Micron Technology, Inc. $MU Shares Sold by Morse Asset Management Inc

Morse Asset Management Inc cut its stake in Micron Technology, Inc. (NASDAQ:MU) by 37.4% in the third quarter, HoldingsChannel reports. The institutional investor owned 30,592 shares of the semiconductor manufacturer’s stock after selling 18,243 shares during the quarter. Micron Technology makes up approximately 1.0% of Morse Asset Management Inc’s portfolio, making the stock its 29th biggest holding. Morse Asset Management Inc’s holdings in Micron Technology were worth $5,119,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. REAP Financial Group LLC purchased a new position in Micron Technology in the 3rd quarter valued at approximately $25,000. Barnes Dennig Private Wealth Management LLC acquired a new position in Micron Technology during the third quarter worth $27,000. Howard Hughes Medical Institute purchased a new stake in Micron Technology during the second quarter worth $30,000. Cullen Frost Bankers Inc. grew its holdings in Micron Technology by 79.3% in the third quarter. Cullen Frost Bankers Inc. now owns 199 shares of the semiconductor manufacturer’s stock valued at $33,000 after purchasing an additional 88 shares during the last quarter. Finally, WealthCollab LLC grew its holdings in Micron Technology by 4,500.0% in the second quarter. WealthCollab LLC now owns 276 shares of the semiconductor manufacturer’s stock valued at $34,000 after purchasing an additional 270 shares during the last quarter. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Micron Technology

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

• Positive Sentiment: Wall Street lifts targets and ratings — multiple brokers (RBC, TD Cowen, Rosenblatt, Baird and others) have raised price targets into the ~$500 area on stronger AI memory demand and tighter DRAM pricing, supporting upside expectations. Article Title
• Positive Sentiment: Production milestones: Micron says HBM4 36GB, PCIe Gen6 SSD and SOCAMM2 families are in high‑volume production — these product ramps directly address data‑center/AI customers (NVIDIA cited) and should support near‑term revenue and margin improvements. Article Title
• Positive Sentiment: Tongluo (Taiwan) acquisition and second‑fab plan — Micron completed the PSMC Tongluo P5 site acquisition and plans a second facility, expanding cleanroom capacity to support AI DRAM/HBM shipments (meaningful shipments expected from fiscal 2028). This strengthens capacity roadmap for sustained AI demand. Article Title
• Neutral Sentiment: Momentum and technicals: MU is trading near 52‑week highs with bullish MACD and strong institutional flows; technical strength is attracting momentum traders into earnings week. Article Title
• Neutral Sentiment: Pre‑earnings positioning and mixed investor moves — hedge funds and some billionaire filings show rotation into MU while others trim peers; traders are pricing in a possible beat but volatility around the print remains possible. Article Title
• Negative Sentiment: Downcycle risk and timing: some analysts and commentary warn a memory downcycle could arrive sooner than expected, and the Tongluo site won’t meaningfully contribute until FY2028 — both raise execution/timing risk for near‑term revenue. Article Title
• Negative Sentiment: Insider selling: public filings and data summaries show notable insider sales activity in recent months, which some investors view as a cautionary flag despite institutional accumulation. Article Title

Micron Technology Trading Up 3.7%

Shares of MU stock opened at $441.80 on Tuesday. The company has a market capitalization of $497.25 billion, a price-to-earnings ratio of 42.00 and a beta of 1.50. The company has a current ratio of 2.46, a quick ratio of 1.78 and a debt-to-equity ratio of 0.19. The firm has a 50-day moving average price of $393.94 and a 200 day moving average price of $276.09. Micron Technology, Inc. has a twelve month low of $61.54 and a twelve month high of $455.50.

Micron Technology (NASDAQ:MU) last released its quarterly earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.77 by $1.01. The company had revenue of $13.64 billion for the quarter, compared to analysts’ expectations of $12.62 billion. Micron Technology had a net margin of 28.15% and a return on equity of 22.71%. The firm’s revenue for the quarter was up 56.7% compared to the same quarter last year. During the same period last year, the company earned $1.79 EPS. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. Research analysts forecast that Micron Technology, Inc. will post 6.08 earnings per share for the current fiscal year.

Micron Technology Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Monday, December 29th were given a dividend of $0.115 per share. The ex-dividend date was Monday, December 29th. This represents a $0.46 dividend on an annualized basis and a yield of 0.1%. Micron Technology’s dividend payout ratio (DPR) is 4.37%.

Insider Transactions at Micron Technology

In other Micron Technology news, EVP April S. Arnzen sold 15,000 shares of the stock in a transaction on 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 $45,891,091.62. This represents a 8.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CAO Scott R. Allen sold 2,000 shares of the firm’s stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $337.50, for a total value of $675,000.00. Following the sale, the chief accounting officer owned 38,237 shares in the company, valued at $12,904,987.50. This trade represents a 4.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders bought 23,200 shares of company stock worth $7,821,723 and sold 73,623 shares worth $27,307,408. Insiders own 0.24% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. The Goldman Sachs Group restated a “neutral” rating and issued a $360.00 price target on shares of Micron Technology in a research report on Monday, March 2nd. HSBC raised their target price on shares of Micron Technology from $350.00 to $500.00 and gave the company a “buy” rating in a report on Friday, January 23rd. JPMorgan Chase & Co. lifted their target price on shares of Micron Technology from $220.00 to $350.00 and gave the stock an “overweight” rating in a research report on Thursday, December 18th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Micron Technology in a report on Thursday, January 29th. Finally, Mizuho increased their price target on shares of Micron Technology from $390.00 to $480.00 and gave the company an “outperform” rating in a research report on Tuesday, January 27th. Six research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $394.59.

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.