Clear Harbor Asset Management LLC Sells 2,024 Shares of Micron Technology, Inc. $MU

Clear Harbor Asset Management LLC lessened its holdings in Micron Technology, Inc. (NASDAQ:MU) by 10.4% in the third quarter, Holdings Channel reports. The institutional investor owned 17,347 shares of the semiconductor manufacturer’s stock after selling 2,024 shares during the period. Clear Harbor Asset Management LLC’s holdings in Micron Technology were worth $2,902,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in MU. First Command Advisory Services Inc. increased its position in Micron Technology by 225.0% in the 2nd quarter. First Command Advisory Services Inc. now owns 221 shares of the semiconductor manufacturer’s stock valued at $27,000 after acquiring an additional 153 shares during the period. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of Micron Technology in the third quarter worth $27,000. Howard Hughes Medical Institute bought a new stake in shares of Micron Technology in the second quarter worth $30,000. AlphaQuest LLC increased its holdings in Micron Technology by 13,250.0% in the second quarter. AlphaQuest LLC now owns 267 shares of the semiconductor manufacturer’s stock valued at $33,000 after purchasing an additional 265 shares during the period. Finally, WealthCollab LLC raised its position in Micron Technology by 4,500.0% during the 2nd quarter. WealthCollab LLC now owns 276 shares of the semiconductor manufacturer’s stock worth $34,000 after purchasing an additional 270 shares during the last quarter. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on MU shares. Cantor Fitzgerald upped their price target on Micron Technology from $300.00 to $350.00 and gave the company an “overweight” rating in a research report on Thursday, December 18th. Deutsche Bank Aktiengesellschaft lifted their price objective on Micron Technology from $200.00 to $280.00 and gave the stock a “buy” rating in a research note on Tuesday, December 9th. Wall Street Zen raised shares of Micron Technology from a “buy” rating to a “strong-buy” rating in a research report on Sunday, November 23rd. Weiss Ratings upgraded shares of Micron Technology from a “hold (c+)” rating to a “buy (b-)” rating in a report on Saturday, November 1st. Finally, Sanford C. Bernstein upped their price objective on shares of Micron Technology from $270.00 to $330.00 and gave the company an “outperform” rating in a research note on Friday, January 2nd. Five investment analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $292.00.

More Micron Technology News

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

• Positive Sentiment: Company fundamentals and AI demand remain very strong: recent results showed a large revenue and EPS beat and management set lofty FY26 guidance that signals robust AI-driven memory demand and premium pricing power. Earnings & guidance
• Positive Sentiment: Analysts are raising targets and estimates on supply tightness for DRAM/HBM — UBS and Piper Sandler boosted targets toward $400 and firms are increasing 2026–27 EPS forecasts, supporting upside case. Analyst price-target hikes
• Positive Sentiment: Macro/industry confirmation of a memory supercycle — multiple outlets and brokers (JP Morgan, Piper) highlight an extended DRAM/HBM supply squeeze as AI demand outpaces capacity, which should support pricing and margins. JP Morgan / pricing power
• Neutral Sentiment: Broader market pullback and profit-taking are weighing on the stock today even though company-specific news remains positive — traders are trimming winners after a big 2025 rally. Market pullback
• Negative Sentiment: Some technical/valuation concerns and calls of “overbought” increase near-term downside risk — strategists warn momentum could invite selling after sharp gains. Overbought warning
• Negative Sentiment: Analyst divergence: at least one high-profile note trimmed a previously aggressive target, adding short-term headline risk and giving some investors cause to reweight. Analyst cuts
• Negative Sentiment: Insider selling: Micron’s CAO sold 2,000 shares (~$675k) recently, a small but visible insider sale that can be cited by short-term traders as a reason to pare exposure. SEC filing

Micron Technology Price Performance

Shares of MU opened at $327.02 on Friday. The firm has a market cap of $368.06 billion, a PE ratio of 31.09, a price-to-earnings-growth ratio of 0.21 and a beta of 1.50. Micron Technology, Inc. has a 52-week low of $61.54 and a 52-week high of $346.30. The business’s 50 day moving average price is $254.46 and its two-hundred day moving average price is $182.69. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.78 and a current ratio of 2.46.

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

Micron Technology Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 14th. Stockholders of record on Monday, December 29th will be issued a dividend of $0.115 per share. The ex-dividend date is Monday, December 29th. This represents a $0.46 annualized dividend and a dividend yield of 0.1%. Micron Technology’s dividend payout ratio is currently 4.37%.

Insider Activity at Micron Technology

In other news, CAO Scott R. Allen sold 8,800 shares of the firm’s stock in a transaction dated Monday, October 20th. The stock was sold at an average price of $210.02, for a total value of $1,848,176.00. Following the completion of the sale, the chief accounting officer directly owned 40,237 shares in the company, valued at $8,450,574.74. This trade represents a 17.95% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Sanjay Mehrotra sold 22,500 shares of the business’s stock in a transaction dated Monday, October 27th. The shares were sold at an average price of $220.72, for a total value of $4,966,200.00. Following the completion of the sale, the chief executive officer directly owned 446,578 shares of the company’s stock, valued at $98,568,696.16. The trade was a 4.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 318,800 shares of company stock worth $72,333,387. 0.24% of the stock is currently owned by insiders.

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.