PKO BP BANKOWY Universal Pension Society JSC Trims Stake in Micron Technology, Inc. $MU

Key Points

• PKO BP BANKOWY Universal Pension Society JSC cut its Micron stake by 18% in the second quarter, selling 31,800 shares and retaining 145,000 shares valued at approximately $167.4 million. Micron still represents 47.8% of the investor’s portfolio.
• Analyst sentiment remains positive: 31 analysts rate Micron a Buy and four rate it a Strong Buy, producing a consensus Buy rating and an average price target of $1,268.93.
• Micron reported quarterly EPS of $25.11 and revenue of $41.46 billion, surpassing estimates and representing 345.8% year-over-year revenue growth. However, company insiders—including the CEO—have sold shares in recent months, totaling about $169.4 million over 90 days.

PKO BP BANKOWY Universal Pension Society JSC decreased its holdings in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) by 18.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 145,000 shares of the semiconductor manufacturer's stock after selling 31,800 shares during the quarter. Micron Technology comprises about 47.8% of PKO BP BANKOWY Universal Pension Society JSC's investment portfolio, making the stock its largest position. PKO BP BANKOWY Universal Pension Society JSC's holdings in Micron Technology were worth $167,372,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of MU. Heritage Trust Co boosted its holdings in shares of Micron Technology by 9.7% in the 4th quarter. Heritage Trust Co now owns 15,026 shares of the semiconductor manufacturer's stock worth $4,289,000 after purchasing an additional 1,323 shares during the period. Castleark Management LLC purchased a new stake in Micron Technology during the 1st quarter valued at $3,709,000. Financial Synergies Wealth Advisors Inc. bought a new stake in Micron Technology in the fourth quarter worth $1,316,000. Dara Capital US Inc. purchased a new position in Micron Technology during the fourth quarter worth $2,926,000. Finally, Meiji Yasuda Asset Management Co Ltd. increased its position in Micron Technology by 231.7% during the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 23,192 shares of the semiconductor manufacturer's stock valued at $6,619,000 after acquiring an additional 16,200 shares during the last quarter. Institutional investors own 80.84% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on MU. Wedbush raised their target price on shares of Micron Technology from $1,300.00 to $1,400.00 and gave the stock an "outperform" rating in a report on Thursday, June 25th. Melius Research began coverage on shares of Micron Technology in a research report on Monday, April 27th. They issued a "buy" rating and a $700.00 price objective on the stock. UBS Group raised their price objective on shares of Micron Technology from $535.00 to $1,625.00 and gave the stock a "buy" rating in a research note on Tuesday, May 26th. KeyCorp reaffirmed an "overweight" rating on shares of Micron Technology in a research note on Monday, July 20th. Finally, Citigroup increased their price target on Micron Technology from $1,200.00 to $1,400.00 and gave the stock a "buy" rating in a report on Thursday, June 25th. Four analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Buy" and an average price target of $1,268.93.

Micron Technology Price Performance

Shares of MU stock opened at $881.47 on Friday. Micron Technology, Inc. has a twelve month low of $110.79 and a twelve month high of $1,255.00. The company has a current ratio of 3.42, a quick ratio of 2.98 and a debt-to-equity ratio of 0.05. The stock has a fifty day simple moving average of $976.89 and a two-hundred day simple moving average of $657.02. The stock has a market capitalization of $995.52 billion, a price-to-earnings ratio of 19.96 and a beta of 2.18.

Micron Technology (NASDAQ:MU - Get Free Report) last announced its quarterly earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 EPS 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 firm had revenue of $41.46 billion for the quarter, compared to analyst estimates of $35.91 billion. During the same quarter last year, the firm posted $1.91 earnings per share. The business's revenue for the quarter was up 345.8% on a year-over-year basis. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. On average, analysts predict that Micron Technology, Inc. will post 72.93 EPS for the current fiscal year.

Micron Technology Dividend Announcement

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 $0.15 dividend. The ex-dividend date was Monday, July 6th. This represents a $0.60 annualized dividend and a dividend yield of 0.1%. Micron Technology's payout ratio is currently 1.36%.

Insiders Place Their Bets

In other news, Director Lynn A. Dugle sold 1,300 shares of the company's stock in a transaction that occurred on Tuesday, June 30th. The shares were sold at an average price of $1,150.43, for a total value of $1,495,559.00. Following the completion of the sale, the director owned 17,728 shares of the company's stock, valued at approximately $20,394,823.04. This represents a 6.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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 transaction of $28,995,876.55. Following the transaction, the chief executive officer owned 313,218 shares in the company, valued at approximately $290,299,838.94. This represents a 9.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 164,179 shares of company stock worth $169,385,921. 0.24% of the stock is owned by corporate insiders.

More Micron Technology News

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

• Positive Sentiment: Micron remains a favored growth stock because its fiscal third-quarter results were well above expectations, with $41.5 billion in revenue, $25.11 in adjusted EPS and revenue growth of more than 345% year over year. The company also issued strong fourth-quarter guidance. Micron & 2 Profitable Stocks Smart Investors Are Buying in August
• Positive Sentiment: AI infrastructure demand continues to support Micron’s high-bandwidth memory business. Industry commentary indicates that memory demand may exceed global supply for several years, while Micron’s 2026 HBM output is reportedly sold out and customer agreements provide additional revenue visibility. How SpaceX’s Earnings Call Turned Bullish for Memory Stocks
• Positive Sentiment: Several analysts and financial publications view MU as attractively valued after its pullback, with reported price targets materially above the current trading level. Record cash flow could also support share repurchases across the memory industry. Micron Is an Incredible Bargain Below $1,000

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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