Micron Technology, Inc. $MU Stock Position Lowered by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC cut its holdings in Micron Technology, Inc. (NASDAQ:MU) by 7.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 8,898,442 shares of the semiconductor manufacturer’s stock after selling 696,371 shares during the period. Micron Technology accounts for 1.9% of UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s investment portfolio, making the stock its 7th biggest position. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Micron Technology were worth $10,271,383,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Ramsey Quantitative Systems bought a new position in shares of Micron Technology in the second quarter worth $46,000. RHL Group LLC purchased a new position in shares of Micron Technology in the second quarter valued at $47,000. Philadelphia Investment Partners LLC bought a new stake in shares of Micron Technology during the 2nd quarter valued at $54,000. Signature Resources Capital Management LLC raised its stake in shares of Micron Technology by 1,125.0% during the 2nd quarter. Signature Resources Capital Management LLC now owns 49 shares of the semiconductor manufacturer’s stock valued at $57,000 after purchasing an additional 45 shares during the period. Finally, Davis Capital Management lifted its holdings in Micron Technology by 510.0% during the 2nd quarter. Davis Capital Management now owns 61 shares of the semiconductor manufacturer’s stock worth $70,000 after purchasing an additional 51 shares in the last quarter. 80.84% of the stock is currently owned by hedge funds and other institutional investors.

More Micron Technology News

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

• Positive Sentiment: AI demand and memory pricing remain powerful tailwinds. High-bandwidth memory (HBM) demand from AI customers is diverting wafer capacity away from conventional memory, while tighter supply and improving memory-chip prices could support Micron’s revenue, margins and upcoming guidance. Why Micron Stock Is Popping on Fresh Memory-Chip Price Data
• Positive Sentiment: Goldman Sachs sees signs of a renewed memory-stock rally. The firm reportedly believes months of weakness may be ending as AI spending strengthens, helping reinforce the bullish outlook for Micron and other memory manufacturers. Goldman Says the Worst May Be Over for Micron and SanDisk
• Positive Sentiment: Long-term industry positioning is favorable. Memory chips are increasingly central to AI infrastructure, and analysts argue Micron’s HBM position could remain strategically important as semiconductor-industry growth is driven by data-center demand. Memory chips have come to rule the AI boom
• Neutral Sentiment: Earnings are the next major catalyst. Micron’s shares have rallied sharply this year and recently reclaimed the $1,000 level, but the September 30 report must confirm contract pricing, HBM demand and the durability of current profits to justify further gains. Micron Stock Has Reclaimed $1,000
• Negative Sentiment: Investors remain concerned about peak earnings and future supply. Micron’s extraordinary profitability may be difficult to sustain if competitors expand HBM capacity too aggressively, potentially creating oversupply and pressuring prices. Thinking of Buying Micron Stock Now
• Negative Sentiment: China represents a longer-term competitive risk. Chinese producers are not expected to challenge Micron’s HBM dominance immediately, but growing domestic memory capabilities could threaten its most profitable markets over time. Micron and Sandisk Face a New China Threat

Insiders Place Their Bets

In other news, EVP April S. Arnzen sold 40,000 shares of the firm’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $1,083.94, for a total transaction of $43,357,600.00. Following the sale, the executive vice president owned 85,737 shares in the company, valued at approximately $92,933,763.78. This trade represents a 31.81% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CAO Scott R. Allen sold 879 shares of Micron Technology stock in a transaction on Thursday, July 23rd. The stock was sold at an average price of $1,000.00, for a total transaction of $879,000.00. Following the sale, the chief accounting officer directly owned 34,958 shares of the company’s stock, valued at $34,958,000. This represents a 2.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 177,204 shares of company stock valued at $182,156,264 over the last three months. Corporate insiders own 0.24% of the company’s stock.

Micron Technology Price Performance

Micron Technology stock opened at $1,000.26 on Wednesday. The stock has a market cap of $1.13 trillion, a price-to-earnings ratio of 22.65, a PEG ratio of 0.64 and a beta of 2.22. The company has a quick ratio of 2.98, a current ratio of 3.42 and a debt-to-equity ratio of 0.05. The business has a 50-day simple moving average of $929.50 and a 200 day simple moving average of $745.20. Micron Technology, Inc. has a 52 week low of $131.56 and a 52 week high of $1,255.00.

Micron Technology (NASDAQ:MU) last released its quarterly earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share for the quarter, beating the consensus estimate of $21.39 by $3.72. The firm 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%.The company’s revenue was up 345.8% compared to the same quarter last year. During the same quarter last year, the firm posted $1.91 EPS. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. On average, research analysts forecast that Micron Technology, Inc. will post 72.93 earnings per share for the current fiscal year.

Micron Technology Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 21st. Investors of record on Monday, July 6th were paid 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 (DPR) is currently 1.36%.

Analyst Ratings Changes

Several research analysts have commented on the company. TD Cowen restated a “buy” rating on shares of Micron Technology in a research note on Friday, July 10th. Barclays upped their price target on Micron Technology from $1,175.00 to $2,000.00 and gave the company an “overweight” rating in a research report on Thursday, June 25th. Cantor Fitzgerald reissued an “overweight” rating and issued a $1,500.00 price target on shares of Micron Technology in a report on Thursday, June 25th. Weiss Ratings restated a “buy (b)” rating on shares of Micron Technology in a research report on Friday, August 7th. Finally, Royal Bank Of Canada boosted their price objective on shares of Micron Technology from $1,200.00 to $1,500.00 and gave the company an “outperform” rating in a research note on Thursday, June 25th. Four research analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $1,295.63.

Micron Technology Company Profile

Micron Technology, Inc is a global semiconductor company that designs, develops, manufactures and sells memory and storage solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, NOR flash memory, solid-state drives, memory modules and high-bandwidth memory used in data-intensive computing applications.

Micron’s products support a range of markets, including data centers, artificial intelligence and high-performance computing, personal computers, smartphones, automotive systems, industrial equipment and networking devices.