Fulcrum Asset Management LLP Has $5.70 Million Stake in Micron Technology, Inc. $MU

Fulcrum Asset Management LLP raised its stake in Micron Technology, Inc. (NASDAQ:MU) by 18.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 34,070 shares of the semiconductor manufacturer’s stock after acquiring an additional 5,229 shares during the period. Micron Technology comprises about 1.6% of Fulcrum Asset Management LLP’s investment portfolio, making the stock its 15th largest position. Fulcrum Asset Management LLP’s holdings in Micron Technology were worth $5,701,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently bought and sold shares of MU. Brighton Jones LLC lifted its holdings in Micron Technology by 18.3% during the 4th quarter. Brighton Jones LLC now owns 6,318 shares of the semiconductor manufacturer’s stock valued at $532,000 after purchasing an additional 976 shares during the last quarter. Sivia Capital Partners LLC boosted its position in Micron Technology by 21.7% in the second quarter. Sivia Capital Partners LLC now owns 3,528 shares of the semiconductor manufacturer’s stock valued at $435,000 after buying an additional 628 shares in the last quarter. United Bank bought a new stake in Micron Technology during the second quarter worth about $236,000. Schnieders Capital Management LLC. grew its stake in Micron Technology by 67.9% during the second quarter. Schnieders Capital Management LLC. now owns 16,984 shares of the semiconductor manufacturer’s stock worth $2,093,000 after buying an additional 6,867 shares during the last quarter. Finally, Kingsview Wealth Management LLC increased its holdings in shares of Micron Technology by 12.5% during the second quarter. Kingsview Wealth Management LLC now owns 5,964 shares of the semiconductor manufacturer’s stock worth $735,000 after buying an additional 661 shares in the last quarter. 80.84% of the stock is currently owned by institutional investors and hedge funds.

More Micron Technology News

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

• Positive Sentiment: Blowout quarter and sky-high guidance: MU reported revenue of $23.86B and EPS of $12.20, both well above Street estimates, and management guided Q3 revenue to ~$33.5B with an ~81% gross margin outlook — this is the primary catalyst for the rally. Micron Just Smashed Estimates – Buy The Dip
• Positive Sentiment: Margin and pricing power surge: gross margins jumped into the mid-70s percent range, reflecting strong pricing and operating leverage from AI/data-center memory demand — supports higher profits and cash flow. Micron’s Q4: Why This AI Super-Cycle Is Different
• Positive Sentiment: Product and capacity momentum: volume production of HBM4 and new PCIe Gen6 SSDs plus a completed Taiwan site acquisition position Micron to capture AI-driven share gains long term. Micron’s New HBM4 And PCIe Gen6 SSDs Test Lofty AI Valuation
• Positive Sentiment: Dividend bump and analyst upgrades: Micron raised its dividend (~30%) and several firms raised price targets (Bernstein to $510, multiple $500+ targets), reinforcing bullish analyst sentiment. Micron Technology raises dividend by 30.4% to $0.15
• Neutral Sentiment: Macro backdrop — Fed/PPI and higher rates: hotter PPI and a Fed dot-plot that signals limited cuts this year add uncertainty to tech multiples and could moderate enthusiasm. New Fed “Dot Plot” Sends Markets Sliding
• Neutral Sentiment: Options positioning/volatility may mute follow-through: heavy pre-earnings positioning and gamma/vol dynamics could pin short-term price action despite strong fundamentals. Micron’s Stock May Plunge Following Earnings Results
• Negative Sentiment: Large planned CapEx and spending worries: management flagged very high near‑term capital spending (tens of billions), which spooked some investors worried about cash deployment and margin sustainability. Micron’s Q4: Why This AI Super-Cycle Is Different
• Negative Sentiment: Geopolitical/energy and supply constraints: reports that high spending and an attack affecting Qatar energy supplies rattled traders; separate commentary warns that power and capacity bottlenecks could limit upside and prompted pre-market/after-hours pullbacks. Micron Stock Plunges as High Spending Plans and an Attack on Qatar Energy Supplies Spook Investors

Insiders Place Their Bets

In other Micron Technology news, Director Steven J. Gomo sold 5,000 shares of the business’s stock in a transaction dated Friday, December 19th. The stock was sold at an average price of $263.63, for a total transaction of $1,318,150.00. Following the completion of the sale, the director directly owned 19,139 shares of the company’s stock, valued at approximately $5,045,614.57. The trade was a 20.71% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP April S. Arnzen sold 15,000 shares of the company’s stock in a transaction dated 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 transaction, the executive vice president owned 165,618 shares in the company, valued at approximately $45,891,091.62. The trade was a 8.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have purchased 23,200 shares of company stock valued at $7,821,723 and have sold 73,623 shares valued at $27,307,408. 0.24% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Weiss Ratings reiterated a “buy (b-)” rating on shares of Micron Technology in a research note on Thursday, January 29th. Wedbush raised their price target on Micron Technology from $320.00 to $500.00 and gave the company an “outperform” rating in a report on Friday, March 13th. KeyCorp lifted their price objective on Micron Technology from $325.00 to $450.00 and gave the company an “overweight” rating in a research report on Tuesday, January 13th. Wells Fargo & Company boosted their price objective on Micron Technology from $410.00 to $470.00 and gave the stock an “overweight” rating in a research note on Thursday, March 12th. Finally, TD Cowen increased their target price on Micron Technology from $450.00 to $500.00 and gave the stock a “buy” rating in a report on Monday. Six analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, Micron Technology has a consensus rating of “Buy” and an average price target of $400.79.

Micron Technology Stock Performance

Shares of Micron Technology stock opened at $461.73 on Thursday. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.46 and a quick ratio of 1.78. The firm has a 50 day simple moving average of $398.74 and a 200 day simple moving average of $279.79. Micron Technology, Inc. has a fifty-two week low of $61.54 and a fifty-two week high of $471.34. The firm has a market cap of $519.68 billion, a P/E ratio of 43.89 and a beta of 1.50.

Micron Technology (NASDAQ:MU) last posted its quarterly earnings data on Wednesday, March 18th. The semiconductor manufacturer reported $12.20 earnings per share (EPS) for the quarter, topping the consensus estimate 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 return on equity of 22.71% and a net margin of 28.15%.The business’s revenue for the quarter was up 196.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.56 EPS. Sell-side analysts predict that Micron Technology, Inc. will post 6.08 earnings per share 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. Stockholders of record on Monday, March 30th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.1%. This is a boost from Micron Technology’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend is Monday, March 30th. Micron Technology’s payout ratio is currently 4.37%.

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.