Micron Technology, Inc. $MU Shares Sold by Waverly Advisors LLC

Posted by Geri Gentry on Jul 26th, 2026

Waverly Advisors LLC lessened its stake in shares of Micron Technology, Inc. (NASDAQ:MU – Free Report) by 8.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 120,415 shares of the semiconductor manufacturer’s stock after selling 10,780 shares during the quarter. Waverly Advisors LLC’s holdings in Micron Technology were worth $40,681,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in MU. Cumberland Partners Ltd acquired a new stake in Micron Technology in the 1st quarter valued at approximately $2,331,000. Unisphere Establishment purchased a new position in Micron Technology during the 1st quarter valued at about $5,574,000. Sustainable Insight Capital Management LLC grew its position in Micron Technology by 165.8% in the 1st quarter. Sustainable Insight Capital Management LLC now owns 2,565 shares of the semiconductor manufacturer’s stock valued at $867,000 after acquiring an additional 1,600 shares in the last quarter. Boreal Capital Management LLC purchased a new stake in Micron Technology during the first quarter worth about $237,000. Finally, Senvest Management LLC purchased a new stake in Micron Technology during the first quarter worth about $8,108,000. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Micron Technology

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

Positive Sentiment: Micron remains a key beneficiary of AI infrastructure spending, with bullish coverage highlighting rising demand for HBM, DRAM and NAND as memory intensity increases in next-generation AI systems. Micron Is A Strong Buy Again Because Of Kimi K3
Positive Sentiment: Micron’s HBM4 ramp-up and faster yield gains could support revenue and margin growth, reinforcing its position in the AI memory race. Micron Boosts HBM4 Ramp-Up: Will It Help MU Lead the AI Memory Race?
Neutral Sentiment: Analysts and market commentators continue to point to strong long-term fundamentals, but this support is being offset by near-term volatility in the chip trade. Micron Stock Price Stalls Below $1,000 – Here’s Why Analysts Aren’t Worried
Negative Sentiment: Semiconductor stocks are sliding broadly as investors lock in gains after a huge 2026 rally, with valuation concerns and leveraged-position unwinding hitting the group. Semiconductor Crossroads: Healthy Consolidation or Deeper Repricing?
Negative Sentiment: Chip stocks, including Micron, are also being pressured by weakness in Korean memory names and concern over Chinese memory developments, adding to the selloff in U.S. memory shares. Why Micron and other major chip stocks are falling — even as the rest of tech holds up

Analyst Upgrades and Downgrades

MU has been the subject of several recent research reports. DA Davidson raised their price objective on shares of Micron Technology from $1,500.00 to $2,000.00 and gave the company a “buy” rating in a research note on Thursday, June 25th. Cantor Fitzgerald reiterated an “overweight” rating and set a $1,500.00 target price on shares of Micron Technology in a report on Thursday, June 25th. The Goldman Sachs Group raised their price target on shares of Micron Technology from $900.00 to $1,100.00 and gave the company a “neutral” rating in a research report on Thursday, June 25th. TD Cowen restated a “buy” rating on shares of Micron Technology in a research note on Friday, July 10th. Finally, Stifel Nicolaus upped their price objective on Micron Technology from $550.00 to $1,500.00 and gave the stock a “buy” rating in a research report on Thursday, June 18th. Four investment 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 company. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $1,268.93.

Get Our Latest Report on Micron Technology

Micron Technology Trading Down 7.0%

NASDAQ MU opened at $920.95 on Friday. The company has a quick ratio of 2.98, a current ratio of 3.42 and a debt-to-equity ratio of 0.05. Micron Technology, Inc. has a 52 week low of $103.38 and a 52 week high of $1,255.00. The stock has a market capitalization of $1.04 trillion, a PE ratio of 20.85 and a beta of 2.14. The firm has a 50 day moving average of $966.27 and a two-hundred day moving average of $622.56.

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. Micron Technology had a net margin of 55.91% and a return on equity of 71.13%. The business had revenue of $41.46 billion for the quarter, compared to analyst estimates of $35.91 billion. During the same period last year, the business earned $1.91 EPS. The company’s revenue was up 345.8% on a year-over-year basis. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. As a group, research analysts expect that Micron Technology, Inc. will post 72.93 EPS for the current fiscal year.

Micron Technology Dividend Announcement

The firm 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. This represents a $0.60 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend was Monday, July 6th. Micron Technology’s dividend payout ratio is 1.36%.

Insider Activity at Micron Technology

In other news, CEO Sanjay Mehrotra sold 40,000 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $536.26, for a total transaction of $21,450,400.00. Following the completion of the sale, the chief executive officer owned 424,503 shares in the company, valued at approximately $227,643,978.78. The trade was a 8.61% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Lynn A. Dugle sold 1,300 shares of the company’s stock in a transaction on Tuesday, June 30th. The shares were sold at an average price of $1,150.43, for a total transaction of $1,495,559.00. Following the completion of the transaction, the director owned 17,728 shares of the company’s stock, valued at approximately $20,394,823.04. The trade was a 6.83% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 163,300 shares of company stock valued at $152,667,204. Company insiders own 0.24% of the company’s stock.

Micron Technology Profile

(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.