J. Safra Sarasin Holding AG Cuts Stock Position in Micron Technology, Inc. $MU

J. Safra Sarasin Holding AG trimmed its position in shares of Micron Technology, Inc. (NASDAQ:MU) by 14.1% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 55,040 shares of the semiconductor manufacturer’s stock after selling 9,069 shares during the quarter. J. Safra Sarasin Holding AG’s holdings in Micron Technology were worth $9,209,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of MU. Barnes Dennig Private Wealth Management LLC purchased a new stake in Micron Technology during the third quarter valued at approximately $27,000. Cullen Frost Bankers Inc. boosted its position in shares of Micron Technology by 79.3% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 199 shares of the semiconductor manufacturer’s stock worth $33,000 after purchasing an additional 88 shares in the last quarter. First Command Advisory Services Inc. grew its stake in Micron Technology by 225.0% during the 2nd quarter. First Command Advisory Services Inc. now owns 221 shares of the semiconductor manufacturer’s stock worth $27,000 after buying an additional 153 shares during the last quarter. Howard Hughes Medical Institute acquired a new position in Micron Technology during the 2nd quarter valued at about $30,000. Finally, AlphaQuest LLC raised its stake in Micron Technology by 13,250.0% in the second quarter. AlphaQuest LLC now owns 267 shares of the semiconductor manufacturer’s stock valued at $33,000 after buying an additional 265 shares during the last quarter. 80.84% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

MU has been the topic of a number of research analyst reports. Morgan Stanley boosted their price target on Micron Technology from $338.00 to $350.00 and gave the stock an “overweight” rating in a research note on Thursday, December 18th. Sanford C. Bernstein boosted their target price on shares of Micron Technology from $270.00 to $330.00 and gave the stock an “outperform” rating in a research report on Friday, January 2nd. KeyCorp raised their price target on shares of Micron Technology from $325.00 to $450.00 and gave the stock an “overweight” rating in a report on Tuesday, January 13th. UBS Group boosted their price objective on shares of Micron Technology from $300.00 to $400.00 and gave the company a “buy” rating in a report on Wednesday, January 7th. Finally, Wells Fargo & Company raised their target price on shares of Micron Technology from $335.00 to $410.00 and gave the stock an “overweight” rating in a report on Thursday, January 15th. Four investment analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $346.66.

Insider Activity

In other news, CAO Scott R. Allen sold 2,000 shares of Micron Technology stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $337.50, for a total transaction of $675,000.00. Following the sale, the chief accounting officer owned 38,237 shares of the company’s stock, valued at approximately $12,904,987.50. The trade was a 4.97% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Manish H. Bhatia sold 26,623 shares of the firm’s stock in a transaction on Thursday, January 22nd. The stock was sold at an average price of $391.04, for a total value of $10,410,657.92. Following the sale, the executive vice president directly owned 323,486 shares of the company’s stock, valued at approximately $126,495,965.44. This trade represents a 7.60% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 209,623 shares of company stock valued at $53,066,945 in the last quarter. 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: Micron announced a roughly $24 billion, 10-year investment to build an advanced wafer fab in Singapore to boost NAND output and support AI-driven demand; this signals long-term revenue and capacity commitment, though production won’t start until 2H 2028. Micron plans $24-billion memory chipmaking plant in Singapore
• Positive Sentiment: Wall Street and independent analysts are lifting coverage and targets (e.g., William Blair initiated “Outperform”), reflecting confidence Micron will capture AI-related HBM and NAND pricing power and profit expansion. Micron (MU) Draws Outperform Initiation on AI Memory Tailwinds
• Positive Sentiment: Ongoing tight memory supply and AI-driven demand continue to support pricing and order visibility for Micron’s HBM/NAND products — a key underpinning for the recent multi-week rally. Micron to Plow $24 Billion Into Singapore AI Chip Plant. It’s Wary of a Supply Glut.
• Neutral Sentiment: Market momentum and analyst chatter are driving short-term flows; brokers’ upgrades can amplify moves but are not a guarantee of sustained gains — monitor fresh rating changes and guidance. Brokers Suggest Investing in Micron (MU)
• Neutral Sentiment: Chinese supplier Shenzhen China Micro Semicon raised prices 15–50% for certain chips, signaling broader industry cost/price dynamics — this may help pricing generally but is not a direct Micron development. China Micron Semicon raises chip prices by up to 50%
• Negative Sentiment: Competition risk: reports that Samsung is qualifying/mass-producing next‑gen HBM4 for Nvidia could take share and pricing leverage away from Micron in the near term, pressuring sentiment. Micron Technology Stock Slips on Nvidia-Samsung Supply Deal
• Negative Sentiment: Insider activity is mixed: a director purchased shares (bullish signal) but EVP Manish Bhatia sold ~26,600 shares (~7.6% reduction of his position), which some investors view as modestly negative or simply personal liquidity. SEC Filing: Insider Sale (Manish H. Bhatia)
• Negative Sentiment: Short-term pullback/profit-taking: MU ran a multi‑session rally (+~20% over a week) and some intraday weakness looks like investors locking gains rather than a shift in the long-term thesis. Micron dips after a six-session rally

Micron Technology Stock Down 2.6%

MU stock opened at $389.09 on Tuesday. The company has a current ratio of 2.46, a quick ratio of 1.78 and a debt-to-equity ratio of 0.19. The firm has a 50-day moving average of $284.66 and a two-hundred day moving average of $203.84. Micron Technology, Inc. has a 12 month low of $61.54 and a 12 month high of $412.43. The company has a market cap of $437.92 billion, a price-to-earnings ratio of 36.99 and a beta of 1.50.

Micron Technology (NASDAQ:MU) last posted its quarterly earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.77 by $1.01. Micron Technology had a return on equity of 22.71% and a net margin of 28.15%.The business had revenue of $13.64 billion during the quarter, compared to analyst estimates of $12.62 billion. During the same period in the prior year, the business earned $1.79 earnings per share. The business’s 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. As a group, analysts forecast that Micron Technology, Inc. will post 6.08 earnings per share for the current fiscal year.

Micron Technology Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Monday, December 29th were issued a $0.115 dividend. The ex-dividend date of this dividend was Monday, December 29th. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.1%. Micron Technology’s dividend payout ratio is currently 4.37%.

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.