Harel Insurance Investments & Financial Services Ltd. Reduces Position in Micron Technology, Inc. $MU

Key Points

• Harel Insurance trimmed its Micron stake by 25.7% in Q4, selling 2,764 shares and leaving a holding of 8,000 shares worth about $2.284 million.
• Insider selling was significant: CEO Sanjay Mehrotra sold 40,000 shares for roughly $21.45 million, and insiders disposed of 104,000 shares totaling $45.46 million over the past three months.
• Micron is driving strong momentum—shipping a 245TB data‑center SSD and benefiting from tight DRAM/NAND supply and analyst upgrades—trading near $640 with a market cap of about $721.9B and a MarketBeat consensus rating of "Buy".

Harel Insurance Investments & Financial Services Ltd. lessened its position in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) by 25.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 8,000 shares of the semiconductor manufacturer's stock after selling 2,764 shares during the quarter. Harel Insurance Investments & Financial Services Ltd.'s holdings in Micron Technology were worth $2,284,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. SBI Securities Co. Ltd. grew its stake in Micron Technology by 31.9% during the 4th quarter. SBI Securities Co. Ltd. now owns 56,398 shares of the semiconductor manufacturer's stock worth $16,097,000 after buying an additional 13,626 shares during the last quarter. McIlrath & Eck LLC lifted its position in Micron Technology by 1,272.0% during the 4th quarter. McIlrath & Eck LLC now owns 686 shares of the semiconductor manufacturer's stock worth $196,000 after acquiring an additional 636 shares during the period. Morse Asset Management Inc lifted its position in Micron Technology by 7.7% during the 4th quarter. Morse Asset Management Inc now owns 32,949 shares of the semiconductor manufacturer's stock worth $9,404,000 after acquiring an additional 2,357 shares during the period. Milestone Asset Management Group LLC acquired a new stake in Micron Technology during the 4th quarter worth approximately $201,000. Finally, Alta Wealth Advisors LLC lifted its position in Micron Technology by 2.8% during the 4th quarter. Alta Wealth Advisors LLC now owns 3,851 shares of the semiconductor manufacturer's stock worth $1,099,000 after acquiring an additional 106 shares during the period. Hedge funds and other institutional investors own 80.84% of the company's stock.

Insider Buying and Selling at Micron Technology

In other Micron Technology news, CEO Sanjay Mehrotra sold 40,000 shares of the business's stock in a transaction on Friday, May 1st. The stock was sold at an average price of $536.26, for a total value of $21,450,400.00. Following the completion of the transaction, the chief executive officer directly owned 424,503 shares in the company, valued at approximately $227,643,978.78. The trade was a 8.61% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Sumit Sadana sold 24,000 shares of the business's stock in a transaction on Friday, April 10th. The shares were sold at an average price of $421.35, for a total transaction of $10,112,400.00. Following the sale, the executive vice president directly owned 224,021 shares of the company's stock, valued at $94,391,248.35. This represents a 9.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 104,000 shares of company stock worth $45,458,400. Insiders own 0.24% of the company's stock.

Micron Technology News Summary

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

• Positive Sentiment: Micron began shipping its industry‑leading 245TB 6600 ION data‑center SSD, a product that strengthens its position in high‑capacity AI/storage markets and supports sales upside. Industry-Leading 245TB Micron 6600 ION Data Center SSD Now Shipping
• Positive Sentiment: Tight DRAM/NAND/HBM supply and dramatic price increases have boosted margins and cash flow expectations, underpinning the rally in MU as customers scramble for capacity. Still Time to Pay Up for Micron & Sandisk Stock?
• Positive Sentiment: Sector momentum and analyst support lifted MU past major milestones (including a >$700B market cap), with multiple firms increasing price targets and coverage amid the AI infrastructure boom. Micron zooms past $700 billion market cap as rally in memory stocks accelerates
• Positive Sentiment: Options flow shows unusual activity (large put trades being interpreted by some as a bullish signal), which traders cite as another sign of speculative positioning and conviction. Micron Technology huge, unusual put option activity - a bullish signal as MU rises 12%
• Neutral Sentiment: Heavy social and media chatter around MU breaking $600 and HBM supply sold‑out through 2026 is amplifying momentum but also feeding short‑term volatility. Micron Technology Stock (MU) Opinions on Breaking $600 Barrier
• Neutral Sentiment: Large institutional rebalancing (examples of big buys and big sells across funds) shows mixed positioning among fiduciaries — supports liquidity but increases sensitivity to flows. Quiver Quantitative institutional holdings summary
• Negative Sentiment: CEO Sanjay Mehrotra sold 40,000 shares (filed with the SEC), which can trigger selling headlines even though he retains a large stake. SEC Filing: Insider Sale
• Negative Sentiment: Several analysts and commentators caution that MU is overbought (RSI in the 80s), that supply/demand could re‑equilibrate and that recent gains warrant profit‑taking or position trimming. Those warnings raise pullback risk after rapid gains. Analyst warns of a peak in Micron stock
• Negative Sentiment: A few sell/downgrade arguments highlight risks: model efficiency reducing memory intensity, concentration of AI demand, and near‑term manufacturing constraints that could limit how fast product wins translate to revenue. Micron: I'm Trimming My Position Despite The AI Gold Rush

Wall Street Analysts Forecast Growth

MU has been the subject of a number of recent research reports. TD Cowen increased their price objective on Micron Technology from $550.00 to $660.00 and gave the stock a "buy" rating in a research report on Tuesday, April 28th. Piper Sandler increased their price objective on Micron Technology from $275.00 to $400.00 and gave the stock an "overweight" rating in a research report on Wednesday, January 7th. KeyCorp increased their price objective on Micron Technology from $450.00 to $600.00 and gave the stock an "overweight" rating in a research report on Thursday, March 19th. HSBC increased their price objective on Micron Technology from $350.00 to $500.00 and gave the stock a "buy" rating in a research report on Friday, January 23rd. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on Micron Technology from $500.00 to $550.00 and gave the stock a "buy" rating in a research report on Thursday, March 19th. Five equities research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus price target of $478.24.

Micron Technology Stock Performance

MU opened at $640.10 on Wednesday. The stock has a market cap of $721.86 billion, a P/E ratio of 30.22 and a beta of 1.91. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.90 and a quick ratio of 2.32. The stock's 50 day simple moving average is $426.37 and its 200 day simple moving average is $341.68. Micron Technology, Inc. has a 1-year low of $78.54 and a 1-year high of $651.74.

Micron Technology Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Monday, March 30th were issued a $0.15 dividend. This is a boost from Micron Technology's previous quarterly dividend of $0.12. The ex-dividend date was Monday, March 30th. This represents a $0.60 annualized dividend and a yield of 0.1%. Micron Technology's payout ratio is presently 2.83%.

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.

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