JB Capital LLC Sells 7,755 Shares of Micron Technology, Inc. $MU

JB Capital LLC lessened its stake in Micron Technology, Inc. (NASDAQ:MU) by 21.9% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 27,617 shares of the semiconductor manufacturer’s stock after selling 7,755 shares during the quarter. JB Capital LLC’s holdings in Micron Technology were worth $4,621,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of MU. Vanguard Group Inc. grew its stake in shares of Micron Technology by 1.9% during the 2nd quarter. Vanguard Group Inc. now owns 103,879,662 shares of the semiconductor manufacturer’s stock worth $12,803,168,000 after acquiring an additional 1,973,294 shares in the last quarter. State Street Corp raised its holdings in shares of Micron Technology by 2.7% in the 2nd quarter. State Street Corp now owns 51,373,591 shares of the semiconductor manufacturer’s stock valued at $6,331,795,000 after purchasing an additional 1,349,713 shares during the period. Geode Capital Management LLC lifted its position in shares of Micron Technology by 1.2% in the second quarter. Geode Capital Management LLC now owns 25,690,491 shares of the semiconductor manufacturer’s stock valued at $3,152,974,000 after buying an additional 314,489 shares during the last quarter. Norges Bank acquired a new stake in Micron Technology during the 2nd quarter valued at $1,980,700,000. Finally, Invesco Ltd. lifted its stake in shares of Micron Technology by 3.2% during the 2nd quarter. Invesco Ltd. now owns 8,913,450 shares of the semiconductor manufacturer’s stock worth $1,098,583,000 after buying an additional 277,507 shares during the last quarter. 80.84% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. Mizuho lifted their price target on Micron Technology from $270.00 to $290.00 and gave the stock an “outperform” rating in a report on Thursday, December 18th. Wall Street Zen raised shares of Micron Technology from a “buy” rating to a “strong-buy” rating in a research note on Sunday, November 23rd. Citigroup boosted their target price on Micron Technology from $300.00 to $330.00 and gave the stock a “buy” rating in a research note on Thursday, December 18th. BNP Paribas Exane upgraded Micron Technology from an “underperform” rating to an “outperform” rating and set a $270.00 price target for the company in a research note on Monday, October 13th. Finally, Itau BBA Securities reiterated an “outperform” rating on shares of Micron Technology in a report on Thursday, December 18th. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $282.61.

Key Micron Technology News

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

• Positive Sentiment: MarketBeat says MU has “gained momentum” after the Dec. earnings beat, projecting technical targets that imply 30%–80% upside as HBM shortages and rising HBM pricing underpin revenue and guidance. Micron Gains Momentum, Again—30% to 80% Upside in 2026
• Positive Sentiment: AmericanBankingNews/others note MU hit a new 52‑week / all‑time high after strong FQ1 results (EPS beat, +56.7% sales y/y) and upbeat guidance — headlines highlight Micron’s pricing power as one of three HBM suppliers. Micron Technology (NASDAQ:MU) Reaches New 52-Week High – Should You Buy?
• Positive Sentiment: 24/7 Wall St. profiles MU as an “undervalued long‑term winner,” citing outsized 2025 gains, AI-driven memory demand, and room to run as Micron catches up to the broader chip rally. Micron Technology Looks Like An Undervalued Long-Term Winner
• Positive Sentiment: Zacks added MU to its top growth list (Zacks Rank #1), reflecting strong analyst sentiment and buy recommendations into year‑end. Best Growth Stocks to Buy for December 30th
• Neutral Sentiment: ETF pieces (MarketBeat) highlight that thematic semiconductor ETFs give exposure to the same AI/memory cycle benefitting Micron; ETFs are suggested as lower‑risk ways to play the sector rather than single‑stock bets. Find the Next NVIDIA With This Semiconductor ETF
• Neutral Sentiment: Market commentary on NVIDIA’s Groq deal argues the AI trade is broadening and memory suppliers like Micron are indirect beneficiaries — supportive context but not MU‑specific catalyst. The Lazy Way to Play NVIDIA’s $20B Groq Deal (MU)
• Negative Sentiment: Several option/sell‑side pieces flag overbought technicals and propose bearish strategies (bear put spreads) anticipating a pullback from stretched levels — a short‑term risk for momentum traders. Micron Technology Bear Put Spread Could Return 197% in this Down Move

Micron Technology Trading Down 0.6%

MU opened at $292.51 on Wednesday. Micron Technology, Inc. has a twelve month low of $61.54 and a twelve month high of $298.83. The company has a fifty day moving average of $240.61 and a 200-day moving average of $173.98. The stock has a market cap of $329.23 billion, a PE ratio of 27.81, a price-to-earnings-growth ratio of 0.19 and a beta of 1.54. The company has a quick ratio of 1.78, a current ratio of 2.46 and a debt-to-equity ratio of 0.19.

Micron Technology (NASDAQ:MU) last issued its quarterly earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 EPS for the quarter, beating analysts’ consensus estimates of $3.77 by $1.01. Micron Technology had a net margin of 28.15% and a return on equity of 22.71%. The business had revenue of $13.64 billion for the quarter, compared to analysts’ expectations of $12.62 billion. During the same quarter in the prior year, the firm posted $1.79 earnings per share. The business’s quarterly revenue was up 56.7% compared to the same quarter last year. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. On average, sell-side analysts predict that Micron Technology, Inc. will post 6.08 EPS for the current year.

Micron Technology Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 14th. Investors of record on Monday, December 29th will be given a dividend of $0.115 per share. The ex-dividend date is Monday, December 29th. This represents a $0.46 annualized dividend and a dividend yield of 0.2%. Micron Technology’s dividend payout ratio is presently 4.37%.

Insider Buying and Selling at Micron Technology

In other Micron Technology news, CEO Sanjay Mehrotra sold 3,743 shares of Micron Technology stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $233.39, for a total value of $873,578.77. Following the completion of the sale, the chief executive officer directly owned 396,578 shares in the company, valued at approximately $92,557,339.42. The trade was a 0.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP April S. Arnzen sold 15,000 shares of the firm’s stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $277.09, for a total transaction of $4,156,350.00. Following the sale, the executive vice president directly owned 165,618 shares of the company’s stock, valued at approximately $45,891,091.62. This trade represents a 8.30% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 354,300 shares of company stock valued at $78,800,968 over the last ninety days. Insiders own 0.24% of the company’s stock.

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.