Levin Capital Strategies L.P. Makes New Investment in Micron Technology, Inc. $MU

Levin Capital Strategies L.P. acquired a new stake in shares of Micron Technology, Inc. (NASDAQ:MU) during the first quarter, Holdings Channel reports. The firm acquired 1,879 shares of the semiconductor manufacturer’s stock, valued at approximately $635,000.

Other large investors also recently modified their holdings of the company. High Note Wealth LLC lifted 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 buying an additional 34 shares during the period. Kohmann Bosshard Financial Services LLC bought a new stake in Micron Technology in the first quarter valued at $27,000. Steigerwald Gordon & Koch Inc. grew 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 acquiring an additional 96 shares during the period. Bayban acquired a new position in Micron Technology during the fourth quarter worth $29,000. Finally, GHP Investment Advisors Inc. raised 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 acquiring an additional 52 shares in the last quarter. 80.84% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Micron Technology

In other Micron Technology news, Director Lynn A. Dugle sold 1,300 shares of the company’s stock in a transaction on Tuesday, June 30th. The shares were sold at an average price of $1,150.43, for a total transaction of $1,495,559.00. Following the completion of the sale, 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. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Sanjay Mehrotra sold 40,000 shares of the stock in a transaction on Friday, May 1st. The shares were sold at an average price of $536.26, for a total value of $21,450,400.00. Following the completion of the transaction, the chief executive officer directly owned 424,503 shares in the company, valued at approximately $227,643,978.78. This trade represents a 8.61% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 163,300 shares of company stock valued at $152,667,204 in the last three months. Insiders own 0.24% of the company’s stock.

Micron Technology News Summary

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

• Positive Sentiment: Bank of America reiterated a bullish view on Micron after the Kimi K3 launch, arguing that low-cost AI models can actually increase memory-chip demand rather than reduce it. Bank of America Reaffirms Bullish Micron Stock Call After Kimi K3 Launch
• Positive Sentiment: Multiple reports said Micron jumped after BofA’s note and a broader chip rebound, with analysts also raising price targets as the AI memory upcycle gains traction. Micron jumps 12% on BofA note, chip rally
• Positive Sentiment: Memory prices are reportedly still skyrocketing, with Morgan Stanley forecasting at least a 25% increase from Q2 to Q3, which supports higher revenue and margins for Micron. Micron, Western Digital, and Sandisk Just Jumped 12% to 14%. Here’s the Forecast That Did It.
• Positive Sentiment: Wall Street commentary remains constructive on AI infrastructure names, with Micron highlighted as a beneficiary of strong revenue growth, expanding profitability, and the ongoing AI spending cycle. 2 AI Infrastructure Stocks That Could Outperform NVIDIA
• Neutral Sentiment: Several articles framed Micron as part of a broader “Memi” trade and a continued semiconductor rebound, reinforcing the AI-memory narrative but not adding much company-specific news. A new group of stocks is transforming global equities markets. Meet ‘Memi,’ the $3 trillion sector fueled by AI’s insatiable hunger for memory chips
• Neutral Sentiment: Bearish takes also emerged, including one arguing Micron could be a “generational short” with substantial downside, which may be tempering some enthusiasm after the recent run-up. Micron: A Generational Short Opportunity With 76% Downside

Micron Technology Price Performance

Shares of MU stock opened at $959.48 on Thursday. The firm has a market cap of $1.08 trillion, a price-to-earnings ratio of 21.72 and a beta of 2.14. Micron Technology, Inc. has a 12 month low of $103.38 and a 12 month high of $1,255.00. The company has a quick ratio of 2.98, a current ratio of 3.42 and a debt-to-equity ratio of 0.05. The stock has a 50-day moving average price of $958.06 and a 200 day moving average price of $615.70.

Micron Technology (NASDAQ:MU) last released its earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $21.39 by $3.72. The company had revenue of $41.46 billion for the quarter, compared to the consensus estimate of $35.91 billion. Micron Technology had a net margin of 55.91% and a return on equity of 71.13%. The company’s revenue was up 345.8% compared to the same quarter last year. During the same period in the prior year, the company posted $1.91 EPS. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. Research analysts expect that Micron Technology, Inc. will post 72.93 EPS for the current year.

Micron Technology Announces Dividend

The firm also recently disclosed 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 was Monday, July 6th. Micron Technology’s dividend payout ratio is currently 1.36%.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. TD Cowen restated a “buy” rating on shares of Micron Technology in a research note on Friday, July 10th. Morgan Stanley upped their target price on shares of Micron Technology from $1,050.00 to $1,200.00 and gave the stock an “overweight” rating in a report on Thursday, June 25th. UBS Group increased their target price on shares of Micron Technology from $535.00 to $1,625.00 and gave the stock a “buy” rating in a research report on Tuesday, May 26th. KeyCorp reissued an “overweight” rating on shares of Micron Technology in a report on Monday. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on shares of Micron Technology from $1,500.00 to $1,550.00 and gave the company a “buy” rating in a research report on Thursday, June 25th. Four research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Buy” and an average target price of $1,268.93.

Micron Technology Company 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.