Micron Technology, Inc. $MU Shares Sold by G&S Capital LLC

G&S Capital LLC lowered its position in Micron Technology, Inc. (NASDAQ:MU) by 55.9% during the second quarter, Holdings Channel.com reports. The institutional investor owned 3,234 shares of the semiconductor manufacturer’s stock after selling 4,094 shares during the period. Micron Technology accounts for approximately 1.1% of G&S Capital LLC’s portfolio, making the stock its 28th biggest position. G&S Capital LLC’s holdings in Micron Technology were worth $3,733,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Vanguard Group Inc. lifted its stake in Micron Technology by 1.9% during the 4th quarter. Vanguard Group Inc. now owns 106,608,094 shares of the semiconductor manufacturer’s stock valued at $30,427,016,000 after acquiring an additional 1,954,644 shares during the period. State Street Corp increased its stake in shares of Micron Technology by 2.1% in the fourth quarter. State Street Corp now owns 52,749,817 shares of the semiconductor manufacturer’s stock worth $15,061,310,000 after acquiring an additional 1,090,644 shares during the period. Norges Bank purchased a new position in shares of Micron Technology during the fourth quarter worth $6,433,456,000. Morgan Stanley raised its holdings in shares of Micron Technology by 5.1% during the fourth quarter. Morgan Stanley now owns 16,396,655 shares of the semiconductor manufacturer’s stock worth $4,679,771,000 after purchasing an additional 794,289 shares during the last quarter. Finally, Northern Trust Corp lifted its position in Micron Technology by 1.9% during the fourth quarter. Northern Trust Corp now owns 10,654,349 shares of the semiconductor manufacturer’s stock valued at $3,040,858,000 after purchasing an additional 194,550 shares during the period. Institutional investors and hedge funds own 80.84% of the company’s stock.

Micron Technology Stock Up 0.9%

Shares of MU opened at $868.52 on Wednesday. The firm has a market cap of $980.90 billion, a P/E ratio of 19.66 and a beta of 2.18. Micron Technology, Inc. has a 12 month low of $113.46 and a 12 month high of $1,255.00. The stock’s 50 day moving average is $967.63 and its two-hundred day moving average is $667.51. The company has a current ratio of 3.42, a quick ratio of 2.98 and a debt-to-equity ratio of 0.05.

Micron Technology (NASDAQ:MU) last announced its earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share for the quarter, topping the consensus estimate 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 the consensus estimate of $35.91 billion. During the same period in the prior year, the company posted $1.91 EPS. The business’s quarterly revenue was up 345.8% on a year-over-year basis. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. Analysts predict that Micron Technology, Inc. will post 72.93 earnings per share for the current fiscal year.

Micron Technology Announces Dividend

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

Insider Activity at Micron Technology

In related news, EVP April S. Arnzen sold 40,000 shares of the company’s stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $1,083.94, for a total transaction of $43,357,600.00. Following the completion of the transaction, the executive vice president owned 85,737 shares in the company, valued at $92,933,763.78. This represents a 31.81% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Scott R. Allen sold 879 shares of the firm’s stock in a transaction dated Thursday, July 23rd. The shares were sold at an average price of $1,000.00, for a total transaction of $879,000.00. Following the completion of the transaction, the chief accounting officer directly owned 34,958 shares in the company, valued at $34,958,000. This represents a 2.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 162,179 shares of company stock worth $167,811,861 over the last three months. Company insiders own 0.24% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Stifel Nicolaus upped their price target on shares of Micron Technology from $550.00 to $1,500.00 and gave the company a “buy” rating in a report on Thursday, June 18th. Erste Group Bank raised Micron Technology from a “hold” rating to a “buy” rating in a report on Thursday, June 25th. Melius Research started coverage on Micron Technology in a research note on Monday, April 27th. They issued a “buy” rating and a $700.00 target price on the stock. The Goldman Sachs Group raised their target price on Micron Technology from $900.00 to $1,100.00 and gave the stock a “neutral” rating in a report on Thursday, June 25th. Finally, Mizuho lifted their price target on Micron Technology from $1,150.00 to $1,375.00 and gave the company an “outperform” rating in a research report on Thursday, June 25th. Four research analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $1,260.31.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: Tight memory supply remains the key bullish catalyst. A Mizuho analyst sees approximately 60% upside, arguing that constrained DRAM and high-bandwidth memory supply could persist through 2027. Nvidia reportedly reducing memory specifications for some upcoming products may actually increase demand for scarce HBM capacity. Mizuho analyst sees upside for Micron
• Positive Sentiment: Long-term AI demand and customer contracts improve visibility. Analysts highlight Micron’s strategic take-or-pay agreements, which lock in customer commitments, pricing protections, and contracted revenue through 2030. The agreements could reduce the company’s exposure to traditional memory-cycle swings. Micron take-or-pay agreements
• Positive Sentiment: Bullish forecasts point to further upside. Seeking Alpha commentary says MU remains attractively valued even under conservative earnings scenarios, while other analyses cite potential gains toward prior highs. Rising demand from AI infrastructure and future humanoid robots is viewed as a multiyear growth opportunity. Micron bear case analysis
• Neutral Sentiment: Investors remain divided after the recent selloff. Some analysts view MU as inexpensive relative to the S&P 500 and Nasdaq-100, while others question whether its record growth and margins can persist. The stock’s recent decline and subsequent rebound reflect uncertainty over the durability of the AI memory boom.
• Negative Sentiment: Cycle and competition risks are limiting enthusiasm. Commentary warns that slower DRAM and NAND price growth could pressure future results. SpaceX’s proposed Terrafab facility reportedly aims to challenge the memory-chip oligopoly, while Apple’s testing of Chinese memory supplier CXMT raises longer-term competitive concerns. Citigroup also lowered its MU price target to $1,150. Apple tests Chinese memory chips
• Neutral Sentiment: The reported short-interest figures show zero shares and a zero-day days-to-cover ratio, with an invalid percentage change; therefore, they provide no reliable signal about short-selling pressure.

Micron Technology Company 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.