Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management Decreases Stock Holdings in Micron Technology, Inc. $MU

Key Points

• Mivtachim The Workers Social Insurance Fund reduced its Micron stake by 59.1% in the second quarter, selling 15,800 shares and retaining 10,955 shares valued at approximately $12.6 million. Institutional investors and hedge funds still own 80.84% of Micron.
• Micron reported a strong quarter, with earnings of $25.11 per share and revenue of $41.46 billion, both exceeding estimates; revenue rose 345.8% year over year. Analysts remain broadly bullish, citing strong AI data-center demand, rising memory prices and a consensus “Buy” rating.
• Key risks include memory-market cyclicality, competition from China’s YMTC and insider selling, including 40,000-share sales by the CEO and an executive vice president. Investors will look to Micron’s fiscal fourth-quarter results on September 30 for evidence that AI demand, pricing and margins remain strong.

Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management lessened its stake in Micron Technology, Inc. (NASDAQ:MU - Free Report) by 59.1% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 10,955 shares of the semiconductor manufacturer's stock after selling 15,800 shares during the quarter. Micron Technology makes up about 1.7% of Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management's portfolio, making the stock its 15th biggest holding. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management's holdings in Micron Technology were worth $12,645,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. High Note Wealth LLC increased its stake in shares of Micron Technology by 65.4% during the fourth quarter. High Note Wealth LLC now owns 86 shares of the semiconductor manufacturer's stock worth $25,000 after purchasing an additional 34 shares in the last quarter. Kohmann Bosshard Financial Services LLC purchased a new position in Micron Technology in the 1st quarter valued at about $27,000. Bayban purchased a new position in Micron Technology in the 4th quarter valued at about $29,000. Joseph Group Capital Management purchased a new position in Micron Technology in the 4th quarter valued at about $31,000. Finally, Luken Investment Analytics LLC acquired a new stake in Micron Technology in the 4th quarter worth about $31,000. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Micron Technology

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

• Positive Sentiment: Analyst optimism is supporting the rebound. BMO initiated coverage with an “outperform” rating and a $1,300 price target, while Mizuho maintained its “outperform” rating and set a $1,300 target despite lowering its estimate from $1,375. Finance giant sets aggressive Micron stock target after earnings
• Positive Sentiment: Investor commentary remains bullish on Micron’s long-term growth. The company’s latest quarter generated approximately $41.5 billion in revenue, up more than 345% year over year, with earnings substantially exceeding expectations. Analysts and commentators also point to accelerating revenue and profit growth and the possibility of the stock reaching $1,300 by year-end. Prediction: Micron Stock Will Reach $1,300 by the End of 2026
• Positive Sentiment: Reports that DRAM and high-bandwidth memory prices could rise sharply this quarter reinforce Micron’s pricing power. Demand from AI data centers continues to exceed supply, while management expects the memory industry to expand over the long run. Memory Shortage Deepens to Worst Levels Since 2017
• Neutral Sentiment: Micron promoted Manish Bhatia to president and chief operating officer and Scott DeBoer to president and chief technology and products officer. The changes are intended to improve execution and innovation as AI-related memory demand grows, but their financial impact will take time to assess. Micron Announces Leadership Appointments
• Neutral Sentiment: Micron will report fiscal fourth-quarter results on September 30. The release is a potential catalyst because investors will look for evidence that AI demand, pricing and margins remain strong. Micron to Report Fiscal Fourth Quarter Results
• Negative Sentiment: Risks include competition from China’s YMTC, the possibility that long-term contracts limit Micron’s ability to capture rising spot prices, and the memory industry’s historically cyclical downturns. CEO Sanjay Mehrotra’s sale of 40,000 shares for approximately $38.8 million—and continued insider selling without reported purchases—may also weigh on sentiment. Sanjay Mehrotra Sells 40,000 Shares

Micron Technology Stock Up 0.6%

MU stock opened at $938.40 on Thursday. Micron Technology, Inc. has a one year low of $114.25 and a one year high of $1,255.00. The firm has a market cap of $1.06 trillion, a PE ratio of 21.25 and a beta of 2.18. The firm's 50 day moving average price is $959.62 and its 200-day moving average price is $709.37. 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 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 during the quarter, compared to analyst estimates of $35.91 billion. Micron Technology had a return on equity of 71.13% and a net margin of 55.91%.The firm's revenue for the quarter was up 345.8% compared to the same quarter last year. During the same period in the prior year, the business posted $1.91 earnings per share. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. On average, equities research analysts anticipate that Micron Technology, Inc. will post 72.93 EPS for the current year.

Micron Technology Announces Dividend

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

Insiders Place Their Bets

In related news, EVP April S. Arnzen sold 40,000 shares of the firm's stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $1,083.94, for a total transaction of $43,357,600.00. Following the completion of the sale, the executive vice president directly owned 85,737 shares of the company's stock, valued at approximately $92,933,763.78. This trade represents a 31.81% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Sanjay Mehrotra sold 40,000 shares of the business's stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $968.90, for a total transaction of $38,756,000.00. Following the completion of the sale, the chief executive officer owned 264,503 shares in the company, valued at approximately $256,276,956.70. This trade represents a 13.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 217,179 shares of company stock valued at $220,582,211. 0.24% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

MU has been the subject of several research reports. Seaport Research Partners reiterated a "buy" rating on shares of Micron Technology in a research note on Friday, August 14th. UBS Group reaffirmed a "buy" rating on shares of Micron Technology in a research note on Monday, August 10th. Sanford C. Bernstein set a $1,300.00 price target on Micron Technology in a research report on Monday, June 22nd. New Street Research upgraded Micron Technology from a "neutral" rating to a "buy" rating and set a $1,250.00 price objective on the stock in a report on Friday, August 14th. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on shares of Micron Technology from $1,500.00 to $1,550.00 and gave the stock a "buy" rating in a research note on Thursday, June 25th. Four analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, Micron Technology currently has a consensus rating of "Buy" and an average price target of $1,295.63.

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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