Gf Fund Management 13F: Cuts MU Stake by $130M

On October 26, 2026, Gf Fund Management cut its stake in Micron Technology, Inc. (MU) by 122,491 shares, leaving it with 325,584 shares. This reduction was disclosed in a filing with the SEC, which reported the current value of this position at about $346.8 million.

MU Micron Technology, Inc.

$903.70 ▲ +186.72% year to date

1M 3M YTD

Daily close · Oct 26, 2026

Where Micron Technology Fits in Gf Fund Management's Portfolio

Gf Fund Management's investment in Micron now represents 8.16% of its total reported 13F value, ranking it 4th among the fund's 616 positions. The recent cut of 122,491 shares reflects a 27.3% decrease in this position.

Other Institutional Activity in Micron Technology

UniSuper Management recently added 20,754 shares of Micron, increasing its total to 323,108 shares worth about $344.1 million. Signaturefd also grew its stake by 1,117 shares, bringing its total to 30,506 shares valued at around $32.5 million. Anderson Hoagland increased its holdings by 732 shares, now holding 1,126 shares worth approximately $964,788.

Micron Technology, Inc. Stock Up 3.0%

Micron Technology shares recently traded around $903.7, which is about equal to the closing price on the filing date of October 26. The stock is currently below its 50-day moving average by 8% but above its 200-day moving average by 23.4%.

Recent Earnings

In its most recent earnings report, Micron Technology announced trailing twelve-month revenue of approximately $133.2 billion and an EPS of $74.33. The company is set to report its next earnings on December 23, 2026.

Dividend

Micron Technology pays an annual dividend of $0.60 per share, which translates to a yield of about 0.07%.

Insider Buying and Selling at Micron Technology, Inc.

Several insiders sold shares earlier this year, including CEO Sanjay Mehrotra, who sold 31,285 shares on July 24, and Officer Sumit Sadana, who sold 15,000 shares on August 18 at an average price of $934.29. Additionally, Mehrotra sold another 40,000 shares on August 21.

Analysts Set New Price Targets

On October 1, 2026, Mizuho maintained its Outperform rating on Micron with a price target of $1,400, up from $1,300. DA Davidson also maintained a Buy rating, raising its target to $3,000 from $2,100 on October 7. The consensus among analysts is a strong buy, with a mean price target of approximately $1,561.91.

About Micron Technology

Micron Technology, Inc. is a leading provider of semiconductor memory and storage products, serving markets in the U.S., Asia, and Europe. Its diverse product offerings support a variety of applications across multiple sectors, including data centers and automotive technology.

Bottom Line

Investors should watch for Micron's next earnings report on December 23, 2026. Gf Fund Management's recent cut in its Micron position highlights ongoing adjustments in institutional holdings amid changing market conditions.