Mill Capital Management 13F: Cuts MU Stake by $5.2M

On October 26, 2026, Mill Capital Management trimmed its stake in Micron Technology, Inc. (MU) by 4,910 shares, reducing its total holdings to 96,957 shares valued at about $103.3 million. This change represents a 4.82% decrease in its position, according to the fund's latest Form 13F filing with the SEC.

MU Micron Technology, Inc.

$903.70 ▲ +186.72% year to date

1M 3M YTD

Daily close · Oct 26, 2026

Where Micron Technology Fits in Mill Capital Management's Portfolio

Micron Technology now makes up 30.59% of Mill Capital Management's portfolio, ranking first among its 128 reported positions. The fund's total reported value is approximately $337.6 million, indicating that this adjustment is a notable part of its overall investment strategy.

Other Institutional Activity in Micron Technology

Several other funds also adjusted their stakes in Micron Technology recently. J. Safra Sarasin Holding reduced its holdings by 8,027 shares, now holding 74,911 shares valued at about $74.7 million. In contrast, Tokio Marine Asset Management increased its stake by 1,762 shares, bringing its total to 43,291 shares worth approximately $46.1 million. Additionally, HB Wealth Management boosted its position by 9,869 shares, resulting in a total of 51,905 shares valued at about $55.3 million.

Micron Technology, Inc. Stock Up 3.0%

Micron shares recently traded around $903.70, which is about equal to the closing price on October 26, 2026. The stock is currently below its 50-day moving average by about 7.9% but remains above its 200-day average by approximately 23%. Over the past year, Micron has seen its shares trade as high as $1,255.00.

Recent Earnings

Micron Technology reported trailing twelve-month revenue of approximately $133.2 billion, showing a significant year-over-year growth of 379.3%. The company's next earnings report is scheduled for December 23, 2026.

Dividend

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

Insider Buying and Selling at Micron Technology, Inc.

Several insiders have sold shares of Micron Technology in recent months. On July 24, 2026, CEO Sanjay Mehrotra sold 31,285 shares, and on August 18, Officer Sumit Sadana sold 15,000 shares at an average price of $934.29. President Scott J. Deboer also sold 28,544 shares on October 16, 2026.

Analysts Set New Price Targets

Analysts maintain a strong buy consensus on Micron Technology. On October 1, 2026, Mizuho maintained its outperform rating with a price target of $1,400. DA Davidson also maintained a buy rating, raising its target to $3,000 on October 7. The consensus among analysts is a strong buy, with a mean price target of about $1,561.91.

About Micron Technology

Micron Technology, Inc. is a major player in the semiconductor industry, providing memory and storage products for various applications across the globe. With operations in the U.S., Taiwan, China, Japan, and Europe, it serves markets including cloud computing and automotive.

Bottom Line

Investors should keep an eye on Micron's upcoming earnings report on December 23, 2026, as well as further filings from institutional investors. Mill Capital Management's latest move reflects ongoing adjustments in the semiconductor sector amid changing market conditions.