Micron Technology, Inc. $MU Shares Acquired by Fulcrum Asset Management LLP

Fulcrum Asset Management LLP increased its holdings in Micron Technology, Inc. (NASDAQ:MU) by 54.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,428 shares of the semiconductor manufacturer’s stock after buying an additional 5,430 shares during the quarter. Micron Technology comprises 1.7% of Fulcrum Asset Management LLP’s portfolio, making the stock its 11th largest holding. Fulcrum Asset Management LLP’s holdings in Micron Technology were worth $2,581,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. REAP Financial Group LLC acquired a new position in Micron Technology during the 3rd quarter worth $25,000. Barnes Dennig Private Wealth Management LLC acquired a new position in shares of Micron Technology during the third quarter valued at $27,000. Howard Hughes Medical Institute acquired a new position in shares of Micron Technology during the second quarter valued at $30,000. Cullen Frost Bankers Inc. raised its stake in shares of Micron Technology by 79.3% during the third quarter. Cullen Frost Bankers Inc. now owns 199 shares of the semiconductor manufacturer’s stock valued at $33,000 after purchasing an additional 88 shares in the last quarter. Finally, WealthCollab LLC raised its stake in shares of Micron Technology by 4,500.0% during the second quarter. WealthCollab LLC now owns 276 shares of the semiconductor manufacturer’s stock valued at $34,000 after purchasing an additional 270 shares in the last quarter. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. Stifel Nicolaus increased their target price on shares of Micron Technology from $360.00 to $550.00 and gave the company a “buy” rating in a research report on Monday, March 2nd. Morgan Stanley boosted their price target on shares of Micron Technology from $350.00 to $450.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 11th. Citigroup upped their price target on shares of Micron Technology from $385.00 to $430.00 and gave the stock a “buy” rating in a research note on Monday, March 9th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Micron Technology in a report on Thursday, January 29th. Finally, Cantor Fitzgerald raised their price objective on shares of Micron Technology from $350.00 to $450.00 and gave the company an “overweight” rating in a research note on Wednesday, January 14th. Six research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $394.59.

Insiders Place Their Bets

In other news, Director Teyin M. Liu purchased 11,600 shares of Micron Technology stock in a transaction that occurred on Tuesday, January 13th. The stock was acquired at an average price of $337.07 per share, for a total transaction of $3,910,012.00. Following the transaction, the director owned 14,310 shares in the company, valued at $4,823,471.70. The trade was a 428.04% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP April S. Arnzen sold 15,000 shares of the business’s stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $277.09, for a total transaction of $4,156,350.00. Following the sale, the executive vice president directly owned 165,618 shares in the company, valued at approximately $45,891,091.62. This trade represents a 8.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders bought 23,200 shares of company stock valued at $7,821,723 and sold 73,623 shares valued at $27,307,408. 0.24% of the stock is currently owned by insiders.

Micron Technology Trading Up 4.5%

NASDAQ:MU opened at $461.69 on Wednesday. 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 1-year low of $61.54 and a 1-year high of $462.73. The firm has a market capitalization of $519.64 billion, a price-to-earnings ratio of 43.89 and a beta of 1.50. The stock has a fifty day simple moving average of $396.30 and a 200 day simple moving average of $278.51.

Micron Technology (NASDAQ:MU) last posted its quarterly earnings data 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. Micron Technology had a return on equity of 22.71% and a net margin of 28.15%.The firm had revenue of $13.64 billion for the quarter, compared to the consensus estimate of $12.62 billion. During the same quarter in the previous year, the company earned $1.79 EPS. The business’s revenue for the quarter was up 56.7% compared to the same quarter last year. Sell-side analysts forecast that Micron Technology, Inc. will post 6.08 earnings per share for the current year.

Key Micron Technology News

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

• Positive Sentiment: Micron said HBM4, PCIe Gen6 SSD and SOCAMM2 products are in high‑volume production — a direct revenue lever for AI datacenter customers (NVIDIA Vera Rubin mention) that validates demand and supports margins. Micron in High-Volume Production of HBM4
• Positive Sentiment: Micron completed acquisition of a Taiwan site and plans a second fab there to expand DRAM/HBM capacity, a strategic move tied to multi‑year AI memory tightness and future revenue (impact expected from FY2028 shipments). Micron plans second chip facility at newly acquired Taiwan site
• Positive Sentiment: Multiple brokers (RBC, TD Cowen, Baird, Rosenblatt and others) have raised price targets and reiterated Buy/Outperform calls on MU, signaling continued analyst confidence that AI memory pricing and DRAM tightness justify a higher valuation. Why Is Micron Technology Stock Gaining Tuesday?
• Neutral Sentiment: Micron reports Q2 earnings after the close on March 18 — the report is the near‑term catalyst that could confirm outsized revenue and margin guidance or introduce volatility if guidance falls short of elevated expectations. Micron’s stock rises as enthusiasm builds ahead of earnings
• Neutral Sentiment: Macro events this week (Fed rate decision and February PPI) could amplify market moves and change risk appetite into earnings, so broad market direction may affect MU’s post‑earnings reaction. Fed decision, inflation data, Micron earnings: What to Watch
• Negative Sentiment: Options markets show very high implied volatility and heavy call positioning into earnings; some analysts warn this positioning and gamma could “pin” the stock or produce a disappointed reaction even after strong results. That raises short‑term downside risk. Micron’s Stock May Plunge Following Earnings Results
• Negative Sentiment: There are cautionary takes arguing the memory cycle could roll over sooner than bullish forecasts assume and that MU’s rapid rerating leaves it exposed if supply/demand dynamics shift. Micron: Memory Downcycle Sooner Than Expected

Micron Technology Company 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.