Yelin Lapidot Holdings Management Ltd. Sells 3,325 Shares of Micron Technology, Inc. $MU

Key Points

• Yelin Lapidot Holdings Management reduced its Micron stake by 21.8%, selling 3,325 shares and retaining 11,960 shares valued at approximately $13.8 million. Institutional investors and hedge funds collectively own 80.84% of Micron.
• Micron reported a strong quarter, with earnings of $25.11 per share versus the $21.39 consensus and revenue of $41.46 billion, up 345.8% year over year. The company also declared a $0.15 quarterly dividend.
• Analysts remain broadly bullish, with Micron receiving a consensus “Buy” rating and an average price target of $1,259.97, although insiders sold shares worth about $181.8 million over the past 90 days.

Yelin Lapidot Holdings Management Ltd. lessened its stake in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) by 21.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,960 shares of the semiconductor manufacturer's stock after selling 3,325 shares during the quarter. Micron Technology comprises approximately 2.6% of Yelin Lapidot Holdings Management Ltd.'s portfolio, making the stock its 10th biggest position. Yelin Lapidot Holdings Management Ltd.'s holdings in Micron Technology were worth $13,805,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of MU. Norges Bank acquired a new stake in shares of Micron Technology in the 4th quarter worth $6,433,456,000. AQR Capital Management LLC increased its stake in shares of Micron Technology by 411.9% during the third 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. Arrowstreet Capital Limited Partnership raised its holdings in Micron Technology by 1,340.6% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 2,820,986 shares of the semiconductor manufacturer's stock worth $805,148,000 after purchasing an additional 2,625,169 shares in the last quarter. Amundi raised its holdings in Micron Technology by 65.0% during the fourth quarter. Amundi now owns 4,989,400 shares of the semiconductor manufacturer's stock worth $1,424,025,000 after purchasing an additional 1,965,319 shares in the last quarter. Finally, Vanguard Group Inc. raised its holdings in Micron Technology by 1.9% during the fourth quarter. Vanguard Group Inc. now owns 106,608,094 shares of the semiconductor manufacturer's stock worth $30,427,016,000 after purchasing an additional 1,954,644 shares in the last quarter. 80.84% of the stock is owned by institutional investors and hedge funds.

Micron Technology Trading Up 4.0%

Shares of Micron Technology stock opened at $974.33 on Friday. Micron Technology, Inc. has a 12-month low of $114.25 and a 12-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 market cap of $1.10 trillion, a PE ratio of 22.06 and a beta of 2.18. The company has a 50-day moving average of $967.32 and a two-hundred day moving average of $694.37.

Micron Technology (NASDAQ:MU - Get Free Report) last posted its quarterly earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $21.39 by $3.72. The company had revenue of $41.46 billion during the quarter, compared to the consensus estimate of $35.91 billion. Micron Technology had a net margin of 55.91% and a return on equity of 71.13%. The company's revenue for the quarter was up 345.8% on a year-over-year basis. During the same period last year, the firm earned $1.91 EPS. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. On average, research analysts anticipate that Micron Technology, Inc. will post 72.93 EPS for the current fiscal year.

Micron Technology Announces Dividend

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

Micron Technology News Roundup

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

• Positive Sentiment: $10 billion AI research investment: Micron unveiled Micron Research Labs, a Boise-based facility backed by a planned $10 billion investment over the next decade. The lab will focus on memory technology, advanced packaging, computing systems and future semiconductor manufacturing, potentially strengthening Micron’s competitive position in AI memory. Micron Unveils Micron Research Labs
• Positive Sentiment: AI is changing memory demand: CEO Sanjay Mehrotra said AI has “totally changed” the traditionally cyclical memory industry because AI systems cannot function without memory. His comments reinforce the view that demand for high-bandwidth memory, server DRAM and data-center storage could remain structurally strong rather than follow the usual boom-and-bust pattern. Micron CEO on AI and the memory industry
• Positive Sentiment: Industry-wide support: SK hynix’s roughly $28.6 billion share repurchase and cancellation program lifted confidence across memory stocks. Investors interpreted the move as evidence of strong cash generation, tight high-end memory supply and management confidence in AI-related demand, with Micron benefiting in sympathy. SK hynix buyback supports memory stocks
• Neutral Sentiment: Large-scale expansion: Micron’s planned $50 billion Idaho manufacturing buildout is expected to create jobs and expand U.S. memory capacity, but it is also straining local infrastructure. The spending should support long-term growth while increasing execution and capital-allocation demands. Micron’s Boise expansion
• Negative Sentiment: No immediate buyback: Unlike some rivals, Micron is prioritizing investment and may have to wait before returning capital through substantial share repurchases, which could make the stock less attractive to investors seeking near-term shareholder distributions. Why Micron is not joining the memory buyback wave
• Negative Sentiment: Institutional selling and valuation risk: Stanley Druckenmiller’s Duquesne Family Office reportedly exited Micron during the second quarter, while recent commentary has warned that AI-related spending and memory pricing may still be cyclical. Micron’s sharp prior pullback also highlights the stock’s volatility and sensitivity to macroeconomic and semiconductor-sector sentiment.

Insider Activity at Micron Technology

In other Micron Technology news, CAO Scott R. Allen sold 879 shares of the business's stock in a transaction on Thursday, July 23rd. The stock was sold at an average price of $1,000.00, for a total transaction of $879,000.00. Following the sale, the chief accounting officer directly owned 34,958 shares in the company, valued at approximately $34,958,000. The trade was a 2.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Sanjay Mehrotra sold 31,285 shares of the company's stock in a transaction on Friday, July 24th. The shares were sold at an average price of $926.83, for a total value of $28,995,876.55. Following the completion of the sale, the chief executive officer directly owned 313,218 shares in the company, valued at $290,299,838.94. This trade represents a 9.08% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 177,179 shares of company stock valued at $181,826,211 in the last 90 days. 0.24% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts have weighed in on MU shares. Wedbush lifted their price objective on Micron Technology from $1,300.00 to $1,400.00 and gave the company an "outperform" rating in a report on Thursday, June 25th. Royal Bank Of Canada increased their target price on Micron Technology from $1,200.00 to $1,500.00 and gave the stock an "outperform" rating in a research note on Thursday, June 25th. Bank of America raised their price target on Micron Technology from $950.00 to $1,500.00 and gave the company a "buy" rating in a report on Tuesday, June 23rd. DA Davidson lifted their price target on Micron Technology from $1,500.00 to $2,000.00 and gave the company a "buy" rating in a research note on Thursday, June 25th. Finally, KeyCorp reaffirmed an "overweight" rating on shares of Micron Technology in a report on Monday, July 20th. Three research analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Micron Technology currently has a consensus rating of "Buy" and an average price target of $1,259.97.

About Micron Technology

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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