49 PRIMECAP Management Micron Technology Trades
PRIMECAP Management acquired 37.3 Million Micron Technology shares worth $3.2 Billion. That's 2.57% of their equity portfolio (7th largest holding). The investor owns 3.55% of the outstanding Micron Technology stock. The first Micron Technology trade was made in Q1 2013. Since then PRIMECAP Management bought shares fifteen more times and sold shares on 33 occasions. The stake costed the investor $458 Million, netting the investor a gain of 598% so far.
News about Micron Technology Inc. and PRIMECAP Management
Where Will Micron Stock Be in 2025?
Management envisions a market with increasing demand and decreasing supply, which signals an excellent pricing dynamic.
Micron Has Significant Upside In The Midcycle
Micron is well-positioned for the next wave of data center buildouts, driven by strong AI training and inferencing demand that outstrips GPU capacity. Manage...
Micron: Nearly 600% Potential YoY Earnings Growth In FY2025 Makes PEG Attractive
Micron's 4Q FY2024 earnings led to an 18% stock rebound, driven by +80% YoY revenue growth momentum and a positive FY2025 industry outlook, indicating robust...
Micron: Just Getting Started - Upgrading To A Buy
Our downgrade thesis played out into earnings, and now we're upgrading Micron Technology, Inc. stock to buy. Micron is uniquely positioned to benefit from in...