Cim Investment Management Inc. Lowers Position in Micron Technology, Inc. $MU

Cim Investment Management Inc. trimmed its holdings in shares of Micron Technology, Inc. (NASDAQ:MU) by 50.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,768 shares of the semiconductor manufacturer’s stock after selling 23,273 shares during the period. Micron Technology comprises about 1.0% of Cim Investment Management Inc.’s portfolio, making the stock its 17th largest position. Cim Investment Management Inc.’s holdings in Micron Technology were worth $3,810,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the business. American Capital Advisory LLC raised its position in shares of Micron Technology by 20.4% in the third quarter. American Capital Advisory LLC now owns 272 shares of the semiconductor manufacturer’s stock valued at $46,000 after buying an additional 46 shares during the last quarter. Winthrop Capital Management LLC boosted its position in Micron Technology by 4.0% during the third quarter. Winthrop Capital Management LLC now owns 1,234 shares of the semiconductor manufacturer’s stock worth $206,000 after acquiring an additional 47 shares during the last quarter. Main Street Research LLC grew its stake in Micron Technology by 0.8% during the 3rd quarter. Main Street Research LLC now owns 5,976 shares of the semiconductor manufacturer’s stock valued at $1,000,000 after acquiring an additional 47 shares in the last quarter. Vivaldi Capital Management LP raised its holdings in Micron Technology by 2.6% in the 3rd quarter. Vivaldi Capital Management LP now owns 1,940 shares of the semiconductor manufacturer’s stock valued at $325,000 after acquiring an additional 49 shares during the last quarter. Finally, Teamwork Financial Advisors LLC raised its holdings in Micron Technology by 0.4% in the 3rd quarter. Teamwork Financial Advisors LLC now owns 14,974 shares of the semiconductor manufacturer’s stock valued at $2,505,000 after acquiring an additional 53 shares during the last quarter. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Micron Technology Price Performance

MU opened at $461.69 on Wednesday. Micron Technology, Inc. has a 52-week low of $61.54 and a 52-week high of $462.73. The company has a 50 day moving average of $396.30 and a two-hundred day moving average of $278.51. The company has a market cap of $519.64 billion, a P/E ratio of 43.89 and a beta of 1.50. The company has a quick ratio of 1.78, a current ratio of 2.46 and a debt-to-equity ratio of 0.19.

Micron Technology (NASDAQ:MU) last posted its earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share for the quarter, beating the consensus estimate of $3.77 by $1.01. Micron Technology had a net margin of 28.15% and a return on equity of 22.71%. The business had revenue of $13.64 billion for the quarter, compared to analyst estimates of $12.62 billion. During the same quarter in the previous year, the business posted $1.79 EPS. The business’s quarterly revenue was up 56.7% on a year-over-year basis. On average, analysts expect that Micron Technology, Inc. will post 6.08 earnings per share for the current year.

Insider Buying and Selling

In other news, EVP Sumit Sadana sold 25,000 shares of the company’s stock in a transaction dated Monday, February 2nd. The stock was 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 of the company’s stock, valued at $106,621,747.69. This represents a 9.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP April S. Arnzen sold 15,000 shares of the stock in a transaction dated Monday, December 22nd. The shares were sold at an average price of $277.09, for a total value of $4,156,350.00. Following the completion of the sale, the executive vice president owned 165,618 shares of the company’s stock, valued at approximately $45,891,091.62. This trade represents a 8.30% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders bought 23,200 shares of company stock valued at $7,821,723 and sold 73,623 shares valued at $27,307,408. 0.24% of the stock is owned by company insiders.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: Micron said HBM4, PCIe Gen6 SSD and SOCAMM2 products are in high‑volume production — a direct revenue lever for AI datacenter customers (NVIDIA Vera Rubin mention) that validates demand and supports margins. Micron in High-Volume Production of HBM4
• Positive Sentiment: Micron completed acquisition of a Taiwan site and plans a second fab there to expand DRAM/HBM capacity, a strategic move tied to multi‑year AI memory tightness and future revenue (impact expected from FY2028 shipments). Micron plans second chip facility at newly acquired Taiwan site
• Positive Sentiment: Multiple brokers (RBC, TD Cowen, Baird, Rosenblatt and others) have raised price targets and reiterated Buy/Outperform calls on MU, signaling continued analyst confidence that AI memory pricing and DRAM tightness justify a higher valuation. Why Is Micron Technology Stock Gaining Tuesday?
• Neutral Sentiment: Micron reports Q2 earnings after the close on March 18 — the report is the near‑term catalyst that could confirm outsized revenue and margin guidance or introduce volatility if guidance falls short of elevated expectations. Micron’s stock rises as enthusiasm builds ahead of earnings
• Neutral Sentiment: Macro events this week (Fed rate decision and February PPI) could amplify market moves and change risk appetite into earnings, so broad market direction may affect MU’s post‑earnings reaction. Fed decision, inflation data, Micron earnings: What to Watch
• Negative Sentiment: Options markets show very high implied volatility and heavy call positioning into earnings; some analysts warn this positioning and gamma could “pin” the stock or produce a disappointed reaction even after strong results. That raises short‑term downside risk. Micron’s Stock May Plunge Following Earnings Results
• Negative Sentiment: There are cautionary takes arguing the memory cycle could roll over sooner than bullish forecasts assume and that MU’s rapid rerating leaves it exposed if supply/demand dynamics shift. Micron: Memory Downcycle Sooner Than Expected

Analyst Ratings Changes

Several research analysts have recently weighed in on MU shares. Phillip Securities upgraded Micron Technology to a “strong-buy” rating in a report on Monday, February 2nd. Raymond James Financial increased their price target on Micron Technology from $190.00 to $310.00 and gave the company an “outperform” rating in a report on Thursday, December 18th. Susquehanna boosted their price objective on Micron Technology from $345.00 to $525.00 and gave the stock a “positive” rating in a research note on Monday, March 9th. 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, HSBC raised their target price on Micron Technology from $350.00 to $500.00 and gave the stock a “buy” rating in a research note on Friday, January 23rd. Six equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $394.59.

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.