Micron Technology, Inc. $MU Shares Sold by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company reduced its stake in Micron Technology, Inc. (NASDAQ:MU) by 12.5% during the 1st quarter, HoldingsChannel reports. The firm owned 1,010,361 shares of the semiconductor manufacturer’s stock after selling 144,919 shares during the period. The Manufacturers Life Insurance Company’s holdings in Micron Technology were worth $341,312,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of MU. High Note Wealth LLC raised its stake in shares of Micron Technology by 65.4% during the fourth quarter. High Note Wealth LLC now owns 86 shares of the semiconductor manufacturer’s stock worth $25,000 after purchasing an additional 34 shares during the last quarter. Kohmann Bosshard Financial Services LLC purchased a new position in Micron Technology in the 1st quarter valued at $27,000. Steigerwald Gordon & Koch Inc. grew its position in Micron Technology by 4,800.0% in the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 98 shares of the semiconductor manufacturer’s stock valued at $28,000 after buying an additional 96 shares during the last quarter. Bayban acquired a new position in Micron Technology in the 4th quarter valued at $29,000. Finally, GHP Investment Advisors Inc. raised its position in Micron Technology by 91.2% during the 4th quarter. GHP Investment Advisors Inc. now owns 109 shares of the semiconductor manufacturer’s stock worth $31,000 after buying an additional 52 shares during the last quarter. 80.84% of the stock is currently owned by hedge funds and other institutional investors.

Micron Technology Price Performance

Shares of NASDAQ MU opened at $900.20 on Tuesday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.98 and a current ratio of 3.42. Micron Technology, Inc. has a one year low of $103.38 and a one year high of $1,255.00. The firm has a market capitalization of $1.02 trillion, a P/E ratio of 20.38 and a beta of 2.14. The company’s fifty day moving average is $970.65 and its two-hundred day moving average is $628.66.

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, beating analysts’ consensus estimates of $21.39 by $3.72. Micron Technology had a net margin of 55.91% and a return on equity of 71.13%. The business had revenue of $41.46 billion during the quarter, compared to the consensus estimate of $35.91 billion. During the same quarter last year, the firm posted $1.91 EPS. The business’s revenue was up 345.8% compared to the same quarter last year. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. Analysts forecast that Micron Technology, Inc. will post 72.93 EPS for the current fiscal year.

Micron Technology Dividend Announcement

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

Analyst Ratings Changes

Several analysts have recently commented on MU shares. Wedbush raised their target price on shares of Micron Technology from $1,300.00 to $1,400.00 and gave the stock an “outperform” rating in a research note on Thursday, June 25th. Sanford C. Bernstein set a $1,300.00 price target on shares of Micron Technology in a research note on Monday, June 22nd. Raymond James Financial increased their price target on shares of Micron Technology from $1,100.00 to $1,500.00 and gave the stock an “outperform” rating in a report on Thursday, June 25th. TD Cowen restated a “buy” rating on shares of Micron Technology in a research report on Friday, July 10th. Finally, Needham & Company LLC lifted their price objective on Micron Technology from $1,550.00 to $1,650.00 and gave the company a “buy” rating in a report on Thursday, June 25th. Four research 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.com, Micron Technology has a consensus rating of “Buy” and a consensus target price of $1,268.93.

Insider Activity at Micron Technology

In related news, EVP April S. Arnzen sold 40,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $1,083.94, for a total value of $43,357,600.00. Following the sale, 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 legal filing with the SEC, which is available at this hyperlink. Also, CEO Sanjay Mehrotra sold 40,000 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $536.26, for a total value of $21,450,400.00. Following the completion of the transaction, the chief executive officer directly owned 424,503 shares of the company’s stock, valued at $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 ninety days, insiders sold 163,300 shares of company stock valued at $152,667,204. 0.24% of the stock is currently owned by corporate insiders.

Key Micron Technology News

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

• Positive Sentiment: Strong AI data-center demand and constrained memory supply remain major long-term catalysts. Analysts and investment commentary continue to highlight Micron’s earnings growth potential, while Bank of America reportedly set a $1,550 price target. Bank of America Sets $1,550 Price Target on Micron
• Positive Sentiment: Potential U.S. tariffs or restrictions on Chinese memory products could protect Micron’s domestic market and support pricing power. The company is also investing heavily in U.S. manufacturing, positioning it as a potential beneficiary of supply-chain localization. Chips and Clips: Memory Tariffs Rewire Tech Supply Chains
• Neutral Sentiment: CME Group launched extended-hours, cash-settled single-stock futures for Micron and other major equities. The new contracts may improve access and liquidity but do not change Micron’s underlying fundamentals. CME launches single stock futures
• Negative Sentiment: China’s ChangXin Memory Technologies (CXMT) surged in its Shanghai IPO after raising roughly $8.5 billion, giving it substantial capital to expand DRAM production. Investors fear CXMT’s growing market share could increase competition and eventually pressure Micron’s pricing, margins and market position. Why are Micron, SanDisk and SK Hynix stocks falling today?
• Negative Sentiment: Reports that China is producing domestically developed deep-ultraviolet lithography equipment have amplified concerns that Chinese semiconductor companies are closing the technology gap. The resulting sector-wide selling has outweighed positive views on Micron’s AI exposure and attractive forward valuation. Micron stock faces a hidden threat after CXMT’s debut

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.