German American Bancorp Inc. Sells 18,519 Shares of Micron Technology, Inc. $MU

German American Bancorp Inc. lessened its holdings in Micron Technology, Inc. (NASDAQ:MU) by 26.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 50,603 shares of the semiconductor manufacturer’s stock after selling 18,519 shares during the quarter. Micron Technology makes up approximately 4.4% of German American Bancorp Inc.’s holdings, making the stock its 2nd biggest holding. German American Bancorp Inc.’s holdings in Micron Technology were worth $58,411,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. State Street Corp grew its holdings in Micron Technology by 2.1% during the 4th 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. Andar Capital Management HK Ltd lifted its stake in shares of Micron Technology by 856,960.3% in the 2nd quarter. Andar Capital Management HK Ltd now owns 34,282,413 shares of the semiconductor manufacturer’s stock valued at $39,571,847,000 after purchasing an additional 34,278,413 shares during the period. Norges Bank acquired a new position in shares of Micron Technology in the 4th quarter valued at $6,433,456,000. Morgan Stanley boosted its position in shares of Micron Technology by 5.1% in the 4th 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 boosted its position in shares of Micron Technology by 1.9% in the 4th quarter. Northern Trust Corp now owns 10,654,349 shares of the semiconductor manufacturer’s stock worth $3,040,858,000 after purchasing an additional 194,550 shares during the last quarter. Institutional investors and hedge funds own 80.84% of the company’s stock.

Analyst Ratings Changes

MU has been the subject of a number of analyst reports. Wells Fargo & Company lifted their price objective on Micron Technology from $1,220.00 to $1,525.00 and gave the stock an “overweight” rating in a research note on Thursday, June 25th. ThinkEquity restated a “buy” rating on shares of Micron Technology in a report on Monday, August 3rd. New Street Research upgraded Micron Technology from a “neutral” rating to a “buy” rating and set a $1,250.00 target price for the company in a research report on Friday, August 14th. Mizuho lowered their price target on Micron Technology from $1,375.00 to $1,300.00 and set an “outperform” rating for the company in a research note on Tuesday. Finally, BMO Capital Markets began coverage on shares of Micron Technology in a research report on Friday, August 21st. They issued an “outperform” rating and a $1,300.00 price target on the stock. Four investment analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $1,295.63.

Micron Technology Stock Performance

MU stock opened at $935.74 on Friday. The business’s 50-day moving average price is $955.65 and its two-hundred day moving average price is $713.18. The company has a current ratio of 3.42, a quick ratio of 2.98 and a debt-to-equity ratio of 0.05. The firm has a market cap of $1.06 trillion, a PE ratio of 21.18 and a beta of 2.18. Micron Technology, Inc. has a 1-year low of $114.25 and a 1-year high of $1,255.00.

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

Micron Technology Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 21st. Investors of record on Monday, July 6th were paid 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 dividend payout ratio is presently 1.36%.

Insider Buying and Selling at Micron Technology

In other Micron Technology news, Director Lynn A. Dugle sold 1,300 shares of the firm’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 sale, the director directly owned 17,728 shares in the company, valued at approximately $20,394,823.04. This trade represents a 6.83% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CAO Scott R. Allen sold 879 shares of Micron Technology stock in a transaction that occurred on 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 approximately $34,958,000. The trade was a 2.45% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 177,179 shares of company stock worth $182,127,955 in the last quarter. Company insiders own 0.24% of the company’s stock.

Key Stories Impacting Micron Technology

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

• Positive Sentiment: Nvidia said memory availability has become a key constraint on AI expansion and indicated it is willing to pay higher prices. The comments support demand, pricing power and margins for Micron’s DRAM and high-bandwidth memory products. Nvidia’s reported memory-related purchase commitments reportedly more than doubled to $279 billion. Nvidia Says Memory Is a Key Constraint
• Positive Sentiment: President Donald Trump praised Micron’s planned $10 billion investment in U.S. research laboratories, saying it should strengthen America’s position in AI and advanced computing. The announcement reinforces potential strategic and government support for Micron’s domestic expansion. Trump Hails Micron’s U.S. Research Investment
• Positive Sentiment: Recent results remain a major fundamental support: Micron reported $41.46 billion in quarterly revenue and $25.11 in EPS, far exceeding estimates, with revenue up 345.8% year over year. Commentary also highlighted an 84.9% non-GAAP gross margin, surpassing Nvidia’s reported adjusted margin. Micron’s Gross Margin Beat Nvidia’s
• Neutral Sentiment: Micron appointed Manish Bhatia as president and chief operating officer and Scott DeBoer as president and chief technology and products officer. The changes are intended to improve execution during the AI memory expansion but are unlikely to materially alter near-term results. Micron will report fiscal fourth-quarter results on September 30. Micron Announces Leadership Appointments
• Negative Sentiment: Investors appear to be locking in gains after Micron’s powerful rally, while Nvidia’s disclosures raised concerns that memory scarcity could restrict AI hardware deliveries rather than simply boost Micron sales. Potential U.S. chip tariffs and a broader debate over interest rates add to uncertainty. Why Is Micron Stock Falling?
• Negative Sentiment: Competitive risks persist from Chinese memory producer YMTC, while Micron CEO Sanjay Mehrotra’s sale of 40,000 shares for approximately $38.8 million may weigh on sentiment, although insider sales do not necessarily indicate a change in business outlook. Micron CEO Share Sale

About Micron Technology

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.