NBC Securities Inc. Sells 2,361 Shares of Micron Technology, Inc. $MU

Key Points

• NBC Securities reduced its stake in Micron by 11.5%, selling 2,361 shares and holding 18,229 shares worth $5.203 million at the end of the quarter.
• Company insiders have been net sellers — two EVPs sold 25,000 and 40,000 shares respectively, and insiders sold 89,000 shares (~$34.76M) in the last 90 days, leaving insiders with just 0.24% ownership.
• Institutional ownership is high at 80.84% and Wall Street is broadly bullish (consensus "Buy" with an average price target of $464.61); MU trades near its 52-week high and the company recently raised its quarterly dividend to $0.15.

NBC Securities Inc. reduced its stake in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) by 11.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 18,229 shares of the semiconductor manufacturer's stock after selling 2,361 shares during the period. NBC Securities Inc.'s holdings in Micron Technology were worth $5,203,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of MU. AQR Capital Management LLC grew its holdings in Micron Technology by 411.9% during the 3rd quarter. AQR Capital Management LLC now owns 3,627,022 shares of the semiconductor manufacturer's stock worth $606,873,000 after acquiring an additional 2,918,535 shares during the period. California Public Employees Retirement System grew its holdings in Micron Technology by 70.2% during the 3rd quarter. California Public Employees Retirement System now owns 3,023,799 shares of the semiconductor manufacturer's stock worth $505,942,000 after acquiring an additional 1,246,773 shares during the period. Voloridge Investment Management LLC grew its holdings in Micron Technology by 1,064.3% during the 3rd quarter. Voloridge Investment Management LLC now owns 1,304,471 shares of the semiconductor manufacturer's stock worth $218,264,000 after acquiring an additional 1,192,433 shares during the period. Wellington Management Group LLP grew its holdings in Micron Technology by 19.9% during the 3rd quarter. Wellington Management Group LLP now owns 7,150,530 shares of the semiconductor manufacturer's stock worth $1,196,427,000 after acquiring an additional 1,188,296 shares during the period. Finally, Orbis Allan Gray Ltd grew its holdings in Micron Technology by 50.2% during the 2nd quarter. Orbis Allan Gray Ltd now owns 3,457,726 shares of the semiconductor manufacturer's stock worth $426,165,000 after acquiring an additional 1,156,086 shares during the period. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Micron Technology

In related news, EVP Sumit Sadana sold 25,000 shares of Micron Technology stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $429.89, for a total transaction of $10,747,250.00. Following the transaction, the executive vice president owned 248,021 shares of the company's stock, valued at $106,621,747.69. The trade was a 9.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP April S. Arnzen sold 40,000 shares of Micron Technology stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $347.39, for a total value of $13,895,600.00. Following the transaction, the executive vice president directly owned 125,737 shares in the company, valued at approximately $43,679,776.43. The trade was a 24.13% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 89,000 shares of company stock worth $34,755,250. 0.24% of the stock is owned by insiders.

More Micron Technology News

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

• Positive Sentiment: Technical momentum — a key trading signal was reported around $477.59, triggering a fresh buying wave and a >3% intraday rise for MU as momentum traders pile in. Micron Technology Shares Climb Over 3% After Key Trading Signal
• Positive Sentiment: Structural demand outlook — mem­ory bulls argue DRAM prices could double or triple as AI demand outpaces supply-chain capacity, supporting higher revenue and margins for Micron. ‘DRAM Will Double or Triple From Here' as AI Demand Outpaces Supply Chain Capacity
• Positive Sentiment: Supply-chain tailwinds — ASML raised guidance on AI-driven chip demand, which signals stronger semiconductor investment and indirectly supports higher memory content per server (beneficial for Micron). ASML Has Just Delivered Massive News for Micron Technology Investors
• Positive Sentiment: Analyst/ownership optimism — the Street is broadly bullish (high % of Buy ratings and positive investor commentary) and a top investor narrative compares Micron’s growth potential to prior high-flyers, supporting investor appetite. Here’s What Citi and UBS Think About Micron Technology (MU)
• Neutral Sentiment: Stock-structure talk — renewed speculation about a potential stock split is circulating as the share price rises; this could improve liquidity but doesn’t change fundamentals. Will Micron Technology Stock Split in 2026?
• Neutral Sentiment: Fresh-high coverage — multiple outlets note MU at 52-week highs and examine whether fundamentals justify further gains; coverage can amplify momentum but also invite profit-taking. Micron Technology, Inc. (MU) Hits Fresh High: Is There Still Room to Run?
• Negative Sentiment: Competitor tailwind, short-term drag — SK Hynix reported a massive profit surge that boosted its stock; the report coincided with Micron sliding intraday, suggesting investor flows can rotate to rivals on headline beats. SK Hynix Posts 400% Profit Rise. Micron Stock Is Falling.
• Negative Sentiment: Capacity risk — SK Hynix’s planned $13B memory plant (and other industry capacity moves) could add supply over time and cap pricing power, a medium-term risk to Micron’s margin outlook. What SK Hynix’s New $13 Billion Memory Plant Means for Micron Stock

Wall Street Analyst Weigh In

A number of brokerages have weighed in on MU. Erste Group Bank downgraded Micron Technology from a "buy" rating to a "hold" rating in a report on Thursday, April 2nd. Sanford C. Bernstein increased their price target on Micron Technology from $330.00 to $510.00 and gave the stock an "outperform" rating in a report on Wednesday, March 18th. Deutsche Bank Aktiengesellschaft boosted their target price on Micron Technology from $500.00 to $550.00 and gave the company a "buy" rating in a research report on Thursday, March 19th. Susquehanna boosted their target price on Micron Technology from $345.00 to $525.00 and gave the company a "positive" rating in a research report on Monday, March 9th. Finally, HSBC boosted their target price on Micron Technology from $350.00 to $500.00 and gave the company a "buy" rating in a research report on Friday, January 23rd. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Buy" and a consensus price target of $464.61.

Micron Technology Price Performance

MU stock opened at $481.72 on Friday. The company has a market capitalization of $543.25 billion, a P/E ratio of 22.74 and a beta of 1.60. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.32 and a current ratio of 2.90. Micron Technology, Inc. has a 52-week low of $73.50 and a 52-week high of $493.62. The business has a 50-day simple moving average of $412.13 and a two-hundred day simple moving average of $325.25.

Micron Technology Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Monday, March 30th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, March 30th. This is a positive change from Micron Technology's previous quarterly dividend of $0.12. This represents a $0.60 annualized dividend and a dividend yield of 0.1%. Micron Technology's payout ratio is presently 2.83%.

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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