Mirador Capital Partners LP Lowers Stock Position in Micron Technology, Inc. $MU

Mirador Capital Partners LP cut its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 38.9% in the second quarter, Holdings Channel.com reports. The fund owned 1,764 shares of the semiconductor manufacturer’s stock after selling 1,122 shares during the period. Mirador Capital Partners LP’s holdings in Micron Technology were worth $2,037,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. High Note Wealth LLC boosted its position in shares of Micron Technology by 65.4% during the 4th 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 period. Kohmann Bosshard Financial Services LLC purchased a new stake in Micron Technology in the first quarter valued at approximately $27,000. Steigerwald Gordon & Koch Inc. raised its position in Micron Technology by 4,800.0% in the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 98 shares of the semiconductor manufacturer’s stock valued at $28,000 after purchasing an additional 96 shares during the period. Bayban purchased a new stake in Micron Technology in the fourth quarter valued at approximately $29,000. Finally, GHP Investment Advisors Inc. lifted its stake in Micron Technology by 91.2% during the fourth quarter. GHP Investment Advisors Inc. now owns 109 shares of the semiconductor manufacturer’s stock worth $31,000 after purchasing an additional 52 shares in the last quarter. 80.84% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Micron Technology

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

• Positive Sentiment: Elon Musk said memory-chip demand is growing much faster than global production, implying that elevated pricing could persist for years. The comments reinforced the outlook for Micron’s high-bandwidth memory and other AI-related products. Micron Retreats From Earlier Gains After Musk Flagged Surging Memory Prices
• Positive Sentiment: Samsung’s warning that memory shortages may worsen in 2027 and continue through 2028 strengthened expectations for a prolonged supply-constrained cycle. Micron’s sold-out 2026 HBM capacity and customer commitments further support revenue visibility. Micron Has More to Gain Than Nvidia Has to Lose From Samsung’s 2028 Warning
• Positive Sentiment: Bank of America reiterated its Buy rating and $1,550 price target, calling the recent pullback an enhanced buying opportunity. The firm said cloud and AI-infrastructure demand remains solid and Micron’s pricing power is intact. Micron Pullback Seen as Buying Opportunity Amid Solid End-Demand
• Positive Sentiment: Micron’s latest quarterly results showed record revenue of about $41.5 billion, sharply higher year over year, with earnings and revenue exceeding analyst estimates. Strong forward guidance and a robust semiconductor earnings season are providing additional support.
• Neutral Sentiment: A broader semiconductor rally tied to renewed AI optimism helped lift MU and other chip stocks, although gains faded as investors reassessed risk across high-growth technology shares. Semiconductor Rally Powers S&P 500 to Fresh Record High
• Negative Sentiment: Investors remain concerned that elevated expectations for AI spending could lead to oversupply, weaker pricing or a sharper memory-stock correction. Chinese competition and Micron’s substantial retreat from its recent peak add to volatility.
• Negative Sentiment: Michael Burry’s reported short position in MU and extensive insider selling are weighing on sentiment, even though these signals do not necessarily reflect the company’s operating outlook. Micron Technology Stock Opinions on AI Demand and Short Warnings

Micron Technology Stock Up 0.1%

Shares of Micron Technology stock opened at $893.19 on Thursday. The company has a quick ratio of 2.98, a current ratio of 3.42 and a debt-to-equity ratio of 0.05. Micron Technology, Inc. has a 52-week low of $106.75 and a 52-week high of $1,255.00. The company has a market capitalization of $1.01 trillion, a P/E ratio of 20.22 and a beta of 2.18. The company has a 50 day moving average of $977.73 and a 200 day moving average of $653.36.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings data on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 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 company had revenue of $41.46 billion for the quarter, compared to the consensus estimate of $35.91 billion. During the same period in the prior year, the firm posted $1.91 EPS. The company’s quarterly 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. As a group, research analysts forecast that Micron Technology, Inc. will post 72.93 EPS for the current fiscal year.

Micron Technology Dividend Announcement

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

Analyst Ratings Changes

MU has been the subject of a number of research reports. Morgan Stanley lifted their price objective on Micron Technology from $1,050.00 to $1,200.00 and gave the company an “overweight” rating in a research note on Thursday, June 25th. Raymond James Financial lifted their target price on Micron Technology from $1,100.00 to $1,500.00 and gave the company an “outperform” rating in a research report on Thursday, June 25th. Citigroup boosted their price target on shares of Micron Technology from $1,200.00 to $1,400.00 and gave the stock a “buy” rating in a research note on Thursday, June 25th. Sanford C. Bernstein set a $1,300.00 price objective on shares of Micron Technology in a research note on Monday, June 22nd. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and set a $1,500.00 target price on shares of Micron Technology in a research note on Thursday, June 25th. Four research analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $1,268.93.

Insider Buying and Selling

In other news, CEO Sanjay Mehrotra sold 31,285 shares of the company’s stock in a transaction dated Friday, July 24th. The stock was sold at an average price of $926.83, for a total transaction of $28,995,876.55. Following the completion of the transaction, the chief executive officer directly owned 313,218 shares of the company’s stock, valued at approximately $290,299,838.94. This represents a 9.08% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Lynn A. Dugle sold 1,300 shares of the stock in a transaction dated Tuesday, June 30th. The shares were sold at an average price of $1,150.43, for a total value of $1,495,559.00. Following the completion of the transaction, the director owned 17,728 shares in the company, valued at approximately $20,394,823.04. The trade was a 6.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 164,179 shares of company stock valued at $169,385,921 over the last 90 days. 0.24% of the stock is currently owned by corporate insiders.

Micron Technology Profile

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.