Micron Technology, Inc. $MU Shares Sold by Union Bancaire Privee UBP SA

Key Points

• Union Bancaire Privee UBP SA cut its Micron position by 22.9% in the second quarter, selling 29,330 shares and retaining 98,712 shares valued at approximately $105.1 million. Institutional investors still own 80.84% of Micron’s stock.
• Micron’s outlook remains broadly bullish: analysts cited tightening DRAM and NAND prices and AI-driven data-center demand, while the company launched a $250 million venture fund focused on AI technologies. The consensus rating is “Buy,” with an average price target of $1,259.97.
• Risks include insider selling, Chinese competition and potential memory-cycle volatility. The CEO and chief accounting officer recently sold shares, while YMTC’s NAND gains and delays to Micron’s new fabrication plant add execution and supply concerns.

Union Bancaire Privee UBP SA trimmed its position in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) by 22.9% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 98,712 shares of the semiconductor manufacturer's stock after selling 29,330 shares during the period. Micron Technology makes up about 1.3% of Union Bancaire Privee UBP SA's holdings, making the stock its 16th largest holding. Union Bancaire Privee UBP SA's holdings in Micron Technology were worth $105,145,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Davis Capital Management boosted its position in shares of Micron Technology by 510.0% during the second quarter. Davis Capital Management now owns 61 shares of the semiconductor manufacturer's stock worth $70,000 after buying an additional 51 shares during the period. Relyea Zuckerberg Hanson LLC raised its holdings in shares of Micron Technology by 8.2% in the 2nd quarter. Relyea Zuckerberg Hanson LLC now owns 2,670 shares of the semiconductor manufacturer's stock valued at $3,082,000 after buying an additional 203 shares during the period. Tran Capital Management L.P. purchased a new stake in shares of Micron Technology in the 2nd quarter valued at $14,107,000. Highline Wealth Partners LLC lifted its stake in Micron Technology by 7.0% during the 2nd quarter. Highline Wealth Partners LLC now owns 366 shares of the semiconductor manufacturer's stock worth $423,000 after acquiring an additional 24 shares in the last quarter. Finally, Montgomery Investment Management Inc. acquired a new position in Micron Technology during the 2nd quarter worth about $241,000. 80.84% of the stock is currently owned by hedge funds and other institutional investors.

Key Micron Technology News

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 Transactions at Micron Technology

In other Micron Technology news, CAO Scott R. Allen sold 879 shares of the business's stock in a transaction that occurred on Thursday, July 23rd. The stock was 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 approximately $34,958,000. The trade was a 2.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Sanjay Mehrotra sold 31,285 shares of the stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $926.83, for a total value of $28,995,876.55. Following the completion of the sale, the chief executive officer directly owned 313,218 shares of the company's stock, valued at $290,299,838.94. The trade was a 9.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 162,179 shares of company stock worth $167,811,861 in the last three months. Corporate insiders own 0.24% of the company's stock.

Micron Technology Stock Performance

Shares of MU stock opened at $971.66 on Monday. The stock's 50-day moving average is $965.49 and its two-hundred day moving average is $679.10. The firm has a market cap of $1.10 trillion, a price-to-earnings ratio of 22.00 and a beta of 2.19. Micron Technology, Inc. has a 1 year low of $113.46 and a 1 year high of $1,255.00. 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 (NASDAQ:MU - Get Free Report) last posted its earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share for the quarter, beating the consensus estimate of $21.39 by $3.72. Micron Technology had a return on equity of 71.13% and a net margin of 55.91%.The business had revenue of $41.46 billion during the quarter, compared to the consensus estimate of $35.91 billion. During the same period in the previous year, the business earned $1.91 EPS. The business's quarterly revenue was up 345.8% on a year-over-year basis. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. Analysts predict that Micron Technology, Inc. will post 72.93 earnings per share for the current year.

Micron Technology Announces Dividend

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

Analyst Ratings Changes

MU has been the subject of several research reports. Deutsche Bank Aktiengesellschaft lifted their target price on Micron Technology from $1,500.00 to $1,550.00 and gave the company a "buy" rating in a research report on Thursday, June 25th. Cantor Fitzgerald reissued an "overweight" rating and set a $1,500.00 price target on shares of Micron Technology in a research report on Thursday, June 25th. Barclays raised their price objective on shares of Micron Technology from $1,175.00 to $2,000.00 and gave the company an "overweight" rating in a research note on Thursday, June 25th. Wolfe Research set a $1,500.00 price objective on shares of Micron Technology in a report on Thursday, June 25th. Finally, UBS Group restated a "buy" rating on shares of Micron Technology in a report on Monday, August 10th. Four analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Buy" and a consensus price target of $1,259.97.

Micron Technology 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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