Robeco Institutional Asset Management B.V. Sells 199,656 Shares of Micron Technology, Inc. $MU

Key Points

• Robeco reduced its stake in Micron by 22.3%, selling 199,656 shares and leaving it with 696,444 shares worth about $198.8 million at quarter-end.
• Company insiders have been net sellers: two EVPs sold a combined 51,623 shares (Manish Bhatia 26,623 at ~$391; Sumit Sadana 25,000 at ~$429.89), and insiders sold 91,623 shares vs. 23,200 bought last quarter; insiders now own 0.24% of the stock.
• Analyst sentiment is bullish—multiple firms raised price targets (some to $500–$550) and the consensus rating is Buy with a $464.61 target—while Micron also raised its quarterly dividend to $0.15 (annualized $0.60), ex-dividend March 30.

Robeco Institutional Asset Management B.V. reduced its holdings in Micron Technology, Inc. (NASDAQ:MU - Free Report) by 22.3% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 696,444 shares of the semiconductor manufacturer's stock after selling 199,656 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.06% of Micron Technology worth $198,772,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. iA Global Asset Management Inc. lifted its position in Micron Technology by 18.7% in the 3rd quarter. iA Global Asset Management Inc. now owns 146,890 shares of the semiconductor manufacturer's stock worth $24,578,000 after buying an additional 23,117 shares during the last quarter. Wealthfront Advisers LLC boosted its holdings in Micron Technology by 9.8% during the 3rd quarter. Wealthfront Advisers LLC now owns 95,396 shares of the semiconductor manufacturer's stock valued at $15,962,000 after acquiring an additional 8,489 shares during the period. Westpac Banking Corp boosted its holdings in Micron Technology by 251.0% during the 3rd quarter. Westpac Banking Corp now owns 23,086 shares of the semiconductor manufacturer's stock valued at $3,863,000 after acquiring an additional 16,509 shares during the period. Generation Capital Management LLC purchased a new stake in Micron Technology during the 3rd quarter valued at about $238,000. Finally, Avanda Investment Management Pte. Ltd. purchased a new stake in Micron Technology during the 3rd quarter valued at about $418,000. 80.84% of the stock is currently owned by institutional investors.

Insider Transactions at Micron Technology

In other news, EVP Manish H. Bhatia sold 26,623 shares of the firm's stock in a transaction that occurred on Thursday, January 22nd. The stock was sold at an average price of $391.04, for a total value of $10,410,657.92. Following the completion of the transaction, the executive vice president owned 323,486 shares in the company, valued at $126,495,965.44. This trade represents a 7.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Sumit Sadana sold 25,000 shares of the firm's stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $429.89, for a total value of $10,747,250.00. Following the completion of the transaction, the executive vice president owned 248,021 shares of the company's stock, valued at approximately $106,621,747.69. The trade was a 9.16% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have purchased 23,200 shares of company stock worth $7,821,723 and have sold 91,623 shares worth $35,053,508. 0.24% of the stock is owned by company insiders.

Micron Technology Trading Down 0.2%

MU opened at $420.59 on Friday. The stock has a market cap of $474.31 billion, a PE ratio of 19.86 and a beta of 1.60. The company has a quick ratio of 2.32, a current ratio of 2.90 and a debt-to-equity ratio of 0.13. The business has a 50 day moving average of $401.49 and a 200-day moving average of $308.18. Micron Technology, Inc. has a 52 week low of $65.64 and a 52 week high of $471.34.

Micron Technology Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Monday, March 30th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date is Monday, March 30th. This is a boost from Micron Technology's previous quarterly dividend of $0.12. Micron Technology's dividend payout ratio (DPR) is 2.83%.

Analyst Ratings Changes

Several brokerages recently weighed in on MU. Wedbush increased their target price on Micron Technology from $320.00 to $500.00 and gave the company an "outperform" rating in a report on Friday, March 13th. Weiss Ratings reiterated a "buy (b-)" rating on shares of Micron Technology in a report on Thursday, January 29th. Stifel Nicolaus increased their price objective on Micron Technology from $360.00 to $550.00 and gave the stock a "buy" rating in a report on Monday, March 2nd. HSBC increased their price objective on Micron Technology from $350.00 to $500.00 and gave the stock a "buy" rating in a report on Friday, January 23rd. Finally, Morgan Stanley increased their price objective on Micron Technology from $350.00 to $450.00 and gave the stock an "overweight" rating in a report on Wednesday, February 11th. Five research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus target price of $464.61.

Trending Headlines about Micron Technology

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

• Positive Sentiment: Company-issued upside guidance: Micron raised Q3 FY2026 outlook well above consensus — management guided to materially higher EPS and revenue, signaling strong AI/HBM demand and better-than-expected margin leverage (this is a primary driver of optimism among investors).
• Positive Sentiment: BofA backing and AI capex thesis: Bank of America highlighted accelerating, more-stable AI infrastructure spending and lists Micron among top blue‑chip beneficiaries, reinforcing the multi-year demand narrative for memory. BofA Sees Strong Growth in AI Investment, Backs Micron (MU)
• Positive Sentiment: Street-high targets and upgrades: Analysts are lifting price targets (one $825 target cited) and upgrades continue, supporting momentum and buy-side conviction. Micron Gets Street-High $825 Target
• Positive Sentiment: Dividend payment: Micron will pay an upcoming dividend (April 15), which adds a modest income component and may support sentiment among income-focused investors. Micron to pay dividends on April 15; Here's how much 100 shares will earn
• Neutral Sentiment: Momentum and retail interest: Multiple outlets profile MU as a top momentum/AI-infrastructure pick (technical and earnings momentum), which can fuel both follow‑through rallies and higher volatility. Micron & 2 More Momentum Stocks You Shouldn't Miss This April
• Neutral Sentiment: Investor access strategies: Commentary on ways to get exposure with reduced capital (options/structured approaches) may broaden participation but doesn’t change the underlying fundamentals. Micron Stock: Tap Into The Memory-Chip Maker While Reducing Capital Risk
• Negative Sentiment: Modelled downside risk and pullback warnings: Quant models and some analysts flag potential downside (a $318.89 target cited), implying meaningful pullback risk from current levels if momentum stalls or supply/demand dynamics shift. Micron Has 15.58% Downside Risk to Our $318.89 Target Despite the 485.1% Rally
• Negative Sentiment: Geopolitical & trade risks for AI chips: U.S.–China policy friction and export controls remain an overhang for the sector; persistent trade tensions could disrupt supply chains or limit addressable markets for certain customers. AI Chips Are A Looming Battlefield In U.S.-China Trade. What Investors Should Know.

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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