Micron Technology shares see investor trimming and bullish revenue outlook

Headwater Capital Co Ltd reduced its Micron Technology (NASDAQ:MU) holding by 35% in the fourth quarter, selling 42,000 shares and ending the period with 78,000 shares valued at about $22.26 million, which represent roughly 4.3% of the firm's portfolio.

Micron reported strong quarterly results, posting $12.20 earnings per share and $23.86 billion in revenue. The company guided third‑quarter revenue to $33.5 billion with an 81% gross margin, citing robust AI‑driven memory demand. It also highlighted cash generation, reporting $11.9 billion operating cash flow and a record $6.5 billion net cash position.

Analyst commentary notes that Micron’s revenue could grow to $112‑$184 billion by fiscal 2027 and that the stock trades at a low forward earnings multiple, supporting a continued long‑position view despite recent insider sales.