Generate Investment Management 13F: Adds $38M to MU Stake

Generate Investment Management increased its holdings in Micron Technology, Inc. (NasdaqGS: MU) during the period, according to a Form 13F filing with the SEC on October 14, 2026. Institutional 13F filings are backward-looking documents that show what a fund held at the end of the reported quarter, meaning this snapshot may not reflect the investor's current positioning today.

What Changed in Generate Investment Management's Micron Technology Position

The firm grew its stake by 55.8% during the period. That change came from the purchase of 36,092 additional shares, lifting Generate Investment Management's total holdings to 100,708 shares. The reported value of the position stood at $107,265,098 at the time of the filing.

Other Institutional Activity in Micron Technology

Other large institutional investors made adjustments to their own Micron Technology stakes around the same reporting cycle. Blackrock Inc. grew its holdings by 1,681,279 shares, ending with 104,827,219 shares worth about $92,126,355,961. Vanguard Capital Management LLC grew its holdings by 519,296 shares, ending with 73,659,544 shares worth about $64,734,955,627. State Street Corporation reduced its holdings by 2,162,676 shares, ending with 50,075,870 shares worth about $44,008,678,935. Invesco Ltd. grew its holdings by 631,600 shares, ending with 36,315,240 shares worth about $31,915,286,496. Capital World Investors reduced its holdings by 12,581,790 shares, ending with 29,469,646 shares worth about $25,899,104,482.

Micron Technology, Inc. Stock Down 3.2%

Micron Technology shares recently traded around $884.66 as of October 16, 2026. The stock sits above its 200-day moving average by 23.7%, while trading below its 50-day moving average and 52-week high.

Recent Earnings

Micron Technology reported trailing-twelve-month revenue of $133,188,001,792 alongside a trailing earnings per share of $74.33. The company posted a net margin of 63.8% and a return on equity of 88.3%. Its year-over-year revenue growth reached 379.3%. The next earnings report is scheduled for December 23, 2026.

Dividend

Micron Technology pays an annual dividend yielding 0.06% with a payout ratio of 0.7%.

Insider Buying and Selling at Micron Technology, Inc.

Company insiders executed several stock transactions prior to the filing. Chief Executive Officer Sanjay Mehrotra sold 31,285 shares on July 24, 2026, with a total value of $28,995,816. Sanjay Mehrotra sold another 8,715 shares on July 24, 2026, valued at $8,294,275. Officer Sumit Sadana sold 15,000 shares on August 18, 2026, at an average price of $934.29, totaling $14,014,350. Sanjay Mehrotra later sold 40,000 shares on August 21, 2026, valued at $38,756,162.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock ahead of the filing. On October 1, 2026, Mizuho maintained its Outperform rating and raised its price target to $1400.0 from $1300.0. On October 1, 2026, Morgan Stanley reiterated its Overweight rating with a $1200.0 price target. On October 1, 2026, TD Cowen reiterated a Buy rating with a $1600.0 price target. On October 7, 2026, DA Davidson maintained a Buy rating and raised its target to $3000.0 from $2100.0. On October 13, 2026, Rosenblatt maintained a Buy rating with a $1900.0 price target. The stock carries a consensus strong buy recommendation from 46 analysts, with a mean price target of $1560.57.

About Micron Technology

Headquartered in Boise, Idaho, Micron Technology designs and manufactures memory and storage products, including dynamic random-access memory and flash storage chips. Its hardware serves cloud data centers, mobile devices, personal computers, and automotive systems worldwide. Institutional holdings shifts like Generate Investment Management's updated stake highlight how major asset managers position themselves around the semiconductor maker's role in hardware supply chains.

Bottom Line

Investors will watch Micron Technology's upcoming earnings release on December 23, 2026, for further updates on financial performance. Future Form 13F filings will show whether Generate Investment Management maintains or adjusts its position as market conditions evolve.