Bull Harbor Capital LLC purchased a new position in Micron Technology, Inc. (NASDAQ:MU – Free Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 9,432 shares of the semiconductor manufacturer’s stock, valued at approximately $3,187,000. Micron Technology accounts for approximately 0.9% of Bull Harbor Capital LLC’s portfolio, making the stock its 13th largest position.
Other hedge funds also recently made changes to their positions in the company. High Note Wealth LLC lifted its holdings in Micron Technology by 65.4% during the 4th quarter. High Note Wealth LLC now owns 86 shares of the semiconductor manufacturer’s stock worth $25,000 after purchasing an additional 34 shares in the last quarter. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Micron Technology in the first quarter worth about $27,000. Steigerwald Gordon & Koch Inc. lifted its holdings in shares of Micron Technology by 4,800.0% in the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 98 shares of the semiconductor manufacturer’s stock worth $28,000 after buying an additional 96 shares in the last quarter. Bayban bought a new position in shares of Micron Technology in the fourth quarter valued at approximately $29,000. Finally, GHP Investment Advisors Inc. boosted its position in shares of Micron Technology by 91.2% in the fourth quarter. GHP Investment Advisors Inc. now owns 109 shares of the semiconductor manufacturer’s stock valued at $31,000 after acquiring an additional 52 shares during the period. 80.84% of the stock is currently owned by hedge funds and other institutional investors.
Insider Activity at Micron Technology
In other Micron Technology news, EVP April S. Arnzen sold 40,000 shares of the company’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $1,083.94, for a total value of $43,357,600.00. Following the completion of the transaction, the executive vice president directly owned 85,737 shares in the company, valued at approximately $92,933,763.78. This represents a 31.81% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Lynn A. Dugle sold 1,300 shares of the firm’s stock in a transaction dated Tuesday, June 30th. The stock was sold at an average price of $1,150.43, for a total transaction of $1,495,559.00. Following the completion of the sale, the director directly owned 17,728 shares of the company’s stock, valued at approximately $20,394,823.04. This represents a 6.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 204,179 shares of company stock valued at $190,836,321 in the last 90 days. 0.24% of the stock is owned by company insiders.
Analysts Set New Price Targets
Get Our Latest Stock Analysis on Micron Technology
Micron Technology Stock Down 9.9%
Shares of NASDAQ:MU opened at $739.00 on Thursday. The stock’s 50-day moving average is $973.22 and its 200 day moving average is $634.95. The company has a market cap of $834.62 billion, a PE ratio of 16.73 and a beta of 2.14. The company has a debt-to-equity ratio of 0.05, a current ratio of 3.42 and a quick ratio of 2.98. Micron Technology, Inc. has a 1 year low of $103.38 and a 1 year high of $1,255.00.
Micron Technology (NASDAQ:MU – Get Free Report) last issued its quarterly earnings data on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share for the quarter, topping analysts’ consensus estimates of $21.39 by $3.72. Micron Technology had a return on equity of 71.13% and a net margin of 55.91%.The firm had revenue of $41.46 billion for the quarter, compared to analyst estimates of $35.91 billion. During the same period last year, the company earned $1.91 EPS. The business’s quarterly revenue was up 345.8% compared to the same quarter last year. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. Sell-side analysts anticipate that Micron Technology, Inc. will post 72.93 EPS for the current year.
Micron Technology Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Tuesday, July 21st. Investors of record on Monday, July 6th were issued a $0.15 dividend. The ex-dividend date was Monday, July 6th. This represents a $0.60 annualized dividend and a yield of 0.1%. Micron Technology’s payout ratio is 1.36%.
Key Headlines Impacting Micron Technology
Here are the key news stories impacting Micron Technology this week:
- Positive Sentiment: Micron’s fundamental outlook remains strong. Its latest quarter produced $41.46 billion in revenue, up 345.8% year over year, and EPS of $25.11, well above consensus. Analysts continue to cite robust high-bandwidth-memory demand, hyperscaler spending and long-term customer agreements as support for sustained earnings growth. Micron: AI Panic, But Memory Supercycle Isn’t Over Yet
- Positive Sentiment: Some analysts remain bullish after the selloff. Erste Group modestly raised its fiscal 2026 EPS forecast, while other research argues Micron’s contracted revenue base and AI exposure could support another major growth phase through 2030. Potential U.S. restrictions or tariffs on Chinese memory could also limit lower-cost competition and improve Micron’s pricing power. Chips and Clips: Memory Tariffs Rewire Tech Supply Chains
- Neutral Sentiment: Analysts broadly retain buy ratings, but the stock’s exceptional one-year rally has increased volatility and encouraged profit-taking. CME’s launch of extended-hours single-stock futures, including Micron contracts, may improve liquidity while enabling faster reactions to overnight semiconductor news.
- Negative Sentiment: The SK hynix results intensified a sector-wide memory selloff, as investors questioned whether AI infrastructure spending and memory pricing can remain at current levels. Broader market weakness—surging oil prices and uncertainty ahead of the Federal Reserve decision—has added pressure to high-beta technology shares. Nvidia, AMD, Micron Lead Chip Stocks Selloff
- Negative Sentiment: China’s ChangXin Memory Technologies (CXMT) delivered a blockbuster IPO, reviving fears that Chinese DRAM production could eventually challenge Micron’s market share and pricing power. Technical selling also accelerated after MU broke below a key support level. Why Micron Stock Dropped Again Today
- Negative Sentiment: CEO Sanjay Mehrotra’s approximately $37 million stock sale and a smaller chief accounting officer sale have added to investor caution, although both executives retained substantial holdings.
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.
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