Phoenix Financial Ltd. Decreases Stock Holdings in Micron Technology, Inc. $MU

Phoenix Financial Ltd. lowered its stake in Micron Technology, Inc. (NASDAQ:MU) by 39.8% during the third quarter, Holdings Channel.com reports. The fund owned 32,196 shares of the semiconductor manufacturer’s stock after selling 21,289 shares during the quarter. Phoenix Financial Ltd.’s holdings in Micron Technology were worth $5,387,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. First Command Advisory Services Inc. increased its stake in shares of Micron Technology by 225.0% during the second quarter. First Command Advisory Services Inc. now owns 221 shares of the semiconductor manufacturer’s stock worth $27,000 after purchasing an additional 153 shares in the last quarter. Barnes Dennig Private Wealth Management LLC acquired a new stake in Micron Technology in the 3rd quarter worth about $27,000. Howard Hughes Medical Institute purchased a new stake in Micron Technology during the 2nd quarter worth approximately $30,000. AlphaQuest LLC increased its stake in Micron Technology by 13,250.0% during the 2nd quarter. AlphaQuest LLC now owns 267 shares of the semiconductor manufacturer’s stock worth $33,000 after buying an additional 265 shares in the last quarter. Finally, Cullen Frost Bankers Inc. raised its holdings in shares of Micron Technology by 79.3% during the third quarter. Cullen Frost Bankers Inc. now owns 199 shares of the semiconductor manufacturer’s stock valued at $33,000 after acquiring an additional 88 shares during the last quarter. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Insider Buying and Selling at Micron Technology

In other Micron Technology news, EVP Manish H. Bhatia sold 26,623 shares of the stock in a transaction dated Thursday, January 22nd. The shares were sold at an average price of $391.04, for a total transaction of $10,410,657.92. Following the completion of the transaction, the executive vice president owned 323,486 shares of the company’s stock, valued at $126,495,965.44. This trade represents a 7.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Teyin M. Liu purchased 11,600 shares of the company’s stock in a transaction on Wednesday, January 14th. The shares were bought at an average price of $337.22 per share, with a total value of $3,911,752.00. Following the completion of the transaction, the director owned 25,910 shares of the company’s stock, valued at approximately $8,737,370.20. The trade was a 81.06% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last quarter, insiders sold 209,623 shares of company stock worth $53,066,945. Insiders own 0.24% of the company’s stock.

Micron Technology Stock Performance

NASDAQ:MU opened at $389.09 on Tuesday. The company’s 50-day moving average is $284.66 and its two-hundred day moving average is $203.84. Micron Technology, Inc. has a 1-year low of $61.54 and a 1-year high of $412.43. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.46 and a quick ratio of 1.78. The firm has a market capitalization of $437.92 billion, a price-to-earnings ratio of 36.99 and a beta of 1.50.

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

Micron Technology Dividend Announcement

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

More Micron Technology News

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

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. BNP Paribas Exane raised Micron Technology from an “underperform” rating to an “outperform” rating and set a $270.00 price target on the stock in a research note on Monday, October 13th. Rosenblatt Securities reaffirmed a “buy” rating and set a $500.00 target price on shares of Micron Technology in a report on Tuesday, January 20th. Citigroup increased their target price on shares of Micron Technology from $330.00 to $385.00 and gave the company a “buy” rating in a research report on Thursday, January 15th. Cantor Fitzgerald boosted their price target on shares of Micron Technology from $350.00 to $450.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 14th. Finally, Weiss Ratings raised shares of Micron Technology from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Saturday, November 1st. Four equities research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $346.66.

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.