J. Safra Sarasin Holding 13F: Cuts MU Stake by $8M
Key Points
- J. Safra Sarasin Holding reduced its position in Micron Technology by 8,027 shares, a 9.7% decrease, with a reported value of approximately $74.7 million.
- J. Safra Sarasin Holding held 74,911 $MU shares at quarter end, down 9.68% from the prior quarter.
- Micron Technology's shares recently traded around $903.7, about equal to the closing price on the filing date.
- Other funds, like UniSuper Management, increased their positions in Micron Technology, indicating varying strategies among institutional investors.
Get Micron Technology text alerts
We text you when insiders, Congress, analysts or big funds move on $MU.
By entering your mobile number and tapping the sign-up button, you provide express written consent to receive recurring automated text messages from TradeTexts at that number, including stock alerts about SEC filings, insider and congress trades, analyst ratings, hedge fund moves, and earnings results. Consent is not a condition of any purchase. Message frequency varies. Messages are not investment advice. Message and data rates may apply. Reply HELP for help and STOP to opt out at any time. See our Terms and Privacy Policy.
Not investment advice. TradeTexts is not a registered investment adviser, and this automated Micron Technology, Inc. alert may contain errors. Disclosures
On October 26, 2026, J. Safra Sarasin Holding trimmed its stake in Micron Technology, Inc. (MU) by 8,027 shares, bringing its total holdings to 74,911 shares valued at approximately $74.7 million. This reduction represents a 9.7% decrease in its position. The information comes from the fund's latest Form 13F filing with the SEC.
MU
Micron Technology, Inc.
Where Micron Technology Fits in J. Safra Sarasin's Portfolio
J. Safra Sarasin's stake in Micron Technology now accounts for 3.15% of its total reported value of $2.37 billion.
Other Institutional Activity in Micron Technology
Several other institutions have made moves in Micron Technology recently. UniSuper Management boosted its stake by 20,754 shares, reaching a total of 323,108 shares worth about $344.1 million. Meanwhile, Signaturefd increased its holdings by 1,117 shares to 30,506 shares valued at approximately $32.5 million. Barings, on the other hand, reduced its position by 1,686 shares, ending with 879 shares worth about $936,232.
Micron Technology, Inc. Stock Up 3.0%
Micron Technology's shares have been trading recently around $903.7, which is about equal to the closing price on October 26, 2026. The stock is currently below its 50-day moving average by 8% but remains above its 200-day average by 23.4%. The shares also sit 28% below their 52-week high of $1,255.00.
Recent Earnings
Micron reported trailing twelve-month revenue of approximately $133.2 billion and an EPS of $74.33. The next earnings report is scheduled for December 23, 2026.
Insider Buying and Selling at Micron Technology, Inc.
Several insiders have sold shares recently. CEO Sanjay Mehrotra sold 31,285 shares on July 24, 2026, while Officer Sumit Sadana sold 15,000 shares on August 18, 2026. President Scott J. Deboer also sold 28,544 shares on October 16, 2026.
Analysts Set New Price Targets
On October 1, 2026, Mizuho maintained an Outperform rating with a price target of $1,400. DA Davidson also maintained a Buy rating with a target of $3,000 on October 7, 2026. The consensus among analysts is a strong buy with a mean target price of $1,561.91 based on 45 opinions.
About Micron Technology
Micron Technology, Inc. is a leading provider of semiconductor memory and storage products, operating in various global markets including the U.S., Taiwan, and Europe. The company's diverse business units focus on cloud memory, data centers, and automotive applications, which are critical in today's tech-driven economy.
Bottom Line
Investors should watch for further institutional moves and the upcoming earnings report on December 23, 2026. J. Safra Sarasin's latest filing reflects a strategic adjustment, and it will be interesting to see how this impacts their overall investment strategy.
Related Filing Alerts
Source: J. Safra Sarasin Holding's 13F filing on $MU (Oct 26, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts