Cornerstone Advisors LLC Has $3.66 Million Stake in Micron Technology, Inc. $MU

Cornerstone Advisors LLC reduced its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 10.6% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 21,900 shares of the semiconductor manufacturer’s stock after selling 2,600 shares during the quarter. Cornerstone Advisors LLC’s holdings in Micron Technology were worth $3,664,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. REAP Financial Group LLC bought a new position in shares of Micron Technology in the 3rd quarter valued at approximately $25,000. First Command Advisory Services Inc. grew its holdings in Micron Technology by 225.0% during the second quarter. First Command Advisory Services Inc. now owns 221 shares of the semiconductor manufacturer’s stock valued at $27,000 after purchasing an additional 153 shares during the last quarter. Barnes Dennig Private Wealth Management LLC bought a new position in shares of Micron Technology in the third quarter valued at approximately $27,000. Howard Hughes Medical Institute acquired a new stake in shares of Micron Technology in the second quarter worth $30,000. Finally, AlphaQuest LLC boosted its holdings in shares of Micron Technology by 13,250.0% during the 2nd quarter. AlphaQuest LLC now owns 267 shares of the semiconductor manufacturer’s stock worth $33,000 after buying an additional 265 shares during the period. Institutional investors and hedge funds own 80.84% of the company’s stock.

Micron Technology Price Performance

Shares of MU stock opened at $420.95 on Thursday. Micron Technology, Inc. has a 12 month low of $61.54 and a 12 month high of $455.50. The company has a market capitalization of $473.78 billion, a P/E ratio of 40.01 and a beta of 1.52. The stock has a 50 day moving average of $344.36 and a two-hundred day moving average of $238.22. The company has a current ratio of 2.46, a quick ratio of 1.78 and a debt-to-equity ratio of 0.19.

Micron Technology (NASDAQ:MU) last released its quarterly earnings data on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.77 by $1.01. The business had revenue of $13.64 billion for the quarter, compared to analysts’ expectations of $12.62 billion. Micron Technology had a return on equity of 22.71% and a net margin of 28.15%.Micron Technology’s quarterly revenue was up 56.7% on a year-over-year basis. During the same period in the previous year, the business posted $1.79 earnings per share. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. As a group, equities analysts expect that Micron Technology, Inc. will post 6.08 EPS for the current year.

Micron Technology Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 14th. Stockholders of record on Monday, December 29th were paid a $0.115 dividend. The ex-dividend date was Monday, December 29th. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.1%. Micron Technology’s dividend payout ratio is currently 4.37%.

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. Royal Bank Of Canada began coverage on shares of Micron Technology in a report on Thursday, January 15th. They issued an “outperform” rating and a $425.00 target price on the stock. UBS Group raised their price target on Micron Technology from $300.00 to $400.00 and gave the company a “buy” rating in a research report on Wednesday, January 7th. Sanford C. Bernstein lifted their price objective on Micron Technology from $270.00 to $330.00 and gave the stock an “outperform” rating in a research note on Friday, January 2nd. Cantor Fitzgerald increased their target price on Micron Technology from $350.00 to $450.00 and gave the company an “overweight” rating in a research note on Wednesday, January 14th. Finally, Phillip Securities raised Micron Technology to a “strong-buy” rating in a report on Monday, February 2nd. Six investment analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, Micron Technology currently has an average rating of “Buy” and an average price target of $358.38.

Insider Activity at Micron Technology

In related news, EVP Manish H. Bhatia sold 26,623 shares of the stock in a transaction dated Thursday, January 22nd. The shares were 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 of the company’s stock, valued at $126,495,965.44. This represents a 7.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP April S. Arnzen sold 15,000 shares of the firm’s stock in a transaction dated Monday, December 22nd. The stock was sold at an average price of $277.09, for a total transaction of $4,156,350.00. Following the transaction, the executive vice president owned 165,618 shares of the company’s stock, valued at approximately $45,891,091.62. This represents a 8.30% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders purchased 23,200 shares of company stock worth $7,821,723 and sold 73,623 shares worth $27,307,408. 0.24% of the stock is currently owned by insiders.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: HBM4 capacity sold out through 2026, tightening supply and supporting pricing power for Micron’s AI memory products. That supply scarcity is a direct revenue/margin driver. Article Title
• Positive Sentiment: Analysts and Wall Street are raising targets and signaling upside (Needham raised MU’s target to $450), reflecting stronger guidance and expectations for margin expansion from AI data‑center demand. Article Title
• Positive Sentiment: Major investors are increasing exposure to Micron (e.g., David Tepper’s Appaloosa materially boosted its stake), signaling institutional conviction that MU will benefit from the AI capex cycle. Article Title
• Positive Sentiment: NAND/SSD revenues are accelerating alongside DRAM/HBM demand; Micron’s new SSDs and ramp plans broaden revenue streams and reduce single‑product risk. Article Title
• Neutral Sentiment: Retail and value‑ETF flows (and chatter in Barron’s/ETF coverage) show broad interest in tech/value exposures alongside names like Micron, but these are background flows rather than company‑specific catalysts. Article Title
• Negative Sentiment: Heavy insider selling has been reported across multiple executives (Quiver summary), which can spook investors despite company performance and may amplify volatility on any negative news. Article Title
• Negative Sentiment: Analysts and commentators warn of MU’s cyclical risk and potential downside if capacity or guidance disappoints (some scenarios model large drawdowns, e.g., Forbes’ $280 scenario). Investors should watch guidance vs. actuals closely. Article Title
• Negative Sentiment: Near‑term profit‑taking and underperformance on certain sessions have occurred amid the rapid run‑up, so expect elevated volatility even as fundamentals improve. Article Title

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.