Micron Technology, Inc. $MU Shares Purchased by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al boosted its position in Micron Technology, Inc. (NASDAQ:MU) by 2.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 237,200 shares of the semiconductor manufacturer’s stock after buying an additional 5,600 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Micron Technology were worth $39,688,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in shares of Micron Technology by 1.9% in the 2nd quarter. Vanguard Group Inc. now owns 103,879,662 shares of the semiconductor manufacturer’s stock valued at $12,803,168,000 after acquiring an additional 1,973,294 shares during the last quarter. State Street Corp lifted its position in Micron Technology by 2.7% during the second quarter. State Street Corp now owns 51,373,591 shares of the semiconductor manufacturer’s stock valued at $6,331,795,000 after purchasing an additional 1,349,713 shares during the period. Geode Capital Management LLC lifted its position in Micron Technology by 1.2% during the second quarter. Geode Capital Management LLC now owns 25,690,491 shares of the semiconductor manufacturer’s stock valued at $3,152,974,000 after purchasing an additional 314,489 shares during the period. Norges Bank purchased a new stake in Micron Technology in the second quarter valued at $1,980,700,000. Finally, Invesco Ltd. grew its position in Micron Technology by 3.2% during the 2nd quarter. Invesco Ltd. now owns 8,913,450 shares of the semiconductor manufacturer’s stock worth $1,098,583,000 after purchasing an additional 277,507 shares during the period. 80.84% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, Director Steven J. Gomo sold 5,000 shares of Micron Technology stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $263.63, for a total value of $1,318,150.00. Following the sale, the director directly owned 19,139 shares in the company, valued at $5,045,614.57. The trade was a 20.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Scott J. Deboer sold 82,000 shares of the company’s stock in a transaction on Monday, October 27th. The stock was sold at an average price of $222.81, for a total value of $18,270,420.00. Following the transaction, the executive vice president directly owned 154,145 shares in the company, valued at $34,345,047.45. This represents a 34.72% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 354,300 shares of company stock worth $78,800,968. Corporate insiders own 0.24% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on MU. Sanford C. Bernstein reissued an “outperform” rating on shares of Micron Technology in a report on Thursday, December 18th. Wolfe Research lifted their price target on Micron Technology from $300.00 to $350.00 and gave the company an “outperform” rating in a research report on Thursday, December 18th. BNP Paribas Exane raised Micron Technology from an “underperform” rating to an “outperform” rating and set a $270.00 price target for the company in a report on Monday, October 13th. JPMorgan Chase & Co. raised their price objective on shares of Micron Technology from $220.00 to $350.00 and gave the stock an “overweight” rating in a research note on Thursday, December 18th. Finally, Raymond James Financial lifted their target price on shares of Micron Technology from $190.00 to $310.00 and gave the company an “outperform” rating in a report on Thursday, December 18th. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $282.61.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: MarketBeat says MU has “gained momentum” after the Dec. earnings beat, projecting technical targets that imply 30%–80% upside as HBM shortages and rising HBM pricing underpin revenue and guidance. Micron Gains Momentum, Again—30% to 80% Upside in 2026
• Positive Sentiment: AmericanBankingNews/others note MU hit a new 52?week / all?time high after strong FQ1 results (EPS beat, +56.7% sales y/y) and upbeat guidance — headlines highlight Micron’s pricing power as one of three HBM suppliers. Micron Technology (NASDAQ:MU) Reaches New 52-Week High – Should You Buy?
• Positive Sentiment: 24/7 Wall St. profiles MU as an “undervalued long?term winner,” citing outsized 2025 gains, AI-driven memory demand, and room to run as Micron catches up to the broader chip rally. Micron Technology Looks Like An Undervalued Long-Term Winner
• Positive Sentiment: Zacks added MU to its top growth list (Zacks Rank #1), reflecting strong analyst sentiment and buy recommendations into year?end. Best Growth Stocks to Buy for December 30th
• Neutral Sentiment: ETF pieces (MarketBeat) highlight that thematic semiconductor ETFs give exposure to the same AI/memory cycle benefitting Micron; ETFs are suggested as lower?risk ways to play the sector rather than single?stock bets. Find the Next NVIDIA With This Semiconductor ETF
• Neutral Sentiment: Market commentary on NVIDIA’s Groq deal argues the AI trade is broadening and memory suppliers like Micron are indirect beneficiaries — supportive context but not MU?specific catalyst. The Lazy Way to Play NVIDIA’s $20B Groq Deal (MU)
• Negative Sentiment: Several option/sell?side pieces flag overbought technicals and propose bearish strategies (bear put spreads) anticipating a pullback from stretched levels — a short?term risk for momentum traders. Micron Technology Bear Put Spread Could Return 197% in this Down Move

Micron Technology Stock Down 0.6%

Shares of NASDAQ:MU opened at $292.51 on Wednesday. The company has a market cap of $329.23 billion, a price-to-earnings ratio of 27.81, a PEG ratio of 0.19 and a beta of 1.54. The firm’s 50-day simple moving average is $240.61 and its 200-day simple moving average is $173.98. The company has a quick ratio of 1.78, a current ratio of 2.46 and a debt-to-equity ratio of 0.19. Micron Technology, Inc. has a fifty-two week low of $61.54 and a fifty-two week high of $298.83.

Micron Technology (NASDAQ:MU) last posted its quarterly earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share (EPS) for the quarter, topping the consensus estimate 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 net margin of 28.15% and a return on equity of 22.71%. The firm’s revenue for the quarter was up 56.7% on a year-over-year basis. During the same period in the prior year, the company posted $1.79 earnings per share. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. As a group, equities research analysts predict that Micron Technology, Inc. will post 6.08 earnings per share for the current year.

Micron Technology Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 14th. Stockholders of record on Monday, December 29th will be issued a $0.115 dividend. This represents a $0.46 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Monday, December 29th. Micron Technology’s dividend payout ratio (DPR) is currently 4.37%.

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.