New York State Common Retirement Fund Sells 148,758 Shares of Micron Technology, Inc. $MU

New York State Common Retirement Fund cut its holdings in Micron Technology, Inc. (NASDAQ:MU) by 9.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,363,993 shares of the semiconductor manufacturer’s stock after selling 148,758 shares during the quarter. New York State Common Retirement Fund owned approximately 0.12% of Micron Technology worth $228,223,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. First Command Advisory Services Inc. increased its stake in shares of Micron Technology by 225.0% during the second quarter. First Command Advisory Services Inc. now owns 221 shares of the semiconductor manufacturer’s stock valued at $27,000 after purchasing an additional 153 shares in the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of Micron Technology in the 3rd quarter worth approximately $27,000. Howard Hughes Medical Institute purchased a new stake in shares of Micron Technology in the 2nd quarter worth approximately $30,000. AlphaQuest LLC increased its position in Micron Technology by 13,250.0% during the 2nd quarter. AlphaQuest LLC now owns 267 shares of the semiconductor manufacturer’s stock valued at $33,000 after buying an additional 265 shares in the last quarter. Finally, Cullen Frost Bankers Inc. raised its stake in Micron Technology by 79.3% during the third quarter. Cullen Frost Bankers Inc. now owns 199 shares of the semiconductor manufacturer’s stock valued at $33,000 after buying an additional 88 shares during the last quarter. 80.84% of the stock is currently owned by institutional investors.

Insider Activity

In other Micron Technology news, EVP April S. Arnzen sold 15,000 shares of the company’s stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $277.09, for a total transaction of $4,156,350.00. Following the completion of the sale, the executive vice president directly owned 165,618 shares of the company’s stock, valued at approximately $45,891,091.62. This represents a 8.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Manish H. Bhatia sold 26,623 shares of Micron Technology stock in a transaction on Thursday, January 22nd. The stock was sold at an average price of $391.04, for a total transaction of $10,410,657.92. Following the transaction, the executive vice president owned 323,486 shares in the company, valued at $126,495,965.44. This represents a 7.60% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have bought 23,200 shares of company stock worth $7,821,723 and have sold 61,123 shares worth $19,547,151. 0.24% of the stock is owned by company insiders.

Micron Technology Stock Performance

Shares of MU stock opened at $435.28 on Thursday. The company has a quick ratio of 1.78, a current ratio of 2.46 and a debt-to-equity ratio of 0.19. The company has a 50 day moving average price of $292.48 and a 200-day moving average price of $207.46. Micron Technology, Inc. has a 52 week low of $61.54 and a 52 week high of $438.94. The firm has a market capitalization of $489.91 billion, a PE ratio of 41.38 and a beta of 1.50.

Micron Technology (NASDAQ:MU) last issued its earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share (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 company had revenue of $13.64 billion for the quarter, compared to analysts’ expectations of $12.62 billion. During the same quarter last year, the company posted $1.79 earnings per share. The firm’s quarterly revenue was up 56.7% on a year-over-year basis. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. As a group, equities research analysts expect that Micron Technology, Inc. will post 6.08 earnings per share for the current year.

Micron Technology Announces Dividend

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

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Morgan Stanley raised their price target on Micron Technology from $338.00 to $350.00 and gave the company an “overweight” rating in a report on Thursday, December 18th. Rosenblatt Securities reissued a “buy” rating and set a $500.00 price objective on shares of Micron Technology in a research report on Tuesday, January 20th. KeyCorp lifted their target price 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. Weiss Ratings upgraded shares of Micron Technology from a “hold (c+)” rating to a “buy (b-)” rating in a report on Saturday, November 1st. Finally, Hsbc Global Res raised shares of Micron Technology to a “strong-buy” rating in a research report on Friday, January 23rd. Five equities research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $349.76.

Trending Headlines about Micron Technology

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

• Positive Sentiment: Micron broke ground on a new advanced wafer fab in Singapore — a planned ~$24 billion investment over 10 years to add NAND/advanced memory capacity, signaling management’s conviction in persistent AI and data-center demand and supporting a multi-year growth runway. Micron (MU) Expands Manufacturing Footprint as AI Drives Long-Term Memory Demand
• Positive Sentiment: Analyst upgrades and higher price targets (including a Mizuho raise to $480) and coverage notes helped lift sentiment — headlines cite upgrades and the stock hitting new 12‑month highs after those analyst moves. Upgrades reinforce upside expectations and likely drove buying. Micron Technology Reaches New 12-Month High Following Analyst Upgrade
• Positive Sentiment: Industry commentary and investor notes point to AI-driven memory tightness and margin expansion — multiple pieces highlight robust HBM/NAND demand, improving margins and revenue tailwinds that support higher earnings forecasts. This underpins the bullish narrative for MU. AI-Driven Demand Supports Micron Technology’s (MU) Margin Expansion
• Neutral Sentiment: Positive media/analyst pieces and lists (investor guides, “top AI chip stocks” features) continue to promote MU as a buy — helpful for sentiment but incremental vs. company-level catalysts. Top AI Stock Performers of 2025 That Could Soar Higher in 2026
• Negative Sentiment: Unusual put-option activity: elevated buying of out‑of‑the‑money puts after MU’s rapid run suggests some market participants are hedging or speculating on a pullback, which can add short-term downside pressure or increase volatility. Unusual Put Options Activity In Micron Technology After MU Stock Doubles In 2 Months
• Negative Sentiment: Insider activity: a reported sale of 26,623 shares by Manish Bhatia could be interpreted as opportunistic profit-taking; insider sales sometimes temper sentiment even when the company outlook is strong. Manish Bhatia Sells 26,623 Shares of Micron Technology
• Negative Sentiment: Critical/contrarian views: some analysts/commentators warn of a cyclical bust risk after a sharp rally, reminding investors that memory markets are cyclical and that rapid multiple expansion can reverse. Micron: …At $400, It’s Time To Sell Before A Potential Bust Cycle

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.