Micron Technology, Inc. $MU Shares Sold by Mill Capital Management LLC

Mill Capital Management LLC trimmed its stake in Micron Technology, Inc. (NASDAQ:MU) by 6.0% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 150,672 shares of the semiconductor manufacturer’s stock after selling 9,663 shares during the period. Micron Technology comprises 1.9% of Mill Capital Management LLC’s investment portfolio, making the stock its 14th biggest holding. Mill Capital Management LLC’s holdings in Micron Technology were worth $25,210,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently made changes to their positions in MU. Norges Bank acquired a new position in Micron Technology during the second quarter worth $1,980,700,000. Slate Path Capital LP purchased a new stake in shares of Micron Technology in the 2nd quarter valued at $317,751,000. Vanguard Group Inc. raised its holdings in shares of Micron Technology by 1.9% in the 2nd quarter. Vanguard Group Inc. now owns 103,879,662 shares of the semiconductor manufacturer’s stock valued at $12,803,168,000 after buying an additional 1,973,294 shares during the period. State Street Corp increased its stake in Micron Technology by 2.7% during the second quarter. State Street Corp now owns 51,373,591 shares of the semiconductor manufacturer’s stock worth $6,331,795,000 after purchasing an additional 1,349,713 shares during the period. Finally, Orbis Allan Gray Ltd grew its holdings in shares of Micron Technology by 50.2% in the second quarter. Orbis Allan Gray Ltd now owns 3,457,726 shares of the semiconductor manufacturer’s stock valued at $426,165,000 after purchasing an additional 1,156,086 shares in the last quarter. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. lifted their price objective on shares of Micron Technology from $220.00 to $350.00 and gave the stock an “overweight” rating in a research report on Thursday, December 18th. KGI Securities raised Micron Technology from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 24th. Citigroup increased their price objective on Micron Technology from $330.00 to $385.00 and gave the company a “buy” rating in a report on Thursday, January 15th. Summit Insights raised Micron Technology to a “strong-buy” rating in a research report on Tuesday, September 23rd. Finally, New Street Research restated a “neutral” rating on shares of Micron Technology in a research note on Tuesday, October 14th. Five investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $338.72.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: Rosenblatt reaffirmed a “buy” on Micron and set a $500 price target, implying substantial upside and signaling continued analyst conviction in MU’s AI-driven growth prospects. Rosenblatt Reaffirms Buy, $500 PT
• Positive Sentiment: Micron hit a new 52-week high as investors price in sustained AI/data-center memory demand and sold-out HBM supply — momentum that is lifting sentiment and valuations. Micron Hits New 52-Week High
• Positive Sentiment: Micron warns the global DRAM shortage is “unprecedented” and will persist as AI data-center demand surges, supporting pricing power and near-term revenue visibility for memory suppliers. Micron Warns of Unprecedented DRAM Shortage
• Positive Sentiment: Micron agreed to acquire a Taiwan chip fab for about $1.8B to boost DRAM/HBM production capacity — a strategic move to capture AI-driven demand and reduce supply constraints. Micron to Acquire Taiwan Fab for $1.8B
• Neutral Sentiment: Multiple outlets (Zacks, Motley Fool and others) are adding Micron to AI-themed buy lists, framing MU as a core AI-memory play — helpful for flows but not new company-specific fundamentals. Best AI Stocks to Buy and Hold: Micron
• Negative Sentiment: Barron’s and others flag market concerns that rapid capacity deals and heavy spending (fab purchases) could raise execution risk or capital intensity — a reminder that growth comes with balance-sheet and integration risk. Why Micron’s Fab Deal Raises Market Concerns

Insider Buying and Selling at Micron Technology

In related news, Director Teyin M. Liu acquired 11,600 shares of Micron Technology stock in a transaction on Wednesday, January 14th. The shares were purchased at an average cost of $337.22 per share, for a total transaction of $3,911,752.00. Following the purchase, the director directly owned 25,910 shares of the company’s stock, valued at $8,737,370.20. The trade was a 81.06% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Scott R. Allen sold 2,000 shares of Micron Technology stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $337.50, for a total transaction of $675,000.00. Following the completion of the transaction, the chief accounting officer directly owned 38,237 shares of the company’s stock, valued at approximately $12,904,987.50. This represents a 4.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 287,500 shares of company stock valued at $65,892,908. Company insiders own 0.24% of the company’s stock.

Micron Technology Trading Up 4.2%

NASDAQ MU opened at $377.96 on Tuesday. The stock has a market capitalization of $425.40 billion, a P/E ratio of 35.75 and a beta of 1.50. Micron Technology, Inc. has a 52-week low of $61.54 and a 52-week high of $365.81. The firm has a 50-day moving average price of $270.08 and a 200 day moving average price of $194.48. The company has a quick ratio of 1.78, a current ratio of 2.46 and a debt-to-equity ratio of 0.19.

Micron Technology (NASDAQ:MU) last released its quarterly earnings data on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 EPS for the quarter, topping the consensus estimate of $3.77 by $1.01. Micron Technology had a net margin of 28.15% and a return on equity of 22.71%. The business had revenue of $13.64 billion for the quarter, compared to analyst estimates of $12.62 billion. During the same period in the previous year, the firm earned $1.79 EPS. The business’s revenue for the quarter 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. Equities research analysts expect that Micron Technology, Inc. will post 6.08 EPS for the current year.

Micron Technology Dividend Announcement

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