Headlands Technologies LLC Has $15.10 Million Position in Micron Technology, Inc. $MU

Key Points

• Headlands Technologies cut its Micron stake by 87.3% in the second quarter, selling 89,595 shares and retaining 13,084 shares valued at approximately $15.1 million.
• Institutional investors and hedge funds own 80.84% of Micron’s stock, with several major firms—including State Street and Morgan Stanley—boosting their positions or initiating new stakes.
• Micron’s outlook remains supported by strong AI-driven high-bandwidth memory demand and improving pricing. Analysts maintain a consensus “Buy” rating with an average price target of $1,295.63, though concerns remain about future oversupply, peak earnings and competition from China.

Headlands Technologies LLC trimmed its position in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) by 87.3% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,084 shares of the semiconductor manufacturer's stock after selling 89,595 shares during the period. Micron Technology makes up approximately 1.6% of Headlands Technologies LLC's investment portfolio, making the stock its 3rd largest position. Headlands Technologies LLC's holdings in Micron Technology were worth $15,103,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. State Street Corp boosted 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 worth $15,061,310,000 after acquiring an additional 1,090,644 shares in the last quarter. Andar Capital Management HK Ltd raised its position in Micron Technology by 856,960.3% during the second quarter. Andar Capital Management HK Ltd now owns 34,282,413 shares of the semiconductor manufacturer's stock valued at $39,571,847,000 after purchasing an additional 34,278,413 shares in the last quarter. Norges Bank acquired a new position in Micron Technology during the fourth quarter valued at approximately $6,433,456,000. Primecap Management Co. CA bought a new stake in Micron Technology during the second quarter worth $22,182,263,000. Finally, Morgan Stanley lifted its stake in Micron Technology by 5.1% during the fourth quarter. Morgan Stanley now owns 16,396,655 shares of the semiconductor manufacturer's stock worth $4,679,771,000 after purchasing an additional 794,289 shares during the last quarter. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Micron Technology News Roundup

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

• Positive Sentiment: AI demand and memory pricing remain powerful tailwinds. High-bandwidth memory (HBM) demand from AI customers is diverting wafer capacity away from conventional memory, while tighter supply and improving memory-chip prices could support Micron’s revenue, margins and upcoming guidance. Why Micron Stock Is Popping on Fresh Memory-Chip Price Data
• Positive Sentiment: Goldman Sachs sees signs of a renewed memory-stock rally. The firm reportedly believes months of weakness may be ending as AI spending strengthens, helping reinforce the bullish outlook for Micron and other memory manufacturers. Goldman Says the Worst May Be Over for Micron and SanDisk
• Positive Sentiment: Long-term industry positioning is favorable. Memory chips are increasingly central to AI infrastructure, and analysts argue Micron’s HBM position could remain strategically important as semiconductor-industry growth is driven by data-center demand. Memory chips have come to rule the AI boom
• Neutral Sentiment: Earnings are the next major catalyst. Micron’s shares have rallied sharply this year and recently reclaimed the $1,000 level, but the September 30 report must confirm contract pricing, HBM demand and the durability of current profits to justify further gains. Micron Stock Has Reclaimed $1,000
• Negative Sentiment: Investors remain concerned about peak earnings and future supply. Micron’s extraordinary profitability may be difficult to sustain if competitors expand HBM capacity too aggressively, potentially creating oversupply and pressuring prices. Thinking of Buying Micron Stock Now
• Negative Sentiment: China represents a longer-term competitive risk. Chinese producers are not expected to challenge Micron’s HBM dominance immediately, but growing domestic memory capabilities could threaten its most profitable markets over time. Micron and Sandisk Face a New China Threat

Micron Technology Price Performance

MU stock opened at $1,000.26 on Wednesday. The company has a market capitalization of $1.13 trillion, a P/E ratio of 22.65, a PEG ratio of 0.64 and a beta of 2.22. The company has a fifty day moving average price of $929.50 and a 200-day moving average price of $745.20. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.98 and a current ratio of 3.42. Micron Technology, Inc. has a 52-week low of $131.56 and a 52-week high of $1,255.00.

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

Micron Technology Dividend Announcement

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

Insider Transactions at Micron Technology

In related news, CEO Sanjay Mehrotra sold 40,000 shares of Micron Technology stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $968.90, for a total value of $38,756,000.00. Following the transaction, the chief executive officer directly owned 264,503 shares of the company's stock, valued at $256,276,956.70. The trade was a 13.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Scott R. Allen sold 879 shares of the company's stock in a transaction that occurred on Thursday, July 23rd. The shares were sold at an average price of $1,000.00, for a total value of $879,000.00. Following the completion of the sale, the chief accounting officer owned 34,958 shares in the company, valued at $34,958,000. The trade was a 2.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 177,204 shares of company stock worth $182,156,264. 0.24% of the stock is currently owned by insiders.

Analysts Set New Price Targets

MU has been the topic of several recent analyst reports. KeyCorp reiterated an "overweight" rating on shares of Micron Technology in a research note on Monday, July 20th. The Goldman Sachs Group upped their price objective on Micron Technology from $900.00 to $1,100.00 and gave the stock a "neutral" rating in a research report on Thursday, June 25th. ThinkEquity reaffirmed a "buy" rating on shares of Micron Technology in a research note on Monday, August 3rd. Zacks Research cut Micron Technology from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, August 19th. Finally, Cantor Fitzgerald reissued an "overweight" rating and set a $1,500.00 target price on shares of Micron Technology in a research note on Thursday, June 25th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and three have assigned a Hold rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Buy" and an average price target of $1,295.63.

Micron Technology Profile

Micron Technology, Inc is a global semiconductor company that designs, develops, manufactures and sells memory and storage solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, NOR flash memory, solid-state drives, memory modules and high-bandwidth memory used in data-intensive computing applications.

Micron's products support a range of markets, including data centers, artificial intelligence and high-performance computing, personal computers, smartphones, automotive systems, industrial equipment and networking devices.

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