Ingalls & Snyder LLC Has $1.33 Million Stock Holdings in Micron Technology, Inc. $MU

Ingalls & Snyder LLC decreased its holdings in shares of Micron Technology, Inc. (NASDAQ:MU) by 13.5% in the third quarter, Holdings Channel reports. The firm owned 7,918 shares of the semiconductor manufacturer’s stock after selling 1,234 shares during the quarter. Ingalls & Snyder LLC’s holdings in Micron Technology were worth $1,325,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of MU. Norges Bank acquired a new stake in Micron Technology in the 2nd quarter valued at $1,980,700,000. Slate Path Capital LP acquired a new stake in shares of Micron Technology in the 2nd quarter valued at $317,751,000. Vanguard Group Inc. grew 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 worth $12,803,168,000 after purchasing an additional 1,973,294 shares during the last quarter. State Street Corp increased its position in shares of Micron Technology by 2.7% during the 2nd 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 in the last quarter. Finally, Orbis Allan Gray Ltd lifted its holdings in Micron Technology by 50.2% during the 2nd 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 during the last quarter. 80.84% of the stock is currently owned by institutional investors.

Insider Activity at Micron Technology

In related news, Director Teyin M. Liu purchased 7,820 shares of the stock in a transaction dated Wednesday, January 14th. The stock was bought at an average cost of $337.50 per share, with a total value of $2,639,250.00. Following the purchase, the director directly owned 25,910 shares in the company, valued at $8,744,625. The trade was a 43.23% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, EVP April S. Arnzen sold 15,000 shares of Micron Technology stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $277.09, for a total transaction of $4,156,350.00. Following the transaction, the executive vice president directly owned 165,618 shares in the company, valued at $45,891,091.62. The trade was a 8.30% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety 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 currently owned by insiders.

Micron Technology News Roundup

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

• Positive Sentiment: HBM4 capacity sold out and AI memory tightness — markets view exhausted HBM supply as pricing power and sustained demand for Micron’s DRAM/HBM wafer products. Micron Technology (MU) Is Up 10.3% After 2026 HBM4 Capacity Sells Out On AI Demand
• Positive Sentiment: Strong earnings momentum and guidance — recent results showed large revenue and EPS beat and management set elevated Q2 guidance, supporting expectations for continued margin expansion. MarketBeat MU summary
• Positive Sentiment: Analyst upgrades and higher price targets (Needham raised target to $450; multiple firms with bullish notes) are reinforcing buy-side interest. Needham price target raise
• Positive Sentiment: Big 13F and hedge-fund activity (including David Tepper/Appaloosa increasing MU exposure) signals institutional conviction in Micron as an AI-infrastructure play. Billionaire David Tepper Goes Big on Micron
• Positive Sentiment: Product and NAND momentum — Micron’s new SSDs (9650) and accelerating NAND revenues diversify growth beyond DRAM and could boost total addressable market for AI storage. Micron’s New SSDs Are Gamechangers For AI
• Neutral Sentiment: Huge long-term capex — Micron’s multi-hundred‑billion dollar buildout (U.S. and abroad) supports supply growth but elevates execution and timing risk; investors are weighing capacity timelines versus current tightness. Micron Is Spending $200 Billion to Break the AI Memory Bottleneck
• Negative Sentiment: Heavy insider selling and some large institutional reductions (e.g., UBS trimming shares) are being watched as potential supply into the market. Quiver Quantitative MU discussion and insider trades
• Negative Sentiment: Volatility and downside scenarios — some commentators flag rapid past drawdowns and project possible weakness (one analysis discusses a $280 downside scenario), so risk of sharp corrections remains if guidance or execution disappoints. Could Micron Stock Fall To $280?

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Stifel Nicolaus raised their price objective on shares of Micron Technology from $300.00 to $360.00 and gave the stock a “buy” rating in a report on Tuesday, January 20th. Rosenblatt Securities reaffirmed a “buy” rating and set a $500.00 price target on shares of Micron Technology in a report on Tuesday, January 20th. Wedbush set a $320.00 price objective on Micron Technology in a research note on Thursday, December 18th. Citigroup increased their target price on Micron Technology from $330.00 to $385.00 and gave the stock a “buy” rating in a report on Thursday, January 15th. Finally, Needham & Company LLC raised their target price on Micron Technology from $380.00 to $450.00 and gave the company a “buy” rating in a research note on Tuesday. Six investment analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $358.38.

Micron Technology Trading Up 5.3%

MU stock opened at $420.95 on Thursday. 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, Inc. has a twelve month low of $61.54 and a twelve month high of $455.50. The company has a market cap of $473.78 billion, a P/E ratio of 40.01 and a beta of 1.52. The business has a fifty day moving average of $344.36 and a 200-day moving average of $238.22.

Micron Technology (NASDAQ:MU) last posted its quarterly earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.77 by $1.01. The business had revenue of $13.64 billion for the quarter, compared to analysts’ expectations of $12.62 billion. Micron Technology had a return on equity of 22.71% and a net margin of 28.15%.The firm’s quarterly revenue was up 56.7% compared to the same quarter last year. During the same quarter last year, the business earned $1.79 earnings per share. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. As a group, equities research analysts expect that Micron Technology, Inc. will post 6.08 EPS for the current year.

Micron Technology Dividend Announcement

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

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.