New York Life Investment Management LLC Has $27.28 Million Stake in Micron Technology, Inc. $MU

New York Life Investment Management LLC reduced its stake in Micron Technology, Inc. (NASDAQ:MU) by 2.8% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 163,030 shares of the semiconductor manufacturer’s stock after selling 4,694 shares during the quarter. New York Life Investment Management LLC’s holdings in Micron Technology were worth $27,278,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in MU. Cardinal Point Capital Management ULC acquired a new position in Micron Technology during the third quarter valued at approximately $217,000. RFG Advisory LLC boosted its holdings in shares of Micron Technology by 10.5% during the 3rd quarter. RFG Advisory LLC now owns 3,030 shares of the semiconductor manufacturer’s stock worth $507,000 after buying an additional 287 shares during the period. Roman Butler Fullerton & Co. acquired a new position in Micron Technology in the 3rd quarter valued at $235,000. Fielder Capital Group LLC acquired a new position in Micron Technology in the 3rd quarter valued at $278,000. Finally, IFG Advisors LLC raised its holdings in Micron Technology by 3.3% in the 3rd quarter. IFG Advisors LLC now owns 10,177 shares of the semiconductor manufacturer’s stock worth $1,703,000 after acquiring an additional 322 shares during the period. Institutional investors own 80.84% of the company’s stock.

Micron Technology Stock Performance

Shares of MU opened at $394.69 on Monday. The company has a market cap of $444.23 billion, a PE ratio of 37.52 and a beta of 1.51. The firm has a 50-day moving average of $318.68 and a 200-day moving average of $222.65. Micron Technology, Inc. has a one year low of $61.54 and a one year high of $455.50. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.46 and a quick ratio of 1.78.

Micron Technology (NASDAQ:MU) last issued its earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.77 by $1.01. Micron Technology had a net margin of 28.15% and a return on equity of 22.71%. The company had revenue of $13.64 billion for the quarter, compared to analysts’ expectations of $12.62 billion. During the same period in the prior year, the firm earned $1.79 EPS. Micron Technology’s quarterly revenue was up 56.7% compared to the same quarter last year. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. As a group, equities analysts forecast that Micron Technology, Inc. will post 6.08 earnings per share for the current year.

Micron Technology Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 14th. Stockholders of record on Monday, December 29th were given a $0.115 dividend. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Monday, December 29th. Micron Technology’s dividend payout ratio (DPR) is presently 4.37%.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on MU. Weiss Ratings restated a “buy (b-)” rating on shares of Micron Technology in a report on Thursday, January 29th. Wells Fargo & Company boosted their price objective on Micron Technology from $335.00 to $410.00 and gave the stock an “overweight” rating in a research report on Thursday, January 15th. The Goldman Sachs Group raised their target price on Micron Technology from $205.00 to $235.00 and gave the company a “neutral” rating in a report on Thursday, December 18th. Wall Street Zen raised Micron Technology from a “buy” rating to a “strong-buy” rating in a research report on Sunday, November 23rd. Finally, Barclays increased their price objective on Micron Technology from $275.00 to $450.00 and gave the company an “overweight” rating in a research report on Friday, January 16th. Six analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $349.76.

More Micron Technology News

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

• Positive Sentiment: Analyst and market bulls highlight an AI memory shortage that should lift margins and revenue as data‑center capex accelerates; some view the recent dip as a buying opportunity that preserves upside on robust FY2026 EPS growth. Read More.
• Positive Sentiment: Multiple firms have raised price targets (examples include Mizuho and Phillip Securities), signaling strong conviction that HBM/DRAM tightness and Micron’s execution justify higher valuations. Read More.
• Positive Sentiment: Coverage and deep‑dive pieces (Barron’s, Forbes, The Motley Fool) reinforce the bull case that Micron is a primary beneficiary of the AI infrastructure boom and that multi‑year demand/supply dynamics support further gains. Read More.
• Positive Sentiment: Micron’s announced large NAND/supply investments — notably the reported US$24B Singapore fab project — underpin long‑term capacity expansion and revenue growth tied to NAND and AI memory markets, though they raise capex. Read More.
• Neutral Sentiment: Several valuation checks and think‑pieces note the stock’s rapid run (4x YTD in some windows) and debate whether AI tailwinds are already priced in — useful context for entry and sizing decisions but not an immediate catalyst. Read More.
• Negative Sentiment: An analyst note cutting Nvidia HBM4 supply forecasts to zero (or sharply lowering expected HBM volumes) knocked sentiment by suggesting partner demand or supply timing risks that could weigh on near‑term revenue expectations. Read More.
• Negative Sentiment: Insider selling: EVP Sumit Sadana sold ~25,000 shares (~$10.7M), which, together with post‑rally profit‑taking and unusual options activity, has amplified the pullback and investor caution. Read More.

Insider Activity at Micron Technology

In related news, Director Steven J. Gomo sold 5,000 shares of the business’s stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $263.63, for a total transaction of $1,318,150.00. Following the transaction, the director directly owned 19,139 shares of the company’s stock, valued at approximately $5,045,614.57. The trade was a 20.71% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Sumit Sadana sold 25,000 shares of the stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $429.89, for a total value of $10,747,250.00. Following the completion of the sale, the executive vice president owned 248,021 shares in the company, valued at approximately $106,621,747.69. This trade represents a 9.16% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders purchased 23,200 shares of company stock worth $7,821,723 and sold 73,623 shares worth $27,307,408. 0.24% of the stock is owned by insiders.

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.