Micron Technology, Inc. $MU Shares Sold by Seaview Investment Managers LLC

Key Points

• Seaview Investment Managers cut its Micron stake by 48.2% in the second quarter, selling 9,732 shares and retaining 10,477 shares valued at approximately $12.1 million. Institutional investors and hedge funds still own 80.84% of Micron.
• Wall Street remains bullish, with a consensus “Buy” rating and an average price target of $1,259.97. Analysts cited strong AI-driven memory demand, tightening DRAM and NAND pricing, and growing data-center sales.
• Micron reported sharply improved results, including quarterly revenue of $41.46 billion, up 345.8% year over year, and EPS of $25.11 versus estimates of $21.39. Risks include Chinese competition, execution delays for its new fabrication plant, memory-cycle volatility, and substantial recent insider selling.

Seaview Investment Managers LLC trimmed its stake in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) by 48.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,477 shares of the semiconductor manufacturer's stock after selling 9,732 shares during the quarter. Micron Technology comprises approximately 3.6% of Seaview Investment Managers LLC's investment portfolio, making the stock its 3rd biggest position. Seaview Investment Managers LLC's holdings in Micron Technology were worth $12,093,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of MU. Ramsey Quantitative Systems bought a new position in shares of Micron Technology in the second quarter valued at about $46,000. Signature Resources Capital Management LLC boosted its holdings in shares of Micron Technology by 1,125.0% during the 2nd quarter. Signature Resources Capital Management LLC now owns 49 shares of the semiconductor manufacturer's stock worth $57,000 after buying an additional 45 shares during the period. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Micron Technology during the 1st quarter worth about $27,000. High Note Wealth LLC grew its stake in Micron Technology by 65.4% in the 4th quarter. High Note Wealth LLC now owns 86 shares of the semiconductor manufacturer's stock valued at $25,000 after buying an additional 34 shares during the last quarter. Finally, Bayban acquired a new position in Micron Technology in the 4th quarter valued at about $29,000. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on MU shares. Morgan Stanley increased their price target on shares of Micron Technology from $1,050.00 to $1,200.00 and gave the company an "overweight" rating in a report on Thursday, June 25th. Wedbush boosted their price objective on Micron Technology from $1,300.00 to $1,400.00 and gave the stock an "outperform" rating in a report on Thursday, June 25th. Sanford C. Bernstein set a $1,300.00 target price on Micron Technology in a research report on Monday, June 22nd. ThinkEquity reiterated a "buy" rating on shares of Micron Technology in a research note on Monday, August 3rd. Finally, Raymond James Financial increased their target price on Micron Technology from $1,100.00 to $1,500.00 and gave the stock an "outperform" rating in a research note on Thursday, June 25th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Micron Technology has a consensus rating of "Buy" and a consensus target price of $1,259.97.

Key Headlines Impacting Micron Technology

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.

Insider Buying and Selling

In other Micron Technology news, Director Lynn A. Dugle sold 1,300 shares of Micron Technology stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of $1,150.43, for a total value of $1,495,559.00. Following the completion of the transaction, the director directly owned 17,728 shares of the company's stock, valued at $20,394,823.04. The trade was a 6.83% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Scott R. Allen sold 879 shares of Micron Technology stock in a transaction 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 transaction, the chief accounting officer directly owned 34,958 shares of the company's stock, valued at $34,958,000. This represents a 2.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 162,179 shares of company stock valued at $167,811,861. 0.24% of the stock is currently owned by corporate insiders.

Micron Technology Price Performance

Shares of Micron Technology stock opened at $971.66 on Friday. Micron Technology, Inc. has a twelve month low of $113.46 and a twelve month high of $1,255.00. The company has a quick ratio of 2.98, a current ratio of 3.42 and a debt-to-equity ratio of 0.05. The company has a 50-day simple moving average of $965.49 and a two-hundred day simple moving average of $677.08. The stock has a market capitalization of $1.10 trillion, a price-to-earnings ratio of 22.00 and a beta of 2.18.

Micron Technology (NASDAQ:MU - Get Free Report) last posted its quarterly earnings data on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $21.39 by $3.72. Micron Technology had a net margin of 55.91% and a return on equity of 71.13%. The firm had revenue of $41.46 billion during the quarter, compared to the consensus estimate of $35.91 billion. During the same quarter in the previous year, the firm posted $1.91 EPS. The business's revenue for the quarter 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. Analysts forecast that Micron Technology, Inc. will post 72.93 EPS for the current year.

Micron Technology Announces Dividend

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

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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