% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 384,300 shares of company stock worth $83,974,468 in the last 90 days. Corporate insiders own 0.24% of the company’s stock.

Micron Technology Stock Down 0.7%

Shares of MU opened at $284.79 on Friday. The company has a market capitalization of $320.53 billion, a P/E ratio of 27.07, a PEG ratio of 0.18 and a beta of 1.54. Micron Technology, Inc. has a one year low of $61.54 and a one year high of $290.87. The business’s 50 day simple moving average is $237.05 and its 200-day simple moving average is $171.09. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.46 and a quick ratio of 1.78.

Micron Technology (NASDAQ:MU) last released its quarterly earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share for the quarter, beating analysts’ consensus estimates of $3.77 by $1.01. The firm had revenue of $13.64 billion during the quarter, compared to analysts’ expectations of $12.62 billion. Micron Technology had a return on equity of 22.71% and a net margin of 28.15%.The business’s revenue was up 56.7% on a year-over-year basis. During the same period last year, the firm posted $1.79 EPS. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. As a group, sell-side analysts predict that Micron Technology, Inc. will post 6.08 EPS for the current fiscal year.

Micron Technology Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 14th. Investors of record on Monday, December 29th will be given a dividend of $0.115 per share. The ex-dividend date is Monday, December 29th. This represents a $0.46 annualized dividend and a yield of 0.2%. Micron Technology’s dividend payout ratio is 4.37%.

Key Micron Technology News

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

• Positive Sentiment: Q1 FY2026 results and guidance surprised to the upside (revenue, EPS, record free cash flow) and management signaled continued AI / HBM demand and accelerating momentum — this is the core bullish engine behind recent price strength and analyst upgrades. Read More.
• Positive Sentiment: Shares extended a record?high streak (multiday highs) as traders bought the earnings narrative and AI memory tailwinds; that momentum lifted MU into many “top stock” and “start strong” lists for 2026. Read More.
• Positive Sentiment: Brokerage and media pieces highlighting Micron as a key beneficiary of the AI/memory supercycle (and as a hardware pick ahead of a gadget/AI boom) are supporting buying interest and raised price targets. Read More.
• Neutral Sentiment: Industry roundup articles list MU among undervalued/strong hardware names to watch for 2026; useful for longer?term positioning but less likely to move intraday volume materially. Read More.
• Neutral Sentiment: Similar thematic pieces group MU with other hardware/AI winners for 2026; these reinforce narrative exposure to AI memory demand but are broader market commentary rather than company?specific catalysts. Read More.
• Neutral Sentiment: Consumer pieces on monetizing MU shares (covered income strategies) reflect retail interest and higher retail participation after the run, but these are tactical/derivative stories rather than fundamental drivers. Read More.
• Negative Sentiment: A company director recently sold about $1.32M of MU stock — a potential trigger for short?term profit taking and an item some investors watch as a cautionary signal (though size is modest vs. market cap). Read More.

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.