Mirae Asset Securities (Usa) 13F: Exits MU Stake

Mirae Asset Securities has completely exited its investment in Micron Technology, Inc. (NasdaqGS: MU), according to a Form 13F filing with the SEC on October 15, 2026. Institutional holdings reports like the 13F look backward at portfolio choices made at the close of the last quarter and may not reflect the investor's current holdings today.

Inside Mirae Asset Securities's Micron Technology Trade

In its filing, Mirae Asset Securities reported selling out of its Micron Technology stake entirely. The fund parted ways with all 10,034 shares it previously held, cutting the position down to zero. Because 13F filings are backward-looking snapshots, the exact timing of the trades during the quarter is not detailed in the filing.

Other Institutional Activity in Micron Technology

While Mirae Asset opted to close out its position, other major asset managers made mixed adjustments to their stakes in Micron Technology during the period. Blackrock Inc. grew its holdings by 1,681,279 shares, ending with 104,827,219 shares worth about $92,130,000,000. Vanguard Capital Management LLC boosted its stake by 519,296 shares, closing the period with 73,659,544 shares valued at roughly $64,735,000,000. State Street Corporation trimmed its position by 2,162,676 shares, bringing its holdings to 50,075,870 shares worth about $44,009,000,000. Invesco Ltd. added 631,600 shares to own 36,315,240 shares valued at approximately $31,915,000,000. Capital World Investors made a larger reduction, selling 12,581,790 shares to finish the period with 29,469,646 shares worth about $25,899,000,000.

Micron Technology, Inc. Stock Down 3.2%

Micron Technology shares recently traded around $884.66 as of October 16, 2026. The stock sits below its 50-day moving average of $983.17, while trading above its 200-day moving average of $714.91. Over the past 52 weeks, shares have traded as low as $192.40 and as high as $1,255.00.

Recent Earnings

For its trailing twelve-month period, Micron Technology generated $133,188,001,792 in revenue and reported basic earnings of $74.33 per share. The company posted a net profit margin of 63.8% and a return on equity of 88.3%. The next earnings release is scheduled for December 23, 2026.

Dividend

Micron Technology pays an annual dividend yielding 0.06%, backed by a dividend payout ratio of 0.7%.

Insider Buying and Selling at Micron Technology, Inc.

Company insiders also made transactions ahead of the filing. Chief Executive Officer Sanjay Mehrotra sold 31,285 shares on July 24, 2026, for a total value of $28,995,816, and another 8,715 shares on the same day valued at $8,294,275. Mehrotra later sold 40,000 shares on August 21, 2026, worth $38,756,162. Separately, officer Sumit Sadana sold 15,000 shares at an average price of $934.29 on August 18, 2026, totaling $14,014,350.

Analysts Set New Price Targets

Analyst firms have kept a generally positive outlook on the stock ahead of the filing. On October 1, 2026, Mizuho maintained an Outperform rating and raised its price target to $1400.0 from $1300.0. On the same day, Morgan Stanley reiterated an Overweight rating with a $1200.0 target, and TD Cowen reiterated a Buy rating with a $1600.0 target. DA Davidson maintained a Buy rating on October 7, 2026, lifting its target to $3000.0 from $2100.0. Rosenblatt maintained a Buy rating with a $1900.0 target on October 13, 2026. Across Wall Street, the stock carries a consensus strong buy rating with a mean target price of $1560.57 based on 46 analyst opinions.

About Micron Technology

Micron Technology, Inc. designs and manufactures semiconductor memory and storage products. The Boise-based company operates through several segments focusing on cloud, data center, mobile, client, and automotive memory solutions. Institutional portfolio changes like Mirae Asset's exit offer a window into how professional managers reallocate capital across major technology names.

Bottom Line

Investors tracking Micron Technology will want to watch the upcoming earnings report on December 23, 2026, for updated financial results. Because 13F filings look back at prior quarters, monitoring subsequent disclosures will reveal whether other funds follow Mirae Asset's lead or continue building positions.