Decker Retirement Planning Inc. Cuts Stock Position in Micron Technology, Inc. $MU

Key Points

• Decker Retirement Planning cut its Micron position by 94.7% in the second quarter, selling 27,839 shares and retaining 1,546 shares valued at approximately $1.78 million.
• Analyst sentiment remains broadly positive: Micron has a consensus “Buy” rating and a $1,259.97 average price target, with several firms recently raising their targets on expectations for strong AI-related memory demand.
• Micron reported quarterly EPS of $25.11 versus $21.39 expected, while revenue surged 345.8% year over year to $41.46 billion. However, rising Chinese competition, delayed manufacturing capacity and concerns about renewed memory-cycle volatility remain key risks.

Decker Retirement Planning Inc. lessened its holdings in Micron Technology, Inc. (NASDAQ:MU - Free Report) by 94.7% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,546 shares of the semiconductor manufacturer's stock after selling 27,839 shares during the period. Decker Retirement Planning Inc.'s holdings in Micron Technology were worth $1,784,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. increased its holdings in shares of Micron Technology by 1.9% in the 4th quarter. Vanguard Group Inc. now owns 106,608,094 shares of the semiconductor manufacturer's stock worth $30,427,016,000 after buying an additional 1,954,644 shares during the last quarter. State Street Corp raised its position in shares of Micron Technology by 2.1% during the 4th quarter. State Street Corp now owns 52,749,817 shares of the semiconductor manufacturer's stock valued at $15,061,310,000 after buying an additional 1,090,644 shares in the last quarter. Norges Bank bought a new position in shares of Micron Technology in the 4th quarter valued at about $6,433,456,000. Morgan Stanley lifted its holdings in shares of Micron Technology by 5.1% in the 4th quarter. Morgan Stanley now owns 16,396,655 shares of the semiconductor manufacturer's stock valued at $4,679,771,000 after acquiring an additional 794,289 shares during the last quarter. Finally, Northern Trust Corp grew its position in Micron Technology by 1.9% in the fourth quarter. Northern Trust Corp now owns 10,654,349 shares of the semiconductor manufacturer's stock worth $3,040,858,000 after acquiring an additional 194,550 shares in the last quarter. Hedge funds and other institutional investors own 80.84% of the company's stock.

Analyst Upgrades and Downgrades

MU has been the topic of several analyst reports. Bank of America boosted their price objective on Micron Technology from $950.00 to $1,500.00 and gave the stock a "buy" rating in a research note on Tuesday, June 23rd. Wedbush raised their price objective on Micron Technology from $1,300.00 to $1,400.00 and gave the company an "outperform" rating in a research note on Thursday, June 25th. The Goldman Sachs Group lifted their target price on Micron Technology from $900.00 to $1,100.00 and gave the stock a "neutral" rating in a report on Thursday, June 25th. Susquehanna boosted their target price on Micron Technology from $1,750.00 to $2,000.00 and gave the company a "positive" rating in a research report on Thursday, June 25th. Finally, Rosenblatt Securities boosted their target price on Micron Technology from $1,200.00 to $1,500.00 and gave the company 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 two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus price target of $1,259.97.

Micron Technology Stock Performance

Shares of NASDAQ MU opened at $971.66 on Monday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.98 and a current ratio of 3.42. The business's 50 day moving average price is $965.49 and its 200-day moving average price is $679.10. Micron Technology, Inc. has a fifty-two week low of $113.46 and a fifty-two week high of $1,255.00. The company has a market cap of $1.10 trillion, a price-to-earnings ratio of 22.00 and a beta of 2.19.

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

Micron Technology Announces Dividend

The firm also recently announced 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 was Monday, July 6th. This represents a $0.60 dividend on an annualized basis and a yield of 0.1%. Micron Technology's dividend payout ratio (DPR) is presently 1.36%.

Insiders Place Their Bets

In other news, CEO Sanjay Mehrotra sold 31,285 shares of the company's stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $926.83, for a total value of $28,995,876.55. Following the transaction, the chief executive officer directly owned 313,218 shares in the company, valued at approximately $290,299,838.94. This represents a 9.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Lynn A. Dugle sold 1,300 shares of the firm's stock in a transaction dated Tuesday, June 30th. The stock was sold at an average price of $1,150.43, for a total transaction of $1,495,559.00. Following the completion of the transaction, the director directly owned 17,728 shares in the company, valued at $20,394,823.04. This represents a 6.83% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 162,179 shares of company stock valued at $167,811,861 in the last three months. 0.24% of the stock is owned by company insiders.

Key Micron Technology News

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

• Positive Sentiment: New Street upgraded Micron to “Buy” from “Neutral” and set a $1,250 price target, citing the possibility that AI is making memory demand less cyclical. The firm projects a potential $2 trillion-$3 trillion valuation for Micron by the end of the decade. Micron Upgraded to Buy on the Claim Memory Stopped Being Cyclical
• Positive Sentiment: DRAM and NAND prices are tightening again, potentially increasing the earnings impact of Micron’s rapidly expanding data-center business. Analysts are continuing to raise revenue estimates and price targets as AI infrastructure spending supports demand for high-bandwidth memory and storage. Micron Stock Jumps as Memory Pricing Tightens Again
• Positive Sentiment: Micron launched a $250 million Micron Ventures Paradigm Fund to invest across the AI technology stack, including model development, computing infrastructure, enterprise applications and physical AI. The initiative could strengthen partnerships and give Micron earlier insight into future memory and storage requirements. Micron Ventures Launches $250 Million Fund
• Neutral Sentiment: Broader semiconductor strength, record U.S. equity benchmarks and easing rate-hike expectations are supporting risk appetite for memory stocks. Technical analysts also identify approximately $1,012 as an important near-term resistance level. Micron Price Forecast
• Negative Sentiment: Risks remain from rising Chinese competition and execution timing. YMTC has surpassed Micron in NAND shipments, while Micron’s new $9.3 billion fabrication plant is not expected to produce chips until 2028. Michael Burry has also increased bearish positions involving Micron, underscoring concerns about valuation, supply growth and a possible return of memory-cycle volatility.

Micron Technology 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.

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