Inceptionr LLC Sells 5,528 Shares of Micron Technology, Inc. $MU

Inceptionr LLC decreased its position in Micron Technology, Inc. (NASDAQ:MU) by 57.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,012 shares of the semiconductor manufacturer’s stock after selling 5,528 shares during the quarter. Inceptionr LLC’s holdings in Micron Technology were worth $1,145,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in Micron Technology by 1.9% in the 4th quarter. Vanguard Group Inc. now owns 106,608,094 shares of the semiconductor manufacturer’s stock worth $30,427,016,000 after acquiring an additional 1,954,644 shares during the last quarter. State Street Corp increased its stake in Micron Technology by 0.6% in the 3rd quarter. State Street Corp now owns 51,659,173 shares of the semiconductor manufacturer’s stock worth $8,643,613,000 after acquiring an additional 285,582 shares during the last quarter. Capital International Investors increased its stake in Micron Technology by 0.7% in the 3rd quarter. Capital International Investors now owns 23,372,821 shares of the semiconductor manufacturer’s stock worth $3,910,198,000 after acquiring an additional 155,860 shares during the last quarter. Norges Bank bought a new stake in Micron Technology in the 4th quarter worth approximately $6,433,456,000. Finally, Invesco Ltd. increased its stake in Micron Technology by 8.0% in the 3rd quarter. Invesco Ltd. now owns 9,622,166 shares of the semiconductor manufacturer’s stock worth $1,609,981,000 after acquiring an additional 708,716 shares during the last quarter. Institutional investors own 80.84% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on MU shares. Bank of America lifted their price objective on Micron Technology from $400.00 to $500.00 and gave the stock a “buy” rating in a research note on Thursday, March 19th. Raymond James Financial boosted their target price on Micron Technology from $530.00 to $1,100.00 and gave the company an “outperform” rating in a research report on Monday, June 1st. Rosenblatt Securities reissued a “buy” rating and set a $500.00 target price on shares of Micron Technology in a research report on Monday, March 16th. UBS Group boosted their target price on Micron Technology from $535.00 to $1,625.00 and gave the company a “buy” rating in a research report on Tuesday, May 26th. Finally, Citigroup boosted their target price on Micron Technology from $425.00 to $840.00 and gave the company a “buy” rating in a research report on Tuesday, May 19th. Five equities research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, Micron Technology has a consensus rating of “Buy” and an average price target of $707.63.

Micron Technology Stock Performance

NASDAQ MU opened at $891.88 on Thursday. The company has a market cap of $1.01 trillion, a P/E ratio of 42.11 and a beta of 2.16. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.32 and a current ratio of 2.90. The business’s 50 day moving average price is $652.14 and its 200-day moving average price is $454.31. Micron Technology, Inc. has a fifty-two week low of $103.38 and a fifty-two week high of $1,089.29.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings data on Wednesday, March 18th. The semiconductor manufacturer reported $12.20 EPS for the quarter, beating the consensus estimate of $9.19 by $3.01. The company had revenue of $23.86 billion for the quarter, compared to the consensus estimate of $19.97 billion. Micron Technology had a return on equity of 41.16% and a net margin of 41.49%.Micron Technology’s quarterly revenue was up 196 on a year-over-year basis. During the same quarter in the prior year, the company posted $1.56 EPS. Sell-side analysts predict that Micron Technology, Inc. will post 59.12 earnings per share for the current year.

Micron Technology Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Monday, March 30th were issued a $0.15 dividend. The ex-dividend date was Monday, March 30th. This is a boost from Micron Technology’s previous quarterly dividend of $0.12. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. Micron Technology’s dividend payout ratio (DPR) is currently 2.83%.

Insider Activity at Micron Technology

In other news, EVP Sumit Sadana sold 24,000 shares of the company’s stock in a transaction dated Friday, April 10th. The shares were sold at an average price of $421.35, for a total value of $10,112,400.00. Following the transaction, the executive vice president directly owned 224,021 shares in the company, valued at approximately $94,391,248.35. This represents a 9.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Sanjay Mehrotra sold 40,000 shares of the company’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $536.26, for a total transaction of $21,450,400.00. Following the completion of the transaction, the chief executive officer owned 424,503 shares in the company, valued at approximately $227,643,978.78. The trade was a 8.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 146,000 shares of company stock valued at $85,486,715. Company insiders own 0.24% of the company’s stock.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: Erste Group Bank raised its FY2026 and FY2027 EPS estimates for Micron, reinforcing the view that earnings power remains strong even after the recent rally.
• Positive Sentiment: Several recent articles and analyst notes highlight Micron as a top AI infrastructure and growth stock, supported by strong demand for HBM, DRAM, and NAND, plus upbeat long-term margin expectations.
• Positive Sentiment: Micron’s selection of Bechtel for its New York semiconductor project underscores progress on its U.S. manufacturing expansion, which could improve long-term supply capacity and strategic positioning. Micron Selects Bechtel as Construction Partner for Historic New York Semiconductor Project
• Neutral Sentiment: Micron appointed AI/cloud veteran Dr. Alexis Black Björlin to its board, a governance move that supports the company’s technology focus but is not an immediate financial catalyst. Micron Appoints Alexis Black Björlin to Board of Directors
• Neutral Sentiment: Recent commentary says the stock’s sharp run-up has left it vulnerable to volatility and short-term profit-taking ahead of Micron’s June 24 earnings report.
• Negative Sentiment: Multiple stories note that memory and AI chip stocks have pulled back on risk-off sentiment, geopolitical concerns, and broader semiconductor weakness, which has pressured MU despite its strong fundamentals.

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.