Entropy Technologies LP Has $5.50 Million Stock Holdings in Micron Technology, Inc. $MU

Entropy Technologies LP lowered its position in shares of Micron Technology, Inc. (NASDAQ:MU) by 68.6% in the first quarter, Holdings Channel reports. The firm owned 16,292 shares of the semiconductor manufacturer’s stock after selling 35,589 shares during the period. Entropy Technologies LP’s holdings in Micron Technology were worth $5,504,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Sustainable Insight Capital Management LLC lifted its holdings in Micron Technology by 165.8% during the first quarter. Sustainable Insight Capital Management LLC now owns 2,565 shares of the semiconductor manufacturer’s stock worth $867,000 after acquiring an additional 1,600 shares in the last quarter. Boreal Capital Management LLC acquired a new stake in shares of Micron Technology during the first quarter worth about $237,000. Senvest Management LLC bought a new position in shares of Micron Technology during the 1st quarter valued at about $8,108,000. Cannell & Spears LLC lifted its holdings in shares of Micron Technology by 914.6% during the 1st quarter. Cannell & Spears LLC now owns 46,631 shares of the semiconductor manufacturer’s stock valued at $15,744,000 after purchasing an additional 42,035 shares in the last quarter. Finally, Gabelli Funds LLC increased its stake in Micron Technology by 10.3% during the 1st quarter. Gabelli Funds LLC now owns 21,500 shares of the semiconductor manufacturer’s stock worth $7,264,000 after purchasing an additional 2,000 shares in the last quarter. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Key Stories 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 research analyst reports. KeyCorp reiterated an “overweight” rating on shares of Micron Technology in a report on Monday, July 20th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $1,500.00 target price on shares of Micron Technology in a research note on Thursday, June 25th. Wolfe Research set a $1,500.00 target price on Micron Technology in a report on Thursday, June 25th. The Goldman Sachs Group boosted their price objective on shares of Micron Technology from $900.00 to $1,100.00 and gave the stock a “neutral” rating in a research report on Thursday, June 25th. Finally, Erste Group Bank raised Micron Technology from a “hold” rating to a “buy” rating in a research report on Thursday, June 25th. Four analysts have rated the stock with a Strong Buy rating, thirty have given 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 target price of $1,268.93.

Micron Technology Stock Performance

MU opened at $920.95 on Friday. The company has a debt-to-equity ratio of 0.05, a current ratio of 3.42 and a quick ratio of 2.98. The business has a fifty day simple moving average of $966.27 and a 200 day simple moving average of $622.56. Micron Technology, Inc. has a 1 year low of $103.38 and a 1 year high of $1,255.00. The company has a market capitalization of $1.04 trillion, a PE ratio of 20.85 and a beta of 2.14.

Micron Technology (NASDAQ:MU) last posted its earnings results 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. The company had revenue of $41.46 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter last year, the firm earned $1.91 earnings per share. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. Research analysts expect that Micron Technology, Inc. will post 72.93 EPS for the current year.

Micron Technology Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 21st. Stockholders of record on Monday, July 6th were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Monday, July 6th. Micron Technology’s payout ratio is presently 1.36%.

Insider Buying and Selling

In other news, Director Steven J. Gomo sold 2,000 shares of the company’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $787.03, for a total transaction of $1,574,060.00. Following the completion of the sale, the director directly owned 17,139 shares in the company, valued at approximately $13,488,907.17. This represents a 10.45% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Lynn A. Dugle sold 1,300 shares of the business’s stock in a transaction dated Tuesday, June 30th. The shares were sold at an average price of $1,150.43, for a total value of $1,495,559.00. Following the completion of the transaction, the director directly owned 17,728 shares of the company’s stock, valued at approximately $20,394,823.04. This trade represents a 6.83% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 163,300 shares of company stock valued at $152,667,204. 0.24% of the stock is currently owned by corporate insiders.

Micron Technology Company Profile

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.