Crew Capital Management Ltd Sells 2,852 Shares of Micron Technology, Inc. $MU

Crew Capital Management Ltd trimmed its position in Micron Technology, Inc. (NASDAQ:MU - Free Report) by 58.6% in the second quarter, according to its most recent filing with the SEC. The fund owned 2,017 shares of the semiconductor manufacturer's stock after selling 2,852 shares during the period. Micron Technology accounts for approximately 1.3% of Crew Capital Management Ltd's investment portfolio, making the stock its 16th biggest position. Crew Capital Management Ltd's holdings in Micron Technology were worth $2,328,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. High Note Wealth LLC lifted its stake in shares of Micron Technology by 65.4% in the fourth quarter. High Note Wealth LLC now owns 86 shares of the semiconductor manufacturer's stock worth $25,000 after acquiring an additional 34 shares during the period. Kohmann Bosshard Financial Services LLC bought a new position in Micron Technology in the 1st quarter valued at about $27,000. Bayban purchased a new position in Micron Technology during the 4th quarter worth $29,000. Joseph Group Capital Management purchased a new position in shares of Micron Technology in the 4th quarter worth approximately $31,000. Finally, Luken Investment Analytics LLC purchased a new position in shares of Micron Technology in the 4th quarter worth about $31,000. Institutional investors and hedge funds own 80.84% of the company's stock.

Analysts Set New Price Targets

Several equities analysts recently commented on MU shares. Raymond James Financial upped their price objective on Micron Technology from $1,100.00 to $1,500.00 and gave the company an "outperform" rating in a research note on Thursday, June 25th. Wolfe Research set a $1,500.00 price objective on Micron Technology in a research note on Thursday, June 25th. BMO Capital Markets began coverage on Micron Technology in a research note on Friday. They issued an "outperform" rating and a $1,300.00 target price for the company. Royal Bank Of Canada lifted their target price on Micron Technology from $1,200.00 to $1,500.00 and gave the company an "outperform" rating in a report on Thursday, June 25th. Finally, Seaport Research Partners reissued a "buy" rating on shares of Micron Technology in a report on Friday, August 14th. Four analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus target price of $1,261.26.

Insider Buying and Selling at Micron Technology

In other Micron Technology news, CAO Scott R. Allen sold 879 shares of the company's stock in a transaction dated 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 completion of the sale, the chief accounting officer directly owned 34,958 shares in the company, valued at $34,958,000. This represents a 2.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Lynn A. Dugle sold 1,300 shares of Micron Technology stock in a transaction dated Tuesday, June 30th. The stock was sold at an average price of $1,150.43, for a total value of $1,495,559.00. Following the completion of the transaction, the director owned 17,728 shares in the company, valued at approximately $20,394,823.04. This represents a 6.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 177,179 shares of company stock valued at $181,826,211. 0.24% of the stock is currently owned by insiders.

Micron Technology Price Performance

Shares of Micron Technology stock opened at $966.78 on Friday. The firm has a market capitalization of $1.09 trillion, a PE ratio of 21.89 and a beta of 2.18. Micron Technology, Inc. has a 12 month low of $114.25 and a 12 month high of $1,255.00. The business's 50-day moving average price is $967.02 and its 200-day moving average price is $696.28. The company has a current ratio of 3.42, a quick ratio of 2.98 and a debt-to-equity ratio of 0.05.

Micron Technology (NASDAQ:MU - Get Free Report) last announced its quarterly earnings data on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share for the quarter, topping analysts' consensus estimates of $21.39 by $3.72. Micron Technology had a net margin of 55.91% and a return on equity of 71.13%. The firm had revenue of $41.46 billion during the quarter, compared to analyst estimates of $35.91 billion. During the same period in the previous year, the business posted $1.91 EPS. The business's quarterly revenue was up 345.8% on a year-over-year basis. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. Sell-side analysts forecast that Micron Technology, Inc. will post 72.93 EPS for the current fiscal year.

Micron Technology Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 21st. Shareholders of record on Monday, July 6th were paid a $0.15 dividend. The ex-dividend date of this dividend was Monday, July 6th. This represents a $0.60 annualized dividend and a yield of 0.1%. Micron Technology's payout ratio is currently 1.36%.

Micron Technology News Roundup

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

• Positive Sentiment: $10 billion research commitment: Micron unveiled Micron Research Labs in Boise, backed by a planned $10 billion investment over the next decade. The facility will focus on memory, advanced packaging, computing systems and future semiconductor manufacturing, potentially strengthening Micron’s position in AI infrastructure. Micron Research Labs announcement
• Positive Sentiment: Strong AI demand outlook: CEO Sanjay Mehrotra said AI has fundamentally changed the traditional boom-and-bust memory cycle and that AI systems cannot scale without memory. Tight supply and demand for high-bandwidth memory, server DRAM and data-center products remain key bullish catalysts. Micron CEO AI demand comments
• Positive Sentiment: Upbeat analyst coverage: BMO Capital Markets initiated coverage with an “outperform” rating and a $1,300 price target. Separately, D.A. Davidson analyst Gil Luria reportedly raised his target to $2,000, keeping a Buy rating. These forecasts suggest analysts expect AI-driven memory pricing and earnings to support further gains. Micron price target commentary
• Positive Sentiment: Positive sector momentum: Strong demand and SK hynix’s $28.6 billion buyback are supporting confidence across memory stocks. Investors are also watching Nvidia’s upcoming earnings for evidence that AI infrastructure spending remains robust. Nvidia and Micron AI outlook
• Neutral Sentiment: Long-term expansion versus execution risk: Micron’s broader $50 billion Idaho manufacturing buildout should increase U.S. capacity and support future growth, but the scale of the spending raises capital-allocation, construction and execution risks.
• Negative Sentiment: Valuation and cyclicality concerns: Commentary warns that Micron’s record revenue has been driven primarily by higher memory prices rather than substantial shipment growth. Bears argue that memory remains cyclical and that AI optimism may already be reflected in the stock’s substantial prior rally. Micron memory price analysis
• Negative Sentiment: Market and analyst pressure: Rising Treasury yields have weighed on growth stocks, while Zacks Research downgraded Micron from “strong buy” to “hold.” Michael Burry’s warning that AI infrastructure may contain excessive leverage adds to broader sector risk.
• Negative Sentiment: Insider and institutional selling: EVP Sumit Sadana sold 15,000 shares for approximately $14 million, and Stanley Druckenmiller’s fund reportedly exited Micron during the second quarter. Neither transaction necessarily signals deteriorating fundamentals, but both can reinforce profit-taking concerns after the sharp advance. Micron insider sale
• Negative Sentiment: No near-term buyback: Micron is prioritizing large investments and cannot immediately match rivals’ aggressive repurchases, reducing a potential source of near-term shareholder support. Micron buyback analysis

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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