Hudson Bay Capital Management LP Sells 298,277 Shares of Micron Technology, Inc. $MU

Hudson Bay Capital Management LP trimmed its position in Micron Technology, Inc. (NASDAQ:MU) by 99.5% during the third quarter, HoldingsChannel reports. The institutional investor owned 1,539 shares of the semiconductor manufacturer’s stock after selling 298,277 shares during the period. Hudson Bay Capital Management LP’s holdings in Micron Technology were worth $258,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of MU. American Capital Advisory LLC increased its holdings in Micron Technology by 20.4% during the 3rd quarter. American Capital Advisory LLC now owns 272 shares of the semiconductor manufacturer’s stock worth $46,000 after acquiring an additional 46 shares during the period. Winthrop Capital Management LLC lifted its stake in Micron Technology by 4.0% in the 3rd quarter. Winthrop Capital Management LLC now owns 1,234 shares of the semiconductor manufacturer’s stock worth $206,000 after purchasing an additional 47 shares in the last quarter. Main Street Research LLC boosted its holdings in Micron Technology by 0.8% in the 3rd quarter. Main Street Research LLC now owns 5,976 shares of the semiconductor manufacturer’s stock valued at $1,000,000 after purchasing an additional 47 shares during the period. Vivaldi Capital Management LP grew its position in shares of Micron Technology by 2.6% during the 3rd quarter. Vivaldi Capital Management LP now owns 1,940 shares of the semiconductor manufacturer’s stock valued at $325,000 after purchasing an additional 49 shares in the last quarter. Finally, Teamwork Financial Advisors LLC grew its position in shares of Micron Technology by 0.4% during the 3rd quarter. Teamwork Financial Advisors LLC now owns 14,974 shares of the semiconductor manufacturer’s stock valued at $2,505,000 after purchasing an additional 53 shares in the last quarter. 80.84% of the stock is currently owned by institutional investors.

Key Micron Technology News

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

• Positive Sentiment: Blowout Q2 results and bullish guidance — Micron reported record revenue ($23.86B) and a huge EPS beat, and management issued very strong forward guidance that highlights AI/HBM demand and tight supply as drivers of continued margin expansion. Micron: Buy The Latest Blowout
• Positive Sentiment: Dividend hike tied to surging free cash flow — Coverage highlights a meaningful dividend increase (article cites a large raise) reflecting FCF strength, which strengthens the shareholder‑return story and supports valuation upside. Micron Technology Hikes Its Dividend 30% Due to Surging FCF
• Positive Sentiment: Analysts raising targets and reiterating buys — Multiple firms have lifted price targets and maintained buy ratings after the quarter, pushing model forecasts materially higher and supporting longer‑term upside. Micron Technology: Buy Rating Backed by Surging Profitability
• Neutral Sentiment: AI/data‑center runway remains the dominant macro theme — broader market pieces and sector analysis point to sustained AI infrastructure spending, which benefits Micron but also tightens expectations for future quarters. What to Expect From the Q1 Earnings Season: AI Strength
• Neutral Sentiment: Positive growth narratives and buy‑the‑dip sentiment are lifting interest in MU, but these are market‑wide themes rather than company‑specific catalysts. Here is Why Growth Investors Should Buy Micron (MU) Now
• Negative Sentiment: “Sell‑the‑news” and profit‑taking after the beat — despite the blowout numbers, the stock has seen a sharp intraday pullback as traders lock in gains after a massive multi‑quarter run; high expectations pushed valuations and opened the door for a correction. Micron Drops 4% Despite Strong Earnings: Is This a Buying Opportunity?
• Negative Sentiment: Analyst caution and bearish commentary — a subset of analysts and commentators are pointing to warning signs (sustainability of pricing, cyclicality, execution risks) that could cap the rally if supply or end‑market demand shifts. The Troubling Signs Coming Into Focus For Micron Investors
• Negative Sentiment: Elevated insider sales flagged by data aggregators — recent filings show significant insider selling activity, which some investors interpret as a near‑term negative signal despite firm fundamentals. Micron Technology Stock (MU) Opinions on Q2 Earnings Report

Micron Technology Trading Down 4.4%

NASDAQ MU opened at $404.35 on Tuesday. The stock’s 50-day simple moving average is $403.81 and its two-hundred day simple moving average is $287.33. Micron Technology, Inc. has a twelve month low of $61.54 and a twelve month high of $471.34. The company has a quick ratio of 2.32, a current ratio of 2.90 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $456.00 billion, a price-to-earnings ratio of 19.09 and a beta of 1.50.

Micron Technology (NASDAQ:MU) last posted its quarterly earnings data on Wednesday, March 18th. The semiconductor manufacturer reported $12.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $8.50 by $3.70. The firm had revenue of $23.86 billion during the quarter, compared to analysts’ expectations of $18.90 billion. Micron Technology had a return on equity of 41.16% and a net margin of 41.49%.The company’s revenue for the quarter was up 196.3% compared to the same quarter last year. During the same period in the prior year, the business earned $1.56 EPS. Research analysts forecast that Micron Technology, Inc. will post 6.08 EPS for the current fiscal year.

Micron Technology Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Monday, March 30th will be paid a $0.15 dividend. This is an increase from Micron Technology’s previous quarterly dividend of $0.12. This represents a $0.60 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Monday, March 30th. Micron Technology’s payout ratio is currently 2.17%.

Insider Buying and Selling at Micron Technology

In other Micron Technology news, 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 transaction, the executive vice president directly owned 323,486 shares in the company, valued at $126,495,965.44. This trade represents a 7.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing 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 that occurred on Monday, February 2nd. The stock was sold at an average price of $429.89, for a total transaction 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. This trade represents 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 have acquired 23,200 shares of company stock valued at $7,821,723 and have sold 53,623 shares valued at $21,832,908. Insiders own 0.24% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on MU shares. TD Cowen increased their price objective on Micron Technology from $450.00 to $500.00 and gave the stock a “buy” rating in a research report on Monday, March 16th. Bank of America boosted their target price on Micron Technology from $400.00 to $500.00 and gave the stock a “buy” rating in a research report on Thursday, March 19th. Morgan Stanley raised their price target on Micron Technology from $350.00 to $450.00 and gave the company an “overweight” rating in a report on Wednesday, February 11th. Wolfe Research lifted their price target on Micron Technology from $300.00 to $350.00 and gave the company an “outperform” rating in a research report on Thursday, December 18th. Finally, Raymond James Financial boosted their price objective on Micron Technology from $190.00 to $310.00 and gave the stock an “outperform” rating in a report on Thursday, December 18th. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, Micron Technology has an average rating of “Buy” and an average target price of $453.55.

About Micron Technology

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.