Legal & General Group Plc Increases Stake in Micron Technology, Inc.

Institutional investor boosts position in semiconductor manufacturer by 1.9% in Q3 2025

Published on Mar. 10, 2026

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Legal & General Group Plc, a major institutional investor, increased its stake in Micron Technology, Inc. (NASDAQ:MU) by 1.9% during the third quarter of 2025, according to a recent SEC filing. The firm now owns 7,275,842 shares of the semiconductor manufacturer's stock, worth approximately $1.2 billion.

Why it matters

Micron Technology is a leading global semiconductor company, and changes in institutional ownership can signal broader market sentiment and investment trends in the technology sector. Legal & General Group's increased stake suggests confidence in Micron's long-term prospects.

The details

According to the SEC filing, Legal & General Group Plc purchased an additional 135,850 shares of Micron Technology during the third quarter, bringing its total position to 7,275,842 shares. This represents approximately 0.65% of Micron's outstanding shares.

  • Legal & General Group Plc filed the 13F report disclosing the increased stake in Micron Technology on March 10, 2026.
  • The reported increase in ownership occurred during the third quarter of 2025.

The players

Legal & General Group Plc

A major global investment management firm based in the United Kingdom.

Micron Technology, Inc.

A leading American semiconductor company that designs and manufactures memory and storage solutions for a wide range of computing and electronic devices.

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The takeaway

Legal & General Group's increased stake in Micron Technology suggests the institutional investor sees long-term value in the semiconductor manufacturer's business and growth prospects, which could signal broader market confidence in the technology sector.