Erste Asset Management GmbH Raises Stake in Micron Technology, Inc. $MU

Erste Asset Management GmbH boosted its stake in Micron Technology, Inc. (NASDAQ:MU) by 43.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 138,629 shares of the semiconductor manufacturer’s stock after purchasing an additional 42,207 shares during the quarter. Erste Asset Management GmbH’s holdings in Micron Technology were worth $22,693,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. REAP Financial Group LLC bought a new position in shares of Micron Technology in the third quarter valued at approximately $25,000. Barnes Dennig Private Wealth Management LLC purchased a new stake in Micron Technology in the 3rd quarter worth approximately $27,000. Cullen Frost Bankers Inc. boosted its holdings in Micron Technology by 79.3% in the 3rd 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 during the period. Howard Hughes Medical Institute bought a new position in Micron Technology in the 2nd quarter valued at $30,000. Finally, Physician Wealth Advisors Inc. grew its position in shares of Micron Technology by 248.0% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 261 shares of the semiconductor manufacturer’s stock valued at $44,000 after purchasing an additional 186 shares in the last quarter. 80.84% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

MU has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. increased their price objective on Micron Technology from $220.00 to $350.00 and gave the stock an “overweight” rating in a research report on Thursday, December 18th. Raymond James Financial upped their target price on Micron Technology from $190.00 to $310.00 and gave the stock an “outperform” rating in a research note on Thursday, December 18th. Susquehanna lifted their price target on Micron Technology from $200.00 to $300.00 and gave the company a “positive” rating in a research report on Monday, December 8th. Citigroup boosted their price objective on Micron Technology from $330.00 to $385.00 and gave the stock a “buy” rating in a report on Thursday, January 15th. Finally, KeyCorp upped their price objective on shares of Micron Technology from $325.00 to $450.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 13th. Six research 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. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $358.38.

Insider Buying and Selling at Micron Technology

In other news, EVP April S. Arnzen sold 15,000 shares of the stock in a transaction on Monday, December 22nd. The stock was sold at an average price of $277.09, for a total transaction of $4,156,350.00. Following the transaction, the executive vice president directly owned 165,618 shares of the company’s stock, valued at $45,891,091.62. This represents a 8.30% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Manish H. Bhatia sold 26,623 shares of the stock in a transaction dated Thursday, January 22nd. The shares were sold at an average price of $391.04, for a total value of $10,410,657.92. Following the completion of the transaction, the executive vice president directly owned 323,486 shares in the company, valued at approximately $126,495,965.44. This represents a 7.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders bought 23,200 shares of company stock worth $7,821,723 and sold 73,623 shares worth $27,307,408. 0.24% of the stock is currently owned by corporate insiders.

Key Stories Impacting Micron Technology

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

• Positive Sentiment: Micron announced a US$200 billion U.S. buildout through 2030 and says HBM4 shipments are arriving ahead of schedule, with 2026 HBM output already allocated to customers — this directly targets AI/data-center demand and supports pricing power and long-term revenue visibility. Read More.
• Positive Sentiment: S&P raised Micron’s credit rating to BBB, citing stronger AI-driven demand — a credit upgrade lowers financing risk for large capex plans and is a vote of confidence in Micron’s growth outlook. Read More.
• Positive Sentiment: Analysts and authors highlight structural DRAM/HBM demand from AI and limited near-term global capacity additions (through 2027–28), arguing Micron can sustain elevated pricing and margins — a bullish fundamental case supporting further upside. Read More.
• Positive Sentiment: Market commentary notes MU is breaking out of consolidation and remains in a strong momentum trend tied to HBM exposure — that technical momentum is attracting momentum traders and adds to upside pressure. Read More.
• Neutral Sentiment: Multiple bullish write-ups (The Motley Fool, Zacks, 247WallSt) reiterate big YTD gains and argue valuation still looks reasonable given accelerating AI demand — useful for sentiment but largely reiterative rather than news-driving. Read More.
• Negative Sentiment: Technical analysts warn MU is technically overextended after a historic rally, raising the risk of a near-term pullback unless price breaks decisively above recent highs. Read More.
• Negative Sentiment: Short-term market data shows MU underperformed some semiconductor peers on Thursday, a reminder that relative weakness can appear even amid strong sector tailwinds. Read More.

Micron Technology Price Performance

MU opened at $415.56 on Friday. 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 stock’s 50 day simple moving average is $366.07 and its 200 day simple moving average is $250.27. The firm has a market cap of $467.72 billion, a price-to-earnings ratio of 39.50 and a beta of 1.52. Micron Technology, Inc. has a 1 year low of $61.54 and a 1 year high of $455.50.

Micron Technology (NASDAQ:MU) last released its quarterly earnings data on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share for the quarter, topping the consensus estimate of $3.77 by $1.01. The business 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 quarter last year, the business posted $1.79 EPS. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. As a group, analysts predict that Micron Technology, Inc. will post 6.08 earnings per share for the current year.

Micron Technology Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Stockholders of record on Monday, December 29th were paid a $0.115 dividend. The ex-dividend date was Monday, December 29th. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.1%. Micron Technology’s payout ratio 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.