Uhlmann Price Securities LLC Sells 1,350 Shares of Micron Technology, Inc. $MU

Key Points

• Uhlmann Price Securities LLC cut its Micron position by 50% in the first quarter, selling 1,350 shares and leaving it with 1,350 shares valued at about $459,000.
• Market sentiment around Micron remains broadly positive, with several analysts and news reports pointing to strong DRAM/NAND pricing, AI-driven memory demand, and the company’s capacity expansion as tailwinds ahead of earnings.
• Despite the bullish outlook, investors are bracing for a potentially volatile earnings reaction because expectations are high and some bearish commentary warns Micron could fall if results merely meet, rather than significantly beat, forecasts.

Uhlmann Price Securities LLC trimmed its position in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) by 50.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,350 shares of the semiconductor manufacturer's stock after selling 1,350 shares during the quarter. Uhlmann Price Securities LLC's holdings in Micron Technology were worth $459,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. High Note Wealth LLC raised its holdings in Micron Technology by 65.4% in the 4th quarter. High Note Wealth LLC now owns 86 shares of the semiconductor manufacturer's stock valued at $25,000 after buying an additional 34 shares during the last quarter. Elevation Wealth Partners LLC boosted its position in Micron Technology by 295.8% during the 4th quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer's stock worth $27,000 after buying an additional 71 shares during the period. Steigerwald Gordon & Koch Inc. grew its holdings in Micron Technology by 4,800.0% during the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 98 shares of the semiconductor manufacturer's stock worth $28,000 after acquiring an additional 96 shares during the last quarter. Bayban bought a new stake in Micron Technology during the 4th quarter worth approximately $29,000. Finally, GHP Investment Advisors Inc. grew its holdings in Micron Technology by 91.2% during the 4th quarter. GHP Investment Advisors Inc. now owns 109 shares of the semiconductor manufacturer's stock worth $31,000 after acquiring an additional 52 shares during the last quarter. 80.84% of the stock is currently owned by institutional investors.

Key Micron Technology News

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

• Positive Sentiment: Multiple firms raised price targets on Micron (MU), citing stronger DRAM/NAND pricing, AI-driven memory demand, and rising data-center sales. Wedbush lifted its target to $1,300, while other reports pointed to even higher bullish targets, signaling continued confidence ahead of earnings. Article Title
• Positive Sentiment: Micron’s U.S. capacity expansion and advanced 1-alpha DRAM production were highlighted as strategic moves that could support long-term AI infrastructure demand, reinforcing the company’s role as a key memory supplier for AI data centers. Article Title
• Positive Sentiment: Several articles say MU is likely to beat fiscal Q3 estimates thanks to tight memory supply, strong pricing power, and new chip ramp-up, which would extend the company’s recent run and keep AI-related optimism alive. Article Title
• Neutral Sentiment: Investors are treating Micron’s June 24 earnings report as a key read-through on whether the AI-driven chip rally still has room to run. That makes the stock a high-expectation name going into results, but not automatically one with easy upside from here. Article Title
• Neutral Sentiment: Some commentary also suggests Micron (MU) could see a volatile reaction even if earnings are good, since the stock has already had a huge run and expectations are elevated. Article Title
• Negative Sentiment: Bearish pieces warn that Micron’s upcoming report is a “tough earnings test,” with some arguing the stock could fall if the company merely meets expectations instead of dramatically exceeding them. Article Title
• Negative Sentiment: SK Hynix’s plan to expand memory production over the next five years was flagged as a competitive risk for MU, potentially pressuring pricing and margins later if supply growth outpaces demand. Article Title

Insider Activity

In other Micron Technology news, Director Steven J. Gomo sold 2,000 shares of the company's stock in a transaction on Monday, May 11th. The shares were sold at an average price of $787.03, for a total transaction of $1,574,060.00. Following the sale, the director owned 17,139 shares of the company's stock, valued at approximately $13,488,907.17. This represents a 10.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP April S. Arnzen sold 40,000 shares of the stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $347.39, for a total value of $13,895,600.00. Following the sale, the executive vice president owned 125,737 shares of the company's stock, valued at approximately $43,679,776.43. The trade was a 24.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 146,000 shares of company stock worth $85,486,715 over the last ninety days. Corporate insiders own 0.24% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Bank of America raised their price target on shares of Micron Technology from $400.00 to $500.00 and gave the company a "buy" rating in a research note on Thursday, March 19th. KeyCorp boosted their price objective on shares of Micron Technology from $450.00 to $600.00 and gave the stock an "overweight" rating in a research note on Thursday, March 19th. Morgan Stanley increased their price objective on Micron Technology from $520.00 to $1,050.00 and gave the company an "overweight" rating in a report on Wednesday, June 3rd. JPMorgan Chase & Co. raised their target price on Micron Technology from $350.00 to $550.00 and gave the stock an "overweight" rating in a research report on Thursday, March 19th. Finally, Weiss Ratings reaffirmed a "buy (b)" rating on shares of Micron Technology in a report on Tuesday, May 12th. Five analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat, Micron Technology presently has a consensus rating of "Buy" and an average price target of $913.47.

Micron Technology Price Performance

Shares of NASDAQ MU opened at $1,133.99 on Friday. The company has a market capitalization of $1.28 trillion, a P/E ratio of 53.54 and a beta of 2.16. Micron Technology, Inc. has a 52-week low of $103.38 and a 52-week high of $1,149.43. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.32 and a current ratio of 2.90. The company's 50 day moving average price is $748.09 and its 200-day moving average price is $493.40.

Micron Technology (NASDAQ:MU - Get Free Report) last posted its quarterly earnings data on Wednesday, March 18th. The semiconductor manufacturer reported $12.20 EPS for the quarter, beating analysts' consensus estimates of $9.19 by $3.01. Micron Technology had a net margin of 41.49% and a return on equity of 41.16%. The company had revenue of $23.86 billion for the quarter, compared to analyst estimates of $19.97 billion. During the same period in the prior year, the firm posted $1.56 EPS. The company's quarterly revenue was up 196 on a year-over-year basis. Equities analysts forecast that Micron Technology, Inc. will post 61.51 earnings per share for the current year.

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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