Rock Point Advisors LLC Decreases Position in Micron Technology, Inc. $MU

Rock Point Advisors LLC decreased its holdings in Micron Technology, Inc. (NASDAQ:MU) by 20.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,804 shares of the semiconductor manufacturer’s stock after selling 4,690 shares during the quarter. Rock Point Advisors LLC’s holdings in Micron Technology were worth $2,979,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Orleans Capital Management Corp LA acquired a new position in Micron Technology during the second quarter worth about $256,000. iA Global Asset Management Inc. lifted its stake 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 purchasing an additional 23,117 shares in the last quarter. Cary Street Partners Financial LLC boosted its holdings in shares of Micron Technology by 25.0% during the 2nd quarter. Cary Street Partners Financial LLC now owns 26,132 shares of the semiconductor manufacturer’s stock worth $3,221,000 after purchasing an additional 5,233 shares during the last quarter. Wealthspire Advisors LLC boosted its holdings in shares of Micron Technology by 27.8% during the 2nd quarter. Wealthspire Advisors LLC now owns 14,754 shares of the semiconductor manufacturer’s stock worth $1,818,000 after purchasing an additional 3,208 shares during the last quarter. Finally, Wealthfront Advisers LLC grew its position in shares of Micron Technology by 9.8% in the third quarter. Wealthfront Advisers LLC now owns 95,396 shares of the semiconductor manufacturer’s stock valued at $15,962,000 after purchasing an additional 8,489 shares in the last quarter. 80.84% of the stock is owned by institutional investors and hedge funds.

Micron Technology News Roundup

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

• Positive Sentiment: Micron began shipping customer samples of a record 256GB LPDRAM SOCAMM2 module — a product milestone that strengthens its leadership in AI/data‑center memory (better performance per watt and higher density). Micron Sets New Benchmark With the World’s First High-Capacity 256GB LPDRAM SOCAMM2
• Positive Sentiment: Multiple outlets report Micron shipping the high‑capacity LPDRAM and highlighting technical advantages (faster inference, lower power, smaller footprint) — a commercial catalyst for AI and HPC server demand. Micron (MU) Begins Shipping Highest-Capacity 256GB AI Memory Module Samples
• Positive Sentiment: Wall Street remains constructive: recent analyst moves include Morgan Stanley and UBS increasing targets (and Stifel raising its target as well), signaling continued bullishness on memory pricing and margins. Micron (MU) Suffers a Larger Drop Than the General Market: Key Insights
• Neutral Sentiment: Micron opened a major assembly & test facility in India (Sanand) to expand manufacturing capacity — positive long‑term for supply resilience but not an immediate earnings swing. Micron’s India Plant Opens New Chapter In AI Memory Capacity
• Neutral Sentiment: Volatility has boosted option premiums; some traders highlight lucrative short‑put yields as income/value strategies while others view the move as a sign of elevated risk. Micron Technology Short-Put Plays Have Huge Yields – Attractive to Value Investors
• Negative Sentiment: Today’s drop is driven mainly by a broad market selloff tied to escalating conflict in the Middle East — a macro/geopolitical shock that hit memory and other high‑beta tech names hard. The Iran Conflict Is Hitting Stocks Across the World
• Negative Sentiment: Analysts and market note heightened short‑term risk for memory stocks from macro shocks, profit‑taking after a strong run, and lingering concerns about HBM competition/possible cyclical oversupply. How Low Can Micron Stock Go?

Micron Technology Stock Down 8.0%

NASDAQ:MU opened at $379.68 on Wednesday. Micron Technology, Inc. has a 52 week low of $61.54 and a 52 week high of $455.50. The stock’s fifty day moving average is $373.79 and its two-hundred day moving average is $257.90. The stock has a market capitalization of $427.33 billion, a price-to-earnings ratio of 36.09 and a beta of 1.50. The company has a quick ratio of 1.78, a current ratio of 2.46 and a debt-to-equity ratio of 0.19.

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

Micron Technology Announces Dividend

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

Insiders Place Their Bets

In related news, EVP April S. Arnzen sold 15,000 shares of Micron Technology stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $277.09, for a total value of $4,156,350.00. Following the completion of the transaction, the executive vice president owned 165,618 shares in the company, valued at approximately $45,891,091.62. The trade was a 8.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Sumit Sadana sold 25,000 shares of the stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $429.89, for a total transaction of $10,747,250.00. Following the sale, the executive vice president owned 248,021 shares in the company, valued at approximately $106,621,747.69. This trade represents a 9.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have bought 23,200 shares of company stock valued at $7,821,723 and have sold 73,623 shares valued at $27,307,408. 0.24% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of brokerages recently commented on MU. Wedbush set a $320.00 price objective on Micron Technology in a research report on Thursday, December 18th. Deutsche Bank Aktiengesellschaft lifted their price target on Micron Technology from $200.00 to $280.00 and gave the stock a “buy” rating in a report on Tuesday, December 9th. Needham & Company LLC upped their price objective on shares of Micron Technology from $380.00 to $450.00 and gave the company a “buy” rating in a report on Tuesday, February 17th. Bank of America boosted their target price on shares of Micron Technology from $300.00 to $400.00 and gave the company a “buy” rating in a report on Tuesday, January 13th. Finally, Wolfe Research raised their price target on shares of Micron Technology from $300.00 to $350.00 and gave the stock an “outperform” rating in a report on Thursday, December 18th. Six equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $371.83.

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.