RMR Wealth Builders 13F: Cuts MU Stake by $984K

RMR Wealth Builders reduced its stake in Micron Technology, Inc. MU by 7.3% during the quarter, according to a Form 13F filing with the SEC on October 22, 2026. The firm sold 924 shares of the semiconductor maker, ending the period with 11,686 shares valued at approximately $12.4 million. The holding was previously valued higher before the reduction.

MU Micron Technology, Inc.

$856.49 ▲ +171.74% year to date

1M 3M YTD

Daily close · Oct 22, 2026

Other Institutional Activity in Micron Technology, Inc.

Other large investors adjusted their holdings in the chip maker around the same time. Perigon Wealth Management cut its position by 7.3%, selling 2,349 shares to finish with 29,670 shares worth about $31.6 million. SBI Securities trimmed its stake by 24.2% by selling 27,192 shares, leaving it with 84,966 shares valued at roughly $90.5 million. Barings reduced its holdings drastically by 65.7%, selling 1,686 shares to end with 879 shares worth about $936,232. Sagespring Wealth Partners grew its position by 9.3%, adding 1,446 shares to hold 16,982 shares valued at roughly $18.1 million. True North Advisors also made a large cut, lowering its stake by 96.3% by selling 6,049 shares to hold 230 shares worth about $245,277.

Micron Technology, Inc. Stock Down 4.4%

Micron Technology shares recently traded around $857.01 as of October 23, 2026, sitting close to the closing price of $856.49 recorded on the filing date. The stock trades well below its 52-week high of $1255.00, though it remains up substantially from its 52-week low of $192.59. Shares currently rest below the 50-day moving average while staying above the 200-day moving average.

Recent Earnings

Micron Technology reported trailing twelve-month revenue of $133.2 billion alongside strong profitability metrics, including a net margin of 63.8% and a return on equity of 88.3%.

Insider Buying and Selling at Micron Technology, Inc.

Company insiders executed several stock sales in the months leading up to the filing. Chief Executive Officer Sanjay Mehrotra sold 31,285 shares on July 24, 2026, for a total value of about $29.0 million. Officer Sumit Sadana sold 15,000 shares on August 18, 2026, at an average price of $934.29, totaling roughly $14.0 million. Chief Executive Officer Sanjay Mehrotra completed another sale of 40,000 shares on August 21, 2026, worth about $38.8 million. Later, President Scott J. Deboer sold 28,544 shares on October 16, 2026, for a total value of roughly $25.7 million.

Analysts Set New Price Targets

Wall Street firms updated their outlooks on the stock ahead of the filing. Mizuho maintained an outperform rating on October 1, 2026, and raised its price target to $1400.00 from $1300.00. DA Davidson maintained a buy rating on October 7, 2026, lifting its target to $3000.00 from $2100.00. Rosenblatt maintained a buy rating with a $1900.00 target on October 13, 2026, and reiterated that stance on October 22, 2026. Needham also reiterated a buy rating with a $1650.00 target on October 22, 2026. Overall, the stock holds a consensus recommendation of strong buy from 46 analysts with a mean price target of $1560.57.

About Micron Technology, Inc.

Based in Boise, Idaho, Micron Technology designs and manufactures advanced memory and storage products, including DRAM, NAND, and NOR flash memory. Its components serve a wide range of markets, from cloud data centers and mobile devices to automotive systems and personal computers. Institutional updates and insider moves draw close attention from market participants tracking the broader semiconductor cycle.

Bottom Line

Investors continue to monitor institutional adjustments and insider transaction patterns as memory chip demand evolves.