Micron Technology, Inc. $MU Shares Sold by LGT Group Foundation

Key Points

• LGT Group Foundation cut its Micron stake by 31.3% in Q3, selling 33,475 shares and leaving 73,377 shares valued at about $13.37 million per its latest 13F filing.
• Micron recently reported a big beat (Q EPS $4.78 vs. $3.77 est., revenue $13.64B, +56.7% YoY), has seen multiple analyst price-target raises tied to AI-driven memory demand and S&P 100 inclusion, and faces high institutional ownership (~80.8%) despite recent stock volatility.

LGT Group Foundation decreased its position in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) by 31.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 73,377 shares of the semiconductor manufacturer's stock after selling 33,475 shares during the quarter. LGT Group Foundation's holdings in Micron Technology were worth $13,366,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in MU. American Capital Advisory LLC lifted its stake in shares of Micron Technology by 20.4% in the 3rd quarter. American Capital Advisory LLC now owns 272 shares of the semiconductor manufacturer's stock valued at $46,000 after purchasing an additional 46 shares during the period. Teamwork Financial Advisors LLC grew its position in Micron Technology by 0.4% during the third quarter. Teamwork Financial Advisors LLC now owns 14,974 shares of the semiconductor manufacturer's stock valued at $2,505,000 after buying an additional 53 shares during the period. Blue Trust Inc. grew its position in Micron Technology by 0.5% during the third quarter. Blue Trust Inc. now owns 10,633 shares of the semiconductor manufacturer's stock valued at $1,779,000 after buying an additional 53 shares during the period. Lodestone Wealth Management LLC increased its holdings in Micron Technology by 3.2% in the third quarter. Lodestone Wealth Management LLC now owns 1,693 shares of the semiconductor manufacturer's stock valued at $283,000 after buying an additional 53 shares in the last quarter. Finally, Sunpointe LLC increased its holdings in Micron Technology by 1.3% in the third quarter. Sunpointe LLC now owns 4,011 shares of the semiconductor manufacturer's stock valued at $671,000 after buying an additional 53 shares in the last quarter. 80.84% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Micron Technology

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

• Positive Sentiment: Aletheia bumped its price target sharply to $650 (from $315) and kept a Buy rating, citing sustained AI training/inference demand that should lift memory pricing and Micron’s earnings power. Aletheia Lifts PT on Micron Technology, Inc. (MU) to $650 From $315 – Here’s Why
• Positive Sentiment: UBS raised its price target to $475 and flagged prolonged supply tightness across memory markets, which supports stronger pricing and margins for Micron. That channel-check view reinforces a multi-quarter revenue/price tailwind. UBS Sees Prolonged Supply Tightness Supporting Micron Technology, Inc. (MU)
• Positive Sentiment: Micron’s S&P 100 inclusion and its customer-sampled 256GB SOCAMM2 LPDRAM (co‑designed with NVIDIA) highlight expanding role in AI memory — a structural demand story that can attract index flows and broader institutional interest. Micron’s S&P 100 Debut Highlights Expanding Role In AI Memory
• Neutral Sentiment: Micron is a meaningful holding in several ETFs focused on value/low-volatility (one fund notes ~10% weight). That can boost passive inflows but also concentrate downside if ETFs rebalance. (MarketBeat coverage on ETFs and holdings.)
• Negative Sentiment: Some analysts and articles warn Micron may be richly valued at current levels and list it among AI names vulnerable to sharp pullbacks if sentiment shifts — a reminder that multiple upside narratives are pricing in future growth. 2 Artificial Intelligence (AI) Stocks to Sell Before They Fall 40% and 55%, According to Wall Street Analysts

Micron Technology Stock Down 6.7%

MU stock opened at $370.30 on Monday. Micron Technology, Inc. has a 52 week low of $61.54 and a 52 week high of $455.50. The company has a quick ratio of 1.78, a current ratio of 2.46 and a debt-to-equity ratio of 0.19. The firm has a 50-day simple moving average of $379.98 and a 200-day simple moving average of $263.57. The stock has a market capitalization of $416.78 billion, a P/E ratio of 35.20 and a beta of 1.50.

Micron Technology (NASDAQ:MU - Get Free Report) last issued its quarterly earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share for the quarter, beating analysts' consensus estimates of $3.77 by $1.01. Micron Technology had a net margin of 28.15% and a return on equity of 22.71%. The firm had revenue of $13.64 billion for the quarter, compared to analyst estimates of $12.62 billion. During the same period last year, the company posted $1.79 EPS. Micron Technology's quarterly revenue was up 56.7% compared to the same quarter last year. 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 company also recently announced a quarterly dividend, which was paid on Wednesday, January 14th. Stockholders of record on Monday, December 29th were given a $0.115 dividend. This represents a $0.46 annualized dividend and a dividend yield of 0.1%. The ex-dividend date was Monday, December 29th. Micron Technology's dividend payout ratio (DPR) is 4.37%.

Analysts Set New Price Targets

Several research firms have recently issued reports on MU. Itau BBA Securities reissued an "outperform" rating on shares of Micron Technology in a research note on Thursday, December 18th. JPMorgan Chase & Co. lifted their price target on Micron Technology from $220.00 to $350.00 and gave the company an "overweight" rating in a research note on Thursday, December 18th. William Blair began coverage on Micron Technology in a report on Thursday, January 22nd. They issued an "outperform" rating for the company. Phillip Securities upgraded Micron Technology to a "strong-buy" rating in a research report on Monday, February 2nd. Finally, Morgan Stanley raised their price objective on Micron Technology from $350.00 to $450.00 and gave the company an "overweight" rating in a report on Wednesday, February 11th. Six investment analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Micron Technology currently has an average rating of "Buy" and an average price target of $371.83.

Insiders Place Their Bets

In related news, Director Steven J. Gomo sold 5,000 shares of the stock in a transaction on Friday, December 19th. The stock was sold at an average price of $263.63, for a total value of $1,318,150.00. Following the completion of the transaction, the director directly owned 19,139 shares of the company's stock, valued at approximately $5,045,614.57. This represents a 20.71% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Teyin M. Liu acquired 11,600 shares of the firm's stock in a transaction on Tuesday, January 13th. The stock was purchased at an average price of $337.07 per share, for a total transaction of $3,910,012.00. Following the acquisition, the director directly owned 14,310 shares in the company, valued at $4,823,471.70. This represents a 428.04% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders have bought 23,200 shares of company stock valued at $7,821,723 and have sold 73,623 shares valued at $27,307,408. 0.24% of the stock is owned by insiders.

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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