Sanders Morris Harris LLC Has $312,000 Holdings in Micron Technology, Inc. $MU

Sanders Morris Harris LLC decreased its position in shares of Micron Technology, Inc. (NASDAQ:MU) by 78.4% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 270 shares of the semiconductor manufacturer’s stock after selling 980 shares during the quarter. Sanders Morris Harris LLC’s holdings in Micron Technology were worth $312,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Norges Bank acquired a new position in Micron Technology in the fourth quarter valued at $6,433,456,000. AQR Capital Management LLC grew its holdings in Micron Technology by 411.9% during the 3rd quarter. AQR Capital Management LLC now owns 3,627,022 shares of the semiconductor manufacturer’s stock worth $606,873,000 after acquiring an additional 2,918,535 shares during the period. Arrowstreet Capital Limited Partnership raised its position in shares of Micron Technology by 1,340.6% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 2,820,986 shares of the semiconductor manufacturer’s stock worth $805,148,000 after acquiring an additional 2,625,169 shares in the last quarter. Amundi lifted its stake in shares of Micron Technology by 65.0% in the 4th quarter. Amundi now owns 4,989,400 shares of the semiconductor manufacturer’s stock valued at $1,424,025,000 after purchasing an additional 1,965,319 shares during the period. Finally, Vanguard Group Inc. lifted its stake in shares of Micron Technology by 1.9% in the 4th quarter. Vanguard Group Inc. now owns 106,608,094 shares of the semiconductor manufacturer’s stock valued at $30,427,016,000 after purchasing an additional 1,954,644 shares during the period. 80.84% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently commented on MU. Barclays raised their target price on Micron Technology from $1,175.00 to $2,000.00 and gave the stock an “overweight” rating in a research note on Thursday, June 25th. KeyCorp restated an “overweight” rating on shares of Micron Technology in a report on Monday, July 20th. UBS Group raised their price objective on shares of Micron Technology from $535.00 to $1,625.00 and gave the stock a “buy” rating in a research report on Tuesday, May 26th. Cantor Fitzgerald reiterated an “overweight” rating and set a $1,500.00 target price on shares of Micron Technology in a research report on Thursday, June 25th. Finally, Wells Fargo & Company increased their target price on shares of Micron Technology from $1,220.00 to $1,525.00 and gave the stock an “overweight” rating in a research note on Thursday, June 25th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, Micron Technology has an average rating of “Buy” and a consensus price target of $1,268.93.

Insider Buying and Selling

In other Micron Technology news, CAO Scott R. Allen sold 879 shares of the stock in a transaction dated Thursday, July 23rd. The shares were sold at an average price of $1,000.00, for a total value of $879,000.00. Following the completion of the sale, the chief accounting officer owned 34,958 shares in the company, valued at approximately $34,958,000. This trade represents a 2.45% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP April S. Arnzen sold 40,000 shares of Micron Technology stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $1,083.94, for a total transaction of $43,357,600.00. Following the transaction, the executive vice president directly owned 85,737 shares in the company, valued at approximately $92,933,763.78. This represents a 31.81% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 164,179 shares of company stock valued at $169,385,921 over the last 90 days. 0.24% of the stock is currently owned by company insiders.

Micron Technology Price Performance

Shares of NASDAQ MU opened at $893.19 on Thursday. The stock has a market cap of $1.01 trillion, a price-to-earnings ratio of 20.22 and a beta of 2.18. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.98 and a current ratio of 3.42. Micron Technology, Inc. has a fifty-two week low of $106.75 and a fifty-two week high of $1,255.00. The firm’s 50-day simple moving average is $977.73 and its 200 day simple moving average is $653.36.

Micron Technology (NASDAQ:MU) last issued its quarterly earnings data on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 EPS for the quarter, topping the consensus estimate of $21.39 by $3.72. Micron Technology had a return on equity of 71.13% and a net margin of 55.91%.The firm had revenue of $41.46 billion during the quarter, compared to the consensus estimate of $35.91 billion. During the same period in the prior year, the business posted $1.91 earnings per share. The company’s quarterly revenue was up 345.8% compared to the same quarter last year. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. As a group, research analysts anticipate that Micron Technology, Inc. will post 72.93 earnings per share for the current fiscal year.

Micron Technology Dividend Announcement

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

Trending Headlines about Micron Technology

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

• Positive Sentiment: Elon Musk said memory-chip demand is growing much faster than global production, implying that elevated pricing could persist for years. The comments reinforced the outlook for Micron’s high-bandwidth memory and other AI-related products. Micron Retreats From Earlier Gains After Musk Flagged Surging Memory Prices
• Positive Sentiment: Samsung’s warning that memory shortages may worsen in 2027 and continue through 2028 strengthened expectations for a prolonged supply-constrained cycle. Micron’s sold-out 2026 HBM capacity and customer commitments further support revenue visibility. Micron Has More to Gain Than Nvidia Has to Lose From Samsung’s 2028 Warning
• Positive Sentiment: Bank of America reiterated its Buy rating and $1,550 price target, calling the recent pullback an enhanced buying opportunity. The firm said cloud and AI-infrastructure demand remains solid and Micron’s pricing power is intact. Micron Pullback Seen as Buying Opportunity Amid Solid End-Demand
• Positive Sentiment: Micron’s latest quarterly results showed record revenue of about $41.5 billion, sharply higher year over year, with earnings and revenue exceeding analyst estimates. Strong forward guidance and a robust semiconductor earnings season are providing additional support.
• Neutral Sentiment: A broader semiconductor rally tied to renewed AI optimism helped lift MU and other chip stocks, although gains faded as investors reassessed risk across high-growth technology shares. Semiconductor Rally Powers S&P 500 to Fresh Record High
• Negative Sentiment: Investors remain concerned that elevated expectations for AI spending could lead to oversupply, weaker pricing or a sharper memory-stock correction. Chinese competition and Micron’s substantial retreat from its recent peak add to volatility.
• Negative Sentiment: Michael Burry’s reported short position in MU and extensive insider selling are weighing on sentiment, even though these signals do not necessarily reflect the company’s operating outlook. Micron Technology Stock Opinions on AI Demand and Short Warnings

Micron Technology 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.