New York State Common Retirement Fund Sells 148,758 Shares of Micron Technology, Inc. $MU

New York State Common Retirement Fund lessened its holdings in Micron Technology, Inc. (NASDAQ:MU) by 9.8% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 1,363,993 shares of the semiconductor manufacturer’s stock after selling 148,758 shares during the period. New York State Common Retirement Fund’s holdings in Micron Technology were worth $228,223,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Brighton Jones LLC lifted its holdings in shares of Micron Technology by 18.3% in the fourth quarter. Brighton Jones LLC now owns 6,318 shares of the semiconductor manufacturer’s stock worth $532,000 after buying an additional 976 shares in the last quarter. Sivia Capital Partners LLC grew its stake in Micron Technology by 21.7% during the second quarter. Sivia Capital Partners LLC now owns 3,528 shares of the semiconductor manufacturer’s stock valued at $435,000 after acquiring an additional 628 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in Micron Technology by 10.6% in the 2nd quarter. Janney Montgomery Scott LLC now owns 262,753 shares of the semiconductor manufacturer’s stock valued at $32,384,000 after acquiring an additional 25,102 shares during the last quarter. Chicago Capital LLC purchased a new stake in Micron Technology in the 2nd quarter worth $301,000. Finally, Midwest Financial Group LLC lifted its stake in Micron Technology by 4.9% in the 2nd quarter. Midwest Financial Group LLC now owns 22,900 shares of the semiconductor manufacturer’s stock worth $2,822,000 after purchasing an additional 1,070 shares in the last quarter. 80.84% of the stock is owned by institutional investors.

Micron Technology News Summary

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

• Positive Sentiment: Micron broke ground on a new advanced wafer fab in Singapore — a planned ~$24 billion investment over 10 years to add NAND/advanced memory capacity, signaling management’s conviction in persistent AI and data-center demand and supporting a multi-year growth runway. Micron (MU) Expands Manufacturing Footprint as AI Drives Long-Term Memory Demand
• Positive Sentiment: Analyst upgrades and higher price targets (including a Mizuho raise to $480) and coverage notes helped lift sentiment — headlines cite upgrades and the stock hitting new 12‑month highs after those analyst moves. Upgrades reinforce upside expectations and likely drove buying. Micron Technology Reaches New 12-Month High Following Analyst Upgrade
• Positive Sentiment: Industry commentary and investor notes point to AI-driven memory tightness and margin expansion — multiple pieces highlight robust HBM/NAND demand, improving margins and revenue tailwinds that support higher earnings forecasts. This underpins the bullish narrative for MU. AI-Driven Demand Supports Micron Technology’s (MU) Margin Expansion
• Neutral Sentiment: Positive media/analyst pieces and lists (investor guides, “top AI chip stocks” features) continue to promote MU as a buy — helpful for sentiment but incremental vs. company-level catalysts. Top AI Stock Performers of 2025 That Could Soar Higher in 2026
• Negative Sentiment: Unusual put-option activity: elevated buying of out‑of‑the‑money puts after MU’s rapid run suggests some market participants are hedging or speculating on a pullback, which can add short-term downside pressure or increase volatility. Unusual Put Options Activity In Micron Technology After MU Stock Doubles In 2 Months
• Negative Sentiment: Insider activity: a reported sale of 26,623 shares by Manish Bhatia could be interpreted as opportunistic profit-taking; insider sales sometimes temper sentiment even when the company outlook is strong. Manish Bhatia Sells 26,623 Shares of Micron Technology
• Negative Sentiment: Critical/contrarian views: some analysts/commentators warn of a cyclical bust risk after a sharp rally, reminding investors that memory markets are cyclical and that rapid multiple expansion can reverse. Micron: …At $400, It’s Time To Sell Before A Potential Bust Cycle

Analyst Upgrades and Downgrades

MU has been the subject of a number of research analyst reports. Rosenblatt Securities restated a “buy” rating and set a $500.00 price objective on shares of Micron Technology in a research report on Tuesday, January 20th. Wells Fargo & Company raised their price target on Micron Technology from $335.00 to $410.00 and gave the company an “overweight” rating in a report on Thursday, January 15th. Weiss Ratings raised Micron Technology from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Saturday, November 1st. William Blair started coverage on Micron Technology in a research report on Thursday, January 22nd. They set an “outperform” rating for the company. Finally, TD Cowen raised their target price on shares of Micron Technology from $300.00 to $450.00 and gave the company a “buy” rating in a report on Tuesday, January 20th. Five investment 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 company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $349.76.

Micron Technology Price Performance

Shares of Micron Technology stock opened at $435.28 on Thursday. The stock has a market cap of $489.91 billion, a price-to-earnings ratio of 41.38 and a beta of 1.50. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.78 and a current ratio of 2.46. The stock has a 50 day moving average price of $292.48 and a 200-day moving average price of $207.46. Micron Technology, Inc. has a one year low of $61.54 and a one year high of $438.94.

Micron Technology (NASDAQ:MU) last issued 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 company had revenue of $13.64 billion during the quarter, compared to the consensus estimate of $12.62 billion. Micron Technology had a return on equity of 22.71% and a net margin of 28.15%.Micron Technology’s revenue was up 56.7% on a year-over-year basis. During the same period last year, the company earned $1.79 earnings per share. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. Equities analysts expect that Micron Technology, Inc. will post 6.08 EPS for the current year.

Micron Technology Dividend Announcement

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

Insider Activity at Micron Technology

In related news, Director Steven J. Gomo sold 5,000 shares of the stock in a transaction dated Friday, December 19th. The shares were sold at an average price of $263.63, for a total value of $1,318,150.00. Following the sale, the director directly owned 19,139 shares of the company’s stock, valued at $5,045,614.57. This represents a 20.71% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Manish H. Bhatia sold 26,623 shares of the firm’s stock in a transaction dated Thursday, January 22nd. The stock was sold at an average price of $391.04, for a total transaction of $10,410,657.92. Following the completion of the sale, the executive vice president directly owned 323,486 shares of the company’s stock, valued at approximately $126,495,965.44. The trade was a 7.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders purchased 23,200 shares of company stock worth $7,821,723 and sold 61,123 shares worth $19,547,151. 0.24% of the stock is currently owned by company 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.