Calton & Associates Inc. Cuts Stake in Micron Technology, Inc. $MU

Posted by Brenda Bartman on Jun 3rd, 2026

Calton & Associates Inc. lowered its position in Micron Technology, Inc. (NASDAQ:MU – Free Report) by 15.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,257 shares of the semiconductor manufacturer’s stock after selling 1,543 shares during the quarter. Calton & Associates Inc.’s holdings in Micron Technology were worth $2,357,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of MU. Generation Capital Management LLC bought a new stake in Micron Technology in the third quarter valued at approximately $238,000. Wealthfront Advisers LLC lifted its position in 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 during the last quarter. Westpac Banking Corp lifted its position in Micron Technology by 251.0% in the third quarter. Westpac Banking Corp now owns 23,086 shares of the semiconductor manufacturer’s stock valued at $3,863,000 after purchasing an additional 16,509 shares during the last quarter. Avanda Investment Management Pte. Ltd. bought a new position in shares of Micron Technology during the third quarter valued at approximately $418,000. Finally, Wellington Management Group LLP raised its holdings in shares of Micron Technology by 19.9% during the third quarter. Wellington Management Group LLP now owns 7,150,530 shares of the semiconductor manufacturer’s stock valued at $1,196,427,000 after acquiring an additional 1,188,296 shares in the last quarter. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Micron Technology Trading Up 2.8%

Shares of NASDAQ:MU opened at $1,064.10 on Wednesday. Micron Technology, Inc. has a 52-week low of $96.96 and a 52-week high of $1,076.56. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.32 and a current ratio of 2.90. The stock has a market capitalization of $1.20 trillion, a price-to-earnings ratio of 50.24 and a beta of 2.16. The stock’s 50-day simple moving average is $569.31 and its two-hundred day simple moving average is $418.02.

Micron Technology (NASDAQ:MU – Get Free Report) last posted its quarterly earnings data on Wednesday, March 18th. The semiconductor manufacturer reported $12.20 earnings per share for the quarter, beating analysts’ consensus estimates of $9.19 by $3.01. The firm had revenue of $23.86 billion for the quarter, compared to analysts’ expectations of $19.97 billion. Micron Technology had a return on equity of 41.16% and a net margin of 41.49%.The business’s quarterly revenue was up 196 on a year-over-year basis. During the same period in the previous year, the firm earned $1.56 EPS. Analysts expect that Micron Technology, Inc. will post 58.62 EPS for the current year.

Micron Technology Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Monday, March 30th were paid a dividend of $0.15 per share. This is a boost from Micron Technology’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend was Monday, March 30th. This represents a $0.60 annualized dividend and a yield of 0.1%. Micron Technology’s dividend payout ratio is 2.83%.

Insiders Place Their Bets

In related news, EVP Sumit Sadana sold 24,000 shares of Micron Technology stock in a transaction that occurred on Friday, April 10th. The stock was sold at an average price of $421.35, for a total transaction of $10,112,400.00. Following the sale, the executive vice president owned 224,021 shares of the company’s stock, valued at approximately $94,391,248.35. This trade represents a 9.68% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP April S. Arnzen sold 40,000 shares of Micron Technology stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $347.39, for a total value of $13,895,600.00. Following the sale, the executive vice president directly owned 125,737 shares in the company, valued at $43,679,776.43. This trade represents a 24.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 146,000 shares of company stock worth $85,486,715 over the last quarter. Company insiders own 0.24% of the company’s stock.

More Micron Technology News

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

Positive Sentiment: Micron showcased new AI-optimized memory and storage products at COMPUTEX 2026, including HBM4, high-capacity RDIMMs and PCIe Gen6 SSDs, reinforcing its role as a key supplier to AI infrastructure. Micron Powers AI Everywhere at COMPUTEX 2026
Positive Sentiment: Wall Street turned more bullish, with recent reports highlighting higher price targets from firms such as Raymond James, Mizuho, Susquehanna and DA Davidson, which supports the stock’s momentum. Micron Gains Wall Street Support as Memory Demand Builds
Positive Sentiment: Several articles pointed to Micron as a major beneficiary of the AI boom and memory-chip shortage, with investors focusing on strong DRAM and HBM demand outstripping supply. How a nudge from Nvidia propelled frugal Micron into the AI boom and a $1 trillion market cap
Positive Sentiment: Micron remains in the spotlight after reporting explosive revenue growth in its latest quarter, helping validate the AI-driven earnings narrative behind the rally. Will AI Servers Keep Micron’s DRAM Demand Momentum Strong?
Neutral Sentiment: Micron briefly crossed the $1 trillion valuation mark, which has increased attention and trading interest, but also raised valuation concerns among some investors. Are the 3 Newest Members of the $1 Trillion Market Cap Club the Latest Sign of an AI Bubble?
Negative Sentiment: CEO Sanjay Mehrotra sold shares in two disclosed transactions, which may modestly weigh on sentiment even though the sales were relatively small compared with his remaining stake. SEC filing

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on MU. Citigroup upped their target price on Micron Technology from $425.00 to $840.00 and gave the company a “buy” rating in a report on Tuesday, May 19th. Raymond James Financial upped their target price on Micron Technology from $530.00 to $1,100.00 and gave the company an “outperform” rating in a report on Monday. Needham & Company LLC upped their target price on Micron Technology from $450.00 to $500.00 and gave the company a “buy” rating in a report on Thursday, March 19th. Morgan Stanley upped their target price on Micron Technology from $350.00 to $450.00 and gave the company an “overweight” rating in a report on Wednesday, February 11th. Finally, Barclays upped their target price on Micron Technology from $450.00 to $675.00 and gave the company an “overweight” rating in a report on Thursday, March 19th. Five investment analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $621.97.

Get Our Latest Report on Micron Technology

About Micron Technology

(Free Report)

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.