Investors Research Corp Decreases Stake in Micron Technology, Inc. $MU

Investors Research Corp cut its holdings in shares of Micron Technology, Inc. (NASDAQ:MU) by 83.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 124 shares of the semiconductor manufacturer’s stock after selling 646 shares during the quarter. Investors Research Corp’s holdings in Micron Technology were worth $143,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of MU. Andar Capital Management HK Ltd grew its position in shares of Micron Technology by 856,960.3% in the second quarter. Andar Capital Management HK Ltd now owns 34,282,413 shares of the semiconductor manufacturer’s stock valued at $39,571,847,000 after purchasing an additional 34,278,413 shares in the last quarter. Norges Bank purchased a new position in Micron Technology during the fourth quarter worth approximately $6,433,456,000. Primecap Management Co. CA acquired a new position in Micron Technology during the second quarter worth $22,182,263,000. Legal & General Group Plc acquired a new position in Micron Technology during the second quarter worth $8,402,393,000. Finally, Canada Pension Plan Investment Board purchased a new stake in Micron Technology in the 2nd quarter valued at $3,761,237,000. Institutional investors and hedge funds own 80.84% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on MU. Wolfe Research set a $1,500.00 target price on Micron Technology in a research note on Thursday, June 25th. Raymond James Financial upped their price objective on shares of Micron Technology from $1,100.00 to $1,500.00 and gave the company an “outperform” rating in a report on Thursday, June 25th. The Goldman Sachs Group raised their price objective on shares of Micron Technology from $900.00 to $1,100.00 and gave the stock a “neutral” rating in a research report on Thursday, June 25th. Rosenblatt Securities raised their target price on Micron Technology from $1,200.00 to $1,500.00 and gave the stock a “buy” rating in a research note on Thursday, June 25th. Finally, Seaport Research Partners restated a “buy” rating on shares of Micron Technology in a research report on Friday, August 14th. Four research analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $1,295.63.

Key Micron Technology News

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

• Positive Sentiment: AI-driven supply shortage supports pricing: Data-center customers are reportedly receiving only a portion of the DRAM they need, while Micron expects supply conditions to be even tighter in 2027 than in 2026. High-bandwidth memory (HBM) also consumes substantially more wafer capacity, limiting conventional DRAM supply and potentially extending elevated prices. Micron: 3 Simple Reasons Why I’m Still Bullish
• Positive Sentiment: Analysts turned more constructive: Goldman Sachs indicated that the worst of the memory-chip downturn may be over, helping lift Micron and sector peers. Other coverage points to a possible further rally as AI infrastructure demand diverts capacity toward HBM and away from traditional memory products. Memory Stocks Rally as Goldman Says the Worst May Be Over
• Positive Sentiment: Exceptional profitability remains a catalyst: Scarce AI memory is sustaining unusually high pricing and margins. Investors expect Micron’s upcoming results to demonstrate that its recent earnings surge and margin expansion are durable, potentially providing another boost to the broader memory sector. Micron Gains 2.4% as Memory’s 86% Margin Era Refuses to Break
• Neutral Sentiment: Earnings are the key near-term test: Micron’s September 30 report is widely viewed as one of the year’s most important catalysts for AI-memory stocks. The company must confirm that demand, pricing and margins can support elevated expectations after a very strong year-to-date rally. Micron’s Sept. 30 Earnings Could Be the Most Important Catalyst
• Negative Sentiment: Risks remain high: Micron’s sharp appreciation leaves the stock vulnerable to profit-taking if earnings disappoint or memory prices weaken. Longer-term competition from China, possible normalization of extraordinary margins and portfolio moves by investors reducing Micron exposure also temper the bullish outlook. Micron and Sandisk Face a New China Threat

Insider Activity at Micron Technology

In other news, EVP April S. Arnzen sold 40,000 shares of the business’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $1,083.94, for a total transaction of $43,357,600.00. Following the completion of the transaction, the executive vice president directly owned 85,737 shares of the company’s stock, valued at approximately $92,933,763.78. The trade was a 31.81% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CAO Scott R. Allen sold 879 shares of the company’s stock in a transaction that occurred on Thursday, July 23rd. The stock was sold at an average price of $1,000.00, for a total transaction of $879,000.00. Following the sale, the chief accounting officer owned 34,958 shares in the company, valued at $34,958,000. The trade was a 2.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 177,204 shares of company stock worth $182,156,264 over the last quarter. 0.24% of the stock is currently owned by insiders.

Micron Technology Stock Performance

Shares of MU stock opened at $1,027.77 on Thursday. The firm has a 50 day moving average of $929.41 and a two-hundred day moving average of $749.50. The stock has a market capitalization of $1.16 trillion, a PE ratio of 23.27, a P/E/G ratio of 0.63 and a beta of 2.22. The company has a quick ratio of 2.98, a current ratio of 3.42 and a debt-to-equity ratio of 0.05. Micron Technology, Inc. has a 52 week low of $138.34 and a 52 week high of $1,255.00.

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

Micron Technology Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 21st. Shareholders of record on Monday, July 6th were issued a dividend of $0.15 per share. The ex-dividend date was Monday, July 6th. This represents a $0.60 annualized dividend and a yield of 0.1%. Micron Technology’s dividend payout ratio is 1.36%.

Micron Technology Company Profile

Micron Technology, Inc is a global semiconductor company that designs, develops, manufactures and sells memory and storage solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, NOR flash memory, solid-state drives, memory modules and high-bandwidth memory used in data-intensive computing applications.

Micron’s products support a range of markets, including data centers, artificial intelligence and high-performance computing, personal computers, smartphones, automotive systems, industrial equipment and networking devices.