National Mutual Insurance Federation of Agricultural Cooperatives Sells 32,000 Shares of Micron Technology, Inc. $MU

National Mutual Insurance Federation of Agricultural Cooperatives lowered its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 24.2% during the second quarter, HoldingsChannel reports. The firm owned 100,000 shares of the semiconductor manufacturer’s stock after selling 32,000 shares during the quarter. Micron Technology makes up 0.8% of National Mutual Insurance Federation of Agricultural Cooperatives’ investment portfolio, making the stock its 8th largest position. National Mutual Insurance Federation of Agricultural Cooperatives’ holdings in Micron Technology were worth $115,429,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. High Note Wealth LLC lifted its stake in 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 last quarter. Kohmann Bosshard Financial Services LLC bought a new position in Micron Technology during the first quarter worth about $27,000. Bayban acquired a new position in Micron Technology during the fourth quarter worth approximately $29,000. Joseph Group Capital Management acquired a new position in Micron Technology during the fourth quarter worth approximately $31,000. Finally, Luken Investment Analytics LLC bought a new stake in Micron Technology in the fourth quarter valued at approximately $31,000. Institutional investors and hedge funds own 80.84% of the company’s stock.

Micron Technology Stock Down 5.8%

MU stock opened at $910.43 on Tuesday. The company has a market cap of $1.03 trillion, a PE ratio of 20.61 and a beta of 2.18. The business has a 50-day simple moving average of $963.47 and a 200 day simple moving average of $701.56. Micron Technology, Inc. has a 52 week low of $114.25 and a 52 week high of $1,255.00. 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 (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 the consensus estimate of $21.39 by $3.72. The business had revenue of $41.46 billion during the quarter, compared to analysts’ expectations of $35.91 billion. Micron Technology had a net margin of 55.91% and a return on equity of 71.13%. Micron Technology’s revenue was up 345.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.91 earnings per share. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. Sell-side analysts anticipate that Micron Technology, Inc. will post 72.93 EPS for the current fiscal year.

Micron Technology Announces Dividend

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

Insider Activity at Micron Technology

In other Micron Technology news, EVP Sumit Sadana sold 15,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $934.29, for a total transaction of $14,014,350.00. Following the completion of the transaction, the executive vice president directly owned 191,021 shares in the company, valued at $178,469,010.09. The trade was a 7.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Scott R. Allen sold 879 shares of the business’s stock in a transaction that occurred on Thursday, July 23rd. The shares were sold at an average price of $1,000.00, for a total transaction of $879,000.00. Following the transaction, the chief accounting officer owned 34,958 shares of the company’s stock, valued at approximately $34,958,000. This represents a 2.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 177,179 shares of company stock worth $181,826,211 in the last 90 days. Corporate insiders own 0.24% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently commented on MU shares. Mizuho lifted their target price on Micron Technology from $1,150.00 to $1,375.00 and gave the stock an “outperform” rating in a research note on Thursday, June 25th. Wolfe Research set a $1,500.00 price target on Micron Technology in a research note on Thursday, June 25th. Wells Fargo & Company increased their price target on Micron Technology from $1,220.00 to $1,525.00 and gave the company an “overweight” rating in a research note on Thursday, June 25th. UBS Group reaffirmed a “buy” rating on shares of Micron Technology in a report on Monday, August 10th. Finally, Erste Group Bank raised shares of Micron Technology from a “hold” rating to a “buy” rating in a research report on Thursday, June 25th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $1,261.26.

Trending Headlines about Micron Technology

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

• Positive Sentiment: Micron CEO Sanjay Mehrotra said demand for AI memory continues to outpace supply, with industry capacity potentially unable to catch up until 2028. He also described memory as increasingly strategic rather than a commodity. Micron CEO sounds alarm on AI memory crunch
• Positive Sentiment: The company is investing $10 billion in Micron Research Labs to develop next-generation AI memory, supporting its long-term positioning in high-bandwidth memory and other advanced products. Micron CEO’s $10 billion AI-memory investment
• Positive Sentiment: Micron opened a 60,000-square-foot Boise training center and expanded its apprenticeship pipeline, supporting its planned U.S. manufacturing expansion and future workforce needs. Micron Boise training center announcement
• Neutral Sentiment: Analyst sentiment remains broadly favorable, with a consensus “Buy” rating and price targets well above recent trading levels. However, these targets may not offset short-term volatility in the memory cycle and semiconductor sector. Micron consensus Buy recommendation
• Negative Sentiment: Reports that Washington may allow Apple to purchase memory from Chinese suppliers raised concerns about potential demand and pricing pressure for Micron and other memory-chip makers. Memory stocks slide on Apple-China sourcing report
• Negative Sentiment: Investors also reacted to the possibility of a major YMTC initial public offering, which could provide China’s memory industry with additional capital to expand competition. Broad semiconductor de-risking and profit-taking ahead of Nvidia’s results added to selling pressure. Micron and the YMTC threat
• Negative Sentiment: Reports of substantial insider selling, including sales by CEO Sanjay Mehrotra, may have further weakened sentiment by encouraging profit-taking after MU’s strong earlier gains. Micron executive share sales

Micron Technology Company 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.