Collar Capital Management LLC Trims Position in Micron Technology, Inc. $MU

Collar Capital Management LLC reduced its stake in Micron Technology, Inc. (NASDAQ:MU) by 18.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 25,134 shares of the semiconductor manufacturer’s stock after selling 5,669 shares during the period. Micron Technology makes up 4.8% of Collar Capital Management LLC’s portfolio, making the stock its largest holding. Collar Capital Management LLC’s holdings in Micron Technology were worth $7,173,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. COFG Advisors LLC purchased a new position in shares of Micron Technology in the 4th quarter worth $1,300,000. a16z Perennial Management L.P. grew its stake in shares of Micron Technology by 11.6% in the 4th quarter. a16z Perennial Management L.P. now owns 2,682 shares of the semiconductor manufacturer’s stock worth $765,000 after buying an additional 279 shares in the last quarter. New Mexico Educational Retirement Board grew its stake in shares of Micron Technology by 4.8% in the 4th quarter. New Mexico Educational Retirement Board now owns 52,875 shares of the semiconductor manufacturer’s stock worth $15,091,000 after buying an additional 2,400 shares in the last quarter. Ellevest Inc. grew its stake in shares of Micron Technology by 32.0% in the 4th quarter. Ellevest Inc. now owns 1,819 shares of the semiconductor manufacturer’s stock worth $519,000 after buying an additional 441 shares in the last quarter. Finally, Thompson Siegel & Walmsley LLC grew its stake in shares of Micron Technology by 10.8% in the 4th quarter. Thompson Siegel & Walmsley LLC now owns 8,502 shares of the semiconductor manufacturer’s stock worth $2,427,000 after buying an additional 830 shares in the last quarter. 80.84% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Micron Technology

In other Micron Technology news, EVP April S. Arnzen sold 40,000 shares of the business’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $347.39, for a total value of $13,895,600.00. Following the completion of the sale, the executive vice president directly owned 125,737 shares of the company’s stock, valued at $43,679,776.43. The trade was a 24.13% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sanjay Mehrotra sold 40,000 shares of the business’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $536.26, for a total transaction of $21,450,400.00. Following the completion of the sale, the chief executive officer directly owned 424,503 shares of the company’s stock, valued at approximately $227,643,978.78. This trade represents a 8.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 106,000 shares of company stock valued at $47,032,460 in the last quarter. Corporate insiders own 0.24% of the company’s stock.

Micron Technology Price Performance

Micron Technology stock opened at $1,035.50 on Tuesday. The stock has a market cap of $1.17 trillion, a price-to-earnings ratio of 48.89 and a beta of 2.15. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.90 and a quick ratio of 2.32. Micron Technology, Inc. has a 1 year low of $94.40 and a 1 year high of $1,046.97. The firm has a 50-day moving average of $569.31 and a two-hundred day moving average of $418.02.

Micron Technology (NASDAQ:MU) last released its quarterly earnings data on Wednesday, March 18th. The semiconductor manufacturer reported $12.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $9.19 by $3.01. The company had revenue of $23.86 billion during the quarter, compared to analysts’ expectations of $19.97 billion. Micron Technology had a net margin of 41.49% and a return on equity of 41.16%. The firm’s quarterly revenue was up 196 on a year-over-year basis. During the same period in the previous year, the company earned $1.56 EPS. On average, research analysts forecast that Micron Technology, Inc. will post 58.62 earnings per share for the current year.

Micron Technology Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Monday, March 30th were given a $0.15 dividend. This is a positive change from Micron Technology’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend was Monday, March 30th. This represents a $0.60 annualized dividend and a yield of 0.1%. Micron Technology’s dividend payout ratio is presently 2.83%.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on MU. Wells Fargo & Company lifted their price objective on shares of Micron Technology from $470.00 to $550.00 and gave the stock an “overweight” rating in a research note on Thursday, March 19th. KeyCorp lifted their price target on shares of Micron Technology from $450.00 to $600.00 and gave the stock an “overweight” rating in a research note on Thursday, March 19th. Wedbush lifted their price target on shares of Micron Technology from $320.00 to $500.00 and gave the stock an “outperform” rating in a research note on Friday, March 13th. Bank of America lifted their price target on shares of Micron Technology from $400.00 to $500.00 and gave the stock a “buy” rating in a research note on Thursday, March 19th. Finally, Sanford C. Bernstein lifted their price target on shares of Micron Technology from $330.00 to $510.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 18th. Five analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, Micron Technology currently has an average rating of “Buy” and a consensus price target of $621.97.

Trending Headlines about Micron Technology

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

• Positive Sentiment: Micron unveiled its AI-optimized memory and storage portfolio at COMPUTEX 2026, highlighting products such as HBM4, 256GB SOCAMM2, high-capacity DDR5 RDIMMs, and advanced SSDs that are designed to boost AI inference, bandwidth, and power efficiency. Micron Technology Showcases AI-Optimized Memory and Storage Solutions at COMPUTEX 2026
• Positive Sentiment: Raymond James raised its price target on Micron to $1,100 from $530 and reiterated an outperform rating, adding to a wave of upbeat Wall Street commentary on the stock. Micron Technology had its price target raised by Raymond James Financial, Inc.
• Positive Sentiment: Multiple articles pointed to Micron as a key beneficiary of the AI memory shortage and broader semiconductor rally, with memory and storage names extending a “parabolic” run as demand outstrips supply. 2 AI Memory Stocks Outperforming NVIDIA With Big Upside Ahead
• Positive Sentiment: More coverage said Micron is one of the latest $1 trillion market-cap names, underscoring investor enthusiasm for its AI-driven growth story and the bullish momentum in the memory chip sector. Are the 3 Newest Members of the $1 Trillion Market Cap Club the Latest Sign of an AI Bubble?

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.