Blume Capital Management Inc. Lowers Stock Position in Micron Technology, Inc. $MU

Blume Capital Management Inc. cut its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 4.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 63,603 shares of the semiconductor manufacturer’s stock after selling 2,879 shares during the period. Micron Technology makes up 2.0% of Blume Capital Management Inc.’s holdings, making the stock its 19th biggest holding. Blume Capital Management Inc.’s holdings in Micron Technology were worth $10,642,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the stock. Cardinal Point Capital Management ULC acquired a new stake in Micron Technology in the 3rd quarter valued at approximately $217,000. RFG Advisory LLC boosted its position in shares of Micron Technology by 10.5% during the third quarter. RFG Advisory LLC now owns 3,030 shares of the semiconductor manufacturer’s stock worth $507,000 after buying an additional 287 shares during the period. Roman Butler Fullerton & Co. acquired a new stake in shares of Micron Technology in the third quarter valued at $235,000. Fielder Capital Group LLC purchased a new stake in shares of Micron Technology in the 3rd quarter valued at $278,000. Finally, IFG Advisors LLC raised its holdings in shares of Micron Technology by 3.3% in the 3rd quarter. IFG Advisors LLC now owns 10,177 shares of the semiconductor manufacturer’s stock valued at $1,703,000 after buying an additional 322 shares during the period. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Micron Technology Trading Up 3.1%

NASDAQ MU opened at $394.69 on Monday. The firm’s fifty day moving average price is $318.68 and its 200 day moving average price is $222.65. Micron Technology, Inc. has a 12 month low of $61.54 and a 12 month high of $455.50. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.46 and a quick ratio of 1.78. The company has a market capitalization of $444.23 billion, a price-to-earnings ratio of 37.52 and a beta of 1.51.

Micron Technology (NASDAQ:MU) last released its quarterly earnings data 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 company had revenue of $13.64 billion during the quarter, compared to the consensus estimate of $12.62 billion. Micron Technology had a net margin of 28.15% and a return on equity of 22.71%. Micron Technology’s revenue for the quarter was up 56.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.79 earnings per share. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. On average, sell-side analysts expect that Micron Technology, Inc. will post 6.08 earnings per share for the current fiscal year.

Micron Technology Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Shareholders of record on Monday, December 29th were given a dividend of $0.115 per share. The ex-dividend date of this dividend was Monday, December 29th. This represents a $0.46 annualized dividend and a yield of 0.1%. Micron Technology’s payout ratio is 4.37%.

Wall Street Analyst Weigh In

MU has been the subject of several research reports. Mizuho lifted their target price on Micron Technology from $390.00 to $480.00 and gave the company an “outperform” rating in a research report on Tuesday, January 27th. Needham & Company LLC upped their target price on shares of Micron Technology from $200.00 to $300.00 and gave the stock a “buy” rating in a research note on Tuesday, December 16th. Itau BBA Securities reissued an “outperform” rating on shares of Micron Technology in a research report on Thursday, December 18th. Rosenblatt Securities restated a “buy” rating and issued a $500.00 price target on shares of Micron Technology in a research note on Tuesday, January 20th. Finally, Phillip Securities upgraded Micron Technology to a “strong-buy” rating in a report on Monday, February 2nd. Six equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $349.76.

Insiders Place Their Bets

In other Micron Technology news, EVP April S. Arnzen sold 15,000 shares of the firm’s stock in a transaction on Monday, December 22nd. The shares were 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 of the company’s stock, valued at approximately $45,891,091.62. This trade represents a 8.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CAO Scott R. Allen sold 2,000 shares of the company’s stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $337.50, for a total transaction of $675,000.00. Following the completion of the sale, the chief accounting officer directly owned 38,237 shares of the company’s stock, valued at $12,904,987.50. The trade was a 4.97% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders acquired 23,200 shares of company stock valued at $7,821,723 and sold 73,623 shares valued at $27,307,408. 0.24% of the stock is owned by insiders.

Trending Headlines about Micron Technology

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

• Positive Sentiment: Analyst and market bulls highlight an AI memory shortage that should lift margins and revenue as data‑center capex accelerates; some view the recent dip as a buying opportunity that preserves upside on robust FY2026 EPS growth. Read More.
• Positive Sentiment: Multiple firms have raised price targets (examples include Mizuho and Phillip Securities), signaling strong conviction that HBM/DRAM tightness and Micron’s execution justify higher valuations. Read More.
• Positive Sentiment: Coverage and deep‑dive pieces (Barron’s, Forbes, The Motley Fool) reinforce the bull case that Micron is a primary beneficiary of the AI infrastructure boom and that multi‑year demand/supply dynamics support further gains. Read More.
• Positive Sentiment: Micron’s announced large NAND/supply investments — notably the reported US$24B Singapore fab project — underpin long‑term capacity expansion and revenue growth tied to NAND and AI memory markets, though they raise capex. Read More.
• Neutral Sentiment: Several valuation checks and think‑pieces note the stock’s rapid run (4x YTD in some windows) and debate whether AI tailwinds are already priced in — useful context for entry and sizing decisions but not an immediate catalyst. Read More.
• Negative Sentiment: An analyst note cutting Nvidia HBM4 supply forecasts to zero (or sharply lowering expected HBM volumes) knocked sentiment by suggesting partner demand or supply timing risks that could weigh on near‑term revenue expectations. Read More.
• Negative Sentiment: Insider selling: EVP Sumit Sadana sold ~25,000 shares (~$10.7M), which, together with post‑rally profit‑taking and unusual options activity, has amplified the pullback and investor caution. Read More.

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.