New York Life Investment Management LLC Sells 4,694 Shares of Micron Technology, Inc. $MU

New York Life Investment Management LLC lowered its holdings in Micron Technology, Inc. (NASDAQ:MU) by 2.8% in the third quarter, HoldingsChannel.com reports. The firm owned 163,030 shares of the semiconductor manufacturer’s stock after selling 4,694 shares during the quarter. New York Life Investment Management LLC’s holdings in Micron Technology were worth $27,278,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently made changes to their positions in MU. First Command Advisory Services Inc. boosted its stake in shares of Micron Technology by 225.0% in the second quarter. First Command Advisory Services Inc. now owns 221 shares of the semiconductor manufacturer’s stock valued at $27,000 after buying an additional 153 shares during the period. Barnes Dennig Private Wealth Management LLC acquired a new position in Micron Technology in the 3rd quarter valued at $27,000. Howard Hughes Medical Institute bought a new stake in shares of Micron Technology during the 2nd quarter valued at $30,000. AlphaQuest LLC grew its holdings in shares of Micron Technology by 13,250.0% during the 2nd quarter. AlphaQuest LLC now owns 267 shares of the semiconductor manufacturer’s stock worth $33,000 after purchasing an additional 265 shares in the last quarter. Finally, Cullen Frost Bankers Inc. increased its position in shares of Micron Technology by 79.3% in the third quarter. Cullen Frost Bankers Inc. now owns 199 shares of the semiconductor manufacturer’s stock worth $33,000 after purchasing an additional 88 shares during the period. Institutional investors and hedge funds own 80.84% of the company’s stock.

Micron Technology Stock Performance

NASDAQ:MU opened at $394.69 on Monday. The stock’s 50-day moving average is $318.68 and its 200-day moving average is $222.65. Micron Technology, Inc. has a 1-year low of $61.54 and a 1-year high of $455.50. The company has a current ratio of 2.46, a quick ratio of 1.78 and a debt-to-equity ratio of 0.19. The stock has a market cap of $444.23 billion, a P/E ratio of 37.52 and a beta of 1.51.

Micron Technology (NASDAQ:MU) last posted its earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 EPS for the quarter, topping 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 business had revenue of $13.64 billion for the quarter, compared to the consensus estimate of $12.62 billion. During the same period last year, the company earned $1.79 EPS. The firm’s revenue 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. Equities research analysts anticipate that Micron Technology, Inc. will post 6.08 earnings per share for the current year.

Micron Technology Announces Dividend

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

Insiders Place Their Bets

In related news, CAO Scott R. Allen sold 2,000 shares of the firm’s stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $337.50, for a total transaction of $675,000.00. Following the completion of the transaction, the chief accounting officer directly owned 38,237 shares of the company’s stock, valued at $12,904,987.50. This trade represents a 4.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Sumit Sadana sold 25,000 shares of Micron Technology stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $429.89, for a total value of $10,747,250.00. Following the transaction, the executive vice president directly owned 248,021 shares in the company, valued at $106,621,747.69. The trade was a 9.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders acquired 23,200 shares of company stock valued at $7,821,723 and sold 73,623 shares valued at $27,307,408. Company insiders own 0.24% of the company’s stock.

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.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on MU shares. Itau BBA Securities reaffirmed an “outperform” rating on shares of Micron Technology in a research report on Thursday, December 18th. KeyCorp upped their price target on shares of Micron Technology from $325.00 to $450.00 and gave the stock an “overweight” rating in a report on Tuesday, January 13th. Wolfe Research lifted their price objective on shares of Micron Technology from $300.00 to $350.00 and gave the company an “outperform” rating in a research note on Thursday, December 18th. Cantor Fitzgerald boosted their price objective on shares of Micron Technology from $350.00 to $450.00 and gave the company an “overweight” rating in a research report on Wednesday, January 14th. Finally, Mizuho raised their target price on Micron Technology from $390.00 to $480.00 and gave the company an “outperform” rating in a report on Tuesday, January 27th. Six research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $349.76.

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.