Livforsakringsbolaget Skandia, Omsesidigt 13F: Cuts MU Stake by $2.9M

Livforsakringsbolaget Skandia trimmed its stake in Micron Technology, Inc. MU by 2,680 shares during the quarter, according to a form 13F filing with the SEC on October 21, 2026. The move reduced the fund's holdings in the semiconductor maker.

MU Micron Technology, Inc.

$913.67 ▲ +189.88% year to date

1M 3M YTD

Daily close · Oct 21, 2026

What Changed in Livforsakringsbolaget Skandia's Micron Technology Position

The institutional investor lowered its holdings by 2.67%, dropping from 100,262 shares down to 97,582 shares. The remaining stake carried a value of roughly $103.9 million at the close of the period.

Other Institutional Activity in Micron Technology

Other large investors adjusted their positions in the memory chip manufacturer around the same time. Quilter grew its holdings by 50,313 shares, ending with 131,610 shares worth about $140.2 million. Sumitomo Mitsui DS Asset Management Company lifted its stake by 16,103 shares to hold 194,522 shares valued at about $207.2 million. Meanwhile, Primecap Management Company cut its position by 2,657,819 shares, leaving it with 19,217,236 shares worth about $17.4 billion.

Micron Technology, Inc. Stock Up 0.9%

Shares of Micron Technology closed at $913.67 on October 21, 2026, and recently traded around $913.62. The stock trades above its 200-day moving average of $726.85, though it remains below its 52-week peak of $1,255.00.

Recent Earnings

Micron posted trailing twelve month revenue of $133.19 billion alongside earnings of $74.33 per share. The business operates with a net margin of 63.8% and a return on equity of 88.3%. Its next earnings report is scheduled for December 23, 2026.

Dividend

The company pays an annual dividend of $0.60 per share, which gives it a dividend yield of 0.07% with a payout ratio of 0.7%.

Insider Buying and Selling at Micron Technology, Inc.

Company insiders completed several share sales ahead of the filing. Chief Executive Officer Sanjay Mehrotra sold 31,285 shares on July 24, 2026, valued at $29.0 million. Officer Sumit Sadana sold 15,000 shares on August 18, 2026, at an average price of $934.29 for a total of $14.0 million. Sanjay Mehrotra sold another 40,000 shares on August 21, 2026, worth $38.8 million. President Scott J. Deboer sold 28,544 shares on October 16, 2026, valued at $25.7 million.

Analysts Set New Price Targets

Wall Street research firms updated their views on the chip maker leading up to the filing. On October 1, 2026, Mizuho maintained an outperform rating while raising its price target to $1,400.00 from $1,300.00. Morgan Stanley reiterated its overweight rating with a $1,200.00 price target on October 1, 2026. TD Cowen also kept a buy rating on October 1, 2026, with a $1,600.00 target. DA Davidson maintained a buy rating on October 7, 2026, lifting its target to $3,000.00 from $2,100.00. Rosenblatt maintained a buy rating on October 13, 2026, keeping its price target at $1,900.00. Overall, the stock carries a strong buy recommendation from 46 analyst opinions with a mean target price of $1,560.57.

About Micron Technology

Micron Technology, Inc. creates semiconductor memory and storage solutions used worldwide. Its offerings include advanced memory products for cloud data centers, mobile devices, personal computers, and automotive systems, supporting modern digital infrastructure.

Bottom Line

Market participants will look toward the company's next earnings release on December 23, 2026, for updates on profit margins and demand trends. Further institutional filings will reveal whether other funds follow Livforsakringsbolaget Skandia in trimming exposure.