Atalanta Sosnoff Capital LLC Sells 3,933 Shares of Micron Technology, Inc. $MU

Posted by ABMN Staff on Jun 13th, 2026

Atalanta Sosnoff Capital LLC lowered its stake in Micron Technology, Inc. (NASDAQ:MU – Free Report) by 1.2% in the fourth quarter, Holdings Channel reports. The fund owned 324,674 shares of the semiconductor manufacturer’s stock after selling 3,933 shares during the quarter. Micron Technology accounts for approximately 1.8% of Atalanta Sosnoff Capital LLC’s investment portfolio, making the stock its 18th largest holding. Atalanta Sosnoff Capital LLC’s holdings in Micron Technology were worth $92,665,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. High Note Wealth LLC lifted its stake in shares of Micron Technology by 65.4% in the 4th quarter. High Note Wealth LLC now owns 86 shares of the semiconductor manufacturer’s stock valued at $25,000 after purchasing an additional 34 shares during the period. Elevation Wealth Partners LLC lifted its stake in shares of Micron Technology by 295.8% in the 4th quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer’s stock valued at $27,000 after purchasing an additional 71 shares during the period. Steigerwald Gordon & Koch Inc. lifted its stake in shares of Micron Technology by 4,800.0% in the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 98 shares of the semiconductor manufacturer’s stock valued at $28,000 after purchasing an additional 96 shares during the period. GHP Investment Advisors Inc. lifted its stake in shares of Micron Technology by 91.2% in the 4th quarter. GHP Investment Advisors Inc. now owns 109 shares of the semiconductor manufacturer’s stock valued at $31,000 after purchasing an additional 52 shares during the period. Finally, Joseph Group Capital Management acquired a new position in shares of Micron Technology in the 4th quarter valued at about $31,000. Institutional investors own 80.84% of the company’s stock.

Micron Technology Trading Down 1.4%

NASDAQ MU opened at $981.61 on Friday. The stock has a market cap of $1.11 trillion, a P/E ratio of 46.35 and a beta of 2.16. The company has a current ratio of 2.90, a quick ratio of 2.32 and a debt-to-equity ratio of 0.13. Micron Technology, Inc. has a 12 month low of $103.38 and a 12 month high of $1,089.29. The stock’s fifty day moving average price is $677.58 and its 200-day moving average price is $463.52.

Micron Technology (NASDAQ:MU – Get Free Report) last posted its quarterly earnings data on Wednesday, March 18th. The semiconductor manufacturer reported $12.20 EPS for the quarter, topping the consensus estimate of $9.19 by $3.01. The firm had revenue of $23.86 billion for the quarter, compared to the consensus estimate of $19.97 billion. Micron Technology had a return on equity of 41.16% and a net margin of 41.49%.The business’s revenue for the quarter was up 196 compared to the same quarter last year. During the same quarter last year, the company earned $1.56 earnings per share. As a group, equities analysts forecast that Micron Technology, Inc. will post 59.23 EPS for the current fiscal year.

Micron Technology Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Monday, March 30th were paid a dividend of $0.15 per share. This is a positive change from Micron Technology’s previous quarterly dividend of $0.12. The ex-dividend date was Monday, March 30th. This represents a $0.60 annualized dividend and a yield of 0.1%. Micron Technology’s dividend payout ratio (DPR) is presently 2.83%.

Insider Transactions at Micron Technology

In other news, Director Steven J. Gomo sold 2,000 shares of the business’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $787.03, for a total value of $1,574,060.00. Following the completion of the transaction, the director owned 17,139 shares of the company’s stock, valued at $13,488,907.17. The trade was a 10.45% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Sumit Sadana sold 24,000 shares of the stock in a transaction that occurred on Friday, April 10th. The shares were sold at an average price of $421.35, for a total value of $10,112,400.00. Following the transaction, the executive vice president directly owned 224,021 shares of the company’s stock, valued at $94,391,248.35. The trade was a 9.68% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 146,000 shares of company stock worth $85,486,715 in the last 90 days. 0.24% of the stock is owned by company insiders.

Key Stories Impacting Micron Technology

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

Positive Sentiment: AI-driven demand for high-bandwidth memory and NAND storage continues to support Micron’s long-term growth outlook, with analysts citing strong margins and revenue momentum. AI Storage Boom Aids NAND Demand: Can Micron Capitalize on the Trend?
Positive Sentiment: Wall Street remains broadly upbeat on Micron’s earnings power, with several analysts raising targets and saying the stock still has double-digit upside ahead of earnings. Analysts See Double-Digit Upside in Micron Stock — Should You Buy Before June 24 Earnings?
Positive Sentiment: Micron is being viewed as a key AI beneficiary, with investors and analysts pointing to HBM demand, institutional buying, and recent certification for Nvidia’s next-gen platform as evidence of stronger secular demand. Nvidia Corp (NVDA) Strengthens AI Platform with Micron HBM4
Neutral Sentiment: Several pieces frame Micron as a high-momentum AI stock, but these are more commentary than new company-specific catalysts. How to Hold the Next Nvidia Through the Noise
Negative Sentiment: Goldman Sachs’ cautious stance suggests investors may be pricing in too much optimism before earnings, which can create near-term volatility if results are merely solid rather than exceptional. Why Goldman Is Cautious on Micron Stock Ahead of Earnings
Negative Sentiment: Some articles note profit-taking after Micron’s explosive rally, with valuation concerns weighing on sentiment despite the strong AI backdrop. Micron stock plunges 12% in a week: why investors are booking profits

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Cantor Fitzgerald boosted their price objective on Micron Technology from $700.00 to $1,500.00 and gave the company an “overweight” rating in a research note on Monday, June 8th. Needham & Company LLC lifted their target price on Micron Technology from $450.00 to $500.00 and gave the stock a “buy” rating in a research note on Thursday, March 19th. Sanford C. Bernstein lifted their target price on Micron Technology from $330.00 to $510.00 and gave the company an “outperform” rating in a report on Wednesday, March 18th. TD Cowen boosted their target price on Micron Technology from $550.00 to $660.00 and gave the stock a “buy” rating in a research report on Tuesday, April 28th. Finally, DA Davidson assumed coverage on Micron Technology in a research report on Monday, May 11th. They issued a “buy” rating and a $1,000.00 price objective for the company. Five investment analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, Micron Technology presently has a consensus rating of “Buy” and an average price target of $737.63.

View Our Latest Stock Report on MU

Micron Technology Company Profile

(Free Report)

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.