Brooklands Fund Management Ltd Makes New $3.73 Million Investment in Micron Technology, Inc. $MU

Brooklands Fund Management Ltd acquired a new position in shares of Micron Technology, Inc. (NASDAQ:MU) during the 1st quarter, Holdings Channel reports. The fund acquired 11,034 shares of the semiconductor manufacturer’s stock, valued at approximately $3,728,000. Micron Technology accounts for about 4.2% of Brooklands Fund Management Ltd’s portfolio, making the stock its 8th largest holding.

A number of other hedge funds and other institutional investors have also made changes to their positions in MU. Compound Planning Inc. increased its stake in Micron Technology by 7.0% in the first quarter. Compound Planning Inc. now owns 14,799 shares of the semiconductor manufacturer’s stock valued at $5,000,000 after purchasing an additional 962 shares during the last quarter. Klingman & Associates LLC lifted its position in Micron Technology by 19.9% during the first quarter. Klingman & Associates LLC now owns 2,581 shares of the semiconductor manufacturer’s stock worth $872,000 after buying an additional 429 shares during the period. Keebeck Wealth Management boosted its stake in Micron Technology by 45.0% in the 1st quarter. Keebeck Wealth Management now owns 2,713 shares of the semiconductor manufacturer’s stock worth $917,000 after buying an additional 842 shares during the last quarter. Siren L.L.C. acquired a new stake in Micron Technology in the 1st quarter worth about $2,027,000. Finally, Inceptionr LLC grew its holdings in Micron Technology by 8.0% in the 1st quarter. Inceptionr LLC now owns 4,332 shares of the semiconductor manufacturer’s stock valued at $1,464,000 after buying an additional 320 shares during the period. Hedge funds and other institutional investors own 80.84% of the company’s stock.

More Micron Technology News

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

• Positive Sentiment: Alphabet’s stronger capital-expenditure outlook for 2026 eased fears of an AI spending slowdown, which is lifting Micron and other memory-chip names on expectations for sustained demand. Micron stock gains 3%: how is the company benefiting from Alphabet and Tesla earnings
• Positive Sentiment: Elon Musk publicly thanked Micron during Tesla’s earnings call, adding to bullish sentiment around the company and helping fuel the stock’s recent rebound. Micron Technology Stock (MU) Is Recovering. Thank Elon Musk
• Positive Sentiment: Investor enthusiasm for the broader semiconductor and memory complex remains strong, with articles highlighting tight DRAM supply, rising memory prices, and heavy inflows into memory-focused ETFs. DRAM ETF inflows rise as Micron, SanDisk, SK Hynix, Samsung lead rally amid risks
• Positive Sentiment: Recent commentary also points to Micron’s strong margins and earnings momentum, reinforcing the view that the company is benefiting from a powerful AI-driven memory upcycle. Jim Cramer Still Loves Micron. Here Is the 1 Number That Shows Why He Is Right.

Micron Technology Stock Performance

Micron Technology stock opened at $990.21 on Friday. The stock’s 50-day moving average is $962.35 and its 200-day moving average is $620.46. The company has a market cap of $1.12 trillion, a price-to-earnings ratio of 22.42 and a beta of 2.14. The company has a debt-to-equity ratio of 0.05, a current ratio of 3.42 and a quick ratio of 2.98. Micron Technology, Inc. has a 12 month low of $103.38 and a 12 month high of $1,255.00.

Micron Technology (NASDAQ:MU) last issued its earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $21.39 by $3.72. Micron Technology had a return on equity of 71.13% and a net margin of 55.91%.The business had revenue of $41.46 billion during the quarter, compared to analysts’ expectations of $35.91 billion. During the same quarter in the previous year, the business earned $1.91 EPS. The company’s revenue for the quarter was up 345.8% on a year-over-year basis. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. Equities analysts anticipate that Micron Technology, Inc. will post 72.93 earnings per share for the current year.

Micron Technology Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 21st. Shareholders of record on Monday, July 6th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend was Monday, July 6th. Micron Technology’s payout ratio is 1.36%.

Insider Buying and Selling at Micron Technology

In other Micron Technology news, Director Lynn A. Dugle sold 1,300 shares of the business’s stock in a transaction that occurred on Tuesday, June 30th. The shares were sold at an average price of $1,150.43, for a total transaction of $1,495,559.00. Following the completion of the sale, the director directly owned 17,728 shares in the company, valued at $20,394,823.04. The trade was a 6.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP April S. Arnzen sold 40,000 shares of the stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $1,083.94, for a total transaction of $43,357,600.00. Following the completion of the sale, the executive vice president directly owned 85,737 shares of the company’s stock, valued at $92,933,763.78. The trade was a 31.81% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 163,300 shares of company stock valued at $152,667,204. 0.24% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research firms have recently commented on MU. Wedbush upped their price objective on shares of Micron Technology from $1,300.00 to $1,400.00 and gave the company an “outperform” rating in a research note on Thursday, June 25th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Micron Technology from $1,500.00 to $1,550.00 and gave the stock a “buy” rating in a research report on Thursday, June 25th. TD Cowen restated a “buy” rating on shares of Micron Technology in a report on Friday, July 10th. KeyCorp reaffirmed an “overweight” rating on shares of Micron Technology in a research report on Monday. Finally, Raymond James Financial increased their price target on shares of Micron Technology from $1,100.00 to $1,500.00 and gave the stock an “outperform” rating in a research note on Thursday, June 25th. Four investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, Micron Technology has an average rating of “Buy” and an average price target of $1,268.93.

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.