Capital World Investors Sells 6,621,636 Shares of Micron Technology, Inc. $MU

Capital World Investors lowered its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 9.4% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 64,186,496 shares of the semiconductor manufacturer’s stock after selling 6,621,636 shares during the period. Micron Technology makes up approximately 1.5% of Capital World Investors’ portfolio, making the stock its 10th biggest holding. Capital World Investors owned about 0.06% of Micron Technology worth $10,739,635,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Orleans Capital Management Corp LA purchased a new position in shares of Micron Technology in the second quarter worth $256,000. iA Global Asset Management Inc. grew its holdings in shares of Micron Technology by 18.7% during the 3rd quarter. iA Global Asset Management Inc. now owns 146,890 shares of the semiconductor manufacturer’s stock worth $24,578,000 after acquiring an additional 23,117 shares during the period. Cary Street Partners Financial LLC grew its stake in Micron Technology by 25.0% in the second quarter. Cary Street Partners Financial LLC now owns 26,132 shares of the semiconductor manufacturer’s stock worth $3,221,000 after purchasing an additional 5,233 shares during the period. Wealthspire Advisors LLC increased its stake in shares of Micron Technology by 27.8% in the 2nd quarter. Wealthspire Advisors LLC now owns 14,754 shares of the semiconductor manufacturer’s stock worth $1,818,000 after acquiring an additional 3,208 shares in the last quarter. Finally, Wealthfront Advisers LLC boosted its position in shares of Micron Technology by 9.8% in the 3rd quarter. Wealthfront Advisers LLC now owns 95,396 shares of the semiconductor manufacturer’s stock worth $15,962,000 after purchasing an additional 8,489 shares in the last quarter. Institutional investors own 80.84% of the company’s stock.

Micron Technology Trading Up 5.1%

Shares of NASDAQ:MU opened at $389.32 on Tuesday. Micron Technology, Inc. has a 12-month low of $61.54 and a 12-month high of $455.50. The business’s fifty day simple moving average is $381.87 and its 200-day simple moving average is $265.50. The company has a market capitalization of $438.18 billion, a PE ratio of 37.01 and a beta of 1.50. The company has a current ratio of 2.46, a quick ratio of 1.78 and a debt-to-equity ratio of 0.19.

Micron Technology (NASDAQ:MU) last announced its earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share for the quarter, topping the consensus estimate of $3.77 by $1.01. The firm had revenue of $13.64 billion for the quarter, compared to the consensus estimate of $12.62 billion. Micron Technology had a return on equity of 22.71% and a net margin of 28.15%.The firm’s revenue for the quarter was up 56.7% on a year-over-year basis. During the same period in the previous year, the business earned $1.79 EPS. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. As a group, equities research analysts predict that Micron Technology, Inc. will post 6.08 earnings per share for the current fiscal year.

Micron Technology Announces Dividend

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

Analyst Ratings Changes

MU has been the topic of a number of recent analyst reports. Piper Sandler increased their price target on shares of Micron Technology from $275.00 to $400.00 and gave the company an “overweight” rating in a report on Wednesday, January 7th. Royal Bank Of Canada began coverage on Micron Technology in a report on Thursday, January 15th. They issued an “outperform” rating and a $425.00 target price on the stock. TD Cowen upped their price target on shares of Micron Technology from $300.00 to $450.00 and gave the stock a “buy” rating in a research report on Tuesday, January 20th. Itau BBA Securities reissued an “outperform” rating on shares of Micron Technology in a research note on Thursday, December 18th. Finally, Citigroup boosted their price target on shares of Micron Technology from $385.00 to $430.00 and gave the stock a “buy” rating in a research note on Monday. Six equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $381.14.

Micron Technology News Roundup

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

• Positive Sentiment: Multiple big price‑target upgrades and Buy/Positive ratings from Wall Street lift investor sentiment — Stifel raised its PT to $550. Server DDR5 Is A Promising Opportunity For Micron Technology, Inc. (MU), Says Stifel
• Positive Sentiment: Susquehanna and Citi also bumped targets (Susquehanna to $525; Citi to $430), and UBS raised its target — reinforcing a bullish consensus tied to tight memory supply and AI demand. Benzinga Coverage of Analyst Target Changes
• Positive Sentiment: Micron announced customer sampling of a 256GB SOCAMM2 LPDRAM module (co‑designed with NVIDIA) and opened an advanced assembly/test facility in India — these moves expand addressable AI memory opportunities and diversify manufacturing. Micron’s AI Memory Milestone And India Expansion Raise Valuation Questions
• Positive Sentiment: Inclusion in the S&P 100 increases index‑fund demand and signals Micron’s growing role in AI infrastructure. Micron’s S&P 100 Debut Highlights Expanding Role In AI Memory
• Positive Sentiment: Consensus previews and channel checks point to a strong Q2 setup (DRAM price strength, locked HBM deals) — analysts expect a potential beat and guidance upside, which supports near‑term upside into earnings. Micron Is Likely To Beat Earnings Again And Rise (Preview)
• Neutral Sentiment: ETFs and sector funds (e.g., VLUE, USMV) hold sizable MU positions — this supports liquidity and sustained demand but also raises correlation risk to ETF flows. Worried About Volatility? These 3 ETFs Have You Covered (MU)
• Negative Sentiment: NVIDIA reportedly selected Samsung and SK Hynix as HBM4 suppliers — a loss of an HBM4 design slot would reduce Micron’s exposure to a high‑value HBM upgrade cycle and tempers some AI upside. Nvidia Selects HBM4 Memory Suppliers
• Negative Sentiment: Articles warning that parts of the market look vulnerable and commentary that Nvidia’s supplier choices could sideline Micron in specific HBM programs add caution — they increase headline risk into earnings. Micron Investors Just Got Terrible News From Nvidia

Insider Activity

In other Micron Technology news, Director Teyin M. Liu purchased 11,600 shares of the firm’s stock in a transaction dated Tuesday, January 13th. The shares were purchased at an average cost of $337.07 per share, with a total value of $3,910,012.00. Following the completion of the purchase, the director owned 14,310 shares in the company, valued at approximately $4,823,471.70. This represents a 428.04% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Manish H. Bhatia sold 26,623 shares of the stock in a transaction that occurred on Thursday, January 22nd. The shares were sold at an average price of $391.04, for a total transaction of $10,410,657.92. Following the completion of the sale, the executive vice president directly owned 323,486 shares of the company’s stock, valued at approximately $126,495,965.44. This trade represents a 7.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have acquired 23,200 shares of company stock worth $7,821,723 and have sold 73,623 shares worth $27,307,408. Company insiders own 0.24% of the company’s stock.

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.