Micron Technology, Inc. $MU Stock Position Decreased by Gabelli Funds LLC

Gabelli Funds LLC trimmed its position in shares of Micron Technology, Inc. (NASDAQ:MU) by 10.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 19,500 shares of the semiconductor manufacturer’s stock after selling 2,300 shares during the quarter. Gabelli Funds LLC’s holdings in Micron Technology were worth $3,263,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in the company. American Capital Advisory LLC increased its holdings in Micron Technology by 20.4% in the third quarter. American Capital Advisory LLC now owns 272 shares of the semiconductor manufacturer’s stock worth $46,000 after buying an additional 46 shares during the last quarter. Teamwork Financial Advisors LLC lifted its stake in Micron Technology by 0.4% in the third quarter. Teamwork Financial Advisors LLC now owns 14,974 shares of the semiconductor manufacturer’s stock valued at $2,505,000 after acquiring an additional 53 shares during the last quarter. Blue Trust Inc. grew its position in Micron Technology by 0.5% in the third quarter. Blue Trust Inc. now owns 10,633 shares of the semiconductor manufacturer’s stock worth $1,779,000 after acquiring an additional 53 shares in the last quarter. Lodestone Wealth Management LLC increased its stake in shares of Micron Technology by 3.2% during the 3rd quarter. Lodestone Wealth Management LLC now owns 1,693 shares of the semiconductor manufacturer’s stock worth $283,000 after purchasing an additional 53 shares during the last quarter. Finally, Sunpointe LLC increased its stake in shares of Micron Technology by 1.3% during the 3rd quarter. Sunpointe LLC now owns 4,011 shares of the semiconductor manufacturer’s stock worth $671,000 after purchasing an additional 53 shares during the last quarter. Institutional investors own 80.84% of the company’s stock.

Micron Technology Stock Performance

NASDAQ:MU opened at $403.11 on Wednesday. The firm has a market capitalization of $453.70 billion, a PE ratio of 38.32 and a beta of 1.50. Micron Technology, Inc. has a 1 year low of $61.54 and a 1 year high of $455.50. The company has a current ratio of 2.46, a quick ratio of 1.78 and a debt-to-equity ratio of 0.19. The firm’s fifty day simple moving average is $384.09 and its 200 day simple moving average is $267.51.

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

Micron Technology Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Monday, December 29th were given a dividend of $0.115 per share. 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 payout ratio is currently 4.37%.

Micron Technology News Roundup

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

• Positive Sentiment: Strong analyst support and big price‑target raises (Citigroup, Susquehanna, Stifel, Aletheia and others) have lifted sentiment and likely contributed to buying ahead of earnings. Should You Buy Micron Stock Before March 18? Citi Analysts Say Yes.
• Positive Sentiment: Market writeups highlight AI-driven memory demand, tight HBM supply and server DDR5 opportunity — fundamentals that underpin estimates of further revenue and margin upside. AI Bottlenecks: 3 Stocks Poised to Gain from the AI Buildout
• Positive Sentiment: Company milestones — shipping large‑capacity server LPDDR modules and expanding India assembly/testing — and partnership/expansion headlines are being cited as catalysts that support a higher valuation. Micron’s AI Memory Milestone And India Expansion Raise Valuation Questions
• Positive Sentiment: Pre‑earnings momentum and sector strength are drawing investors (multiple outlets note multi‑week gains and inclusion chatter around the S&P 100), prompting short‑term buying. Micron stock draws buzz on S&P 100 inclusion
• Neutral Sentiment: General bullish coverage and “why to like” pieces (Fool, Yahoo, 247Wall) are amplifying attention but mostly restate consensus drivers rather than new, stock‑moving data. Micron Technology: Analyzing Its Potential in a Booming Industry
• Neutral Sentiment: Macro noise (e.g., a deleted Energy Secretary tweet that roiled oil markets) increases intraday volatility risk but is not MU‑specific. Deleted Tweet From Energy Secretary Sends Oil Markets on Another Wild Ride
• Negative Sentiment: Product‑sourcing news: reports that NVIDIA chose Samsung and SK Hynix for next‑gen HBM4 could pressure Micron’s hopes for share gains in that specific HBM cycle. Nvidia Selects HBM4 Memory Suppliers
• Negative Sentiment: Critical takes and concern pieces warn about concentration, competition and market cyclicality (some articles call parts of the market “vulnerable” or point to stagnation), which could amplify pullbacks if guidance disappoints. This part of the market looks ’very vulnerable’ to a deeper pullback

Insider Activity

In other news, EVP Sumit Sadana sold 25,000 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $429.89, for a total transaction of $10,747,250.00. Following the completion of the transaction, the executive vice president directly owned 248,021 shares in the company, valued at $106,621,747.69. The trade was a 9.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Teyin M. Liu acquired 7,820 shares of Micron Technology stock in a transaction dated Wednesday, January 14th. The stock was acquired at an average cost of $337.50 per share, with a total value of $2,639,250.00. Following the completion of the transaction, the director directly owned 25,910 shares of the company’s stock, valued at $8,744,625. This trade represents a 43.23% increase in their position. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders have purchased 23,200 shares of company stock worth $7,821,723 and have sold 73,623 shares worth $27,307,408. 0.24% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities research analysts recently issued reports on MU shares. Susquehanna lifted their price objective on shares of Micron Technology from $345.00 to $525.00 and gave the company a “positive” rating in a research note on Monday. Itau BBA Securities reissued an “outperform” rating on shares of Micron Technology in a research report on Thursday, December 18th. Sanford C. Bernstein raised their target price on Micron Technology from $270.00 to $330.00 and gave the company an “outperform” rating in a report on Friday, January 2nd. KeyCorp boosted their price target on Micron Technology from $325.00 to $450.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 13th. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $500.00 price target on shares of Micron Technology in a research note on Tuesday, January 20th. Six investment analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Micron Technology has an average rating of “Buy” and an average target price of $381.14.

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.