Union Bancaire Privee UBP SA lessened its holdings in shares of Micron Technology, Inc. (NASDAQ:MU – Free Report) by 8.9% during the first quarter, HoldingsChannel.com reports. The firm owned 128,042 shares of the semiconductor manufacturer’s stock after selling 12,468 shares during the quarter. Micron Technology makes up about 0.7% of Union Bancaire Privee UBP SA’s holdings, making the stock its 25th biggest holding. Union Bancaire Privee UBP SA’s holdings in Micron Technology were worth $40,729,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also bought and sold shares of the company. Cambient Family Office LLC lifted its stake in Micron Technology by 34.9% during the first quarter. Cambient Family Office LLC now owns 3,105 shares of the semiconductor manufacturer’s stock worth $1,049,000 after purchasing an additional 804 shares during the last quarter. Lewis Asset Management LLC purchased a new stake in shares of Micron Technology in the first quarter valued at about $264,000. Signature Wealth Management Partners LLC purchased a new position in shares of Micron Technology in the 1st quarter worth approximately $357,000. Riverstone Advisors LLC increased its holdings in Micron Technology by 5.8% during the first quarter. Riverstone Advisors LLC now owns 2,770 shares of the semiconductor manufacturer’s stock worth $936,000 after buying an additional 152 shares during the last quarter. Finally, Crown Wealth Group LLC purchased a new position in shares of Micron Technology during the 1st quarter valued at $308,000. Institutional investors own 80.84% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently commented on MU shares. Wedbush raised their price target on Micron Technology from $1,300.00 to $1,400.00 and gave the stock an “outperform” rating in a report on Thursday. The Goldman Sachs Group upped their price target on Micron Technology from $900.00 to $1,100.00 and gave the company a “neutral” rating in a research report on Thursday. Mizuho raised their price objective on shares of Micron Technology from $1,150.00 to $1,375.00 and gave the company an “outperform” rating in a research report on Thursday. Needham & Company LLC upped their target price on shares of Micron Technology from $1,550.00 to $1,650.00 and gave the stock a “buy” rating in a report on Thursday. Finally, Erste Group Bank raised shares of Micron Technology from a “hold” rating to a “buy” rating in a report on Thursday. Five research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, Micron Technology currently has a consensus rating of “Buy” and an average price target of $1,263.76.
Insider Buying and Selling
In other news, EVP Sumit Sadana sold 24,000 shares of the company’s stock in a transaction dated Friday, April 10th. The shares were sold at an average price of $421.35, for a total transaction of $10,112,400.00. Following the completion of the transaction, the executive vice president directly owned 224,021 shares of the company’s stock, valued at approximately $94,391,248.35. This represents a 9.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Steven J. Gomo sold 2,000 shares of the business’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 transaction, the director directly owned 17,139 shares in the company, valued at approximately $13,488,907.17. The trade was a 10.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 146,000 shares of company stock valued at $85,486,715 over the last three months. 0.24% of the stock is owned by corporate insiders.
Micron Technology Price Performance
MU opened at $1,132.33 on Friday. The stock has a 50-day moving average price of $817.22 and a 200-day moving average price of $524.65. Micron Technology, Inc. has a 12-month low of $103.38 and a 12-month high of $1,255.00. The company has a current ratio of 3.42, a quick ratio of 2.32 and a debt-to-equity ratio of 0.05. The stock has a market capitalization of $1.28 trillion, a P/E ratio of 25.64 and a beta of 2.16.
Micron Technology (NASDAQ:MU – Get Free Report) last announced its quarterly earnings data on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share for the quarter, beating analysts’ consensus estimates of $21.39 by $3.72. The company had revenue of $41.46 billion for the quarter, compared to analysts’ expectations of $35.91 billion. Micron Technology had a return on equity of 71.13% and a net margin of 55.91%.Micron Technology’s revenue for the quarter was up 345.8% compared to the same quarter last year. During the same period last year, the firm posted $1.91 EPS. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. Equities analysts predict that Micron Technology, Inc. will post 60.62 earnings per share for the current fiscal year.
Micron Technology Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 21st. Stockholders of record on Monday, July 6th will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Monday, July 6th. Micron Technology’s dividend payout ratio (DPR) is 2.83%.
Key Stories Impacting Micron Technology
Here are the key news stories impacting Micron Technology this week:
- Positive Sentiment: Analysts turned more bullish after Micron’s blowout earnings and strong AI-memory demand, with multiple firms raising price targets and saying the company’s long-term customer agreements improve revenue visibility. Micron and Qualcomm forecasts ignite $400 billion AI chip stock rally
- Positive Sentiment: Micron’s results showed surging revenue, record margins, and management commentary that AI-driven memory shortages could persist for years, reinforcing the bull case for continued pricing power. Micron stock jumps over 16% in premarket trading after blockbuster earnings
- Positive Sentiment: New articles also argue Micron is a key beneficiary of the AI memory boom and may still have room to run because demand is outpacing supply across data centers and AI infrastructure. Micron + One Explosive AI Memory Stock to Buy Before H2 2026
- Neutral Sentiment: Some coverage says investors are reassessing Micron after a huge rally, with a few commentators warning the stock could already be pricing in peak-cycle profits. Micron Was Yesterday’s Win — Here’s How to Find Tomorrow’s
- Negative Sentiment: Micron is also being pressured by a broader tech and chip selloff, with traders taking profits after the post-earnings surge and global semiconductor stocks coming under pressure. Micron falls 5% in premarket, paring earlier gains amid tech rout
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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