Grantham Mayo Van Otterloo & Co. LLC Sells 24,263 Shares of Micron Technology, Inc. $MU

Key Points

• Grantham Mayo Van Otterloo & Co. LLC cut its Micron stake by 13.4%, selling 24,263 shares and leaving it with 157,423 shares valued at about $26.34 million per its 3Q SEC filing.
• Senior insiders have been sellers recently — EVP Sumit Sadana sold 25,000 shares (~$429.89 avg) and EVP Manish Bhatia sold 26,623 shares (~$391.04 avg) — and insiders net sold more than they bought over the last 90 days (23,200 bought vs. 73,623 sold), with corporate insiders owning 0.24%.
• Micron is reporting strong operational momentum — it began shipping a 256GB LPDDR5X AI server memory, is ramping a new assembly/test facility in India, delivered a material earnings beat (quarterly EPS $4.78 vs. $3.77; revenue +56.7% YoY), and has seen multiple analyst price-target upgrades and buy ratings.

Grantham Mayo Van Otterloo & Co. LLC cut its position in Micron Technology, Inc. (NASDAQ:MU - Free Report) by 13.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 157,423 shares of the semiconductor manufacturer's stock after selling 24,263 shares during the period. Grantham Mayo Van Otterloo & Co. LLC's holdings in Micron Technology were worth $26,340,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. REAP Financial Group LLC purchased a new position in Micron Technology in the 3rd quarter worth approximately $25,000. Barnes Dennig Private Wealth Management LLC bought a new position in Micron Technology in the 3rd quarter valued at approximately $27,000. Howard Hughes Medical Institute purchased a new stake in Micron Technology during the 2nd quarter valued at $30,000. Cullen Frost Bankers Inc. boosted its stake in Micron Technology by 79.3% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 199 shares of the semiconductor manufacturer's stock valued at $33,000 after purchasing an additional 88 shares during the last quarter. Finally, WealthCollab LLC increased its holdings in shares of Micron Technology by 4,500.0% in the 2nd quarter. WealthCollab LLC now owns 276 shares of the semiconductor manufacturer's stock worth $34,000 after purchasing an additional 270 shares in the last quarter. Institutional investors own 80.84% of the company's stock.

Key Micron Technology News

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

• Positive Sentiment: Micron began shipping customer samples of its 256GB SOCAMM2 LPDDR5X AI server memory module — its highest‑capacity, power‑efficient AI DRAM — which should support higher ASPs and stronger AI‑server content per box. How Micron’s New 256GB AI Server Memory and India Ramp-Up Will Impact Micron Technology (MU) Investors
• Positive Sentiment: Micron opened and is ramping an advanced assembly & test facility in Sanand, India, expanding global manufacturing footprint to meet AI memory demand and diversify supply chains. Micron Technology, Inc. (MU) Announces the Grand Opening of its Semiconductor Assembly and Test Facility in Sanand, Gujarat, India
• Positive Sentiment: Analysts and research pieces highlight Micron’s AI memory “moat”: HBM tightness, sold‑out 2026 HBM capacity, and guidance that implies very strong margins — supporting upside to earnings expectations. Micron's New Moat: The AI Memory Supercycle
• Positive Sentiment: Earnings‑estimate revisions and momentum scores are improving, with multiple outlets flagging MU as a long‑term/momentum buy given AI demand and recent beat-and-raise results. This supports medium-term bullish case. Earnings Estimates Rising for Micron (MU): Will It Gain?
• Neutral Sentiment: Technical and trading commentary notes MU approaching its 50‑day moving average and offering potential buy points on a rebound; useful for traders but not a fundamental driver. Micron's Setup Sweetens Despite The Current Market Meltdown
• Neutral Sentiment: Mentions in ETF and options strategy pieces (e.g., VLUE holding, short‑put yield ideas) increase investor attention and liquidity but are sideways with respect to immediate fundamentals. Worried About Volatility? These 3 ETFs Have You Covered
• Negative Sentiment: Today’s decline is driven largely by weakness in South Korean memory peers (Samsung, SK Hynix) and a sectorwide selloff; contagion from those losses pressures MU despite company‑specific positives. Micron stock falls as weakness hits global memory sector
• Negative Sentiment: Broader risk‑off drivers — geopolitical tensions (Iran conflict) and macro data/events (investors awaiting February jobs report) — are depressing tech and cyclical names, adding downward pressure on MU. What Is Going On With Micron Tech Stock In Friday Premarket?

Insider Buying and Selling at Micron Technology

In other Micron Technology news, EVP Sumit Sadana sold 25,000 shares of the firm's 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 completion of the transaction, the executive vice president owned 248,021 shares in the company, valued at $106,621,747.69. This trade represents a 9.16% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Manish H. Bhatia sold 26,623 shares of Micron Technology stock in a transaction that occurred on Thursday, January 22nd. The stock was sold at an average price of $391.04, for a total value of $10,410,657.92. Following the completion of the sale, the executive vice president directly owned 323,486 shares in the company, valued at approximately $126,495,965.44. The trade was 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 bought 23,200 shares of company stock worth $7,821,723 and sold 73,623 shares worth $27,307,408. Corporate insiders own 0.24% of the company's stock.

Micron Technology Stock Performance

MU opened at $370.30 on Monday. The company has a 50 day simple moving average of $379.98 and a two-hundred day simple moving average of $263.57. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.46 and a quick ratio of 1.78. The firm has a market cap of $416.78 billion, a P/E ratio of 35.20 and a beta of 1.50. Micron Technology, Inc. has a 1-year low of $61.54 and a 1-year high of $455.50.

Micron Technology (NASDAQ:MU - Get Free Report) last announced its quarterly earnings data on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 EPS for the quarter, beating the consensus estimate of $3.77 by $1.01. Micron Technology had a return on equity of 22.71% and a net margin of 28.15%.The business had revenue of $13.64 billion for the quarter, compared to the consensus estimate of $12.62 billion. During the same period in the previous year, the business earned $1.79 earnings per share. The business's 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. Equities analysts forecast that Micron Technology, Inc. will post 6.08 earnings per share for the current fiscal year.

Micron Technology Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. Bank of America boosted their price target on Micron Technology from $300.00 to $400.00 and gave the stock a "buy" rating in a research note on Tuesday, January 13th. UBS Group increased their price objective on Micron Technology to $475.00 and gave the company a "buy" rating in a research report on Monday, March 2nd. Raymond James Financial lifted 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. Barclays boosted their target price on Micron Technology from $275.00 to $450.00 and gave the stock an "overweight" rating in a research report on Friday, January 16th. Finally, Piper Sandler upped their target price on shares of Micron Technology from $275.00 to $400.00 and gave the company an "overweight" rating in a research note on Wednesday, January 7th. Six equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Micron Technology presently has an average rating of "Buy" and a consensus target price of $371.83.

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.

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