E. Ohman J or Asset Management AB Cuts Stock Holdings in Micron Technology, Inc. $MU

E. Ohman J or Asset Management AB reduced its stake in Micron Technology, Inc. (NASDAQ:MU) by 16.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 39,894 shares of the semiconductor manufacturer’s stock after selling 7,862 shares during the quarter. E. Ohman J or Asset Management AB’s holdings in Micron Technology were worth $11,386,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Elevation Wealth Partners LLC grew its stake 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 in the last quarter. Noble Wealth Management PBC bought a new position in shares of Micron Technology during the fourth quarter valued at about $40,000. REAP Financial Group LLC purchased a new position in Micron Technology during the third quarter worth about $25,000. Barnes Dennig Private Wealth Management LLC purchased a new position in Micron Technology during the third quarter worth about $27,000. Finally, Cullen Frost Bankers Inc. grew its position in Micron Technology by 79.3% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 199 shares of the semiconductor manufacturer’s stock worth $33,000 after purchasing an additional 88 shares in the last quarter. 80.84% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Itau BBA Securities reissued an “outperform” rating on shares of Micron Technology in a research report on Thursday, December 18th. Citigroup upped their target price on Micron Technology from $430.00 to $510.00 and gave the company a “buy” rating in a report on Thursday, March 19th. Piper Sandler increased their price target on Micron Technology from $275.00 to $400.00 and gave the company an “overweight” rating in a research report on Wednesday, January 7th. HSBC boosted their price objective on Micron Technology from $350.00 to $500.00 and gave the stock a “buy” rating in a research report on Friday, January 23rd. Finally, Rosenblatt Securities restated a “buy” rating and issued a $500.00 price objective on shares of Micron Technology in a research note on Monday, March 16th. Five investment analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $453.55.

Micron Technology Trading Down 4.4%

Shares of MU opened at $404.35 on Tuesday. The business’s 50-day moving average price is $403.81 and its 200-day moving average price is $287.33. Micron Technology, Inc. has a twelve month low of $61.54 and a twelve month high of $471.34. The stock has a market cap of $456.00 billion, a PE ratio of 19.09 and a beta of 1.50. The company has a quick ratio of 2.32, a current ratio of 2.90 and a debt-to-equity ratio of 0.13.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings results on Wednesday, March 18th. The semiconductor manufacturer reported $12.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $8.50 by $3.70. The firm had revenue of $23.86 billion for the quarter, compared to the consensus estimate of $18.90 billion. Micron Technology had a net margin of 41.49% and a return on equity of 41.16%. The company’s revenue for the quarter was up 196.3% on a year-over-year basis. During the same period in the prior year, the firm posted $1.56 earnings per share. On average, equities analysts forecast that Micron Technology, Inc. will post 6.08 EPS for the current fiscal year.

Micron Technology Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Monday, March 30th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Monday, March 30th. This is a positive change from Micron Technology’s previous quarterly dividend of $0.12. Micron Technology’s payout ratio is 2.17%.

Key Micron Technology News

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

• Positive Sentiment: Blowout Q2 results and bullish guidance — Micron reported record revenue ($23.86B) and a huge EPS beat, and management issued very strong forward guidance that highlights AI/HBM demand and tight supply as drivers of continued margin expansion. Micron: Buy The Latest Blowout
• Positive Sentiment: Dividend hike tied to surging free cash flow — Coverage highlights a meaningful dividend increase (article cites a large raise) reflecting FCF strength, which strengthens the shareholder?return story and supports valuation upside. Micron Technology Hikes Its Dividend 30% Due to Surging FCF
• Positive Sentiment: Analysts raising targets and reiterating buys — Multiple firms have lifted price targets and maintained buy ratings after the quarter, pushing model forecasts materially higher and supporting longer?term upside. Micron Technology: Buy Rating Backed by Surging Profitability
• Neutral Sentiment: AI/data?center runway remains the dominant macro theme — broader market pieces and sector analysis point to sustained AI infrastructure spending, which benefits Micron but also tightens expectations for future quarters. What to Expect From the Q1 Earnings Season: AI Strength
• Neutral Sentiment: Positive growth narratives and buy?the?dip sentiment are lifting interest in MU, but these are market?wide themes rather than company?specific catalysts. Here is Why Growth Investors Should Buy Micron (MU) Now
• Negative Sentiment: “Sell?the?news” and profit?taking after the beat — despite the blowout numbers, the stock has seen a sharp intraday pullback as traders lock in gains after a massive multi?quarter run; high expectations pushed valuations and opened the door for a correction. Micron Drops 4% Despite Strong Earnings: Is This a Buying Opportunity?
• Negative Sentiment: Analyst caution and bearish commentary — a subset of analysts and commentators are pointing to warning signs (sustainability of pricing, cyclicality, execution risks) that could cap the rally if supply or end?market demand shifts. The Troubling Signs Coming Into Focus For Micron Investors
• Negative Sentiment: Elevated insider sales flagged by data aggregators — recent filings show significant insider selling activity, which some investors interpret as a near?term negative signal despite firm fundamentals. Micron Technology Stock (MU) Opinions on Q2 Earnings Report

Insider Activity

In related news, EVP Sumit Sadana sold 25,000 shares of the stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $429.89, for a total value of $10,747,250.00. Following the sale, the executive vice president owned 248,021 shares in the company, valued at approximately $106,621,747.69. This trade represents a 9.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Teyin M. Liu acquired 11,600 shares of the company’s stock in a transaction that occurred on Tuesday, January 13th. The shares were acquired at an average cost of $337.07 per share, with a total value of $3,910,012.00. Following the purchase, the director directly owned 14,310 shares of the company’s stock, valued at $4,823,471.70. This trade represents a 428.04% increase in their position. The SEC filing for this purchase provides additional information. In the last quarter, insiders bought 23,200 shares of company stock valued at $7,821,723 and sold 53,623 shares valued at $21,832,908. Company insiders own 0.24% of the company’s stock.

Micron Technology Profile

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.